Kitchen & Dining Furniture - Oman

  • Oman
  • In 2024, the Kitchen & Dining Furniture market in Oman is projected to generate a revenue of US$53.02m.
  • It is anticipated that this market will experience an annual growth rate of 1.15% (CAGR 2024-2029).
  • When compared globally, in the United States leads in terms of revenue generation with US$38,810m in 2024.
  • In relation to the total population, the per capita revenue in Oman amounts to US$11.25 in 2024.
  • The demand for traditional Omani-style kitchen and dining furniture is on the rise in Oman, reflecting a renewed appreciation for the country's cultural heritage.

Key regions: Canada, United Kingdom, Brazil, Germany, India

 
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Analyst Opinion

The Kitchen & Dining Furniture market in Oman is experiencing steady growth due to changing customer preferences, emerging trends, and local special circumstances.

Customer preferences:
Customers in Oman are increasingly looking for stylish and functional kitchen and dining furniture that complements their home interiors. They prefer furniture pieces that are durable, easy to clean, and offer ample storage space. Additionally, customers are becoming more conscious about sustainability and are seeking eco-friendly furniture options made from renewable materials.

Trends in the market:
One of the key trends in the Kitchen & Dining Furniture market in Oman is the growing demand for modular furniture. Modular furniture allows customers to customize their kitchen and dining spaces according to their specific needs and preferences. This trend is driven by the desire for flexibility and adaptability in furniture design. Another trend in the market is the rising popularity of open-plan kitchens. Open-plan kitchens integrate the kitchen with the dining and living areas, creating a seamless and spacious environment. This trend is influenced by the changing lifestyles and preferences of customers, who seek a more social and interactive space for cooking, dining, and entertaining.

Local special circumstances:
Oman has a diverse population with a mix of expatriates and locals, resulting in a multicultural and cosmopolitan society. This diversity is reflected in the demand for a wide range of kitchen and dining furniture styles, catering to different cultural preferences and tastes. As a result, the market offers a variety of options, ranging from traditional Arabic designs to modern and contemporary styles.

Underlying macroeconomic factors:
The Kitchen & Dining Furniture market in Oman is also influenced by macroeconomic factors such as population growth, urbanization, and disposable income levels. With a growing population and increasing urbanization, there is a higher demand for housing, which in turn drives the demand for kitchen and dining furniture. Additionally, rising disposable incomes enable customers to invest in higher-quality and more expensive furniture pieces. In conclusion, the Kitchen & Dining Furniture market in Oman is witnessing growth due to changing customer preferences, emerging trends, and local special circumstances. Customers are seeking stylish and functional furniture, with a preference for modular and eco-friendly options. The market is also influenced by the popularity of open-plan kitchens and the diverse cultural preferences of the population. Overall, macroeconomic factors such as population growth, urbanization, and disposable income levels contribute to the development of the market.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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