Middle East & Africa Multifunctional Furniture Market Size & Outlook
The multifunctional furniture market in Middle East & Africa is expected to reach a projected revenue of US$ 262.4 million by 2030. A compound annual growth rate of 6.8% is expected of Middle East & Africa multifunctional furniture market from 2024 to 2030.
Revenue, 2023 (US$M)
$165.2
Forecast, 2030 (US$M)
$262.4
CAGR, 2024 - 2030
6.8%
Report Coverage
Middle East & Africa
Middle East & Africa multifunctional furniture market, 2018-2030 (US$M)
MEA multifunctional furniture market highlights
- The MEA multifunctional furniture market generated a revenue of USD 165.2 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, sofa cum bed was the largest revenue generating product in 2023.
- Sofa Cum Bed is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 165.2 million |
| Market revenue in 2030 | USD 262.4 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Sofa cum bed |
| Fastest growing segment | Sofa Cum Bed |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sofa Cum Bed |
| Key market players worldwide | Haworth, Inc., HNI Corporation |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.3% of the global multifunctional furniture market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,466.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Multifunctional Furniture Market Scope
Multifunctional furniture market segmentation & scope
Sofa Cum Bed
Wall Bed
Shelf and Desk
Modular Furniture
Extendable Table
Storage Ottoman
Convertible Chair/Recliner
Others
Material
Metal
Wood
Plastic
Glass
Others
End Use
Residential
Commercial
Countries
U.S.
Canada
Mexico
UK
France
Germany
Italy
Spain
China
India
Japan
Brazil
Argentina
South Africa
Saudi Arabia
Multifunctional Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa multifunctional furniture market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
