PRTODAY / NewswireToday Free press release distribution service network

More news: Retail/Wholesale
Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Saudi Arabia Furniture Production Destined for Phenomenal Growth Finds RNCOS - Improving raw material supplies and strategic ties with western manufacturers will propel domestic furniture production in Saudi Arabia to grow at a CAGR of 10.9% during 2010-2013, says RNCOS
Saudi Arabia Furniture Production Destined for Phenomenal Growth Finds RNCOS

 

NewswireToday - /newswire/ - Noida, Uttar Pradesh, India, 2010/09/16 - Improving raw material supplies and strategic ties with western manufacturers will propel domestic furniture production in Saudi Arabia to grow at a CAGR of 10.9% during 2010-2013, says RNCOS.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

According to our new research report “Saudi Arabia Furniture Market Analysis”, Saudi Arabia represents one of the fastest growing and highly untapped furniture markets in the MENA region. The industry showed remarkable resilience during post recessionary tough scenario and recorded positive year-on-year growth in 2009. Government support and strategic tie-ups with foreign furniture giants have proved decisive for production growth, which is expected to grow at a CAGR of 10.9% during 2010-2013.

The research has revealed that in order to promote the local production, the government favored higher import taxes on furniture products. In addition, wood and wood products suppliers acknowledged the vast untapped local demand and thus capital financing in wood product manufacturing firms grew substantially. On the back of powerful regulatory and monetary support, the production is anticipated to post double digit CAGR growth in coming years.

At the segment level, the furniture production is currently skewed towards household segment and office furniture accounts for a low but growing share. The future trend in furniture production is very much balanced. The construction of various economic cities in the Kingdom will constitute Million’s Sq m of commercial and residential space in future. In view of billions of dollar worth construction projects along with various other market developments discussed in the report, the furniture players will adopt a mid way strategy to manage their production basket with a careful balance of office and household furniture offerings.

“Saudi Arabia Furniture Market Analysis” provides an extensive research and objective analysis of Saudi Arabia’s booming furniture industry and its future potential. It facilitates information and statistics of the furniture industry structure, production trends and demand scenario along with import-export developments. The report provides segment wise furniture production and demand forecast to facilitate cutting edge market intelligence. Additionally, current and future trends on Interior Design Contracting and Fit-out Industry spending have been included for the retail, office, residential and hotels sectors.

Report/IM271

About RNCOS
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Retail/Wholesale articles,
CATCH Visitors via Your Competitors Announcements!


Saudi Arabia Furniture Production Destined for Phenomenal Growth Finds RNCOS

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Shushmul Maheshwari - RNCOS.com 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Retail/Wholesale via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Retail/Wholesale Most Recent Related Newswires:

World's First See through 'Child On Board' Sticker Prevents Accidents, Promotes Safety
Retail IT Specialist Detego Launches New Software for Omni - Channel Retailing
Online Grocery Store Somaya’s Kitchen Launched in the United Kingdom
Author & CEO of Market Viewpoint, Angela Megasko Presents At MSPA-NA’s Annual Shopperfest in Las Vegas, Nevada
Oracle and Snapchat Measure Impact of Snap Ads On Sales in Stores
Russian Grocery Leader O’KEY Selects JDA to Drive Higher Sales and Profits
Rose Pharmacy Leverages JDA Merchandise Management System to Improve its Customer-centric Focus
RAANGE Interactive Secures One Million Customer Leads in 6 Months for Retailers
ARCH Design Relocates to 30,000-Square-Foot Facility
Azoth Analytics Releases 2015-2020 Global Handbags Market Trends, Opportunities and Forecasts
spexGrip Introduces Innovative Glasses Holder
Belle Lingerie Celebrates 10 Years of Online Trading
iControl Recognized as One of the Best Entrepreneurial Companies in America by Entrepreneur Magazine
Aurorae Launches Aqua Division with Sport & Swim Towel Line
Sinesy Unveils First Fashion Buying Digital Solution - PickTOUR

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)