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Iran's furniture market is valued at USD 4 billion and is expected to grow at a CAGR of 5.05% from 2023 to 2028. The market is driven by a growing middle class, rising disposable incomes, and increasing urbanization.
The Iranian government is a major purchaser of furniture. In 2023, the government is expected to spend USD 200 million on furniture. The government procures furniture for a variety of purposes, including offices, schools, hospitals, and public buildings.
The main furniture products and services procured by the Iranian government include:
Office furniture
School furniture
Hospital furniture
Public building furniture
The top authorities for Iran furniture procurement are:
Ministry of Interior
Ministry of Education
Ministry of Health
Ministry of Housing and Urban Development
Top Local Winners in Iran's Diverse Procurement Sectors:
This sector is dominated by numerous small and medium-sized businesses, with top players varying by region and furniture type. However, some established brands include:
Mobلمان منزل: Leading retailer of modern furniture for homes and offices, with a wide range of styles and designs.
Mogo Home: Offers contemporary and Scandinavian-inspired furniture pieces, with a focus on quality materials and craftsmanship.
Homayoun: Renowned manufacturer of hand-crafted Persian carpets and traditional furniture pieces.
Shiraz Arts and Crafts: Offers exquisite wood carvings, decorative furniture, and other traditional handicrafts.
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