UAE Furniture Market
Furniture Market – UAE
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 4.20% (2024-2032)
The UAE furniture market is expanding due to booming real estate, rising demand for luxury furnishings, and increasing online retail options. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 4.20% from 2024 to 2032.
Download sample copy of the Report: https://www.imarcgroup.com/uae-furniture-market/requestsample
UAE Furniture Market Trends and Drivers:
- The UAE furniture market is growing due to rapid urbanization, a booming real estate sector, and a rising expatriate population.
- Demand for modern and functional furniture is increasing with the development of new residential and commercial properties.
- Higher homeownership rates and growing disposable incomes encourage investment in high-quality, aesthetically pleasing furniture.
- Major events like Expo 2020 Dubai have boosted demand in hospitality, office, and retail sectors, contributing to market expansion.
- Key trends include:
- A preference for sustainable and customizable furniture options.
- Increased consumer demand for eco-friendly products made from recyclable materials due to greater environmental awareness.
- Growing popularity of modular and space-saving furniture suitable for smaller urban living spaces.
- E-commerce growth has transformed furniture retail, offering a wider selection and online shopping convenience.
- Retailers are enhancing customer experiences through digital platforms and virtual showrooms.
- Overall, the focus on sustainability, customization, and digital innovation is expected to drive continued growth in the UAE furniture market.
UAE Furniture Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest UAE furniture market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Product Insights:
- Living Room Furniture
- Dining Room Furniture
- Bedroom Furniture
- Kitchen Furniture
- Office Furniture
- Educational Furniture
- Others
Material Insights:
- Metal
- Wood
- Plastic
- Glass
- Others
End Use Insights:
- Residential
- Commercial
- Hospitality
- Healthcare
- Others
Regional Insights:
- Dubai
- Abu Dhabi
- Sharjah
- Others
Request for customization: https://www.imarcgroup.com/request?type=report&id=24530&flag=C
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
