UAE Home Furniture Market By Product Type (Bed, Sofa, Wardrobe, Dining Set, Chairs and Others (Cabinets, Standalone Tables, etc.), By Raw Material (Wooden, Metallic, Plastic and Others (Bamboo, Leather, etc.), By Room Type (Living Room, Bed Room, Dining Room & Others (Study Room, Kitchen, etc.), By Price Range (Mass, Premium/Luxury), By Distribution Channel (Furniture Outlets, Supermarkets/Hyperma
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIncreasing Number of Sales of Bedroom Furniture is Bolstering the Market Growth
The market for furniture that does more than just one thing is really taking off! With real estate prices dropping and houses shrinking, people need to make the most of their space. That's why everyone's looking for furniture that's compact and easy to move around. Companies are responding by launching multifunctional furniture with built-in storage. For example, beds with extra storage are becoming super popular in the UAE. People are also wanting convertible furniture that does more than just the basics. All this is helping the market grow!
Growing Consumer Expenditure on Furniture Products is Fuelling the Market Growth
With the rising number of consumers shifting their preference towards quality and stylish furniture products on account of the inflating disposable income levels and better lifestyle requirements, is significantly propelling the growth of the home furniture market. Along with this, the expanding domestic furniture sales and international furniture exports are among the significant growth-inducing factors. The growing average annual expenditure on furniture per consumer unit has increased which is reflecting the healthy growth of the market. This, in turn, is projected to drive the growth of the home furniture market across UAE in the forecast period.
Enhancing Global Living Standards is Expected to Boost the Market Growth
The escalating demand for home furniture, on account of the growing population and the elevating levels of urbanisation across UAE region is primarily accelerating the growth of the market. This is leading to the extensive investments in infrastructure renovation activities and the higher rate of adoption of aesthetic furniture solutions among consumers are fuelling the growth of the market. Furthermore, the inflating disposable income levels and enhanced living standards are also propelling the consumers to invest in household décor enhancement solutions. All these factors are expected to aid the market growth in the upcoming years.
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Market Segmentation
UAE home furniture market is segmented into product type, raw material, room type, price range, distribution channel, regional distribution, and competitive landscape.
Market Players
Pan Emirates Home Furnishings, AL HUZAIFA FURNITURE (L.L.C), Dar Al Décor Furniture L.L.C, Danube Home, Inter IKEA Group, Home Center, Royal Furniture, Marina Gulf Trading Co LLC, Alshaya Group (Pottery Barn), Homes r Us Trading L.L.C, are the significant market players operating in UAE home furniture market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Product Type · Raw Material · Room Type · Price Range · Distribution Channel |
| Regional scope | Dubai, Abu Dhabi, Sharjah, Rest of UAE |
| Key companies profiled | Pan Emirates Home Furnishings, AL HUZAIFA FURNITURE (L.L.C) , Dar Al Décor Furniture L.L.C, Danube Home, Inter IKEA Group, Home Center, Royal Furniture, Marina Gulf Trading Co LLC, Alshaya Group (Pottery Barn), Homes r Us Trading L.L.C |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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