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 urbanization, rising incomes, and demand for sustainable, customizable, and modern furniture solutions. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 4.20% from 2024 to 2032.
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UAE Furniture Market Trends and Drivers:
- Rapid urbanization, a thriving real estate sector, and a growing expatriate population are fueling market growth.
- Rising demand for modern, functional furniture due to new residential and commercial property developments.
- Increased homeownership and higher disposable incomes encourage investment in high-quality, aesthetically pleasing furniture.
- Major events like Expo 2020 Dubai have boosted demand in sectors such as hospitality, offices, and retail.
- Growing preference for sustainable and customizable furniture made from recyclable materials, driven by environmental awareness.
- Modular and space-saving furniture is gaining popularity, particularly in urban areas with limited space.
- Expansion of e-commerce has transformed furniture retail, offering a wider range of products and convenience for consumers.
- Retailers are focusing on digital platforms and virtual showrooms to enhance customer experience.
- Sustainability, customization, and digital innovation are expected to drive continued market growth.
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
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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.
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