Home Furniture Market – UAE
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 4.80% (2024-2032)
The UAE home furniture market is growing due to rising urbanization, high disposable incomes, and increasing demand for stylish, functional designs. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 4.80% from 2024 to 2032.
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UAE Home Furniture Market Trends and Drivers:
- Market Expansion: Driven by the booming real estate sector and rising demand for stylish, high-quality furnishings.
- Demand Drivers: Surge in residential developments due to a growing population and expatriate community.
- Consumer Trends: Increased need for contemporary and luxurious furniture, especially among those moving into new homes and renovating.
- Online Shopping: Popularity of online furniture shopping provides a wide range of options and home delivery convenience.
- Sustainability Focus: Growing emphasis on eco-friendly materials, such as certified wood and recycled materials, due to heightened environmental awareness.
- Customization: Rising interest in bespoke, custom-made furniture influenced by global design trends and diverse tastes.
- Future Growth: The focus on sustainability and e-commerce convenience is expected to drive continued market growth.
UAE Home Furniture Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest UAE home furniture market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Product Type Insights:
- Bed
- Sofa
- Wardrobe
- Dining Set
- Chairs
- Others
Raw Material Insights:
- Wooden
- Metal
- Plastic
- Others
Room Type Insights:
- Living Room
- Bedroom
- Dining Room
- Others
Price Range Insights:
- Luxury
- Mass
Distribution Channel Insights:
- Furniture Outlets
- Supermarkets/Hypermarkets
- Online
- Others
Regional Insights:
- Dubai
- Abu Dhabi
- Sharjah
- Others
Request for customization: https://www.imarcgroup.com/request?type=report&id=24526&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.
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