UAE Home Furniture Market Growth, Demand, Size, Business Challenges and Future Share 2032


UAE Home Furniture Market Growth, Demand, Size, Business Challenges and Future Share 2032: SPER Market Research

 Category : Consumer & Retail

 Published: Jan-2023
 Author: SPER Analyst

UAE Home Furniture and Furnishing Market is projected to be worth USD 5.89 billion by 2032.

It is projected that the UAE furniture market will rise at a strong CAGR. The country is anticipated to see an increase in the expat community as a result of the rise in nuclear families and increasing demand for residential flats due to the stability of oil prices in the near future. The development of significant projects like Caesars Palace, Fairmont, and other initiatives may make it easier for the country's tourism industry to grow. The region's furniture industry is at a mature stage, notwithstanding recent negative effects from a real estate sector crisis and a decline in oil prices. Residents in the UAE region have been seen to spend more on home renovations, such as furniture, kitchens, bathrooms, and flooring, as well as making investments in higher-quality materials.

Consumer perceptions of the price of home solutions and improvement projects have changed as a result of Covid-19's global effects. Our homes need to be upgraded and enhanced because they are now the center of our life. With Covid-19, individuals also realized how crucial it was to use resources as efficiently as possible. In this report, The Strategy Boutique looks at the state of the furniture market in the UAE as well as some new trends. The online furniture sector is booming as more people use the internet to make expensive purchases like furniture.

The UAE Home Furniture and Furnishing Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Danube, Ebarza, Home Box, Home Centre, Homes R Us, IDdesign, IKEA, Marina Home, MarMarLand, Natuzzi, PAN Emirates, Pottery Barn, Royal Furniture, The Bowery Company, The People of Sand, Wysada.

SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment –By Market Structure(Organized Sector, Unorganized Sector), By Style of Furniture (Contemporary, Modern, Traditional), By Material (Metal Furniture, Wood Furniture, Plastic and Other Furniture), By Furniture Type {Bedroom Furniture (Bed, Chest of Drawers, Mattresses, Wardrobes), Dining Room Furniture, Home Office Furniture, Kitchen Furniture, Living Room Furniture (Coffee Tables, Sofa, Sofa cum Bed, Others), Storage Spaces, Other Furniture}, By Furnishing (Barbeques, Fittings, Home Textiles, Lighting Sources, Window Coverings), By End Users (Commercial Furniture, Residential Furniture, Retail Furniture), By Distribution Channel (Flagship Stores, Home Centers, Online Stores, Specialty Stores, Other Distribution Channels).

This report also provides the data for key regional segments of Abu Dhabi, Dubai, Sharjah. 

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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