Home Furniture Market – UAE
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 2.1 Billion
Market Size in 2032: USD 3.1 Billion
Market Growth Rate (CAGR) 2024-2032: 4.10%
According to IMARC Group’s report titled “UAE Home Furniture Market Report and Forecast 2024-2032,” the market reached USD 2.1 billion in 2023. Looking forward, IMARC Group expects the market to reach USD 3.1 billion by 2032, exhibiting a growth rate (CAGR) of 4.10% during 2024-2032.
Download sample copy of the Report: https://www.imarcgroup.com/uae-home-furniture-market/requestsample
UAE Home Furniture Market Trends and Drivers:
-
Steady growth in the UAE home furniture market is driven by:
- Rising urbanization and population growth.
- Expansion of the real estate sector.
- New residential projects, especially in major cities like Dubai and Abu Dhabi, which boost demand for home furnishings.
- Higher disposable incomes and a growing expatriate population, fueling interest in modern, stylish, and functional furniture.
- Government-led affordable housing projects, creating more opportunities for furniture sales.
- Growth in e-commerce, which improves accessibility and allows consumers to explore a variety of furniture options online.
-
Key trends shaping the UAE home furniture market include:
- Shift toward sustainable and eco-friendly products, with demand for recycled materials and sustainably sourced wood.
- Increasing popularity of minimalist and multifunctional designs, essential in urban areas where space efficiency is crucial.
- Rise in customization, as consumers seek personalized pieces that reflect their tastes and lifestyles.
- Growing interest in smart furniture that incorporates technology for enhanced comfort and convenience.
-
With continued real estate development and evolving consumer preferences, the UAE home furniture market is poised for sustained growth in the coming years.
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.
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