UAE Home Furniture Market Demands, Growth Analysis, Industry Report 2024-2032

UAE Home Furniture Market G

Home Furniture Market – UAE 

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Size in 2023USD 2.1 Billion

Market Size in 2032USD 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

Leave a Reply