Luxury Furniture Market in Middle East 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	142 Pages	TechNavio	December, 2023	INF18379497

Best Price Guarantee
Price	from $2,500
Length	142 Pages
Publisher	TechNavio
Published Date	December, 2023
SKU	INF18379497

Luxury Furniture Market In Middle East 2024-2028

The luxury furniture market in Middle East is forecasted to grow by USD 413.02 mn during 2023-2028, accelerating at a CAGR of 4.48% during the forecast period. The report on the luxury furniture market in Middle East provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of office spaces, growth in residential construction, and significant rise in affluent population.

Technavio's luxury furniture market in Middle East is segmented as below:

By Application

Residential
Commercial

By Distribution Channel

Offline
Online

This study identifies the increasing acceptance and demand for eco-friendly products as one of the prime reasons driving the luxury furniture market in Middle East growth during the next few years. Also, technological advancements in luxury furniture retailing industry and increasing demand due to expansion in e-commerce industry will lead to sizable demand in the market.

The report on the luxury furniture market in Middle East covers the following areas:

Luxury furniture market in Middle East sizing
Luxury furniture market in Middle East forecast
Luxury furniture market in Middle East industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury furniture market in Middle East vendors that include Anna Casa Ltd., Auraliving, B and B Italia SPA, Boca Do Lobo, Defure Furniture Trading LLC, DelightFULL, Giorgio Armani S.p.A., Haworth Inc., Inter IKEA Holding BV, Lazzoni Furniture, Luma Inc., LVMH Moet Hennessy Louis Vuitton SE, MillerKnoll Inc., Minotti S.p.A., Natuzzi SpA, Next Space LLC, Pan Emirates Home Furnishings, Poltrona Frau SPA, Scavolini S.p.a., and Workspace. Also, the luxury furniture market in Middle East analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Country Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Application
  - Table Executive Summary – Chart on Market Segmentation by Distribution Channel
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Middle East - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Regional - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Historic Market Size
- Luxury furniture market in Middle East 2018 - 2022
  - Table Historic Market Size – Data table on luxury furniture market in Middle East 2018 - 2022 ($ million)
- Application Segment Analysis 2018 - 2022
  - Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
- Distribution Channel Segment Analysis 2018 - 2022
  - Table Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Application
- Market segments
  - Table Chart on Application - Market share 2023-2028 (%)
  - Table Data Table on Application - Market share 2023-2028 (%)
- Comparison by Application
  - Table Chart on Comparison by Application
  - Table Data Table on Comparison by Application
- Residential - Market size and forecast 2023-2028
  - Table Chart on Residential - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Residential - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Residential - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Residential - Year-over-year growth 2023-2028 (%)
- Commercial - Market size and forecast 2023-2028
  - Table Chart on Commercial - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Commercial - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Commercial - Year-over-year growth 2023-2028 (%)
- Market opportunity by Application
  - Table Market opportunity by Application ($ million)
  - Table Data Table on Market opportunity by Application ($ million)
Market Segmentation by Distribution Channel
- Market segments
  - Table Chart on Distribution Channel - Market share 2023-2028 (%)
  - Table Data Table on Distribution Channel - Market share 2023-2028 (%)
- Comparison by Distribution Channel
  - Table Chart on Comparison by Distribution Channel
  - Table Data Table on Comparison by Distribution Channel
- Offline - Market size and forecast 2023-2028
  - Table Chart on Offline - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Offline - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Offline - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Offline - Year-over-year growth 2023-2028 (%)
- Online - Market size and forecast 2023-2028
  - Table Chart on Online - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Online - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Online - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Online - Year-over-year growth 2023-2028 (%)
- Market opportunity by Distribution Channel
  - Table Market opportunity by Distribution Channel ($ million)
  - Table Data Table on Market opportunity by Distribution Channel ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography - 2023-2028 (%)
  - Table Data Table on Market share by geography - 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- Saudi Arabia - Market size and forecast 2023-2028
  - Table Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- United Arab Emirates - Market size and forecast 2023- 2028
  - Table Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
  - Table Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
  - Table Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
- Kuwait - Market size and forecast 2023-2028
  - Table Chart on Kuwait - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Kuwait - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Kuwait - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Kuwait - Year-over-year growth 2023-2028 (%)
- Oman - Market size and forecast 2023-2028
  - Table Chart on Oman - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Oman - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Oman - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Oman - Year-over-year growth 2023-2028 (%)
- Rest of Middle East - Market size and forecast 2023- 2028
  - Table Chart on Rest of Middle East - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Rest of Middle East - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Rest of Middle East - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Rest of Middle East - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Table on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Increase in number of office spaces
  - Growth in residential construction
  - Significant rise in affluent population
- Market challenges
  - Growing prominence of furniture rentals
  - Increasing prices of raw materials used in luxury furniture
  - Sustainability and environmental concerns
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Increasing acceptance and demand for eco-friendly products
  - Technological advancements in luxury furniture retailing industry
  - Increasing demand due to expansion in e-commerce industry
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Anna Casa Ltd.
  - Table Anna Casa Ltd. - Overview
  - Table Anna Casa Ltd. - Product / Service
  - Table Anna Casa Ltd. - Key offerings
- B and B Italia SPA
  - Table B and B Italia SPA - Overview
  - Table B and B Italia SPA - Product / Service
  - Table B and B Italia SPA - Key offerings
- Boca Do Lobo
  - Table Boca Do Lobo - Overview
  - Table Boca Do Lobo - Product / Service
  - Table Boca Do Lobo - Key offerings
- Giorgio Armani S.p.A.
  - Table Giorgio Armani S.p.A. - Overview
  - Table Giorgio Armani S.p.A. - Product / Service
  - Table Giorgio Armani S.p.A. - Key offerings
- Haworth Inc.
  - Table Haworth Inc. - Overview
  - Table Haworth Inc. - Product / Service
  - Table Haworth Inc. - Key offerings
- Inter IKEA Holding BV
  - Table Inter IKEA Holding BV - Overview
  - Table Inter IKEA Holding BV - Product / Service
  - Table Inter IKEA Holding BV - Key news
  - Table Inter IKEA Holding BV - Key offerings
- Lazzoni Furniture
  - Table Lazzoni Furniture - Overview
  - Table Lazzoni Furniture - Product / Service
  - Table Lazzoni Furniture - Key offerings
- Luma Inc.
  - Table Luma Inc. - Overview
  - Table Luma Inc. - Product / Service
  - Table Luma Inc. - Key offerings
- MillerKnoll Inc.
  - Table MillerKnoll Inc. - Overview
  - Table MillerKnoll Inc. - Business segments
  - Table MillerKnoll Inc. - Key offerings
  - Table MillerKnoll Inc. - Segment focus
- Minotti S.p.A.
  - Table Minotti S.p.A. - Overview
  - Table Minotti S.p.A. - Product / Service
  - Table Minotti S.p.A. - Key offerings
- Natuzzi SpA
  - Table Natuzzi SpA - Overview
  - Table Natuzzi SpA - Product / Service
  - Table Natuzzi SpA - Key offerings
- Pan Emirates Home Furnishings
  - Table Pan Emirates Home Furnishings - Overview
  - Table Pan Emirates Home Furnishings - Product / Service
  - Table Pan Emirates Home Furnishings - Key offerings
- Poltrona Frau SPA
  - Table Poltrona Frau SPA - Overview
  - Table Poltrona Frau SPA - Product / Service
  - Table Poltrona Frau SPA - Key offerings
- Scavolini S.p.a.
  - Table Scavolini S.p.a. - Overview
  - Table Scavolini S.p.a. - Product / Service
  - Table Scavolini S.p.a. - Key offerings
- Workspace
  - Table Workspace - Overview
  - Table Workspace - Product / Service
  - Table Workspace - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations