UAE Kitchen Furniture - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029

UAE Kitchen Furniture - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029

The United Arab Emirates Kitchen Furniture market has generated a revenue of USD 450 million in the current year and is poised to achieve a CAGR of 5% for the forecast period

In the post-COVID world, the decrease in the number of cases of COVID-19 in the UAE encouraged the governments to lift the restrictions and allow the resumption of business activities. Also, the extended stay of people at home prompted them to think about home renovation projects, which drove the demand for new furniture. There is an increase in revenue in the kitchen furniture market post covid.

Kitchen furniture is one of the primary sectors boosted by the real estate market in the United Arab Emirates. Increased construction activity in both residential and commercial real estate, space limitation difficulties in homes, rising levels of a sedentary lifestyle, rising urbanization, and rising disposable income are some of the primary factors contributing to the growth of the market in the country.

Furthermore, residents in the United Arab Emirates are spending more on home renovations, such as living rooms and kitchens, and are investing in higher-quality products, which is driving up demand for kitchen furniture in the country. The country also boasts a substantial expatriate population from many areas and nations with a variety of furniture design interests. In Abu Dhabi and Dubai, there are many ex-pats (more than 170 nationalities), therefore, the region is developing as a potential market for all types of furniture.

The country meets a major portion of its kitchen furniture demand, from imports, mainly from countries, such as China, Italy, Germany, Poland, Turkey Malaysia, and Vietnam. The country is also into reexports of kitchen furnishings. Some of the major re-export destinations are Iraq, Saudi Arabia, Iran, Oman, and Kuwait.

In 2022, kitchen design in Dubai has changed enough that designers and renovators are now paying just as much attention to efficiency and space optimization as they are to the aesthetic appeal inherent in color and texture choices. Kitchens from the past were neither energy-efficient nor cuisine-friendly. Customers' perceptions of the kitchen may change due to the flashy new concepts. Wood cabinets are a wonderful way to show off an appreciation for tradition and style. It elevates the kitchen to a rare and expensive category. Whitewashing these cabinets for a lighter tone to make them look classier. Doing the cabinets with lighter woods and fresher woods is trending.

UAE Kitchen Furniture Market Trends

Increasing Development in the Construction Sector is Boosting the Kitchen Furniture Market

With the increasing population and growing property rates in the UAE, residential houses are becoming smaller and more compact. Despite the challenges faced by the COVID-19 outbreak, the UAE has continued supporting housing projects for citizens. With the development in the UAE's construction sector, more houses are being built, increasing the demand for modular kitchens. Many newly constructed properties also provide modular kitchens as a part of their offerings. With the decrease in the fiscal deficit, the rise in non-oil production, and the recovery of crude oil prices the construction market will likely develop a lot in UAE.

New Kitchen Design Trends are Driving the Market

The United Arab Emirates, being the Middle East's second-largest economy, has an open economic framework that attracts individuals from all over the world, mainly from countries such as the Philippines, Iran, Germany, and Egypt. Furthermore, it has been found that expatriates in the country are becoming increasingly interested in luxury kitchen furniture, such as Italian and German designs. Various kinds of kitchen designs are available in classy, modern, and contemporary design with limitless design and varieties. While purchasing luxurious villas, the high-end customers may want the kitchen to complement the home and suit their lifestyle. This has resulted in new kitchen renovation ideas and top recommendations in Dubai, which are increasingly combining utility and ambience in equal measure in the kitchen design mix.

UAE Kitchen Furniture Industry Overview

The market is fragmented with a lot of small players exiting and entering the kitchen furniture market. UAE has an open economy which is making it easier for other players to enter the market. Some of the key players in the United Arab Emirates Kitchen Furniture market are Space 3 LLC, Pottery Barn, SieMatic, Kitchen King UAE, Al Marri Metal Kitchen Factory LLC, Ikea, Scavolini, Shafic Dagher Ind and Tr. Co. LLC, Snaidero, Kitchen King UAE, and Other prominent players.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support