UAE Home Furniture and Furnishing Market Size- By Market Structure, By Style of Furniture, By Material, By Furniture Type, By Furnishing, By End Users, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
UAE Home Furniture and Furnishing Market Overview
According to SPER Market Research, the UAE Home Furniture and Furnishing Market is estimated to reach USD 5.89 billion by 2032 with a CAGR of 4.39%. The UAE furniture market is anticipated to have good CAGR growth. Due to the stability of oil prices in the foreseeable future, the country is projected to experience an increase in the expat population due to the rise in nuclear families and increased demand for residential flats.
Impact of COVID-19 on the UAE Home Furniture and Furnishing MarketThe global effects of Covid-19 have changed how consumers see the cost of home solutions and improvement projects. Since our homes now serve as the focal point of our lives, they must be improved and enhanced. With Covid-19, people also understood the importance of maximizing resource utilization. The Strategy Boutique examines the current state and emerging trends of the UAE's furniture market in this research.
Scope of the Report:Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Market Structure, By Style of Furniture, By Material, By Furniture Type, By Furnishing, By End Users, By Distribution Channel
Regions covered Abu Dhabi, Dubai, Sharjah
Companies Covered Danube, Ebarza, Home Box, Home Centre, Homes R Us, IDdesign, IKEA, Marina Home, MarMarLand, Natuzzi, PAN Emirates, Pottery Barn,.
UAE Home Furniture and Furnishing Market Segmentation:By Distribution Channel: Based on the Distribution Channel, UAE Home Furniture and Furnishing Market is segmented as; Flagship Stores, Home Centers, Online Stores, Specialty Stores, Other Distribution Channels.
By Region: People in the United Arab Emirates are spending more money upgrading their homes (furniture, kitchens, bathrooms, and flooring) and buying better-quality goods. There are many expats in Abu Dhabi and Dubai, so the area is growing as a potential market for all types of furniture.