UAE Furniture Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 5.60 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
UAE Furniture Market Analysis
The furniture business in the UAE is one of the major businesses uplifted by the real estate sector. Increased construction activity, both, in residential as well as commercial real estate space, rising urbanization, and growth of disposable income are some of the major factors attributing to the growth of the furniture market in the region.
Furthermore, in the United Arab Emirates, people increased their spending on home renovation, such as living room and kitchens, and they are investing in higher-quality products, which is further increasing the demand for furniture products in the region. The country also has a large expatriate population, belonging to varied regions and countries, who are having diverse interests in furniture designs. Furthermore, these factors are further fueling the demand for furniture in the country.
The country meets a major portion of its furniture demand, especially wooden furniture, from imports, mainly from countries, such as China, Italy, Germany, Poland, Turkey Malaysia, and Vietnam. The United Arab Emirates is also emerging as a re-export hub among the GCC countries. The country reexports imported furniture products to other Gulf countries and countries, like Kenya and Lebanon.
UAE Furniture Market Trends
This section covers the major market trends shaping the UAE Furniture Market according to our research experts:
Growth of Furniture Products through Online Channels
Currently, the United Arab Emirates is witnessing an increase in internet penetration and social media penetration, which is increasing opportunities for online sales of furniture products, in the country. E-commerce is slowly gaining momentum in the country and furniture and homeware account for nearly 35% of the total online sales in the region.
The online purchases of furniture products is being supported through secondary methods, such as social media platforms. Social media is acting as another influential channel, which is propelling consumers to buy furniture products, as it engages them through promotions.
Home Furniture accounts for the Largest Share
Residential construction is the largest segment of the UAE construction market. Due to the increasing population, the demand for residential units increased across the region. The residential real estate is witnessing a rise in the region and key cities, like Dubai, witnessed the construction of nearly 31,000 residential units in 2019. The city expects to see the construction of nearly 163,000 new houses by 2021, which will further drive the growth of the furniture market.
Due to this increase in new housing construction, the demand for home furniture products, such as living room furniture, kitchen furniture, and bedroom furniture, is also increasing rapidly in the country.
UAE Furniture Industry Overview
The UAE furniture market is highly competitive and fragmented due to the presence of a large number of local and international players with differentiated product offerings. Some of the major furniture companies in the region include IKEA, Home Centre, Danube, Marina Home, and Homes R Us. The rising trend of online and mobile shopping is also bolstering the demand for furniture through online channels and some of the major online players in the region include PAN Emirates, PotteryBarn, and HomeBox stores.
UAE Furniture Market Leaders
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IKEA
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Danube
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Royal Furniture
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Marina Home
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Homes R Us
*Disclaimer: Major Players sorted in no particular order
UAE Furniture Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS & INSIGHTS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Opportunities
- 4.5 Industry Value Chain Analysis
- 4.6 Porter's Five Forces Analysis
- 4.7 Insights into Government and Trade Regulations on Furniture Products
- 4.8 Insights into Technological Innovations in the Furniture Industry
- 4.9 Insights into Consumer Preferences for Furniture Products in the Country
- 4.10 Insights into Key Online Players in the Market
- 4.11 Impact of COVID-19 on the market
5. MARKET SEGMENTATION
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5.1 By Material
- 5.1.1 Wood
- 5.1.2 Metal
- 5.1.3 Plastic and Other Furniture
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5.2 By Application
- 5.2.1 Home Furniture
- 5.2.2 Office Furniture
- 5.2.3 Other Furniture
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5.3 By Distribution Channel
- 5.3.1 Supermarkets and Hypermarkets
- 5.3.2 Specialty Stores
- 5.3.3 Online
- 5.3.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
- 6.1 MARKET CONCENTRATION OVERVIEW
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6.2 COMPANY PROFILES
- 6.2.1 IKEA
- 6.2.2 Danube
- 6.2.3 Royal Furniture
- 6.2.4 Marina Home
- 6.2.5 Homes R US
- 6.2.6 BAFCO
- 6.2.7 HighMoon Furniture
- 6.2.8 Universal Office Furniture LLC
- 6.2.9 Lucky Furniture
- 6.2.10 The One
- 6.2.11 United Furniture
- 6.2.12 Al Huzaifa Furniture
- 6.2.13 Blue Crown Furniture
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
9. DISCLAIMER
** Subject To AvailablityUAE Furniture Industry Segmentation
A complete background analysis of the UAE furniture industry, which includes a qualitative and quantitative assessment of the market, emerging market trends by segments, significant changes in the market dynamics, and the market overview, is covered in the report. The report also covers the competitive landscape of the industry, which provides details about the key players present in the market.
| By Material | Wood |
| Metal | |
| Plastic and Other Furniture | |
| By Application | Home Furniture |
| Office Furniture | |
| Other Furniture | |
| By Distribution Channel | Supermarkets and Hypermarkets |
| Specialty Stores | |
| Online | |
| Other Distribution Channels |
UAE Furniture Market Research FAQs
What is the current United Arab Emirates Furniture Market size?
The United Arab Emirates Furniture Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)
Who are the key players in United Arab Emirates Furniture Market?
IKEA, Danube, Royal Furniture, Marina Home and Homes R Us are the major companies operating in the United Arab Emirates Furniture Market.
What years does this United Arab Emirates Furniture Market cover?
The report covers the United Arab Emirates Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Arab Emirates Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UAE Furniture Industry Report
Statistics for the 2024 UAE Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAE Furniture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
