Market Size of United Arab Emirates Furniture Industry
| 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 |
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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 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 |
United Arab Emirates Furniture Market Size Summary
The UAE furniture market is significantly influenced by the thriving real estate sector, with increased construction activities in both residential and commercial spaces driving demand. Factors such as rising urbanization and growing disposable incomes are contributing to the market's expansion. The trend of home renovation, particularly in living rooms and kitchens, is prompting consumers to invest in higher-quality furniture products. The diverse expatriate population in the UAE, with varied interests in furniture designs, further fuels the demand. The market relies heavily on imports, especially for wooden furniture, with key suppliers including China, Italy, Germany, and Turkey. Additionally, the UAE is emerging as a re-export hub, distributing imported furniture to other Gulf countries and beyond.
The rise in internet and social media penetration is creating new opportunities for online furniture sales, with e-commerce gaining traction in the region. Social media platforms are playing a crucial role in engaging consumers and driving furniture purchases through promotions. The residential construction segment is the largest in the UAE, with cities like Dubai experiencing significant growth in residential units, thereby increasing the demand for home furniture. The market is highly competitive and fragmented, with numerous local and international players offering diverse products. Major companies such as IKEA, Home Centre, and Danube are prominent in the region, while online platforms like PAN Emirates and PotteryBarn are capitalizing on the growing trend of online shopping.
United Arab Emirates Furniture Market Size - Table of Contents
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1. MARKET DYNAMICS & INSIGHTS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Opportunities
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1.5 Industry Value Chain Analysis
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1.6 Porter's Five Forces Analysis
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1.7 Insights into Government and Trade Regulations on Furniture Products
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1.8 Insights into Technological Innovations in the Furniture Industry
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1.9 Insights into Consumer Preferences for Furniture Products in the Country
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1.10 Insights into Key Online Players in the Market
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1.11 Impact of COVID-19 on the market
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2. MARKET SEGMENTATION
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2.1 By Material
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2.1.1 Wood
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2.1.2 Metal
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2.1.3 Plastic and Other Furniture
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2.2 By Application
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2.2.1 Home Furniture
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2.2.2 Office Furniture
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2.2.3 Other Furniture
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2.3 By Distribution Channel
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2.3.1 Supermarkets and Hypermarkets
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2.3.2 Specialty Stores
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2.3.3 Online
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2.3.4 Other Distribution Channels
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United Arab Emirates Furniture Market Size 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.
