UAE Furniture Market Expected to Rise at a CAGR of 4.10% during 2024-2032

UAE Furniture Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 4.10% (2024-2032)

According to the latest report by IMARC Group, the UAE furniture market size is projected to grow at a CAGR of 4.10% from 2024 to 2032. The market is expanding due to urbanization, rising disposable incomes, and increasing demand for stylish, high-quality furnishings. 


UAE Furniture Market Trends and Drivers:

The expanding real estate sector as well as the growing need for stylish, high-quality furnishings are the factors responsible for the growth of the UAE furniture market. Additionally, there is a continuous demand for both standard and bespoke furniture solutions with ongoing urbanization and the development of new residential, commercial, and hospitality projects. The influx of expatriates and the rising middle class are also contributing to this need, as more people seek to furnish their homes with contemporary designs that reflect global trends. Furthermore, the rise of e-commerce platforms has made it easier for consumers to explore and purchase a wide range of furniture, driving sales. The market is also seeing a trend towards multifunctional and space-saving furniture, particularly in urban areas where maximizing living space is crucial. 

Another significant trend in the UAE furniture market is the increasing focus on sustainability and eco-friendly materials. In addition to this, as awareness about environmental impact grows, consumers are showing a preference for furniture made from sustainable sources, such as reclaimed wood, bamboo, and other recycled materials. This shift is encouraging manufacturers and retailers to adopt greener practices and offer products that cater to this demand. Furthermore, the influence of smart home technology is becoming more evident, with an increasing number of furniture pieces designed to integrate seamlessly with smart home systems. This includes everything from automated lighting within furniture to smart storage solutions, which is expected to drive the UAE furniture market over the forecasted period.

Request for a sample copy of this report: https://www.imarcgroup.com/uae-furniture-market/requestsample

UAE Furniture Industry Segmentation:

The report has segmented the market into the following categories:

Product Insights:

  • Living Room Furniture
  • Dining Room Furniture
  • Bedroom Furniture
  • Kitchen Furniture
  • Office Furniture
  • Educational Furniture
  • Others

Material Insights:

  • Metal
  • Wood
  • Plastic
  • Glass
  • Others

End Use Insights:

  • Residential
  • Commercial
  • Hospitality
  • Healthcare
  • Others

Regional Insights: 

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Others

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=24530&flag=C

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145

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