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 fur...