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. The expansion of the nation's tourist business may be facilitated by the construction of important projects like Caesars Palace, Fairmont, and other projects. Although it was recently negatively impacted by a real estate sector crisis and a drop in oil prices, the region's furniture business is at a mature level. It has been observed that residents in the UAE region are spending more on house renovations, including furniture, kitchens, bathrooms, and flooring, as well as investing in higher-quality goods. There are expats from different countries living in the Abu Dhabi and Dubai regions, creating a potential market for all types of furnishings. MDF and solid wood are the two main raw materials used in the creation of furniture products.
It was noted that over time, there has been an increase in demand for high-end luxury furniture goods. The people of the area loved furniture made with heavy fabrics and leathers.
Impact of COVID-19 on the UAE Home Furniture and Furnishing Market
The 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.With more consumers turning to the internet for expensive purchases like furniture, the online furniture market is flourishing. The research reveals that industries with strong omni-channel presence, customer experience, product innovation, specialized supply chains, and technological expertise are best positioned to scale. Customers are paying more attention to the beauty of their home furnishings. Work-from-home policies, video conferences, and quarantines have all raised people's awareness of fashion trends in relation to home furnishings. The number and variety of home textile solutions have rapidly expanded to satisfy these needs. Today's market contains everything from luxury brands to affordable fast fashion.
Scope of the Report:
| Report Metric | Details |
| 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, Royal Furniture, The Bowery Company, The People of Sand, Wysada |
Target Audience-
- Contract Furniture Manufacturers
- Furnishings Retailers
- Furniture Association
- Furniture Retailers
- Private Equity Companies
UAE Home Furniture and Furnishing Market Segmentation:
1. By Market Structure:
- Organized Sector
- Unorganized Sector
2. By Style of Furniture:
- Contemporary
- Modern
- Traditional
3. By Material:
- Metal Furniture
- Wood Furniture
- Plastic and Other Furniture
4. By Furniture Type:
- Bedroom Furniture
- Dining Room Furniture
- Home Office Furniture
- Kitchen Furniture
- Living Room Furniture
- Coffee Tables
- Sofa cum Bed
- Storage Spaces
- Other Furniture
5. By Furnishing:
- Barbeques
- Fittings
- Home Textiles
- Lighting Sources
- Window Coverings
6. By End Users:
- Commercial Furniture
- Residential Furniture
- Retail Furniture
7. By Distribution Channel:
- Flagship Stores
- Home Centers
- Online Stores
- Specialty Stores
- Other Distribution Channels
8. By Region:
Key Topics Covered in the Report:
- Size of UAE Home Furniture and Furnishing Market (FY’2019-FY’2032)
- Overview of UAE Home Furniture and Furnishing Market
- Segmentation of UAE Home Furniture and FurnishingBy Market Structure(Organized Sector, Unorganized Sector)
- Segmentation of UAE Home Furniture and Furnishing Market By Style of Furniture(Contemporary, Modern, Traditional)
- Segmentation of UAE Home Furniture and Furnishing Market By Material (Metal Furniture, Wood Furniture, Plastic and Other Furniture)
- Segmentation of UAE Home Furniture and Furnishing Market By Furniture Type(Bedroom Furniture, Dining Room Furniture, Home Office Furniture, Kitchen Furniture, Living Room Furniture, Storage Spaces, Other Furniture)
- Segmentation of UAE Home Furniture and Furnishing Market By Furnishing(Barbeques, Fittings, Home Textiles, Lighting Sources, Window Coverings)
- Segmentation of UAE Home Furniture and Furnishing Market By End Users(Commercial Furniture, Residential Furniture, Retail Furniture)
- Segmentation of UAE Home Furniture and Furnishing Market By Distribution Channel(Flagship Stores, Home Centers, Online Stores, Specialty Stores, Other Distribution Channels)
- Statistical Snap of UAE Home Furniture and Furnishing Market
- Growth Analysis of UAE Home Furniture and Furnishing Market
- Problems and Challenges in UAE Home Furniture and Furnishing Market
- Competitive Landscape in the UAE Home Furniture and Furnishing Market
- Impact of COVID-19 and Demonetization on UAE Home Furniture and Furnishing Market
- Details on Recent Investment in UAE Home Furniture and Furnishing Market
- Competitive Analysis of UAE Home Furniture and Furnishing Market
- Major Players in the UAE Home Furniture and Furnishing Market
- SWOT Analysis of UAE Home Furniture and Furnishing Market
- UAE Home Furniture and Furnishing Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of theUAE Home Furniture and Furnishing Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 UAE Home Furniture and Furnishing Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in UAE Home Furniture and Furnishing Market
7. UAE Home Furniture and Furnishing Market, By Market Structure,2019-2032 (USD Million)
7.1 Organized Sector
7.2 Unorganized Sector
8. UAE Home Furniture and Furnishing Market, By Style of Furniture, 2019-2032 (USD Million)
8.1 Contemporary
8.2 Modern
8.3 Traditional
9. UAE Home Furniture and Furnishing Market, By Material, 2019-2032 (USD Million)
9.1 Metal Furniture
9.2 Wood Furniture
9.3 Plastic and Other Furniture
10. UAE Home Furniture and Furnishing Market, By Furniture Type, 2019-2032 (USD Million)
10.1 Bedroom Furniture
10.1.1 Bed
10.1.2 Chest of Drawers
10.1.3 Mattresses
10.1.4 Wardrobes
10.2 Dining Room Furniture
10.3 Home Office Furniture
10.4 Kitchen Furniture
10.5 Living Room Furniture
10.5.1 Coffee Tables
10.5.2 Sofa
10.5.3 Sofa cum Bed
10.5.4 Others
10.6 Storage Spaces
10.7 Other Furniture
11. UAE Home Furniture and Furnishing Market, By Furnishing, 2019-2032 (USD Million)
11.1 Barbeques
11.2 Fittings
11.3 Home Textiles
11.4 Lighting Sources
11.5 Window Coverings
12. UAE Home Furniture and Furnishing Market, By End User, 2019-2032 (USD Million)
12.1 Commercial Furniture
12.2 Residential Furniture
12.3 Retail Furniture
13. UAE Home Furniture and Furnishing Market, By Distribution Channel, 2019-2032 (USD Million)
13.1 Flagship Stores
13.2 Home Centers
13.3 Online Stores
13.4 Specialty Stores
13.5 Other Distribution Channels
14. UAE Home Furniture and Furnishing Market, By Region, 2019-2032 (USD Million)
14.1 UAE Home Furniture and Furnishing Size and Market Share by Region (2019-2025)
14.2 UAE Home Furniture and Furnishing Size and Market Share by Region (2026-2032)
14.3 Abu Dhabi
14.4 Dubai
14.5 Sharjah
15. Company Profiles
15.1 Danube
15.1.1 Company details
15.1.2 Financial outlook
15.1.3 Product summary
15.1.4 Recent developments
15.2 Ebarza
15.2.1 Company details
15.2.2 Financial outlook
15.2.3 Product summary
15.2.4 Recent developments
15.3 Home Box
15.3.1 Company details
15.3.2 Financial outlook
15.3.3 Product summary
15.3.4 Recent developments
15.4 Home Centre
15.4.1 Company details
15.4.2 Financial outlook
15.4.3 Product summary
15.4.4 Recent developments
15.5 Homes R Us
15.5.1 Company details
15.5.2 Financial outlook
15.5.3 Product summary
15.5.4 Recent developments
15.6 IDdesign
15.6.1 Company details
15.6.2 Financial outlook
15.6.3 Product summary
15.6.4 Recent developments
15.7 IKEA
15.7.1 Company details
15.7.2 Financial outlook
15.7.3 Product summary
15.7.4 Recent developments
15.8 Marina Home
15.8.1 Company details
15.8.2 Financial outlook
15.8.3 Product summary
15.8.4 Recent developments
15.9 MarMarLand
15.9.1 Company details
15.9.2 Financial outlook
15.9.3 Product summary
15.9.4 Recent development
15.10 Natuzzi
15.10.1 Company details
15.10.2 Financial outlook
15.10.3 Product summary
15.10.4 Recent developments
15.11 PAN Emirates
15.11.1 Company details
15.11.2 Financial outlook
15.11.3 Product summary
15.11.4 Recent developments
15.12 Pottery Barn
15.12.1 Company details
15.12.2 Financial outlook
15.12.3 Product summary
15.12.4 Recent developments
15.13 Royal Furniture
15.13.1 Company details
15.13.2 Financial outlook
15.13.3 Product summary
15.13.4 Recent developments
15.14 The Bowery Company
15.14.1 Company details
15.14.2 Financial outlook
15.14.3 Product summary
15.14.4 Recent developments
15.15 The People of Sand
15.15.1 Company details
15.15.2 Financial outlook
15.15.3 Product summary
15.15.4 Recent developments
15.16 Wysada
15.16.1 Company details
15.16.2 Financial outlook
15.16.3 Product summary
15.16.4 Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
