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Luxury Furniture Market in Middle East 2020-2024

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    Report

  • 120 Pages
  • June 2020
  • Region: Middle East
  • TechNavio
  • ID: 5117596
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Global Luxury furniture market in Middle East 2020-2024

The author has been monitoring the luxury furniture market in the Middle East and it is poised to grow by $ 271.87 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period. The reports on the luxury furniture market in Middle East provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current Middle East market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in the number of office spaces and growing residential construction.

The luxury furniture market in Middle East analysis includes application segment and geographical landscapes

The luxury furniture market in the Middle East is segmented as below:

By Application


  • residential
  • commercial

By Geography landscapes


  • UAE
  • Saudi Arabia
  • Qatar
  • Egypt (Arab Republic of Egypt)
  • Rest of Middle East

This study identifies an increase in strategic partnerships as one of the prime reasons driving the luxury furniture market in Middle East growth during the next few years.

The author presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The luxury furniture market in Middle-East covers the following areas:


  • Luxury furniture market in Middle East sizing
  • Luxury furniture market in Middle East forecast
  • Luxury furniture market in Middle East industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury furniture market in Middle East vendors that include B and B Italia SPA, Danube Group, Haworth Inc., Herman Miller Inc., Inter IKEA Holding BV, Minotti S.p.A., Natuzzi S.p.A., PAN Emirates, Poltrona Frau SPA, and Royal Furniture. Also, the luxury furniture market in the Middle East analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The author presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


Table of Contents

Executive Summary
  • Market Overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis
  • Five Force Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application
  • Market segments
  • Comparison by Application
  • Residential - Market size and forecast 2019-2024
  • Commercial - Market size and forecast 2019-2024
  • Market opportunity by application

Customer landscape
Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • UAE - Market size and forecast 2019-2024
  • Saudi Arabia - Market size and forecast 2019-2024
  • Qatar - Market size and forecast 2019-2024
  • Egypt (Arab Republic of Egypt) - Market size and forecast 2019-2024
  • Oman - Market size and forecast 2019-2024
  • Bahrain - Market size and forecast 2019-2024
  • Rest of Middle East - Market size and forecast 2019-2024
  • Market opportunity by geography
  • Market drivers - Demand led growth
  • Market challenges

Vendor Landscape
  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • B and B Italia SPA
  • Danube Group
  • Haworth Inc.
  • Herman Miller Inc.
  • Inter IKEA Holding BV
  • Minotti S.p.A.
  • Natuzzi S.p.A.
  • PAN Emirates
  • Poltrona Frau SPA
  • Royal Furniture

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Exhibit
  • Key Finding 1
  • Key Finding 2
  • Key Finding 3
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2019 - 2024 ($ million)
  • Global market: Year-over-year growth 2019 - 2024 (%)
  • Five forces analysis 2019 & 2024
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2019
  • Application - Market share 2019-2024 (%)
  • Comparison by Application
  • Residential - Market size and forecast 2019-2024 ($ million)
  • Residential - Year-over-year growth 2019-2024 (%)
  • Commercial - Market size and forecast 2019-2024 ($ million)
  • Commercial - Year-over-year growth 2019-2024 (%)
  • Market opportunity by Application
  • Customer landscape
  • Market share by geography 2019-2024 (%)
  • Geographic comparison
  • UAE - Market size and forecast 2019-2024 ($ million)
  • UAE - Year-over-year growth 2019-2024 (%)
  • Saudi Arabia - Market size and forecast 2019-2024 ($ million)
  • Saudi Arabia - Year-over-year growth 2019-2024 (%)
  • Qatar - Market size and forecast 2019-2024 ($ million)
  • Qatar - Year-over-year growth 2019-2024 (%)
  • Egypt (Arab Republic of Egypt) - Market size and forecast 2019-2024 ($ million)
  • Egypt (Arab Republic of Egypt) - Year-over-year growth 2019-2024 (%)
  • Rest of Middle East - Market size and forecast 2019-2024 ($ million)
  • Rest of Middle East - Year-over-year growth 2019-2024 (%)
  • Key leading countries
  • Market opportunity by geography ($ million)
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • B and B Italia SPA - Overview
  • B and B Italia SPA - Product and service
  • B and B Italia SPA - Key offerings
  • B and B Italia SPA - Key customers
  • B and B Italia SPA - Segment focus
  • Danube Group - Overview
  • Danube Group - Product and service
  • Danube Group - Key offerings
  • Danube Group - Key customers
  • Danube Group - Segment focus
  • Haworth Inc. - Overview
  • Haworth Inc. - Product and service
  • Haworth Inc. - Key offerings
  • Haworth Inc. - Key customers
  • Haworth Inc. - Segment focus
  • Herman Miller Inc. - Overview
  • Herman Miller Inc. - Business segments
  • Herman Miller Inc. - Key offerings
  • Herman Miller Inc. - Key customers
  • Herman Miller Inc. - Segment focus
  • Inter IKEA Holding BV - Overview
  • Inter IKEA Holding BV - Business segments
  • Inter IKEA Holding BV - Key offerings
  • Inter IKEA Holding BV - Key customers
  • Inter IKEA Holding BV - Segment focus
  • Minotti S.p.A. - Overview
  • Minotti S.p.A. - Product and service
  • Minotti S.p.A. - Key offerings
  • Minotti S.p.A. - Key customers
  • Minotti S.p.A. - Segment focus
  • Natuzzi S.p.A. - Overview
  • Natuzzi S.p.A. - Business segments
  • Natuzzi S.p.A. - Key offerings
  • Natuzzi S.p.A. - Key customers
  • Natuzzi S.p.A. - Segment focus
  • PAN Emirates - Overview
  • PAN Emirates - Product and service
  • PAN Emirates - Key offerings
  • PAN Emirates - Key customers
  • PAN Emirates - Segment focus
  • Poltrona Frau SPA - Overview
  • Poltrona Frau SPA - Product and service
  • Poltrona Frau SPA - Key offerings
  • Poltrona Frau SPA - Key customers
  • Poltrona Frau SPA - Segment focus
  • Royal Furniture - Overview
  • Royal Furniture - Product and service
  • Royal Furniture - Key offerings
  • Royal Furniture - Key customers
  • Royal Furniture - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The following companies as the key players in the luxury furniture market in the Middle East: B and B Italia SPA, Danube Group, Haworth Inc., Herman Miller Inc., Inter IKEA Holding BV, Minotti S.p.A., Natuzzi S.p.A., PAN Emirates, Poltrona Frau SPA, and Royal Furniture.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased strategic partnerships.'

According to the report, one of the major drivers for this market is the increase in the number of office spaces.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • B and B Italia SPA
  • Danube Group
  • Haworth Inc.
  • Herman Miller Inc.
  • Inter IKEA Holding BV
  • Minotti S.p.A.
  • Natuzzi S.p.A.
  • PAN Emirates
  • Poltrona Frau SPA
  • Royal Furniture