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UAE Home Furniture Market, By Product Type (Bed, Sofa, Wardrobe, Dining Set, Chairs and Others (Cabinets, Standalone Tables, etc.), By Raw Material, By Room Type, By Price Range, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2027

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    Report

  • 74 Pages
  • January 2023
  • Region: United Arab Emirates
  • TechSci Research
  • ID: 5744106
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Uae Home Furniture Market is Anticipated to Witness Potential Growth in the Forecast Period, 2023-2027.

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UAE home furniture market is anticipated to witness potential growth in the forecast period, 2023-2027. Furniture is considered a significant element of home décor. It aids with basic daily functions such as eating, sitting, and sleeping. It is a highly movable product, has numerous applications, and can be customized to meet the needs of end-users through machine-based processing or handcrafting. To fulfill the requirements of the customers, businesses are constantly developing modified and customized products. Ready-to-assemble (RTA) furniture is gaining traction among homeowners and renters, owing to the lower costs and compact designs which propel the market growth. RTA furniture, also known as flat-pack furniture, is not assembled by the manufacturer and is available in parts, with instructions on how to assemble it. With continuous technological advancements and product innovations, mid-size and smaller companies in the country are expanding their market presence, by securing new contracts and tapping into new markets. E-commerce is also supporting market growth and many e-commerce giants such as Amazon, Wayfair, and Home Depot provide a wide range of furniture products from many key brands as a part of their product portfolio.

Increasing Number of Sales of Bedroom Furniture is Bolstering the Market Growth

The escalating demand for multifunctional furniture is projected to stimulate market growth. Real estate prices have plummeted significantly which resulted in a considerable reduction in house sizes. As rooms are getting smaller these days, customers are increasingly looking for furniture that is compact and easily movable to enable efficient use of the available space. To meet such kind of requirements; vendor organizations have introduced multifunctional furniture with storage facilities. Numerous beds that have included additional storage spaces are gaining more prominence across UAE. The inflating need for convertible furniture in the country has functionality beyond traditional furniture use. All these factors support the market growth.

Growing Consumer Expenditure on Furniture Products is Fuelling the Market Growth

The rising number of consumers shifting their preference towards quality and stylish furniture products on account of the inflating disposable income levels and better lifestyle requirements is significantly propelling the growth of the home furniture market. Along with this, the expanding domestic furniture sales and international furniture exports are among the significant growth-inducing factors. The growing average annual expenditure on furniture per consumer unit has increased which is reflecting the healthy growth of the market. This, in turn, is projected to drive the growth of the home furniture market across the UAE in the forecast period.

Enhancing Global Living Standards is Expected to Boost the Market Growth

The escalating demand for home furniture, on account of the growing population and the elevating levels of urbanization across the UAE region, is primarily accelerating the growth of the market. This is leading to extensive investments in infrastructure renovation activities and the higher rate of adoption of aesthetic furniture solutions among consumers is fuelling the growth of the market. Furthermore, the inflating disposable income levels and enhanced living standards are also propelling consumers to invest in household décor enhancement solutions. All these factors are expected to aid the market growth in the upcoming years.

Market Segmentation

UAE home furniture market is segmented into product type, raw material, room type, price range, distribution channel, regional distribution, and competitive landscape. Based on product type, the market is segmented into beds, sofas, wardrobes, dining sets, chairs, and others (cabinets, standalone tables, etc.)). Based on raw materials, the market is divided into wood, metallic, plastic, and others (bamboo, leather, etc.). Based on room type, the thew market is segmented into the living room, bedroom, dining room & others (study room, kitchen, etc.). Based on price range, the market is bifurcated into luxury and mass. Based on distribution channels, the market is segmented into furniture outlets, supermarkets/hypermarkets, online, and others (contract/direct sales, etc.). UAE home furniture market is studied in major regions namely Dubai, Abu Dhabi, Sharjah, and the rest of UAE.

Market Players

Pan Emirates Home Furnishings, AL HUZAIFA FURNITURE (L.L.C), Dar Al Décor Furniture L.L.C, Danube Home, Inter IKEA Group, Home Center, Royal Furniture, Marina Gulf Trading Co LLC, Alshaya Group (Pottery Barn), Homes r Us Trading L.L.C, are the significant market players operating in UAE home furniture market.

Report Scope:

In this report, UAE home furniture market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

UAE Home Furniture Market, By Product Type:

  • Bed
  • Sofa
  • Wardrobe
  • Dining Set
  • Chairs
  • Others

UAE Home Furniture Market, By Raw Material:

  • Wooden
  • Metallic
  • Plastic
  • Others

UAE Home Furniture Market, By Room Type:

  • Living Room
  • Bed Room
  • Dining Room
  • Others

UAE Home Furniture Market, By Price Range:

  • Luxury
  • Mass

UAE Home Furniture Market, By Distribution Channel:

  • Furniture Outlets
  • Supermarkets/Hypermarkets
  • Online
  • Others

UAE Home Furniture Market, By Region:

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Rest of UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in UAE home furniture market.

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Table of Contents

1. Product Overview2. Research Methodology3. Executive Summary4. Impact of Covid-19 on UAE Home Furniture Market
5. Voice of Customers
5.1. Brand Awareness
5.2. Factors Influencing While Purchasing Home Furniture
5.3. Challenges Faced During Purchase
6. UAE Home Furniture Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Bed, Sofa, Wardrobe, Dining Set, Chairs and Others (Cabinets, Standalone Tables, etc.)
6.2.2. By Raw Material (Wooden, Metallic, Plastic and Others (Bamboo, Leather, etc.))
6.2.3. By Room Type (Living Room, Bed Room, Dining Room & Others (Study Room, Kitchen, etc.))
6.2.4. By Price Range (Mass, Premium/Luxury)
6.2.5. By Distribution Channel (Furniture Outlets, Supermarkets/Hypermarkets, Online, & Others (Contract/Direct Sales, etc.))
6.2.6. By Region (Dubai, Abu Dhabi, Sharjah, Rest of UAE)
6.2.7. By Company (2021)
6.3. Market Map (By Product Type, By Raw Material, By Room Type, By Price Range, By Distribution Channel, By Region)
7. Dubai Home Furniture Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Raw Material
7.2.3. By Room Type
7.2.4. By Price Range
7.2.5. By Distribution Channel
8. Abu Dhabi Home Furniture Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2. By Raw Material
8.2.3. By Room Type
8.2.4. By Price Range
8.2.5. By Distribution Channel
9. Sharjah Home Furniture Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2. By Raw Material
9.2.3. By Room Type
9.2.4. By Price Range
9.2.5. By Distribution Channel
10. Supply Chain Analysis11. Import & Export Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments14. Policy & Regulatory Landscape15. UAE Economic Profile
16. Competitive Landscape
16.1. Company Profiles
16.1.1. Pan Emirates Home Furnishings
16.1.2. AL HUZAIFA FURNITURE (L.L.C)
16.1.3. Dar Al Décor Furniture L.L.C
16.1.4. Danube Home
16.1.5. Inter IKEA Group
16.1.6. Home Center
16.1.7. Royal Furniture
16.1.8. Marina Gulf Trading Co LLC
16.1.9. Alshaya Group (Pottery Barn)
16.1.10. Homes R Us Trading L.L.C
17. Strategic Recommendations18. About the Publisher & Disclaimer

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Pan Emirates Home Furnishings
  • AL HUZAIFA FURNITURE (L.L.C)
  • Dar Al Décor Furniture L.L.C
  • Danube Home
  • Inter IKEA Group
  • Home Center
  • Royal Furniture
  • Marina Gulf Trading Co LLC
  • Alshaya Group (Pottery Barn)
  • Homes R Us Trading L.L.C