UAE Furniture Market Trends 2024, Industry Growth, Forecast Report By 2032

Furniture Market - UAE

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Size in 2023: USD 3.5 Billion

Market Size in 2032: USD 5.3 Billion

Market Growth Rate (CAGR) 2024-2032: 4.40%

According to IMARC Group's report titled "UAE Furniture Market Report and Forecast 2024-2032," the market reached USD 3.5 billion in 2023. Looking forward, IMARC Group expects the market to reach USD 5.3 billion by 2032, exhibiting a growth rate (CAGR) of 4.40% during 2024-2032. The market is growing due to urbanization, real estate development, and increasing demand for modern, luxury, and eco-friendly designs.

Download sample copy of the Report: https://www.imarcgroup.com/uae-furniture-market/requestsample

UAE Furniture Market Trends and Drivers:

• Rapid urbanization, a thriving real estate sector, and a growing expatriate population are driving market growth.
• Increased demand for modern, functional furniture due to new residential and commercial developments.
• Rising homeownership and higher disposable incomes encourage investment in premium, aesthetically appealing furniture.
• Large events like Expo 2020 Dubai have boosted demand in sectors like hospitality, offices, and retail.
• Growing preference for sustainable and eco-friendly furniture made from recyclable materials.
• Increased popularity of modular and space-saving designs suited for urban living spaces.
• E-commerce is transforming furniture retail, offering a broader range of products and online shopping convenience.
• Retailers are enhancing the shopping experience with digital platforms and virtual showrooms.
• Sustainability, customization, and digital innovation are expected to drive market growth.

UAE Furniture Industry Segmentation:

Our comprehensive UAE furniture market outlook reflects both short-term tactical and long-term strategic planning. This analysis is essential for stakeholders aiming to navigate the complexities of the market and capitalize on emerging opportunities.

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

Request for customization: https://www.imarcgroup.com/request?type=report&id=24530&flag=C

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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.

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