UAE Home Furniture Market Size, Share & Forecast

UAE Home Furniture Market Report by Product Type (Bed, Sofa, Wardrobe, Dining Set, Chairs, and Others), Raw Material (Wooden, Metal, Plastic, and Others), Room Type (Living Room, Bedroom, Dining Room, and Others), Price Range (Luxury, Mass), Distribution Channel (Furniture Outlets, Supermarkets/Hypermarkets, Online, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A24526

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UAE Home Furniture Market Overview:

The UAE home furniture market size reached USD 2.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 3.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.10% during 2024-2032. The market is propelled by robust economic growth and rising disposable incomes, growing preference for sustainable and eco-friendly furniture, and integration of technology in furniture design, such as smart beds, adjustable workstations, and home automation systems.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	USD 2.1 Billion
Market Forecast in 2032	USD 3.1 Billion
Market Growth Rate (2024-2032)	4.10%

UAE Home Furniture Market Trends:

Rising Disposable Incomes

The UAE has witnessed strong economic growth in recent decades, due to its oil wealth and diversification into areas such as tourism, finance, and real estate. This economic growth has resulted in increased disposable income for residents, allowing them to spend more on house furnishings. Besides, with a large expatriate population and an increasing middle class, there is a steady demand for trendy and high-quality home furnishings. The UAE ranked seventh in the world in terms of per capita national income, according to the latest data released by the World Bank. The per capita income in the UAE, based on purchasing power parity (PPP) in current international dollars, rose to t$87,729 in July 2022, an increase of $10,781 from 2021 . Increased disposable incomes enables consumers to prioritize aesthetics and comfort, resulting in more regular renovations and upgrades to home interiors.

Rapid Urbanization

Rapid urbanization and housing building projects are major drivers of the UAE home furniture market. The urban and built area of the emirate increased 170-fold from 3.2 square km to 1,490 square. Besides, in 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the Dubai 2040 Urban Master Plan that maps out a comprehensive future map for sustainable urban development in the city. Cities such as Dubai and Abu Dhabi are booming with new residential developments, including luxury apartments, villas, and gated communities. The inflow of new housing units demands a large supply of household goods. Furthermore, the government's attempts to encourage real estate investments, such as freehold property ownership for expats, have boosted the housing market and increased demand for home furnishings. The ongoing expansion of metropolitan centers and the development of new residential areas contribute to a stable market for furniture dealers and producers.

UAE Home Furniture Market News:

In July 2024, Al-Futtaim IKEA announced the grand opening of its newest store in City Centre Fujairah, marking a significant milestone in its continuous growth and commitment to innovation in the UAE. With a core belief that well-designed, functional, and sustainable products should be accessible to everyone, Al-Futtaim IKEA continues to deliver on its promise of affordability and quality.
In May 2023, PAN Emirates, a premier home furnishings and online furniture shopping store in the UAE, has rebranded as PAN Home. The new name reflects a more modernized approach and a wider customer base. The rebranding includes a refreshed logo and an elevated furniture collection, capturing contemporary living. Both online and offline shopping experiences have been improved for a seamless journey.

UAE Home Furniture Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, raw material, room type, price range, and distribution channel.

Product Type Insights:

Bed
Sofa
Wardrobe
Dining Set
Chairs
Others

The report has provided a detailed breakup and analysis of the market based on the product type. This includes bed, sofa, wardrobe, dining set, chairs, and others.

Raw Material Insights:

Wooden
Metal
Plastic
Others

A detailed breakup and analysis of the market based on the raw material have also been provided in the report. This includes wooden, metal, plastic, and others.

Room Type Insights:

Living Room
Bedroom
Dining Room
Others

The report has provided a detailed breakup and analysis of the market based on the room type. This includes living room, bedroom, dining room, and others.

Price Range Insights:

Luxury
Mass

A detailed breakup and analysis of the market based on the price range have also been provided in the report. This includes luxury and mass.

Distribution Channel Insights:

Furniture Outlets
Supermarkets/Hypermarkets
Online
Others

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes furniture outlets, supermarket/hypermarkets, online, and others.

Regional Insights:

Dubai
Abu Dhabi
Sharjah
Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Dubai, Abu Dhabi, Sharjah, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

UAE Home Furniture Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	Billion USD
Scope of the Report	Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: Product Type Raw Material Room Type Price Range Distribution Channel Region
Product Types Covered	Bed, Sofa, Wardrobe, Dining Set, Chairs, Others
Raw Materials Covered	Wooden, Metal, Plastic, Others
Room Types Covered	Living Room, Bedroom, Dining Room, Others
Price Ranges Covered	Luxury, Mass
Distribution Channels Covered	Furniture Outlets, Supermarkets/Hypermarkets, Online, Others
Regions Covered	Dubai, Abu Dhabi, Sharjah, Others
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the UAE home furniture market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the UAE home furniture market?
What is the breakup of the UAE home furniture market on the basis of product type?
What is the breakup of the UAE home furniture market on the basis of raw material?
What is the breakup of the UAE home furniture market on the basis of room type?
What is the breakup of the UAE home furniture market on the basis of price range?
What is the breakup of the UAE home furniture market on the basis of distribution channel?
What are the various stages in the value chain of the UAE home furniture market?
What are the key driving factors and challenges in the UAE home furniture?
What is the structure of the UAE home furniture market and who are the key players?
What is the degree of competition in the UAE home furniture market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UAE home furniture market from 2018-2032.
The research report provides the latest information on the market drivers, challenges, and opportunities in the UAE home furniture market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UAE home furniture industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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