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
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032 |
Historical Years
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2018-2023
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Market Size in 2023 | USD 2.1 Billion |
Market Forecast in 2032 | USD 3.1 Billion |
Market Growth Rate (2024-2032) | 4.10% |
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.
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:
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:
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:
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:
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:
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:
The report has also provided a comprehensive analysis of all the major regional markets, which include Dubai, Abu Dhabi, Sharjah, and Others.
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.
Report Features | Details |
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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:
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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) |