UAE Home Furniture Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.59 Billion |
| Market Size (2029) | USD 3.12 Billion |
| CAGR (2024 - 2029) | 3.79 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
UAE Home Furniture Market Analysis
The UAE Home Furniture Market size is estimated at USD 2.59 billion in 2024, and is expected to reach USD 3.12 billion by 2029, growing at a CAGR of 3.79% during the forecast period (2024-2029).
There is a notable uptick in consumer spending on home renovations, particularly furniture, kitchens, bathrooms, and flooring in the United Arab Emirates. Notably, there's a shift towards investing in higher-quality products. Wood remains the primary raw material for furniture production, complemented by fittings and finishing materials. Over the years, there has been a discernible surge in demand for high-end luxury furniture, with a preference for heavy fabric and leather items.
The furniture market in the United Arab Emirates is dynamic and expanding, buoyed by factors such as rising disposable incomes, population growth, and an expanding expatriate community. This market showcases a blend of local and international furniture brands, offering a diverse range of traditional and contemporary products.
This surge in demand has fostered a burgeoning domestic market, attracting numerous players vying for the same target audience. Manufacturers and retailers in the region vie based on product quality and materials. Branded furniture companies are gradually gaining prominence in this landscape. However, the furniture sector in the United Arab Emirates witnessed a significant revenue decline due to the COVID-19 pandemic, which severely impacted both commercial and residential construction activities.
UAE Home Furniture Market Trends
Increasing Demand for Kitchen Furniture is Driving the Market
The increasing demand for kitchen furniture drives growth in the UAE furniture market. The United Arab Emirates has experienced rapid urbanization, increasing the number of residential and commercial spaces requiring furniture, including kitchens. The UAE's strong economic growth has boosted consumer purchasing power, leading to higher demand for furniture, including kitchen furniture, as people seek to upgrade their living spaces.
Residential kitchens have become the new living rooms in modern homes. It reflects the consumer's preference for feeling good and eating well in a hygienic setting. They have become a significant part of homes for making food in the country and are considered the hearts of the households. Consumers are extensively interested in designing kitchens to their preferences and tastes. Various factors, such as kitchen designs and type of furniture, have become significant in the current scenario. Homebuyers in Dubai opt for the best-looking kitchens to enhance their cooking experience at home and replicate the food items from restaurants.
The Bedroom Furniture is Dominating the Market
In the UAE's furniture market, bedroom furniture reigns supreme, encompassing beds, wardrobes, dressers, and other bedroom-specific items. The surging population, urbanization, and a thriving housing sector are the primary drivers behind the escalating demand for bedroom furniture. Moreover, the penchant for larger homes and a heightened emphasis on interior design and home decor further bolster the allure of bedroom furniture in the UAE.
As the UAE witnesses a surge in population and an influx of expatriates, the demand for residential spaces has soared. Consequently, the sales of bedroom furniture have witnessed a surge to cater to this expanding customer base. Notably, mattress sales have emerged as a significant contributor to the segment's overall market revenue.
UAE Home Furniture Industry Overview
The UAE home furniture market is fragmented and has many players. With the increase in nuclear families and the rise in demand for residential apartments, the country is expected to witness an increase in the expat population, owing to the stability in oil prices shortly. The development of critical projects, like Caesars Palace, Fairmont, and other projects, may lead to the development of the country's tourism industry. The key players include IKEA, Home Centre, PAN Emirates Home Furnishings, Danube Home, and Pottery Barn.
UAE Home Furniture Market Leaders
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IKEA
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Home Centre
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PAN Emirates Home Furnishings
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Danube Home
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Pottery Barn
*Disclaimer: Major Players sorted in no particular order
UAE Home Furniture Market News
- In June 2023, The FITOUT, a prominent provider of comprehensive interior solutions in the Middle East and a subsidiary of Union Properties, partnered with Gurian, an Italian furniture manufacturing company. This collaboration aims to diversify product offerings and introduce Italy's finest luxury furniture to the UAE market.
- In June 2023, Vivium Holding, a forward-thinking single-family office, announced a strategic distribution agreement with Kettal, a renowned Spanish outdoor furniture brand known for its focus on design and innovation. The collaboration includes the debut of Kettal's first store in the United Arab Emirates early next year, adding to Vivium Holding's expanding investment portfolio.
UAE Home Furniture Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rise in E-commerce is Driving the Market
4.2.2 Rise in Construction and Real Estate Sector Drives the Furniture Market
4.3 Market Restraints
4.3.1 Economic Fluctuations
4.3.2 High Competition in the Furniture Market
4.4 Market Opportunities
4.4.1 Smart and Connected Furniture
4.5 Value Chain Analysis
4.6 Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Technology Innovations in the Industry
4.8 Impacts of COVID-19 on the market
4.9 Insights on Imports and Exports of Furniture type
4.10 Insights on Demographics and Buying Patterns among Consumers in the United Arab Emirates
5. MARKET SEGMENTATION
5.1 By Material
5.1.1 Wood Furniture
5.1.2 Metal Furniture
5.1.3 Plastic and Other Furniture
5.2 By Type
5.2.1 Living Room Furniture
5.2.2 Kitchen Furniture
5.2.3 Dining Room Furniture
5.2.4 Bedroom Furniture
5.2.5 Other Furniture
5.3 By Distribution Channel
5.3.1 Home Centers
5.3.2 Flagship Stores
5.3.3 Specialty Stores
5.3.4 Online Stores
5.3.5 Other Distribution Channels
5.4 By Emirates
5.4.1 Dubai
5.4.2 Abu Dhabi
5.4.3 Sharjah
5.4.4 Others
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Inter IKEA Group
6.2.2 Home Centre
6.2.3 Royal Furniture
6.2.4 PAN Emirates Home Furnishings
6.2.5 Pottery Barn
6.2.6 Danube Home
6.2.7 Marina Home
6.2.8 Homes R Us
6.2.9 Natuzzi
6.2.10 Home Box
6.2.11 Others (Al Khalid Furniture Factory LLC, Space 3, Tm Furniture Industry)*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER
UAE Home Furniture Industry Segmentation
Furniture encompasses objects designed for a range of human activities, including seating, dining, storage, work, and sleep. It serves the dual purpose of providing ergonomic support and acting as a platform for functional and decorative items. The furniture market forecast is segmented by material, type, end-user, distribution channel, and Emirates. The market is segmented by material: wood furniture, metal furniture, plastic furniture, and other material furniture (glass, etc). By type, the market is segmented into living room, kitchen furniture, dining room furniture, bedroom furniture, and other furniture (outdoor furniture, etc). By distribution channel, the market is segmented into home centers, flagship stores, specialty stores, online, and other distribution channels (local dealers), and by Emirates, the market is segmented into Dubai, Abu Dhabi, Sharjah, and Others (Ajman). The report offers market size and forecasts for the UAE furniture market in terms of revenue (USD million) for all the above segments.
| By Material | |
| Wood Furniture | |
| Metal Furniture | |
| Plastic and Other Furniture |
| By Type | |
| Living Room Furniture | |
| Kitchen Furniture | |
| Dining Room Furniture | |
| Bedroom Furniture | |
| Other Furniture |
| By Distribution Channel | |
| Home Centers | |
| Flagship Stores | |
| Specialty Stores | |
| Online Stores | |
| Other Distribution Channels |
| By Emirates | |
| Dubai | |
| Abu Dhabi | |
| Sharjah | |
| Others |
UAE Home Furniture Market Research FAQs
How big is the UAE Home Furniture Market?
The UAE Home Furniture Market size is expected to reach USD 2.59 billion in 2024 and grow at a CAGR of 3.79% to reach USD 3.12 billion by 2029.
What is the current UAE Home Furniture Market size?
In 2024, the UAE Home Furniture Market size is expected to reach USD 2.59 billion.
Who are the key players in UAE Home Furniture Market?
IKEA, Home Centre, PAN Emirates Home Furnishings, Danube Home and Pottery Barn are the major companies operating in the UAE Home Furniture Market.
What years does this UAE Home Furniture Market cover, and what was the market size in 2023?
In 2023, the UAE Home Furniture Market size was estimated at USD 2.49 billion. The report covers the UAE Home Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the UAE Home Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UAE Furniture Industry Report
Statistics for the 2024 UAE Home Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAE Home Furniture analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
