United Arab Emirates (UAE) Furniture Market Research Report, 2028

The furniture market in the United Arab Emirates (UAE) stands as a captivating blend of innovation, luxury, and cultural diversity. Renowned for its opulent architecture and flourishing design landscape, the UAE has established itself as a dynamic hub for both local and international furniture trends. Characterized by a thriving economy, rapid urbanization, and a cosmopolitan population, the UAE's furniture market reflects a vibrant fusion of traditional influences and contemporary aesthetics. As a melting pot of cultures, the UAE showcases a penchant for high-end and cutting-edge designs, with a keen emphasis on quality, functionality, and aesthetics. From the bustling cityscape of Dubai to the cultural tapestry of Abu Dhabi, the demand for a wide array of furniture pieces—ranging from luxurious home furnishings to sleek office solutions—is on the rise. With a growing focus on sustainable and eco-friendly designs, the UAE furniture market presents a captivating landscape where global design trends converge with local preferences, offering a glimpse into a world where innovation, comfort, and elegance seamlessly intertwine. The UAE furniture market's ascent is intricately intertwined with the flourishing Dubai tourism industry, with the rise in the furniture market being notably influenced by the vibrant and dynamic landscape of Dubai's tourism sector. As a global destination renowned for its opulence, architectural marvels, and cultural diversity, Dubai attracts millions of visitors each year, fostering a multifaceted environment that catalyses the growth of the furniture market. According to the research report "United Arab Emirates Furniture Market Research Report, 2028," published by Actual Market Research, the United Arab Emirates furniture market is expected to grow at more than 5% CAGR from 2023 to 2028. The UAE's strong and diversified economy, driven by sectors such as tourism, real estate, finance, and trade, has bolstered consumer purchasing power. With rising disposable incomes, consumers are more willing to invest in high-quality and aesthetically pleasing furniture for their homes, offices, and commercial spaces. Rapid urbanisation and extensive real estate development projects, especially in cities like Dubai and Abu Dhabi, have led to increased demand for furniture to furnish new residential and commercial properties. The growth of modern urban spaces requires contemporary and functional furniture solutions. The UAE's status as a global tourist and business hub has resulted in a thriving tourism and hospitality industry. The influx of visitors, both for leisure and business purposes, has stimulated the demand for hotels, restaurants, and entertainment venues, driving the need for furniture to furnish these establishments. The UAE has experienced population growth due to a combination of factors, including international migration and a high birth rate. A growing population translates to increased demand for housing, further fueling the need for furniture. Based on the material types, the segment includes wood, metal, plastic, glass, and others. In the UAE, wood is leading the market. Wood has deep-rooted cultural significance in many societies, including the UAE. It is often associated with craftsmanship, heritage, and tradition. Traditional Emirati architecture and design have historically incorporated wood, and this cultural connection influences furniture preferences. Wood exudes warmth, elegance, and a timeless aesthetic that resonates with many consumers. It adds a sense of luxury and sophistication to interior spaces, aligning well with the opulent lifestyle and design preferences often found in the UAE.

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Based on the category types, which include outdoor and indoor, the UAE's climate is characterised by hot and sunny weather for a significant portion of the year. This creates a conducive environment for outdoor activities and encourages people to spend time in outdoor spaces, such as gardens, terraces, and balconies. Furthermore, the outdoor lifestyle is deeply ingrained in the culture of the UAE. Residents and visitors alike seek opportunities to enjoy outdoor experiences, whether it's socialising, dining, or relaxing. As a result, there is a strong demand for comfortable and stylish outdoor furniture to create inviting outdoor environments. As well, the UAE is a global tourist destination, attracting visitors from around the world. Tourists are drawn to the country's attractions, events, and outdoor experiences, which fuels the need for well-furnished outdoor spaces. Based on the application segment, which includes residential, office, hotel, and others (hospital furniture), the hotel segment is growing as an application of the furniture market. The UAE is synonymous with luxury and opulence. High-end hotels and resorts in cities like Dubai and Abu Dhabi aim to provide an unparalleled experience for their guests, which includes lavish and meticulously designed interiors furnished with upscale and stylish furniture. The UAE places a strong emphasis on hospitality and exceptional guest experiences. Hotels compete to offer unique and memorable stays, and well-designed, comfortable, and aesthetically pleasing furniture plays a crucial role in creating the desired ambiance. Based on the product types, which include beds, tables, and desks; sofas and couches; chairs and stools; among them, beds are the leading market. In a region where comfort is highly valued due to the warm climate and luxurious lifestyle, beds are considered essential pieces of furniture. High-quality and comfortable beds contribute to restful sleep, which is crucial for overall well-being. In many households, multi-generational living is a common practise. This requires a higher number of beds to accommodate family members and guests, contributing to the demand for various types of beds. Consumers in the UAE often seek customised and uniquely designed furniture pieces, including beds. They value the ability to personalize their living spaces to align with their tastes and preferences. Based on the distribution channel, this includes specialty stores, supermarkets, hypermarkets, online, and others. Among them, the online segment will grow at the highest market growth rate, and the UAE has been actively embracing digital transformation and technology across various sectors. E-commerce platforms and online marketplaces have expanded their presence, offering a convenient and user-friendly shopping experience for consumers looking to purchase furniture. Some online furniture retailers offer customization options, allowing consumers to personalize furniture pieces to match their preferences and interior design concepts. Some online furniture retailers are integrating AR technology, allowing customers to visualise how furniture will look in their living spaces before making a purchase. This enhances the online shopping experience and reduces uncertainty. Considered in this report

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Kripa Shah

Senior Analyst

• Geography: United Arab Emirates • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • United Arab Emirates Furniture with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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By Material • Wood • Metal • Plastic • Glass • Others By product • Beds • Tables & Desks • Sofa & Couch • Chairs & Stools • Cabinets & Shelves • Other By Category • Indoor • Outdoor By Application • Residential • Office • Hotel • Others (Hospital Furniture) By Distribution Channel • Specialty Stores (Traditional Stores, Branded Furniture/Flagships Stores, Lifestyle Stores, Home Centers) • Supermarkets and Hypermarkets (Department Stores, Discount Department Stores) • Online • Others (Office Supply Stores, Buying Through a Designer) The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organisations related to the Furniture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.