Product Code: ETC019681 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Qatar is a small country located in the Persian Gulf and is home to some of the world???s most affluent citizens. Due to its oil-rich economy, Qatar has been able to fuel its rapid economic growth over the past few years. This growth has enabled it to invest heavily in infrastructure development, including interior design products such as furniture. Consequently, Qatar has become an attractive market for furniture manufacturers from around the world who are looking for lucrative opportunities.
The major factors driving demand for household furniture in Qatar include improving disposable incomes across all income groups driven by higher employment rates among locals and increased influx of expatriates into the region; growing inclination towards modern lifestyles; construction activities related to infrastructure projects such as Lusail City Project and Doha Metro project; increasing preference towards luxury items amongst local consumers; ongoing trend of purchasing readymade/assembled products rather than customized ones offered at artisanal stores etc. In addition, government initiatives such as Start Up Visa Program which allows foreign investors with innovative ideas or existing business ventures outside of Qatar have further provided impetus towards attracting more businesses into this sector thus creating new avenues of opportunities within this industry.
One of the major challenges facing Qatar furniture market is the high prices of products due to high production costs, import taxes and duties. The limited local production capacity in the country has resulted in a reliance on imported furniture which drives up prices and makes it difficult for local producers to compete with foreign suppliers. A lack of quality standards in Qatar furniture industry means that buyers have difficulty finding reliable sources for purchasing quality pieces at reasonable prices. With limited access to financing solutions, smaller businesses often struggle when sourcing materials or expanding operations, making it difficult for them to remain competitive against larger companies with more resources available.
Some key players operating in Qatar household furniture industry include Al Mana Interiors & Furniture Co., Home Centre LLC (Landmark Group), Qatar Diar Real Estate Investment Company, Al Rostamani Group LLC., Carillion Trading & Contracting Co WLL etc. These companies are focusing on adopting business expansion strategy with an aim to strengthen their presence domestically and provide high quality product offerings across various price points for consumer convenience.
The COVID-19 pandemic has impacted all industries globally, including Qatar household furniture industry as well which recorded significant losses due to restricted mobility across countries and lockdowns imposed by different governments worldwide. However, many companies have also shifted their strategies towards online retailing models that enabled them to survive during tough times and drive sales through digital channels such as eCommerce platforms and social media networks. Furthermore, increasing focus on safety practices such as contactless delivery services will help revive the market post COVID-19 crisis while fuelling its future growth potential throughout 2031 timeline.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Household furniture Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Household furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Household furniture Market - Industry Life Cycle |
3.4 Qatar Household furniture Market - Porter's Five Forces |
3.5 Qatar Household furniture Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Qatar Household furniture Market Revenues & Volume Share, By Area of Use, 2021 & 2031F |
4 Qatar Household furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Household furniture Market Trends |
6 Qatar Household furniture Market, By Types |
6.1 Qatar Household furniture Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Qatar Household furniture Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Qatar Household furniture Market Revenues & Volume, By Wood Furniture, 2021-2031F |
6.1.4 Qatar Household furniture Market Revenues & Volume, By Metal Furniture, 2021-2031F |
6.1.5 Qatar Household furniture Market Revenues & Volume, By Plastic Furniture, 2021-2031F |
6.1.6 Qatar Household furniture Market Revenues & Volume, By Others, 2021-2031F |
6.2 Qatar Household furniture Market, By Area of Use |
6.2.1 Overview and Analysis |
6.2.2 Qatar Household furniture Market Revenues & Volume, By Bedroom Furniture, 2021-2031F |
6.2.3 Qatar Household furniture Market Revenues & Volume, By Living Room Furniture, 2021-2031F |
6.2.4 Qatar Household furniture Market Revenues & Volume, By Dining Room Furniture, 2021-2031F |
6.2.5 Qatar Household furniture Market Revenues & Volume, By Household Furniture, 2021-2031F |
6.2.6 Qatar Household furniture Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Household furniture Market Import-Export Trade Statistics |
7.1 Qatar Household furniture Market Export to Major Countries |
7.2 Qatar Household furniture Market Imports from Major Countries |
8 Qatar Household furniture Market Key Performance Indicators |
9 Qatar Household furniture Market - Opportunity Assessment |
9.1 Qatar Household furniture Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Qatar Household furniture Market Opportunity Assessment, By Area of Use, 2021 & 2031F |
10 Qatar Household furniture Market - Competitive Landscape |
10.1 Qatar Household furniture Market Revenue Share, By Companies, 2024 |
10.2 Qatar Household furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |