Product Code: ETC016800 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United Arab Emirates (UAE) home furnishings market is expected to experience a CAGR of 4.5% between 2020 and 2026. This trend can be attributed to the rising demand for luxurious furniture, increasing disposable income levels, growing number of residential projects in the country, and government initiatives to promote sustainable development through green building standards. Additionally, investments by local players in modern furniture production technologies are anticipated to further fuel market growth during this period. Moreover, increasing awareness among consumers regarding interior designing has been pushing up sales of decorative items such as carpets, wallpapers, paintings and art pieces that have become popular with young families living in villas or high-end apartments across the UAE
E-commerce portals are also gaining traction due to their convenience factor for customers who want hassle free purchases along with attractive discounts offered by online retailers from time to time. Furthermore, several international furniture brands have entered into strategic partnerships with e-retailers in order to expand their reach into new markets such as Dubai and Sharjah where there is an ever-growing population looking for latest designs at competitive prices.. In addition, manufacturers are focusing on providing innovative products which meet customer requirements while adhering strictly to quality standards set by concerned authorities like Dubai Municipality?s Consumer Product Safety Department (CPSD)
The rise in consumer preference towards smart homes equipped with technologically advanced furniture has opened up opportunities for vendors operating within this space creating lucrative prospects within the UAE home furnishings sector over the forecast period 2021?2026
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 United Arab Emirates (UAE) Home Furnishings Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume, 2019 & 2026F |
3.3 United Arab Emirates (UAE) Home Furnishings Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Home Furnishings Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 United Arab Emirates (UAE) Home Furnishings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Home Furnishings Market Trends |
6 United Arab Emirates (UAE) Home Furnishings Market, By Types |
6.1 United Arab Emirates (UAE) Home Furnishings Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume, By Home furniture market, 2016 - 2026F |
6.1.4 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume, By Home textiles market, 2016 - 2026F |
6.1.5 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume, By Floor coverings market, 2016 - 2026F |
6.2 United Arab Emirates (UAE) Home Furnishings Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume, By Offline Retail, 2016 - 2026F |
6.2.3 United Arab Emirates (UAE) Home Furnishings Market Revenues & Volume, By Online Retail, 2016 - 2026F |
7 United Arab Emirates (UAE) Home Furnishings Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Home Furnishings Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Home Furnishings Market Imports from Major Countries |
8 United Arab Emirates (UAE) Home Furnishings Market Key Performance Indicators |
9 United Arab Emirates (UAE) Home Furnishings Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Home Furnishings Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 United Arab Emirates (UAE) Home Furnishings Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 United Arab Emirates (UAE) Home Furnishings Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Home Furnishings Market Revenue Share, By Companies, 2019 |
10.2 United Arab Emirates (UAE) Home Furnishings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |