Market Insights
As per recent research by MarkNtel Advisors, “The UAE and Saudi Arabia Furnitures market is projecting around 8.40% CAGR during the forecast period, i.e., 2021-26.
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Key Driver & Opportunity: Expanding Industrial & Commercial Sectors across the UAE & Saudi Arabia
The leading players in the UAE and Saudi Arabia Furniture Market are anticipated to witness an upswing in the coming years owing to the rapidly expanding industrial & commercial sectors across these countries. It owes principally to the increasing establishment of MNCs, i.e., propelling the demand for office furniture, coupled with the rising government focus on developing the commercial sector, thereby laying out construction projects to build hotels, resorts, etc., and instigating the overall market growth.
Market Segmentation and Consumer Behavior:
By Material
- Plastic
- Wood
- Metal
By Furniture and Furnishing
- Organized Sector
- Unorganized Sector
By Product Categories
- Living Room
- Bed Room
- Dining Room
- Home Office Furniture
- Kitchen Furniture
- Storage Furniture
- Other
By End-Users
- Residential Furniture
- Commercial Furniture
- Retail Furniture
By Distribution Channel
- Home Centers
- Flagship Stores
- Specialty Stores
- Online Stores
- Other
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Key Players and Competitive Strategies in the UAE and Saudi Arabia Furniture Market
Several prominent players dominate the UAE and Saudi Arabia Furniture Market, including:
- IKEA
- Home Centre
- PAN Emirates
- Royal Furniture
- Danube
- Marina Home
- Homes R Us
- IDdesign
- Pottery Barn
- Home Box
- Major
- Al-Abdulkader Furniture Co. Ltd
- Riyadh Furniture Industries Co.
- Al Jedaie
- AL Rugaib Furniture
- Saudi Modern Factory Company
- AL Aamer Furniture
- Almutlaq Furniture
- Wardeh Salehiya
- HABITAT FURNITURE CO. LTD.
- Midas Furniture
- Gautier Jeddah
- BoConcept
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Questions Addressed in this Study
1.What factors are driving the UAE and Saudi Arabia Furniture Market growth?
2.How is the UAE and Saudi Arabia Furniture Market expected to grow over the next five years?
3.What are the key insights into the current trends in the UAE and Saudi Arabia Furniture Market?
4.What is the current size of the UAE and Saudi Arabia Furniture Market, and how is it projected to change in the future?
6.What is the future outlook for the UAE and Saudi Arabia Furniture Market in terms of technological advancements and market expansion?
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