UAE Home Furniture and Furnishing Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The sale of furniture products online is a relatively new concept in the UAE region owing to its small scale operations where the customers prefer to buy products by visiting the stores and facilitating transactions. Despite having an internet penetration of ~% in the region with an approximate of 8,515,420 internet users, online sales of furniture contributed to mere ~% of the market revenues which were evaluated at AED ~ million for the year of 2017. Online players have been facing stiff competition from brick and mortar stores all across the country, which offer a wide variety of products at competitive prices. Snapshot of UAE Home Furnishings Market Furnishings products are more or less complimentary goods that are demanded along with furniture. Lately furnishings market has been growing along with the furniture market. The UAE Furnishings Market recorded a growth at a CAGR of ~% from 2012 to 2017. The demand for barbeques and garden sheds saw an increase due to the rise in barbeque restaurants and the ability of charcoal barbeques to produce flavorful and better results than gas barbeques. IKEA has been the most popular brand amongst the expatriate for the procurement of furnishing items while the local population on the other hand preferred traditional style of furnishings. How is the Competition Scenario in UAE Home Furniture Market? The furniture market of UAE was observed to be mildly fragmented due to presence of large number of domestic and global players with similar product offerings. Single proprietorships and family-owned corporations are common in the industry. Some of the major furniture brands are owned by the expat population, along with foreign investors. Furniture products of various price segments, inclusive of cheap, mid-segment and luxurious/premium products are designed by several manufacturers to cater to the needs of the ever expanding customer base of all classes. Over the years the competition between the domestic and international players has intensified owing to the increase in demand for furniture and furnishing products in the UAE region. It has been observed that manufacturers and retailers are trying to differentiate themselves by targeting a particular customer segment based on purchasing power of customers. The unorganized sector has been posing stiff competition to the existing and new organized players entering the space owing to the ease in availability of raw materials and cheap skilled labor in the region. However, organized players have been successful in marketing modern furniture products largely to the emirates of Abu Dhabi and Dubai. What is the Future Outlook for Furniture Industry in UAE? The furniture industry of UAE is expected to grow from AED ~ million in 2017 to AED ~ million by 2020E with a CAGR of ~% for the same time period. The reason for the increase in revenues from the furniture industry of UAE can be attributed to the fact that increasing nuclear families being welcomed in the region, as more people adapt to nuclear families, the requirement of residential spaces would also increase which would lead to an increase in the demand for furniture products in the region. The furniture demand in the region will rise also because of new fashion trends in furniture. This will also lead to higher replacement of furniture products thereby increasing the demand for furniture and furnishing products. The development of key projects like Caesars Palace, Fairmont and others will lead to the development of the tourism industry; this in turn will foster the growth of furniture industry. For more information about the publication, refer to below link: https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/uae-home-furniture-furnishing-market/175028-95.html Related Reports: https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/australia-furniture-market/149484-95.html https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/india-furniture-market-research-report/8520-95.html https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/ksa-home-furniture-market/142278-95.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91 9015378249 Tags: Analyst Recommendation UAE Furniture, Bed Market UAE, Business Model UAE Online Furniture Market, Case Study to set up Hotel Furniture in UAE, Challenges in Value Chain Analysis, Decision Buying Parameters UAE Furniture, Dubai Home Furniture Market, Dubai Office Furniture Market, Issues and Challenges UAE Furniture, Sofa Sales in UAE, Supply Chain UAE Furniture Market, Trends and Developments Modular Kitchen, Trends and Developments UAE Furniture, UAE Barbeque Market, UAE Bedroom Furniture Market, UAE Dining Room Furniture Market, UAE Furnishing Market, UAE Furniture and Furnishings Market, UAE Furniture Export Trade Scenario, UAE Furniture Future, UAE Furniture Import Trade Scenario, UAE Furniture Market, UAE Furniture Market Competition Scenario, UAE Furniture Market Segmentation by Emirates, UAE Home Furnishing Market, UAE Home office Furniture Market, UAE Home Textiles, UAE Hospitality Furniture Market, UAE Kitchen Furniture Market, UAE Living Room Furniture Market, UAE Living Room Textiles, UAE Modular Kitchen Market Competition Scenario, UAE Online Furniture Market Size, UAE Residential Furniture Future, UAE Residential Furniture Future by Application, UAE Residential Furniture Market, UAE Storage & Other Furniture Market, UAE Window Coverings, Value Chain Analysis UAE Furniture, Wardrobe Sales in UAE