UAE and Saudi Arabia Furniture Market Size, Share & Forecast Analysis to 2026
UAE and Saudi Arabia Furniture Market Size & Insights
The UAE and Saudi Arabia Furniture Market is projecting around 8.40% CAGR during the forecast period, i.e., 2021-26. It owes to the swiftly growing establishment of several businesses, i.e., propelling the demand for office spaces & furniture, coupled with the rising demand for value-added features, shapes & sizes of furniture.
What are the Key DROs in the UAE and Saudi Arabia Furniture Market?
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.
What are the Key Segments in the UAE and Saudi Arabia Furniture Market?
The UAE and Saudi Arabia Furniture is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
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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Who are the Key Players in UAE and Saudi Arabia Furniture Market?
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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UAE and Saudi Arabia Furniture Market News
In November 2020, prominent player PAN Emirates Home Furnishings inaugurated a new store in the Capital Mall of Abu Dhabi. The leader invested substantially, making the store the biggest in the region, covering around 4200 sqm.
The same year, in September, leading player IKEA incorporated with the Republic of Gamers (RoG) to manufacture a new line of affordable gaming furniture & accessories in order to enhance the overall gaming experience at homes.
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