UAE and Saudi Arabia Furniture Market to Grow at 8.40% CAGR by 2026 | MarkNtel Advisors

Market Overview:
MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the UAE and Saudi Arabia Furniture Market, The UAE and Saudi Arabia Furniture Market is projected to grow at a CAGR of around 8.40% during the forecast period, i.e., 2021-26. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the UAE and Saudi Arabia Furniture Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.
Industry Outlook & Forecasts:
- Forecast Period: 2021-2026
- CAGR (2021-2026): 8.40%
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UAE and Saudi Arabia Furniture Market Segmentation Breakdown:
The UAE and Saudi Arabia Furniture Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
By Material
- Plastic
- Wood
- Metal
Of them all, Wood dominated the market with the largest share in recent years & is projected to prevail the same trend during the forecast period.
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
Of them all, the Residential sector is anticipated to demonstrate the fastest market growth during the forecast period.
By Distribution Channel
- Home Centers
- Flagship Stores
- Specialty Stores
- Online Stores
- Other
Key Drivers & 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.
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A Comprehensive Analysis of Leading Companies in UAE and Saudi Arabia Furniture Market
Offline Furniture
- 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
Online Furniture
- Ebarza
- The People of Sand
- MarMarLand
- The Bowery Company
- Wysada
Growth Restraint: Shortage or Delayed Procurement of Raw Materials
The UAE and Saudi Arabia Furniture Market observe shortage of timber wood, which in turn, is spiking up its costs and introducing severe challenges like project delays, cash flow issues, demand-supply gap, etc. Hence, this might restrain the market growth during the forecast period. Besides, factors such as stringent government regulations on wood production, natural disasters, poor logistics, etc., shall also act as prominent growth challenges to the market in the coming years.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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