United Arab Emirates (UAE) Furniture Market (2020-2026) | Industry, Revenue, Share, COVID-19 IMPACT, Companies, Outlook, Size, Trends, Growth, Value, Analysis & Forecast

united arab emirates uae furniture market Synopsis

The United Arab Emirates (UAE) furniture market is expected to expand at a healthy CAGR of 7.4% during the forecast period from 2020-2026. The UAE is one of the largest and most developed economies in the Middle East region with large population, high disposable income, rapid urbanization, increasing tourism activities, and rising infrastructure investments. All these factors are driving the demand for furniture in residential as well as commercial spaces across the country. Moreover, higher spending capabilities of consumers coupled with growing emphasis on interior d?cor are also encouraging people to invest in high quality durable furniture products.

Various government initiatives such as Dubai Design District and Expo 2020 have further bolstered local manufacturing capacities while also propelling foreign investments into this sector which has resulted in an increase in product availability in both physical stores and online retail channels across different parts of UAE thereby augmenting growth prospects for this segment over next few years. Furthermore, presence of several leading international brands that offer exclusive design collections along with latest features like fire retardancy has made it easier for customers to purchase customized luxury pieces thus providing promising opportunities to suppliers operating within this space during upcoming years

The global mosaic glass market is expected to expand at a significant CAGR of 3.9% during the forecast period from 2020 to 2026. Growing usage in interior decoration activities, increasing demand for mosaic glasses from commercial buildings and growing preferences from residential customers are some of the primary factors driving the growth of this market. Furthermore, advancements in technology have enabled manufacturers to produce products with better quality & designs thereby fuelling the growth of this market over the coming years. Additionally, rising investments by key players towards R&D activities as well as technological innovations will further propel the growth opportunities for this industry over the coming years.

However, environmental hazards caused due to chemicals used while manufacturing these glasses and lack of availability in certain regional markets might act as restraining factor hampering its overall growth prospects during the forecast timeframe (2020-2026).

Key Highlights of the Report:

• United Arab Emirates (UAE) Furniture Market Outlook
• Market Size of United Arab Emirates (UAE) Furniture Market, 2019
• Forecast of United Arab Emirates (UAE) Furniture Market, 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Revenues & Volume for the Period 2016 - 2026
• United Arab Emirates (UAE) Furniture Market Trend Evolution
• United Arab Emirates (UAE) Furniture Market Drivers and Challenges
• United Arab Emirates (UAE) Furniture Price Trends
• United Arab Emirates (UAE) Furniture Porter's Five Forces
• United Arab Emirates (UAE) Furniture Industry Life Cycle
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Market Revenues & Volume By Material Types for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Market Revenues & Volume By Plastic for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Market Revenues & Volume By Wood for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Market Revenues & Volume By Metal for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Market Revenues & Volume By Other for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Market Revenues & Volume By Residential for the Period 2016 - 2026
• Historical Data and Forecast of United Arab Emirates (UAE) Furniture Market Revenues & Volume By Commercial for the Period 2016 - 2026
• United Arab Emirates (UAE) Furniture Import Export Trade Statistics
• Market Opportunity Assessment By Material Types
• Market Opportunity Assessment By Applications
• United Arab Emirates (UAE) Furniture Top Companies Market Share
• United Arab Emirates (UAE) Furniture Competitive Benchmarking By Technical and Operational Parameters
• United Arab Emirates (UAE) Furniture Company Profiles
• United Arab Emirates (UAE) Furniture Key Strategic Recommendations