MarkNtel Advisors recently published a detailed industry analysis of the UAE and Saudi Arabia Furniture Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
UAE and Saudi Arabia Furniture Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2026
The UAE and Saudi Arabia Furniture Market is anticipated to grow at around 8.40% CAGR during the forecast period, i.e., 2021-26,
What are the major Driver the UAE and Saudi Arabia Furniture industry?
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.
Key Findings in UAE and Saudi Arabia Furniture Market:
- Historical Analysis: 2016–2019
- Base Year: 2020
- Forecast Period: 2021-2026
UAE and Saudi Arabia Furniture Market Leading Market Players-
(Offline (IIKEA, Home Centre, PAN Emirates, Royal Furniture, Danube, Marina Home, Homes R Us, IDdesign, Pottery Barn, Home Box, Natuzzi. 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 (Ebarza, The People of Sand, MarMarLand, The Bowery Company, Wysada, etc.
Key Highlights of the Report
- Market Dimensions And Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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What segments define the UAE and Saudi Arabia Furniture Market from 2021 to 2026? How do these segments contribute to market dynamics and growth?
By Material
- Plastic
- Wood
- Metal
According to report, 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
According to report, 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
Explore the Complete UAE and Saudi Arabia Furniture Market Analysis Report – https://www.marknteladvisors.com/research-library/uae-saudi-arabia-furniture-market.html
UAE and Saudi Arabia Furniture Recent Development:
- 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.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global UAE and Saudi Arabia Furniture?
- How is the UAE and Saudi Arabia Furniture expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.
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