Home Decor Market-UAE
Market Statistics
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 5.10% (2024-2032)
The UAE home decor market is expanding due to rising incomes, a growing expatriate population, and increased demand for luxury living. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.10% from 2024 to 2032.
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UAE Home Decor Market Trends and Drivers
- The UAE home decor market is expanding due to rising disposable incomes, a growing expatriate population, and a strong preference for luxury living experiences.
- Residents are increasingly investing in high-quality, visually appealing decor items to personalize their homes.
- Real estate booms in Dubai and Abu Dhabi further drive demand, as new homeowners and renters seek stylish furnishings for their living spaces.
- Social media platforms showcasing interior design trends significantly impact consumer preferences and buying behavior in the home decor sector.
- Driven by growing environmental awareness, there is an increased demand for decor items made from recycled or natural materials, like wood, bamboo, and organic fabrics.
- The adoption of smart home technology is on the rise, with consumers seeking products such as smart lighting, automated blinds, and multifunctional furniture.
- Minimalist and modern design styles are gaining popularity, as homeowners gravitate towards sleek, globally-inspired aesthetics.
- The growth of e-commerce has made a wide array of home decor products more accessible, enhancing convenience for consumers.
- With a focus on personalization, sustainable materials, and innovative designs, the UAE home decor market is expected to continue its steady growth trajectory in the coming years.
UAE Home Decor Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest UAE home decor market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Product Type Insights:
- Home Furniture
- Home Textiles
- Flooring
- Wall Decor
- Lighting
- Others
Distribution Channel Insights:
- Home Decor Stores
- Supermarkets and Hypermarkets
- Online Store
- Gift Shops
- Others
Region Insights:
- Dubai
- Abu Dhabi
- Sharjah
- Others
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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