What is the size of the GCC furniture market at the moment? How fast is the expansion every year?
According to Recent research by The Report Cube Of "future" GCC furniture market It is expected that over the forecast period, 2024-32, the CAGR will be around 7.8% and that by 2024, the market will be almost 14.2 billion.
Which companies currently dominate the GCC furniture market?
- Saudi Hyundai Factory Inc
- Midas Furniture
- Al Aamer Furniture Company
- Jassco Furniture
- AL Jabriya Furniture
- IKEA Group
- Herman Miller
- Melint Furniture Factory
- Ashley Furniture Industries
- Dina Furniture Factory
- Other
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What market dynamics are accelerating in the GCC furniture market?
- As the business grew, the demand for office furniture grew
The rapid growth of numerous businesses has led to a demand for office space and furniture, including unique features, shapes and sizes. As a result, large corporations and market players are investing heavily in office furniture, such as tables, chairs and desks, to create a comfortable and efficient work environment for their employees, ultimately driving the growth of the GCC furniture market. In addition, numerous furniture manufacturers are actively introducing new designs and creating furniture with different materials, seeking to minimize space occupancy while maximizing functionality. This, in turn, has driven growth in the GCC furniture market.
- The furniture exhibition has led to large-scale investment in space renovation and opened up new avenues
The furniture sector of the GCC has benefited from the growth of the real estate sector, which has been helped by increased activity in the construction of residential and commercial properties, increased urbanization and higher disposable income. Especially in a country like the UAE, there is a growing investment in home improvement, especially the pursuit of high-quality furniture products for living rooms and kitchens. In light of this, the Hive Furniture Show (The Hive Furniture Show) was held at the Sharjah Expo Center in June 2022, which brought together fine furniture from around the world.
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What are the main parts of the GCC furniture market?
- Market shares by application
- Home furniture (residential)
- Office furniture
- Hotel furniture
- Other furniture
- Market share by type of material
- Wood
- Plastic
- Metals
- Other
- Market shares by distribution channel
- Home Center
- Flagship Store
- Speciality stores
- Online channels
- Other
- Market size by country
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
- Saudi Arabia
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- High growth areas and investment opportunities ——Identify rapidly expanding market areas and lucrative business areas.
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本报告的问题与解答 - 报告立方体
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- 影响海湾合作委员会家具市场的最新趋势是什么?
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- 海湾合作委员会家具市场存在哪些机遇?
- 哪些挑战可能会影响海湾合作委员会家具市场的前景?
- 海湾合作委员会家具市场上的顶级公司有哪些?
- 这份海湾合作委员会家具市场报告是否可以根据特定的业务需求进行定制?
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