Home Furnishings in the United Arab Emirates: Market Growth, Opportunity and Forecast 2025


Posted May 29, 2021 by mronarabia

Retail current value sales of home furnishings declined for the first time in more than a decade during 2020. The
 
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Home Furnishings in the United Arab Emirates” under Saudi Arabia Consumer Goods Market category. The United Arab Emirates Home Furnishings Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

Retail current value sales of home furnishings declined for the first time in more than a decade during 2020. The economic shock of the pandemic had a significant negative effect on consumer confidence. This led many local consumers to reduce their discretionary spending, with purchases of big-ticket items, such as home furnishings, postponed in some cases. Items like beds and dining furniture were particularly hard hit.

Home Furnishings in United Arab Emirates report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2025 illustrate how market demand is expected to evolve in the medium-term

Product coverage: Indoor Living, Lighting, Outdoor Living.

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Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Home Furnishings market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table Of Contents
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
2020 IMPACT
Pandemic leads some consumers to postpone purchases of big-ticket items
Retailers respond with more discounts and promotions, as well as a pivot to e-commerce
IKEA is particularly popular with Emiratis and Indian expats

RECOVERY AND OPPORTUNITIES
Economic recovery will encourage consumers to reopen their wallets
The dominance of energy-efficient LED in lightening will deepen
E-commerce will continue to gain popularity, as consumers become more comfortable and retailers develop their infrastructure

CATEGORY DATA
Table 1 Sales of Home Furnishings by Category: Value 2015-2020
Table 2 Sales of Home Furnishings by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Home Furnishings: % Value 2016-2020
Table 4 LBN Brand Shares of Home Furnishings: % Value 2017-2020
Table 5 LBN Brand Shares of Light Sources: % Value 2017-2020
Table 6 Distribution of Home Furnishings by Format: % Value 2015-2020
Table 7 Forecast Sales of Home Furnishings by Category: Value 2020-2025
Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2020-2025

EXECUTIVE SUMMARY
COVID-19 impact on home and garden
COVID-19 country impact
Company response
Retailing shift
What next for home and garden?

MARKET DATA
Table 9 Sales of Home and Garden by Category: Value 2015-2020
Table 10 Sales of Home and Garden by Category: % Value Growth 2015-2020
Table 11 NBO Company Shares of Home and Garden: % Value 2016-2020
Table 12 LBN Brand Shares of Home and Garden: % Value 2017-2020
Table 13 Penetration of Private Label in Home and Garden by Category: % Value 2015-2020
Table 14 Distribution of Home and Garden by Format: % Value 2015-2020
Table 15 Distribution of Home and Garden by Format and Category: % Value 2020
Table 16 Forecast Sales of Home and Garden by Category: Value 2020-2025
Table 17 Forecast Sales of Home and Garden by Category: % Value Growth 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
DISCLAIMER
SOURCES
Summary 1 Research Sources

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Last Updated May 29, 2021