Market Size of UAE Kitchen Furniture Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 5.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UAE Kitchen Furniture Market Analysis
The United Arab Emirates Kitchen Furniture market has generated a revenue of USD 450 million in the current year and is poised to achieve a CAGR of 5% for the forecast period
In the post-COVID world, the decrease in the number of cases of COVID-19 in the UAE encouraged the governments to lift the restrictions and allow the resumption of business activities. Also, the extended stay of people at home prompted them to think about home renovation projects, which drove the demand for new furniture. There is an increase in revenue in the kitchen furniture market post covid.
Kitchen furniture is one of the primary sectors boosted by the real estate market in the United Arab Emirates. Increased construction activity in both residential and commercial real estate, space limitation difficulties in homes, rising levels of a sedentary lifestyle, rising urbanization, and rising disposable income are some of the primary factors contributing to the growth of the market in the country.
Furthermore, residents in the United Arab Emirates are spending more on home renovations, such as living rooms and kitchens, and are investing in higher-quality products, which is driving up demand for kitchen furniture in the country. The country also boasts a substantial expatriate population from many areas and nations with a variety of furniture design interests. In Abu Dhabi and Dubai, there are many ex-pats (more than 170 nationalities), therefore, the region is developing as a potential market for all types of furniture.
The country meets a major portion of its kitchen furniture demand, from imports, mainly from countries, such as China, Italy, Germany, Poland, Turkey Malaysia, and Vietnam. The country is also into reexports of kitchen furnishings. Some of the major re-export destinations are Iraq, Saudi Arabia, Iran, Oman, and Kuwait.
In 2022, kitchen design in Dubai has changed enough that designers and renovators are now paying just as much attention to efficiency and space optimization as they are to the aesthetic appeal inherent in color and texture choices. Kitchens from the past were neither energy-efficient nor cuisine-friendly. Customers' perceptions of the kitchen may change due to the flashy new concepts. Wood cabinets are a wonderful way to show off an appreciation for tradition and style. It elevates the kitchen to a rare and expensive category. Whitewashing these cabinets for a lighter tone to make them look classier. Doing the cabinets with lighter woods and fresher woods is trending.