Home Décor - United Arab Emirates

In the United Arab Emirates, the revenue generated in the Home Décor market Segment amounts to US$568.60m in 2024.
It is projected that this market will experience an annual growth rate of 0.41% (CAGR 2024-2029).
When compared to other countries worldwide, United States leads in terms of revenue generation, with a total of US$35bn in 2024.
In relation to the total population, the per person revenue generated in the Home Décor market Segment is US$59.28 in 2024.
The United Arab Emirates is experiencing a surge in demand for luxury home décor items, reflecting the country's affluent population and their desire for opulent interiors.

Definition:

The Home Decor segment includes a variety of accessories and furnishings used to make a space more aesthetically appealing. Items in this segment can be found in virtually every room within the home and are typically used to showcase one’s unique style and creativity.

Structure:

The Home Decor segment is divided into four subsegments:

The Decorations subsegment refers to a variety of decorative items that are used to enhance the aesthetics of indoor spaces, such as wall art, decorative objects, vases, and sculptures
The Carpets & Rugs subsegment refers to products designed to cover and enhance the flooring of indoor spaces. These products range from large area rugs to small accent rugs, and are available in a variety of materials, colors, patterns, and textures, providing both functional and aesthetic value to the space.
The Candles subsegment covers decorative and aromatic wax-based products that are commonly used to provide mood lighting and fragrance to indoor spaces.
The Curtains & Blinds subsegment includes products designed to cover windows and regulate the amount of light that enters a room. This segment encompasses a wide range of styles and materials, from traditional drapes and blinds to modern shades and screens.

Additional Information:

The Home Decor segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.

Candles
Curtains
Carpets & Rugs
Decorative Accessories

Flameless & Floating Candles
Shower Curtains
Smart Blinds
Clocks
Plants
Mirrors

The Home Décor market in United Arab Emirates has been experiencing significant growth in recent years. Customer preferences in the Home Décor market in United Arab Emirates have been shifting towards more modern and contemporary styles. Customers are increasingly looking for sleek and minimalist designs that reflect their personal taste and lifestyle. This trend can be attributed to the growing influence of global design trends and the increasing exposure to international brands through social media and online platforms. Additionally, customers are also placing a greater emphasis on functionality and practicality in their home décor choices, opting for multi-purpose furniture and accessories that can maximize space and serve multiple functions. One of the key trends in the Home Décor market in United Arab Emirates is the rising demand for sustainable and eco-friendly products. Customers are becoming more conscious of the environmental impact of their purchasing decisions and are actively seeking out products that are made from sustainable materials and produced using environmentally friendly processes. This trend is driven by a combination of factors, including increased awareness of climate change and the desire to support brands that align with their values. Another trend in the Home Décor market in United Arab Emirates is the growing popularity of online shopping. Customers are increasingly turning to online platforms to browse and purchase home décor products, due to the convenience and wide range of options available. Online retailers are capitalizing on this trend by offering personalized recommendations and virtual design services, allowing customers to visualize how products will look in their homes before making a purchase. Local special circumstances in the Home Décor market in United Arab Emirates include the high disposable income of the population and the cultural significance of home décor. The United Arab Emirates has a high per capita income, which allows residents to spend more on luxury and high-end home décor products. Additionally, home décor is seen as a way to showcase wealth and social status in the United Arab Emirates, leading to a high demand for luxury and unique pieces. Underlying macroeconomic factors that are driving the growth of the Home Décor market in United Arab Emirates include a strong real estate market and a booming tourism industry. The United Arab Emirates has experienced rapid urbanization and a construction boom, resulting in a high demand for home décor products. Additionally, the country attracts a large number of tourists who are interested in purchasing home décor items as souvenirs or for their own homes, further driving the market growth.

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

From homeware to office furniture, even expanding over to pet care, the furniture industry is all-encompassing and ever-growing. Be it homes, schools, offices, or even outdoors, furniture is what gives a room its function and purpose.