Outdoor Furniture - United Arab Emirates

United Arab Emirates

Highlights

In the year 2024, the revenue generated in the Outdoor Furniture market in the United Arab Emirates amounts to US$304.20m.
It is projected that this market will experience an annual growth rate of 1.33% (CAGR 2024-2029).
When compared globally, United States leads in terms of revenue generation, with US$18bn in 2024.
Taking into account the total population figures, the per person revenue generated in the United Arab Emirates in 2024 is US$31.72.
The United Arab Emirates is experiencing a growing demand for luxury outdoor furniture, reflecting the country's emphasis on creating luxurious and elegant outdoor spaces.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Outdoor Furniture market in United Arab Emirates is experiencing significant growth due to various factors. Customer preferences for outdoor living spaces and the desire to create comfortable and stylish outdoor environments are driving the demand for outdoor furniture. Additionally, the local special circumstances and underlying macroeconomic factors in the United Arab Emirates contribute to the development of the market.

Customer preferences: in the United Arab Emirates are shifting towards outdoor living spaces. With a warm climate and a desire for outdoor entertainment, residents in the United Arab Emirates are increasingly investing in outdoor furniture to create inviting and comfortable outdoor environments. The preference for outdoor living spaces is also influenced by the cultural significance of socializing and spending time outdoors in the United Arab Emirates. Trends in the outdoor furniture market in the United Arab Emirates reflect global trends in the industry. There is a growing demand for high-quality and durable outdoor furniture that can withstand the harsh weather conditions in the region. Customers are also seeking innovative and functional designs that can maximize the use of outdoor spaces. Additionally, there is a trend towards eco-friendly and sustainable outdoor furniture options, as customers in the United Arab Emirates are becoming more conscious of environmental issues.

Local special circumstances: in the United Arab Emirates contribute to the development of the outdoor furniture market. The country's booming tourism industry and the increasing number of luxury hotels and resorts create a demand for outdoor furniture to furnish outdoor spaces such as pool areas, patios, and gardens. The United Arab Emirates is also known for its vibrant outdoor events and festivals, which further drive the demand for outdoor furniture.

Underlying macroeconomic factors: also play a role in the development of the outdoor furniture market in the United Arab Emirates. The country's strong economy and high disposable income levels enable residents to invest in outdoor furniture and create luxurious outdoor living spaces. Additionally, the government's focus on developing tourism and hospitality sectors contributes to the growth of the market, as it attracts both domestic and international customers who are willing to spend on outdoor furniture. In conclusion, the Outdoor Furniture market in United Arab Emirates is experiencing growth due to customer preferences for outdoor living spaces, global trends in the industry, local special circumstances, and underlying macroeconomic factors. The market is expected to continue developing as customers seek to create comfortable and stylish outdoor environments, driven by the warm climate, cultural significance of outdoor socializing, and the desire for outdoor entertainment.

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.