PROSPECTS AND OPPORTUNITIES
Home products specialists to benefit from favourable market conditions
Home products specialists in the United Arab Emirates is expected to continue growing over the forecast period across all indicators, driven by favourable market conditions. Factors such as stable population growth, an influx of migrant workers facilitated by initiatives such as the Golden Visa, urban expansion driven by infrastructure development, and an increasing desire for premium products among affluent consumers will help drive up growth across the channel.
Technology and sustainability to help drive demand
The future of home products specialists in the United Arab Emirates is likely to be influenced by the growing interest in smart homes, driven by improved 5G connectivity. As households look to retrofit or upgrade traditional homes to accommodate these technologies, there will be an increased need for home improvements.
Ikea focuses on accessibility, affordability and sustainability to attract consumers
Ikea, the leading brand in homewares and home furnishing stores at the end of the review period, is expected to continue gaining momentum in the coming years by focusing on affordability, accessibility, and sustainability to meet the evolving needs of local consumers. To achieve this goal, Ikea plans to expand its presence by opening new stores in smaller, more accessible formats, especially in Fujairah and Abu Dhabi, in addition to enhancing online shopping options.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Home Products Specialists industry in United Arab Emirates with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Products Specialists industry in United Arab Emirates, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Home Products Specialists in United Arab Emirates report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Home Products Specialists in United Arab Emirates?
- Which are the leading retailers in Home Products Specialists in United Arab Emirates?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Home Products Specialists in the United Arab Emirates - Category analysis
KEY DATA FINDINGS
Population expansion spurs growth of home products specialists
Landmark Group strengthens lead in home products specialists
Pet shops and superstores continues to expand as demand for pet products rises
Home products specialists to benefit from favourable market conditions
Technology and sustainability to help drive demand
Ikea focuses on accessibility, affordability and sustainability to attract consumers
Retail in the United Arab Emirates - Industry Overview
Retail in 2024: The big picture
Higher polarisation with premiumisation rising while consumers remain under pressure
More strategic partnerships form as competition intensifies
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Dubai Shopping Festival (“DSF”)
Dubai Summer Surprises (“DSS”)
Back to School
Super Sales
White Friday
APPENDIX
DISCLAIMER
The following categories and subcategories are included:
Home Products Specialists
- Home Improvement and Gardening Stores
- Homewares and Home Furnishing Stores
- Pet Shops and Superstores
Home Products Specialists
The aggregation of home improvement and gardening stores, homewares and home furnishing stores, and pet shops and superstores.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Home Products Specialists research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!