NEW YORK , Nov. 22, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The luxury furniture market in middle east size is estimated to grow by USD 413.02 million from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 4.48% during the forecast period. Increase in number of office spaces is driving market growth, with a trend towards increasing acceptance and demand for eco-friendly products.
However, growing prominence of furniture rentals poses a challenge.Key market players include Anna Casa Ltd., Auraliving, B and B Italia SPA, Boca Do Lobo, Defure Furniture Trading LLC, DelightFULL, Giorgio Armani S.
p.A ., Haworth Inc.
, Inter IKEA Holding BV, Lazzoni Furniture, Luma Inc., LVMH Moet Hennessy Louis Vuitton SE, MillerKnoll Inc., Minotti S.
p.A., Natuzzi SpA, Next Space LLC, Pan Emirates Home Furnishings, Poltrona Frau SPA, Scavolini S.
p.a., and Workspace.
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver The Middle East luxury furniture market is thriving, with trends including high-demand for lighting, tables, chairs and sofas, accessories, and bedroom furniture. Real estate developments and markets in the real estate sector continue to drive growth in the residential and commercial segments.
Oil price fluctuations impact the market, but consumers remain interested in luxury furniture pieces made from high-quality materials like metal, g.
