Future GCC Furniture Rental Market: Key Dynamics, Size & Share Analysis

GCC Furniture Rental Market is estimated to grow at a CAGR of around 7.35% during the forecast period, i.e., 2024-30, due to the significant construction of hotels, multi-cuisine restaurants, resorts, etc. The retail & hospitality sector would likely foresee significant growth in the GCC Furniture Rental Market in the forecast years, as the inbound tourists are rising across the region mainly for occupational purposes.

Top Challenges Impacting the GCC Furniture Rental Market Growth

Lack of Awareness and Poor Advertising about Furniture Rental Services – In the GCC region, inadequate awareness about furniture rental and poor advertising negatively impact the market growth. The lack of awareness among the population about furniture rental services leads customers to stick with the traditional approach of buying expensive furniture. This leads to a drastic impact on the potential growth of the furniture rental market in the region.

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Understanding the Core Segments in the GCC Furniture Rental Market

GCC Furniture Rental Market Size, Share & Industry Trends Analysis- By Product Type (Indoor Furniture, [Bedroom Furniture, Dining Furniture, Office Furniture, Kitchen Furniture, Living Room Furniture, Storage Furniture], Outdoor Furniture), By Type of Furniture (Bed, Sofa & Couch, Table & Desk, Chair & Stool, Wardrobes & Dresser, Others (Nightstand, storage benches, etc.)), By Material (Wood, Plastic, Others (Leather, Glass, Metal, etc.)), By End-Users (Residential, Offices, Healthcare Sector, Retail, Others (Government Agencies, Entertainment sector, etc.)), By Country (The UAE, Saudi Arabia, Oman, Qatar, Kuwait, Bahrain), By Company (ARREKA, Arena Group PLC, Innovative Hiring, Style Works, Risala Furniture, CORT, Chapter One, Indigo Living Limited, Lafeef, The Furniture Rental Company and others

Geographical Analysis of the GCC Furniture Rental Market

• The UAE
• Saudi Arabia
• Oman
• Qatar
• Kuwait
• Bahrain

The UAE dominates the GCC Furniture Rental Market with a considerable share during the period of 2019-2023.

Who Dominates the GCC Furniture Rental Market Insights on Key Industry Players?

Companies are strengthening their presence in the GCC Furniture Rental market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

• AREEKA
• Arena Group PLC
• Innovative Hiring
• Style Works
• Risala Furniture
• CORT
• Chapter One
• Indigo Living Limited
• Lafeef
• The Furniture Rental Company
• Others

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