GCC Furniture Rental Market Outlook 2030: Leading Companies & Share Insights

3 weeks ago

GCC Furniture Rental Market Size & Insights

According to MarkNtel Advisors study The future of 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.

What are the Key Driver in the GCC Furniture Rental Market?

Positioning of GCC as an Event Hub to Promote the Furniture Rental Market – The GCC region has long been a global hub for hosting & organizing major international events. With the rise of the UAE, Saudi Arabia, Qatar, etc., as an event hub, the number of furniture rental companies has increased across the region. Hosting numerous events, conferences, trade shows, and exhibitions in the GCC requires a vast amount of event furniture, including seating, booths, tables, and décor. Event organizers opt for furniture rental to create visually appealing and functional event spaces. Thus, upcoming events are acting as a driving force for equipment rental companies, opening up a massive potential market for furniture rental companies across the GCC region.

Furthermore, the UAE, Saudi Arabia, Qatar, etc., government is pushing its capabilities to increase the number of events held in the country each year. For instance, the DBE (Dubai Business Events) captured around 120 events in 2021 and now plans to capture over 400 global events in 2025. Such initiatives for substantial growth in the event sector increase the market size of outdoor furniture and it is anticipated to elevate the GCC Furniture Rental Market in the coming years.

What are the Key Segments in the GCC Furniture Rental Market?

The GCC Furniture Rental is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Product Type
- Indoor Furniture- Market Size & Forecast 2019-2030, (USD Million)
  - Bedroom Furniture- Market Size & Forecast 2019-2030, (USD Million)
  - Dining Furniture- Market Size & Forecast 2019-2030, (USD Million)
  - Office Furniture- Market Size & Forecast 2019-2030, (USD Million)
  - Kitchen Furniture- Market Size & Forecast 2019-2030, (USD Million)
  - Living Room Furniture- Market Size & Forecast 2019-2030, (USD Million)
  - Storage Furniture- Market Size & Forecast 2019-2030, (USD Million)
- Outdoor Furniture- Market Size & Forecast 2019-2030, (USD Million)
By Type of Furniture
- Bed- Market Size & Forecast 2019-2030, (USD Million)
- Sofa & Couch- Market Size & Forecast 2019-2030, (USD Million)
- Table & Desk- Market Size & Forecast 2019-2030, (USD Million)
- Chair & Stool- Market Size & Forecast 2019-2030, (USD Million)
- Wardrobes & Dresser- Market Size & Forecast 2019-2030, (USD Million)
- Others (Nightstand, storage benches, etc.)- Market Size & Forecast 2019-2030, (USD Million)
By Material
- Wood- Market Size & Forecast 2019-2030, (USD Million)
- Plastic- Market Size & Forecast 2019-2030, (USD Million)
- Others (Leather, Glass, Metal, etc.)- Market Size & Forecast 2019-2030, (USD Million)

During 2019-2023, the demand for wood-based rental furniture witnessed considerable growth in the GCC Furniture Rental Market. Wooden furniture offers customization to match specific interior design requirements as compared to others. Rental providers offer different wood finishes and styles to meet customer preferences and the overall aesthetic of the rental property.

Boost Your Company’s Decisions by Getting a Free Sample Right Away- https://www.marknteladvisors.com/query/request-sample/gcc-furniture-rental-market.html

By End-Users
- Residential- Market Size & Forecast 2019-2030, (USD Million)
- Offices- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare Sector- Market Size & Forecast 2019-2030, (USD Million)
- Retail- Market Size & Forecast 2019-2030, (USD Million)
- Others (Government Agencies, Entertainment sector, etc.)- Market Size & Forecast 2019-2030, (USD Million)

How does geographical analysis highlight in the GCC Furniture Rental market?

By Country
- 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 are the Key Players in GCC Furniture Rental Market?

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

Browse Full Reports – https://www.marknteladvisors.com/research-library/gcc-furniture-rental-market.html

Key pillars of the research methodology include:

Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.
Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

“Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide,” said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

In-depth Market Analysis: Understand trends and dynamics shaping growth.
Segmented Insights: Target specific segments for focused strategies.
Geographical Performance: Assess market opportunities by geographic area.
Emerging Technologies: Discover advancements like AI integration.
Risk Identification: Pinpoint challenges to inform strategic planning.
Future Forecasts: Prepare for market changes with actionable projections.

Gain exclusive access to our comprehensive insights on the Future of GCC Furniture Rental Market. With tailored licensing options, including Mini Report Pack, Excel Data Pack, Single User, Multiuser, and Enterprise Packs, our research empowers organizations to navigate dynamic market trends effectively.

Select a License That Matches Your Business Requirements with Instant Offer – https://www.marknteladvisors.com/pricing/gcc-furniture-rental-market.html

Our Trusted Experts Are Here to Help:

At MarkNtel Advisors, we are committed to delivering data-driven insights and strategic intelligence that empower your business decisions. Whether you have a question, need customized research, or want to explore partnership opportunities, our team is here to support you every step of the way.

Reach Us:

MarkNtel Advisors

Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Contact No: +91 8719999009

Email: sales@marknteladvisors.com

Visit our Website: https://www.marknteladvisors.com

Trending Blogs – https://www.marknteladvisors.com/blogs