Overview of the Qatar Furniture Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “Qatar Furniture Market By Material Plastic, Wood, Metal, By Product Categories (Indoor Furniture [Bedroom Furniture, Dining Furniture, Home Office Furniture, Kitchen Furniture, Living Room Furniture, Sitting Furniture, Storage Furniture], Outdoor Furniture), By End-Users, (Residential Furniture, Office, Hospitality, Healthcare, Retail, Others), By Distribution Channel (Offline, [Specialty Stores, Hypermarkets & Supermarkets, Others], Online Stores), The Qatar Furniture market is projected to grow at a CAGR of around 5.63% during the forecast period, i.e., 2023-28. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Qatar Furniture Market Growth and Scope:
Base Year: 2022
Forecast Period: 2023-28
Historical Data: 2018-21
CAGR (2023-2028): 5.63%
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Qatar Furniture Market Key Trend:
Growing Prominence of Online Sales - The growth in online retail stores in various sectors, such as apparel, home appliances, etc., has had a positive impact on the sales. Many brands, like The One Qatar, Home Centre, etc., have now started their operations online as well, with easy return & replacement policies. Apart from it, numerous online websites have hi-tech virtual reality (VR) & artificial intelligence (AI) embedded in them, allowing customers to have a real-life experience of buying furniture from the stores. Further, online platforms also provide the 3D feature to check if a particular type would suit their house decor or not. Thereby increasing online sales & positively impacting the market in the coming years. For instance, IKEA Qatar offers a full range of furniture services online right from selection to professional consultation, delivery, and assembly.
A Comprehensive Analysis of Leading Companies of Qatar Furniture Market by MarkNtel Advisors:
- Tivoli Furniture
- Almuftah Group
- Al Rugaib Furniture
- IKEA
- HomeCenter
- Marina Home
- Danube Home
- Almana Maple
- Decoration World
- Depa Qatar
- The One
- Home RUs
Key Qatar Furniture Market Segmentation:
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/qatar-furniture-market.html
-By Material
- Plastic
- Wood
- Metal
The furniture articles that are made of Wood have been dominating the market over the past years.
-By Distribution Channel
- Offline Stores
- Online Stores
Offline Furniture Stores have had a dominant share in the Qatar Furniture market during the historical years as customers find it very convenient to go to a store & physically look for their choice of furniture.
-By Product Categories
- Indoor Furniture
- Outdoor Furniture
-By End-Users
- Residential Furniture
- Office
- Hospitality
- Healthcare
- Retail
- Others (Education, Rental Companies, etc.)
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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