- The furniture market in the UAE is on the rise, projected
to generate a revenue of AED 14 billion in 2024
DUBAI, UAE, May 17, 2024 /PRNewswire/ -- Hive Furniture Show,
the GCC's only dedicated event focusing on big-box retailers
and wholesale traders, announces its fourth edition with 215 global
exhibitors who will showcase their collections, spanning furniture
pieces for offices, living rooms, dining rooms, bedrooms, and
outdoor furniture. The 2024 edition will return to Expo Centre
Sharjah from 21 – 24 May.
Showcasing exquisitely curated furniture from around the world,
Hive Furniture Show will grant buyers from over 45 countries the
opportunity to explore the latest furniture trends and network with
manufacturers from across the globe under one roof.
The show also introduces Hive Conclave for the first time, which
hosts leading players in the furniture industry to shed light on
the latest trends and highlight the furniture industry's insights
in the region.
Gautam Mulani, co-founder of Hive
Furniture Show, said: "We look forward to host the new edition of
Hive Furniture Show, and to be able to grow the exhibition each
year to cater to the ever-growing needs of consumers across the
region. The furniture market in the UAE is dynamic and experiencing
growth as a result of higher incomes, population growth, and the
UAE being a preferred destination by expats to work and live
in."
Manish Bhatia, co-founder of Hive
Furniture Show, said: "The furniture market size in the UAE has
been growing in the past years, and is expected to generate a AED
14 billion revenue in 2024 at an annual growth rate of 0.67% (CAGR
2024-2029). At Hive, we are geared up to accommodate consumers'
needs by providing them with the most premium products and designs
by top manufacturers from across the globe. We are confident that
Hive Furniture Show will grow further over the coming years to
cater to the growing regional demand for quality furniture."
The furniture business in the UAE is one of the major businesses
uplifted by the real estate sector. With the increased demand for
residential properties, consumers are increasing their spending on
home renovations, such as living rooms and kitchens, and are
investing in higher-quality furniture products.
With its impressive lineup of exhibitors and innovative
additions like the Hive Conclave, this event promises to be an
invaluable platform for industry players and furniture enthusiasts
alike.
View original
content:https://www.prnewswire.co.uk/news-releases/hive-furniture-show-announces-fourth-edition-hosts-215-global-exhibitors-302148921.html