DUBLIN–(BUSINESS WIRE)–The “UAE Interior Fit Out Market, By Application (Residential, Hospitality, Commercial, Retail, Education, Healthcare, Others), By Ownership (Self Owned, Rented), By Region, Competition, Forecast & Opportunities, 2017-2027F” report has been added to ResearchAndMarkets.com’s offering.
The UAE Interior Fit Out Market valued at USD1589.01 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 4.85% owing to growing urbanization. The high disposable income of the consumers and favorable government policies to provide quality living conditions are further driving the growth of the UAE Interior Fit Out Market. Also, the use of advanced materials and technologies in the renovation or construction process is expected to have a significant influence on increasing the UAE Interior Fit Out Market demand in the next five years.
UAE witnesses a large footfall of tourists every year as it is one of the most popular tourist destinations across the globe. UAE has several attractive and technologically advanced theme parks, skyscrapers, and shopping malls in the country, which lures a massive number of local and international travellers on a daily basis. Also, the leading authorities of the UAE invest significant amounts in the infrastructure development of the country. The rapid growth of the commercial sector is expected to create new growth avenues for the UAE Interior Fit Out Market in the forecast period. The development of a large number of decorative offices and working spaces and the construction of lavish hotels and restaurants are supporting the demand for interior fit out services in the UAE.
The UAE Interior Fit Out Market is segmented into application, ownership, regional distribution, and competitive landscape. Based on ownership, the market is divided into self owned and rented. Self owned ownership segment led the market in 2021 by holding 55.28% of the overall market share. It is expected to maintain its dominance through the next five years. Owners of any residential, commercial, or industrial space prefer to spend a significant amount on modernizing and renovating the building to keep it in good shape. Also, by availing of the services of interior fit out, the interior of any living space becomes more visually appealing, which makes the selling or renting process easier for the owners of that space.
Market Trends and Developments
- Growing Smart Cities Concept
- Increasing Technological Integration
- Booming Tourism & Hospitality Sector
- Rising Focus on Outsourcing
- Surging Foreign Direct Investments
Key Target Audience:
- Interior fit out service providers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to interior fit out
Report Scope:
In this report, the UAE Interior Fit Out Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
UAE Interior Fit Out Market, By Application:
- Residential
- Hospitality
- Commercial
- Retail
- Education
- Healthcare
- Others
UAE Interior Fit Out Market, By Ownership:
- Self Owned
- Rented
UAE Interior Fit Out Market, By Region:
- Dubai
- Abu Dhabi
- Sharjah
- Other Emirates
Key Topics Covered:
1. Service Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on UAE Interior Fit Out Market
5. Voice of Customer
6. UAE Interior Fit Out Market Outlook
7. Dubai Interior Fit Out Market Outlook
8. Abu Dhabi Interior Fit Out Market Outlook
9. Sharjah Interior Fit Out Market Outlook
10. Market Dynamics
11. Market Trends and Developments
12. Policy and Regulatory Landscape
13. Supply Chain Analysis
14. UAE Building Construction and Interior Market Overview
15. Analyst View
16. Import-Export Analysis
17. UAE Economic Profile
18. Company Profiles
19. Strategic Recommendations
20. About Us & Disclaimer
Companies Mentioned
- Bond Interiors LLC
- A&T Group Interiors
- Al Tayer Stocks LLC
- Xworks Interior LLC
- Horton Interiors
- Kinnarps Project Solutions LLC
- Summertown Interiors
- BW Interiors
- Al Nabooda Interiors LLC
- The Fitout LLC
- Al Shirawi Contracting Company LLC
- ARKI Group Design LLC
- Depa Plc
- Alec Fitout
- GDM Interiors
For more information about this report visit https://www.researchandmarkets.com/r/byvwe3
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