Did you know that the UAE Government has put the right fundamentals in place to support the country's role as the regional trading hub for interior products?
- A virtually tax-free environment
- Free trading platforms
- A thriving hospitality sector
- A strong performing tourism industry
- A growing number of businesses relocating to the UAE
Together with the proximity to emerging markets like the GCC Region and the Indian sub-continent, these factors contribute to an ongoing demand for furniture and interior products.
General imports account for around 90% of consumption in the UAE. Of the US$ 3.3 billion total UAE imports in 2008, general furniture represented US$1.11 billion, fabrics and floor coverings accounted for US$1.05 billion, lighting for US$742 million and ceramics for US$420 million. The UAE as well as Kuwait and Saudi Arabia are significant furniture importers and feature major construction sectors, therefore offering profitable prospects for furniture exporters, both in the low and high end markets.
The Interiors Sector (extract from dmg's Market Report Dubai)