Outdoor Furniture - Qatar

Qatar

In Qatar, the revenue generated in the Outdoor Furniture market in 2024 amounts to US$81.72m QAR.
It is projected that the market will experience an annual growth rate of 3.44% (CAGR 2024-2029).
When compared to other countries worldwide, United States leads in terms of revenue generation, with US$18,450m QAR in 2024.
When considering the total population, per person revenues of US$29.86 QAR are generated in 2024.
Qatar's outdoor furniture market is experiencing a surge in demand due to the country's thriving tourism industry and emphasis on creating luxurious outdoor spaces.

Key regions: United States, Worldwide, Germany, India, Denmark

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Analyst Opinion

The Outdoor Furniture market in Qatar has been experiencing steady growth in recent years. Customer preferences have shifted towards outdoor living spaces, leading to increased demand for outdoor furniture. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of this market.

Customer preferences: in Qatar have been influenced by the country's warm climate and a growing emphasis on outdoor living. Qatar experiences long, hot summers, making outdoor spaces an attractive option for residents to relax and entertain. As a result, there has been a rising demand for outdoor furniture that is both functional and aesthetically pleasing. Customers in Qatar prefer durable and weather-resistant materials such as aluminum, teak, and synthetic wicker for their outdoor furniture. They also value comfort and convenience, with features like adjustable seating and built-in storage becoming increasingly popular. Trends in the market reflect a growing interest in creating outdoor living spaces that seamlessly blend with the surrounding environment. Minimalist and contemporary designs are in high demand, with customers opting for sleek and streamlined furniture pieces. Modular furniture sets that can be easily rearranged to fit different outdoor spaces are also gaining popularity. Additionally, there is a growing trend towards incorporating sustainable materials and eco-friendly practices in the production of outdoor furniture.

Local special circumstances: in Qatar have contributed to the development of the Outdoor Furniture market. The country's rapid urbanization and infrastructure development have led to an increase in the number of residential and commercial properties with outdoor spaces. This has created a significant market for outdoor furniture, as property owners seek to enhance the functionality and aesthetics of their outdoor areas. Furthermore, qatar's status as a popular tourist destination has also contributed to the growth of the market, as hotels and resorts invest in high-quality outdoor furniture to attract guests.

Underlying macroeconomic factors: have also played a role in the development of the Outdoor Furniture market in Qatar. The country's strong economy, driven by its oil and gas industry, has resulted in increased disposable income among residents. This has allowed individuals to invest in outdoor furniture as a way to enhance their lifestyle and create inviting outdoor spaces. Additionally, government initiatives to promote tourism and attract foreign investment have further stimulated the market, as new hotels, resorts, and commercial developments require outdoor furniture to furnish their outdoor areas. In conclusion, the Outdoor Furniture market in Qatar has experienced growth due to customer preferences for outdoor living spaces, local special circumstances such as urbanization and tourism, and underlying macroeconomic factors like a strong economy and government initiatives. As the demand for outdoor furniture continues to rise, manufacturers and retailers in Qatar have the opportunity to capitalize on this trend by offering innovative and high-quality products that cater to the specific needs and preferences of customers in the country.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.