Images RetailME March – 2020

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The home and related market size for the MENA stood at $37 billion in 2018. The UAE recorded sales worth $2.5 billion in 2018 and projected to grow at a CAGR of 3%, reaching $2.9 billion by 2023. The home & housewares segment in Saudi Arabia reached double-digit growth in 2018. Going forward, the GCC interior design and fit-out industries are forecast to flourish as the demand for new residential properties, hotels, schools and hospitals continue to grow, reinforcing the region’s importance as one of the fastest-growing in the world.

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