Gcc Furniture Rental Market

GCC Furniture Rental Market, By Type (Residential Furniture, Office/Commercial Furniture, Event Furniture); By Material (Wood, Metal, Plastic, Glass, Others); By End User (Individual/Residential Customers, Corporate Clients, Hospitality Industry (Hotels, Service Apartments), Event Management Companies, Educational Institutions, Co-living/Co-working Spaces, Others); By Country (Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman), Trend Analysis, Competitive Landscape & Forecast, 2019–2031
- Published Date: March 2025
- Report ID: BWC25186
- Available Format: PDF
- Page: 280
Report Overview
The growing expat population, booming real estate and hospitality sectors, and a rising trend of minimalism and lifestyle flexibility are expected to drive GCC Furniture Rental Market during the forecast period between 2025 and 2031.
GCC Furniture Rental Market – Industry Trends & Forecast Report, 2031
GCC Furniture Rental Market size was estimated at USD 13.64 billion in 2024. During the forecast period between 2025 and 2031, GCC Furniture Rental Market size is projected to grow at a CAGR of 8.67% reaching a value of USD 24.41 billion by 2031. Prominent drivers of the market include the rising demand for flexible and cost-effective furniture solutions across the GCC region, particularly in countries like the UAE and Saudi Arabia. Consumers are increasingly shifting toward rental options to avoid the high costs and long-term commitments associated with permanent furniture purchases. This trend is further supported by the rapid growth of e-commerce, driven by widespread smartphone adoption and a surge in internet users, which has made renting furniture more accessible and convenient. Additionally, the frequent hosting of events such as weddings, corporate gatherings, and private celebrations has increased the need for temporary, theme-based furniture setups, fueling market demand. Urbanization and the growing number of working professionals relocating to major cities like Dubai, Abu Dhabi, and Doha have also contributed to the preference for rented furniture as a practical and affordable solution. Collectively, these factors are expected to drive sustained growth in the GCC Furniture Rental Market over the forecast period.
Furniture Rental – Overview
Furniture rental refers to the service of leasing furniture for a specified period, either short-term or long-term, instead of purchasing it outright. The flexible rental solution is popular among individuals, businesses, and event planners seeking cost-effective, temporary furnishing options. It allows customers to access a wide variety of styles and designs without the commitment of ownership. Furniture rental is commonly used during relocations, home staging, corporate events, or when furnishing temporary living or office spaces. The service often includes delivery, setup, and maintenance, making it a convenient and affordable alternative to buying new furniture, especially in dynamic or transitional lifestyles.
GCC Furniture Rental Market
Growth Drivers
Rising Trend of Minimalism and Lifestyle Flexibility
The rising adoption of minimalist living and lifestyle flexibility is significantly propelling the growth of the GCC Furniture Rental Market. In dynamic urban hubs like Dubai, residents—especially younger professionals and expatriates—are increasingly embracing clutter-free, functional spaces that reflect both elegance and simplicity. This shift in preference toward modern, adaptable interiors rooted in minimalism has amplified the demand for rental furniture solutions that offer quality, versatility, and affordability without long-term commitment. Contemporary trends, including biophilic elements, neutral color palettes, and multi-functional designs, are now seamlessly integrated into rental offerings, catering to consumers seeking style with flexibility. As a result, furniture rental is emerging as a smart, sustainable, and convenient choice for today’s evolving lifestyles across the GCC.
Challenges
Limited Consumer Awareness
Limited consumer awareness remains a key challenge restraining the growth of GCC Furniture Rental Market. Despite the rising demand for flexible living solutions, many consumers remain unfamiliar with the concept and benefits of renting furniture. Misconceptions regarding quality, hygiene, and availability further deter potential customers. Additionally, limited marketing efforts and lack of visibility across digital platforms contribute to low market penetration. This lack of awareness prevents wider adoption, especially among traditional buyers who prefer owning over renting. To overcome this barrier, companies must invest in consumer education and targeted promotions to highlight the convenience, cost-efficiency, and flexibility of furniture rental.
Impact of Escalating Geopolitical Tensions on GCC Furniture Rental Market
Escalating geopolitical tensions can significantly impact GCC Furniture Rental Market. Heightened uncertainty may lead to reduced foreign investments, slower economic growth, and cautious consumer spending—factors that directly affect the demand for rented furniture. Expats and multinational corporations, key drivers of the market, may delay relocation or expansion plans, lowering short-term rental requirements. Supply chain disruptions and increased import costs due to geopolitical instability can also challenge inventory availability and pricing. Furthermore, fluctuating oil prices and regional policy shifts may influence business confidence. These factors collectively hinder market momentum, making it essential for industry players to adopt flexible, risk-mitigation strategies.
GCC Furniture Rental Market
Segmental Coverage
GCC Furniture Rental Market – By Type of Furniture
Based on type of furniture, GCC Furniture Rental Market is divided into Residential Furniture, Office/Commercial Furniture, and Event Furniture segments.
GCC Furniture Rental Market – By Material
By material, GCC Furniture Rental Market is divided into Wood, Metal, Plastic, Glass, and other materials segments. The wood segment holds the highest share in GCC Furniture Rental Market by material. Wooden furniture stands out for its high level of customization, making it ideal for meeting specific interior design requirements. Unlike other materials, it allows rental providers to offer a wide range of finishes and styles, catering to diverse customer tastes while enhancing the aesthetic value of rental spaces. Additionally, wooden sofas, chairs, and couches often come with comfortable upholstery, combining visual appeal with functionality. This fusion of style and comfort makes wooden furniture a preferred choice for temporary setups, such as short-term offices, meetings, or events.
GCC Furniture Rental Market – By End User
On the basis of end user, GCC Furniture Rental Market is divided into Individual/Residential Customers, Corporate Clients, Hospitality Industry (Hotels, Service Apartments), Event Management Companies, Educational Institutions, Co-living/Co-working Spaces, and other end users segments.
GCC Furniture Rental Market – By Country
The in-depth research report on the GCC Furniture Rental Market covers the market in the countries in the region: Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain. UAE holds the highest share in GCC Furniture Rental Market and is expected to maintain its dominance during the forecast period. It is driven largely by the rapid development of its hospitality sector in key cities like Abu Dhabi and Dubai. As a regional hub for various high-profile events, including corporate conferences, exhibitions, and international sports gatherings, the demand for rental furniture continues to rise. Notably, Dubai witnessed a 44% increase in business events during the first half of 2023, hosting 143 events. Additionally, the expanding healthcare sector further supports market growth. Continued investments in healthcare infrastructure are expected to boost the demand for rental furniture across the GCC.
Competitive Landscape
Major players operating in GCC Furniture Rental Market include Indigo Living Limited, ARREKA, The Furniture Rental Company, Chapter One, Innovative Hiring, Arena Group PLC, Risala Furniture, Lafeef, Style Works, and CORT. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2031 |
Base Year – 2024 |
|
Estimated Year – 2025 |
|
Forecast Period – 2025–2031 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman |
Product/ Service Segmentation |
Type of Furniture, Material, End-User |
Key Players |
Indigo Living Limited, ARREKA, The Furniture Rental Company, Chapter One, Innovative Hiring, Arena Group PLC, Risala Furniture, Lafeef, Style Works, CORT |
By Type of Furniture
-
Residential Furniture
-
Office/Commercial Furniture
-
Event Furniture
By Material
-
Wood
-
Metal
-
Plastic
-
Glass
-
Others
By End User
-
Individual/Residential Customers
-
Corporate Clients
-
Hospitality Industry (Hotels, Service Apartments)
-
Event Management Companies
-
Educational Institutions
-
Co-living/Co-working Spaces
-
Others
By Country
-
Saudi Arabia
-
UAE
-
Qatar
-
Bahrain
-
Kuwait
-
Oman
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- GCC Furniture Rental Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Growing Expat Population
- Booming Real Estates and Hospitality Sectors
- Rising Trend of Minimalism and Lifestyle Flexibility
- Restraints
- Limited Consumer Awareness
- Logistical & Maintenance Issues
- Opportunities
- Digital Transformation and E-commerce Integration
- Corporate Tie-ups and Events
- Challenges
- Intense Competition and Price Wars
- Regulatory and Cultural Barriers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Industry Value Chain Analysis
- GCC Furniture Rental Market: Marketing Strategies
- GCC Furniture Rental Market: Pricing Analysis
- GCC Furniture Rental Market Overview
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- Residential Furniture
- Office/Commercial Furniture
- Event Furniture
- By Material
- Wood
- Metal
- Plastic
- Glass
- Others
- By End User
- Individual/Residential Customers
- Corporate Clients
- Hospitality Industry (Hotels, Service Apartments)
- Event Management Companies
- Educational Institutions
- Co-living/Co-working Spaces
- Others
- By Country
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
- By Type of Furniture
- Market Size & Forecast, 2019–2031
- Saudi Arabia Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By End User
- Market Size & Forecast, 2019–2031
- UAE Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By End User
- Market Size & Forecast, 2019–2031
- Qatar Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By End User
- Market Size & Forecast, 2019–2031
- Bahrain Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By End User
- Market Size & Forecast, 2019–2031
- Kuwait Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By End User
- Market Size & Forecast, 2019–2031
- Oman Furniture Rental Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- Market Share & Forecast
- By Type of Furniture
- By Material
- By End User
- Market Size & Forecast, 2019–2031
- Competitive Landscape
- List of Key Players and Their Types
- GCC Furniture Rental Company Market Share Analysis, 2024
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- Impact of Escalating Geopolitical Tensions on GCC Furniture Rental Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Indigo Living Limited
- ARREKA
- The Furniture Rental Company
- Chapter One
- Innovative Hiring
- Arena Group PLC
- Risala Furniture
- Lafeef
- Style Works
- CORT
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Country
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 GCC Furniture Rental Segmentation
Figure 2 GCC Furniture Rental Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2024
Figure 4 GCC Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Figure 5 GCC Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Figure 6 GCC Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Figure 7 GCC Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Figure 8 GCC Furniture Rental Market Share, By Country, By Value (USD Billion), 2019−2031
Figure 9 Saudi Arabia Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Figure 10 Saudi Arabia Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Figure 11 Saudi Arabia Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Figure 12 Saudi Arabia Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Figure 13 UAE Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Figure 14 UAE Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Figure 15 UAE Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Figure 16 Qatar Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Figure 17 Qatar Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Figure 18 Qatar Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Figure 19 Qatar Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Figure 20 Bahrain Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Figure 21 Bahrain Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Figure 22 Bahrain Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Figure 23 Bahrain Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Figure 24 Bahrain Furniture Rental Market Share, By Organization Size, By Value (USD Billion), 2019−2031
Figure 25 Bahrain Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Figure 26 Bahrain Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Figure 27 Bahrain Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Figure 28 Kuwait Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Figure 29 Kuwait Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Figure 30 Kuwait Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Figure 31 Oman Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Figure 32 Oman Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Figure 33 Oman Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
List of Tables
Table 1 GCC Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Table 2 GCC Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Table 3 GCC Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Table 4 GCC Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Table 5 GCC Furniture Rental Market Share, By Country, By Value (USD Billion), 2019−2031
Table 6 Saudi Arabia Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Table 7 Saudi Arabia Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Table 8 Saudi Arabia Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Table 9 Saudi Arabia Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Table 10 UAE Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Table 11 UAE Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Table 12 UAE Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Table 13 Qatar Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Table 14 Qatar Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Table 15 Qatar Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Table 16 Qatar Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Table 17 Bahrain Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Table 18 Bahrain Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Table 19 Bahrain Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Table 20 Bahrain Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Table 21 Bahrain Furniture Rental Market Share, By Organization Size, By Value (USD Billion), 2019−2031
Table 22 Bahrain Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Table 23 Bahrain Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Table 24 Bahrain Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Table 25 Kuwait Furniture Rental Market Size, By Value (USD Billion), 2019−2031
Table 26 Kuwait Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Table 27 Kuwait Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Table 28 Oman Furniture Rental Market Share, By Type of Furniture, By Value (USD Billion), 2019−2031
Table 29 Oman Furniture Rental Market Share, By Material, By Value (USD Billion), 2019−2031
Table 30 Oman Furniture Rental Market Share, By End User, By Value (USD Billion), 2019−2031
Table 31 Indigo Living Limited Company Overview
Table 32 Indigo Living Limited Financial Overview
Table 33 ARREKA Company Overview
Table 34 ARREKA Financial Overview
Table 35 The Furniture Rental Company: Company Overview
Table 36 The Furniture Rental Company Financial Overview
Table 37 Chapter One Company Overview
Table 38 Chapter One Financial Overview
Table 39 Innovative Hiring Company Overview
Table 40 Innovative Hiring Financial Overview
Table 41 Arena Group PLC Company Overview
Table 42 Arena Group PLC Financial Overview
Table 43 Risala Furniture Company Overview
Table 44 Risala Furniture Financial Overview
Table 45 Lafeef Company Overview
Table 46 Lafeef Financial Overview
Table 47 Style Works Company Overview
Table 48 Style Works Financial Overview
Table 49 CORT Company Overview
Table 50 CORT Financial Overview
Market Segmentation
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