UAE Commercial Interior Fit Out Market, By Application (Offices, Hotels & Resort, Retail, Healthcare, Education, & Others), By Ownership (Self Owned, Rented), By Region, Competition Forecast & Opportunities, 2017-2027

March 2022 | 114 pages | ID: U44EF7628D28EN
TechSci Research

Abstracts

UAE commercial interior fit out market was valued at USD1486.21 million in 2021 and is expected to grow with a CAGR of 9.31% during the forecast period, 2023-2027 on account of increasing demand for aesthetic looks and high prevalence of modern offices with interior designing appropriate for the technological adaptations. Moreover, growing construction industry and increasing demand for the sustainable buildings are also supporting the growth of the UAE commercial interior fit out market in the next five years. Also, supply and absorption of the commercial real estate and vacancy levels of existing spaces, in the country is also responsible for the growth of the UAE commercial interior fit out market in the future five years.

Commercial interior fit out refers to making a commercial interior space suitable for occupation. It describes the process by which the interior is renovated, built, decorated or furnished to meet the tenant’s occupancy requirements. Fit-out activities include installation of ceilings, partitions, furnishings, or any other improvements made to the interior of premises. Along with this, building services such as cabling, wiring, internet connectivity, and communication arrangements also fall under the fit-out process.

The UAE commercial interior fit out market is segmented by application, ownership, regional distribution, and company. Based on ownership, the market is further bifurcated into self-owned and rented. Self-owned infrastructures are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of rising disposable income among the population of the country. Increasing independence of the youth population, and increasing number of start-up plans turned into business, and higher gross economy all cumulate to the growth of the UAE commercial interior fit out market in the future five years. Also, increasing construction of commercial complexes further supports the growth of the UAE commercial interior fit out market in the next five years.

Bond Interiors LLC, Plafond Fit Out LLC, Al Tayer Stocks LLC, Xworks Interiors LLC, Horton Interiors, KPS, Summertown Interiors, BW Interiors, Al Nabooda Interiors LLC, The Fitout LLC, Al Shirawi Interiors, Arki Group Design, Depa Plc, Alec Fitout, are among the major market players in the UAE platform that lead the market growth of the UAE commercial interior fit out market.

Years considered for this report:

• Historical Years: 2017-2020
• Base Year: 2021
• Estimated Year: 2022
• Forecast Period: 2023–2027

Objective of the Study:

• To analyze the historical growth in the market size of UAE commercial interior fit out market from 2017 to 2021.
• To estimate and forecast the market size of UAE commercial interior fit out market from 2022 to 2027 and growth rate until 2027.
• To classify and forecast UAE commercial interior fit out market based on application, ownership, regional distribution, and company.
• To identify dominant region or segment in the UAE commercial interior fit out market.
• To identify drivers and challenges for UAE commercial interior fit out market.
• To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in UAE commercial interior fit out market.
• To identify and analyze the profile of leading players operating in UAE commercial interior fit out market.
• To identify key sustainable strategies adopted by market players in UAE commercial interior fit out market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the companies and presence of all major players across UAE.

TechSci Research calculated the market size of UAE commercial interior fit out market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Companies and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to commercial interior fit out
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as companies, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, UAE commercial interior fit out market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• UAE Commercial Interior Fit Out Market, By Application:
• Hotels & Resort
• Offices
• Retail
• Healthcare
• Education
• Others
• UAE Commercial Interior Fit Out Market, By Ownership:
• Self-Owned
• Rented
• UAE Commercial Interior Fit Out Market, By Region:
• Dubai
• Abu Dhabi
• Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in UAE commercial interior fit out market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. SERVICE OVERVIEW

2. RESEARCH METHODOLOGY

3. IMPACT OF MAJOR INDUSTRIES ON UAE COMMERCIAL INTERIOR FIT OUT MARKET

3.1. Impact of Healthcare Industry on UAE Commercial Interior Fit Out Market
3.2. Impact of Education Industry on UAE Commercial Interior Fit Out Market
3.3. Impact of Retail Industry on UAE Commercial Interior Fit Out Market
3.4. Impact of Hospitality Industry on UAE Commercial Interior Fit Out Market

4. EXECUTIVE SUMMARY

5. VOICE OF CUSTOMER

5.1. Brand Awareness
5.2. Key Factors for Selecting a Service Provider
5.3. Customer Satisfaction
5.4. Key Challenges faced

6. UAE COMMERCIAL INTERIOR FIT OUT MARKET OUTLOOK

6.1. Porter’s Five Force Analysis
6.2. Market Size & Forecast
  6.2.1. By Value
6.3. Market Share & Forecast
  6.3.1. By Application (Offices, Hotels & Resort, Retail, Healthcare, Education; & Others)
  6.3.2. By Ownership (Self Owned, Rented)
  6.3.3. By Region (Abu Dhabi, Dubai, Others)
  6.3.4. By Company (2021)
6.4. UAE Commercial Interior Fit Out Market Map
  6.4.1. By Application
  6.4.2. By Ownership
  6.4.3. By Region

7. DUBAI COMMERCIAL INTERIOR FIT OUT MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Application
  7.2.2. By Ownership
7.3. Smart City Initiatives in Dubai

8. ABU DHABI COMMERCIAL INTERIOR FIT OUT MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Application
  8.2.2. By Ownership
8.3. Smart City Initiatives in Abu Dhabi

9. MARKET DYNAMICS

9.1. Drivers
9.2. Challenges

10. MARKET TRENDS AND DEVELOPMENTS

10.1. Growing Smart Cities Concept
10.2. Increasing Technological Integration
10.3. Booming Tourism & Hospitality Sector
10.4. Rising Focus on Outsourcing
10.5. Surging Foreign Direct Investments

11. POLICY AND REGULATORY LANDSCAPE

11.1. Impact of Government Policy on UAE Commercial Interior Fit Out Market
11.2. Impact of EXPO 2020 on UAE Commercial Interior Fit Out Market
11.3. Tax Credit, Financial Incentive and Subsidies

12. SUPPLY CHAIN ANALYSIS

13. UAE ECONOMIC PROFILE

14. COMPANY PROFILES

14.1. Bond Interiors LLC
14.2. Plafond Fit Out LLC
14.3. Al Tayer Stocks LLC
14.4. Xworks Interiors LLC
14.5. Horton Interiors
14.6. KPS
14.7. Summertown Interiors LLC
14.8. BW Interiors
14.9. Al Nabooda Interiors LLC
14.10. The Fitout LLC
14.11. Al Shirawi Interiors
14.12. Arki Group Design
14.13. Depa Plc
14.14. Alec Fitout

15. MARKET STRATEGY

15.1. Branding
15.2. Brand Positioning
15.3. Best Practices

16. STRATEGIC RECOMMENDATIONS

List Of Tables

LIST OF TABLES

Table 1: List of Tallest Buildings in UAE
Table 2: Most Sustainable Buildings in UAE
Table 3: Upcoming Mega Projects in UAE
Table 4: List of Major Hospitals in UAE
Table 5: Major Hotel Brands in UAE
Table 6: Number of Total Completed Buildings in Dubai in 2020
Table 7: Number of New Completed Buildings in Dubai in H1, 2021
Table 8: Number of Hotels and Hotel Apartment Buildings in Dubai Till Q1 and Q2, 2021
Table 9: Number of Hotel Rooms and Hotel Apartments Rooms in Dubai Till Q1 and Q2, 2021

List Of Figures

LIST OF FIGURES

Figure 1: UAE Commercial Interior Fit Out Market Size, By Value (USD Million), 2017-2027F
Figure 2: Total Number of Hotel Rooms in UAE (Thousand Units), 2016-2021
Figure 3: UAE Commercial Interior Fit Out Market Share, By Application, By Value, 2017-2027F
Figure 4: UAE Commercial Interior Fit Out Market Share, By Ownership, By Value, 2017-2027F
Figure 5: UAE Commercial Interior Fit Out Market Share, By Region, By Value, 2017-2027F
Figure 6: UAE Commercial Interior Fit Out Market Share, By Company, By Value, 2021
Figure 7: UAE Commercial Interior Fit Out Market Map, By Application, Market Size (USD Million) & Growth Rate (%), 2021
Figure 8: UAE Commercial Interior Fit Out Market Map, By Ownership, Market Size (USD Million) & Growth Rate (%), 2021
Figure 9: UAE Commercial Interior Fit Out Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021
Figure 10: Dubai Commercial Interior Fit Out Market Size, By Value (USD Million), 2017-2027F
Figure 11: Dubai Commercial Interior Fit Out Market Share, By Application, By Value, 2017-2027F
Figure 12: Dubai Commercial Interior Fit Out Market Share, By Ownership, By Value, 2017-2027F
Figure 13: Value of Construction Contracts Awarded in UAE (USD Billion), By Sector, 2020 and 2021
Figure 14: Total Budget Allocated in Dubai, By Sector, 2021
Figure 15: Abu Dhabi Commercial Interior Fit Out Market Size, By Value (USD Million), 2017-2027F
Figure 16: Abu Dhabi Commercial Interior Fit Out Market Share, By Application, By Value, 2017-2027F
Figure 17: Abu Dhabi Commercial Interior Fit Out Market Share, By Ownership, By Value, 2017-2027F