The UAE Commercial
Interior Fit Out was valued at USD1486.21 million in 2021 and is anticipated to
further ascend in the forecast period with a CAGR of 9.31% owing to the growing
construction & renovation activities and increasing demand for sustainable
buildings in the UAE.
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.
Rising Construction
Activities in UAE Driving the Market Growth
The UAE
Government has been making substantial investments towards Commercial
Infrastructure Development across the nation since 2013 in order to prepare the
country for the much-awaited Dubai Expo 2020. Anticipating massive foreign
investments after the Expo, many commercial projects are further being planned,
both by private and government investors. Office space supply is on a fast
track in the commercial hubs of UAE to attract multi-national conglomerates to
open their offices, thereby opening opportunities for Commercial Interior Fit
Out Market players to turn the interiors occupational and employee friendly.
Additionally, UAE’s vision to promote the travel & tourism in the country,
coupled with a dominant expat population has been attracting numerous
international brands to open their retail chains in the country, further
boosting demand for Commercial Interior Fit Out Professionals in the country.
Booming Hospitality and
Tourism in the Country
Over the last
decade, UAE has positioned itself to be one of most preferable leisure
destination for tourists worldwide, encouraging the government to invest
further on development of hospitality infrastructure in the country. As of 2019, the country’s
tourism revenue stood at USD49.1 billion, with the sector's overall
contribution to UAE’s GDP at 11.6%. Both Dubai and Abu Dhabi have been
witnessing new hotels being built along with various hotels being remodeled in
order to cater to the tourist’s footfall during and after the Dubai Expo-2020. Further,
Dubai’s plans to be the ‘most-visited’ city in the world is again a step
forward to further strengthen the country’s tourism infrastructure by addition
of various new spaces.
Government
Initiatives Supporting Infrastructure Development in UAE
The UAE’s Vision 2021 forms
the base for reducing the dependence of the country’s economy on oil revenue. The
country framed policies aiming at massive infrastructure investments,
diversified industries and a business-friendly environment. Attracting foreign
investments has been of prime importance as foreign investments boost the
country’s economy and further development of robust commercial infrastructure
to support the investments. Tourism & hospitality is a matter of
significance to the country. With visions like the ‘Dubai Tourism Strategy
2025’ and ‘Dubai 2040 Urban Master Plan’, the plans to boost Hospitality
infrastructure in the country is evident.
Increasing
Inclination towards Smart and Sustainable Built Environment
UAE has a large
population comprising the younger generation who have an increasing reliance on
technology. Additionally, with people spending more time indoors than outdoors,
a healthier built environment has become a matter of utmost importance,
especially after the COVID-19 pandemic. Thus, the concept of smart and
sustainable buildings is gaining traction across all commercial sectors in the
country. Furthermore, Green building regulations have been formulated and
enforced by the UAE government and the local governing bodies of Dubai and Abu
Dhabi, supporting the goal of UAE to reduce carbon footprint by 30% by 2030. Therefore,
a plethora of opportunities are likely to unbundle for the Commercial Interior
Fit Out Professionals of UAE in green building designing and relevant
installations.

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Market Segmentation
The UAE Commercial Interior
Fit Out Market is segmented by Application, by Ownership, by Region, and by Company. Based on Application, the market is
further fragmented into Offices, Retail, Education, Healthcare, Hotels &
Resort and Others. Based on Ownership, the market is bifurcated into Self-Owned
& Rented. The market analysis also studies the regional segmentation to
devise regional market segmentation, divided among Dubai and Abu Dhabi and
others.
Company Profiles
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 Our Market.
Attribute
|
Details
|
Market size value in 2021
|
USD 1486.21 Million
|
Revenue Forecast in 2027
|
USD 2577.67 Million
|
Growth Rate
|
9.31%
|
Base Year
|
2021
|
Historical Years
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023– 2027
|
Quantitative Units
|
Revenue in (USD Million) and CAGR for 2017-2021 and 2022E-2027F
|
Report Coverage
|
·
Revenue forecast, company
share, competitive landscape, growth factors, and trends
|
Segments Covered
|
·
Application
·
Ownership
·
Region
|
Regional Scope
|
Dubai, Abu Dhabi, Others
|
Key Companies Profiled
|
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
|
Customization Scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
Pricing and Purchase Options
|
Avail customized purchase
options to meet your exact research needs. Explore purchase
options
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/pdf format on special request)
|
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:
o
Hotels
& Resort
o
Offices
o
Retail
o
Healthcare
o
Education
o Others
·
UAE Commercial Interior
Fit Out Market, By Ownership:
o Self-Owned
o
Rented
- UAE Commercial Interior Fit Out
Market, By Region:
o Dubai
o Abu Dhabi
o 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).
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com