Expo 2020 is going to be beneficial for many sectors and a big opportunity for companies to be known by many key buyers which can potentially increase revenue.
The construction of 60 new resorts to welcome the expected 25 million visitors offer the interior and outdoor furnishings stores in UAE and specifically in Dubai wide chances. Over 450 new restaurants will certainly open, and numerous existing ones will want to restore their decor and give a far better image with brand-new indoor and exterior furniture.
Experts foresee a big growth in the furnishings production industry. However, they are not the just one benefiting from this expo.
The media, telecommunications, tourist and education fields will certainly also be experiencing a noticeable growth. This will certainly lead to boosting up the economic climate of UAE.
And inning accordance with some experts, the expo hosted in Dubai will certainly additionally provide a press to the economic situation of neighboring GCC nations, which may likewise benefit the insides and furniture suppliers in nations like KSA, Bahrain, Qatar, Kuwait and so on.
Any business who can associated with this wonderful Exhibition, will certainly aim to take part as it will certainly provide big exposure in more than one market.
During Expo 2020, there will be also major events such as “Furniture360” or the furniture sector that will unveil the latest innovations and design of pieces of furniture as well as new trends and key information to stay updated with the recent development in the industry.
Furniture 360 will be a ‘business to business to consumer’ concept where the exhibitors will not only meet the buyers from UAE and GCC countries but also cater to general customers, especially during the weekend.
The show will offer you the finest platform to display your latest collections and designs for bedrooms, living areas, kitchens, bathrooms, children, office, commercial foyers, hotel lounges and outdoor living.
According to Goldstein Research, the Global furniture market is projected to surpass USD 550 billion by the end of 2024 and Ken Research in their 2019 publication, UAE Home Furniture and Furnishing Market Outlook to 2022 forecasts that the UAE Furniture Market is expected to reach around AED 11,000 Million in terms of revenues by 2022.