Back

Benefit from the upsurge in the Middle East construction and furniture market

Benefit from the upsurge in the Middle East construction and furniture market

Dubai WoodShow, Middle East’s premier destination for wood specialists, entering into its 14th edition, will continue providing a perfect platform for suppliers, manufacturers and machinery companies to showcase their products, innovative technologies and production scenarios. Dubai WoodShow, which will be held from 12 – 14 March, 2019 at Dubai World Trade Centre will also help its exhibitors to market their large-scale machinery to key players in the wood and woodworking machinery industry. Dubai WoodShow has always attracted quality visitors from more than 95 countries around the world. It has established a platform for the serious wood professionals (buyers and sellers) to come under one roof. It not only gives the visitors a chance to interact with the experts from the industry but also gives them the unique opportunity to grab lucrative business deals offered from the exhibitors during the course of the exhibition. Dubai WoodShow 2018 featured 300 local and international exhibitors from 100 countries and attracted 9,770 unique visitors.

Dubai WoodShow is the premier destination for wood specialists who visit the show every year from across the globe.

MARKET WATCH / EXPO 2020 DUBAI

US$ 2.4 trillion-worth Expo 2020 Dubai construction projects to drive demand for wood industry

The wood industry in the UAE is expected to boom over the next two years as the country ramps up construction activities ahead of the Expo 2020 Dubai. The wood and woodworking machinery industry will be impacted from the massive construction projects being executed as part of the build-up for the Expo 2020 Dubai.

The large-scale event is slated to take place from October20, 2020 to April 10, 2021 at the 438-hectare site in Dubai where massive construction projects are taking shape.

The massive construction activities in the GCC, especially in Dubai that is driven by Expo 2020-related infrastructure and projects – will continue to drive demand for wood products in thecoming years.

No doubt that the construction boom represents unrivaled opportunities for all industries, particularly the wood industry, which is likely to get a shot in the arm from the region’s US$ 2.4 trillion worth of construction projects. The upsurge in construction activitieswill continue to drive demand for wood products, wood-based accessories, interior décor, woodworking machineries and wood flooring materials, all needed for the new structures and hotels, which are being built in the lead up to the mega event.

According to BNC Network, the demand for wood, wood products and woodworking industry is expected to grow further due to the ongoing construction projects the value of which in September 2017 has reached US$ 252.7 billion.

The demand for wood products is expected to be driven also by the new hotel projects, as hotel developers are racing against time to deliver branded hotel keys. The wood and furniture market seem very promising, especially with 70 per cent of the timber and wood products are used in construction industry.

Expo 2020 Countdown:

  • 22-months to go
  • To be held from October 20, 2020 to April 10, 2021
  • At 438-heactare site in Dubai
  • Reckoned as the world’s largest expo in the history of mankind
  • Dubai to add 40,000 more hotel rooms by October 2020
  • Wood industry to be in demand for the megaevent