Luxury Goods - United Arab Emirates - Statista

The Luxury Goods Market in the United Arab Emirates is projected to grow by 9.41% (2025-2029) resulting in a market volume of US$216.20m in 2029. ... Market forecast and expert KPIs for 1000 ...

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Luxury Goods - United Arab Emirates - Statista

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The Luxury Goods Market in the United Arab Emirates is projected to grow by 9.41% (2025-2029) resulting in a market volume of US$216.20m in 2029. ... Market forecast and expert KPIs for 1000 ...

statista.com

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Luxury Goods - United Arab Emirates - Statista

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The Luxury Goods market in the United Arab Emirates is projected to grow by 1.67% (2025-2029) resulting in a market volume of US$6.87bn in 2029. ... Market forecast and expert KPIs for …

statista.com

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UAE Luxury Goods Market 2025 To Grow At 5.20 CAGR With 4.19 …

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Nov 22, 2024 · The size of the UAE Luxury Goods Market was valued at USD 4.19 Million in 2023 and is projected to reach USD 5.97 Million by 2032, with an expected CAGR of 5.20% during …

datainsightsmarket.com

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Luxury Market In UAE | Size & Share Analysis - 2032 - IMARC Group

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The UAE luxury goods market size reached US$ 4.0 Billion in 2023 and grow at a CAGR of 5.8% to reach US$ 6.7 Billion by 2032. ... IMARC Group provides an analysis of the key trends in …

imarcgroup.com

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UAE Luxury Goods Market Was Valued At USD 2,977.69 Million

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Jun 15, 2021 · UAE Luxury Goods Market was valued at USD 2,977.69 Million in 2020 and is projected to register a CAGR of 7.17% during the forecast period, 2021-2026

globenewswire.com

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Luxury Watches & Jewelry - United Arab Emirates - Statista

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The Luxury Watches & Jewelry market in the United Arab Emirates is projected to grow by 1.78% (2025-2029) resulting in a market volume of US$3.67bn in 2029.

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The UAE Luxury Goods Market Is Anticipated To Register A

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Mar 13, 2023 · The UAE Luxury Goods Market is anticipated to register a CAGR of 5.20% during 2023-2028- Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence. …

globenewswire.com

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MEA Luxury Goods Market Size | Mordor Intelligence

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The MEA Luxury Goods Market is expected to reach USD 14.93 billion in 2025 and grow at a CAGR of 6.23% to reach USD 20.19 billion by 2030. ... (BOPF) entered the market in the …

mordorintelligence.com

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Luxury Goods Market Trends, Size & Share

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The market for luxury goods was estimated to be worth USD 273.45 billion in 2022, and from 2023 to 2030, it is anticipated to grow at a CAGR of 4.87%, with an expected value of USD …

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FAQs about Luxury Goods - United Arab Emirates - Statista Coupon?

How big is the United Arab Emirates luxury goods market?

The United Arab Emirates Luxury Goods Market size is estimated at USD 4.19 billion in 2024. It is expected to reach USD 5.39 billion by 2029, growing at a CAGR of 5.20% during the forecast period (2024-2029). ...

Who dominates the UAE luxury goods market?

The UAE luxury goods market is highly competitive, with both global and domestic players present. However, global players like Rolex SA, LVMH Moët Hennessy Louis Vuitton, Kering Group, Compagnie Financiere Richemont SA, and Chanel SA show dominance over the market. ...

Is the UAE a luxury market?

Currently, UAE represents one of the most attractive markets for luxury goods amongst the Middle Eastern countries. The growth of the UAE luxury market can be highly accredited to the fact that there is a notable population of wealthy and ultra-rich consumers in the region who are willing to spend millions for lavish items. ...

Why is the ua e luxury goods market growing?

The UAE luxury goods market is experiencing growth due to the gradual development of the digital ecosystem, which provides easy access to product-related information and prices for customers. ...

Is the United Arab Emirates a good place to buy luxury goods?

Sales growth within luxury goods was positive during the last year of the review period, despite headwinds caused by the cost of living crisis, inflation and the war in Ukraine. The United Arab Emirates is also home to numerous affluent adults, with around 69,700 such residents in 2023, accounting for a 1% share of the population overall. ...

Why does the United Arab Emirates have a high demand for luxury goods?

The United Arab Emirates has a huge demand for luxury goods due to high disposable income, increasing tourism, and its young population. Tourism in the United Arab Emirates is constantly growing because of the tourist spots in the region. International visitors often visit the region due to its food culture, jewelry goods, and many more. ...