Luxury Goods in the United Arab Emirates

Luxury Goods in the United Arab Emirates

Compared to the performance by global counterparts, luxury goods in the United Arab Emirates outperformed in the first half of 2024 by recording solid single-digit growth. This growth was driven by population growth, and strong tourism numbers. While the rate of growth has slowed in 2024 compared to the previous two years, the local market's strong underlying fundamentals allows it to outperform countries in Europe and Asia.

Euromonitor International's Luxury Goods in United Arab Emirates report offers a comprehensive guide to the size and shape of the Luxury Goods market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Goods retailing along with the development of consumers’ shopping patterns. Forecasts to 2028 illustrate how the market is set to change

Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Goods market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.