Middle East and Africa (MEA) Luxury Retailing 2016-2026

Middle East and Africa (MEA) Luxury Retailing 2016-2026

Summary

This report provides an overview of the MEA luxury retailing which includes key trends, key retail innovations, regional and sector analysis along with major luxury retailers and competitive land scape

In 2021, luxury retail sales are estimated to rise by 36.2% to reach USD15 bn due to post COVID-19 surge.

Scope

• The MEA luxury market recovered fast in 2021, driven by the UAE. A CAGR of 3.5% will produce a total MEA market worth $17.8bn by 2026
• Physical and digital expansion in the region has become imperative for brands
• Clothing, jewelry and watches and personal care dominate the luxury market
• LVMH’s stable of brands dominate with 46.8% share in the region

• Gain a comprehensive knowledge on Global Luxury retail market and develop a competitive advantage
• Investigate current trends in the global luxury retail market to identify the best opportunities to exploit
• Analysis of key luxury retail players operating globally
• Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the key consumer and technology trends influencing the luxury retail market globally
• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
• Analysis of key international players operating in global luxury fashion retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share