Middle East Luxury Goods Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
                     Middle East Luxury 
Goods Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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las t ing resul ts .
A cc o r d i ng  t o  t h e  l a te s t  r e p o r t  b y  IM A R C  Gr o u p ,  t i t l e d  " M id d l e  E a s t  L u x u r y  G o o d s  
Ma r k e t :  I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  Gr o w th ,  O p p o r t u n i ty  a n d  F o r e ca s t  2 0 2 4 -
20 3 2 , "  t h e  M i d d l e  E a s t  l u x u ry  g o od s  m a r k e t  s i z e  i s  p r o j ec t e d  to  e xh i b i t  a  g r o w th  r a te  
( C A G R )  o f  5 .6 0 %  d u r i n g  20 2 4 - 20 3 2 .
Lu x u r y  g o o d s  a r e  h i g h - e n d  p r o d uc t s  t h a t  o f f e r  s u p e r i o r  qu a l i t y ,  c r a f t s ma n s h i p ,  a nd  
Report ex c l u s i v i t y ,  o f t e n  a s so c i a t e d  w i t h  p r e s t i g e  a n d  a  s e n s e  o f  s t a t us  a m o ng  c o n s um e r s .  
T he s e  i t em s  a r e  t y p i c a l l y  d i s t i n g u i s h ed  b y  t h e i r  d e s i gn ,  d u ra b i l i t y ,  a n d  i nn o v a t i v e  
f ea t u r e s ,  r e f l e c t i ng  a  l ev e l  o f  s o p h i s t i c a t i o n  a n d  co m f o r t  t h a t  s u rp a s s e s  o r d i n a ry  
Highlight and s t a n d a rd s .  
R an g i n g  f r o m  d e s i g ne r  a p p a r e l ,  f i n e  j e w e l r y ,  a n d  p re m i u m w a tc h e s  t o  h i g h - e n d  
Description au t o m ob i l e s  a nd  g ou r m e t  d e l i c ac i e s ,  l u x u r y  g o o d s  a r e  m a r k e t e d  f o r  t h e i r  ae s t h e t i c  ap p e a l ,  e x c e p t i o n a l  pe r f o r m a n ce ,  an d  un i q u e  h e r i t a ge .  T h e y  c a t e r  t o  a  d i s c e r n i ng  
c l i en t e l e ,  s e ek i n g  p r o du c t s  t h a t  e mb o d y  t h e  ep i t o m e  o f  e l e g a nc e ,  l u xu r y ,  a n d  th e  f i n e s t  
hu m a n  c r a f t s m a ns h i p ,  o f t e n  b e c o m i n g  sy m b o l s  o f  pe r s o na l  a c h i e v e me n t  a nd  s o c i a l  
s t a t u s .
R eq u e s t  f o r  a  P D F  sa m p le  o f  th i s  r ep o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / m i d d l e - e as t - l u xu r y - g o od s - ma r k e t / r e q u es t s a mp l e
Report Description
M i d d l e  E a s t  L u x u r y  G o o d s  M a r k e t  T r e n d s :
T h e  M i d d l e  E a s t  l u x u r y  g o o d s  m a r k e t  i s  f u e l e d  b y  t h e  r e g i o n ' s  h i g h  d i s p o s a b l e  i n c o m e ,  p a r t i c u l a r l y  i n  c o u n t r i e s  l i k e  t h e  U A E ,  S a u d i  
A r a b i a ,  a n d  Q a t a r ,  w h e r e  a f f l u e n t  c o n s u m e r s  e x h i b i t  a  s t r o n g  p r e f e r e n c e  f o r  h i g h - e n d  p r o d u c t s ,  r e f l e c t i n g  t h e i r  l i f e s t y l e  a n d  s t a t u s .  T h e  
r e g i o n ' s  r o b u s t  t o u r i s m  i n d u s t r y ,  e s p e c i a l l y  i n  l u x u r y  s h o p p i n g  d e s t i n a t i o n s  l i k e  D u b a i ,  f u r t h e r  a m p l i f i e s  t h e  d e m a n d  f o r  l u x u r y  i t e m s ,  
a t t r a c t i n g  s h o p p e r s  f r o m  a r o u n d  t h e  g l o b e .  T h e r e  i s  a  n o t i c e a b l e  t r e n d  t o w a r d  p e r s o n a l i z a t i o n  a n d  e x c l u s i v i t y ,  w i t h  c o n s u m e r s  s e e k i n g  
b e s p o k e ,  t a i l o r - m a d e  p r o d u c t s  t h a t  o f f e r  a  u n i q u e  l u x u r y  e x p e r i e n c e .  T h i s  h a s  l e d  t o  l u x u r y  b r a n d s  i n c r e a s i n g l y  f o c u s i n g  o n  
c u s t o m i z a t i o n  s e r v i c e s  t o  c a t e r  t o  t h e  s o p h i s t i c a t e d  t a s t e s  o f  M i d d l e  E a s t e r n  c o n s u m e r s .  
A d d i t i o n a l l y ,  t h e  d i g i t a l  t r a n s f o r m a t i o n  i n  t h e  r e t a i l  s e c t o r  i s  p r o m i n e n t ,  w i t h  l u x u r y  b r a n d s  e n h a n c i n g  t h e i r  o n l i n e  p r e s e n c e  a n d  e -
c o m m e r c e  p l a t f o r m s  t o  m e e t  t h e  g r o w i n g  c o n s u m e r  p r e f e r e n c e  f o r  o n l i n e  s h o p p i n g ,  c o m p l e m e n t e d  b y  p e r s o n a l i z e d  d i g i t a l  s e r v i c e s .  T h e  
l u x u r y  m a r k e t  i n  t h e  M i d d l e  E a s t  i s  a l s o  c h a r a c t e r i z e d  b y  a  c u l t u r a l  a f f i n i t y  t o w a r d  o p u l e n c e  a n d  h i g h - s t a t u s  s y m b o l s ,  w h i c h  c o n t i n u e s  
t o  d r i v e  t h e  d e m a n d  f o r  l u x u r y  f a s h i o n ,  j e w e l r y ,  a n d  h i g h - e n d  a u t o m o b i l e s .  M o r e o v e r ,  t h e r e  i s  a  g r o w i n g  i n t e r e s t  i n  s u s t a i n a b l e  a n d  
e t h i c a l l y  p r o d u c e d  l u x u r y  g o o d s ,  a l i g n i n g  w i t h  g l o b a l  t r e n d s  t o w a r d  s u s t a i n a b i l i t y  a n d  r e s p o n s i b l e  c o n s u m p t i o n  i n  t h e  l u x u r y  s e c t o r .  
T h e s e  e l e m e n t s  c o l l e c t i v e l y  p r o p e l  t h e  d y n a m i c  a n d  f l o u r i s h i n g  M i d d l e  E a s t  l u x u r y  g o o d s  m a r k e t .
L o o k i n g  f o r w a r d ,  t h e  m a r k e t  s i z e  i s  p r o j e c t e d  t o  e x h i b i t  a  g r o w t h  r a t e  ( C A G R )  o f  5 . 6 0 %  d u r i n g  2 0 2 4 - 2 0 3 2 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / m i d d l e - e a s t - l u x u r y - g o o d s - m a r k e t
Product Type Insights:
• Watches and Jewel lery
• Perfumes and Cosmetics
• Clothing
• Bags/Purse
• Others
Report 
Distribution Channel Insights:
Segmentation
• Offl ine
• Onl ine
End User Insights:
• Women
• Men
Country Insights:
• Saudi Arabia
• Turkey
• Israel
• United Arab Emirates
• I ran
Report 
• I raq
Segmentation • Qatar
• Kuwait
• Oman
• Jordan
• Bahrain
• Others
How has the Middle East luxury goods market 
performed so far and how will it perform in the coming 
years?
What has been the impact of COVID-19 on the Middle 
East luxury goods market?
What is the breakup of the Middle East luxury goods 
market on the basis of product type?
Key 
What is the breakup of the Middle East luxury goods 
Questions market on the basis of distribution channel?
What is the breakup of the Middle East luxury goods 
Answered in market on the basis of end user?
the Report What are the various stages in the value chain of the Middle East luxury goods market?
What are the key driving factors and challenges in the 
Middle East luxury goods?
What is the structure of the Middle East luxury goods 
market and who are the key players?
What is the degree of competition in the Middle East 
luxury goods market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
Contents 4    M i d d l e  E a s t  L u x u r y  G o o d s  M a r k e t  -  I n t r o d u c t i o n    4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    M i d d l e  E a s t  L u x u r y  G o o d s  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    M i d d l e  E a s t  L u x u r y  G o o d s  M a r k e t  -  B r e a k u p  b y  P r o d u c t  T y p e
    6 . 1     W a t c h e s  a n d  J e w e l l e r y
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     P e r f u m e s  a n d  C o s m e t i c s
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 3     C l o t h i n g
       
    6 . 3     C l o t h i n g
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 4     B a g s / P u r s e
        6 . 4 . 1  O v e r v i e w
        6 . 4 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 4 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 5     O t h e r s
        6 . 5 . 1  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
Table of         6 . 5 . 2  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )7    M i d d l e  E a s t  L u x u r y  G o o d s  M a r k e t  -  B r e a k u p  b y  D i s t r i b u t i o n  
C h a n n e l
    7 . 1     O f f l i n e
Contents         7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     O n l i n e
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
8    M i d d l e  E a s t  L u x u r y  G o o d s  M a r k e t  -  B r e a k u p  b y  E n d  U s e r
    8 . 1     W o m e n
        8 . 1 . 1  O v e r v i e w
        8 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        8 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    8 . 2     M e n
        8 . 2 . 1  O v e r v i e w     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /m i dd l e -ea s t - l ux u ry -go o d s -m a rke
t / t o c
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