UAE Luxury Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28 - PowerPoint PPT Presentation

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UAE Luxury Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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According to the latest research report by IMARC Group, The UAE luxury market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.55% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: UAE Luxury Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28


1
UAE Luxury Market Research and Forecast Report
2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "UAE Luxury Market Industry Trends,
    Share, Size, Growth, Opportunity and Forecast
    2023-2028," the UAE luxury market size reached
    US 3.7 Billion in 2022.
  • A luxury product refers to a high-quality and
    often expensive item or service that goes beyond
    mere functionality to provide a sense of
    exclusivity, status, and superior craftsmanship
    or design. It is typically associated with
    premium brands and is often made from the finest
    materials using meticulous attention to detail
    and superior manufacturing processes.
  • These products are marketed towards affluent or
    aspirational consumers willing to pay a premium
    price for the enhanced experience and perceived
    prestige of owning or using such items. Luxury
    products span various categories, including
    fashion (designer clothing and accessories),
    watches, jewelry, automobiles, electronics,
    cosmetics, furniture, travel experiences, and
    more.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/uae-luxury-goods-market
    /requestsample

4
Report Description
  • UAE Luxury Market Trends
  • The rising living standards coupled with
    increasing expenditure capacities of the
    consumers is one of the key factors propelling
    the market growth in the country. Luxury goods
    are non-essential items that improve the
    consumer's lifestyle and provide a more pleasant
    experience. Additionally, the growing popularity
    of luxury products in the country, due to its
    uniquely shaped convergence of traditional values
    and modern aspirations, is creating a positive
    outlook for the market growth. Moreover, the
    growing demand for personalized and immersive
    luxury experiences reflecting a shift from
    materialism to meaningful encounters, such as
    limited-edition collections that pay homage to
    local heritage and bespoke services that cater to
    individual preferences is positively impacting
    the market growth.
  • In addition to this, rapid technological
    advancements, such as digital platforms and
    e-commerce platforms, allowing consumers to
    access luxury products and services easily, are
    supporting the market growth. In line with this,
    the increasing utilization of social media in
    shaping consumer perceptions and aspirations,
    creating a dynamic ecosystem where luxury brands
    engage with their audience beyond traditional
    channels, is favoring the market growth.
    Furthermore, the growing focus on sustainability
    and ethical considerations as discerning
    consumers are increasingly drawn to brands that
    align with their values, leading to a rise in
    demand for eco-conscious and ethically produced
    luxury products, is providing a considerable
    boost to the market growth.
  • Looking forward, the market value is projected to
    reach US 5.5 Billion by 2028, expanding at a
    CAGR of 6.55 during 2023-2028.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/uae-luxury-goods-market

5
Report Segmentation
  • Type Insights
  • Travel and Hotel
  • Cars
  • Personal Luxury Goods
  • Food and Drinks
  • Others
  •  
  • Gender Insights
  • Male
  • Female
  • Distribution Channel Insights
  • Monobrand Stores
  • Multibrand Stores
  • Online Stores
  • Others

6
Key Questions Answered in the Report
7
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    UAE Luxury Market    5.1  
     Market Overview    5.2    Market Performance 
      5.3    Impact of COVID-19  5.4    Market
    Breakup by Type
  •     5.5    Market Breakup by Gender    5.6  
     Market Breakup by Distribution Channel    5.7  
     Market Forecast  5.8    SWOT Analysis
  •   5.8.1    Overview
  •   5.8.2    Strengths
  •   5.8.3    Weaknesses
  •   5.8.4    Opportunities
  •   5.8.5    Threats
  •   5.9    Value Chain Analysis
  •   5.9.1    Overview
  •        

8
Table of Contents
  • 5.9.2 Research and Development
  • 5.9.3 Manufacturing
  • 5.9.4 Marketing
  • 5.9.5 Distributors
  • 5.9.6 Retailers
  • 5.9.7 End-Users
  •   5.10    Porters Five Forces Analysis
  •   5.10.1    Overview
  •   5.10.2    Bargaining Power of Buyers
  •   5.10.3    Bargaining Power of Suppliers
  •   5.10.4    Degree of Competition
  •   5.10.5    Threat of New Entrants
  •   5.10.6    Threat of Substitutes
  •   5.11    Key Success and Risk Factors
  • 6  Market Performance by Type
  • 6.1 Travel and Hotel
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Cars

9
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

10
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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