United Arab Emirates Luxury Goods Market Size & Outlook, 2025-2033


United Arab Emirates Luxury Goods Market Insights

  • Deep Market Insights analysis indicates that the United Arab Emirates Luxury Goods Market size, valued at USD 16.12 Billion in 2024, is expected to expand to USD 31.58 Billion by 2033.
  • The United Arab Emirates market is forecasted to expand at a CAGR of 7.78% spanning 2025–2033.
  • Leather Goods held the leading position among Category segments in 2024, based on market size.
  • Fashion is projected to post the fastest growth rate, sustaining its position as the most attractive Category segment during the forecast horizon.

Other Key Findings


  • As of 2024, United Arab Emirates held 3.81% of the global Luxury Goods Market size.
  • By 2033, United States is anticipated to capture the largest share of the global Luxury Goods Market.
  • In Middle East and Africa, United Arab Emirates is expected to lead the regional Luxury Goods Market size by 2033.
  • United Arab Emirates will remain the fastest-growing market in Middle East and Africa, reaching USD 31.62 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 16.12 Billion
Market Size In 2033 USD 31.58 Billion
Largest segment Leather Goods
Units Revenue in USD Billion
CAGR 7.78% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Category
  1. Leather Goods
  2. Fashion
  3. Watches
  4. Jewellery
  5. Beauty
  6. Accessories
Channels
  1. Retail
  2. Travel Retail
  3. Online