Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Apparel - United Arab Emirates

United Arab Emirates

In the year 2024, the Luxury Apparel market in the United Arab Emirates (UAE) is projected to generate a revenue of €358.30m.
This market is anticipated to experience a compound annual growth rate (CAGR) of 3.81% from 2024 to 2028.
When compared to other countries worldwide, in the United States leads the pack in terms of revenue generation, with an estimated revenue of €18,670m in the year 2024.
In the UAE, the per person revenue in the Luxury Apparel market is expected to reach €37.35 in 2024.
The United Arab Emirates is experiencing a surge in demand for luxury apparel as affluent consumers seek to showcase their wealth and status.

Key regions: India, Singapore, United States, France, United Kingdom

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Methodology

The Luxury Apparel market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Apparel industry.