Luxury Fashion - United Arab Emirates

United Arab Emirates

In the year 2024, the revenue in the Luxury Fashion market in the United Arab Emirates (UAE) stands at €499.30m.
It is projected that this market will experience an annual growth rate of 3.94% from 2024 to 2028, as per the Compound Annual Growth Rate (CAGR).
When comparing the global market, in the United States leads with a revenue of €25,290m in 2024.
Looking at the per capita figures, in 2024, each individual in the UAE generates revenues of €52.06 in the Luxury Fashion market.
The United Arab Emirates is experiencing a surge in demand for luxury fashion brands, with high-end designers opening flagship stores in prestigious malls like Dubai Mall.

Key regions: United States, Italy, Russia, France, India

Marché

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Methodology

The Luxury Fashion 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 Fashion industry.