According to the latest report by IMARC Group, titled “GCC Personal Luxury Goods Market : Industry, Share, Growth, Opportunity and Forecast 2021-2026,” the GCC personal luxury goods market exhibited moderate growth during 2015-2020 and is expected to recover from 2021 onwards and to grow at a CAGR of around 5% during (2021-2026).
Personal luxury goods include a wide variety of high-end and premium items, such as apparel, watches, jewelry, cosmetics, bags, fashion accessories, etc. These branded products have premium quality materials, superior craftsmanship, and high aesthetics value. They are generally heavily priced and offer enhanced durability with an extended warranty period. In the GCC region, rising levels of globalization and the increasing penetration of international luxury brands are bolstering the market growth.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
GCC Personal Luxury Goods Market Trends:
Elevating consumer living standards and increasing disposable income levels have augmented the demand for personal luxury goods in the GCC region. Moreover, the growing traction for western fashion trends along with the rising working women population is also catalyzing the product demand. The expanding tourism industry, particularly in Dubai and UAE, along with relaxed trade barriers with several developed nations, is further providing a thrust to the market. Besides this, the rising popularity of limited capsule collections and fashion drops have also catalyzed the market for secondhand luxury goods. Moreover, growing expenditures by various platforms to authenticate procedures through several innovative technologies for mitigating the risk of product replication by counterfeiters is anticipated to further drive the GCC personal luxury goods market in the coming years.
Request Free Sample Report: https://www.imarcgroup.com/gcc-personal-luxury-goods-market/requestsample
GCC Personal Luxury Goods Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Burberry Group PLC, Chanel S.A., Estee Lauder Companies, Giorgio Armani SpA, Kering S.A., Loreal, LVMH Moët Hennessy Louis Vuitton SE, Mulberry Group PLC, Prada Group, Cie Financiere Richemont SA, The Swatch Group, and Versace.
The report has segmented the market on the basis on region, type, gender, and distribution channel.
Breakup by Country:
- Saudi Arabia
- United Arab Emirates
- Qatar
- Kuwait
- Oman
- Bahrain
Breakup by Type:
- Accessories
- Apparel
- Watch and Jewellery
- Luxury Cosmetics
- Others
Breakup by Gender:
- Female
- Male
Breakup by Distribution Channel:
- Mono-brand Stores
- Speciality Stores
- Departmental Stores
- Online Stores
- Others
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://bit.ly/3Eza3oh
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
Related Reports by IMARC Group:
Archery Equipment Market Report 2021-2026: https://bit.ly/3gRYSO2
Saw Blades Market Report 2021-2026: https://bit.ly/3vSCPem
Fencing Equipment Market Report 2020-2025: https://bit.ly/3hoWjDr
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s 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, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
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Sheridan, WY 82801 USA – Wyoming
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However, the interior systems can just remain in heating
or cooling down setting, not both.
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A routine a/c contract will certainly set you back ₤ 50– ₤ 100 per
indoor device as an overview.
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This totals up to roughly 9 hours daily– including ₤
24 per week to your power bill.
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When you select our installation group, we can find the
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We suggest servicing your home air conditioning system once or twice annually.
Nevertheless, mobile cooling systems tend to
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Your place likewise has a substantial impact on the cost to install a home window air
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We offer a complete design and installation solution for all sorts of Samsung
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There are generally 2 pipes which are each around 28mm in diameter
consisting of the insulation.
The typical price of acquiring a portable/freestanding A/C is
₤ 150 to ₤ 400.
Incorrect setup can cause serious troubles and even void the service warranty.
Fgas regulations likewise require a registered Refcom designer to perform refrigerant gas log
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It can help to make your living or workplace much
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Prior to you begin the setup process, you need to take into consideration the SEER rating of your
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Prior to you work with a professional, make sure that
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The initial step in installing air conditioning is deciding where to
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