Luxury Timepieces in the United Arab Emirates: Market Trends, Opportunity and Forecast 2025


Posted April 21, 2021 by mronarabia

As a result of the COVID-19 pandemic, luxury timepieces suffered a reduction in sales as a result of retail outlet closures and travel restrictions, especially during the initial national lockdown between March and June.
 
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Luxury Timepieces in the United Arab Emirates” under Luxury Goods category. The United Arab Emirates Luxury Timepieces Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

As a result of the COVID-19 pandemic, luxury timepieces suffered a reduction in sales as a result of retail outlet closures and travel restrictions, especially during the initial national lockdown between March and June. Home seclusion and the health fears associated with the COVID-19 pandemic also increased consumers’ focus on health and wellness trends, leading them to prioritise their spending on health and wellness products rather than luxury items such as luxury timepieces.

Luxury Timepieces in United Arab Emirates report offers a comprehensive guide to the size and shape of the Luxury Timepieces market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Timepieces retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Men's Luxury Timepieces, Women's Luxury Timepieces.

Request a free sample copy of United Arab Emirates Luxury Timepieces Market Report @
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Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Timepieces market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table Of Contents
Luxury Timepieces in the United Arab Emirates
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
2020 IMPACT
Home seclusion, store closures and travel restrictions hit luxury timepieces in 2020
Retailers shift attention to domestic consumers as travel restrictions hit the category hard
Second-hand items prove an obstacle for luxury timepieces
RECOVERY AND OPPORTUNITIES
Retailers adjust to new COVID-19 era consumers
Development of E-commerce channels will lead innovation in the coming years
Recovery will depend on the development of a vaccine although category will remain resilient
CATEGORY DATA
Table 1 Sales of Luxury Timepieces by Category: Value 2015-2020
Table 2 Sales of Luxury Timepieces by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Luxury Timepieces: % Value 2015-2019
Table 4 LBN Brand Shares of Luxury Timepieces: % Value 2016-2019
Table 5 Distribution of Luxury Timepieces by Format: % Value 2015-2020
Table 6 Forecast Sales of Luxury Timepieces by Category: Value 2020-2025
Table 7 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2020-2025
EXECUTIVE SUMMARY
COVID-19 impact on luxury goods
COVID-19 country impact
Company response
Retailing shift
What next for luxury goods?
MARKET INDICATORS
Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020
MARKET DATA
Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025
DISCLAIMER
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
SOURCES
Summary 1 Research Sources

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Last Updated April 21, 2021