UAE Luxury Jewelry Market Projected to Reach $1.24 Billion by 2025
Rising demand for premium designs expected to drive double-digit growth through 2030.
The UAE’s luxury jewelry market is projected to reach 1.24 billion U.S. dollars by 2025, with an anticipated annual growth rate of over 10 percent through 2030.
The expansion is being driven by increasing consumer appetite for high-end designs and global brands such as Cartier, Tiffany & Co., Bulgari, Van Cleef & Arpels, and Damas.
Industry experts say the sector’s growth underscores the UAE’s position as a regional hub for luxury retail and craftsmanship.
The expansion is being driven by increasing consumer appetite for high-end designs and global brands such as Cartier, Tiffany & Co., Bulgari, Van Cleef & Arpels, and Damas.
Industry experts say the sector’s growth underscores the UAE’s position as a regional hub for luxury retail and craftsmanship.
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