According to Goldstein Research, Middle East luxury watches market is expected to reach USD 510.0 million by 2025, at a compounded annual growth rate of 6.5% over the forecast period through 2025. Luxury watches market of Middle East is driven by the factors such as high disposable income of the people, large number of tourists in the region and rapid urbanization in the countries.

Middle East luxury watches market segmentation has been carried out on the basis of product type, end-users, distribution channel and geography. Based on distribution channel of luxury watches, offline channel segment accounted for more than 85.0% market share in 2017.

Middle East luxury watches market is majorly driven by UAE with more than 30.0% market share, followed by GCC countries luxury watches market share that are growing at fastest rate due to highest per capita expenditure on the luxury goods.

The Report is Available at: https://www.goldsteinresearch.com/report/luxury-watches-market-middle-east

Market Segmentation
On the basis of our in-depth analysis, Middle East Luxury Watches Market can be segmented as follows:
By Product Type
o Analog Watches
o Quartz
o Mechanical
o Digital/Smart Watches

By End Users
o Men
o Women
By Distribution Channels
o Online Channel
o Offline Channels (Flagship Stores Etc.)
• By Country
o Kingdom of Saudi Arabia (KSA) {Market Share (%), Market Size (USD million)}
o United Arab Emirates (UAE) {Market Share (%), Market Size (USD million)}
o Qatar {Market Share (%), Market Size (USD million)}
o Oman {Market Share (%), Market Size (USD million)}
o Kuwait {Market Share (%), Market Size (USD million)}
o Bahrain {Market Share (%), Market Size (USD million)}
o Jordan {Market Share (%), Market Size (USD million)}
o Rest of Middle East {Market Share (%), Market Size (USD million)}


“Middle East Luxury Watches Market Outlook 2025” by Goldstein Research contains detailed overview of the Middle East luxury watches market in terms of market segmentation by product type, end-users and distribution channel.

Further, Middle East Luxury Watches Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Rolex SA, Prada S.p.A, LVMH, Richemont, Swatch Group, Omega SA, Franck Muller, Patek Philippe & Co and Giorgio Armani S.P.A., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Middle East luxury watches market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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