UAE Gems and Jewelry Market Outlook 2025: says by Goldstein Research


Posted March 13, 2020 by Steveblade

According to Goldstein Research, UAE gems and jewellery market is expected to reach USD 70.10 billion by 2025, growing at a CAGR of 7.30% over the forecast period 2017-2025.

 
According to Goldstein Research, UAE gems and jewellery market is expected to reach USD 70.10 billion by 2025, growing at a CAGR of 7.30% over the forecast period 2017-2025. Major driving factors in the growth of UAE gems and jewellery market are the rising tourism and “hybrid” consumption. Moreover, the market growth is anticipated in terms of value rather than volume for being the luxury product. UAE gems and jewellery market segmentation has been done on the basis of jewellery type, category, distribution channel and geography. Gold jewellery dominated the market having the share of 46.4% in 2016 and over the forecast period it is expected to continue its dominance. Moreover, the retailers have higher profit margins on the sale of diamond, thus the diamond segment is expected to grow at a faster rate.
UAE gems and jewellery market is largely dominated by Dubai accounted for 52.0% market share, and it is followed by Abu Dhabi growing at a CAGR of 21.0% over the forecast period.

Report is available @ https://www.goldsteinresearch.com/report/uae-gems-and-jewelry-market-size

Market Segmentation

On the basis of our in-depth analysis, UAE Gems and Jewelry Market can be segmented as follows:

By Jewelry Type

o Gold Jewelry
o Diamond Jewelry
o Gemstones Jewelry
o Silver Jewelry
o Platinum Jewelry

By Category

o Branded Gems And Jewelry
o Unbranded Gems And Jewelry

By Distribution Channel

o Exclusive Showrooms
o Multi Branded Jewelry Showrooms
o Online

Based on Geography

o Dubai {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Abu Dhabi {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Sharjah {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Rest of UAE {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}

Request Sample Report: UAE Gems and Jewelry Market Report Sample

Covered in this Report are:

“UAE Gems and Jewelry Market Outlook 2025” by Goldstein Research contains detailed overview of the UAE gems and jewelry market in terms of market segmentation by jewelry type, category and distribution channel.

Further, for the in-depth analysis, UAE Gems and Jewelry 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 Damas International, Swarovski, Joyallukas, Tiffany & Co., Cartier, Malabar Gold and Diamonds, Titan International, EVA Gems, DIMEXON, Kapu Gems, DAMIANI, The Gold and Diamond Park, The Gold Souk, Geetanjali Gems, Ceylon Master Gems FZCO, Atlas Jewelry LLC, Pure Gold Jewellers LLC, Sky Jewellers LLC, DE BEERS, PANDORA, 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 UAE gems and jewelry 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.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on consumer goods industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com

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Last Updated March 13, 2020