Luxury in Saudi Arabia: The Story of Unlimited Opportunities
Luxury in Saudi Arabia: The Story of Unlimited Opportunities
Abstract
The global luxury goods industry is witnessing a recovery, and is expected to reach pre-pandemic levels in 2023. Gulf Council Countries like Saudi Arabia and the UAE witness are recovering, as the countries welcome tourists.
The outlook remains optimistic, as Saudi Arabia is seeing economic growth and meeting international standards of entertainment and leisure. Businesses are aligning with consumers’ perception of heritage, sustainability and digitalisation for a luxury experience.
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Euromonitor International's Luxury in Saudi Arabia: The Story of Unlimited Opportunities global briefing offers an insight into the size and shape of the luxury goods industry, highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets around the world and on the development of consumers’ shopping patterns. Forecasts illustrate how the market is set to change and criteria for success. In short, it identifies the opportunity zones within luxury goods industry
Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Data coverage:
* Get a detailed picture of the Luxury Goods 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.
Content
Introduction
State of the Saudi economy
Focus on key industries
What the future holds
The outlook remains optimistic, as Saudi Arabia is seeing economic growth and meeting international standards of entertainment and leisure. Businesses are aligning with consumers’ perception of heritage, sustainability and digitalisation for a luxury experience.
...
Euromonitor International's Luxury in Saudi Arabia: The Story of Unlimited Opportunities global briefing offers an insight into the size and shape of the luxury goods industry, highlights buzz topics, emerging trends as well as pressing industry issues, their effects on luxury goods retailing in markets around the world and on the development of consumers’ shopping patterns. Forecasts illustrate how the market is set to change and criteria for success. In short, it identifies the opportunity zones within luxury goods industry
Product coverage: Experiential Luxury, Fine Wines/Champagne and Spirits, Personal Luxury, Premium and Luxury Cars.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Data coverage:
* Get a detailed picture of the Luxury Goods 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.
State of the Saudi economy
Focus on key industries
What the future holds
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