Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - United Arab Emirates

United Arab Emirates

In the United Arab Emirates, the revenue generated in the Luxury Jewelry market is valued at US$203.60m in 2024.
It is projected that the market will experience an annual growth rate of 2.29% (CAGR 2024-2028).
When compared to other countries worldwide, in China generates the highest revenue in this segment, amounting to US$14,130m in 2024.
In terms of per capita income, each individual in the United Arab Emirates contributes US$21.23 towards the revenue generated in the Luxury Jewelry market in 2024.
The demand for luxury jewelry in the United Arab Emirates is driven by a strong cultural affinity for opulence and a desire to showcase wealth and status.

Key regions: India, Singapore, United Kingdom, Italy, China

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The Luxury Jewelry market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Jewelry industry.