Today: May 31, 2016, 4:03 am

United Arab Emirates luxury apparel market: AED 3.8 billion industry in 2012
Designer Apparel (Ready-To-Wear) in the United Arab Emirates - a new market research report on 2014-03-06 10:03:01
Burberry and Gucci are among the most visible brands in the United Arab Emirates luxury apparel market. Burberry is especially popular among local citizens and tourists from other GCC countries, especially for designer childrenswear. Gucci is a popular brand across a wide segment of the United Arab Emirates population and the brands wide range of products across many designer apparel categories ensures that products which prominently feature the Gucci logo are increasingly visible in the United Arab Emirates.

The 6% value growth recorded in designer during 2012 was considerably higher than the 4% current value CAGR recorded over the entire review period. Although the global economic crisis hit Dubai very hard, the country is now well on its way to making a full recovery. Immigration rates are increasing again and large numbers of tourists are visiting the United Arab Emirates, both of which are very positive influences on demand for designer apparel in the country.

Over the forecast period, designer apparel in the United Arab Emirates is expected to increase in value at a CAGR of 4%, rising to AED4.5 billion by the end of 2017. The static constant value CAGR recorded over the review period was the result of growth in the category being dragged down by the poor performance of designer apparel in the middle of the review period as the economic crisis hit Dubai hard in late 2009. However, the economy of the United Arab Emirates has rebounded solidly, and this is expected to continue during the forecast period. Although designer apparel in the United Arab Emirates is already a highly developed category, increasing numbers of inbound tourists, especially those visiting Abu Dhabi, are expected to drive demand during the forecast period.

Key Headlines

- Designer apparel increases in value by 6% in 2012, rising to AED3.8 billion
- Massive increases in regional tourism to United Arab Emirates due to civil unrest in other Arab countries positively influence demand for designer apparel
- Designer childrenswear is the fastest growing category in designer apparel in 2012 as demand remains high among the young affluent population and tourists
- Large, destination shopping centres and well-known international luxury brands dominate designer apparel in the United Arab Emirates
- Designer apparel is set to increase in constant value at a CAGR of 4% over the forecast period

Click for report details: ..

Browse all Textiles and Clothing Market Research Reports ..

Browse all Textiles and Clothing Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 584 Words
Related Articles
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.