While demand for luxury handbags is predicted to continue rising over the forecast period, sales growth is set gradually slow, due to the threat of local residents shopping abroad as travel opportunities continue to expand. Furthermore, the prices of some luxury brands are lower in Europe.
Demand for wallets and coin pouches is set to weaken over the forecast period due to the rapid digitalisation of the United Arab Emirates. 2021-2022 even saw the digitisation of the Emirates ID, following the trend for digital payments, tickets, discount cards, gift cards, and receipts.
Over the forecast period, duffel bags, driven by the sports segment, is expected to further grow, fuelled by a rising interest in health and wellness in the United Arab Emirates. In fact, according to Euromonitor International's Consumer Lifestyle Survey, 42% of residents expect to increase spending on health and wellness.
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Understand the latest market trends and future growth opportunities for the Bags and Luggage industry in United Arab Emirates with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Bags and Luggage
Bags and Luggage includes bags and cases which serve common everyday purposes or specific functions during travel, sports, or formal occasions. However, all sports equipment bags (e.g. golf, tennis, and bowling), insulated food and beverage bags, and musical instrument cases are excluded.See All of Our Definitions
This report originates from Passport, our Bags and Luggage research and analysis database.
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