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Country Report

Luxury Portable Consumer Electronics in

Luxury Portable Consumer Electronics in the United Arab Emirates

Jan 2021

US$990

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Executive Summary

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

COVID-19 drives a shift in luxury portable consumer electronics towards domestic sales and e-commerce channels

The COVID-19 pandemic in the United Arab Emirates has altered the shape of luxury portable consumer electronics, driving a shift of focus towards domestic consumers and a shift towards e-commerce commerce channels in 2020. Due to the travel restrictions that remained in place for much of 2020, most companies shifted their attention towards the domestic consumer base as the number of tourists in the country dropped considerably.

Luxury wearables lead the category as TAG Heuer International SA retains leadership

Luxury wearables was the best performing product area in luxury portable consumer electronics in 2020. This product area is a relatively new product area in the category and has posted strong growth in both volume and value sales since 2017.

Luxury Mobile Phones in the UAE continues to suffer the loss of Vertu

Along with the further disruption caused by the COVID-19 pandemic and national lockdown, the luxury mobile phones product area continues to real from the loss of Vertu Corp Ltd. Vertu was a dominant player in luxury mobile phones in the UAE before it closed its UAE stores in 2017.

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Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Luxury Portable Consumer Electronics industry in United Arab Emirates with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Luxury Portable Consumer Electronics industry in United Arab Emirates, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Portable Consumer Electronics in United Arab Emirates market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Luxury Portable Consumer Electronics in United Arab Emirates?
What are the major brands in United Arab Emirates?
How dynamic is the growth of Luxury Portable Consumer Electronics internet sales?
What is driving growth?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply function

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Luxury Portable Consumer Electronics in the United Arab Emirates - Category analysis

KEY DATA FINDINGS

2020 IMPACT

COVID-19 drives a shift in luxury portable consumer electronics towards domestic sales and e-commerce channels

Luxury wearables lead the category as TAG Heuer International SA retains leadership

Luxury Mobile Phones in the UAE continues to suffer the loss of Vertu

RECOVERY AND OPPORTUNITIES

COVID-19 accelerated the decline of luxury mobile phones

Innovation focuses on exclusive designs and personalisation as consumers seek a personal touch

Luxury wearables drives growth in luxury portable consumer electronics

CATEGORY DATA

Table 1 Sales of Luxury Portable Consumer Electronics by Category: Value 2015-2020
Table 2 Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Luxury Portable Consumer Electronics: % Value 2015-2019
Table 4 LBN Brand Shares of Luxury Portable Consumer Electronics: % Value 2016-2019
Table 5 Distribution of Luxury Portable Consumer Electronics by Format: % Value 2015-2020
Table 6 Forecast Sales of Luxury Portable Consumer Electronics by Category: Value 2020-2025
Table 7 Forecast Sales of Luxury Portable Consumer Electronics by Category: % Value Growth 2020-2025

Luxury Goods in the United Arab Emirates - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

Megatrends

Country Report

Luxury Portable Consumer Electronics in the United Arab Emirates

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

COVID-19 drives a shift in luxury portable consumer electronics towards domestic sales and e-commerce channels

Luxury wearables lead the category as TAG Heuer International SA retains leadership

Luxury Mobile Phones in the UAE continues to suffer the loss of Vertu

Overview

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Samples (FAQs about samples):

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Table of Contents

Luxury Portable Consumer Electronics in the United Arab Emirates - Category analysis

KEY DATA FINDINGS

2020 IMPACT

COVID-19 drives a shift in luxury portable consumer electronics towards domestic sales and e-commerce channels

Luxury wearables lead the category as TAG Heuer International SA retains leadership

Luxury Mobile Phones in the UAE continues to suffer the loss of Vertu

RECOVERY AND OPPORTUNITIES

COVID-19 accelerated the decline of luxury mobile phones

Innovation focuses on exclusive designs and personalisation as consumers seek a personal touch

Luxury wearables drives growth in luxury portable consumer electronics

CATEGORY DATA

Luxury Goods in the United Arab Emirates - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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