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Learn moreJan 2021
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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 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.
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
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.
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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.