Watches In The United Arab Emirates

Submitted by Sharon Williams | November 8, 2021 | Business

The majority of luxury watch sales in the United Arab Emirates are fuelled by high-income tourists. The slow return of these tourists negatively impacted growth in 2021, although sales expected to get close to 2019 levels by 2022. Many travellers also view exclusive timepieces as an investment vehicle, with this expected to fuel the recovery of this high-end niche group of watches. There is growing interest among local UAE consumers in high-value watches as an investment asset.

Article source: https://marketreportsonsaudiarabia.com/report/664807/watches-in-the-united-arab-emirates

Tag: # united arab emirates watches market report

Sharon Williams

Submitted by: Sharon Williams

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