UAE Luxury Eyewear Market Forecast 2030: Emerging Trends
Future UAE Luxury Eyewear Market: Key Dynamics, Size & Share Analysis
The UAE Luxury Eyewear Market is estimated to grow at a CAGR of around 4.6% during the forecast period, i.e., 2025-30. The growing demand for luxury eyewear and growing customer spending on premium goods are two factors driving the rapid growth of the UAE Luxury Eyewear Market. About 52% of the consumers in UAE stated they are probably inclined to pay a 20% extra premium for a sustainable product or brand including luxury eyewear. Gucci, Prada, and Ray-Bans sunglasses are style accessories and a status symbol. Branding associates sunglasses with fame creating higher demand because of how social media and public locations such as influencers and celebrities who are selling luxury eyewear boost the popularity of the product. Also, The UAE is becoming a center for leisure, shopping, and entertainment because of the increasing number of tourists responsible for more than 50% of all luxury eyewear sales.
Top Challenges Impacting the UAE Luxury Eyewear Market Growth
Infiltration of Duplicate Products in the Market – UAE is a center for premium fashion and luxury products that has made it a target market for counterfeiters including eyewear, that is affecting local businesses and consumers alike. Fake eyewear, typically offered at reduced prices, diminishes the worth of authentic luxury brands such as; Ray-Ban, Gucci, Prada, and others. Such products are not only very dangerous for the brands being targeted but also to the human body, as fake luxury eyewear lacks UV protective quality material, which easily leads to eye strain or damage. In the UAE, even with stringent regulations and enforcement measures, the appetite for fake luxury items continues because they are easily available in both physical stores and online sites, adversely affecting the market growth. For instance; Millions of counterfeit products including luxury eyewear could be found in markets of Dubai’s Deira and Al-Karama districts.
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Understanding the Core Segments in the UAE Luxury Eyewear Market
UAE Luxury Eyewear Market Size, Share & Industry Trends Analysis- By Product Type (Eyeglasses [Prescription Glasses, Fashion Eyewear, Reading Glasses, Computer Glasses], Sunglasses [Designer Sunglasses, Fashion Sunglasses]), Contact Lenses, By Glass Type (Polaroid, Non-Polaroid), By Gender (Men, Women, Unisex, Kids), Age Group, (02-10, 11-17, 18-24, 25-40, 41-56, 57+), By Price Range (USD 100 – 300, USD 301 – 500, USD 501 – 700, USD 701 – 900, Greater than > USD 900), By Distribution Channels (Online, Offline [High-End Department Stores, Exclusive Brand Boutique, Optical Retailers, Luxury Retail Chains, Others]), By Size (Small, Medium, Large), By Frame Material (Metal, Plastic & Fiber), By Eyewear Shape (Rectangle, Square, Circle, Others), By Frame Type (Rimmed, Rimless, Semi-Rimmed) and Other
Geographical Analysis of the UAE Luxury Eyewear Market
- Dubai
- Abu Dhabi
- Sharjah
- Northern Emirates
Dubai leads the UAE Luxury Eyewear Market. It holds around 52.73% share of the total national market.
Who Dominates the UAE Luxury Eyewear Market Insights on Key Industry Players?
Companies are strengthening their presence in the UAE Luxury Eyewear market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Balckfin
- Boss
- Bulgari
- Calvin Klein
- Carrera
- Chloe
- Chopard
- Dior
- Giorgio Armani
- Cutler & Gross
- Others
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