What Does the UAE Luxury Jewelry Market Report Reveal About Industry Growth During 2026-2030?

A new study by MarkNtel Advisors takes a deep look at the UAE Luxury Jewelry Market size is valued at around USD 1.24 billion in 2026 and is projected to reach USD 2.24 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.36% during the forecast period, i.e., 2026-30.

This comprehensive study provides data-driven insights into key market drivers, ongoing challenges, and emerging opportunities. It aims to help businesses, investors, and decision-makers understand the market’s direction, assess potential risks, and make strategic, informed decisions for future growth.

Download Your Free PDF Sample– Explore market size, trends, and growth forecast for 2026-2030 and make data-driven decisions today! https://www.marknteladvisors.com/query/request-sample/luxury-jewelry-market-uae.html

What Is Driving the Growth of the UAE Luxury Jewelry Market?

Increasing Penetration of Bridal Jewelry Driving Market Growth – The UAE's wedding season increases the demand for luxury jewelry. This is because bridal jewelry accounts for a sizeable portion of the UAE market sales. This is reflected by the endorsement of diamonds & gold in wedding ceremonies.

A large number of destination weddings are hosted in the UAE by major people from South Asian & GCC countries. For instance, the number of destination weddings by Indians rose to 23% in 2024. This has turned places like Dubai & Abu Dhabi into a key sales hub during the peak season because a large part of the wedding budget is allocated to high-class bridal jewelry. This can be seen with the 37% rise in the cost of lavish weddings in the UAE over the last five years as of 2024. A larger part of this rising budget is allocated to bridal adornment, further creating the demand for luxury jewelry. This will keep driving market growth & expansion during the forecast period as well.

What Challenges Exist in the UAE Luxury Jewelry Market?

Increasing Risk of Counterfeit Products Impeding Market Growth – The rising number of counterfeit products is impeding the growth while undermining customer confidence & affecting brand integrity. For instance, around 4.63 million counterfeit products were confiscated by Dubai Customs in the first quarter of 2024, including luxury jewelry & others worth around USD1.48 million. These fake products look similar to the original product, which destroys the brand’s exclusivity while undermining the confidence of consumers in the brand. These situation leads to high operational expenses on legal action & technological authentication. Even with strict laws & enforcement measures, these fake products continue to hinder the market growth & expansion. To overcome this challenge, increased cooperation between authorities and industry players is needed to enhance intellectual property rights protection and consumer awareness.

Comprehensive Analysis: Preview detailed market analysis, including segmentation, competitive landscape, and Geographical insights – https://www.marknteladvisors.com/research-library/luxury-jewelry-market-uae.html

How Is the UAE Luxury Jewelry Market Segmented?

The market is categorized into multiple segments to offer a comprehensive understanding of its structure and performance.

By Product

-Necklace- Market Size & Forecast 2020-2030, (USD Million)

-Rings- Market Size & Forecast 2020-2030, (USD Million)

-Earrings - Market Size & Forecast 2020-2030, (USD Million)

-Bracelets- Market Size & Forecast 2020-2030, (USD Million)

-Others- Market Size & Forecast 2020-2030, (USD Million)

By Material Type

-Gold- Market Size & Forecast 2020-2030, (USD Million)

-Diamond- Market Size & Forecast 2020-2030, (USD Million)

-Gemstone- Market Size & Forecast 2020-2030, (USD Million)

-Platinum- Market Size & Forecast 2020-2030, (USD Million)

-Precious- Pearl Market Size & Forecast 2020-2030, (USD Million)

-Others- Market Size & Forecast 2020-2030, (USD Million)

By Gender

-Men- Market Size & Forecast 2020-2030, (USD Million)

-Women- Market Size & Forecast 2020-2030, (USD Million)

-Kids- Market Size & Forecast 2020-2030, (USD Million)

By Distribution Channel

-Online - Market Size & Forecast 2020-2030, (USD Million)

-Offline- Market Size & Forecast 2020-2030, (USD Million)

By Region

-Dubai

-Abu Dhabi

-Sharjah

-Northern Emirates.

Who Are the Key Players in the UAE Luxury Jewelry Market?

The competitive landscape analysis focuses on major companies shaping the market through innovation, strategic expansion, and acquisitions.

Leading Companies Include:

Cartier, Tiffany & Co., Bulgari, Van Cleef & Arpels, Damas, Graff, MKS Jewellery, Arqa Jewellery, Sana Al Maktoum Fine Jewellery, Galfa, and others.

These players are analyzed based on their market strategies, product portfolios, expansions, and partnerships to help readers understand how competition is evolving.

Why Should You Buy the UAE Luxury Jewelry Market Report?

·         Gain comprehensive insights into the industry’s growth drivers, restraints, and opportunities.

·         Access data-backed intelligence on key market trends, emerging technologies, and investment prospects.

·         Identify competitive strategies and business models adopted by leading players.

·         Understand regional variations and their impact on global market performance.

·         Leverage financial and strategic forecasts to make informed business decisions.

Can the Report Be Customized to Meet Specific Business Needs?

Yes. MarkNtel Advisors provides customized research reports tailored to your organization’s specific objectives and data requirements. These custom reports help businesses gain actionable insights, assess market competitiveness, and design effective strategies for sustainable growth.

Discuss Your Custom Requirements with Our Analyst – Refine data, segmentation, or forecasting as needed. - https://www.marknteladvisors.com/query/request-customization/luxury-jewelry-market-uae.html

About us

We have been a leading market research company in India for many years, conducting multi-industry market research across 80+ countries. Our reach spans major regions including America, Asia-Pacific, Europe, the Middle East & Africa, and key countries such as the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

As a top market research firm, our specialized team of experienced professionals excels at gathering accurate market insights, trends, and data. We provide our clients with comprehensive market research reports and actionable intelligence to support informed business decisions. Over the years, we have served some of the largest market research firms in India and are proficient in managing all types of market research projects, ensuring high-quality and reliable results

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