Posts

Showing posts with the label Saudi Arabia Luxury Market growth

Saudi Arabia Luxury Market Overview 2019: Growth, Demand and Forecast Research Report to 2024

The Saudi Arabia luxury market has witnessed strong growth over the past several years. The high per capita income, along with rising tourist inflow and increasing investments in retail infrastructure projects, is giving an impetus to the market growth. Want more information about this market? Request a free report sample:  https://www.imarcgroup.com/saudi-arabia-luxury-market/requestsample According to the latest report by IMARC Group, titled “ Saudi Arabia Luxury Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the Saudi Arabia luxury market reached a value of US$ 14.5 Billion in 2018. Saudi Arabia is one of the richest Arab countries as well as the fastest growing economies in the world. On account of the sustained economic growth and high per capita income, the country has witnessed an increase in spending on luxury products and services such as fragrances, cars, watches, leather items, hotels, etc. Moreover, the Kingdom is investing...