Market Share of MEA Luxury Goods Industry
The Middle East and Africa luxury goods market is a competitive market with the presence of various major players, such as Rolex SA, LVMH Moët Hennessy Louis Vuitton, Kering S.A., Compagnie Financière Richemont S.A., and Chanel SA. The key luxury goods players are embarking on mergers and acquisitions and entering into partnerships /agreements as one of their key strategies to achieve consolidation and optimize their offerings.
Major players are focusing on introducing new product offerings in the market to cater to the interests of the consumers as per ongoing fashion trends among goods, like footwear, accessories, and luggage bags. Since leather products have a significant role to play in the luxury goods market, top companies are engaged in delivering quality leather product offerings for fashion-inspiring consumers.
Middle East & Africa Luxury Goods Market Leaders
Rolex SA
LVMH Moët Hennessy Louis Vuitton
Kering S.A.
Compagnie Financière Richemont S.A.
Chanel S.A
*Disclaimer: Major Players sorted in no particular order
