Qatar Luxury Goods Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Luxury Brands in Qatar and is segmented By Product Type (Clothing and Apparel, Footwear, Bags, Jewelry, Watches, and Other Types) and By Distribution Channel (Single-branded Stores, Multi-brand Stores, Online Stores, Other Distribution Channels).

Qatar Luxury Goods Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Qatar Luxury Goods Market Size

Qatar Luxury Good Market  Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 2.50 %
Market Concentration Low

Major Players

Qatar Luxury Good Market  Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Qatar Luxury Good Market with other markets in Consumer Goods and Services Industry

Apparel, Footwear & Accessories

Luxury Goods & Services

Recreational Goods

Baby Care

Beauty and Personal Care

Consumer Services

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Qatar Luxury Goods Market Analysis

The Qatar Luxury Good Market is expected to register a CAGR of 2.5% during the forecast period.

  • Qatar is regarded as the world's fastest-growing luxury market as it holds the majority stake in the Italian fashion brand Valentino and the landmark department stores Harrods and Printemps in London and Paris. Qatar is also developing its luxury label named Qela. However, with the impact of COVID-19, the restricted shopping timings have led the market to change its scenario, letting e-commerce grab the majority share in the country. Also, Qataris are considered the biggest buyers of goods in the Middle East but often shop in Dubai.
  • The Mall of Qatar's infrastructure is being improved in the run-up to the 2022 World Cup, with the luxury industry posing a huge potential to grow in the country. The region's a highly coveted and affluent market due to its soaring demand and is divided by several distribution channels, including clothing and apparel.
  • Rising funding for the fashion sector in Qatar and the increasing disposable income of consumers are major factors propelling the growth of the global Qatari luxury goods market.
  • The emergence of the e-commerce sector has provided consumers with easy access to information and prices of products. In addition, changing preference of urban consumers for innovative jewelry designs is projected to boost the growth of the global Qatari luxury goods market over the forecast period. However, factors such as fluctuations in the rate of inflation and political uncertainties in Qatar are projected to hinder the growth of the global Qatari luxury goods market over the forecast period.

Qatar Luxury Goods Industry Overview

The Qatar luxury goods market is moderately fragmented, with more than 50% of the market taken by many smaller local players tying up with luxury retailers across various sectors such as fashion, jewelry, and other accessories such as eyewear and leather goods. The presence of an affluent consumer base has also attracted several luxury retailers to the city. With Qatar's organized retail space going through a rapid expansion and a strong pipeline of mall openings, several international and regional retailers continue to establish and expand their presence in the country. The players involved in the market include Chanel, LVMH, Rolex, Kering, Joyalukkas, Giorgio Armani, Hugo Boss, Puig, PVH, Richemont, and others

Qatar Luxury Goods Market Leaders

  1. CHANEL

  2. LVMH

  3. Rolex

  4. Kering

  5. Joyalukkas

  6. *Disclaimer: Major Players sorted in no particular order
Qatar Luxury Good Market  Concentration
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Qatar Luxury Goods Market News

  • November 2022: The Giantto Group, a prominent LA-based jewelry company, officially launched 300 units of a collector's edition numbered and exclusive timepiece collection, just in time for the World Cup 2022 in Doha, Qatar.
  • November 2022: To celebrate the launch of the FIFA World Cup in Qatar, luxury brand Louis Vuitton launched its limited edition FIFA World Cup Collection of leather accessories.
  • August 2022: For its Fall/Winter 2022/2023 Pre-Collection, CHANEL unveiled two sneaker styles, each presented in two autumnal colorways. Both styles bring an athleisure aesthetic to the house's signature design elements, from quilted midsoles inspired by CHANEL flap bags to mesh interlocking C's.
  • April 2022: Louis Vuitton, a leading global French luxury fashion house, announced the news of its first store at Qatar Duty-Free in Hamad International Airport, Doha, which is scheduled to open soon. This new space will have a complete offer of leather goods, ready-to-wear, textiles, watches, jewelry, accessories, fragrances, and shoes from the women's and men's universes and highlights Maison's continued focus on travel.

Qatar Luxury Goods Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Clothing and Apparel
    • 5.1.2 Footwear
    • 5.1.3 Bags
    • 5.1.4 Jewelry
    • 5.1.5 Watches
    • 5.1.6 Other Types
  • 5.2 By Distribution Channel
    • 5.2.1 Single-branded Stores
    • 5.2.2 Multi-brand Stores
    • 5.2.3 Online Stores
    • 5.2.4 Other Distribution Channels

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 CHANEL
    • 6.3.2 LVMH
    • 6.3.3 Rolex
    • 6.3.4 KERING
    • 6.3.5 Joyalukkas
    • 6.3.6 PVH
    • 6.3.7 Giorgio Armani
    • 6.3.8 HUGO BOSS
    • 6.3.9 Prada SpA
    • 6.3.10 Valentino s.p.a
    • 6.3.11 Puig
    • 6.3.12 Qatar Luxury Group
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Qatar Luxury Goods Industry Segmentation

Luxury goods are premium, high-quality products that are not necessary for living but add value to consumers' appearance. 

The Qatar luxury good market is segmented by product type and distribution channels. Based on product type, the market is segmented into clothing and apparel, footwear, bags, jewelry, watches, and other types. Based on the distribution channels, the market is segmented into single-branded stores, multi-brand stores, online stores, and other distribution channels. 

For each segment, the market sizing and forecasts have been done based on value (in USD million).

By Product Type Clothing and Apparel
Footwear
Bags
Jewelry
Watches
Other Types
By Distribution Channel Single-branded Stores
Multi-brand Stores
Online Stores
Other Distribution Channels
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Qatar Luxury Goods Market Research FAQs

What is the current Qatar Luxury Good Market size?

The Qatar Luxury Good Market is projected to register a CAGR of 2.5% during the forecast period (2025-2030)

Who are the key players in Qatar Luxury Good Market?

CHANEL, LVMH, Rolex, Kering and Joyalukkas are the major companies operating in the Qatar Luxury Good Market.

What years does this Qatar Luxury Good Market cover?

The report covers the Qatar Luxury Good Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Qatar Luxury Good Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Qatar Luxury Good Industry Report

Statistics for the 2025 Qatar Luxury Good market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Luxury Good analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.