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

The Report Covers Luxury Goods Market Growth in Qatar and it is segmented by Type (Clothing and Apparel, Footwear, Bags, Jewellery, Watches, and Other Accessories), by Distribution Channel (Single Brand Stores, Multi Brand Stores, Online Stores, and Other Distribution Channels), and by Gender (Male and Female). The Market Size and Forecasts Are Provided in Terms of Value (USD Million) for All the Above Segments.

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

Luxury Goods Qatar Market Size

Qatar Luxury Goods Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 2.55 %
Market Concentration Medium

Major Players

Qatar Luxury Goods Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Qatar Luxury Goods 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

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before: 28th Feb 2025

Luxury Goods Qatar Market Analysis

The Qatar Luxury Goods Market is expected to register a CAGR of 2.55% during the forecast period.

  • Qatar is a rising luxury goods market with prominent fashion brands such as Valentino and landmark department stores including Harrods and Printemps. Qatar is also focusing on developing its own luxury label named Qela. 
  • However, with the impact of COVID-19, the closed stores in tandem with limited shopping timings led the market to change its scenario, allowing online stores to grab the opportunity. Also, consumers in Qatar are considered the biggest buyers of goods in the Middle East, and the luxury goods industry is poised for the huge potential for growth in coming years.
  • The rising Internet penetration has provided consumers with easy access to information about products, and they can easily compare the prices of different products. Furthermore, consumer preferences are changing, wherein more demand is placed on innovative jewelry designs, supporting market demand and growth for luxury goods in the Qatar market over the forecast years. 
  • However, factors such as pricing fluctuations, inflation rates, and political uncertainties in Qatar are expected to hinder market growth over the forecast period.

Luxury Goods Qatar Industry Overview

The Qatar luxury market is moderately fragmented, with a major share of the market taken by many small 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. Prominent market players include Chanel, LVMH, Rolex, Kering, Joyalukkas, and Giorgio Armani, among others.

Luxury Goods Qatar Market Leaders

  1. Chanel

  2. LVMH

  3. Rolex

  4. Kering

  5. Joyalukkas

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

  • November 2022: A luxury e-commerce website, Ounass, was launched in Qatar, where consumers can shop for luxury brands, including Gucci, Saint Laurent, Balenciaga, etc. Consumers can shop for men's, women's, and children's ready-to-wear clothing, handbags, footwear, cosmetics, fine jewelry, and home goods.
  • April 2022: Louis Vuitton, a leading global French luxury fashion house, announced the launch of its first store at Qatar Duty-Free in Hamad International Airport, Doha. This space will offer consumers leather goods, ready-to-wear, textiles, watches, jewelry, accessories, fragrances, and shoes for both men and women.

Luxury Goods Qatar 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 INSIGHTS

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

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Clothing and Apparel
    • 5.1.2 Footwear
    • 5.1.3 Bags
    • 5.1.4 Jewellery
    • 5.1.5 Watches
    • 5.1.6 Other Accessories
  • 5.2 By Distribution Channel
    • 5.2.1 Single Brand Stores
    • 5.2.2 Multi Brand Stores
    • 5.2.3 Online Stores
    • 5.2.4 Other Distribution Channels
  • 5.3 By Gender
    • 5.3.1 Male
    • 5.3.2 Female

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Positioning of Key Players
  • 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 Giorgio Armani
    • 6.3.7 Hugo boss
    • 6.3.8 Puig
    • 6.3.9 PVH
    • 6.3.10 Richemont
    • 6.3.11 Prada SpA
  • *List Not Exhaustive

7. MARKET OPPURTUNITIES AND FUTURE TRENDS

8. ABOUT US

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Luxury Goods Qatar Industry Segmentation

Luxury goods are those goods that are highly desired and are associated with the status symbol of wealthy and affluent people. 

The demand for such goods increases more than what is proportional as income rises, so expenditures on the goods become a greater proportion of overall spending. The Qatar luxury goods market is segmented by type, distribution channel, and gender. Based on type, the market is segmented into clothing and apparel, footwear, bags, jewelry, watches, and other accessories. Based on the distribution channel, the market is segmented into single-brand stores, multi-brand stores, online stores, and other distribution channels. Based on gender, the market is segmented into males and females. 

The market sizing and forecasts have been done based on USD million value for each segment.

By Type Clothing and Apparel
Footwear
Bags
Jewellery
Watches
Other Accessories
By Distribution Channel Single Brand Stores
Multi Brand Stores
Online Stores
Other Distribution Channels
By Gender Male
Female
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Luxury Goods Qatar Market Research FAQs

What is the current Qatar Luxury Goods Market size?

The Qatar Luxury Goods Market is projected to register a CAGR of 2.55% during the forecast period (2025-2030)

Who are the key players in Qatar Luxury Goods Market?

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

What years does this Qatar Luxury Goods Market cover?

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

Luxury Goods in Qatar Industry Report

Statistics for the 2025 Qatar Luxury Goods market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Luxury Goods 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.