Please find below, studies on the Luxury sector.

• Middle East Premium Fragrance Sector

  The perfume industry is a strong one in the Middle East. According to a Channels Exhibitions press release in November 2008, perfume sales are up 41% and cosmetics 70% in Dubai, 72% and 114% in Qatar, while combined figures for Bahrain show an increase of 48%, Kuwait 28%, Abu Dhabi 19.27% and Oman 13.9%.

This report first appeared in Gulf Marketing Review's April 2009 issue.

Background

The perfume industry is a strong one in the Middle East. According to a Channels Exhibitions press release in November 2008, perfume sales are up 41% and cosmetics 70% in Dubai, 72% and 114% in Qatar, while combined figures for Bahrain show an increase of 48%, Kuwait 28%, Abu Dhabi 19.27% and Oman 13.9%.

Overall, regional duty-free sales are projected to post an annual average growth of 10.3%, compared to 4.6% globally, by 2010, according to a Generation Databank report.