UAE Pre-owned Luxury Watches Market Size & Outlook
The pre-owned luxury watches market in the UAE is expected to reach a projected revenue of US$ 816.7 million by 2030. A compound annual growth rate of 6.9% is expected of the UAE pre-owned luxury watches market from 2024 to 2030.
Revenue, 2023 (US$M)
$511.9
Forecast, 2030 (US$M)
$816.7
CAGR, 2024 - 2030
6.9%
Report Coverage
UAE
UAE pre-owned luxury watches market, 2018-2030 (US$M)
Related Markets
UAE pre-owned luxury watches market highlights
- The UAE pre-owned luxury watches market generated a revenue of USD 511.9 million in 2023 and is expected to reach USD 816.7 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, automatic was the largest revenue generating type in 2023.
- Automatic is the most lucrative type segment registering the fastest growth during the forecast period.
Pre-owned luxury watches market data book summary
| Market revenue in 2023 | USD 511.9 million |
| Market revenue in 2030 | USD 816.7 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Automatic |
| Fastest growing segment | Automatic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automatic, Manual |
| Key market players worldwide | EBay Inc, Compagnie Financiere Richemont SA Class A, Watches of Switzerland Group PLC, Chrono24, WatchBox, Bob's Watches, Crown & Caliber, TrueFacet, Govberg Jewelers, Watch Club |
Other key industry trends
- In terms of revenue, UAE accounted for 2.1% of the global pre-owned luxury watches market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE pre-owned luxury watches market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 462.0 million by 2030.
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Pre-owned Luxury Watches Market Scope
Pre-owned luxury watches market segmentation & scope
Pre-owned Luxury Watches Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE pre-owned luxury watches market size, by type, 2018-2030 (US$M)
UAE Pre-owned Luxury Watches Market Outlook Share, 2023 & 2030 (US$M)
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