According to the latest report by IMARC Group, titled “Saudi Arabia Luxury Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Saudi Arabia luxury market size growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.5% during 2021-2026. Saudi Arabia is one of the richest Arab countries as well as the fastest-growing economies in the world. On account of the sustained economic growth and high per capita income, the country has witnessed an increase in spending on luxury products and services such as fragrances, cars, watc…

Read More