Dubai Garment Industry Can Not Be Underestimated.

Dubai is a poor country in our mind to the state of money. As a luxury country, its clothing industry can not be underestimated. According to the Dubai industrial and commercial bureau report, the sales of clothing and footwear in Dubai have increased by 5.5% since 2010, and the market value is expected to be 12 billion 800 million US dollars in 2015.

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The clothing department of Dubai has a value of 10 billion 400 million US dollars and a compound annual growth rate of 5.8%, the report said.

However, in recent years, the growth of footwear and sports apparel sector has slowed down, with a rough calculation of US $2 billion 400 million and US $1 billion respectively.

The increase in supply is following the growth of consumer demand. New stores are emerging, new brands are appearing, and the retail market is expanding in 2015.

The head of the Dubai industry and Commerce Bureau said that economic growth, population growth and increase of residents' income are the driving force for the growth of Dubai's main retail sector.

The industry and Commerce Bureau report also shows that although Dubai has been

Famous for its paradise, but the brand at the middle price has also gradually developed, mainly due to the growth of the limited budget tourists.

At the same time, due to the pursuit of fashion by consumers, international brands focus on consumption growth in the Middle East and continue to set up new stores in Dubai.

Dubai industry and Commerce Bureau expects that Dubai's consumer confidence and tourist support will continue to grow in the medium term, and will continue to promote the development of Dubai's retail business.

Dubai's Emirates' clothing and footwear sales are expected to reach $13 billion 500 million this year and will grow at a CAGR of 6.6% to 2020, when sales are expected to reach $17 billion, the report said.

The sales volume of clothing sector is expected to grow at a compound annual growth rate of 6.9%, which will exceed 14 billion dollars by 2020. The footwear and sportswear market is expected to have a compound annual growth rate of 5% and 5.6%, respectively, reaching 3 billion US dollars and 1 billion 300 million US dollars by 2020.

The report also shows that the sales growth of consumer electronics in Dubai in the past five years is 8.9%, and it is estimated to be 2 billion 400 million US dollars in 2015.

In the next five years, the scale of Dubai's consumer electronics market is expected to grow by 4.7%, and it will exceed 3 billion dollars by 2020.

According to the report, cosmetology and personal hygiene in Dubai

The market value is US $1 billion 200 million, of which 51% comes from the public beauty care section. In 2015, the volume of public beauty care was 616 million 800 thousand dollars.

The high-end beauty care part is another important part of the beauty and personal care market, with a turnover of US $449 million in 2015, accounting for 37% of the total market.