The compound annual growth rate of the luxury goods industry in the Gulf Cooperation Council (GCC) countries witnessed a 17 percent decrease in 2020 during the COVID-19 pandemic. The global average decline in that year was 23 percent.
Compound annual growth rate of luxury goods market in the Gulf Cooperation Council countries from 2004 to 2020
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Bain & Company. (April 14, 2021). Compound annual growth rate of luxury goods market in the Gulf Cooperation Council countries from 2004 to 2020 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1237081/gcc-cagr-luxury-goods/
Bain & Company. "Compound annual growth rate of luxury goods market in the Gulf Cooperation Council countries from 2004 to 2020." Chart. April 14, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1237081/gcc-cagr-luxury-goods/
Bain & Company. (2021). Compound annual growth rate of luxury goods market in the Gulf Cooperation Council countries from 2004 to 2020. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1237081/gcc-cagr-luxury-goods/
Bain & Company. "Compound Annual Growth Rate of Luxury Goods Market in The Gulf Cooperation Council Countries from 2004 to 2020." Statista, Statista Inc., 14 Apr 2021, https://www.statista.com/statistics/1237081/gcc-cagr-luxury-goods/
Bain & Company, Compound annual growth rate of luxury goods market in the Gulf Cooperation Council countries from 2004 to 2020 Statista, https://www.statista.com/statistics/1237081/gcc-cagr-luxury-goods/ (last visited December 22, 2024)
Compound annual growth rate of luxury goods market in the Gulf Cooperation Council countries from 2004 to 2020 [Graph], Bain & Company, April 14, 2021. [Online]. Available: https://www.statista.com/statistics/1237081/gcc-cagr-luxury-goods/
