Environment and sustainability
December 28, 2023
Tanagra is part of Middle Eastern luxury retail giant Chalhoub Group's portfolio of brands. Image: Chalhoub Group
By Luxury Roundtable Intelligence
Estimated at $480 million to $500 million in 2022, the luxury re-commerce market in the Gulf Cooperation Council countries – Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Kuwait and Oman – is expected to grow at a compound annual growth rate (CAGR) of 10 percent to 15 percent, reaching $760 million to $780 million by 2026.
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","iv":"45451e67ed7eaca80caf7e4e3452a931","s":"c9d88c465cdec3e4"}
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