Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the UAE gems and jewelry market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing disposable income, rising demand for fashionable jewelry in the country and increasing innovation in existing offerings. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the UAE gems and jewelry market. Methodology Followed for Calculation of Market Size: • Market Size by Value: Market size, in terms of value, for the year 2021 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as gems and jewelry companies, channel partners, market influencers & end users, industry experts, and other industry participants. • The team interviewed 20 gems and jewelry companies, 300 end users, and 15 industry experts and other value chain stakeholders in the UAE gems and jewelry market to obtain the overall market size from 2017 to 2021, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out to arrive at the market size data during 2017-2021. © TechSci Research 9 9
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