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This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in the US.

This report is a thorough analysis of UAE's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.

Growth of the wealth and volume of UAE HNWIs is expected to see an even larger percentage increase, growing by 48% to reach USD 269 billion in 2017. The total number of local HNWIs is forecast to grow by 43%, to reach over 69,000 in 2017. There were approximately 48,300 HNWIs in the UAE at the end of 2012. These HNWIs held USD 182 billion in wealth which equated to 41% of total individual wealth held in the country. Local HNWIs slightly underperformed the worldwide HNWI average during 2008 to 2012.

This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in the UAE.

Since the global financial crisis of 2008-2009, the organized retail market has been characterized by an increase in the amount of discounted and own-brand products. After-sun, self-tan and sun protection are not considered essential items and consumption patterns have been comparatively affected. Consumer segmentation analysis of the suncare market in Brazil reveals that better off and affluent wealth groups account for a larger share of the market than the moderate income and hard pressed wealth groups, suggesting strong potential for premium products.