NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2010/05/28 - With 80% of expatriate population in the UAE and Qatar, Middle East retail industry is set to witness a CAGR of over 13% during 2009-2013.
As per our recent research report “Middle East Retail Sector Forecast to 2013”, with huge potential, Middle East has emerged as focal point for global retail investors. During our forecast period, we expect Oman, followed by Jordan, to witness highest CAGR of over 31% and 22% respectively. Also, the retail market of Jordan will become more than double as compared to 2009 levels while Oman retail market will triple itself by 2013.
The countries that have been analyzed in the report are GCC countries including Kuwait, Bahrain, Saudi Arabia, Qatar, United Arab Emirates and Oman. Along with these countries, the retail sectors of Iran, Israel and Jordan have also been analyzed. The report says that growing Gross Leasable Area is one of the factors which will lead the retail sector to witness high growth rates in coming years. It also provides insight into the food market of all the analyzed countries. Moreover, retail formats like Hypermarkets and Supermarkets which are attracting customers to make purchases have been studied in the report. Changing lifestyle and eating habits, which can significantly affect the growth of retail market, have been thoroughly studied.
Additionally, the report dissects the organized and unorganized retail in various Middle East countries. It also forecast the sales of key consumer products at country level. Even though the sector is expected to post good growth rates, there are still certain hurdles which can restrict its growth. Our report highlights all such factors.
“Middle East Retail Sector Forecast to 2013” is a comprehensive research report that comprises quality research and in-depth analysis on the retail market in the Middle East. It studies the emerging market trends, recent developments and their impact on the sector. The report will help clients to analyze the leading-edge opportunities, key players, expected future outlook and all the other factors which are critical to the success of a new entrant in the Middle East retail sector.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.