With the expected population and tourism growth, the retail market in the region has skyrocketed, with Dubai opening its arms as one of the top retail hubs in the world. The country’s leapfrogging into the top tier of the global rankings of the prime retail destinations is just reward for all the effort put in by the mall developers.
Further, by our recent analysis in the latest research report, UAE Retail Industry Forecast to 2020, the UAE retail industry has been witnessing strong growth in sales for the past few years, and is expected to grow in the coming years as well. Surging public and private sector consumption along with the contribution of strong industry verticals (tourism, trade, banking, etc.) are expected to help the retail industry to grow at a CAGR of more than 7% during 2016-2020.
In the report, we have studied the UAE retail industry in terms of both market size and its segment, namely food and non-foo sector, along with its market forecast till 2020. Among the non-retail sector, colour cosmetic products market has shown an impressive performance, and is expected to grow at a CAGR of around 11% during 2016-2020. Additionally, our report also covers information about hair care and fragrance market in the UAE, along with in-depth analysis on the footwear and apparel market.
Key Topics Covered:
1. Analyst View
2. Research Methodology
3. Macroeconomic View of Arab World
4. Emerging Market Trends and Drivers
5. Economic Analysis and Driving Forces
6. Retail Market Outlook to 2020
7. Online Retailing
8. New Vistas
9. Key Players
– Al Azizia Panda United Inc.
– EMKE Group
– Fathima Group of Companies
– Majid Al Futtaim
– Spinneys Dubai LLC
For more information visit http://www.researchandmarkets.com/research/spdhk2/uae_retail
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Source: Research and Markets