Middle East Retail Sector Forecast to 2013

• Publication date: October 2011

The Middle East has emerged as a key market for retailers across the world. Retail has been one of the fastest growing industries in the region for the past few years. Favorable government policy frameworks and active participation by the private sector have facilitated the region and its retail industry to become one of the world’s most desirable retail environments, in terms of investments and revenue generation. Moreover, changing market dyn...

The Middle East has emerged as a key market for retailers across the world. Retail has been one of the fastest growing industries in the region for the past few years. Favorable government policy frameworks and active participation by the private sector have facilitated the region and its retail industry to become one of the world’s most desirable retail environments, in terms of investments and revenue generation. Moreover, changing market dynamics, rapid economic development, balancing crude oil prices, rising purchasing power, and strong consumer confidence are strengthening the region’s retail industry.

The retail culture has evolved from traditional outlets to large shopping malls, hypermarkets, supermarkets, and organized chains. Changing consumer demographics in countries, like Saudi Arabia and the UAE, presence of large expatriate population, improving purchasing power, and abundance of petro dollar have attracted premium and luxury brands to the region.

Our team of experts has also found that the Gulf region has undergone the biggest transformation in floor space in the retail history. Massive capital investments will bring transcendental changes in the physical setting of the shopping experience. The expansion of retail space in the Middle East, and the construction of new malls will provide opportunities to both national and international retailers (including brands) to increase their presence and penetration in the region. Besides, we also anticipate that the Middle East retail industry will grow at a CAGR of around 10% during 2011-2014 to reach over US$ 1,000 Billion by 2014.

Our report “Middle East Retail Sector Forecast to 2013” provides an extensive research and in-depth analysis on the country-wise retail sector in the Middle East. It will help clients analyze leading-edge opportunities critical to the success of the retail industry in the Middle East countries. Detailed data and analysis will help investors, builders, and global retail players navigate through the Middle East’s evolving retail sector.

Besides, the report also analyzes macroeconomic factors critical to the retail sector, along with their impact on the sector. It also identifies key players in each country and includes their detailed business descriptions. Additionally, the report sheds light on the emerging industry trends, which are expected to decide the future of the region’s retail sector.

Global Food Retailing Industry

Table of Contents

1. Analyst View
2. Middle East Retail Market Outlook to 2013
2.1 Market Overview
2.1.1 Saudi Arabia
2.1.1.1 Market Overview
2.1.1.2 Retail Formats
2.1.1.3 Competitive Landscape
2.1.2 Turkey
2.1.2.1 Market Overview
2.1.2.2 Retail Formats
2.1.2.3 Competitive Landscape
2.1.3 Egypt
2.1.3.1 Market Overview
2.1.3.2 Retail Formats
2.1.3.3 Competitive Landscape
2.1.4 Israel
2.1.4.1 Market Overview
2.1.4.2 Retail Formats
2.1.4.3 Competitive Landscape
2.1.5 UAE
2.1.5.1 Market Overview
2.1.5.2 Retail Formats
2.1.5.3 Competitive Landscape
2.1.6 Oman
2.1.6.1 Market Overview
2.1.6.2 Competitive Landscape
2.1.7 Kuwait
2.1.7.1 Market Overview
2.1.7.2 Competitive Landscape
2.1.8 Qatar
2.1.8.1 Market Overview
2.1.8.2 Competitive Landscape
2.1.9 Iran
2.1.9.1 Market Overview
2.1.10 Jordan
2.1.10.1 Market Overview
3. Industry Roadblocks
3.1 Ethical, Religious and Cultural Issues
3.2 Counterfeit Products
3.3 Sustaining Competitive Edge

List of Figures:

Figure 2-1: Middle East - Retail Market (Billion US$), 2010-2014
Figure 2-2: GCC - Incremental Gross Leasable Area by Country (%), 2010
Figure 2-3: Saudi Arabia - Retail Market (Billion US$), 2010-2014
Figure 2-4: Saudi Arabia - Share of Food and Non-Food Retail Sales (2010)
Figure 2-5: Saudi Arabia - Forecast for Share of Food and Non-Food Retail Sales (2014)
Figure 2-6: Saudi Arabia - Incremental GLA (Million m²), 2009-2012
Figure 2-7: Riyadh - Cumulative Shopping Mall Supply by GLA (Million m²), 2010 & 2013
Figure 2-8: Jeddah - Cumulative Shopping Mall Supply by GLA (Million m²), 2010 & 2013
Figure 2-9: Eastern Province - Cumulative Shopping Mall Supply by GLA (Million m²), 2010 & 2013
Figure 2-10: Turkey - Retail Market (Billion US$), 2010-2014
Figure 2-11: Turkey - Share of Food and Non-Food Retail Sales (2010)
Figure 2-12: Turkey - Forecast for Share of Food and Non-Food Retail Sales (2014)
Figure 2-13: Turkey - Shopping Centre Development by GLA (Million m²), 2009-2011
Figure 2-14: Istanbul - GLA per 1000 Capita (m²), 2010 & 2013
Figure 2-15: Ankara - GLA per 1000 Capita (m²), 2010 & 2013
Figure 2-16: Denizli - GLA per 1000 Capita (m²), 2010 & 2013
Figure 2-17: Turkey - Share of Organized Retailers in Food Market (2010)
Figure 2-18: Turkey - Share of Retail Outlets by Format (2008 & 2011)
Figure 2-19: Egypt - Retail Market (Billion US$), 2010-2014
Figure 2-20: Egypt - Share of Food and Non-Food Retail Sales (2010)
Figure 2-21: Egypt - Forecast for Share of Food and Non-Food Retail Sales (2014)
Figure 2-22: Cairo - Cumulative Shopping Mall Supply by GLA (Million m²), 2010 & 2013
Figure 2-23: Egypt – Share of Food Outlets by Format (2009 & 2011)
Figure 2-24: Israel - Retail Market (Billion US$), 2010-2014
Figure 2-25: Israel - Share of Food and Non-Food Retail Sales (2010)
Figure 2-26: Israel - Forecast for Share of Food and Non-Food Retail Sales (2014)
Figure 2-27: Israel - Share of Organized and Unorganized Retail Food Sales (2010)
Figure 2-28: UAE - Retail Market (Billion US$), 2009-2014
Figure 2-29: UAE - Share of Food and Non-Food Retail Sales (2010)
Figure 2-30: UAE - Forecast for Share of Food and Non-Food Retail Sales (2014)
Figure 2-31: UAE - Cumulative Retail Supply by GLA (Million m2), 2010 & 2014
Figure 2-32: Dubai - Cumulative Retail Supply by GLA (Million m2), 2010 & 2013
Figure 2-33: Abu Dhabi - Cumulative Shopping Mall Supply by GLA (Million m2), 2010 & 2013
Figure 2-34: Abu Dhabi - Existing Supply Breakup by GLA (%)
Figure 2-35: Dubai - Share of Tourism Industry in Retail Sales (2006 & 2010)
Figure 2-36: Oman - Retail Market (Million Rial), 2008-2014
Figure 2-37: Oman - Incremental GLA (Million m²), 2009-2011
Figure 2-38: Kuwait - Retail Market (Billion US$), 2009 & 2014
Figure 2-39: Kuwait - Incremental GLA (Million m²), 2010 & 2012
Figure 2-40: Qatar - Incremental GLA (Million m²), 2009-2012
Figure 2-41: Doha - Cumulative Shopping Mall Supply by GLA (Million m2), 2010 & 2012
Figure 2-42: Qatar - Distribution of Retail Space (%), 2010
Figure 2-43: Iran - Retail Market (Billion US$), 2010-2014
Figure 2-44: Iran - Share of Food and Non-Food Retail Sales (2010)
Figure 2-45: Jordan - Retail Market (Million Dinar), 2008-2014

List of Tables:

Table 2-1: Top Retailers of Middle East/Africa (2009)
Table 2-2: Saudi Arabia - Opportunities and Challenges for Retail Market
Table 2-3: Saudi Arabia - Key Consumer Product Sales (Million US$), 2009-2013
Table 2-4: Turkey - Key Consumer Product Sales (Million US$), 2009-2013
Table 2-5: Turkey - Major Retail Projects by GLA (m²), H1 2010
Table 2-6: Egypt - Key Consumer Product Sales (Million US$), 2009-2013
Table 2-7: Egypt - Opportunities and Challenges for Retail Market
Table 2-8: Israel - Major Supermarket Chains
Table 2-9: Israel - Key Consumer Product Sales (Million US$), 2009-2013
Table 2-10: UAE - Major Retail Projects by Value (Billion US$)
Table 2-11: UAE - Companies Operating Superstores/Supermarkets/Hypermarkets
Table 2-12: UAE - Companies Operating Grocery Stores/C-Stores/Gas Marts
Table 2-13: UAE - Opportunities and Challenges for Retail Market
Table 2-14: Oman - Major Retail Projects by GLA (m²)
Table 2-15: Kuwait - Major Retail Projects by GLA (m²)
Table 2-16: Qatar - Major Retail Projects by GLA (m²)
Table 2-17: Iran - Key Consumer Product Sales (Million US$), 2009-2013