1. Market Research
  2. > Retail Market Trends
  3. > Kuwait Retail Report Q3 2016

Kuwait Retail Report Q3 2016

  • June 2016
  • -
  • Business Monitor International
  • -
  • 59 pages

Includes 3 FREE quarterly updates

BMI View: Kuwait's oil-dependent economy is facing a notable slowdown, following a recent drop inglobal oil prices. This is negatively affecting business and consumer confidence levels, forcing householdsto re-allocate their spending priorities on essential goods and services. We believe that elevated inflation,triggered by removal of fuel subsidies and persisting housing shortages, will continue weighing onconsumer spending power over the coming quarters.

Key Updates and Forecasts

- Total household spending in the retail sector is expected to average 4.0% per annum during 2016-2020.Except for housing and utilities sub-sector, all other spending categories will see their shares declining interms of overall household expenditures over the next five years.

- Household expenditures will shift towards essential goods and services, with spending on housing andutilities leading the way. Despite relative affluence of the Kuwaiti population, we believe that essentialswill account for nearly three quarters of total household spending by the end of 2020.

- The share of households earning above USD10,000 will remain at around 80% across our forecast periodto 2020.

- In early 2016, US-based department stores retailer Macy's revealed that it will open a 93,000 square feetBloomingdales outlet at Kuwait's 360 Mall in spring 2017. The company has signed a strategicpartnership agreement with the UAE-based Al Tayer Group.

- In March 2016, Paris-based luxury fashion retailer Karl Lagerfeld opened its first 75 square metreconcept store at Avenues Mall in Kuwait.

Table Of Contents

Kuwait Retail Report Q3 2016
BMI Industry View 7
SWOT 9
Retail SWOT 9
Industry Forecast 11
Headline Retail Forecast 11
Table: Total Household Spending (Kuwait 2013-2020) 13
Table: Retail Sector Spending, % Of Total (Kuwait 2013-2020) 14
Table: Headline Retail Sector Spending (Kuwait 2013-2020) 16
Table: Retail Sector Spending, % of GDP (Kuwait 2013-2020) 18
Retail Sector Forecast 19
Food, Drink and Tobacco 20
Table: Food, Drink and Tobacco Spending (Kuwait 2013-2020) 21
Clothing and Footwear 21
Table: Clothing and Footwear Spending (Kuwait 2013-2020) 22
Household Goods 22
Table: Household Goods Spending (Kuwait 2013-2020) 23
Personal Care 24
Table: Personal Care Spending (Kuwait 2013-2020) 24
Household Numbers And Income Forecast 25
Table: Household Income Data (Kuwait 2013-2020) 26
Demographic Forecast 29
Table: Total Population (Kuwait 2013-2020) 31
Table: Population: Babies (Kuwait 2013-2020) 32
Table: Population: Young Children (Kuwait 2013-2020) 32
Table: Population: Children (Kuwait 2013-2020) 32
Table: Population: Young Teens and Older Children (Kuwait 2013-2020) 33
Table: Population: Young People (Kuwait 2013-2020) 33
Table: Population: Older Teenagers (Kuwait 2013-2020) 33
Table: Population: 21yrs + (Kuwait 2013-2020) 34
Table: Population: Young Adults (Kuwait 2013-2020) 34
Table: Population: Middle Aged (Kuwait 2013-2020) 34
Table: Population: Urban (Kuwait 2013-2020) 35
Industry Risk/Reward Index 36
Middle East And North Africa Risk/Reward Index 36
Table: Middle East And North Africa Retail Risk/Reward Index, Q316 36
Kuwait Industry Risk/Reward Index 37
Rewards 37
Risks 38
Market Overview 39
Competitive Landscape 43
Clothing and Footwear 43
Table: Selected Clothing and Footwear Retailers 43
Household Goods 44
Table: Selected Household Goods Retailers 44
Electronics 44
Table: Selected Electronics Retailers 44
Department Stores 45
Table: Selected Department Stores 45
E-Commerce 45
Table: Selected E-Commerce Retailers 45
Pharmacies 45
Table: Selected Pharmacies 45
Glossary 46
Methodology 53
Industry Forecast Methodology 53
Sources 56
Risk/Reward Index Methodology 56
Table: Retail Risk/Reward Index Indicators 57
Table: Weighting Of Indicators 59

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Quarterly Beverage Tracker First Quarter 2016: East Europe; Comprehensive Quarterly Analysis of Year on Year Performance for All Commercial Beverages

Quarterly Beverage Tracker First Quarter 2016: East Europe; Comprehensive Quarterly Analysis of Year on Year Performance for All Commercial Beverages

  • $ 12 400
  • Industry report
  • May 2016
  • by Canadean Ltd

Summary The improving economic conditions across the region have been reflected by increased consumer confidence levels. Belarus and Ukraine have seen the biggest decreases in consumption as the economies ...

Global Retail Sales of Home Improvement and Gardening Supplies Retailers: Market Size, Growth and Forecast to 2020

Global Retail Sales of Home Improvement and Gardening Supplies Retailers: Market Size, Growth and Forecast to 2020

  • $ 10 995
  • Industry report
  • August 2016
  • by Verdict Retail

Summary Verdict Retail's, "Global Retail Sales of Home Improvement and Gardening Supplies Retailers: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails ...

Global Retail Sales of Clothing, Footwear, Accessories and Luxury Goods Specialists: Market Size, Growth and Forecast to 2020

Global Retail Sales of Clothing, Footwear, Accessories and Luxury Goods Specialists: Market Size, Growth and Forecast to 2020

  • $ 10 995
  • Industry report
  • August 2016
  • by Verdict Retail

Summary Verdict Retail's, "Global Retail Sales of Clothing, Footwear, Accessories and Luxury Goods Specialists: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics ...


Download Unlimited Documents from Trusted Public Sources

Retail Markets in the US

  • September 2016
    2 pages
  • Retail  

  • United States  

View report >

Retail Sales Demand in Canada - Forecast

  • September 2016
    2 pages
  • Retail Sales  

  • Canada  

    North America  

View report >

Retail Industry in the US - Forecast

  • September 2016
    5 pages
  • Retail  

  • United States  

View report >

Related Market Segments :

Retail
Housing

ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.