1. Market Research
  2. > Retail Market Trends
  3. > United Arab Emirates Retail Report Q4 2015

United Arab Emirates Retail Report Q4 2015

  • October 2015
  • -
  • Business Monitor International
  • -
  • 65 pages

Includes 3 FREE quarterly updates

BMI View: Despite the fall in oil prices which damaged the oil dependent economy of the UAE, there arestrong forecasts for growth in the region. With GDP expected to see growth of 4.0% in 2015, householdspending is also expected to see strong growth during our forecast period. Most of this spending goes onhousing and utilities, illustrating the high costs of living in the country; but there still exists a number ofopportunities for retailers in the country.The UAE is highly reliant on oil revenue; as a result, the fall in oil prices during the end of 2014 andbeginning of 2015 resulted in a damage to the UAE economy. However the prices have stabilised to aroundUSD60 a barrel which looks to be the new normal, and the UAE economy continues to grow overall. RealGDP increased by 3.9% in 2014, a marked improvement from growth of just 1.6% in 2010.

We expect tosee real GDP growth reach 4.0% in 2015 and this will bode well for growth in the UAE's retail market.Household spending is expected to increase as GDP increases due to higher levels of income. The increasein household spending is driven by the increase in total households as well as the increase in households inthe high-income bracket. However, the increase in household spending is offset by the fact that 40% of it isconsistently taken up on expenditure on housing and utilities due to the extremely high rates of rent in theUAE. Outside of spending on housing and utilities, spending on food and drink represents the largest area ofspending, whilst spending on clothing and footwear represents the fastest growing sub-sector during ourforecast period.

Table Of Contents

United Arab Emirates Retail Report Q4 2015
BMI Industry View 7
SWOT 9
Political 11
Economic 12
Industry Forecast 13
Headline Retail Forecast 13
Table: Total Household Spending (United Arab Emirates 2012-2019) 15
Table: Retail Sector Spending, % Of Total (United Arab Emirates 2012-2019) 15
Table: Headline Retail Sector Spending (United Arab Emirates 2012-2019) 16
Table: Retail Sector Spending, % of GDP (United Arab Emirates 2012-2019) 18
Retail Sector Forecast 19
Food, Drink and Tobacco 19
Table: Food, Drink and Tobacco Spending (United Arab Emirates 2012-2019) 19
Clothing and Footwear 20
Table: Clothing and Footwear Spending (United Arab Emirates 2012-2019) 21
Household Goods 21
Table: Household Goods Spending (United Arab Emirates 2012-2019) 21
Personal Care 22
Table: Personal Care Spending (United Arab Emirates 2012-2019) 23
Household Numbers And Income Forecast 24
Table: Household Income Data (United Arab Emirates 2012-2019) 24
Table: Labour Market Data (United Arab Emirates 2012-2019) 27
Demographic Forecast 28
Table: Total Population (United Arab Emirates 2012-2019) 29
Table: Population: Babies (United Arab Emirates 2012-2019) 29
Table: Population: Young Children (United Arab Emirates 2012-2019) 30
Table: Population: Children (United Arab Emirates 2012-2019) 30
Table: Population: Young Teens and Older Children (United Arab Emirates 2012-2019) 30
Table: Population: Young People (United Arab Emirates 2012-2019) 31
Table: Population: Older Teenagers (United Arab Emirates 2012-2019) 31
Table: Population: 21yrs + (United Arab Emirates 2012-2019) 31
Table: Population: Young Adults (United Arab Emirates 2012-2019) 32
Table: Population: Middle Aged (United Arab Emirates 2012-2019) 32
Table: Population: Urban (United Arab Emirates 2012-2019) 32
Macroeconomic Forecasts 33
Private Spending Growth To Remain High 34
Modest Growth For Oil Sector 36
Table: Economic Activity (United Arab Emirates 2010-2019) 37
Table: GDP By Expenditure (United Arab Emirates 2012-2019) 37
Industry Risk Reward Index 39
Middle East And North Africa Risk/Reward Index 39
Table: Middle East And North Africa Retail Risk/Reward Index 39
Industry Risk/Reward Index 40
Rewards 40
Risks 41
Market Overview 43
Retail Formats 43
Competitive Landscape 46
Department Store Groups 46
Mass Grocery Retail 47
Fashion 48
Consumer Electronics 49
Glossary 51
Methodology 59
Industry Forecast Methodology 59
Sources 62
Risk/Reward Index Methodology 62
Table: Retail Risk/Reward Index Indicators 63
Table: Weighting Of Indicators 65

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 Ahmad

+1 718 618 4302

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

Global Retail Markets

  • September 2016
    18 pages
  • Retail  

    E-Commerce  

  • Europe  

    World  

    Germany  

View report >

Retail Statistics in Australia, Weekly Update

  • September 2016
    8 pages
  • Retail  

    Crude Oil  

  • Australia  

    OECD  

    Oceania  

View report >

Retail Statistics

5 days ago

Related Market Segments :

Retail

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

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