Global Retailing: Retail in the GCC – Locating Potential in a Slowing Global Market
Euromonitor International's Global Retailing: Retail in the GCC – Locating Potential in a Slowing Global Market examines whether recent high growth rates can be sustained in an economic downturn. Growth has been boosted by richer consumers spending more and some companies’ decision to sell a wider range of non-food products. Rising sales have supported expansion into new markets, new store formats and moves into private label products. However, the economic downturn has set some of these strategies back, this analysis looks at whether grocery retailers will continue to enjoy similar rates of growth in the future.
Chapters: 15 | Publication date: Apr 2009
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- Get insight into trends in market performance
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Regional coverage
Western Europe; Eastern Europe; North America; Latin America; Asia-Pacific; Oceania; Africa and the Middle East
Table of contents
INTRODUCTION
Chart 1 Introduction
DEFINITIONS
Chart 2 Introduction
SOURCES
Chart 3 Introduction
KEY FINDINGS
Chart 4 Introduction
RETAILING IN THE GCC: GEOGRAPHIC SCOPE
Chart 5 Introduction
SWOT – RETAILING IN THE GCC MARKETS
Chart 6 Introduction
THE GCC – A TOP 20 GLOBAL RETAIL MARKET
Chart 7 Introduction
GCC – CURRENT PROSPECTS
Chart 8 Introduction
REGIONAL ANALYSIS
Chart 9 Regional Analysis
GCC MARKET DYNAMICS AND FUTURE PROSPECTS
Chart 10 Regional Analysis
REGIONAL ANALYSIS: SAUDI ARABIA
Chart 11 Regional Analysis: Saudi Arabia
FOCUS ON SAUDI ARABIA
Chart 12 Regional Analysis: Saudi Arabia
NON-FOOD DRIVES GROWTH IN BIGGEST GCC MARKET
Chart 13 Regional Analysis: Saudi Arabia
RETAIL CONSOLIDATION HELPS DRIVE DEVELOPMENT IN SAUDI ARABIA
Chart 14 Regional Analysis: Saudi Arabia
AL- AZIZIA PANDA CONSOLIDATES ITS LEAD IN SAUDI ARABIA
Chart 15 Regional Analysis: Saudi Arabia
GENDER POLITICS: RELIGIOUS RULES AFFECT SAUDI RETAIL STRATEGIES
Chart 16 Regional Analysis: Saudi Arabia
WINNERS AND LOSERS IN SAUDI ARABIAN RETAILING 2008-2013
Chart 17 Regional Analysis: Saudi Arabia
SAUDI ARABIAN RETAIL FORECASTS: CHANNELS TO WATCH
Chart 18 Regional Analysis: Saudi Arabia
REGIONAL ANALYSIS: UNITED ARAB EMIRATES
Chart 19 Regional Analysis: United Arab Emirates
FOCUS ON UNITED ARAB EMIRATES (UAE)
Chart 20 Regional Analysis: United Arab Emirates
SEVEN DIVERSE EMIRATES, SEVEN DIVERSE MARKETS
Chart 21 Regional Analysis: United Arab Emirates
MALL DEVELOPMENT DEFINES UAE RETAIL MARKET
Chart 22 Regional Analysis: United Arab Emirates
MODERN GROCERY FORMATS DOMINATE UAE GROCERY RETAIL
Chart 23 Regional Analysis: United Arab Emirates
UAE RETAIL SUCCESS AS TOURISM GROWTH STUTTERS
Chart 24 Regional Analysis: United Arab Emirates
CHANGING EXPECTATIONS FOR DUBAI RETAIL
Chart 25 Regional Analysis: United Arab Emirates
REGIONAL ANALYSIS: QATAR
Chart 26 Regional Analysis: Qatar
FOCUS ON QATAR
Chart 27 Regional Analysis: Qatar
ROOM FOR DEVELOPMENT REMAINS IN RICH QATARI MARKET
Chart 28 Regional Analysis: Qatar
POSITIVE ECONOMIC MOVES ADD POTENTIAL TO RETAIL MARKET
Chart 29 Regional Analysis: Qatar
CASE STUDY: RETAILERS HELP KEEP GROCERY PRICES LOW IN QATAR
Chart 30 Regional Analysis: Qatar
WESTERN BRANDS FLOCK TO QATAR’S THRIVING FASHION CHANNEL
Chart 31 Regional Analysis: Qatar
WOMEN FORM KEY CONSUMER GROUP IN QATARI MARKET
Chart 32 Regional Analysis: Qatar
REGIONAL ANALYSIS: OMAN
Chart 33 Regional Analysis: Oman
FOCUS ON OMAN
Chart 34 Regional Analysis: Oman
LOW POPULATION, LOW SPEND MAKE OMAN A CHALLENGING MARKET
Chart 35 Regional Analysis: Oman
TOURISM AND FDI MAKE OMAN A HOTTER RETAIL DESTINATION
Chart 36 Regional Analysis: Oman
REGIONAL ANALYSIS: KUWAIT
Chart 37 Regional Analysis: Kuwait
FOCUS ON KUWAIT
Chart 38 Regional Analysis: Kuwait
KUWAITI RETAIL DEVELOPING AT BREAKNECK SPEED
Chart 39 Regional Analysis: Kuwait
KEY KUWAIT-BASED RETAILERS
Chart 40 Regional Analysis: Kuwait
KUWAITI RETAIL RISKS OVERHEATING ON CURRENT CONSUMER BASE
Chart 41 Regional Analysis: Kuwait
REGIONAL ANALYSIS: BAHRAIN
Chart 42 Regional Analysis: Bahrain
FOCUS ON BAHRAIN
Chart 43 Regional Analysis: Bahrain
BAHRAIN RETAIL STILL DEVELOPING
Chart 44 Regional Analysis: Bahrain
VISITOR NUMBERS KEY TO BAHRAIN’S CONTINUED DEVELOPMENT
Chart 45 Regional Analysis: Bahrain
SCALE OF AMBITION GROWING IN BAHRAIN GROCERY RETAIL
Chart 46 Regional Analysis: Bahrain
CHANNEL ANALYSIS – GROCERY RETAILING
Chart 47 Channel Analysis – Grocery Retailing
RETAIL OVERVIEW
Chart 48 Channel Analysis – Grocery Retailing
MODERN GROCERY RETAIL SQUEEZES INDEPENDENT SHARE OF SALES
Chart 49 Channel Analysis – Grocery Retailing
GROCERY RETAIL IN THE GCC: PRODUCT FOCUS
Chart 50 Channel Analysis – Grocery Retailing
GROCERY PRODUCT FOCUS: CROSS-GCC PACKAGED FOOD MARKETS
Chart 51 Channel Analysis – Grocery Retailing
GROCERY PRODUCT FOCUS: CROSS-GCC PACKAGED FOOD MARKETS
Chart 52 Channel Analysis – Grocery Retailing
HYPERMARKETS: KEY DRIVERS AND CHALLENGES
Chart 53 Channel Analysis – Grocery Retailing
WIDE BUSINESS BASE CRITICAL TO HYPERMARKET DEVELOPMENT
Chart 54 Channel Analysis – Grocery Retailing
WESTERN/GCC PARTNERSHIPS: VARIABLE QUALITY
Chart 55 Channel Analysis – Grocery Retailing
SUPERMARKET CHANNEL FAR FROM FADING
Chart 56 Channel Analysis – Grocery Retailing
RETAIL LAUNCH: NEIGHBOURHOOD RETAIL CENTRES
Chart 57 Channel Analysis – Grocery Retailing
C-STORES/FORECOURT RETAIL FORMATS OFFER MORE CONVENIENCE
Chart 58 Channel Analysis – Grocery Retailing
CHANNEL ANALYSIS – NON-GROCERY RETAILING
Chart 59 Channel Analysis – Non-grocery Retailing
DISCRETIONARY SPENDING DRIVES NON-GROCERY RETAIL
Chart 60 Channel Analysis – Non-grocery Retailing
DEPARTMENT STORES DRIVE MIXED RETAIL
Chart 61 Channel Analysis – Non-grocery Retailing
VARIETY STORES RETAIL LAUNCH: DAISO
Chart 62 Channel Analysis – Non-grocery Retailing
HIGH CONSUMER DEMAND FOR BEAUTY PRODUCTS
Chart 63 Channel Analysis – Non-grocery Retailing
TOP TWO C&T RETAILERS ACCELERATE GROWTH
Chart 64 Channel Analysis – Non-grocery Retailing
CLOTHING & FOOTWEAR SPECIALIST RETAILERS REMAIN IN FASHION
Chart 65 Channel Analysis – Non-grocery Retailing
ELECTRONICS AND APPLIANCE SPECIALISTS GO LARGE
Chart 66 Channel Analysis – Non-grocery Retailing
DEMAND GROWTH FOR FURNITURE AND FURNISHINGS
Chart 67 Channel Analysis – Non-grocery Retailing
IS THE SOUK MAKING A COMEBACK?
Chart 68 Channel Analysis – Non-grocery Retailing
INTERNET RETAILING TO DOMINATE GCC’S SMALL NON-STORE MARKET
Chart 69 Channel Analysis – Non-grocery Retailing
CHANNEL ANALYSIS – NON-STORE RETAILING
Chart 70 Channel Analysis – Non-store Retailing
BAD NEWS FOR STORE-BASED SALES COULD BE GOOD NEWS ONLINE
Chart 71 Channel Analysis – Non-store Retailing
INTERNET RETAILING LAUNCH: SOUQ.COM BIDS FOR SUCCESS
Chart 72 Channel Analysis – Non-store Retailing
COMPETITIVE LANDSCAPE
Chart 73 Competitive Landscape
INTERNATIONAL BRANDS RELY ON FRANCHISE PARTNERSHIPS
Chart 74 Competitive Landscape
FOREIGN RETAILERS IN THE GCC: WHAT MAKES A GOOD PARTNER?
Chart 75 Competitive Landscape
KEY GROCERY PARTNER: MAJID AL FUTTAIM GROUP
Chart 76 Competitive Landscape
KEY NON-GROCERY PARTNER: MH ALSHAYA
Chart 77 Competitive Landscape
LOCAL RETAILERS – MORE ROOM FOR DEVELOPMENT
Chart 78 Competitive Landscape
KEEPING IT LOCAL: AL- AZIZIA PANDA
Chart 79 Competitive Landscape
MARKET PROSPECTS
Chart 80 Market Prospects
GROWING INTERNATIONALISATION: BEYOND GCC BORDERS
Chart 81 Market Prospects
HIGH RETAIL PRICES ARE INCREASINGLY CRITICAL ISSUE
Chart 82 Market Prospects
COST CONTROL LIKELY TO RESULT IN A SHIFT IN SUPPLY CHAIN
Chart 83 Market Prospects
CREDIT CRUNCH WOES?
Chart 84 Market Prospects
GCC RETAIL: FORTUNES FAVOUR THE BRAVE
Chart 85 Market Prospects
ARAB MARKETS OFFER HIGH POTENTIAL IN A CHALLENGING WORLD
Chart 86 Market Prospects
APPENDIX 1: MARKET FORCES IN GCC RETAILING
Chart 87 Appendix 1: Market Forces in GCC Retailing
CONSUMER EXPENDITURE TRENDS REFLECTED IN POPULATION GROWTH
Chart 88 Appendix 1: Market Forces in GCC Retailing
CROSS-BORDER ECONOMIC COOPERATION
Chart 89 Appendix 1: Market Forces in GCC Retailing
SAUDI ARABIA OVERTAKES UAE TO BECOME TOP FDI TARGET
Chart 90 Appendix 1: Market Forces in GCC Retailing
OIL PRICES FALL FROM THEIR PEAK
Chart 91 Appendix 1: Market Forces in GCC Retailing
FALLING OIL PRICES PRESSURE GCC ECONOMIES
Chart 92 Appendix 1: Market Forces in GCC Retailing
DIVERSITY OF INCOME SIGNALS RETAILING CHALLENGES
Chart 93 Appendix 1: Market Forces in GCC Retailing
TOURISM TARGETED IN DRIVE TO ECONOMIC DIVERSIFICATION
Chart 94 Appendix 1: Market Forces in GCC Retailing
UNEVEN DEVELOPMENT OF BUSINESS/LEISURE TOURISM
Chart 95 Appendix 1: Market Forces in GCC Retailing
GCC RETAILING SHAPED BY YOUNG CONSUMER BASE
Chart 96 Appendix 1: Market Forces in GCC Retailing
SHOPPING MALL POPULARITY BOOSTED BY CLIMATE FACTORS
Chart 97 Appendix 1: Market Forces in GCC Retailing
APPENDIX 2: EUROMONITOR’S FORECAST RESTATEMENT
Chart 98 Appendix 2: Euromonitor’s Forecast Restatement
GCC MARKETS: ECONOMIC UPDATE (END OF MARCH 2009)
Chart 99 Appendix 2: Euromonitor’s Forecast Restatement
GCC MARKETS: RETAIL UPDATE (END OF MARCH 2009)
Chart 100 Appendix 2: Euromonitor’s Forecast Restatement
SAUDI ARABIA: FORECAST RESTATEMENT
Chart 101 Appendix 2: Euromonitor’s Forecast Restatement
PROJECTING THE FUTURE: FORECASTING & FACTOR ANALYSIS
Chart 102 Appendix 2: Euromonitor’s Forecast Restatement
QUANTIFYING THE IMPACT OF THE CRISIS: FACTOR ANALYSIS
Chart 103 Appendix 2: Euromonitor’s Forecast Restatement