Kuwait

Positive growth was seen in retail in 2022 as shopping in malls remained a popular pastime among Kuwaitis. However, e-commerce boomed during the year as investment in tech start-ups brought more convenience to consumers. Kuwait’s population is young,…

As an affluent country largely populated by people with cultural and religious imperatives to adhere to strict hygiene practices, Kuwait offers huge opportunities for home care brands. However, sales are under pressure due to the recent departure of…

In 2022, tissue and hygiene continues to benefit from the raised awareness of hygiene since the outbreak of the COVID-19 pandemic. Likewise, the industry is now benefiting from the easement of COVID-19-related restrictions. Despite Kuwait’s ongoing…

In 2022, hot drinks is finally seeing the end of the COVID-19 pandemic, which is having a positive impact on both the off- and on-trade. However, the on-trade in particular is performing well and seeing a strong recovery. given that the economy has…

Staple foods in 2021: The big picture

Demand for snacks remains high among the relatively wealthy population, though growing concern over the country’s high obesity rates are leading more consumers to adopt healthier lifestyles. These trends are increasingly being reflected in consumer…

The Kuwaiti economy continues to be impacted by the COVID-19 pandemic in 2021. There remains a major income gap between affluent locals and low-income expatriates, however. With alcohol banned, non alcoholic beer remains the only category, with sales…

Dairy products and alternatives continued to record positive growth in 2022 as population growth and high incomes underpinned widening consumption across numerous dairy categories. With Kuwaiti society opening up again during the post-pandemic era,…

Volume sales of cigarettes, cigars, cigarillos and smoking tobacco declined throughout 2020 and 2021 due to economic pressures, rising prices and rising interest in healthier lifestyles within the context of the COVID-19 pandemic. In addition, the…

Kuwait’s hot climate, fast pace of life and unpotable drinking water present strong opportunities for soft drink sales. However, rising concern over the country’s obesity and diabetes epidemic and the imminent imposition of a 50% excise tax on sugary…

Government paralysis is a common feature of Kuwait’s political scene and creates instability, but a low tax burden is a boon for businesses and consumers. Higher oil prices will support economic momentum in the short term, but reliance on oil makes…

Consumer health will perform well in 2022, due to the main fact that the pandemic is coming to an end, and consumers are returning to their pre pandemic routines. OTC categories remain in high demand as consumers continue to seek treatment for…

Beauty and personal care appeals to most consumers in Kuwait with affluent demographics spending on premium products and low-income expatriates concentrating on lower priced offerings. However, in 2021, many categories are still being impacted by the…

Kuwait’s economy proved resilient in the face of the global oil price slump and the COVID-19 pandemic in 2020 and 2021. Demand for cooking ingredients and meals remains high among the country’s affluent population, although growing concern over high…

The commodities country overview provides comprehensive data on production, consumption and price trends in key commodities markets. The commodities overview in Kuwait covers production and consumption trends in agricultural commodities, energy…

The number of households is set to increase moderately in Kuwait over 2021-2040, with couples with children remaining the dominant household type. While household earnings will not recover from the COVID-19 impact by 2040, the fastest household…

Economies that offer an efficient, fast and inexpensive path to starting a business enjoy great dynamism and high FDI intake. A country with a competitive business environment is offering sound transport and ICT infrastructure; an effective juridical…

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regard to which country (or even which region within a country) to enter, which consumer segment to target, which…

The report provides information on the economic landscape, major monetary indicators, foreign trade, investments and government finance in Kuwait. In 2021, the country’s economy expanded in real terms, driven by increasing domestic consumption,…

Population expansion in Kuwait will be driven by positive natural increase and net migration up to 2040. Foreign citizens will continue to account for the majority of the population due to the country’s historic and continuing reliance on foreign…