Middle East Retail Holds Enormous Growth Potential to Grow

As per our recent report “Middle East Retail Sector Forecast to 2013”, the Middle East has emerged as a key marketplace for retailers across the globe with a speedy transformation in its retail industry. Consistent with our estimations, the Middle East retail market is forecast to grow at a CAGR of concerning thirteen% throughout 2009-2013. Turkey is anticipated to continue accounting for majority of the retail sales within the region, whereas Oman is set to witness maximum growth rate of around 33% CAGR during 2010-2013.

The report covers comprehensive study of GCC nations including Kuwait, Bahrain, Saudi Arabia, Qatar, United Arab Emirates and Oman. Together with that the retail business of Turkey, Egypt, Iran, Israel and Jordan are analyzed. High growth in Gross Leasable Area in GCC is the key driver for booming retail within the region. Food Retailing is another vital growth space with food categories like ‘Halal’ growing rapidly.

The report provides an intensive and in-depth evaluation of retail formats of varied nations like hypermarkets and supermarkets, which are attracting customers for retail purchases. We tend to have additionally identified all the necessary key players like Carrefour operating in the region.

Additionally, numerous growth opportunities and hurdles present in Middle Eastern countries are lined within the report. On one hand it is witnessing growth in on-line retail sales, however, at the same time, it's regional and ethical issues which hinder its growth.

“Middle East Retail Sector Forecast to 2013” may be a comprehensive report that includes quality research and in-depth analysis of the retail market in Middle East. It studies the emerging market trends, recent developments and their impact on the sector. The report will facilitate clients to analyze the leading-edge opportunities, key players, expected future outlook and all the other factors, which are crucial to the success of a new entrant within the Middle East Retail Sector.

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