Research and Markets
(http://www.researchandmarkets.com/research/639e0b/booming_retail_sec) has
announced the addition of the "Booming Retail Sector in UAE" report to their
offering.
Retail is one of the fastest growing industries in the United Arab Emirates
(UAE). In recent years, UAE has emerged as one of the leading countries in the
world providing the most conducive retail environment. In fact, UAE is the
fourth most attractive destination for retail after India, Russia and China,
thanks to its rapid economic growth, rising purchasing power, favorable policy
framework, and growing consumer spending.
Despite recession, the retail sector in the UAE continues to grow rapidly with
an expected CAGR of over 12% to be achieved during 2009-2013. Factors like
increasing household consumption and booming service industry (including
tourism, banking and trading sectors) will drive the future growth of the retail
sector. Also, the modern shopping malls anchoring state-of-the-art hypermarkets
and various shopping events like Dubai Shopping Festival make the country a more
lucrative destination for retail industry, says "Booming Retail Sector in UAE",
a market research report by RNCOS.
The per capita gross leasable area in UAE is growing at a blistering pace and
surpassed 1 Sq Meter in 2008. This has resulted in significant surge in the
country's retail space and uplifted the retail spending in the country. The
trend is forecasted to continue in future as well, helping UAE to emerge as one
of the dense retail markets in the world.
Realizing its potential as a promising retail outfit, a number of large
international retailers are heading to UAE. Sophisticated retail infrastructure
base and oil-based wealth have further attracted the foreign retailers towards
the country. This is not only boosting the retail environment in the country but
also generating immense employment opportunities for the country's population.
Our report "Booming Retail Sector in UAE" provides extensive research and
rational analysis on various aspects of the UAE retail industry and underlines
the key issues related to the industry. The conceptual treatment is provided for
all relevant industry segments to facilitate the deep and informative
understanding of the market. The research also studies the behavior of the UAE's
consumers with respect to their purchasing power, spending pattern, and
inclination towards domestic and foreign brands. The future growth areas
discussed in the report helps to analyze the emerging market segments for
players.
Key Topics Covered:
Analyst View
Macroeconomic View of Arab World
UAE - Economic Analysis and Driving Forces
* Real Estate
* Travel, Tourism and Transport
* Shopping Events
* Dubai Duty Free (DDF)
* Population
* Household Consumption
* Consumer Confidence
Market Performance
* Retail Sector Analysis
* Retail Formats
New Vistas
* Direct Sales
* Advertising Market
* Online Retailing
* RFID in Retail
* CCTV in Retail
* Credit Card Market
Industry Roadblocks
* Inflation
* Staffing
* Counterfeit Products
* Tourism-dependent Retail
Companies Mentioned:
* Carrefour
* EMKE Group
* Consumer Co-op UAE
* Spinneys Dubai LLC
* T Choithram & Sons LLC
* Al Azizia Panda United Inc.
For more information visit
http://www.researchandmarkets.com/research/639e0b/booming_retail_sec
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