UAE Macro and Retail Industry Outlook and 5 Year Forecast 2011-2015

This report presents a perspective of the current situation and the future outlook of the Macro and Retail Industry in the UAE. It reviews the UAE economy, the important economic indicators with their five year forecasts, the prevailing state and the recent developments in the top industry sectors contributing to the GDP of the UAE and the SWOT analysis of the economy.

This is followed by a detailed look at the retail industry with forecasts for 2011-2015. It analyzes the growth drivers, trends in the industry including consumer demand trends, retailer trends and mall owner/operator trends, their impact on the various industry participants, the challenges faced by the retail industry and finally, the projections for the industry till 2015 and its segments. The report also includes a SWOT analysis of the retail industry for a quick glance at the overall industry, the competitive landscape of the retail industry along with the recent happenings and a profile of the key industry players.

The 54 page report assembles and presents all the pertinent data along with the analysis of the information in a convenient and insightful manner. Interspersed with 34 data tables, figures and charts, the report provides an easy to understand and a definitive primer for those interested in the retail industry in the UAE.

Some of the key findings include:

• The GDP growth in the UAE has recovered after a slowdown in 2009 and is forecast to continue on its growth path
• Inflation to remain in low single digits leading to more incomes in the hands of the population
• The non-oil sector growth will be more balanced with growth spread across many sectors
• Retail revenues in the UAE experienced a CAGR of 9.6% during 2006-2010
• The UAE retail growth story is back, but at a slower rate than the pre-2008 years
• UAE is emerging as one of the most sought after destinations for international retailers
• Emirates outside of Dubai, especially Abu Dhabi, are slowly emerging as attractive centers for development of shopping malls

For industry players, the increasing competition and the demands of the new value-seeking consumers are the challenges to be overcome. Existing store plans and expansion plans are being redrawn to reflect the new maturity of the market. Although online retail is in its infancy in the Country, it is likely to gnaw away at retailers who do not have an internet presence in the near future.