Department Stores Retailing in Middle East and Africa,2015–2020
Department stores retail market in Middle East and Africa is expected to record faster growth rate during 2015-2020 against historic period. Saudi Arabia dominates the regional market representing 33.7% of total department sales in the Middle East and Africa in 2015. Growth in Saudi Arabia will be driven by positive economic factors and increasing mall openings in major cities, of which department stores tend to be major attractions. Traditional department stores in South Africa are facing challenges amid declining spending and increasing competition. Department stores have invested huge amounts in technology-based services to simplify the shopping process.
Saudi Arabia will remain the largest and fastest growing market in the region. The market will record highest CAGR of 11.9%
Share of department stores sales in total retail sales is highest in the UAE
South African department stores are recovering slowly
Middle East is a magnet of retail activity and attraction
Middle East and Africa is coming out of the cultural barriers in a slow pace
Provides a comprehensive view of Middle East and Africa department stores retail landscape, including current market sizes and category forecasts to 2020; and highlights region's fastest growing markets and category groups
Details market size and category forecasts for each region and countries, and features major retailers, key innovative retailers, and department store retail trends
The report covers five largest retail markets in Middle East and Africa
Reasons To Buy
The report provides an essential overview of Middle East and Africa department stores retail market, highlighting the largest and fastest-growing markets across the region
Provides analysis of the latest trends, market dynamics (covering ten category groups) and key innovations in the retail space in major countries across the region
Identify the largest and fastest-growing categories in major countries across the region
Benefit from detailed analysis of key trends influencing the department store retail market.
Monitor the competitive landscape, with analysis of key players across the region, including market share of the retailers for the region