UAE Retail Market to See Striking Growth by 2032

Retail Market-UAE

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 5.30% (2024-2032)

The UAE retail market is expanding due to rising disposable incomes, increasing urbanization, and a growing influx of tourists. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.30% from 2024 to 2032.

Download sample copy of the Report: https://www.imarcgroup.com/uae-retail-market/requestsample

UAE Retail Market Trends and Drivers:

• Economic Growth: Driven by strong economic expansion and rising disposable incomes.

• Tourism: Thriving tourism sector boosts market development.

• Market Diversity: Mix of luxury brands, international retailers, and growing local businesses.

• Expatriate Influence: Large expatriate population increases demand for diverse products including fashion, electronics, and food.

• Infrastructure Investment: Top-tier shopping malls and retail spaces enhance market attractiveness.

• E-commerce and Digital Transformation: Rapid shift towards online shopping, accelerated by the COVID-19 pandemic.

• Omnichannel Experiences: Retailers expanding online presence and integrating in-store and online shopping.

• Data Analytics and Personalized Marketing: Tailoring offerings to individual preferences.

• Mobile Commerce Growth: Supported by widespread smartphone usage and advanced payment systems.

• Future Growth: Continued expansion driven by innovation and a strong consumer base.

UAE Retail Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest UAE retail market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Product Insights:

• Food and Beverages

• Personal and Household Care

• Apparel, Footwear and Accessories

• Furniture, Toys and Hobby

• Electronic and Household Appliances

• Others

Distribution Channel Insights:

• Supermarkets and Hypermarkets

• Convenience Stores

• Specialty Stores

• Online Stores

• Others

Regional Insights: 

• Dubai

• Abu Dhabi

• Sharjah

• Others

Request for customization: https://www.imarcgroup.com/request?type=report&id=23590&flag=C

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• COVID-19 Impact on the Market

• Porter’s Five Forces Analysis

• Strategic Recommendations

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Structure of the Market

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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