UAE Retail Market 2024-2032: Industry Growth, Share, Size, Trends Analysis and Future Forecast Report

𝐔𝐀𝐄 𝐑𝐞𝐭𝐚𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

𝐁𝐚𝐬𝐞 𝐘𝐞𝐚𝐫: 2023
𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐘𝐞𝐚𝐫𝐬: 2018-2023
𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐘𝐞𝐚𝐫𝐬: 2024-2032
Market Size in 𝟐𝟎𝟐𝟑: 𝐔𝐒𝐃 𝟏𝟑𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧
Market Size in 𝟐𝟎𝟑𝟐: 𝐔𝐒𝐃 𝟐𝟏𝟗 𝐁𝐢𝐥𝐥𝐢𝐨𝐧
Market Growth Rate (CAGR) 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐: 𝟓.𝟑𝟎%

According to IMARC Group's report titled "𝐔𝐀𝐄 𝐑𝐞𝐭𝐚𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐," the market reached 𝐔𝐒𝐃 𝟏𝟑𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑. Looking forward, IMARC Group expects the market to reach 𝐔𝐒𝐃 𝟐𝟏𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, exhibiting a growth rate (CAGR) of 𝟓.𝟑𝟎% 𝐝𝐮𝐫𝐢𝐧𝐠 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/uae-retail-market/requestsample

𝐔𝐀𝐄 𝐑𝐞𝐭𝐚𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

The UAE retail market is experiencing robust growth, fueled by factors such as strong economic expansion, a growing population, and rising disposable incomes. High consumer demand for a broad range of products, from luxury goods to everyday necessities, remains steady due to the diverse demographics of both locals and expatriates. The UAE's status as a global shopping hub, supported by its world-class malls and retail infrastructure, continues to attract international brands and retailers. Additionally, government initiatives, including economic diversification efforts, are fostering a more dynamic retail sector by encouraging investment and innovation.

The rapid rise of e-commerce, accelerated by the COVID-19 pandemic, is further boosting the UAE retail market. Consumers are increasingly turning to online platforms, prompting retailers to enhance their digital presence and offer seamless omnichannel shopping experiences. The integration of technology-such as mobile payment systems and personalized shopping driven by data analytics-is becoming more widespread. Sustainability is also emerging as a significant trend, with consumers increasingly seeking eco-friendly products and ethical practices from retailers. The growth of experiential retail, which focuses on offering unique and interactive shopping experiences, is reshaping the industry. Combined with the continued expansion of the tourism and hospitality sectors, these trends are expected to drive further growth in the UAE retail market, making it a dynamic and evolving industry.

𝐔𝐀𝐄 𝐑𝐞𝐭𝐚𝐢𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has segmented the market into the following categories:

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

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬 𝐟𝐨𝐫 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭𝐬, 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐈𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.imarcgroup.com/request?type=report&id=23590&flag=C

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐎𝐭𝐡𝐞𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

𝐌𝐄𝐍𝐀 𝐕𝐚𝐜𝐜𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/mena-vaccine-market

𝐔𝐀𝐄 𝐓𝐞𝐥𝐞𝐜𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/uae-telecom-market

𝐔𝐀𝐄 𝐏𝐨𝐰𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/uae-power-market

𝐔𝐀𝐄 𝐒𝐨𝐥𝐚𝐫 𝐄𝐧𝐞𝐫𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/uae-solar-energy-market

𝐔𝐀𝐄 𝐏𝐨𝐰𝐞𝐫 𝐄𝐏𝐂 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/uae-power-epc-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

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.

This release was published on openPR.