Business Monitor International


Kuwait Retail Report

Published 23 April 2014

  • 64 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Kuwait Retail Report

News: The UK has been ranked as an 'innovation follower' among the EU nations in the European Commission's (EC) new report titled 'Innovation Union Scoreboard 2014'. Sweden is the most innovative country in the EU, followed by Denmark, Germany and Finland, according to the Innovation Scoreboard. The report also mentions that the UK's 'follower' status is shared with several other countries, including Austria, Belgium, Cyprus, France, Ireland and Slovenia. The report observed that the UK's innovation performance improved rapidly in 2009 and 2010, but has been 'stable' since 2010 and declined marginally in 2013.

Table of Contents

BMI Industry View
7
SWOT
9
Retail SWOT
9
Political
11
Economic
12
Industry Forecast
13
Headline Retail Forecast
13
Table: Total Household Spending, 2011-2018
15
Table: Retail Sector Spending (%), 2011-2018
15
Table: Headline Retail Sector Spending, 2011-2018
17
Table: Retail Sector Spending As % Of GDP, 2011-2018
18
Retail Sector Forecast
19
Food, Drink And Tobacco
20
Table: Food, Drink And Tobacco Spending, 2011-2018
21
Clothing And Footwear
21
Table: Clothing And Footwear Spending, 2011-2018
22
Household Goods
22
Table: Household Goods Spending, 2011-2018
23
Personal Care
24
Table: Personal Care Spending, 2011-2018
24
Household Numbers And Income Forecast
25
Table: Household Data, 2011-2018
27
Demographic Forecast
27
Table: Total Population, 2011-2018
28
Table: Population: Babies, 2011-2018
29
Table: Population: Young Children, 2011-2018
29
Table: Population: Children, 2011-2018
29
Table: Population: Young Teens and Older Children, 2011-2018
30
Table: Population: Young People, 2011-2018
30
Table: Population: Older Teenagers, 2011-2018
30
Table: Population: 21yrs +, 2011-2018
31
Table: Population: Young Adults, 2011-2018
31
Table: Population: Middle Aged, 2011-2018
31
Table: Population: Urban, 2011-2018
32
Macroeconomic Forecasts
33
Economic Analysis
33
Government Consumption Outlook: Pickup In Growth
35
Fixed Investment: Finally Looking More Positive
36
Net Exports Outlook: Limited Growth Opportunities Ahead
38
Table: Kuwait - Economic Activity
40
Industry Risk Reward Ratings
41
Middle East And Africa Industry Risk/Reward Ratings
41
Table: MEA Regional Risk/Reward Ratings
41
Kuwait Industry Risk/Reward Ratings
42
Rewards
42
Risks
42
Market Overview
43
Retail Subsectors
45
Tourism
47
Competitive Landscape
48
Department Store Groups
48
Al-Futtaim Group/Marks & Spencer
48
Harvey Nichols
48
MGR
49
The Sultan Center
49
Majid al-Futtaim Group/Carrefour MAF
49
Fashion
49
Fawaz Alhokair & Company
50
Prada
50
Consumer Electronics
50
Alghanim Industries
50
Best Denki
50
Glossary
51
Methodology
58
Industry Forecast Methodology
58
Sources
61
Risk/Reward Rating Methodology
61
Table: Retail Risk/Reward Ratings Indicators
63
Table: Weighting Of Indicators
64

The Kuwait Retail Report has been researched at source and features Business Monitor International (BMI)'s independent assessment and forecasts for the retail sector. The report examines key drivers of retail sales growth and future prospects, including consumer spending and private sector investment.

BMI's Kuwait Retail Report also examines the level of development and potential for growth of the retail sector, the commercial initiatives of major players, changing consumer demographics that influence demand and the regulatory environment. Key sub-sectors include mass grocery retail, autos, over-the-counter pharmaceuticals, computers and consumer electronics.

Key Benefits

  • Benchmark BMI's independent retail industry forecasts for Kuwait to test other views - a key input for successful budgeting and strategic business planning in the Kuwaiti retail market.
  • Target business opportunities and risks in Kuwait through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, plus a discussion of major industry developments and a snapshot of key short-term demand-driving macroeconomic movements.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the retail sector and within the broader political, economic and business environment.

BMI Industry Forecasts

There are four separate 5-year forecast modules in the retail reports. These are:

Headline Retail Forecast: Total Household Spending, (US$bn and local currency, % growth, % GDP, per capita, per household); Spending by Retail Sector for: food and non-alcoholic drink, alcoholic drink, clothing and footwear, housing and utilities, furnishings and home, health, transport, recreation, education, transport, restaurants and hotels, personal care and insurance (US$bn and local currency, % growth, % GDP, % of total spending)

Retail Sector Forecast: Breakdown of Food, Non Alcoholic Drink, Alcohol, Tobacco, Clothing, Footwear, Household Goods, Furnishings, Appliances, Glass and Tableware, Household Textiles, Consumer Electronics, Garden Toys and Pets, Home and Garden tools, Personal Care, Personal Effects Spending (US$bn, % Growth);

Household Income and Numbers Forecast: Number of Households (‘000,% growth); gross income per household and per capita; net income per household and per capita; tax and social contributions per capita; breakdown of household incomes – US$5000+, US$10,000+ US$50000+ (‘000, % of total); labour force, employment and unemployment (‘000, % change)

Demographic Forecast: Total population; Babies 0-12 months; Young Children 0-4yrs; Children 5-9yrs; Young Teens and Older Children 10-14yrs; Older Teens 15-19yrs; Adults 21yrs +; Young Adults 21-29yrs; Middle Aged 40-64yrs (‘000, % growth, male, female); Urban Population (‘000, % population); Rural Population (‘000, % population).

Industry Risk Reward Rankings

BMI’s Retail Industry Risk Reward Rankings provide a country-comparative Risk Reward Rankings index aimed at investors in the regional retail market.

The rankings methodology makes sophisticated use of over 40 industry, economic and demographic data points.

Market Overview

Provides a detailed country-specific analysis of the key trends and developments in the retail sector as a whole, as well as an assessment of the main drivers affecting the major retail segments including mass grocery retail, fashion, pharmacies, consumer electronics, home improvement and personal care.

The market overview also considers the most effective store formats in a given country and the impact of these factors on the main international and domestic players’ development strategies.

Competitive Landscape

This provides a brief overview of the key players in each subsection of the retail sector including MGR, Fashion, Home Improvement, Consumer Electronics, Pharmacies, and Department Store chains.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc