UAE retail market was valued at $ 55
billion in 2019 and is projected to grow to $ 75 billion by 2025 due to various
factors such as rising per capita income, growing tourism industry, increasing
expatriate population and rising number of upcoming development projects in the
country such as Deira Mall (Dubai), Al Maiyah Central (Abu Dhabi), Cityland
Village (Dubai), Tilal Mall (Sharjah), Reem Mall (Abu Dhabi), among others. Also,
major events such as the Dubai World Expo 2020, in addition to other new
attraction will further boost the tourism, transportation, and manufacturing
industries in the country. Furthermore, the introduction of advanced
technologies such as AI, IoT, Big Data Analytics, among others are reshaping
the retail industry in the region.
UAE retail market is segmented
based on By Type, By Type of Market, By Distribution Channel and By Region.
Based on Type, the market is segmented into Food Retail and Non-Food Retail.
Food Retail holds the largest share and is expected to maintain its lead in
future too. In the Food Retail segment, the market for fresh food has a huge
potential, while other niche segments, such as organic food, are also catching
up. Over the last few years, the UAE has seen strong growth in value-added
segments such as ready-to-cook food items. Based on Type of Market, the market is categorized into
Organized and Unorganized segments. With domestic as well as international
players actively increasing floor space by opening new stores, the Organized
retail segment continues to dominate the country’s retail market.
Based on Distribution Channel, the
market is further split into
Supermarket/Hypermarket, Exclusive Stores, Specialty Stores, Department
Stores, General Merchandise Stores and Online. UAE has a high penetration of
Supermarkets/Hypermarkets due to high rate of urbanization. Consequently,
Supermarkets/Hypermarkets segment dominates the country’s retail market,
followed by Exclusive Stores, Specialty Stores and Department Stores. The
country’s well-integrated logistics network has created a strong environment
for a growing modernized retail market.
In terms of Region, the market is
categorized into Dubai, Abu Dhabi, Sharjah, and Rest of UAE. Dubai’s retail
sector accounts for the largest share on account of high international visitor
spending, strong demand fueled by high-frequency mega-sales & shopping
festivals and increasing e-commerce activity in the region. Other key factors
that are expected to fuel the growth of Dubai retail market include increasing
popularity of conventional and app-based delivery services, expansion of the
sector ahead of Expo 2020 or an increasing number of visitors from China,
Russia and other top source markets due to recent decisions to ease visa
players operating in the UAE retail market are Lulu
Group, Majid Al Futtaim, Landmark Group, Al Azizia Panda United Inc., Azadea,
EMKE Group, Fathima Group of Companies, Carrefour, Spinneys Dubai LLC, Al Maya,
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
- To analyze and forecast the market size of UAE Retail Market.
- To classify and forecast UAE Retail Market based on Type, Type
of Market, Distribution Channel, Region and Company.
- To identify drivers and challenges for UAE Retail market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in UAE Retail.
- To conduct pricing analysis for UAE Retail market.
- To identify and analyze the profile of leading
players operating in UAE Retail market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the
manufacturers and presence of all major players in the UAE.
TechSci Research calculated the market size of UAE Retail market using a Bottom-Up and Top-Down approach, wherein data for various
end-user segments was recorded and forecast for the future years. TechSci
Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target Audience:
- Retail players and other stakeholders
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums, and
alliances related to retail market
- Market research and
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
In this report, UAE Retail market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
By Type of Market:
By Distribution Channel:
Company Profiles: Detailed analysis of the
major companies present in UAE Retail Market.
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the reports:
analysis and profiling of additional market players (up to five).