2014-02-10 03:27:01 - Saudi Arabia Retail Report Q1 2014 - a new market research report on companiesandmarkets.com
Saudi Arabia´s retail sector is expected to grow steadily over the next few years on the back of strong economic growth, rising disposable incomes, increasing acceptance of the concept of modern retailing, a youthful population and an enlarged consumer base created by the improved position of women in society. This will result in a strong rise in household spending across all retail subsectors. We are particularly bullish about the future growth prospects for restaurants & hotel spending, with expenditure on furnishing & home also forecast to grow strongly between 2013 and 2018. However, we expect personal, insurance & other expenditure to remain by far the highest throughout our forecast period.
The new Saudi Arabia retail report provides an extensive and comprehensive
forecast of various retail indicators including household spending, and headline total spending across each retail subsector, household income and employment forecasts, demographic forecasts, and a detailed breakdown of household and per capita spending across a large number of retail areas including food & drink, healthcare and insurance, consumer electronics, toys, pets, gardens, household goods, and a number of other subsectors.
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