2014-02-07 20:53:01 - United Arab Emirates Retail Report Q1 2014 - a new market research report on companiesandmarkets.com
The UAE retail sector is forecast to continue to grow over the next few years, with strong underlying economic growth, growing acceptance of the concept of modern retailing and expatriate wealth resulting in a strong rise in household spending across all retail subsectors. We are particularly positive about the future growth prospects for clothing & footwear and food & non-alcoholic drinks; however, we expect by far the highest proportion of the household budget to be spent on housing & utilities throughout our forecast period. Food & non-alcoholic drinks and transport will also take substantial shares.
The new UAE 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, clothing & footwear, household goods and a number of other subsectors.
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