Upcoming Projects and Mega Events Driving Retail Revolution

2026-08-16 08:02:26 Business

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The Retail market in UAE has witnessed growth in recent years on account of rising demand for infrastructural development fueled by increasing expansion and upcoming Events in the country. The growth in the online segment has been largely led by introduction of innovative technological developments leading to seamsless shopping experience by the customer. With these developments the Retail Industry revenues have grown at a CAGR of 7% from 2016-2020, says RNCOS in its latest research report.

As per our research, the UAE has secured second rank in the presence of international retailers in its retail market. Dubai?s emerging image as a global fashion hotspot and country?s reputation as a regional tourism hub has led to increase in demand for luxury goods. The retail formats are increasingly modern with a number of state-of-the-art shopping malls concentrated in the largest emirates of Dubai and Abu Dhabi while new opportunities in less developed areas such as such as Sharjah and Ras al-Khaimah is planned by government led investments.

The overall retail sector in the Emirates benefits heavily from exceptionally high level of credit availability. The country's retail banking sector is highly mature, with a range of foreign and domestic banks sharing the market and providing loans to customers.

Our report "UAE Retail Industry Forecast to 2020" is an outcome of an extensive research and thorough analysis of retail industry in the UAE. It facilitates statistics and analysis of all prominent market segments to provide deep and informative understanding of the market. Further, our report ventures a brief overview of prominent players operating in the industry along with their business description to provide a balanced treatment of the analysis. Overall, the report presents a complete and coherent analysis of the UAE retail industry, which will prove decisive for the clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM818.htm

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ABOUT RNCOS

RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.