Released on: June 25, 2008, 3:56 am

Press Release Author: Shushmul Maheshwari

Industry: Retail

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
\"Booming Retail Sector in UAE\" to its report gallery. The retail sector in the
United Arab Emirates (UAE) continues to grow rapidly with future CAGR expected at
around 12%.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
\"Booming Retail Sector in UAE\" to its report gallery. The retail sector in the
United Arab Emirates (UAE) continues to grow rapidly with future CAGR expected at
around 12%. The increasing household consumption, affluent population, and booming
service industry (including tourism, banking and trading sectors) are propelling
growth into the nation’s retail industry. Also, the modern shopping malls
anchoring state-of-the-art hypermarkets and various shopping events like Dubai
Shopping Festival make the country a more lucrative destination for retail industry.

The report provides extensive research and rational analysis on various aspects of
the UAE retail industry and underlines the key issues related to the industry. The
overview on opportunities and future forecast will help the clients analyze the
future course of direction and major growth areas of the industry.

Key Findings

- Increasing population and rising per head household consumption will remain one of
the key drivers for the growth of retail industry in the UAE.
- Shopping events in Dubai (like DSS and DSF) and Dubai Duty Free (DDF) are the
major contributor in the UAE’s retail industry, with retail sales in DDF
accounted for more than 9% of total retail sales in the country in 2007.
- Food sector offers a glut of opportunities as the UAE imported around 80% of the
food items in 2007.
- Growing retail industry will create plethora of opportunities for RFID, CCTV and
credit card market in the country.
- The cosmetics and personnel care market in the UAE has grown considerably and will
continue to grow at over 8% per year in near future.

Key Issues & Facts

- What is the current status of the retail industry in the UAE?
- What are the factors fueling growth in the UAE retail industry?
- What are the future prospects of the retail industry in the UAE?
- Which is the most flourishing sector in the UAE’s retail industry?
- What are the emerging areas for the industry?
- Who are the major players in the UAE retail industry?

Key Players

This section briefs on the key players operating in the UAE retail industry,
including Carrefour, EMKE Group, Spinneys Dubai LLC, Al Azizia Panda United Inc.,
Consumer Co-op UAE and T Choithram & Sons LLC.

Research Methodology

Information Sources
Information has been sourced from books, newspapers, trade journals, white papers,
industry portals, government agencies, trade associations, monitoring industry news
and developments, and through access to more than 3000 paid databases.

Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause and
effect analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://rncos.com/Report/IM108.htm
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