Noida, UP -- (SBWIRE) -- 03/09/2011 -- The Middle East has emerged as a key market for retailers across the world. Retail has been one of the fastest growing industries in the region for the past few years. Favorable government policy frameworks and active participation of private sector have facilitated the region’s retail industry to become one of the world’s most desirable retail environments in terms of investments and revenue generation. According to our research report “Middle East Retail Sector Forecast to 2013”, the Middle East retail industry will grow at a CAGR of around 13% during 2009-2013.

As per our research, changing market dynamics, rapid economic development, balancing crude oil prices, rising purchasing power, and strong consumer confidence are strengthening the region’s retail industry. The market possesses immense future expansion opportunities due to the retail space expansion in near future. Organized retailing is also an attractive area for growth with increasing number of shopping malls in the region. Our research report also provides an insight on other market drivers and trends responsible for the growth of Middle East retail sector.

“Middle East Retail Sector Forecast to 2013” has identified Saudi Arabia and the UAE as the most potential and dynamic retail markets in the region. These two markets have been sustaining their dominance at the retail landscape for over a decade and will continue to do so in coming years. As evidence, our report has analyzed the retail market of these countries along with other Middle East countries including Turkey, Egypt, Israel, Oman, Kuwait, Qatar, Iran, and Jordan along with their future outlook.

Besides, the report analyzes macroeconomic factors critical to the retail sector along with their impact on the sector. The report also identifies key players in each country and includes their detail business description. It has also studied the challenges that the industry is presently confronting. Additionally, the report sheds light on the emerging industry trends, which are expected to decide the future of the region’s retail sector.

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