Egypt Retail to Witness 14% Growth

The global market research pioneer RNCOS, has extensively evaluated the potentials of the Egyptian retail industry through its research offering "Middle East Retail Sector Forecast to 2013". The coherent analysis of various prominent market segments together demonstrated a fragmented but rapidly growing market which has proved itself almost recession-immune. The research unfolds the full potentials of the industry, which has promising growth prospects.

In our analysis, we have acknowledged several critical trends prevailing in the retail industry and influencing its current as well as future direction. The report reveals that the introduction of hypermarkets and superstores is helping to re-shape the Egyptian retail industry. New multinational players have acknowledged the lucrative consequences of rapidly shifting consumer behavior towards organized retail, and are investing heavily in the country. We forecast Egypt retail industry to secure one of the fastest growth rates in the entire Arab world, which will require additional market players to respond to overflowed market demands.

Besides this, countries like Saudi Arabia, UAE, Jordan, Oman, etc. are also showing strong growth potentials despite the post-recession impacts still prevailing in the countries. However, with the settling oil prices, the economic prospect of these oil-rich countries is expected to remain intact, which will have its direct impact on consumers' income and expenditure trends. We anticipate the retail industry in all these countries will grow many times higher than the retail industry in developed countries. As a result, the region will emerge as a global retail development hub during our forecast period (2009-2013).

"Middle East Retail Sector Forecast to 2013" provides unmatched market analysis and cutting-edge market intelligence on the Middle East retail industry. The report provides qualitative as well as quantitative analysis of ongoing as well as future market trends for all prominent Middle Eastern countries. The report also includes country-specific forecast for the retail industry with due consideration to all the possible effects of recession on the industry, which enables a balanced market approach in evaluation and treatment of analysis. An overview of key industry players has also been included in order to facilitate a balanced understanding of current competitive landscape in the region.

For more information visit: http://www.rncos.com/Report/IM196.htm