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Kuwait Luxury Retail

  • ID: 5138640
  • Report
  • August 2020
  • Region: Kuwait
  • 49 Pages
  • Marmore Mena Intelligence

FEATURED COMPANIES

  • Apotheca Beauty
  • Behbehani Group
  • City Centre
  • Gucci
  • Lianhua Supermarket
  • M.H. Alshaya

What is this report about?

The report provides extensive coverage of the luxury retail sector in Kuwait. It also provides insight into the manifold impact of COVID-19 on the sector and the road ahead. It discusses the current state of luxury retail in terms of players, infrastructure etc. The report covers growth prospects, challenges and outlook for the sector. Factors that support the sector’s growth such as consumer behaviour, retail infrastructure development etc. have been discussed.

Who will benefit and why?

The report would benefit various stakeholders such as luxury brands & international retail players who would like to explore and expand their market in Kuwait, current and prospective investors in Kuwait’s luxury retail industry and bankers with exposure to the sector. It provides key inputs on the retail infrastructure, consumer behaviour, different players in the sector, the various retail formats and forms of investing in the sector etc.

How exhaustive is this report?

The report provides a holistic view of luxury retail in Kuwait. It discusses the impact of topical issues such as COVID-19, repatriation of expats in Kuwait etc. on luxury retail. It covers luxury retail segments and format, different players and brands, retail space that is available and under development, an overview of forms of entry into Kuwait luxury retail etc. The report also provides multiple data points that support the prospects of luxury retail in Kuwait such as income levels, consumer spending, demographics, tourism etc"

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Apotheca Beauty
  • Behbehani Group
  • City Centre
  • Gucci
  • Lianhua Supermarket
  • M.H. Alshaya
  • Executive Summary
  • Impact due to COVID-19
  • Overview of Luxury retail in Kuwait
  • Segments in Luxury retail
  • Entry form in Luxury retail and Legal framework
  • Luxury Retail formats
  • Retail Infrastructure & Spending
  • Growth Drivers
  • Challenges
  • Appendix

List of Figures
Figure 3.1 Population of Kuwait (in millions)
Figure 3.2 Kuwait Population Pyramid, 2019
Figure 3.3 Distribution of Monthly Wages by Nationality (in KD), 2018
Figure 3.4 GDP per capita of GCC countries on a PPP basis, 2020 (in 000’s)
Figure 6.1 Percentage of Individuals using the Internet in Kuwait
Figure 6.2 Kuwait- Age grouping of online shoppers, 2016
Figure 7.1 Existing and Future Retail Space (in sq. m) in Kuwait
Figure 8.1 HNWI population in Kuwait (in '000s)
Figure 8.2 Urbanization levels in 2020e
Figure 8.3 Kuwait Per Capita Income Level in comparison with other countries at current prices (in International Dollars ‘000), 2019
Figure 8.4 Growth in Consumer Spending in Kuwait (KD millions)
Figure 8.5 Visitor Exports (Foreign spending in Kuwait) (in USD billion)
Figure 8.6 Leisure Tourism & Spend in Kuwait (in USD billion - real prices)
Figure 8.7 Expatriates in Kuwait

List of Tables
Table 1.1 Prominent malls in Kuwait
Table 2.1 Impact on Luxury Retail Product Segments
Table 4.1 Major Automobile brands in Kuwait
Table 4.2 Major Apparel brands in Kuwait
Table 4.3 Major Consumer Watches/Jewelry brands in Kuwait
Table 4.4 Major Accessory brands in Kuwait
Table 4.5 Major Cosmetic & Fragrance brands in Kuwait
Table 4.6 Major Consumer Electronics brands in Kuwait
Table 4.7 Other major brands and their presence
Table 5.1 Maximum percentage of ownership in a corporate franchise
Table 5.2 Some successful franchisees in Kuwait
Table 6.1 Characteristics of Various Mall Type
Table 6.2 Retailers present in Avenues Mall
Table 7.1 Upcoming Malls in Kuwait
Table 8.1 Growth in per Capita Income Levels
Table 9.1 Kuwait Ease of Doing Business and Starting a Business, 2018-19 Rankings
Table 9.2 GCC Ease of Doing Business and components, 2019 Rankings

Note: Product cover images may vary from those shown
  • Al Majid Futtiam (Carrefour)
  • Apotheca Beauty
  • Armada Group
  • Behbehani Group
  • Burberry
  • City Centre
  • EMKE Group (Lulu Hypermarkets)
  • Geant
  • Gucci
  • IKEA
  • Lianhua Supermarket
  • Louis Vuitton
  • M.H. Alshaya
  • Marks and Spencers
  • RALPH Lauren
  • Spinneys
Note: Product cover images may vary from those shown
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