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Bahrain Retail Market Size, Share, Growth & Forecast 2025

Bahrain retail market was valued USD 5.80 Billion in 2019 and is predicted to grow at a CAGR of 15.62% in the next five years, to reach USD 10 Billion by 2025. Retail industry in Bahrain has been growing due to rise in the number of malls and retail chain expansions. https://bit.ly/37iPuNO

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Bahrain Retail Market Size, Share, Growth & Forecast 2025

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  1. Published: January 2021 www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING 1 © TechSci Research

  2. Table of Contents S. No. Contents 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Global Retail Market Overview 5. Bahrain Retail Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Type (Store based Retailing Vs. Non Store Retailing) 6.2.2. By Region 6.2.3. By Company 6.3 Market Attractiveness Index (By Type and By Region) 2 © TechSci Research

  3. Table of Contents S. No. Contents 7. Bahrain Store Based Retailing Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Format (Grocery Retailers, Non-Grocery Retailers and Other Mixed Retailers) By Grocery Retailing Format (Hypermarkets/Supermarkets, Convenience Stores, 7.2.2. Forecourt Retailers, Food/Drink/Tobacco Retailers and Other Traditional Grocery Retailers) By Non-Grocery Retailing Format (Apparels & Footwear Retailers; Electronic & 7.2.3. Appliances Retailers; Health & Beauty Retailers; Leisure & Personal Goods Retailers, Luxury Retailers and Others) 8. Bahrain Non- Store Based Retailing Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast By Format (Internet Retailing, Mobile Internet Retailing, Home shopping, Direct Selling and 8.2.1. Vending) 3 © TechSci Research

  4. Table of Contents S. No. Contents 10. PEST Analysis 11. Market Dynamics 11.1. Drivers/Opportunities 11.2. Challenges/Restraints 12. Market Trends & Developments 13. Policy & Regulatory Landscape 14. Bahrain Economic Profile 15. Competitive Landscape 16. Strategic Recommendations 17. About Us & Disclaimer 4 © TechSci Research

  5. PRODUCT OVERVIEW PRODUCT OVERVIEW 5 © TechSci Research

  6. Scope of Report Product of Interest (POI): Retail Market Retail is a process of trading consumer-based goods or services in small orders or individual based selling, through various supply chains. These supply chains can be online (website based) or offline (via supermarkets, hypermarkets, shops, exclusive stores, etc.). Based on type, retail market can be segregated into food and non-food retail. Market Segmentation TYPE Year Range Store based Retailing • Non-Store Retailing • Review Period 2015 – 2018 REGION Base Year Capital Governorate 2019 • Northern Governorate • Estimated Year Muharraq Governorate • 2020 Southern Governorate • Forecast Period 2021 – 2025 6 © TechSci Research

  7. RESEARCH METHODOLOGY RESEARCH METHODOLOGY 7 © TechSci Research

  8. Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the Bahrain retail market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the Bahrain retail market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 8 © TechSci Research

  9. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Bahrain Retail market. The team has analyzed the outlook of various segments of the market, while considering the major influencing factors such as rapid urbanisation in the country and increasing online sales. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the Bahrain retail market. Methodology Followed for Calculation of Market Size: Market Size by Value : Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive secondary • research and primary surveys, with various key opinion leaders/stakeholders, such as retail companies, channel partners, end users, industry experts, and other industry participants. The team interviewed more than 10 retail companies, 100 end users, and 15 – 20 industry experts and other value chain stakeholders in Bahrain retail • market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019. 9 © TechSci Research

  10. Research Methodology Respondents were asked about the current and future market growth rates, market shares by type, by region and by company. Removing the outlier • responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by type, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of the retail market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Bahrain retail • market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 10 © TechSci Research

  11. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. Partial List of Companies Interviewed Key Secondary Sources BMMI Group World Bank • ▪ Ali-Rashid Al-Amin Co TechSci Research Proprietary Database & Knowledge • ▪ Majid Al Futtaim Group Repository • Lulu Group International Company Annual Reports • ▪ Jawad Business Group Industry Magazines • ▪ HHM Group Industry Reports • ▪ Aljazira group Food and Drug Administration (FDA) • ▪ Fucom International WLL News Dailies • ▪ Almeer Group Credible Paid Databases • ▪ 11 © TechSci Research

  12. Industry Brief According to TechSci Research report, “Bahrain Retail By Type (Store-Based Retailing (By Format, By Grocery Retailing Format, By Non- Grocery Retailing Format ) v/s Non Store Retailing(By Format)), By Company, By Region, Forecast & Opportunities, 2025”, Bahrain retail market was valued USD 5.80 Billion in 2019 and is predicted to grow at a CAGR of 15.62% in the next five years, to reach USD 10 Billion by 2025. Anticipated growth in the market can be attributed to increasing presence of global retail brands and rising disposable income of the people. Moreover, the boom in e-commerce industry has provided wide growth opportunities for retailers in Bahrain owing to shifting consumer preference to shop online. The recovering economy of the country and higher standard of living for middle-class families are also driving growth of the retail industry in Bahrain. Stringent policies and initiatives introduced by government to support the retail sector in Bahrain are anticipated to further propel the market growth through 2025. Flourishing tourism industry is expected to provide lucrative growth opportunities for Bahrain retail market in coming years. For instance, Bahrain concerned authorities organizes annual shopping festival called ‘Shop Bahrain’ which is a major attraction for foreign tourists. The development of retail infrastructure equipped with recreational facilities is also supporting the growth of Bahrain retail market. Also, Bahrain is witnessing increasing preference of consumer spending on food, clothing, footwear, and alcoholic drinks which indicates growth of overall retail sector. However, the outbreak of COVID-19 and implementation of lockdown is likely to impact the retail industry as shopping centers and all other shopping complexes were closed to curtail the spread of the novel coronavirus. Bahrain retail market can be segmented based on type, company, and region. Based on type, the market is categorized into store-based retailing v/s non store retailing market. grocery retailing format is further segmented into hypermarkets/supermarkets, convenience stores, forecourt retailers, food/drink/tobacco retailers and other traditional grocery retailers. Hypermarket and supermarket accounted for the largest segment in 2019 and the trend is likely to continue through 2025. Growing e-commerce distribution channels and generating significant revenues from them coupled with enhanced operational efficiency by the retailers will benefit the retail companies in the forecast period. Major players operating in the Bahrain retail market are BMMI Group, Ali-Rashid Al-Amin Co, Majid Al Futtaim Group, Lulu Group International, Jawad Business Group, HHM Group, Aljazira group, Fucom International WLL, Almeer Group, Alshaya Group. Key growth strategies being adopted by leading market players are mergers & acquisitions, partnerships, and collaborations. Moreover, companies are also investing on boosting the supply chain and are opening new stores to cater to larger population. “Most significant region in terms of market size in the Bahrain retail market in 2019 was Northern Governorate, followed by Muharraq Governorate. The market size of Northern Governorate stood at USD 2.42 USD billion, whereas that of Muharraq Governorate was valued at around USD 1.51 billion in 2019. Northern Governorate is expected to witness further increase in its market share over the forecast period due to increasing population and improving lifestyle standards.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Bahrain management consulting firm. 12 © TechSci Research

  13. Sample Data - Snapshot Bahrain Retail Market Size, By Value (USD Billion), 2015-2025F 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F CAGR BY VALUE (2015-2019): xx% CAGR BY VALUE (2020E-2025F): xx% Bahrain Retail Market Share, By Type, By Value, 2015-2025F 2015 40.00% 60.00% 2016 40.00% 60.00% 2017 40.00% 60.00% 2018 40.00% 60.00% 2019 40.00% 60.00% 2020E 40.00% 60.00% 2021F 40.00% 60.00% 2022F 40.00% 60.00% 2023F 40.00% 60.00% 2024F 40.00% 60.00% 2025F 40.00% 60.00% Store Based Non-Store Based Bahrain Non-Store Based Retailing Market Share, By Format, By Grocery Retailing Format, By Value, 2015-2025F 2015 2016 20.00% 10.00% 40.00% 30.00% 2017 20.00% 10.00% 40.00% 30.00% 2018 20.00% 10.00% 40.00% 30.00% 2019 20.00% 10.00% 40.00% 30.00% 2020E 20.00% 10.00% 40.00% 30.00% 2021F 20.00% 10.00% 40.00% 30.00% 2022F 20.00% 10.00% 40.00% 30.00% 2023F 20.00% 10.00% 40.00% 30.00% 2024F 20.00% 10.00% 40.00% 30.00% 2025F 20.00% 10.00% 40.00% 30.00% Mobile Internet Non- Store Based Retailing 20.00% Internet Non- Store Based Retailing Direct Selling and Vending Homeshopping 10.00% 40.00% 30.00% 13 © TechSci Research

  14. Report Ordering Report Name: BAHRAIN RETAIL MARKET COMPETITION, FORECAST AND OPPORTUNITIES 2015 – 2025 Report Price License Type Price Electronic Access - Single User License $3450 Electronic Access - Multi-User License $4450 Custom Research License $8450 To View Sample OR Purchase Report 14 © TechSci Research

  15. About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Saudi Arabia Retail Market By Distribution Channel (Hypermarket, Online Retail, Exclusive Stores, Specialty Retailers, Supermarket & Others), By Product Category (Food & Beverages, Apparel & Footwear, Appliances & others), Competition, Forecast & Opportunities, 2024 • India Modern Retail Space Market By Category (Departmental Stores, Food & Beverages, Entertainment, Home & Lifestyle, Hyper/Supermarkets and Others), By Occupancy Type (Malls and Shopping Streets), By Size (0-500 sq. ft., 501-1000 sq. ft., 1001-2000 sq. ft., 2001-3000 sq. ft. and Above 3000 sq. ft.), Competition, Forecast & Opportunities, 2014-2024 • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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