"Bahrain Retail Report Q1 2015" Is Now Available at Fast Market Research

New Retailing research report from Business Monitor International is now available from Fast Market Research

Boston, MA — (ReleaseWire) — 12/04/2014 — The increasing affluence of the Bahraini consumer, together with growing brand awareness and a forecast rise in real private consumption growth, will lead to increased household spending on the retail sector over our forecast period. This will particularly benefit personal care, communications, clothing footwear and furnishing home retailers, although we expect housing utilities expenditure to remain by far the highest throughout our forecast period.

Forecasts for household spending and headline total spending across each retail subsector between 2015 and 2018 are provided in BMI’s Bahrain retail report. Our projections also cover household income and employment, demographic forecasts, and a detailed breakdown of household and per capita spending across a large number of retail areas. These include food drink, healthcare and insurance, consumer electronics, toys, pets, gardens, household goods and a number of other subsectors. The Bahrain retail market is substantially less developed than those of Dubai or Abu Dhabi, with convenience stores still very much part of the retail scene. This provides MGR retailers with opportunities to meet the growing demand for modern food outlets, with LuLu Hypermarkets among the operators targeting Bahrain over the next few years. However, it is not an easy market to crack, as evidenced by the recent closure of UK-based retailer Waitrose’s outlets in the kingdom.

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‘Super malls’ such as the Bahrain City Centre are attracting increasing numbers of global retailers, with fashion operators in particular anxious to take advantage of an apparel market that we forecast to grow by an average 8% a year between 2015 and 2018.

Although these very large malls continue to attract domestic and international retailers alike, smaller neighbourhood retail centres and mixed-use schemes with a retail element are also proving popular. In 2013, Eskan Properties’ mixed-use development Segaya Plaza, which includes 3,150…

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