| Product Code: ETC322120 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The UAE Department Stores and Other General Merchandise Stores market is a vital component of the retail industry. It encompasses a diverse range of products including apparel, electronics, home goods, and more. Department stores and general merchandise stores are popular shopping destinations for consumers seeking a wide selection of products under one roof. This market is influenced by factors such as consumer purchasing power, lifestyle trends, and the presence of international and local retailers.
The UAE Department Stores and Other General Merchandise Stores market are thriving due to the country`s status as a shopping hub and its increasing consumer spending. The presence of luxury brands and international retail chains in department stores attracts shoppers. Additionally, tourism and the influx of visitors contribute to the growth of this market segment.
The UAE Department Stores & Other General Merchandise Stores Market faces unique challenges. Firstly, the retail landscape is rapidly evolving, with e-commerce gaining prominence, necessitating a shift in traditional brick-and-mortar store strategies. Adaptation to omnichannel retailing is crucial. Additionally, the diverse and cosmopolitan customer base demands tailored product assortments, making inventory management and supply chain logistics challenging. Competition from international retail chains and the need for exceptional customer service to retain customers are ongoing concerns. Lastly, economic fluctuations and consumer sentiment can impact consumer spending, requiring retailers to be agile in response to market dynamics.
The UAE Department Stores and Other General Merchandise Stores market faced unprecedented challenges in the wake of the COVID-19 pandemic. With restrictions on physical retail spaces and shifting consumer behavior towards online shopping, many brick-and-mortar stores experienced a decline in foot traffic. The pandemic accelerated the digitization of retail, prompting traditional department stores to swiftly adapt to omnichannel strategies. E-commerce platforms played a pivotal role in sustaining sales, as consumers turned to online channels for their shopping needs. Some department stores diversified their product offerings to include essential items and focused on creating seamless omnichannel experiences. As the situation gradually stabilizes, a hybrid approach that combines physical and online retail is likely to shape the future of this market.
The UAE`s department stores and general merchandise stores market is highly competitive and features both local and international players. Prominent names include the Dubai-based Al-Futtaim Group, which operates various department stores under brands like Robinsons, as well as international giants such as Carrefour, Lulu Hypermarket, and the Landmark Group`s Centrepoint.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume Share, By Ownership, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume Share, By License, 2021 & 2031F |
4 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Trends |
6 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market, By Types |
6.1 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, By Department Stores, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, By Other General Merchandise Stores, 2021-2031F |
6.2 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market, By Ownership |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, By Retail Chain, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, By Independent Retailer, 2021-2031F |
6.3 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market, By License |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, By Branded, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, By Brand Licensed, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenues & Volume, By Unbranded, 2021-2031F |
7 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Imports from Major Countries |
8 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Key Performance Indicators |
9 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Opportunity Assessment, By Ownership, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Opportunity Assessment, By License, 2021 & 2031F |
10 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Department Stores & Other General Merchandise Stores Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |