Bahrain Retail Report Q4 2016

Publisher Name :
Date: 28-Sep-2016
No. of pages: 64

BMI View: Bahrain's economy is feeling the negative impact of lower oil prices, which has led to the

government cutting back on long-standing subsidies. This has negatively affected household and business

confidence, leading to more cautious spending in 2016. In the long term, the labour market continues to

expand on the back of sustained increases in the expatriate and local employed workforce, while the

government is undertaking steps to boost tourist inflows, positive signs for retailers investing in the market.

The balance between essentials and non-essentials spending will remain stable over the next five years;

however, given the higher earning power of households in Bahrain, the long-term outlook is extremely

attractive for luxury goods segments.

Key Views And Developments

? We forecast total household spending to increase by an average of 7.0% over the next five years, reaching

a total figure of USD20.5bn.

? Despite rapidly rising household incomes, the balance between essentials and non-essentials spending

will remain largely stable over the next five years, accounting for 64% and 36% of the total household

expenditure, respectively.

? Ikea will launch its first store in the country during 2016 as it expands its reach in the Middle East

region.

Bahrain Retail Report Q4 2016

Table of Contents

BMI Industry View 7
SWOT 9
Retail SWOT 9
Industry Forecast 11
Headline Retail Forecast 11
Latest Updates 11
Structural Trends 12
Table: Total Household Spending (Bahrain 2013-2020) 12
Table: Retail Sector Spending, % Of Total (Bahrain 2013-2020) 15
Table: Retail Sector Spending, % Of GDP (Bahrain 2013-2020) 15
Table: Headline Retail Sector Spending (Bahrain 2013-2020) 16
Retail Sub-Sector Forecast 18
Latest Updates 18
Structural Trends 18
Food, Drink And Tobacco 19
Table: Food, Drink & Tobacco Spending (Bahrain 2013-2020) 20
Clothing And Footwear 22
Table: Clothing & Footwear Spending (Bahrain 2013-2020) 22
Household Goods 22
Table: Household Goods Spending (Bahrain 2013-2020) 23
Personal Care 24
Table: Personal Care Spending (Bahrain 2013-2020) 24
Household Numbers And Income Forecast 26
Latest Updates 26
Structural Trends 27
Table: Household Income Data (Bahrain 2013-2020) 27
Table: Labour Market Data (Bahrain 2013-2020) 29
Demographic Forecast 30
Latest Updates 30
Structural Trends 31
Table: Total Population (Bahrain 2013-2020) 32
Table: Population: Babies (Bahrain 2013-2020) 32
Table: Population: Young Children (Bahrain 2013-2020) 33
Table: Population: Children (Bahrain 2013-2020) 33
Table: Population: Young Teens And Older Children (Bahrain 2013-2020) 33
Table: Population: Young People (Bahrain 2013-2020) 34
Table: Population: Older Teenagers (Bahrain 2013-2020) 34
Table: Population: 21yrs + (Bahrain 2013-2020) 34
Table: Population: Young Adults (Bahrain 2013-2020) 35
Table: Population: Middle Aged (Bahrain 2013-2020) 35
Table: Population: Urban (Bahrain 2013-2020) 35
Industry Risk/Reward Index 36
Middle East And North Africa Risk/Reward Index 36
Table: Middle East And North Africa Retail Risk/Reward Index, Q416 36
Bahrain - Risk/Reward Index 37
Rewards 37
Risks 38
Market Overview 40
Latest Updates 40
Department Stores 40
Shopping Centres 41
Clothing And Footwear 43
Household Goods, Homeware And Home Improvement 44
Electronics 44
Pharmacies And Drugstores 46
E-Commerce And Online Marketplaces 46
Competitive Landscape 48
Clothing And Footwear 48
Table: Selected Clothing And Footwear Retailers 48
Household Goods, Homeware And Home Improvement 48
Table: Selected Household Goods, Homeware And Home Improvement Retailers 48
Electronics 49
Table: Selected Electronics Retailers 49
Department Stores 49
Table: Selected Department Stores 49
E-Commerce And Online Marketplaces 50
Table: Selected E-Commerce Retailers And Online Marketplaces 50
Pharmacies And Drug Stores 50
Table: Selected Pharmacies And Drug Stores 50
Glossary 51
Methodology 58
Industry Forecast Methodology 58
Sources 61
Risk/Reward Index Methodology 61
Table: Retail Risk/Reward Index Indicators 62
Table: Weighting Of Indicators 64

List of Tables

Table: Total Household Spending (Bahrain 2013-2020)
Table: Retail Sector Spending, % Of Total (Bahrain 2013-2020)
Table: Retail Sector Spending, % Of GDP (Bahrain 2013-2020)
Table: Headline Retail Sector Spending (Bahrain 2013-2020)
Table: Food, Drink & Tobacco Spending (Bahrain 2013-2020)
Table: Clothing & Footwear Spending (Bahrain 2013-2020)
Table: Household Goods Spending (Bahrain 2013-2020)
Table: Personal Care Spending (Bahrain 2013-2020)
Table: Household Income Data (Bahrain 2013-2020)
Table: Labour Market Data (Bahrain 2013-2020)
Table: Total Population (Bahrain 2013-2020)
Table: Population: Babies (Bahrain 2013-2020)
Table: Population: Young Children (Bahrain 2013-2020)
Table: Population: Children (Bahrain 2013-2020)
Table: Population: Young Teens And Older Children (Bahrain 2013-2020)
Table: Population: Young People (Bahrain 2013-2020)
Table: Population: Older Teenagers (Bahrain 2013-2020)
Table: Population: 21yrs + (Bahrain 2013-2020)
Table: Population: Young Adults (Bahrain 2013-2020)
Table: Population: Middle Aged (Bahrain 2013-2020)
Table: Population: Urban (Bahrain 2013-2020)
Table: Middle East And North Africa Retail Risk/Reward Index, Q416
Table: Selected Clothing And Footwear Retailers
Table: Selected Household Goods, Homeware And Home Improvement Retailers
Table: Selected Electronics Retailers
Table: Selected Department Stores
Table: Selected E-Commerce Retailers And Online Marketplaces
Table: Selected Pharmacies And Drug Stores
Table: Retail Risk/Reward Index Indicators
Table: Weighting Of Indicators
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