BMI View: Kuwait is a high value consumer electronics market in per capita terms, and there was strong
growth fuelled by first-time sales of smartphones, tablets and flat-panel TV sets from the global financial
crisis until 2014. The growth potential of the market is ..."
BMI View: Kuwait's oil-centric economy means the economic and consumer electronics outlook is linked to
expectations around price trends, and our country risk team expects slower growth in private consumption
over the medium term, at about half the rate of 2010 to 201 ..."
BMI View: The low oil price resulted in a further downward adjustment to our Kuwait consumer
electronics devices forecast in the Q216 update. Our country risk team expects slower growth in private
consumption over the medium term, at about half the rate of 2010-2015, ..."
BMI View: We downgraded the outlook for 2015 in our Q415 report update to reflect the drag on demand
coming from a weak Kuwait economic outlook due to the prolonged global oil price slump, a factor that
was weighing in on consumer confidence. Nevertheless, we believe ..."
BMI View: The outlook for 2015 was downgraded in the Q4 update to reflect the drag on demand from the
weakening Kuwaiti economic outlook due to the impact of the drop in oil prices, which will weigh on
consumer confidence. We however also raised the growth outlook for ..."
BMI View: We retain a muted growth outlook for Kuwait's consumer electronics market in 2015, as the
drop in oil prices weighs on consumer confidence and the wider economic environment. Our weak growth
outlook is also due to the small population and mature nature of th ..."
BMI View: we downgraded the growth outlook for the Kuwaiti consumer electronics market in the Q2
update to reflect the negative impact of the low oil price on the wider economic environment. Despite this
squeeze and the fact market maturity means diminished opportunit ..."
BMI View: The Kuwaiti consumer electronics market is highly lucrative in per capita terms, but the total
value of the market is limited by the small size of the population. Kuwaiti nationals enjoy among the highest
incomes in the world, and have demonstrated a propens ..."
BMI View: Kuwait is a lucrative market for consumer electronics vendors despite the small
population. Kuwaitis have among the highest income levels globally. Strong private consumption levels,
plus access to the latest technologies offer promise in the market, with lo ..."
BMI View: Strong private consumption levels, plus access to the latest technologies offer promise in the
Kuwaiti market. Kuwait also has a relatively high GDP per capita, mainly fuelled by its hydrocarbon
resources. However, its small population means it has smaller s ..."