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The report covers Top Retail Companies in Kuwait Market and is Segmented by Products Category and Distribution Channel.
In 2023, retail sales in Kuwait were estimated at around 21 billion U.S. dollars. By 2028, the volume of country-wide retail sales was forecast to reach approximately 24.6 billion U.S. dollars.
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This chart offers an insightful look at the store count by category in Kuwait. Leading the way is Apparel, with 1.11K stores, which is 25.90% of the total stores in the region. Next is Beauty & Fitness, contributing 604 stores, or 14.08% of the region's total. Home & Garden also has a notable presence, with 503 stores, making up 11.72% of the store count in Kuwait. This breakdown provides a clear picture of the diverse retail landscape in Kuwait, showcasing the variety and scale of stores across different categories.
Dive into 2022 with a comprehensive view of Kuwait retail pharmacy market. Understand trends, projections, and make informed strategic decisions for your business.
In 2020, the share of retail sales for meat and poultry in Kuwait accounted for 32.8 percent in the food and beverage sector. In contrast, 9.6 percent of the retail sales accounted for dairy products in the food and beverage sector in Kuwait.
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In Kuwait, the estimated sales amount across various store categories provides key insights into the market's dynamics. Food & Drink, as a prominent category, generates significant sales, totaling $85.81M, which is 17.34% of the region's total sales in this sector. Consumer Electronics follows with robust sales figures, achieving $70.75M in sales and comprising 14.29% of the region's total. Mass Merchants & Department Stores contributes a considerable amount to the regional market, with sales of $53.97M, accounting for 10.90% of the total sales in Kuwait. This breakdown highlights the varying economic impacts of different categories within the region, showcasing the diversity and strengths of each sector.
Kuwait E-Commerce Market Size 2025-2029
The e-commerce market size in Kuwait is forecast to increase by USD 1.9 billion at a CAGR of 14.1% between 2024 and 2029.
The e-commerce market is witnessing significant growth in the US, driven by the increasing use of smartphones and mobile apps for online shopping. The emergence of digital payment methods, such as wallets, has further catalyzed this growth. The trend toward omnichannel retailing is also gaining traction, with consumers expecting seamless shopping experiences across all channels. However, challenges remain, including the need for efficient logistics solutions, particularly for heavy items like furniture and homeware. The rise of counterfeit products on e-commerce platforms is another concern, necessitating stricter measures for product authentication.
In the B2B sector, e-commerce is transforming industries such as construction and manufacturing through digital commerce platforms and the integration of robotics. The PC market, including computers and laptops, continues to be a significant contributor to e-commerce sales. Overall, the market is poised for continued growth, with digital commerce set to redefine the retail landscape.
What will be the Size of the market During the Forecast Period?
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The e-commerce market continues to expand at an unprecedented rate, driven by the increasing popularity of mobile apps, digital payment systems, and social media platforms. With over half of the global population now connected to the internet, the digital economy has become a significant contributor to economic growth. In 2021, online retailing of physical goods reached an all-time high, with desktop PCs and smartphones being the preferred devices for shopping. The integration of 5G networks and the rise of e-commerce startups have further accelerated market growth.
Digital education programs and care products are emerging categories, demonstrating the market's diversity. Electronic signature laws and robotics fulfillment centers streamline transactions and enhance operational efficiency. Overall, the e-commerce market is poised for continued expansion, shaping the future of retail and commerce.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Fashion and apparel
Consumer electronics
Toys and kids supplies
Beauty and personal care
Others
Type
B2B
B2C
Method
Cash on delivery
Others
Product Type
Mobile
Desktop
Tablet
Geography
Kuwait
By Product Insights
The fashion and apparel segment is estimated to witness significant growth during the forecast period. The market witnessed significant growth in 2024, with the fashion and apparel segment-leading in terms of sales volume. E-commerce has become a crucial channel for the fashion industry due to the appeal of discounted prices, making it an attractive proposition for customers. Showrooming, where customers compare prices in physical stores before purchasing online, is a notable trend influencing this segment. Virtual trial rooms, a new trend, enable customers to try products on themselves or people with similar body structures, enhancing the shopping experience. Digital payment systems, social media platforms, mobile applications, and delivery services have facilitated online transactions in various sectors, including e-government projects, digital education programs, hobby & leisure, care products, and retail.
The increasing usage of smartphones, fiber-optic internet, and 5G networks, along with the adoption of retail software, logistics solutions, and payment systems, have further boosted online retailing. The digital economy continues to expand, with e-commerce businesses, online retailing, and social commerce gaining popularity. Consumers' behavior towards online shopping has shifted, leading to an increase in digital transactions and the need for packaging solutions and search engine optimization.
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Market Dynamics
Our Kuwait E-Commerce Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Kuwait E-Commerce Market?
The advantages of e-commerce platforms are the key driver of the market. The market is experiencing substantial growth due to the increasing preference for digital payment systems and the convenience offered by online shopping. Social media platform
In 2023, the value of the e-commerce market in Kuwait was estimated at 1.5 billion U.S. dollars. This represented an increase from 1.4 billion U.S. dollars of market value estimated in the previous year.
In 2019, the share of wholesale and retail trade in the gross domestic product (GDP) in Kuwait amounted to 4.4 percent. This indicated an increase in portion of wholesale and retail trade in GDP from 4.3 percent recorded in 2018.
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The Kuwait Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.
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Kuwait Dairy Products Market size was valued at USD 1.4 Million in 2024 and is projected to reach USD 2.29 Million by 2031, growing at a CAGR of 6.4% during the forecast period 2024-2031.
Kuwait Dairy Products Market Drivers
1. Growing Knowledge of Health
Kuwaiti consumers are placing a greater emphasis on their health and well-being, which is driving up demand for wholesome, high-protein meals like dairy products. Health-conscious consumers are especially fond of products like yogurt, low-fat milk, and fortified varieties.
2. Urbanization and Population Growth
The need for easily available and easy food options, such as packaged dairy products, has expanded due to Kuwait’s continually expanding population and rising urbanization.
3. The Retail Industry’s Growth
Dairy products are now more widely available and accessible thanks to the growth of supermarkets, hypermarkets, and online shopping platforms, which has increased consumer spending.
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In Kuwait, the distribution of stores across different platforms presents a dynamic picture of the market. Shopify, as a leading platform, hosts 2.9K stores, accounting for 49.99% of the total store count in the region. This is closely followed by WooCommerce, which supports 1.41K stores, representing 24.34% of the region's total. Custom Cart makes a significant contribution with 532 stores, or 9.16% of the total. The chart underscores the diversity and preferences of store owners in Kuwait regarding their choice of platform.
This statistic describes the retail trade and wholesale industry as share of gross domestic product (GDP) in Kuwait from 2012 to 2019. In 2019, the share of GDP generated by retail trade and wholesales in Kuwait was forecasted at 4.2 percent.
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Kuwait Average Retail Price: Fish data was reported at 3.057 KWD/kg in 2017. This records an increase from the previous number of 3.030 KWD/kg for 2016. Kuwait Average Retail Price: Fish data is updated yearly, averaging 1.874 KWD/kg from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 3.185 KWD/kg in 2015 and a record low of 1.315 KWD/kg in 1999. Kuwait Average Retail Price: Fish data remains active status in CEIC and is reported by Central Statistical Bureau. The data is categorized under Global Database’s Kuwait – Table KW.P005: Average Retail Price: Fish Sold in Market.
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The Report Covers E commerce Companies in Kuwait and the Market is Segmented into B2B E-commerce and B2C Ecommerce. The market is Segmented by B2C ecommerce (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, Furniture and Home), and B2B ecommerce.
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The pie chart showcases the distribution of app/software spending by store category in Kuwait, providing insights into how eCommerce stores allocate their resources on the app or software they utilize. Among the store categories, Apparel exhibits the highest spending, with a total expenditure of $902.05K units representing 36.31% of the overall spending. Following closely behind is Beauty & Fitness with a spend of $325.60K units, comprising 13.11% of the total. Home & Garden also contributes significantly with a spend of $173.61K units, accounting for 6.99% of the overall app/software spending. This data sheds light on the investment patterns of eCommerce stores within each category, reflecting their priorities and resource allocation towards app or software solutions.
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This chart provides a detailed overview of the number of Kuwait online retailers by Monthly Visitors. Most Kuwait stores' Monthly Visitors are Less than 100, there are 1.91K stores, which is 67.61% of total. In second place, 550 stores' Monthly Visitors are 100 to 1K, which is 19.43% of total. Meanwhile, 295 stores' Monthly Visitors are 1K to 10K, which is 10.42% of total. This breakdown reveals insights into Kuwait stores distribution, providing a comprehensive picture of the performance and efficient of online retailer.
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Kuwait Small Home Appliances Market is segmented by Product (Vacuum Cleaners, Food Processors, Coffee Machines, Toasters, Grills & Roasters, and Other Small Appliances), and by Distribution Channel (Multi Branded Stores, Specialty Stores, Online, and Other Distribution Channels).
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Kuwait Number of Job Postings: New: Retail Trade data was reported at 5.000 Unit in 17 Mar 2025. This records a decrease from the previous number of 14.000 Unit for 10 Mar 2025. Kuwait Number of Job Postings: New: Retail Trade data is updated weekly, averaging 0.000 Unit from Jan 2008 (Median) to 17 Mar 2025, with 898 observations. The data reached an all-time high of 164.000 Unit in 01 Nov 2021 and a record low of 0.000 Unit in 14 Dec 2020. Kuwait Number of Job Postings: New: Retail Trade data remains active status in CEIC and is reported by Revelio Labs, Inc.. The data is categorized under Global Database’s Kuwait – Table KW.RL.JP: Number of Job Postings: New: by Industry.
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Explore the Kuwait White Goods Market report by MarkNtel Advisors, projecting a CAGR of 9.66% from 2023 to 2028. Discover insights on market size, trends, and growth.
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The report covers Top Retail Companies in Kuwait Market and is Segmented by Products Category and Distribution Channel.