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.

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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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

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.

The size of the MENA Retail Market was valued at USD XX USD Billion in 2023 and is projected to reach USD XXX USD Billion by 2032, with an expected CAGR of 7.12% during the forecast period. The MENA (Middle East and North Africa) retail market refers to the sector of the economy that deals with the sale of goods and services to consumers in this diverse and dynamic region. Encompassing a wide geographical area that includes countries like Saudi Arabia, the UAE, Egypt, Qatar, Morocco, and others, the MENA retail market is influenced by a unique blend of cultural, economic, and technological factors. The retail industry in MENA has witnessed substantial growth over the past few years, driven by a young, tech-savvy population, rising disposable incomes, and evolving consumer preferences. The region is home to a growing middle class, and the increased urbanization in major cities like Dubai, Cairo, and Riyadh has created opportunities for both traditional brick-and-mortar retail stores and digital commerce platforms. This growth is predominantly driven by factors such as the increasing penetration of e-commerce, rising disposable incomes, and the growing population in the region. Additionally, government initiatives to promote retail development, such as the Saudi Vision 2030, are expected to contribute to the market's expansion. Recent developments include: May 2024: Alshaya Group, a Kuwait-based franchise operator, announced the inauguration of a new outlet 'Hampton by Hilton' in Kuwait. The outlet showcases 110 modern and stylishly designed bedrooms, with modern amenities, including a complementary hot breakfast and a fully-equipped gym., May 2024: Al-Futtaim, a Dubai, UAE-based conglomerate, launched its IKEA brand at Dalma Mall in Abu Dhabi, UAE. The launch of this store aimed to cater to the needs and tastes of the local community., March 2024: Lulu Group International, an Abu Dhabi, UAE-based multinational conglomerate, inaugurated its new hypermarket in Dubai Outlet Mall. The new outlet features different products under various segments, including fresh food, grocery, bakery, dairy, electronics, and home appliances., November 2023: CHALHOUB GROUP, a Dubai, UAE-based luxury goods distributor, established a partnership with Inter Parfums, Inc., a perfume distributor in the UAE, Kuwait, Saudi Arabia, Egypt, and Bahrain. This partnership encourages CHALHOUB GROUP to expand its presence for fragrance products in the Middle East region., April 2023: BinDawood Stores, a Saudi Arabia-based distributor, announced its plans to open around 6-7 new supermarkets, hypermarkets, and express stores in the same year. The company aimed to expand its presence in the main cities of Saudi Arabia.. Key drivers for this market are: Improving Infrastructural Facilities to Fuel Market Growth. Potential restraints include: Improving Infrastructural Facilities to Fuel Market Growth. Notable trends are: Improving Infrastructural Facilities to Fuel Market Growth.

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.

Dive into 2022 with a comprehensive view of Kuwait retail pharmacy market. Understand trends, projections, and make informed strategic decisions for your business.

Kuwait Average Retail Price: Local Fish data was reported at 3.081 KWD/kg in 2017. This records an increase from the previous number of 3.058 KWD/kg for 2016. Kuwait Average Retail Price: Local Fish data is updated yearly, averaging 1.881 KWD/kg from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 3.192 KWD/kg in 2015 and a record low of 1.164 KWD/kg in 1999. Kuwait Average Retail Price: Local 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.

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.

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.

Kuwait Average Retail Price: Local Fish: Large Scaled Mullet data was reported at 2.330 KWD/kg in 2017. This records an increase from the previous number of 2.193 KWD/kg for 2016. Kuwait Average Retail Price: Local Fish: Large Scaled Mullet data is updated yearly, averaging 1.819 KWD/kg from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 2.330 KWD/kg in 2017 and a record low of 1.525 KWD/kg in 2007. Kuwait Average Retail Price: Local Fish: Large Scaled Mullet 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.

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.

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.

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.

The Kuwaiti sugar market soared to $114M in 2024, rising by 73% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a perceptible increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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.

Kuwait Average Retail Price: Local Fish: Shrimps data was reported at 3.120 KWD/kg in 2017. This records a decrease from the previous number of 3.472 KWD/kg for 2016. Kuwait Average Retail Price: Local Fish: Shrimps data is updated yearly, averaging 2.159 KWD/kg from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 3.472 KWD/kg in 2016 and a record low of 1.745 KWD/kg in 1996. Kuwait Average Retail Price: Local Fish: Shrimps 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.

Kuwait Average Retail Price: Local Fish: Bertram data was reported at 2.506 KWD/kg in 2017. This records a decrease from the previous number of 2.582 KWD/kg for 2016. Kuwait Average Retail Price: Local Fish: Bertram data is updated yearly, averaging 2.127 KWD/kg from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 2.582 KWD/kg in 2016 and a record low of 1.542 KWD/kg in 2000. Kuwait Average Retail Price: Local Fish: Bertram 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.

According to Cognitive Market Research, The Global Luxury Item Retail Websites Market is Growing at a Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2030.

The demand for Luxury Item Retail Websites is rising due to increasing digital transformation.
Demand for Wedding Dress Renting service Application Luxury Item Retail Websites remains higher in the Luxury Item Retail Websites market.
The Princess Type Types held the highest Portable Beach umbrella market revenue share in 2023.
North America Luxury Item Retail Websites will continue to lead, whereas the Asia Pacific Luxury Item Retail Websites market will experience the most substantial growth until 2030.

Increasing Digital Transformation to Provide Viable Market Output

The increasing emphasis on digital transformation is a key driver for the growth of the Luxury Item Retail Websites market. As consumer behaviors evolve, luxury brands are compelled to enhance their online presence to cater to a tech-savvy audience. E-commerce platforms provide an avenue for global reach, enabling brands to engage with a wider customer base. The integration of technologies, such as AR and personalized digital experiences, enhances customer engagement. This digital shift not only meets changing consumer preferences for online shopping but also strengthens brand visibility, ultimately driving the success of luxury item retail websites.

In April 2021, the Alshaya franchise company successfully established the inaugural Aerie store in the Middle East, located in Kuwait. Aerie, a premium clothing division of American Eagle, offers a diverse range of products at the newly opened store, including clothing, women's swimwear, sweat-ready activewear, loungewear, and intimate wear.

(Source:www.alshaya.com/en/media-centre/alshaya-news/aerie-opens-its-first-store-in-the-middle-east-in-kuwait/)

Growing Personalization to Propel Market Growth

Growing personalization is a driving force in the luxury item retail websites market as consumers increasingly seek unique and tailored experiences. Luxury brands leverage data analytics and artificial intelligence to understand individual preferences, enabling them to offer personalized product recommendations, exclusive offers, and a customized shopping journey. This enhances customer satisfaction, loyalty, and engagement. The allure of a personalized and curated shopping experience not only distinguishes luxury brands online but also fosters a deeper connection between consumers and the brand, ultimately contributing to the success and growth of luxury item retail websites.

In 2021, the collaboration between Adidas Originals and designer Arwa Al Banawi led to the release of a uniquely personalized version of the iconic Forum silhouette. The Adidas Originals by Arwa Al Banawi Forum Lo Sneaker, aptly designed in sand tones, introduced a fresh and distinctive aesthetic to the classic footwear.

(Source:udaipurtimes.com/travel-and-tourism/adidas-originals-arwa-al-banawi-lo-sneaker-launched-at/cid3082301.htm)

Market Dynamics of Luxury Item Retail Websites

Growing Counterfeiting and Fraud to Restrict Market Growth

The growing challenge of counterfeiting and fraud poses a significant threat to the Luxury Item Retail Websites market. The allure of luxury items attracts counterfeiters who exploit online platforms, deceiving unsuspecting consumers with fake products. This undermines the authenticity of brands, erodes consumer trust, and tarnishes reputations. Luxury retailers must invest in advanced anti-counterfeiting technologies, robust authentication measures, and vigilant monitoring to combat fraudulent activities. Please address these challenges not only compromises brand integrity but also hamper the overall growth and success of luxury item retail websites in the fiercely competitive digital marketplace.

Impact of COVID–19 on the Luxury Item Retail Websites Market

The COVID-19 pandemic significantly impacted the luxury item retail websites market. Lockdowns and restrictions led to a surge in online shopping, prompting luxury retailers to strengthen their digital presence. Brands accelerated their e-commerce strategies to reach consumers confined to their homes. Consumer preferences shifted towards contactless and digital experiences, influencing the luxury market to adapt. While there were initial disruptions in the supply chain, the pandemic ultimately accelerated the...