In 2023, retail sales in the United Arab Emirates were estimated to be around ***** billion U.S. dollars. By 2028, the volume of retail sales in the country was forecast to reach approximately *** billion U.S. dollars.

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. 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.

The real total consumer spending on clothing and footwear in the United Arab Emirates was forecast to continuously increase between 2024 and 2029 by in total 1.3 billion U.S. dollars (+12.49 percent). After the ninth consecutive increasing year, the real fashion-related spending is estimated to reach 11.5 billion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case footwear-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 03. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending on clothing and footwear in countries like Israel and Iran.

The real total consumer spending on food and non-alcoholic beverages in the United Arab Emirates was forecast to continuously decrease between 2024 and 2029 by in total 9.8 billion U.S. dollars (-17.28 percent). According to this forecast, in 2029, the real food-related spending will have decreased for the fifth consecutive year to 46.9 billion U.S. dollars. Consumer spending, in this case food-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 01. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending on food and non-alcoholic beverages in countries like Iran and Lebanon.

United Arab Emirates (UAE) Food Retail Market is expected to grow during 2025-2031

The UAE’s smart retail market is expected to grow at a 27.42% CAGR from 2025 to 2030, as the country leads in adopting smart technologies in the retail sector.

The UAE Retail Analytics market is anticipated to grow at 6.74% CAGR from 2025 to 2030.

The UAE Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail, Logistics, Others), by Business Model (Sales, Rental), by End-User (Individuals/Households, Corporates & SMEs, Others), and by Geography (Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Rest of UAE). The Market Forecasts are Provided in Terms of Value (USD).

Explore key trends shaping the UAE retail logistics market, from e-commerce growth to last-mile delivery innovations. Get a deep-dive analysis, key market drivers, and competitive landscape insights.

The Middle East and Africa (MEA) travel retail industry is experiencing robust growth, driven by a surge in air passenger traffic, increasing disposable incomes, and the expansion of airport infrastructure across the region. A compound annual growth rate (CAGR) exceeding 10% signifies a significant market expansion, projected to continue through 2033. Key product categories driving this growth include fashion and accessories, jewelry and watches, and food and confectionery, catering to the diverse preferences of international and domestic travelers. The United Arab Emirates (UAE) and Saudi Arabia, with their major international airports and significant tourist footfalls, currently dominate the market, but other countries in the MEA region are also witnessing a rise in travel retail activity, fueled by government initiatives to boost tourism and infrastructure development. Distribution channels such as airports and airlines remain primary sales avenues, though the industry is witnessing the emergence of alternative channels like ferries and railway stations. The presence of established global players like Dufry AG and Lagardere Travel Retail, alongside regional duty-free operators, indicates a competitive landscape with opportunities for both established brands and emerging players. However, challenges remain, including economic fluctuations in certain MEA countries and evolving consumer preferences, which necessitate adaptability and strategic planning from market participants. The future of the MEA travel retail industry is promising, but requires sustained efforts to overcome challenges and capitalize on opportunities. Strategic partnerships, enhanced customer experiences, and diversification of product portfolios will be crucial to maintaining the current high growth trajectory. Furthermore, the focus on adapting to changing consumer behavior, including preferences for sustainable and locally-sourced products, will be vital for long-term success. The emergence of online pre-ordering and delivery options could reshape the distribution channels, demanding proactive strategies from retailers to integrate e-commerce into their business models. Continuous investment in infrastructure and innovative retail concepts will be critical in maintaining the MEA travel retail industry's competitive edge globally. Data suggests a sizeable untapped market in the "Rest of Middle East and Africa" segment, indicating significant potential for growth and expansion beyond the established markets in the UAE and Saudi Arabia. Recent developments include: June 2021, Leading French luxury brand Louis Vuitton announced plans to open a boutique at Dubai International (DXB) by the end of 2021 in partnership with Dubai Duty-Free., June 2021, Dubai Duty Free launched an ecosystem restoration journey "Plant a Tree, Plant A Legacy" initiative, With a goal of planting 10,000 trees over 10 years through new and existing environmental projects to inspire, encourage and build a culture of ecosystem restoration within the organization for the next decade.. Notable trends are: The UAE has been Playing a Key Role in Attracting More Customers and thus Recording Year-on-Year Revenues.

UAE retail market is projected to grow at 5.5% CAGR, reaching $100 Bn by 2030, driven by e-commerce expansion, tourism, and urbanization.

The Middle East and Africa Travel Retail Market Report is Segmented by Product Type (Fashion and Accessories, Wine and Spirits, and Other), Distribution Channel (Airports, Cruise Liners, and Other), Traveler Demographics (Business Travelers, Leisure Travelers, and Other) and Geography (United Arab Emirates, Saudi Arabia, South Africa, Nigeria, and Other). The Market Forecasts are Provided in Terms of Value (USD).

The UAE’s retail-ready packaging sector is projected to grow at 6.68% CAGR from 2025 to 2030, driven by rising demand for convenient and sustainable packaging solutions in the reta

UAE Designer Clothing Retail Market valued at USD 3.5 billion, driven by rising disposable income and luxury brand demand, with expected growth in e-commerce and sustainable practices.

Retail market size of health and wellness products in the United Arab Emirates was projected to be around **** billion U.S. dollars in 2021. Health and wellness retail market size in the country was forecast to continue to grow, projected to reach approximately **** billion U.S. dollars by 2025.

The expansion of secure digital payment solutions, growing smartphone usage, and consumer demand for convenience are driving the UAE E-Commerce Market's rapid growth. According to the analyst from Verified Market Research, the UAE E-Commerce Market is estimated to reach a valuation of USD 270.5 Billion by 2032, over the forecast subjugating around USD 79.94 Billion valued in 2024.A tech-savvy population, high internet penetration, and strong government support for digital transformation are propelling the UAE E-Commerce Market forward, resulting in a robust ecosystem for online retail growth. It enables the market to grow at a CAGR of 16.46% from 2026 to 2032.

United Arab Emirates (UAE) Retail Fuel Market is expected to grow during 2025-2031

The global supermarkets market, valued at $0.98 billion in 2025, is projected to experience steady growth, driven by several key factors. The increasing urbanization and rising disposable incomes in developing economies are fueling demand for convenient and readily available grocery options. The expansion of organized retail formats, particularly large-scale supermarkets and hypermarkets, offers consumers a wide selection of products and a more comfortable shopping experience compared to traditional markets. Furthermore, technological advancements, such as online grocery delivery services and mobile payment options, are transforming the shopping landscape and attracting a wider consumer base. The market segmentation reveals that retail chains dominate the ownership structure, reflecting the economies of scale and established brand recognition. In terms of applications, consumer electronics, furniture, and food and beverage sectors contribute significantly to the market's value. However, challenges remain, including intensifying competition among established players and the emergence of smaller, specialized grocery stores catering to niche markets. This competition necessitates continuous innovation and adaptation to maintain market share. Furthermore, economic fluctuations and changes in consumer preferences can influence growth trajectories. The forecast period (2025-2033) anticipates continued expansion, driven by the ongoing trends mentioned above, although growth rates may fluctuate slightly year-over-year based on macroeconomic conditions and shifts in consumer buying habits. Regional variations are expected, with developing economies potentially exhibiting higher growth rates than mature markets. The leading companies in the supermarkets market, including Walmart, Tesco, and Aeon, are strategically investing in supply chain optimization, technological integrations, and enhancing their omnichannel presence to maintain their competitive edge. The geographical distribution of the market showcases a diverse landscape. North America and Europe currently represent significant market shares, while Asia-Pacific is anticipated to exhibit strong growth potential given its rapidly expanding middle class and increasing urbanization rates. Effective strategies for market penetration and expansion will include understanding regional consumer preferences, adapting to local regulations, and building strong supply chains to cater to the specific demands of diverse geographic markets. The market's future success will depend on players' ability to successfully navigate the challenges of competition, technological disruptions, and macroeconomic uncertainties. A diversified approach, focusing on multiple product segments and geographical regions, is key to mitigating risk and securing long-term growth. Recent developments include: In February 2023, UAE retailer GMG acquired supermarket chain Aswaaq, which added 22 supermarkets to GMG's retail network. This acquisition brings strategic milestones to GMG operations with its continuous expansion of retail, trading, and property., In August 2022, Walmart acquired Volt Systems. Volt System is a technology company that provides suppliers with enhanced on-demand visibility into merchandising resources. The deal affirms Walmart's continued investment in innovation and technology to anticipate customer demand. Walmart is operating in 24 countries with more than 10,500 stores., In May 2021, 7-Eleven completed the acquisition of Speedway, which is the convenience arm of Marathon Petroleum Corp. Speedway is a great brand and a strong strategic fit for the business of 7-Eleven in the North American Midwest and East Coast markets. Under this acquisition, 7-Eleven acquired 3,800 stores located in North America and built up its portfolio to 14,000 stores.. Notable trends are: Increasing Revenue of the Consumer Electronics Market.

Snapshot img { margin: 10px !important; } Artificial Intelligence (AI) In Retail Sector Market Size 2025-2029

The artificial intelligence (AI) in retail sector market size is forecast to increase by USD 51.9 billion, at a CAGR of 40.3% between 2024 and 2029.

The global artificial intelligence (AI) market in retail sector is shaped by a significant rise in investments and dedicated research into AI startups. This funding empowers the development of advanced systems for ai and machine learning in business, particularly enhancing ai for sales. The increased application of AI in e-commerce is a primary trend, where tools like ai agents in ecommerce are transforming the online shopping experience.Improving customer recommendations based on past purchases.Providing more information to the sales team and automating customer service.These advancements allow for deeper personalization and operational efficiency, leveraging predictive analytics and machine learning algorithms to refine everything from inventory control to customer interactions, which is central to applied ai in retail and e-commerce.While growth is significant, privacy issues associated with AI deployment present a notable challenge. The use of advanced data mining techniques and customer profiling, integral to generative ai in retail, raises concerns about data exploitation and individual privacy. These systems gather extensive data on buying habits and online behavior, which, while useful for creating personalized experiences, must be managed with transparency and strong governance. This concern impacts the deployment of technologies such as voice and facial recognition, requiring a careful balance between leveraging powerful predictive ai in retail and maintaining consumer trust, a critical factor for the sustainable integration of AI across the retail landscape.

What will be the Size of the Artificial Intelligence (AI) In Retail Sector Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019 - 2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe ongoing integration of ai-powered intelligent automation is fundamentally altering retail operations, with robotic process automation (RPA) becoming a key component for enhancing supply chain optimization and enabling more precise automated inventory management. The application of deep-learning neural networks and predictive analytics allows for more accurate demand forecasting, moving beyond static models to embrace real-time problem-solving. This evolution in ai and machine learning in business is critical for improving efficiencies in supply chain planning and logistics, forming the backbone of modern, agile retail frameworks. The continuous refinement of these systems underscores a market-wide shift toward data-driven operational excellence.On the customer-facing front, conversational commerce systems and ai-driven customer services are redefining engagement, central to the growth of generative ai in customer services. Core technologies such as natural language processing (NLP) and computer vision are the engines behind advanced visual search engines and increasingly sophisticated chatbots. This strategic push toward personalization at scale is a defining characteristic of applied ai in retail and e-commerce. However, its implementation must be carefully balanced with ethical considerations surrounding data exploitation and customer profiling to ensure long-term consumer trust and sustainable integration into the digital shopping journey.

How is this Artificial Intelligence (AI) In Retail Sector Industry segmented?

The artificial intelligence (AI) in retail sector industry 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. ApplicationSales and marketingIn-storePPPLogistics managementTechnologyMachine learningComputer visionNatural language processingDeploymentCloud-basedOn-premisesGeographyNorth AmericaUSCanadaMexicoAPACChinaJapanIndiaSouth KoreaAustraliaIndonesiaEuropeUKGermanyFranceItalySpainThe NetherlandsMiddle East and AfricaUAESouth AfricaEgyptSouth AmericaBrazilArgentinaChileRest of World (ROW)

By Application Insights

The sales and marketing segment is estimated to witness significant growth during the forecast period.The sales and marketing segment leverages artificial intelligence to optimize customer interactions and drive revenue. AI-based chatbots and virtual assistants are increasingly integrated into customer relationship management strategies to provide personalized engagement and predict consumer behavior. Through data analytics, companies can boost business relationships and tailor marketing efforts. This segment accounts for over 50% of the market, reflecting its critical role i

UAE Modern Trade Retail Market is expected to grow at 7.5% CAGR, reaching $75 Bn by 2030, driven by urbanization, rising incomes, and e-commerce expansion.