Product Code: ETC040163 | Publication Date: Jan 2021 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Kuwait Candy market currently, in 2023, has witnessed an HHI of 713, Which has increased slightly as compared to the HHI of 576 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Kuwait Candy market is flourishing with a diverse range of confectionery products catering to local and expatriate consumers. Candies are popular snacks and gifts, driving steady demand throughout the year. The market benefits from Kuwait vibrant retail sector and cultural celebrations that increase candy consumption.
The Kuwait Candy market is driven by the growing consumer preference for convenient and indulgent snack options. Candies are increasingly popular among all age groups as a quick energy source and mood enhancer. Manufacturers are innovating with new flavors, shapes, and packaging to attract consumers. Additionally, the gifting culture during festivals and celebrations contributes to seasonal spikes in candy sales. The expansion of retail channels and online platforms further supports market growth.
The Kuwait candy market encounters challenges related to changing consumer preferences and health concerns. Adapting to shifting consumer tastes towards healthier and organic options while maintaining the appeal of traditional candy products is a significant challenge. Market competition and pricing pressures also contribute to the complexity of the market.
In Kuwait, government policies regarding the candy market aim to ensure consumer safety, product quality, and adherence to nutritional standards. Regulatory measures may include labeling requirements that provide accurate information about ingredients, allergens, and nutritional content to help consumers make informed choices. The government may also enforce food safety regulations to prevent contamination and adulteration of candy products during production, packaging, and distribution. Additionally, initiatives to promote healthy eating habits and reduce sugar consumption among the population may be supported through public health campaigns and educational programs.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Kuwait Candy Market Overview |
3.1 Kuwait Country Macro Economic Indicators |
3.2 Kuwait Candy Market Revenues & Volume, 2019 & 2026F |
3.3 Kuwait Candy Market - Industry Life Cycle |
3.4 Kuwait Candy Market - Porter's Five Forces |
3.5 Kuwait Candy Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Kuwait Candy Market Revenues & Volume Share, By Distribution, 2019 & 2026F |
4 Kuwait Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kuwait Candy Market Trends |
6 Kuwait Candy Market, By Types |
6.1 Kuwait Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Kuwait Candy Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Kuwait Candy Market Revenues & Volume, By Chocolate Candy, 2016 - 2026F |
6.1.4 Kuwait Candy Market Revenues & Volume, By Non-Chocolate Candy, 2016 - 2026F |
6.2 Kuwait Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Kuwait Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2016 - 2026F |
6.2.3 Kuwait Candy Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.2.4 Kuwait Candy Market Revenues & Volume, By Specalist Retailers, 2016 - 2026F |
6.2.5 Kuwait Candy Market Revenues & Volume, By Online Retail, 2016 - 2026F |
6.2.6 Kuwait Candy Market Revenues & Volume, By Others, 2016 - 2026F |
7 Kuwait Candy Market Import-Export Trade Statistics |
7.1 Kuwait Candy Market Export to Major Countries |
7.2 Kuwait Candy Market Imports from Major Countries |
8 Kuwait Candy Market Key Performance Indicators |
9 Kuwait Candy Market - Opportunity Assessment |
9.1 Kuwait Candy Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Kuwait Candy Market Opportunity Assessment, By Distribution, 2019 & 2026F |
10 Kuwait Candy Market - Competitive Landscape |
10.1 Kuwait Candy Market Revenue Share, By Companies, 2019 |
10.2 Kuwait Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |