Market Forecast By Product (Food and Beverages, Personal and Household Care, Apparel, Footwear and Accessories, Furniture, Toys, Electronic and Household Appliances, Other Products), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Department Stores, Specialty Stores, Online, Other Distribution Channels) And Competitive Landscape
Product Code: ETC255412 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Egypt Retail Market |
Forecast Period | 2025-2031 |
CAGR | 4.8% |
Growing Sector | Food & Beverages |
Egypt Retail Market report thoroughly covers the market by product and by distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt has one of the largest and fastest-growing retail markets in Africa. With a massive population, Egypt offers a vast consumer base for retailers to tap into. The country also has a strong economic growth rate and a rapidly expanding middle class, making it an attractive destination for foreign investment in the retail sector. Egypt has seen a steady economic growth rate over the past few years. This has led to an increase in consumer spending, particularly on non-essential items.
According to 6Wresearch, the Egypt Retail Market size is projected to reach at a CAGR of 4.8% during the forecast period 2025-2031. The country has a large and rapidly growing population. With more and more people entering the workforce and earning disposable incomes, there is an increased demand for consumer goods and services. Egypt's urban population is expected to reach 60% by 2030, which means more people are moving to cities and creating a demand for modern retail formats. The Egyptian government has implemented several initiatives to boost the country's retail sector, such as reducing bureaucracy, simplifying business procedures, and incentivizing foreign investment. These are some major factors estimated to bolster the Egypt Retail Market growth in the coming years at a substantial rate.
The Egyptian government has introduced several initiatives to support the retail market's growth and stability. One significant step is the implementation of a new Value Added Tax (VAT) system, aimed at streamlining tax collection and enhancing the business environment for both local and foreign retailers. Additionally, the government has launched various digital transformation projects to modernize the retail sector, focusing on improving digital payments infrastructure and promoting e-commerce platforms.
The Egypt retail market is a mix of local giants and international brands, offering a wide range of products and services to consumers. Some of the key players include Carrefour, Jumia Egypt, Talaat Moustafa Group and Mansour Group, which have made substantial investments in the retail infrastructure, from shopping malls to distribution networks.
The Egypt retail industry is likely to secure a substantial growth, driven by the increasing consumer demand, technological advancements, and government support. E-commerce is expected to play a pivotal role in this expansion, with more consumers turning to online shopping for convenience and safety. Additionally, there is a significant opportunity for retailers to invest in omni-channel strategies, blending in-store experiences with online platforms to offer a seamless customer experience.
According to Dhaval, Research Manager, 6Wresearch, the food and beverages segment is growing product category in the Egypt retail market. This can be attributed to the fact that food and essential items are always in demand, making it a resilient sector even during economic downturns. Additionally, with the rise of e-commerce platforms offering grocery delivery services.
Based on the distribution channel, online is witnessing a massive growth, and dominating the Egypt Retail Market share. This growth trend within the online distribution channel points towards a significant shift in consumer shopping habits, prompted by the ease of accessibility, wider product selections, and the convenience of home delivery.
The report offers a comprehensive study of the subsequent market segments:
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 Egypt Retail Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Retail Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Retail Market - Industry Life Cycle |
3.4 Egypt Retail Market - Porter's Five Forces |
3.5 Egypt Retail Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Egypt Retail Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Egypt Retail Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Retail Market Trends |
6 Egypt Retail Market, By Types |
6.1 Egypt Retail Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Egypt Retail Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 Egypt Retail Market Revenues & Volume, By Food and Beverages, 2021 - 2031F |
6.1.4 Egypt Retail Market Revenues & Volume, By Personal and Household Care, 2021 - 2031F |
6.1.5 Egypt Retail Market Revenues & Volume, By Apparel, 2021 - 2031F |
6.1.6 Egypt Retail Market Revenues & Volume, By Footwear and Accessories, 2021 - 2031F |
6.1.7 Egypt Retail Market Revenues & Volume, By Furniture, 2021 - 2031F |
6.1.8 Egypt Retail Market Revenues & Volume, By Toys, 2021 - 2031F |
6.1.9 Egypt Retail Market Revenues & Volume, By Other Products, 2021 - 2031F |
6.1.10 Egypt Retail Market Revenues & Volume, By Other Products, 2021 - 2031F |
6.2 Egypt Retail Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Egypt Retail Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021 - 2031F |
6.2.3 Egypt Retail Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
6.2.4 Egypt Retail Market Revenues & Volume, By Department Stores, 2021 - 2031F |
6.2.5 Egypt Retail Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.2.6 Egypt Retail Market Revenues & Volume, By Online, 2021 - 2031F |
6.2.7 Egypt Retail Market Revenues & Volume, By Other Distribution Channels, 2021 - 2031F |
7 Egypt Retail Market Import-Export Trade Statistics |
7.1 Egypt Retail Market Export to Major Countries |
7.2 Egypt Retail Market Imports from Major Countries |
8 Egypt Retail Market Key Performance Indicators |
9 Egypt Retail Market - Opportunity Assessment |
9.1 Egypt Retail Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Egypt Retail Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Egypt Retail Market - Competitive Landscape |
10.1 Egypt Retail Market Revenue Share, By Companies, 2024 |
10.2 Egypt Retail Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |