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UAE Retail Market Overview Base Year:  2023 Historical Years:  2018-2023 Forecast Years:  2024-2032 Market Growth Rate:   5.30%  (2024-2032) According to the latest report by IMARC Group, the  UAE retail market size  is projected to grow at a CAGR of  5.30% from 2024 to 2032.  The market is expanding, driven by rising consumer spending, tourism, e-commerce growth, and increasing demand for luxury products. UAE Retail Market Trends and Drivers: The UAE retail market is rapidly expanding due to a number of interrelated reasons. The market is primarily driven by expanding consumer spending, an increasing number of expatriates, and an increase in international tourists. The retail business in Dubai and Abu Dhabi has expanded tremendously, with premium brands, luxury malls, and traditional souks emerging as key worldwide shopping destinations. In accordance with these elements, the UAE's advantageous economic policies, such as t...

Retail Market-UAE Market Statistics Base Year:  2023 Historical Years:  2018-2023 Forecast Years:  2024-2032 Market Growth Rate:   5.30%  (2024-2032) The UAE retail market is thriving, driven by strong consumer spending, tourism, e-commerce growth, and diverse retail offerings. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of  5.30% from 2024 to 2032 . Download sample copy of the Report:  https://www.imarcgroup.com/uae-retail-market/requestsample UAE Retail Market Trends and Drivers: Rapid Evolution : The UAE retail market is rapidly evolving, driven by a robust economy and a growing population with high disposable incomes. Market Growth Drivers : Significant infrastructure investments and the development of modern retail spaces are fueling growth. The UAE’s strategic position as a trade hub attracts international brands and retailers, further driving expansion. The rise of e-commerce and the adoption of digit...