Key Insights as of Jun 2025

Market Demographics
Population size

200,000 people

Population growth rate

3.5 %

Age distribution

35% under 30, 50% 30-60, 15% over 60 %

Household size

3.2 people

Household composition

60% families, 30% singles, 10% shared %

Education levels

40% high school, 30% bachelor’s, 20% vocational, 10% other %

Economic Indicators
Median household income

12,000 USD/year

Employment rate

85 %

Job growth

4.0 %

Dominant industries

Tourism, Hospitality, Retail

Cost of living index

65 index

Consumer Spending & Buying Power
Retail sales per capita

2,500 USD/year

Disposable income

8,000 USD/year

Spending behavior by category

30% apparel, 40% dining, 20% electronics, 10% other %

Competition & Retail Presence
Existing retail mix

60% local, 30% regional, 10% international %

Number of competitors

50 retailers

Market saturation

Moderate

Presence of anchor tenants

Carrefour, Spinneys

Foot traffic from nearby businesses

10,000 daily visitors

Real Estate & Infrastructure
Rent costs

15 USD/sqft/year

Property values

150,000 USD

Zoning laws

Commercial zones in central and coastal areas

Business permits

6-12 months time

Availability of retail space

20,000 sqft

Proximity to major roads

90 %

Public transportation access

70 %

Parking availability

500 spaces

Traffic & Accessibility
Pedestrian traffic

15,000 daily

Vehicle traffic

20,000 daily vehicles

Public transport accessibility

High

Commute times

20 minutes

Work patterns

60% 9-5, 40% shift-based %

Psychographics & Consumer Lifestyle
Shopping preferences

50% in-store, 30% online, 20% hybrid %

Brand affinity

60% value, 30% luxury, 10% niche %

Consumer loyalty

Moderate

Entertainment and leisure trends

Dining, beach activities, malls

Crime Rates & Safety
Crime statistics

1,200 incidents/year

Shoplifting rates

5 incidents/100,000 people

Public safety measures

CCTV, security patrols

Tourism & Seasonal Factors
Tourist spending

1,500 USD/tourist

Tourist footfall

1,000,000 annual visitors

Major local events

Hurghada International Festival

Seasonal attractions

Red Sea resorts, diving

Online vs. In-Store Shopping Trends
E-commerce penetration

25 %

Click-and-collect adoption

15 %

Local preference for in-store shopping

60 %

Retail & Mall Performance
Total retail space

500,000 sqft

Retail space per capita

2.5 sqft/person

Projected growth in retail space

5 %

Retail leakage rate

20 %

Sustainable retail demand

High

Major upcoming retail projects

Senzo Mall expansion

Consumer Behavior & Spending
Grocery market share distribution

Carrefour 40%, Spinneys 30%, Metro 20% %

Consumer spending patterns

50% essentials, 30% discretionary, 20% luxury %

Grocery expenditure trends

5 % annual growth

Luxury retail performance

Moderate

Top mall shopping preferences

Senzo Mall, Hurghada City Center

Shopping trips to other cities

10 %

Key drivers for mall visits

Dining, entertainment, shopping

Preferred brand categories

40% value fashion, 30% luxury fashion, 20% electronics %

Competitive & Site Analysis
Number of existing malls

3 malls

Total retail footfall

5,000,000 annual visits

Retail market gaps

Luxury retail, specialty stores

Trade area population

250,000 people

Retail potential in catchment area

High

Projected retail growth rate

6 %

Preferred mall layouts

Open-air, mixed-use

Site & Accessibility
Public transport access

80 %

Walkability score

70 index

Road infrastructure & car access

High

Parking capacity in comparable malls

1,000 spaces

Surrounding land use & future developments

Residential, tourism, retail