Key Insights as of Jun 2025

Market Demographics
Population size

1,558,693 people

Population growth rate

0.8 %

Age distribution: 0-14

22.5 %

Age distribution: 15-64

70.0 %

Age distribution: 65+

7.5 %

Household size

3.4 people

Household composition: Families

80.0 %

Education levels: Tertiary

35.0 %

Economic Indicators
Median household income

5,200 USD/year

Employment rate

88.0 %

Job growth

1.2 %

Dominant industries

Manufacturing, Retail, Tourism

Cost of living index

65 index

Consumer Spending & Buying Power
Retail sales per capita

1,800 USD

Disposable income

4,000 USD/year

Spending: Apparel

20.0 %

Spending: Dining

15.0 %

Spending: Electronics

10.0 %

Competition & Retail Presence
Existing retail mix

Apparel, Grocery, Electronics

Number of competitors

150 stores

Market saturation

Moderate

Presence of anchor tenants

Yes

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs: Retail

15 USD/sqft/year

Property values

1,200 USD/sqft

Zoning laws

Commercial zoning in central areas

Business permits

Moderate complexity

Availability of retail space

Limited

Proximity to major roads

High

Public transportation access

Good

Parking availability

Moderate

Traffic & Accessibility
Pedestrian traffic

High

Vehicle traffic

Moderate vehicles/hour

Public transport accessibility

80.0 %

Commute times

25 minutes

Work patterns

9 AM - 6 PM

Psychographics & Consumer Lifestyle
Shopping preferences

In-store preferred

Brand affinity

Local and mid-tier brands

Consumer loyalty

Moderate

Entertainment trends

Dining, Cultural events

Crime Rates & Safety
Crime statistics

Low incidents/100,000

Shoplifting rates

0.5 %

Public safety measures

Police patrols, CCTV

Tourism & Seasonal Factors
Tourist spending

500 USD/tourist

Tourist footfall

1,200,000 visitors/year

Major local events

Nowruz, Cultural festivals

Seasonal attractions

Bazaar, Historic sites

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

15.0 %

Click-and-collect adoption

5.0 %

Preference for in-store

75.0 %

Retail & Mall Performance
Total retail space

8,000,000 sqft

Retail space per capita

5.1 sqft

Projected growth in retail space

2.0 %

Retail leakage rate

10.0 %

Sustainable retail demand

Stable

Consumer Behavior & Spending
Grocery market share: Retailer 1

30.0 %

Grocery market share: Retailer 2

20.0 %

Grocery market share: Retailer 3

15.0 %

Consumer spending: Grocery

35.0 %

Grocery expenditure trends

Stable

Luxury retail performance

Low

Top mall shopping preferences

Laleh Park, Tabriz Bazaar

Shopping trips to other cities

15.0 %

Key drivers for mall visits

Convenience, Variety

Preferred brand categories

Value fashion, Electronics

Competitive & Site Analysis
Number of existing malls

3 malls

Total retail footfall

10,000,000 visits/year

Retail market gaps

Luxury retail, Entertainment

Trade area population

2,000,000 people

Retail potential in catchment area

Moderate

Projected retail growth rate

1.5 %

Preferred mall layouts

Open-air, Mixed-use

Site & Accessibility
Public transport access

Good

Walkability score

70 index

Road infrastructure & car access

High

Parking capacity in comparable malls

1,000 spaces

Surrounding land use

Commercial, Residential

Future developments

Metro expansion, Mixed-use projects