Bushehr
2 Total Malls

Key Insights as of Jun 2025

Market Demographics
Population size

223,504 people

Population growth rate

1.8 %

Age distribution

0-14: 25%, 15-64: 68%, 65+: 7% %

Household size

4.2 people

Household composition

Families: 75%, Singles: 20%, Other: 5% %

Education levels

High school: 40%, Bachelor’s: 25%, Postgraduate: 10% %

Economic Indicators
Median household income

12,500 USD

Employment rate

92 %

Job growth

1.5 %

Dominant industries

Oil, fishing, trade

Cost of living index

85 index

Consumer Spending & Buying Power
Retail sales per capita

3,200 USD

Disposable income

10,000 USD

Spending behavior - apparel

15 %

Spending behavior - dining

20 %

Spending behavior - electronics

10 %

Competition & Retail Presence
Existing retail mix

Grocery: 30%, Apparel: 25%, Electronics: 15% %

Number of competitors

150 stores

Market saturation

Moderate

Presence of anchor tenants

2 stores

Foot traffic from nearby businesses

5,000 daily visits

Real Estate & Infrastructure
Rent costs

10 USD/sq ft

Property values

150,000 USD

Zoning laws

Commercial zones: 20% %

Business permits

6 months time

Availability of retail space

10,000 sq ft

Proximity to major roads

90 %

Public transportation access

70 %

Parking availability

500 spaces

Traffic & Accessibility
Pedestrian traffic

3,000 daily

Vehicle traffic

20,000 daily

Public transport accessibility

65 %

Commute times

25 minutes

Work patterns

9 AM-5 PM: 60% %

Psychographics & Consumer Lifestyle
Shopping preferences

In-store: 60%, Online: 40% %

Brand affinity

Local brands: 50%, Global: 50% %

Consumer loyalty

Moderate

Entertainment and leisure trends

Dining, beach activities

Crime Rates & Safety
Crime statistics

1,200 incidents/100,000 people

Shoplifting rates

50 incidents/100,000 people

Public safety measures

CCTV, patrols

Tourism & Seasonal Factors
Tourist spending

500 USD/tourist

Tourist footfall

50,000 annual

Major local events

2 events

Seasonal attractions

Beaches, festivals

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

35 %

Click-and-collect adoption

20 %

Local preference for in-store shopping

65 %

Retail & Mall Performance
Total retail space

500,000 sq ft

Retail space per capita

2.2 sq ft/person

Projected growth in retail space

5 %

Retail leakage rate

15 %

Sustainable retail demand

Moderate

Major upcoming retail projects

1 projects

Consumer Behavior & Spending
Grocery market share - Retailer 1

Carrefour: 30 %

Grocery market share - Retailer 2

Lulu Hypermarket: 25 %

Grocery market share - Retailer 3

Local markets: 20 %

Consumer spending patterns

Essentials: 60%, Discretionary: 40% %

Grocery expenditure trends

5 %

Luxury retail performance

Low

Top mall shopping preferences

Convenience, variety

Shopping trips to other cities

10 %

Key drivers for mall visits

Dining, entertainment

Preferred brand categories

Value fashion, electronics

Competitive & Site Analysis
Number of existing malls

2 malls

Total retail footfall

2,000,000 annual visits

Retail market gaps

Luxury retail, entertainment

Trade area population

300,000 people

Retail potential in catchment area

Moderate

Projected retail growth rate

4 %

Preferred mall layouts

Open-air, mixed-use

Site & Accessibility
Public transport access

70 %

Walkability score

60 index

Road infrastructure & car access

80 %

Parking capacity in comparable malls

1,000 spaces

Surrounding land use & future developments

Residential, commercial