Key Insights as of Jun 2025
Market Demographics
Population Size
526,000 people
Population Growth Rate
20.9 %
Median Age
27.5 years
Household Size
4.5 people
Average Household Income
5000 USD/month
Education Level - High School Graduation Rate
85 %
Education Level - Bachelor's Degree or Higher
15 %
Economic Indicators
Median Household Income
USD 5000 USD/month
Employment Rate
91 %
Job Growth Rate
3 %
Dominant Industries
Port Services Fishing, Manufacturing
Cost of Living Index
70 %
Consumer Spending & Buying Power
Retail Sales per Capita
USD 1000 USD/year
Disposable Income
USD 4000 USD/month
Spending Behavior - Apparel
25
Spending Behavior - Dining
15
Spending Behavior - Electronics
10
Competition & Retail Presence
Existing Retail Mix
Local Markets National Chains
Number of Competitors
50 companies
Market Saturation
High
Presence of Anchor Tenants
Yes
Foot Traffic from Nearby Businesses
High %
Real Estate & Infrastructure
Rent Costs
USD 20 USD/sqm/month
Property Values
USD 1500 USD/sqm
Zoning Laws
Commercial Residential, Industrial
Business Permits
Required
Availability of Retail Space
Limited
Proximity to Major Roads
High
Public Transportation Access
Moderate
Parking Availability
Limited
Traffic & Accessibility
Pedestrian Traffic
High %
Vehicle Traffic
Moderate %
Public Transport Accessibility
Moderate
Commute Times
30 minutes
Work Patterns
6-day work week
Psychographics & Consumer Lifestyle
Shopping Preferences
Preference for local markets %
Brand Affinity
Moderate
Consumer Loyalty
High %
Entertainment and Leisure Trends
Preference for family-oriented activities %
Crime Rates & Safety
Crime Statistics
Low
Shoplifting Rates
Minimal
Public Safety Measures
Regular patrols community programs
Tourism & Seasonal Factors
Tourist Spending
USD 2000000 USD/year
Tourist Footfall
50,000 people/year
Major Local Events
International Handicrafts Fair %
Seasonal Attractions
Coastal tourism cultural festivals
Online vs. In-Store Shopping Trends
E-commerce Penetration
30 %
Click-and-Collect Adoption
20 %
Local Preference for In-Store Shopping
High %
Retail & Mall Performance
Total Retail Space
18,240 sqm
Retail Space per Capita
0.035 sqm/person
Projected Growth in Retail Space
5 %
Retail Leakage Rate
10 %
Sustainable Retail Demand
Moderate
Major Upcoming Retail Projects
Bandar Abbas Mall Expansion
Consumer Behavior & Spending
Grocery Market Share - Retailer A
30
Grocery Market Share - Retailer B
25
Grocery Market Share - Retailer C
20
Consumer Spending Patterns
High allocation to essentials %
Grocery Expenditure Trends
Increasing %
Luxury Retail Performance
Moderate
Top Mall Shopping Preferences
Electronics Apparel
Shopping Trips to Other Cities
15 %
Key Drivers for Mall Visits
Entertainment variety
Preferred Brand Categories - Luxury Fashion
10
Preferred Brand Categories - Value Fashion
15
Competitive & Site Analysis
Number of Existing Malls
2 malls
Total Retail Footfall
1,000,000 visits/year
Retail Market Gaps
Lack of high-end retail options %
Trade Area Population
100,000 people
Retail Potential in Catchment Area
High
Projected Retail Growth Rate
5 %
Preferred Mall Layouts
Open-air with entertainment zones %
Site & Accessibility
Public Transport Access
Moderate
Walkability Score
65 %
Road Infrastructure & Car Access
Good
Parking Capacity in Comparable Malls
500 spaces
Surrounding Land Use & Future Developments
Mixed-use developments planned