Key Insights as of Jun 2025
Market Demographics
Population size
40,000 people
Population growth rate
3.5 %
Age distribution
30% 0-19, 50% 20-49, 20% 50+ %
Household size
3.8 people
Household composition
60% families, 30% singles, 10% others %
Education levels
40% high school, 35% bachelor’s, 15% postgraduate, 10% others %
Economic Indicators
Median household income
48,000 USD/year
Employment rate
92 %
Job growth
4.0 %
Dominant industries
Tourism, Retail, Real Estate
Cost of living index
110 index
Consumer Spending & Buying Power
Retail sales per capita
6,500 USD/year
Disposable income
38,000 USD/year
Spending behavior - apparel
25 %
Spending behavior - dining
30 %
Spending behavior - electronics
15 %
Competition & Retail Presence
Existing retail mix
40% apparel, 30% dining, 20% electronics, 10% others %
Number of competitors
50 businesses
Market saturation
Moderate
Presence of anchor tenants
Yes
Foot traffic from nearby businesses
High
Real Estate & Infrastructure
Rent costs
30 USD/sqft/year
Property values
2,500 USD/sqft
Zoning laws
Retail-friendly
Business permits
Streamlined
Availability of retail space
Limited
Proximity to major roads
Excellent
Public transportation access
Moderate
Parking availability
Adequate
Traffic & Accessibility
Pedestrian traffic
High
Vehicle traffic
Moderate vehicles/day
Public transport accessibility
50 %
Commute times
15 minutes
Work patterns
60% local, 40% tourist-related %
Psychographics & Consumer Lifestyle
Shopping preferences
60% in-store, 40% online %
Brand affinity
Luxury, International
Consumer loyalty
Moderate
Entertainment and leisure trends
Dining, Beach activities
Crime Rates & Safety
Crime statistics
Low
Shoplifting rates
2 incidents/1,000 people
Public safety measures
High
Tourism & Seasonal Factors
Tourist spending
2,000 USD/tourist
Tourist footfall
500,000 visitors/year
Major local events
Shopping festivals
Seasonal attractions
Winter peak
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
1,200,000 sqft
Retail space per capita
30 sqft/person
Projected growth in retail space
5 %
Retail leakage rate
15 %
Sustainable retail demand
High
Major upcoming retail projects
New mall 2026
Consumer Behavior & Spending
Grocery market share - Retailer 1
Carrefour, 40 %
Grocery market share - Retailer 2
Lulu Hypermarket, 30 %
Grocery market share - Retailer 3
Local Co-op, 20 %
Consumer spending patterns
30% essentials, 40% discretionary %
Grocery expenditure trends
5 % growth/year
Luxury retail performance
Strong
Top mall shopping preferences
Coral Mall, Kish Grand Mall
Shopping trips to other cities
10 %
Key drivers for mall visits
Events, Dining
Preferred brand categories
Luxury fashion, Electronics
Competitive & Site Analysis
Number of existing malls
4 malls
Total retail footfall
10,000,000 visits/year
Retail market gaps
Specialty retail
Trade area population
50,000 people
Retail potential in catchment area
High
Projected retail growth rate
6 %
Preferred mall layouts
Open-air, Mixed-use
Site & Accessibility
Public transport access
Moderate
Walkability score
70 index
Road infrastructure & car access
Excellent
Parking capacity in comparable malls
2,000 spaces
Surrounding land use & future developments
Mixed-use, Tourism