Key Insights as of Jun 2025

Market Demographics
Population size

4,061,150 people

Population growth rate

2.4 %

Age distribution - 0-14

30.5 %

Age distribution - 15-64

63.8 %

Age distribution - 65+

5.7 %

Household size

4.8 people

Household composition - Families

85 %

Education levels - Tertiary

32 %

Economic Indicators
Median household income

8,400 USD

Employment rate

88 %

Job growth

1.8 %

Dominant industries - Services

60 %

Cost of living index

65 index

Consumer Spending & Buying Power
Retail sales per capita

2,100 USD

Disposable income

6,200 USD

Spending behavior - Apparel

15 %

Spending behavior - Dining

20 %

Spending behavior - Electronics

10 %

Competition & Retail Presence
Existing retail mix - Malls

12 count

Number of competitors - Grocery

150 count

Market saturation - Retail

70 %

Presence of anchor tenants

80 %

Foot traffic from nearby businesses

1,200,000 visits/month

Real Estate & Infrastructure
Rent costs - Retail

25 USD/sqft/year

Property values - Commercial

2,500 USD/sqm

Zoning laws - Retail permissive

80 %

Business permits - Time

30 days

Availability of retail space

15 %

Proximity to major roads

90 %

Public transportation access

75 %

Parking availability

1,500 spaces/mall

Traffic & Accessibility
Pedestrian traffic - Downtown

50,000 people/day

Vehicle traffic - Major roads

200,000 vehicles/day

Public transport accessibility

70 %

Commute times - Average

30 minutes

Work patterns - Hybrid

40 %

Psychographics & Consumer Lifestyle
Shopping preferences - In-store

65 %

Brand affinity - International

55 %

Consumer loyalty - High

60 %

Entertainment trends - Cinemas

25 %

Crime Rates & Safety
Crime statistics - Violent

1,200 incidents/year

Shoplifting rates

0.5 %

Public safety measures - Cameras

85 %

Tourism & Seasonal Factors
Tourist spending

1,500,000,000 USD/year

Tourist footfall

2,500,000 visits/year

Major local events

10 events/year

Seasonal attractions - Summer

60 %

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

35 %

Click-and-collect adoption

20 %

Local preference - In-store

65 %

Retail & Mall Performance
Total retail space

1,200,000 sqm

Retail space per capita

0.3 sqm/person

Projected growth in retail space

5 %

Retail leakage rate

15 %

Sustainable retail demand

80 %

Major upcoming retail projects

2 count

Consumer Behavior & Spending
Grocery market share - Carrefour

25 %

Grocery market share - Safeway

20 %

Grocery market share - C-Town

15 %

Consumer spending - Grocery

30 %

Grocery expenditure trends

3 %

Luxury retail performance

10 %

Top mall - Mecca Mall

30 %

Shopping trips to other cities

5 %

Key drivers - Variety

40 %

Preferred brand - Value fashion

45 %

Competitive & Site Analysis
Number of existing malls

12 count

Total retail footfall

30,000,000 visits/year

Retail market gaps - Electronics

15 %

Trade area population

2,500,000 people

Retail potential in catchment

2,000,000,000 USD

Projected retail growth rate

4 %

Preferred mall layouts - Open-air

35 %

Site & Accessibility
Public transport access

75 %

Walkability score

60 index

Road infrastructure - Car access

85 %

Parking capacity - Malls

1,500 spaces/mall

Surrounding land use - Mixed

70 %

Future developments - Retail

3 count