Key Insights as of Jun 2025
Market Demographics
Population size
2,500,000 people
Population growth rate
1.8 %
Age distribution
45% aged 20-39 %
Household size
4.2 people
Household composition
60% families with children %
Education levels
70% with tertiary education %
Economic Indicators
Median household income
60,000 USD/year
Employment rate
95 %
Job growth
2.5 %
Dominant industries
Oil, Retail, Finance
Cost of living index
120 index
Consumer Spending & Buying Power
Retail sales per capita
8,500 USD
Disposable income
45,000 USD/year
Spending behavior - apparel
25 %
Spending behavior - dining
20 %
Spending behavior - electronics
15 %
Competition & Retail Presence
Existing retail mix
Luxury, Mid-tier, F&B
Number of competitors
150 retail chains
Market saturation
Moderate
Presence of anchor tenants
80 %
Foot traffic from nearby businesses
12,000 daily visitors
Real Estate & Infrastructure
Rent costs
30 USD/sq ft/year
Property values
5,000 USD/sq m
Zoning laws
Strict
Business permits
6-12 months
Availability of retail space
702,000 sq m
Proximity to major roads
90 %
Public transportation access
Moderate
Parking availability
2,000 spaces/mall
Traffic & Accessibility
Pedestrian traffic
15,000 daily visitors
Vehicle traffic
50,000 daily vehicles
Public transport accessibility
60 %
Commute times
25 minutes
Work patterns
40% remote %
Psychographics & Consumer Lifestyle
Shopping preferences
Luxury, Convenience
Brand affinity
Global brands
Consumer loyalty
Moderate
Entertainment and leisure trends
Dining, Cinema
Crime Rates & Safety
Crime statistics
2,500 incidents/100,000 people
Shoplifting rates
0.5 %
Public safety measures
High
Tourism & Seasonal Factors
Tourist spending
1,500 USD/tourist
Tourist footfall
1,000,000 annual visitors
Major local events
Kuwait Shopping Festival
Seasonal attractions
Winter festivals
Online vs. In-Store Shopping Trends
E-commerce penetration
30 %
Click-and-collect adoption
15 %
Local preference for in-store shopping
70 %
Retail & Mall Performance
Total retail space
702,000 sq m
Retail space per capita
0.28 sq m/person
Projected growth in retail space
5 %
Retail leakage rate
10 %
Sustainable retail demand
High
Major upcoming retail projects
Assima Mall expansion
Consumer Behavior & Spending
Grocery market share - Retailer 1
The Sultan Center, 25 %
Grocery market share - Retailer 2
Carrefour, 20 %
Grocery market share - Retailer 3
Lulu Hypermarket, 15 %
Consumer spending patterns
Luxury, Essentials
Grocery expenditure trends
5 % growth
Luxury retail performance
Strong
Top mall shopping preferences
The Avenues, 360 Mall
Shopping trips to other cities
5 %
Key drivers for mall visits
Dining, Events
Preferred brand categories
Luxury fashion, Electronics
Competitive & Site Analysis
Number of existing malls
10 malls
Total retail footfall
50,000,000 annual visits
Retail market gaps
Sustainable products
Trade area population
3,000,000 people
Retail potential in catchment area
High
Projected retail growth rate
5.9 %
Preferred mall layouts
Open-air, Mixed-use
Site & Accessibility
Public transport access
60 %
Walkability score
70 index
Road infrastructure & car access
High
Parking capacity in comparable malls
2,000 spaces
Surrounding land use & future developments
Residential, Commercial