Qatar Retail Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Qatar Retail Industry is Segmented by Products (Food and Beverages, Personal and Household Care, Apparel, Footwear and Accessories, Furniture, Toys and Hobbies, Electronic and Household Appliances, and Other Products), By Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, and Department Stores, Specialty Stores, Online, and Other Distribution Channels). The report offers Market size and forecasts for the Retail Industry in Qatar Market in value (USD Million) for all the above segments.

Qatar Retail Market Size

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Qatar Retail Industry Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 5.00 %
Market Concentration Medium

Major Players

Qatar Retail Industry Major Players

*Disclaimer: Major Players sorted in no particular order

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Qatar Retail Market Analysis

The Qatar retail industry is expected to grow at a CAGR of greater than 5% in the forecasted period. The e-commerce industry includes the digital channel-based sale of tangible commodities to individual end-users. This definition includes purchases made using mobile devices and desktop computers (including notebooks and laptops). Digitally distributed services, media downloads or streaming, items delivered digitally in B2B markets, and the digital purchase or resale of worn, damaged, or repaired goods are not included in the e-commerce market. All monetary amounts are expressed in the annual gross revenue, excluding shipping expenses.

The COVID-19 pandemic significantly affected the retail sector in Qatar, as overall consumer spending decreased. However, the e-commerce sector saw an incremental rise during the lockdowns and restrictions on movement imposed by the local governments.

Despite the worldwide slump, Qatar's retail sector performed well. Although stores had to close in the spring due to lockdown measures by governments worldwide to stop the spread of COVID-19, reopening started as early as that summer. Since then, several health regulations have been implemented at malls and retail establishments in Qatar to welcome customers. Even though median monthly rents decreased, a few new malls opened in the base year, and more are anticipated for the following year, thanks to pent-up demand for goods and socializing. Online delivery and minimal supply disruption during the pandemic helped grocery stores, mainly thanks to Qatar's pre-pandemic drive to increase food security and diversify trading.

Qatar Retail Market Trends

This section covers the major market trends shaping the Qatar Retail Market according to our research experts:

Rising Disposable Income and Affluent Standard of Living is Driving the Market

The nation offers a sizable consumer market. With a population of over 2.6 million and a 99.4% urbanization rate, Qatar is also one of the wealthiest nations in the world, ranking fifth with a GDP per capita of over US$132,886 in the base year. Qatari consumers are open to trying new items and examining the quality of the goods and services being supplied. Previously, there were 21 shopping malls and 1.4 million sq. m. of organized retail space in the city. Rapid economic development, high levels of disposable income, and a high standard of living are the main drivers of retail market expansion.

As predicted, place Vendome, Qatar's largest shopping center, opened in April this year; most of its stores are already leased. Since Tawar Mall opened earlier, Place Vendome is the first sizable mall (50,000 sq. m. or more) to debut in Qatar. It will include numerous new retail brands, including Fortnum & Mason, Urban Outfitters, and Anthropology. The launch of Place Vendome will mark Doha's 19th mall with more than 20,000 sq. m. of rentable space. More than 1.7 million sq. m. of organized retail space will be added to Qatar, with 230,000 sq. m.

Qatar Retail Industry - Increase in GDP Per Capita

Digital Adoption and Transformation is Boosting the E-Commerce Sector

The government moved rapidly to facilitate the expansion of digital options when non-essential stores were shut down at the start of the pandemic. For instance, the Qatar Central Bank introduced the Qatar Mobile Payment System, which enables users to pay with their smartphones by scanning QR codes. This was made possible by the population's propensity to use digital tools. According to Bader Al Darwish, chairman and managing director of Darwish Holding, "It is essential to accelerate digital transformation plans in retail to reflect the rapidly changing ambitions of customers and exceed their expectations."

Local retailers had to adapt, and many joined forces with large e-commerce platforms and delivery services. Before the pandemic ended, they needed more resources, creativity, and know-how to build their digital presence. One organization that took advantage of the rise in online shopping was EB utler, which assisted various companies in developing a multichannel strategy for delivering goods and services.

Qatar Retail Industry - Internet Penetration By Country (%)

Qatar Retail Industry Overview

The retail industry is fiercely competitive, with a small number of significant businesses controlling the majority of the market share. With companies expanding their storefronts and considering the commercial possibilities in new regions, the organized retail market has been developing rapidly. Large hypermarkets, supermarkets, and other retail chains are steadily replacing the majority of unorganized retail establishments. A large-scale continuation of this is anticipated during the forecast period, contributing considerably to market growth. Some of the major players dominating the market are Chalhoub Group, Alshaya, and Al Tayer Group, etc.

Qatar Retail Market Leaders

  1. Chalhoub Group

  2. Azadea Group - Lebanon

  3. Alshaya

  4. Al Tayer Group

  5. Gulf Marketing Group (GMG

*Disclaimer: Major Players sorted in no particular order

Qatar Retail Industry Concentration
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Qatar Retail Market News

  • In September 2022, Chalhoub Group acquired a majority share of Threads Styling, a personal shopping platform and online luxury retailer in London. Except for the shares held by Sophie Hill, Threads Styling's founder, and CEO, Chalhoub Group purchased all of the company's shares.
  • In May 2022, AZADEA Group and BOSE in the UAE formed a partnership. AZADEA Group, a pioneering lifestyle retailer, is making a name for itself through innovative new collaborations with international companies in various business sectors. The business partnered with BOSE to expand its varied portfolio of top lifestyle brands while bolstering its position in the UAE. BOSE and AZADEA Group are dedicated to invention and innovation and joined forces to give their customers a seamless and improved purchasing experience.

Qatar Retail Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS AND INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Industry Attractiveness - Porters' Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitutes

      5. 4.4.5 Intensity of Competitive Rivalry

    5. 4.5 Insights on Impact of Technology and Innovation in Operation in Retail Industry Market

    6. 4.6 Impact of COVID-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product

      1. 5.1.1 Food and Beverages

      2. 5.1.2 Personal and Household Care

      3. 5.1.3 Apparel, Footwear, and Accessories

      4. 5.1.4 Furniture, Toys, and Hobby

      5. 5.1.5 Electronic and Household Appliances

      6. 5.1.6 Other Products

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets, Convenience Stores, and Department Stores

      2. 5.2.2 Speciality Stores

      3. 5.2.3 Online

      4. 5.2.4 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Concentration Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Chalhoub Group

      2. 6.2.2 Azadea Group - Lebanon

      3. 6.2.3 Alshaya Group

      4. 6.2.4 Al Tayer Group

      5. 6.2.5 Gulf Marketing Group (GMG Group)

      6. 6.2.6 Gourmia

      7. 6.2.7 Tayama

      8. 6.2.8 Majid al futtaim retail

      9. 6.2.9 Al Mana

      10. 6.2.10 Al Jassim Group*

    3. *List Not Exhaustive
  7. 7. FUTURE OF THE MARKET

  8. 8. DISCLAIMER

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Qatar Retail Industry Segmentation

In contrast to wholesale, which involves selling to businesses or institutions, retail involves selling goods and services to people.

The Qatar Retail Industry is Segmented by Products (Food and Beverages, Personal and Household Care, Apparel, Footwear and Accessories, Furniture, Toys and Hobbies, Electronic and Household Appliances, and Other Products), By Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, and Department Stores, Specialty Stores, Online, and Other Distribution Channels). The report offers Market size and forecasts for the Retail Industry in Qatar Market in value (USD Million) for all the above segments.

By Product
Food and Beverages
Personal and Household Care
Apparel, Footwear, and Accessories
Furniture, Toys, and Hobby
Electronic and Household Appliances
Other Products
By Distribution Channel
Supermarkets/Hypermarkets, Convenience Stores, and Department Stores
Speciality Stores
Online
Other Distribution Channels
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Qatar Retail Market Research FAQs

The Qatar Retail Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Chalhoub Group, Azadea Group - Lebanon, Alshaya, Al Tayer Group and Gulf Marketing Group (GMG are the major companies operating in the Qatar Retail Market.

The report covers the Qatar Retail Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Qatar Retail Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Qatar Retail Industry Industry Report

Statistics for the 2024 Qatar Retail Industry market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Retail Industry analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Qatar Retail Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)