Consumer Electronics Retail in Middle East
Summary
Consumer Electronics Retail in Middle East industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The consumer electronics retail market comprises the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. The market value represents the retail sales value of consumer electronics.
- The Middle Eastern consumer electronics retail market recorded revenues of $36.2 billion in 2023, representing a compound annual growth rate (CAGR) of 4.3% between 2018 and 2023.
- The communications equipment segment accounted for the market's largest proportion in 2023, with total revenues of $18.2 billion, equivalent to 50.3% of the market's overall value.
- The contraction of the Middle Eastern consumer electronics retail market in 2023 is attributed to the depreciation of the Egyptian pound against the dollar which affected the market growth in Egypt. Also, the geopolitical tensions in Israel and the rise in inflation eroded consumer purchasing power, making it more challenging for households to purchase non-essential goods such as consumer electronics.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the consumer electronics retail market in Middle East
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in Middle East
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East consumer electronics retail market with five year forecasts by both value and volume
- What was the size of the Middle East consumer electronics retail market by value in 2023?
- What will be the size of the Middle East consumer electronics retail market in 2028?
- What factors are affecting the strength of competition in the Middle East consumer electronics retail market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East's consumer electronics retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. Have there been any notable new entrants?
- 7.3. What are the most recent developments in the market?
- 8 Company Profiles
- 8.1. Jarir Marketing Co
- 8.2. Jumbo Electronics Company Ltd LLC
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Middle East consumer electronics retail market value: $ million, 2018-23
- Table 2: Middle East consumer electronics retail market category segmentation: % share, by value, 2018-23
- Table 3: Middle East consumer electronics retail market category segmentation: $ million, 2018-23
- Table 4: Middle East consumer electronics retail market geography segmentation: $ million, 2023
- Table 5: Middle East consumer electronics retail market distribution: % share, by value, 2023
- Table 6: Middle East consumer electronics retail market value forecast: $ million, 2023-28
- Table 7: Jarir Marketing Co: key facts
- Table 8: Jarir Marketing Co: Annual Financial Ratios
- Table 9: Jarir Marketing Co: Key Employees
- Table 10: Jumbo Electronics Company Ltd LLC: key facts
- Table 11: Jumbo Electronics Company Ltd LLC: Key Employees
- Table 12: Middle East Size of Population (million), 2019-23
- Table 13: Middle East real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 14: Middle East GDP (Current Prices, $ Billion), 2019-23
- Table 15: Middle East Inflation, 2019-23
- Table 16: Middle East Consumer Price Index (Absolute), 2019-23
- Table 17: Middle East exchange rate, 2018-23
- List of Figures
- Figure 1: Middle East consumer electronics retail market value: $ million, 2018-23
- Figure 2: Middle East consumer electronics retail market category segmentation: $ million, 2018-23
- Figure 3: Middle East consumer electronics retail market geography segmentation: % share, by value, 2023
- Figure 4: Middle East consumer electronics retail market distribution: % share, by value, 2023
- Figure 5: Middle East consumer electronics retail market value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the consumer electronics retail market in the Middle East, 2023
- Figure 7: Drivers of buyer power in the consumer electronics retail market in the Middle East, 2023
- Figure 8: Drivers of supplier power in the consumer electronics retail market in the Middle East, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the consumer electronics retail market in the Middle East, 2023
- Figure 10: Factors influencing the threat of substitutes in the consumer electronics retail market in the Middle East, 2023
- Figure 11: Drivers of degree of rivalry in the consumer electronics retail market in the Middle East, 2023
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