Boston, MA -- (SBWire) -- 01/29/2014 --Saudi Arabia's retail sector is expected to grow steadily over the next few years on the back of strong economic growth, rising disposable incomes, increasing acceptance of the concept of modern retailing, a youthful population and an enlarged consumer base created by the improved position of women in society. This will result in a strong rise in household spending across all retail subsectors. We are particularly bullish about the future growth prospects for restaurants & hotel spending, with expenditure on furnishing & home also forecast to grow strongly between 2013 and 2018. However, we expect personal, insurance & other expenditure to remain by far the highest throughout our forecast period.
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"Saudi Arabia Retail Report Q1 2014" Published
Recently published research from Business Monitor International, "Saudi Arabia Retail Report Q1 2014", is now available at Fast Market Research