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Kuwait retail market projected to hit $27 billion by 2031 amid digital shift - Times Kuwait
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Kuwait retail market projected to hit $27 billion by 2031 amid digital shift - Times Kuwait
A recent study by Mordor Intelligence projects steady growth in Kuwait’s retail sector, with the market expected to expand from $22.56 billion in 2025 to $23.26 billion in 2026, reaching approximately $27.1 billion by 2031. The report forecasts a compound annual growth rate of 3.1 percent between 2026 and 2031, reflecting gradual but sustained expansion driven by evolving consumer trends and ongoing economic development. According to the study, …
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