A year ago, Standard Chartered Bank conducted a study on the middle class, according to which, Pakistan has a count of 30M households whose annual income is more than $10,000. With the outlook for global growth dimming and the uncertainty of trade tariffs unlikely to go away soon, we expect real GDP growth to slow to 1.6 percent this year from 2.3 percent in 2019. 1040587, Sales in Retailing by Store-based vs Non-Store: Value 2013-2018, Sales in Retailing by Store-based vs Non-Store: % Value Growth 2013-2018, Sales in Store-Based Retailing by Channel: Value 2013-2018, Sales in Store-Based Retailing by Channel: % Value Growth 2013-2018, Store-Based Retailing Outlets by Channel: Units 2013-2018, Store-Based Retailing Outlets by Channel: % Unit Growth 2013-2018, Sales in Non-Store Retailing by Channel: Value 2013-2018, Sales in Non-Store Retailing by Channel: % Value Growth 2013-2018, Non-Grocery Specialists: Value Sales, Outlets and Selling Space 2013-2018, Non-Grocery Specialists: Value Sales, Outlets and Selling Space: % Growth 2013-2018, Sales in Non-Grocery Specialists by Channel: Value 2013-2018, Sales in Non-Grocery Specialists by Channel: % Value Growth 2013-2018, Non-Grocery Specialists Outlets by Channel: Units 2013-2018, Non-Grocery Specialists Outlets by Channel: % Unit Growth 2013-2018, Retailing GBO Company Shares: % Value 2014-2018, Retailing GBN Brand Shares: % Value 2015-2018, Store-based Retailing GBO Company Shares: % Value 2014-2018, Store-based Retailing GBN Brand Shares: % Value 2015-2018, Store-based Retailing LBN Brand Shares: Outlets 2015-2018, Non-Store Retailing GBO Company Shares: % Value 2014-2018, Non-Store Retailing GBN Brand Shares: % Value 2015-2018, Non-Grocery Specialists GBO Company Shares: % Value 2014-2018, Non-Grocery Specialists GBN Brand Shares: % Value 2015-2018, Non-Grocery Specialists LBN Brand Shares: Outlets 2015-2018, Non-Grocery Specialists LBN Brand Shares: Selling Space 2015-2018, Forecast Sales in Retailing by Store-based vs Non-Store: Value 2018-2023, Forecast Sales in Retailing by Store-based vs Non-Store: % Value Growth 2018-2023, Forecast Sales in Store-Based Retailing by Channel: Value 2018-2023, Forecast Sales in Store-Based Retailing by Channel: % Value Growth 2018-2023, Forecast Store-Based Retailing Outlets by Channel: Units 2018-2023, Forecast Store-Based Retailing Outlets by Channel: % Unit Growth 2018-2023, Forecast Sales in Non-Store Retailing by Channel: Value 2018-2023, Forecast Sales in Non-Store Retailing by Channel: % Value Growth 2018-2023, Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space 2018-2023, Non-Grocery Specialists Forecasts: Value Sales, Outlets and Selling Space: % Growth 2018-2023, Forecast Sales in Non-Grocery Specialists by Channel: Value 2018-2023, Forecast Sales in Non-Grocery Specialists by Channel: % Value Growth 2018-2023, Forecast Non-Grocery Specialists Outlets by Channel: Units 2018-2023, Forecast Non-Grocery Specialists Outlets by Channel: % Unit Growth 2018-2023, Direct Selling by Category: Value 2013-2018, Direct Selling by Category: % Value Growth 2013-2018, Direct Selling GBO Company Shares: % Value 2014-2018, Direct Selling GBN Brand Shares: % Value 2015-2018, Direct Selling Forecasts by Category: Value 2018-2023, Direct Selling Forecasts by Category: % Value Growth 2018-2023, Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space 2013-2018, Health and Beauty Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2013-2018, Sales in Health and Beauty Specialist Retailers by Channel: Value 2013-2018, Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2013-2018, Health and Beauty Specialist Retailers GBO Company Shares: % Value 2014-2018, Health and Beauty Specialist Retailers GBN Brand Shares: % Value 2015-2018, Health and Beauty Specialist Retailers LBN Brand Shares: Outlets 2015-2018, Health and Beauty Specialist Retailers LBN Brand Shares: Selling Space 2015-2018, Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2018-2023, Health and Beauty Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2018-2023, Forecast Sales in Health and Beauty Specialist Retailers by Channel: Value 2018-2023, Forecast Sales in Health and Beauty Specialist Retailers by Channel: % Value Growth 2018-2023, Internet Retailing by Category: Value 2013-2018, Internet Retailing by Category: % Value Growth 2013-2018, Internet Retailing GBO Company Shares: % Value 2014-2018, Internet Retailing GBN Brand Shares: % Value 2015-2018, Internet Retailing Forecasts by Category: Value 2018-2023, Internet Retailing Forecasts by Category: % Value Growth 2018-2023, Mixed Retailers: Value Sales, Outlets and Selling Space 2013-2018, Mixed Retailers: Value Sales, Outlets and Selling Space: % Growth 2013-2018, Sales in Mixed Retailers by Channel: Value 2013-2018, Sales in Mixed Retailers by Channel: % Value Growth 2013-2018, Mixed Retailers Outlets by Channel: Units 2013-2018, Mixed Retailers Outlets by Channel: % Unit Growth 2013-2018, Mixed Retailers GBO Company Shares: % Value 2014-2018, Mixed Retailers GBN Brand Shares: % Value 2015-2018, Mixed Retailers LBN Brand Shares: Outlets 2015-2018, Mixed Retailers LBN Brand Shares: Selling Space 2015-2018, Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space 2018-2023, Mixed Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2018-2023, Forecast Sales in Mixed Retailers by Channel: Value 2018-2023, Forecast Sales in Mixed Retailers by Channel: % Value Growth 2018-2023, Forecast Mixed Retailers Outlets by Channel: Units 2018-2023, Forecast Mixed Retailers Outlets by Channel: % Unit Growth 2018-2023, Mobile Internet Retailing: Value 2013-2018, Mobile Internet Retailing: % Value Growth 2013-2018, Mobile Internet Retailing Forecasts: Value 2018-2023, Mobile Internet Retailing Forecasts: % Value Growth 2018-2023, Modern Grocery Retailers: Value Sales, Outlets and Selling Space 2013-2018, Modern Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2013-2018, Sales in Modern Grocery Retailers by Channel: Value 2013-2018, Sales in Modern Grocery Retailers by Channel: % Value Growth 2013-2018, Modern Grocery Retailers Outlets by Channel: Units 2013-2018, Modern Grocery Retailers Outlets by Channel: % Unit Growth 2013-2018, Modern Grocery Retailers GBO Company Shares: % Value 2014-2018, Modern Grocery Retailers GBN Brand Shares: % Value 2015-2018, Modern Grocery Retailers LBN Brand Shares: Outlets 2015-2018, Modern Grocery Retailers LBN Brand Shares: Selling Space 2015-2018, Modern Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2018-2023, Modern Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2018-2023, Forecast Sales in Modern Grocery Retailers by Channel: Value 2018-2023, Forecast Sales in Modern Grocery Retailers by Channel: % Value Growth 2018-2023, Forecast Modern Grocery Retailers Outlets by Channel: Units 2018-2023, Forecast Modern Grocery Retailers Outlets by Channel: % Unit Growth 2018-2023, Traditional Grocery Retailers: Value Sales, Outlets and Selling Space 2013-2018, Traditional Grocery Retailers: Value Sales, Outlets and Selling Space: % Growth 2013-2018, Traditional Grocery Retailers GBO Company Shares: % Value 2014-2018, Traditional Grocery Retailers GBN Brand Shares: % Value 2015-2018, Traditional Grocery Retailers LBN Brand Shares: Outlets 2015-2018, Traditional Grocery Retailers LBN Brand Shares: Selling Space 2015-2018, Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space 2018-2023, Traditional Grocery Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2018-2023, Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space 2013-2018, Apparel And Footwear Specialist Retailers: Value Sales, Outlets and Selling Space: % Growth 2013-2018, Apparel And Footwear Specialist Retailers GBO Company Shares: % Value 2014-2018, Apparel And Footwear Specialist Retailers GBN Brand Shares: % Value 2015-2018, Apparel And Footwear Specialist Retailers LBN Brand Shares: Outlets 2015-2018, Apparel And Footwear Specialist Retailers LBN Brand Shares: Selling Space 2015-2018, Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space 2018-2023, Apparel And Footwear Specialist Retailers Forecasts: Value Sales, Outlets and Selling Space: % Growth 2018-2023, Clothing and footwear specialist retailers, Electronics and appliance specialist retailers, Leisure and personal goods specialist retailers, The New Normal: Identifying the Markets Most Primed for Sustained E-Commerce Growth, The Impact of Coronavirus on Customer Experience: Lifestyle Brands vs Customer Journey, Digital Consumer Survey 2020: Key Insights, How E-Commerce is Transforming B2B Sectors, How Machine-Aided Commerce Ushered in by the IoT Era Will Impact Retailers, Update on Our Top 10 Global Consumer Trends for 2017: Post-Purchase, Update on Our Top 10 Global Consumer Trends for 2017: Faster Shopping, 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Introducing enhanced country reports featuring interactive datagraphics, charts and analysis. pace over the next five years, as the country becomes the world’s fastest in the growth of the retail sector. The Express Tribune reports that much of the investment in the retail market has been made in Punjab, and more specifically in Lahore. The retailing Industry of Pakistan, with a population of 207 million is constantly changing the life of a common man as a result of growing consumerism in the country. Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections. expansion at nearly five per cent have also been important contributory factors GB: 239-2559-40 Registered in England No. Inform your marketing, brand, strategy and market development, sales and supply functions. Retailing in Pakistan was on a constant growth trajectory in the review period. Competitors: Due to cultural barriers and lack of awareness tampons remained a niche in Pakistan as the retail growth in 2019 was moderate. Islamabad, Pakistan. Files are delivered directly into your account within a few minutes of purchase. The menswear segment was the industry's most lucrative in 2018, with total revenues of $4.6bn, equivalent to 50.4% of the industry's overall value. [FMCG Retail Industry of Pakistan]. When you purchase this report, you also get the data and the content from these category reports in Pakistan for free: The Retailing in Pakistan market research report includes: Our market research reports answer questions such as: This industry report originates from Passport, our Retailing market research database. The Pakistani apparel retail industry had total revenues of $9.1bn in 2018, representing a compound annual growth rate (CAGR) of 5.9% between 2014 and 2018. Vishal Purohit, Mar 28 2019, 21 ... ubiquitous and market’s hopeful that SMB retailers shall accelerate the adoption of cloud usage to over 90% by end of 2019. © 2020 Euromonitor is privately owned & trademarked. encouraging the rise of the retail market. However, internet retailers in the country are struggling with cash flow challenges, limited funds transfer facilities and margin pressures, which have prevented them from establishing a firm competitive edge in terms of low prices compared with modern physical retailers, which enjoy economies of scale and hence offer great value. Track key industry trends, opportunities and threats. The economy slowed last year, with real GDP growth declining to 1.9 percent in Q3 from 3.1 percent in Q1. Increasing connectivity and the rapid penetration of smartphones in the country has encouraged consumers to try internet retailing for the convenience and variety it offers. Pakistan consumer goods and retail service offers analysis, data and forecasts from The EIU to support industry executives' decision-making The combination of shopping possibilities, eating opportunities, family entertainment, easy parking, central air-conditioning and conducive environments have proved irresistible to urban Pakistani families. Pakistan’s telecom sector has witnessed impressive growth in the past five years. So, here are a few retail trends to watch out for in 2019: Sustainability is of prime importance The subject of sustainability is a crucial trend in most all industries nowadays, as we don’t have a lot of time to collectively change our ways and adopt a more environmentally-friendly lifestyle. The menswear segment was the industry's most lucrative in 2018, with total revenues of $4.6bn, equivalent to 50.4% of the industry's overall value. two-thirds of the population, amounting to around 135 million people, consists The number of mobile subscribers rose to 152 million in 2018 from114 million mobile subscribers in 2014. Ranked as the number one western wear brand in Pakistan, one of the most successful examples of the fashion retail industry is Outfitters. driven by the country’s huge youth bulge. Retail Outlets: The important types of The Future Of Indian Retail Industry In 2019. Packages Ltd maintained its strong lead in retail tissue in Pakistan in 2019. Tel: 051-8355600 Fax: 051-2600254-5. or by email to bids.pk@undp.org no later than 10 th Jul 2019 at 1230 hrs. Discover the latest market trends and uncover sources of future market growth for the Retailing industry in Pakistan with research from Euromonitor's team of in-country analysts. Error Can not Get Tweets, Incorrect account info. Pakistan Automobile Industry. The Express Tribune, Kim Culley, a Britain-based retail expert feels that their businesses into major brands now enjoy loyal customer support, further “Pakistan is 50 years ahead of India if we compare both countries in The retail industry should be prepared for changing economic conditions in the coming year. The influx of foreign players has greatly contributed to the growth of several retail channels, including modern grocery retailers, non-grocery specialists (especially health and beauty and apparel and footwear specialist retailers), and internet retailing. Digitisation of retail industry. A Message by CEO Pak Retailers Mr. Shahzad Najam, Identifying and Understanding Consumers in Retailing, Exploring the Retailer`s Perspective: Interview 04, Exploring the Retailer`s Perspective: Interview 03, Company to Retailer Relationship in Pakistan, دکان دار کے مسائل : ٹریڈ میٹریل کا نہ ہونا, دکان دار کے مسائل: پروڈکٹ کی قلت پیدا ہونا. Whether you are pursuing a career in the private or government sector, you can find the latest Retail … The grocery retail sector in Pakistan has gone through a tremendous change in the last few years with new retail outlets opening across the country and the introduction of new retail … In addition, an improvement in the Euromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals. security environment, better infrastructure, transport and auxiliary facilities Changing consumer preferences, in terms of less frequent but bigger planned visits to modern grocery retailers, as opposed to frequent quick visits to neighbourhood stores, is supporting the growth of modern grocery retailers in the country. Gain competitive intelligence about market leaders, Track key industry trends, opportunities and threats, Inform your marketing, brand, strategy and market development, sales and supply functions. There has been a massive growth of 130 per cent in private consumption in the five years (2007-12), even though the GDP growth rate during this period was sluggish. Request a complimentary demonstration of our award-winning market research today. There are approximately 2 million retail outlets in the country. FMCG Retail Industry of Pakistan at a Glance. What is the retailing environment like in Pakistan? The country’s telecom sector contributed $4.42 billion to national kitty in past three years (July 2014 to June 2017). In contrast women favored towels which is due to consumers being price conscious. Delivery: Files are delivered directly into your account within a few minutes of purchase. The kind of these ventures assumes a vital job inside the expansive scale producing parts in stirring financial development. The total retail spending in Pakistan was forecasted at 210 billion U.S. dollars for 2018. in major cities of the country, relatively cheap consumer prices and economic It further stated that the bulk of this growth is being Pakistan is an emerging market where the size of the retail market is estimated around $42 billion, growing faster than the economy at a rate of 5.3%. According to statistics from the Pakistan Bureau of Statistics for the years 2015-16, the retail sector is worth $32.89 Billion, which represents around 18.6% of GDP. How big is the grocery/non-grocery/non-store channel in Pakistan? Out of these retail outlets, nearly 800,000 outlets represent FMCG channels including ‘kiryana’ stores, ‘pan’ shops (kiosks selling betel leaves and cigarettes), department stores, medical-cum-general stores and the like. While towels lead the sanitary market, tampons are also popular I urban areas where largely foreigners and educated women use them. opens a window of opportunity for the retail industry, and conse quentl y, countl ess e commer ce co mpanie s hav e sprung up in hope of making a mark in this sector. Pakistan’s economic planners need to understand that the fruits of the rapid growth being practiced by Pakistan retail market are reaped by a large section of the population. Established back in 2003 by Kamran Khurshid with a vision to revamp the fashion industry and fill the gap in urban apparel in Pakistan, Outfitters now enjoys one of the most envious top positions in the nation. Value addition Kinds of Pakistani Retail Outlets: The important types of Pakistani Retail outlets include: Departmental Stores; Discount Stores; Supermarkets; Warehouse Stores; Kiryana Stores; Specialty Stores; Convenience Stores; E-Retailers; FMCG Retail Industry of Pakistan Get the latest trends and understand the impact of the crisis on the market. Retailing is a process of distribution which involves all the activities of selling the merchandise directly to the final consumer for their personal or family use. Search industry reports, statistics & slideshows. Which channels are winning or losing in the fight for consumers’ money? Access new updated reports and statistics for the Retail Industry in Pakistan. The reason behind this progress is the increasing middle class. Who are the leading retailers in Pakistan? This will ensure that economic growth and development in Pakistan is more rapid, long-term and equitable. infrastructural developments.”. Retail Sales CAGR, in %, by Selected Fast-Growing Markets Worldwide, incl. Euromonitor International is the leading provider of strategic market research reports. Pakistan possesses a famous place among the vehicle and Rental cars creating nations Pakistan’s car industry is one of the most seasoned in the Asian nations. Socioeconomic factors such as rapid urbanisation and the growing middle-income group drove consumer spending. Rozee is your ultimate online destination for Retail jobs in Pakistan. ... Apparel and Footwear Specialist Retailers in Pakistan $ 990 March 2019. rich dividends for the retail sector. Pakistan is a rising business sector for car and unified ventures. In 2018-2019, Pakistan’s largest export industry was the textile industry, with hosiery and readymade garments contributing 544 billion PKR/3.47 billion USD to total trade. Pakistan, 2016-2021f Internet Users, in Selected Countries in Asia, incl. The growth in internet retailing in the country has led the government to improve its regulation of this channel. Subscribe to our content! Kindly write the following on top left side of the envelop or email subject line “UNDP-IC-2019-264- Individual Consultant: Retail Industry Trainings The Pakistani apparel retail industry had total revenues of $9.1bn in 2018, representing a compound annual growth rate (CAGR) of 5.9% between 2014 and 2018. Often people view retailing as a means of selling a product available in stores but it also involves the selling of services such as stay in a hotel, a DVD rental or a food delivery. Pakistan, in millions, 2017 This equals to about 1.7 thousand U.S. dollars per capita. There is also a concept of non-store (online) retailing store in Pakistan which includes exciting sales of home and bedding essentials and other items on daraz.pk or ordering food online through foodpanda etc. Pakistani Retail outlets include: To conclude, the rapid growth of the FMCG retail sector largely shows the positive areas of the advancement of the Pakistani economy. The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries. From the murky waters of price wars and survival threats, the Indian retail industry had been plagued by several other things as well over the last few years. 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