May
Egypt has experienced a revival of local retailers, brands, and concept stores exclusively selling locally-made artisan goods. Throughout 2018, the local retailers market share increased by 15%, partly due to the increased hurdles put on importation of foreign goods and the increasingly unaffordable prices of high-street brands.
Local retailers and concept stores have performed exceptionally well compared to many high-street international brands, which has signified a market gap and opportunity for local businesses and investors considering the retail sector.
Consult our research and development experts to know more about successful retail concept design and the future of the local retail market in Egypt.