Iraq Retail Industry Market And Competitive Landscape Of Carrefour, Ekur Market, Arbela Store, Al Rayyan, Teammart, Tamata, Store Express, Shopini, Waffir, Miswag, Amira Chain Stores & Alhafidh Group

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Jan. 27, 2025 (GLOBE NEWSWIRE) -- The "Iraq Retail Industry Market | Outlook, Revenue, Industry, Value, Analysis, Size, Growth, Companies, Trends, Share & Forecast: Market Forecast and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
During 2020-2023, Iraq's retail industry experienced significant growth, driven by the expansion of modern retail formats such as shopping malls, supermarkets and hypermarkets. Additionally, urbanization, infrastructure advancements, and the rise of a middle class with higher disposable incomes further accelerated this growth.

The increase in online shopping activity, particularly during the global COVID-19 pandemic, also played a pivotal role as restrictive measures limited traditional in-store shopping, prompting a shift toward e-commerce solutions. Post-pandemic economic recovery led to the increased investment in retail sector, resulting in the expansion of new supermarkets and hypermarkets in major urban hubs like Baghdad and Erbil.
Iraq's Retail Industry Market is projected to grow at a CAGR of 6.7% between 2024 and 2030. The market is set for sustained growth, largely driven by the rapid expansion of the e-commerce sector.

Currently, 75% of the Iraqi population has internet access, with 61.4% active on social media platforms, providing a strong foundation for the growth of e-commerce and digital marketing strategies within the retail space. Additionally, the increasing urban population has significantly boosted retail sector growth, with consumers gaining access to a wide variety of goods in consolidated shopping environments. Notable examples include Carrefour hypermarkets - Carrefour runs 4 hypermarkets and 1 supermarket in the Kurdistan region, contributing to the evolution of Iraq's retail landscape.

Report Scope:
Market Segmentation By Product

• The electronics and household appliances segment is expected to experience the fastest growth in Iraq's retail market, driven by increasing internet penetration, shifting consumer lifestyles, and growing demand for modern conveniences. Moreover, E-commerce platforms like Al Hafidh is solely dedicated to this segment.

Market Segmentation By Distribution Channel

• The online distribution channel is expected to grow the fastest in the Iraq retail market, driven by its ability to offer a wider range of products and the convenience of home delivery, which further attracts consumers and fuels rapid growth in this channel.

Key Attractiveness of the Report

• 10 Years Market Numbers
• Historical Data Starting from 2020 to 2023
• Forecast Data until 2030
• Key Performance Indicators Impacting the Market
• Major Upcoming Developments and Projects

Companies Profiled in the Iraq Retail Industry:

• Carrefour Group
• Ekur market
• Arbela Store
• Al Rayyan
• Teammart
• Tamata
• Store Express
• Shopini
• Waffir
• Miswag
• Amira Chain Stores
• Alhafidh Group

Key Topics Covered:
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Iraq Retail Industry Market Overview
3.1 Iraq Retail Industry Market Revenues (2020-2030F)
3.2 Iraq Retail Industry Market Industry Life Cycle
3.3 Iraq Retail Industry Market Porter's Five Forces
4. Iraq Retail Industry Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Iraq Retail Industry Market Trends & Evolution
6. Iraq Retail Industry Market Overview, By Product
6.1 Iraq Retail Industry Market Revenue Share, By Product, 2023 & 2030F
6.1.1 Iraq Retail Industry Market Revenues, By Food and Beverages (2020-2030F)
6.1.2 Iraq Retail Industry Market Revenues, By Personal and Household Care (2020-2030F)
6.1.3 Iraq Retail Industry Market Revenues, By Apparel, Footwear and Accessories (2020-2030F)
6.1.4 Iraq Retail Industry Market Revenues, By Furniture, Toys and Hobby (2020-2030F)
6.1.5 Iraq Retail Industry Market Revenues, By Electronic and Household Appliances (2020-2030F)
6.1.6 Iraq Retail Industry Market Revenues, By Others (2020-2030F)
7. Iraq Retail Industry Market Overview, By Distribution Channel
7.1 Iraq Retail Industry Market Revenue Share, By Distribution Channel, 2023 & 2030F
7.1.1 Iraq Retail Industry Market Revenues, By Supermarkets/Hypermarkets (2020-2030F)
7.1.2 Iraq Retail Industry Market Revenues, By Convenience Stores/Department Stores (2020-2030F)
7.1.3 Iraq Retail Industry Market Revenues, By Specialty Stores (2020-2030F)
7.1.4 Iraq Retail Industry Market Revenues, By Online (2020-2030F)
7.1.5 Iraq Retail Industry Market Revenues, By Others (2020-2030F)
8. Iraq Retail Industry Market Key Performance Indicator
9. Iraq Retail Industry Market Opportunity Assessment
9.1 Iraq Retail Industry Market Opportunity Assessment, By Product, 2030F
9.2 Iraq Retail Industry Market Opportunity Assessment, By Distribution Channel, 2030F
10. Iraq Retail Industry Market Competitive Landscape
10.1 Iraq Retail Industry Market Company Share/ Ranking, 2030F
10.2 Iraq Retail Industry Market Competitive Benchmarking, By Technical Parameters
10.3 Iraq Retail Industry Market Competitive Benchmarking, By Operating Parameters
11. Company Profiles

• Carrefour Group
• Ekur market
• Arbela Store
• Al Rayyan
• Teammart
• Tamata
• Store Express
• Shopini
• Waffir
• Miswag
• Amira Chain Stores
• Alhafidh Group

12. Key Strategic Recommendation
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