RETAILERS
- Retail sales are on the rise and are expected to continue to rise due to the expanding and increasingly young population, a more economically stable middle class, booming tourism, and the exciting entrance of women into the workforce.
- Egypt is the largest market in the Arab regions.
- Retail sales accounted for 40.3% of GDP and 11.4% of the workforce in 2009.
- Value-added services, quality products, and international brads are increasingly popular.
- Pharmaceuticals, consumer electronics, and automotive purchases are expected to sky-rocket.
- The top 5 grocery retailers in Egypt only cater to 1.8% of the total market, leaving a huge opportunity for anyone willing to take it.
- Egypt is ranked 2nd in terms of low market saturation.
- Cheap, skilled workers in Egypt will help make start-up businesses profitable.
- Hypermarkets cater to the lower and middle classes as they offer food products at outrageously discounted prices.
Leading Retail Companies:
Americana Group
Carrefour
CityStars
Hertz
HyperOne
Radio Shack
Spinney's
FRANCHISING
- It is becoming extremely popular to open a franchise in Egypt of a foreign business, particularly in the food industry.
- Right now, the food franchise market is valued at about US$300 million.
- Franchising has helped local agriculture as many of these food giants are using local products to create their end result.
- Food sanitation is improving as the franchisee imposes strict regulations.
Popular Franchises Now Found in Egypt:
-Chili's
-Hard Rock Cafe
-Little Caesars Pizza
-McDonalds
-Baskin Robbins
Invest in Egypt