Direct selling is coming under intense pressure from other non-store retailers, which is hampering its growth. Current value growth reached 12% in 2015, compared with the CAGR of 15% observed during the review period. Also, the strong growth of store-based retailers, as they continue to expand geographically, has made it more convenient for customers to purchase products in stores, whether it is food and drinks or beauty and personal care products. Direct selling operators, however, are ... Read more
Increasing investments into the IT sector in Middle East & Africa (MEA) is resulting in growth in demand for UPS systems in the region. Saudi Arabia and UAE dominate the region’s UPS market on account of increasing requirement for continuous power supply, so as to avoid huge productivity losses in diverse end-use segments. Less than 5kVA UPS segment is projected ... Read more
Saudi Arabia’s stable economy and a large young population base are driving the sales in the Confectionery market. The market is led by Chocolate category while the Gum category is forecast to register fastest growth during 2015-2020. Flexible packaging is the most commonly used packaging material in the market.
