Kuwait

Tobacco remains under pressure in 2022, despite the pandemic coming to an end. Cigarettes continues to see volume decline, while cigars and cigarillos have returned to growth after witnessing decline in 2021. The outbreak of COVID-19 in 2020…

Snacks remain popular in Kuwait seeing healthy growth in 2022 and 2023. Sales are being supported by the expansion of modern grocery retailers and the rise of e-commerce which is improving access to a range of snacks. Despite this, the country’s high…

In 2022, there is hardly any consumption changes within staple foods due to the essential disposition of all categories within the industry. However, some products are seeing a stronger performance due to the COVID-19 pandemic and its subsequent…

The sale and consumption of alcoholic drinks are illegal in Kuwait and, therefore, 100% of sales generated in Kuwait’s alcoholic drinks industry comes from non alcoholic beer. The category saw an upturn in its performance in 2022 as it witnessed some…

Positive growth was seen in retail in 2022 as shopping in malls remained a popular pastime among Kuwaitis. However, e-commerce boomed during the year as investment in tech start-ups brought more convenience to consumers. Kuwait’s population is young,…

In 2022, tissue and hygiene continues to benefit from the raised awareness of hygiene since the outbreak of the COVID-19 pandemic. Likewise, the industry is now benefiting from the easement of COVID-19-related restrictions. Despite Kuwait’s ongoing…

The harsh climatic conditions in Kuwait with extreme heat, rising pollution and large amounts of dust continue to play a key role in driving demand across key OTC categories, in particular analgesics and cough, cold and allergy (hay fever) remedies.…

As an affluent country largely populated by people with cultural and religious imperatives to adhere to strict hygiene practices, Kuwait offers huge opportunities for home care brands. However, sales are under pressure due to the recent departure of…

In 2022, hot drinks is finally seeing the end of the COVID-19 pandemic, which is having a positive impact on both the off- and on-trade. However, the on-trade in particular is performing well and seeing a strong recovery. given that the economy has…

In 2023, dairy consumption remains high despite the many negative factors that are currently impacting the industry, such as inflation and Kuwaitisation, which has resulted in decreased population. Nonetheless, due to the industry’s essential nature,…

Affluent groups are attracted by premium products while low-income expatriates prefer lower-priced offerings. In 2022, most products had fully recovered from the COVID-19 pandemic and benefited from a rising health and wellness trend, largely fuelled…

Kuwait’s hot climate, fast pace of life and unpotable drinking water present strong opportunities for soft drink sales. However, rising concern over the country’s obesity and diabetes epidemic and the imminent imposition of a 50% excise tax on sugary…

Kuwait’s economy performed very well in 2022 as daily life returned to pre-pandemic norms. Within this context, demand for cooking ingredients and meals remains high among the country’s affluent and sophisticated population, despite growing concern…

Government paralysis is a common feature of Kuwait’s political scene and creates instability, but a low tax burden is a boon for businesses and consumers. Higher oil prices will support economic momentum in the short term, but reliance on oil makes…

The number of households is set to increase moderately in Kuwait over 2022-2027, with couples with children remaining the dominant household type. In 2022 household spending was affected by inflation, which stood at 4.1% elevating living costs. The…

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which…

This report assesses the business environment in Kuwait, focusing on the regulatory environment, stability of the financial system, FDI intake, labour market flexibility and skillset, trade openness, mobility infrastructure, ICT adoption and…

The commodities country overview provides comprehensive data on production, consumption and price trends in key commodities markets. The commodities overview in Kuwait covers production and consumption trends in agricultural commodities, energy…

The report examines the economic landscape of Kuwait and provides information on major monetary indicators, foreign trade, investments and government finance. The economy in Kuwait expanded in real terms in 2022, driven by increasing public and…

Population expansion in Kuwait will be driven by positive natural increase and net migration up to 2040. Foreign citizens will continue to account for the majority of the population due to the country’s historic and continuing reliance on foreign…