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03 Jul 2025  |  Global  |  Market Research
The Rise of the Global Halal Economy, 2030 Trends and Growth Opportunities
Halal Economy to Grow to $9.5–$10.5 Trillion by 2030
The halal economy is on the cusp of transforming from a niche to an emerging sector. Encompassing halal foods, modest fashion, halal tourism, and more, the halal economy is being driven by a combination of factors, including government policy support, halal-consciousness amongst consumers, and halal integration by mainstream brands. As a result, th...
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17 Aug 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
Solar PV Dominating Investment Opportunities in Renewable Sector Across the Middle East, 2020–2025
Opportunities Abound for Renewable Companies with Possible RE Capacity Addition of More Than 57.0 GW on the Radar
Sustainable development is the theme gaining unparalleled levels of attention and importance across the globe. The Middle East hosts top oil exporters in the world along with some of the top carbon emitters. The onus to reduce greenhouse gases (GHG) has fallen on the region and, therefore, the countries in the region have ambitious targets to promo...
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13 Jul 2021  |  South Asia, Middle East & North Africa  |  Market Research
GCC Light Vehicle Aftermarket Outlook, 2021
Innovative Business Models Propels Future Growth Potential
In 2020, the Gulf Cooperation Council (GCC) region faced significant challenges due to the COVID-19 pandemic and oil price crash. Gross domestic product (GDP) in GCC nations contracted by 5%–10% in 2020. The GCC population dropped by 3%–5% due to expatriate exodus. Every industry and sector faced multiple disruptions. The GCC light vehicle aftermar...
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29 Jul 2022  |  Global  |  Economic and Databases
Global Halal Economy Growth Opportunities
Growing Demand for Halal Products and Services Drives Domestic Production and Export Growth Strategies
From a $1.90 trillion market in 2015, the global halal economy will expand to an approximate $4.60 trillion economy by 2030 under a baseline scenario, potentially reaching $4.96 trillion under an optimistic scenario. Aside from Organization of Islamic Cooperation (OIC) member countries, growth opportunities will increasingly emerge across non-OIC m...
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26 Mar 2019  |  South Asia, Middle East & North Africa  |  Market Research
GCC Aluminum Castings Market, Forecast to 2022
Renewed Construction and Industrial Activity will Drive Market Growth
This research service analyzes the aluminum castings market in the Gulf Cooperation Council (GCC) region. The GCC market for aluminum castings is in its nascent stage, due to the absence of an established automotive industry. However, the demand for aluminum castings in this region will largely be driven by growth in end-user segments such as indus...
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09 Dec 2019  |  South Asia, Middle East & North Africa  |  Market Research
Strategic Analysis of the GCC Automotive Aftermarket, Forecast to 2025
Automotive Aftermarket Revenue to Grow at a CAGR of 6.7% between 2018 and 2025
This study covers Class 1-3 vehicles aftermarket in terms of value ($ million) across the Gulf Cooperation Council (GCC). The base year for the analysis is 2018 and the forecast period is 2019 to 2025. This research compiles findings from various reports published by Frost & Sullivan in the last two years. The study includes analyses of new vehicl...
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24 Dec 2019  |  South Asia, Middle East & North Africa  |  Market Research
GCC Road Freight Market, Forecast to 2025
Infrastructure Development and Economic Diversification Will Open Opportunities in the Road Freight Transportation Market
The Gulf Cooperation Council (GCC) countries are emerging as highly competitive countries in terms of road infrastructure and government initiatives to improve the same. The GCC countries have a large pipeline of road infrastructure development projects in the pipeline, boosting the sector. Emerging technologies like driverless trucks and platoonin...
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08 Apr 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
The KSA and the UAE’s Health & Wellness Food & Beverage Industry Outlook, 2020
Changing Consumption Habits of Consumers and the Way Forward
The study aims to analyse the emerging Health & Wellness (H&W) Food & Beverage (F&B) market in the Gulf Cooperation Council (GCC). The GCC consumer in general and consumers of the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE) consumers, in particular, are changing the way they consume food and the region has seen a slow but stead...
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30 Jul 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
GCC Waste Recycling and Circular Economy Markets Outlook, 2020
Saudi Arabia and the United Arab Emirates Drive Rapid Growth in the Region, Backed by High Waste Volumes, Government Initiatives and Low Recycling Rates
Municipal waste management has become a significant concern amongst the Gulf Cooperation Council (GCC) countries. The total municipal solid waste (MSW) generated in the region is expected to reach as high as 127.5 million megatonnes (MT) in 2020. The existing landfilling strategies in the GCC region will not suffice to handle such a high volume of ...
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05 Nov 2020  |  South Asia, Middle East & North Africa  |  Market Research
Transformative Trends Driving Economic Diversification in Saudi Arabia, 2025
COVID-19, Saudization, and Vision 2030 Present Future Growth Potential in Domestic Manufacturing
Kingdom of Saudi Arabia (KSA)s uniquely difficult position in 2020 stems from the joint impact of a crash in the oil prices and health crisis mitigation lockdowns that has brought its economy to a halt. How deep and far reaching can the consequences of such a combination of restraints be for the Kingdom? What opportunities will Saudization, Vision ...
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