In overall GDP
adjusted for purchasing power parity, Egypt is actually the second largest
economy in Africa, only narrowly behind Nigeria.
Because of its far
greater income equality and economic maturity Egypt is, for now, the single
largest consumer class economic powerhouse in Africa.
The number of over
65s in Egypt will treble between 2015 and 2050 and form a sizeable target
market. Over the same period the 40-59 age group will double in size by 2050
while the number of consumers under 20 will actually change very little.
Egypt's urban
population will effectively double from 2015 to 2050, rising from 37.4m to
70.0m in 2050. Much of this urban growth is unplanned. For example, informal
areas represent 40% of the Greater Cairo built up area and 17% of its gross area,
accounting for nearly two thirds of the city's population.
More than 9 out of
10 households in Egypt have a refigerator: rising incomes and changes in the
retail landscape are ushering in a new wave of consumerism and product
adoption.
Key Topics
Covered:
1. Economic growth
and income
2. Changing
demographics and household structures
3. Urbanisation
and infrastructure
4. Household
assets and media uptake
5. The emerging
consumer class and the retail market
6. Key trends in
consumer lifestyles
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