In September 2021, we published the Kenya Retail Report 2021 themed "Rapid Expansion by Retailers to Cushion the Retail Sector," which highlighted that the Kenyan retail sector performance recorded a 0.1% increase in the average rental yield to 6.8%, from 6.7% in 2020. The average occupancy rate and rent also increased by 1.8%
READ MOREMarket research on consumer products, commercial industries, demographics trends and consumer lifestyles in Kenya. Includes comprehensive data and analysis, tables and charts, with five-year forecasts.
READ MOREThe Most Lucrative Investment Opportunities in 2022. 1. Drop in Demand. There was a shift in demand towards the end of 2021 from rental to sale in specific property types and locations. Above, we see demand trend lines for the last 13 weeks of 2021 in the rent vs sale category. Sale leads dropped at a lower rate of 3% to level up with rental
READ MOREECONOMIC SURVEY Economic Survey, 2021 2021 Kenya National Bureau of Statistics Real Towers, Upper Hill along Hospital Road P.O Box 30266-00100 Nairobi
READ MOREMobile-First Strategy. Mobile devices have become an integral part of Kenyan lives, offering a gateway to the online world. According to a recent study by the Communications Authority of Kenya
READ MOREJanuary 24, 2023. 6:20 am. One Comment. As the Nairobi real estate market evolves, it is extremely important to stay current on the latest trends. The following are the top trends to look out for in Nairobi''s real estate market in 2023: Increased demand for low-cost housing. Many buyers are looking for more affordable housing options as the
READ MORE2.1 ICT Growth Trends . An evaluation of the pre-pandemic Kenyan ICT sector reveals a relatively robust industry. Its average annual growth rate was 10.8% from 2016-2019, standing at a
READ MOREHighlights. The Commercial Real Estate market market in Kenya is projected to reach a value of KES US$79.04bn by 2024. It is expected to exhibit an annual growth rate of
READ MOREThe Kenyan shilling experiences a significant decline. CBK (Central Bank of Kenya) lending rate hits a 10-year high. approximately 2.6% in 2023, down from 3.0% in the previous
READ MOREThe Cosmetics market in Kenya is projected to grow by 8.98% (2024-2028) resulting in a market volume of US$423.10m in 2028.
READ MOREAverage apartment prices in Nairobi 2016. Rental prices per square foot for warehouses in Kenya 2013-2017. Value added by the real estate sector to the GDP in Kenya 2018-2022. GDP growth rate from
READ MOREKenya''s Real Estate and construction contribution to GDP came in at 15.9% in at 2021, a 0.4% points decline from 16.3% in 2020 attributed to the effects of the tough economic
READ MOREThe global bottled water market size was estimated at USD 303.95 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. Increasing concerns regarding various health problems such as gastrointestinal diseases caused by the consumption of contaminated water are leading to increased demand for
READ MOREThe Real Estate market in Kenya is projected to grow by 3.84% (2024-2028) resulting in a market volume of US$811.40bn in 2028.
READ MORE4 · 17 June, 2024 / Articles. For the past two decades, the Kenyan real estate market has grown exponentially as evidenced by its contribution to the country''s GDP which grew from 10.5% in 2000 to 12.6% in 2012 and 13.8% in 2016. The growth is driven by; Infrastructural developments such as improved roads, utility connections, upgrade of key
READ MOREIn 2024, the Beauty & Personal Care market in Kenya generated a revenue of KES US$2.30bn. This market is projected to experience an annual growth rate of 6.78% (CAGR 2024-2028). The largest
READ MOREOur updated analysis for 2023 shows that the four industries likely to see the earliest economic impact from quantum computing—automotive, chemicals, financial services, and life sciences—stand to potentially gain up to $1.3 trillion in value by 2035. By carefully assessing the evolving landscape and considering a balanced approach
READ MORENairobi 2022. Statista Global Business Cities Report. The Statista Global Business Cities Report ranks the most important business cities from around the world based on the most relevant data for
READ MOREKenya''s real estate market has been thriving over the years, and the outlook for 2024 looks exceptionally bright. With the nation''s rapid urbanization, evolving consumer preferences,
READ MOREUltimately, the Nairobi real estate market is expected to grow further in 2023, with a focus on affordable housing, technology, and sustainability. Whether you''re a
READ MOREMarket Research on Nairobi - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail having 36.00 pages and priced at USD 250.00 launched by MarketResearchReports social, and industry trends. Scope - The
READ MOREInfrastructure improvements such as the Nairobi Expressway, utility connections, and airport upgrades; stable GDP growth of 5.4 percent over the last five years, compared to a Sub-Saharan average
READ MORELPG & C5 Market Growth Trends Analysis 2020-2025. Nairobi Stock Exchange March 5, 2021 Curated Content. The LPG & C5 market business intelligence report complies the key trends across the competitive and
READ MOREThe Retailing in Kenya report includes: Analysis of key supply-side and demand trends. Detailed segmentation of international and local products. Historic volume and value sizes, company and brand market shares. Five year forecasts of market trends and market growth. Robust and transparent research methodology, conducted in-country.
READ MORENairobi in Kenya helps to evaluate potential market size by city and formulate a more informed image of the urban consumer. Key economic indicators combined with income,
READ MOREApartments took up 55.6% of sales in 2018, sharply up from just 23.5% in 2001. Semi-detached houses accounted for 29.2% of sales in 2018 while detached houses accounted for about 15.2% of the market, a significant change from 2001, when semi-detached houses made up around 25% of sales and detached houses more than half.
READ MOREThe Coffee in Kenya report includes: Analysis of key supply-side and demand trends. Detailed segmentation of international and local products. Historic volume and value sizes, company and brand market shares. Five year forecasts of market trends and market growth. Robust and transparent research methodology, conducted in-country.
READ MOREKey Points. Total global beauty industry spending in 2020 was $483 billion, and the annual total is expected to top $716 billion by 2025. Historically, the lion''s share of beauty products have been purchased in brick-and-mortar stores, but that''s changing rapidly, with online sales projected to make up 48% of the total by 2023.
READ MOREIn Nairobi, Kenya, renting a one bedroom apartment in the city center cost almost as much as a three bedroom apartment outside the city center in June 2023. A three bedroom apartment cost 413 U.S
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