World's biggest emerging markets for retail sector
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Global retail is finally growing into its name and becoming "global". While the largest developing markets continue to attract most leading retailers, a handful of smaller untapped countries are getting a second look, says A.T. Kearney, a global management consulting firm.
Let's take a look at some of the biggest emerging markets for the retail sector.
Source: atkearney.com
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Image: A shopper leaves a Tesco store in Loughborough, central England.
Photographs: Darren Staples/Reuters
World's biggest emerging markets for retail sector
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Brazil
Region: Latin America
Global rank: 1
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Image: A view of Refice in northeast Brazil.
Photographs: Bruno Domingos/Reuters
World's biggest emerging markets for retail sector
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Chile
Region: Latin America
Global rank: 2
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Image: A view of Santiago City.
Photographs: Victor Ruiz Caballero/Reuters
World's biggest emerging markets for retail sector
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China
Region: Asia
Global rank: 3
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Image: A view of downtown Shanghai.
Photographs: Aly Song/Reuters
World's biggest emerging markets for retail sector
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Uruguay
Region: Latin America
Global rank: 4
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Image: Residents enjoy the weather at Montevideo's waterfront.
Photographs: Andres Stapff/Reuters
World's biggest emerging markets for retail sector
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India
Region: Asia
Global rank: 5
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Image: Shoppers leave a retail store inside a mall in Mumbai.
Photographs: Danish Siddiqui/Reuters
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Georgia
Region: Central Asia
Global rank: 6
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Image: People enjoy the view from a foot bridge in the historical part of Tbilisi.
Photographs: David Mdzinarishvili/Reuters
World's biggest emerging markets for retail sector
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United Arab Emirates
Region: Middle East and North Africa
Global rank: 7
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Image: A view of Sheikh Zayed Road in Dubai.
Photographs: Jumana El-Heloueh/Reuters
World's biggest emerging markets for retail sector
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Oman
Region: Middle East and North Africa
Global rank: 8
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Image: Hats are displayed on a wall in Mattrah Souq, the oldest market in Oman, in the capital Muscat.
Photographs: Ahmed Jadallah/Reuters
World's biggest emerging markets for retail sector
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Mongolia
Region: Asia
Global rank: 9
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Image: Mongolians perform a traditional ritual in Arvaikheer, 400km west of Ulan Bator.
Photographs: Nir Elias/Reuters
World's biggest emerging markets for retail sector
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Peru
Region: Latin America
Global rank: 10
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Image: San Francisco Monastery in Lima's downtown.
Photographs: Enrique Castro-Mendivil/Reuters
World's biggest emerging markets for retail sector
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Malaysia
Region: Asia
Global rank: 11
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Image: A view of KLCC Park in central Kuala Lumpur.
Photographs: Weiyang Sim/Reuters
World's biggest emerging markets for retail sector
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Kuwait
Region: Middle East and North Africa
Global rank: 12
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Image: Vehicles travel on the First Ring Road in Kuwait City.
Photographs: Stephanie McGehee/Reuters
World's biggest emerging markets for retail sector
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Turkey
Region: Eastern Europe
Global rank: 13
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Image: A view of Istanbul's financial district.
Photographs: Murad Sezer/Reuters
World's biggest emerging markets for retail sector
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Saudi Arabia
Region: Middle East and North Africa
Global rank: 14
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Image: Kingdom Tower in the Saudi Arabian capital Riyadh.
Photographs: Ali Jarekji/Reuters
World's biggest emerging markets for retail sector
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Sri Lanka
Region: Asia
Global rank: 15
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Image: A tourist at Sri Lanka's Independence Square in Colombo.
Photographs: Dinuka Liyanawatte/Reuters
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Indonesia
Region: Asia
Global rank: 16
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Image: A shopping mall in Jakarta.
Photographs: Enny Nuraheni/Reuters
World's biggest emerging markets for retail sector
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Azerbaijan
Region: Central Asia
Global rank: 17
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Image: A view of central Baku.
Photographs: David Mdzinarishvili/Reuters
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Jordan
Region: Middle East and North Africa
Global rank: 18
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Image: A tourist looks towards a mountain while sitting at the Amman Citadel.
Photographs: Muhammad Hamed/Reuters
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Kazakhstan
Region: Central Asia
Global rank: 19
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Image: Traffic moves past Esentai Tower along Al Farabi Avenue in Almaty.
Photographs: Shamil Zhumatov/Reuters
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Botswana
Region: Sub-Saharan Africa
Global rank: 20
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Image: Foreign tourists in safari riverboats observe elephants along the Chobe river bank near Botswana's northern border.
Photographs: Peter Apps/Reuters
World's biggest emerging markets for retail sector
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Macedonia
Region: Eastern Europe
Global rank: 21
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Image: A woman walks near trees illuminated with Christmas lights in Skopje.
Photographs: Ognen Teofilovski/Reuters
World's biggest emerging markets for retail sector
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Lebanon
Region: Middle East and North Africa
Global rank: 22
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Image: People look down at a crypt museum at Saint George Orthodox Cathedral in Beirut.
Photographs: Mohamed Azakir/Reuters
World's biggest emerging markets for retail sector
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Colombia
Region: Latin America
Global rank: 23
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Image: A couple chat as they drink coffee at Juan Valdes cafe in Bogota.
Photographs: Fredy Builes/Reuters
World's biggest emerging markets for retail sector
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Panama
Region: Latin America
Global rank: 24
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Image: A view of the centre of Panama City.
Photographs: Henry Romero/Reuters
World's biggest emerging markets for retail sector
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Albania
Region: Eastern Europe
Global rank: 25
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Image: People walk after snowfall in the city of Bulqize, 140km miles north of capital Tirana.
Photographs: Stringer/Reuters
World's biggest emerging markets for retail sector
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Russia
Region: Eastern Europe
Global rank: 26
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Image: A view of business district in Moscow.
Photographs: Denis Sinyakov/Reuters
World's biggest emerging markets for retail sector
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Morocco
Region: Middle East and North Africa
Global rank: 27
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Image: A view of Marrakesh's Jemma El-Fnaa square.
Photographs: Abderrahmane Mokhtari/Reuters
World's biggest emerging markets for retail sector
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Mexico
Region: Latin America
Global rank: 28
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Image: Ice skaters on a skating rink in Mexico City's Zocalo Square.
Photographs: Edgard Garrido/Reuters
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