World's biggest emerging markets for retail sector

Image: A shopper leaves a Tesco store in Loughborough, central England.
Photographs: Darren Staples/Reuters

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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World's biggest emerging markets for retail sector

Image: A view of Refice in northeast Brazil.
Photographs: Bruno Domingos/Reuters

Brazil

Region: Latin America

Global rank: 1

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Tags: Latin America Global , Brazil

World's biggest emerging markets for retail sector

Image: A view of Santiago City.
Photographs: Victor Ruiz Caballero/Reuters

Chile

Region: Latin America

Global rank: 2

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World's biggest emerging markets for retail sector

Image: A view of downtown Shanghai.
Photographs: Aly Song/Reuters

China

Region: Asia

Global rank: 3

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World's biggest emerging markets for retail sector

Image: Residents enjoy the weather at Montevideo's waterfront.
Photographs: Andres Stapff/Reuters

Uruguay

Region: Latin America

Global rank: 4

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Tags: Latin America Global , Uruguay

World's biggest emerging markets for retail sector

Image: Shoppers leave a retail store inside a mall in Mumbai.
Photographs: Danish Siddiqui/Reuters

India

Region: Asia

Global rank: 5

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World's biggest emerging markets for retail sector

Image: People enjoy the view from a foot bridge in the historical part of Tbilisi.
Photographs: David Mdzinarishvili/Reuters

Georgia

Region: Central Asia

Global rank: 6

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World's biggest emerging markets for retail sector

Image: A view of Sheikh Zayed Road in Dubai.
Photographs: Jumana El-Heloueh/Reuters

United Arab Emirates

Region: Middle East and North Africa

Global rank: 7

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Tags: United Arab Emirates Region , North Africa , Middle East

World's biggest emerging markets for retail sector

Image: Hats are displayed on a wall in Mattrah Souq, the oldest market in Oman, in the capital Muscat.
Photographs: Ahmed Jadallah/Reuters

Oman

Region: Middle East and North Africa

Global rank: 8

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Tags: , North Africa , Middle East

World's biggest emerging markets for retail sector

Image: Mongolians perform a traditional ritual in Arvaikheer, 400km west of Ulan Bator.
Photographs: Nir Elias/Reuters

Mongolia

Region: Asia

Global rank: 9

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World's biggest emerging markets for retail sector

Image: San Francisco Monastery in Lima's downtown.
Photographs: Enrique Castro-Mendivil/Reuters

Peru

Region: Latin America

Global rank: 10

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World's biggest emerging markets for retail sector

Image: A view of KLCC Park in central Kuala Lumpur.
Photographs: Weiyang Sim/Reuters

Malaysia

Region: Asia

Global rank: 11

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World's biggest emerging markets for retail sector

Image: Vehicles travel on the First Ring Road in Kuwait City.
Photographs: Stephanie McGehee/Reuters

Kuwait

Region: Middle East and North Africa

Global rank: 12

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Tags: North Africa Global , Middle East , Kuwait

World's biggest emerging markets for retail sector

Image: A view of Istanbul's financial district.
Photographs: Murad Sezer/Reuters

Turkey

Region: Eastern Europe

Global rank: 13

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Tags: Eastern Europe Global , Turkey

World's biggest emerging markets for retail sector

Image: Kingdom Tower in the Saudi Arabian capital Riyadh.
Photographs: Ali Jarekji/Reuters

Saudi Arabia

Region: Middle East and North Africa

Global rank: 14

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Tags: , Saudi Arabia , North Africa , Middle East

World's biggest emerging markets for retail sector

Image: A tourist at Sri Lanka's Independence Square in Colombo.
Photographs: Dinuka Liyanawatte/Reuters

Sri Lanka

Region: Asia

Global rank: 15

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World's biggest emerging markets for retail sector

Image: A shopping mall in Jakarta.
Photographs: Enny Nuraheni/Reuters

Indonesia

Region: Asia

Global rank: 16

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Tags: , Indonesia

World's biggest emerging markets for retail sector

Image: A view of central Baku.
Photographs: David Mdzinarishvili/Reuters

Azerbaijan

Region: Central Asia

Global rank: 17

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World's biggest emerging markets for retail sector

Image: A tourist looks towards a mountain while sitting at the Amman Citadel.
Photographs: Muhammad Hamed/Reuters

Jordan

Region: Middle East and North Africa

Global rank: 18

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Tags: , North Africa , Middle East , Jordan

World's biggest emerging markets for retail sector

Image: Traffic moves past Esentai Tower along Al Farabi Avenue in Almaty.
Photographs: Shamil Zhumatov/Reuters

Kazakhstan

Region: Central Asia

Global rank: 19

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Tags: , Kazakhstan

World's biggest emerging markets for retail sector

Image: Foreign tourists in safari riverboats observe elephants along the Chobe river bank near Botswana's northern border.
Photographs: Peter Apps/Reuters

Botswana

Region: Sub-Saharan Africa

Global rank: 20

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Tags: Sub-Saharan Africa Global , Botswana