The number of households is set to increase rapidly in Bahrain over 2021-2040, with single person becoming the dominant household type. While household earnings will reach pre-pandemic levels by 2023, the fastest household expenditure growth is set to be recorded by the other (extended) type of household. As the urbanisation has already peaked in Bahrain, its growth is set to slow down over the forecast period.
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The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.
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Households: Global shifts in gender, ageing, migration and housing are transforming the size, location, general make-up as well as income and expenditure of households around the globe, with diverse implications for governments and companies. Households insights can help identify the decision-making processes and consumption tastes of different household groups and types within a country, and assess household appliance and digital readiness that is key for formulating market technology and internet strategies.
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