In general, safety and security product imports to the area have increased 10-15% annually for the past few years, with increases of up to 25-30+% in some countries, making the Middle East one of the most attractive markets for this industry in the world.
Member countries of the Gulf Co-operative Council (Bahrain, Oman, Qatar, Kuwait, Saudi Arabia and the United Arab Emirates) in particular are a burgeoning regional market with an estimated value of $10 billion for safety and security products according to US Department of Commerce. Countries here have solid funds to purchase the products they need.
Detektor will take a closer look at the structures and business opportunities in some of the Middle Eastern countries in their last issue of 2006.
30/08/2006
The Security Market in the Middle East - to be covered by Detektor
The safety and security industry is booming throughout the Middle East as the region deals with increases in a wide variety of security concerns ranging from border security and private citizen safety to transaction fraud. The ileading security trade magazine whin EMEA, Detektor International, will cover this topic in a speciial Middle East Market issue in their November/December issue Detektor Int 4-2006).
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