GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
The move will help Blue Ocean Group to market and distribute UAE's home-grown products in the UK market and help UAE exports to the United Kingdom to grow faster
 
  • Dubai-based Blue Ocean Group is the first UAE distributor to enter the UK market ahead of the Brexit
  • Consumer electronics market in the United Kingdom is expected to reach US$20.82 billion (£16.39 billion) in 2019
  • Consumer electronics market in the United Kingdom is expected to reach US$21.27 billion (£16.74 billion) in 2020
  • Blue Ocean Group's growing international network will help UAE's home-grown brands to enter the UK market post Brexit
 
Dubai, United Arab Emirates -  10 July  2019:    Blue Ocean Group, a Dubai-based master distributor of consumer electronics, domestic appliances, electrical goods, telecom equipment as well as fashion accessories, today announces its expansion in to the United Kingdom, ahead of Brexit, which is expected to change the market dynamics in the United Kingdom.
 
This makes Blue Ocean Group the first UAE distributor to enter the UK market ahead of the Brexit deal and puts the distributor in a comfortable position to support the local distribution market in the UK with their expertise in the Middle East Region.
 
Blue Ocean Global Group has set up its international office in London, United Kingdom, which will be operated from Manchester city and serve the growing online and physical distribution market of consumer electronics and household appliances as well as other types of goods – ensuring smooth delivery of products to retailers and dealers fast and in a more effective way for consumers to access them as per their convenience.
 
“This is a strategic move by the Blue Ocean Group to tap the growing opportunities in the United Kingdom as it leaves the European Union this year,” Shahzad Ahmed, Chairman and Chief Executive Officer of Blue Ocean Group, says.
 
“Our expansion into the UK market will also help us to promote and sell the UAE's home-grown electronic products in the United Kingdom and help boost UAE exports to and imports from the UK. This provides a golden opportunity for UAE businesses to tap new markets and help their businesses grow.”
 
The market value for consumer electronics in the UK is expected to reach around US$20.82 billion (£16.39 billion) by the end of 2019, according to Statista, a global business tracker. This is expected to grow to US$21.27 billion (£16.74 billion) in 2020.
 
According to a Zion Market Research report, global consumer electronics market was valued at around US$1.17 trillion in 2017 and is expected to reach approximately US$1.78 trillion in 2024, growing at a compound annual growth rate (CAGR) of slightly above 6.0 percent between 2018 and 2024.
 
Blue Ocean Group, a Dubai-based diversified business conglomerate that represents some of the world's best-performing electrical, electronics and consumer goods as master distributors, has witnessed more than 20 percent growth year-on-year since its inception in 2013.
 
Blue Ocean Group exports and promotes products in 40 countries with a team of more than 50 people. The company distributes consumer electronics, electrical and household appliances through a network of more than 100 distributors and more than 250 system integration partners in nearly 40 countries. In the UAE, the company's network of distribution exceeds 400 retail chains across the country.
 
“As the market shifts from physical and offline distribution to online and app-based mobile channels, we are also shifting gear of our distribution business to these channels in order to reach the end-user customers faster,” Shahzad Ahmed says.
 
“Despite challenging economic conditions in different parts of the world, the Blue Ocean Group companies are penetrating deeper into the market with international brands and helping them to grow with us in the UAE as well as our international distribution network across 40 countries.”
 
Blue Ocean Group has a market presence in GCC, Middle East, Asia, Africa, Australia and New Zealand. Established in 2013, the Blue Ocean Group and its affiliate companies undertakes the entire sales, distribution, warehousing, transportation, branding, advertisement, communications and marketing activities of brands it services – offering almost 360 degree professional services.
 
With a network of about 250 telecom resellers, Blue Ocean Group has recently been appointed by NEC Corporation as its Master Distributor for SMB communications solutions in the UAE.



Posted by : GoDubai Editorial Team
Viewed 8650 times
Posted on : Wednesday, July 10, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Lg's Front-loader With New Ai Dd Brings Optimized Washing to the Middle East and Africa
Next Story : The 5G era begins: Huawei launches the King of 5G smartphones HUAWEI Mate 20 X (5G)
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Boss Bottled Infinite: Express Your Inner Self
Chronoswiss adds beauty in blue to Sirius Chronograph Moon Phase collection
Mouawad Announces New Partnership With the Miss Universe Organization
Ralph Lauren Introduces Ralph's Club for New York Fashion Week
Expect more from your concealer, why settle for less!
Ncef-reverse Eyes – Filorga's New Ground Breaking Eye Care!
Roberto Cavalli's exclusive new duo of fragrances
UAE Welcomes Energy Industry's Thought Leaders at World's Most Influential Energ...
La Roche-posay Presents an Incomparable Skincare Experience With ‘My Skin Track ...
Ferrari 812 GTS: the V12 spider returns
ENEC to showcase economic, social and environmental benefits of nuclear energy a...
Tag Heuer Launches First Ever Emerald Green Dial Aquaracer (for Men & Women) in ...
World's First Cartridge-Free Laser Printer Now Available in the UAE
A touch of elegance with Al Asel
Tabreed demonstrates commitment to enhancing energy efficiency with ISO 50001 ce...
A Journey of Belief: Caroline Leon goes the extra mile with DHL as she attempts ...
Corum Golden Bridge Round 39 for elegant lady
Sony Middle East and Africa launches the new king of full frame mirrorless camer...
The Ferrari F8 Spider: the evolution of the species
Introducing the Dyson V11TM Absolute cord-free vacuum
Tissot Carson Automatic Urban vitality
Trade Up Your Old Device For the Next Level Power Galaxy Note10
Energy Transition is Accelerating Across Countries Worldwide According to 2019 W...
Pan Emirates Home Furnishing welcomes Autumn with its new collection
Lenovo Launches New Devices: Offering Smarter Technology for All
LONGCHAMP Spring/Summer 2020
Union Coop constructs two commercial centers in Al Badaa (Jumeirah) and Barsha 3
Canadian University Dubai launches world-class creative leadership program with...
The art of knurling
Opening of PACE British School, a premium British curriculum education initiativ...
Breitling Announces Partnership With Etihad Airways
UAE Team Emirates' Pogacar Inches Closer to a Second Place Finish at La Vuelta
Union Coop Signs a contract with AL Aber contracting to construct Umm Al Quwain ...
Ministry of Health and Prevention Launches the 11th Edition of “Lose to Win” Program
IFA 2019: Samsung Electronics Celebrates Five Decades of Designing Your Tomorrow
Titan Watches unveils new ‘Create Your Moment' campaign
DKNY Kids continues to lead the way in athleisure dressing
Chloé introduces the new vintage-inspired “Ayla” style
City Centre Me'aisem is here to captivate and educate this back-to-school season
Michael Kors Releases First Mini-documentary
First A220 delivery to EGYPTAIR
Introducing Pestle & Mortar
A Pure Class Performance From Pogacar as He Earns His Second Stage Win at La Vuelta
Shoppers meet UFC Athlete Andrei Arlovski at Mushrif Mall
Tag Heuer Launches Limited Edition Green Aquaracer in the Kingdom of Saudi Arabi...
Diego Ulissi to Lead UAE Team Emirates as They Take on a Double Bill of Racing i...
Advanced technology and treatment approach at the forefront of epilepsy treatmen...
Colourful Onam Festivities to Kick-start at Arabian Center
Proofpoint's Annual Human Factor Report Details Top Cybercriminal Trends: More t...
Midi Moment