Page 14 - Metro Brazil PR Report - February 2024

Metro Brazil witnesses 210 per cent sales growth in 2023, strategizes market expansion in 2024 - Biz Today
Metro Brazil witnesses 210 per cent sales

growth in 2023, strategizes market

expansion in 2024

Posted on February 7, 2024 UTC

Metro Brazil, a leading retail and eCommerce company for Brazilian shapewear products in the

Middle East, witnessed a remarkable growth in 2023 fuelled by a 210 per cent increase in sales
and a 161 per cent rise in the number of orders from GCC countries. The expectational growth
is attributed to the company’s strategic collaborations, integration of advanced technologies and

its state-of-the-art warehouse in Dubai CommerCity free zone.
Capitalising on this growth, Metro Brazil aims to expand its footprint across online marketplaces
in the Middle East region in 2024, including Amazon, Noon and other leading marketplaces.

With the growing demand for shapewear in the GCC, among other Middle East countries, the
company’s effort to strengthen its position in the regional market is in line with the changing

retail trends. According to Metro Brazil’s latest report, the global addressable market is expected
to reach a market size of USD 218.19 billion marking a 3.98 per cent increase by 2028, while

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