Which emerging market saw the fastest growth in retail space per capita between 2015-2020, transforming from predominantly traditional markets to modern retail formats?

Retail geography is a fascinating intersection of consumer behavior, economic development, and cultural preferences. As global brands expand their footprints, they must navigate complex regional differences in consumer shopping habits. This trivia question examines which emerging market has seen the most dramatic retail transformation in recent years, reflecting changing economic power and consumer purchasing behavior patterns across the globe.

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Vietnam, with a 217% increase in modern retail space driven by rising middle class and urbanization
Nigeria, with a 185% increase in retail space primarily in Lagos and Abuja metropolitan areas
Colombia, with a 203% growth concentrated in shopping malls featuring international brands
Bangladesh, with a 194% expansion focused on large-format grocery and department stores