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The retail market in Saudi Arabia is forecasted to grow by USD 54.46 bn during 2023-2028, accelerating at a CAGR of 6.42% during the forecast period. The report on the retail market in Saudi Arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by economic diversification under vision 2030, rising consumer spending power, and growth in tourism sector in Saudi Arabia.
The retail market in Saudi Arabia is segmented as below:
By Type
- Non-food retail
- Food retail
By Distribution Channel
- Bakalas
- Super markets
- Hyper markets
- Online
The report on the retail market in Saudi Arabia covers the following areas:
- Retail market in Saudi Arabia sizing
- Retail market in Saudi Arabia forecast
- Retail market in Saudi Arabia industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the retail market in Saudi Arabia: Abdullah Al Othaim Markets Co., AL SADHAN, Ali Hassan Al Dahan and Partner Co. Ltd., Arabian Stores Co. Ltd., Azadea Group, Balsharaf Group, Bindawood Holding, Cenomi Retail, CHALHOUB GROUP, Jarir Marketing Co., Lulu Group International, M. H. Alshaya Co. WLL, Majid Al Futtaim Holding LLC, Manuel Supermarket, Nahdi Medical Co., SACO, Saudi Marketing Co., Savola Group, Tamimi Markets, and Virgin Red Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is integration of technology in retail sector.'
According to the report, one of the major drivers for this market is the economic diversification under vision 2030.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abdullah Al Othaim Markets Co.
- AL SADHAN
- Ali Hassan Al Dahan and Partner Co. Ltd.
- Arabian Stores Co. Ltd.
- Azadea Group
- Balsharaf Group
- Bindawood Holding
- Cenomi Retail
- CHALHOUB GROUP
- Jarir Marketing Co.
- Lulu Group International
- M. H. Alshaya Co. WLL
- Majid Al Futtaim Holding LLC
- Manuel Supermarket
- Nahdi Medical Co.
- SACO
- Saudi Marketing Co.
- Savola Group
- Tamimi Markets
- Virgin Red Ltd.