Saudi Arabia Retail Market Overview, Sales, Market Share and Outlook to 2030

 Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Retail Market, Size, Share, Outlook and Growth Opportunities 2022-2030” under Consumer Goods Market Research Reports category. The Retail Market Database in Saudi Arabia is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

Saudi Arabia Retail Market Overview, Sales, Market Share and Outlook to 2030
The Saudi Arabia Retail Market, Size, Share, Outlook and Growth Opportunities 2022-2030 presents a comprehensive analysis of the country’s Retail market. Key trends and critical insights into Saudi Arabia Retail markets along with key drivers, restraints and growth opportunities are presented in the report.

Saudi Arabia household spending, expenditure outlook on essentials and non-essentials is forecast to 2030. Further, Saudi Arabia spending on food, alcoholic drinks, non-alcoholic drinks, tobacco spending and others are forecast and analyzed in the report.

On the Saudi Arabia clothing and footwear expenditure front, the total spending on Saudi Arabia population on clothing, footwear including repair spending is forecast to 2030.

Saudi Arabia Retail Market Trends, Latest Developments, Opportunities and Restraints
New store openings, acquisitions and e-commerce drive will drive Saudi Arabia retail industry outlook to 2030. Further, strong M&A activity coupled with expansion of distribution channels will benefit the companies operating in the Saudi Arabia retail markets.

Growing Saudi Arabia e-commerce distribution channels are encouraging the foray of new entrants into the market. Recovering economy coupled with increasing buyer purchasing power, high disposable incomes of middle class families and ease of access are driving the retail industry in Saudi Arabia.

On the other hand, growing consumer awareness, increasing competition, costs involved in deployment of advanced technologies such as Artificial Intelligence and emerging non-traditional resellers will challenge the market growth.

In addition, key trends, drivers and market outlook of Saudi Arabia household goods, tourism expenditure are also included in the research.

Saudi Arabia Retail Market Structure, Competition and Strategies
Retail companies across Saudi Arabia focus on improving economies of scale, boosting operational efficiency and diversifying revenue through e-commerce channels.

Expansion into new markets remains the core strategy of global leading companies with average operations per company spanning across 10 countries. Among products, fast moving consumer goods topped the sales during 2022, followed by hard and leisure goods, apparel and accessories and others.

On the global front, the retail market size is estimated to be around $4.8 billion with North America dominating the retail sales, followed by Europe and Asia Pacific. Further, Middle East, Africa and Latin America are expanding rapidly.

Saudi Arabia Retail market is compared against five of its competitive markets in the region to analyze the role of Saudi Arabia on regional front and benchmark its operations.

Global Retail, Asia Pacific, Europe, Middle East Africa, North America and Latin America Retail market outlook is also presented in the report to provide a global perspective of the industry.

Saudi Arabia population and economic outlook are also presented in the report to provide insights and forecasts of macroeconomic factors shaping the future of Saudi Arabia Retail markets.

Further, business and SWOT profiles of three of the leading Retail companies in Saudi Arabia are detailed in the report along with recent developments and their impact on overall market growth.

Scope of the report
• Market-by-market analysis and outlook, 2021- 2030
• Potential growth opportunities and areas of focus
• Key forecast drivers, challenges and their sensitivity
• Retail Industry- Market trends, market attractiveness index
• Outlook of Retail segments, applications and spending
• Competitive landscape including profiles, Business description, financial analysis
• Retail sector Market News and Deals

Browse our full report with Table of Contents:
https://marketreportsonsaudiarabia.com/report/764109/saudi-arabia-retail-market-size-share-outlook-and-growth-opportunities

About Us
Market Reports on Saudi Arabia provides you with an in-depth industry reports focusing on various economic, political and operational risk environment, complemented by detailed sector analysis. We have an exhaustive coverage on variety of industries – ranging from energy and chemicals to transportation, communications, constructions and mining to Food and Beverage and education. Our collection includes over 3000 up-to-date reports all researched, analyzed and published by top-notch international research firms.

Contact us at:
Market Reports On Saudi Arabia
Tel: +91 22 27810772 / 27810773
Email: info@marketreportsonsaudiarabia.com
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Saudi Arabia Retail Market 2024: By Distribution Channel and By Product Category with Forecast

Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Retail Market By Distribution Channel (Hypermarket, Online Retail, Exclusive Stores, Specialty Retailers, Supermarket & Others), By Product Category (Food & Beverages, Apparel & Footwear, Appliances & others), Competition, Forecast & Opportunities, 2024” under Retail category. The Retail Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

Saudi Arabia Retail Market is projected to exhibit a CAGR of around 6% during the forecast period of 2019-2024, growing from $ 112.9 billion in 2018 to $ 159 billion by 2024, on account of increasing personal disposable income, change in consumption pattern from staple food towards healthier food, and shifting focus from dependency on fuel to other sectors.

Request a free sample copy of Saudi Arabia Retail Market Report @ http://www.marketreportsonsaudiarabia.com/marketreports/sample/reports/1640017

In terms of product category, Saudi Arabia retail market has been categorized into food & beverages, apparel & footwear, appliances, jewelry, pharmacy and others. Of these, food & beverages category accounted for a nearly one-third market share in 2018 and the segment is anticipated to maintain its market dominance during the forecast period as well, backed by the widespread shift in pattern from staple food towards healthier, value-added alternatives. Saudi Arabia retail market has been segmented into central, west, east, south and north regions. Among these regions, Central region is the largest demand generating region in the country’s retail market, due to strong presence of key market players in the region. Riyadh, the capital of Saudi Arabia, which is present in Central region, has seen significant transformation than other cities of regions. Riyadh has become the central hub for new technologies and latest creations.

Saudi Arabia retail market is fragmented in nature due to the presence of several companies. Approval and commercialization of various products and expanding geographical reach are major strategies adopted by industry participants to enhance their market share. Some of the major players operating in Saudi Arabia retail market are Panda Retail Co (Savola Group), Lulu Group International (EMKE Group), Abdullah Al Othaim Markets Co., Fawaz Abdulaziz AlHokair Co., Majid Al Futtaim Retail LLC, among others.

Years considered for this report:Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024

Objective of the Study:

• To analyze and forecast Saudi Arabia retail market size.
• To classify and forecast Saudi Arabia retail market based on distribution channel, product category and regional distribution.
• To identify drivers and challenges for Saudi Arabia retail market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia retail market.
• To conduct the pricing analysis for Saudi Arabia retail market.
• To identify and analyze the profile of leading players operating in Saudi Arabia retail Market.

Some of the major players operating in Saudi Arabia retail market are Panda Retail Co (Savola Group), Lulu Group International (EMKE Group), Abdullah Al Othaim Markets Co., Fawaz Abdulaziz AlHokair Co., Majid Al Futtaim Retail LLC, among others.

This Report performed both primary as well as exhaustive secondary research for this study. Initially, This Report sourced a list of retailers across the country. Subsequently, This Reports conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, The Report could include the retailers which could not be identified due to the limitations of secondary research. This Reports analyzed the service offerings, sales channels and presence of all major retailers across the country.

This Report calculated Saudi Arabia retail market size by using a top-down approach, wherein data for various application across various segments was recorded and forecast for the future years. Report sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product categories for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports

Key Target Audience:

• Retailers, suppliers, distributors and other stakeholders
• Potential investors
• Organizations, forums and alliances related to retail market
• Research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:In this report, Saudi Arabia retail market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Distribution Channel:

Exclusive Stores
Hypermarket
Supermarket
Specialty Retailers
Online Retail
Others

• Market, by Product Category:

Food & Beverages
Apparel & Footwear
Appliances
Jewelry
Pharmacy
Others

• Market, by Region:

Central
West
East
South
North

Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in Saudi Arabia retail market.

Available CustomizationsWith the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company InformationDetailed analysis and profiling of additional market players (up to five).

Browse our full report with Table of Contents:
http://www.marketreportsonsaudiarabia.com/marketreports/saudi-arabia-retail-market-by-distribution-channel-hypermarket-online-retail-exclusive-stores-specialty-retailers-s/1640017

About Us
Market Reports on Saudi Arabia provides you with an in-depth industry reports focusing on various economic, political and operational risk environment, complemented by detailed sector analysis. We have an exhaustive coverage on variety of industries – ranging from energy and chemicals to transportation, communications, constructions and mining to Food and Beverage and education. Our collection includes over 2000 up-to-date reports all researched, analyses and published by top-notch international research firms.

Contact us at:
Market Reports On Saudi Arabia
Tel: +91 22 27810772 / 27810773
Email: info@marketreportsonsaudiarabia.com
Website: http://www.marketreportsonsaudiarabia.com
Follow us on : Twitter, Facebook, Linkedin