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About the Retail Market in Saudi Arabia
The increase in oil prices between 2003 and 2013 brought prosperity in Saudi Arabia and it became the world's 90-largest economy. The hike in oil prices brought growth across sectors, and the GDP; household income; employment levels; and government investments in health, infrastructure, and education increased. However, the government cannot rely solely on revenue from fuel since the global energy market dynamics is changing and demographics of the country is expected to transition with an increasing number of working-age Saudi Arabians by 2030.
Technavio’s analysts forecast the retail market in Saudi Arabia to grow at a CAGR of 7.45% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the retail market in Saudi Arabia for 2016-2020. To calculate the market size, the report has taken into account the revenue generated from retail sales of the products offered.
The market is divided into the following segments based on products:
• Home improvement
• Apparel and footwear
• Grocery
• Consumer electronics
• Beauty and personal care (BPC)
Technavio's report, Retail Market in Saudi Arabia 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alhokair Fashion Retail
• Al Othaim
• Jarir
• Savola
• Saudi Marketing Company (FARM Superstore)
• United Electronics (eXtra)
Other prominent vendors
• Anwal United Trading
• AlJammaz
• Azizia Panda
• BinDawood
• Carrefour Saudi Arabia
• Etre
• Fawaz Al Hokair
• Landmark Group
• Lulu Hypermarket
• Umark
Market driver
• Rising disposable income and higher consumer confidence index
• For a full, detailed list, view our report
Market challenge
• Unstable economic and political scenario
• For a full, detailed list, view our report
Market trend
• Demand for luxury products
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
The increase in oil prices between 2003 and 2013 brought prosperity in Saudi Arabia and it became the world's 90-largest economy. The hike in oil prices brought growth across sectors, and the GDP; household income; employment levels; and government investments in health, infrastructure, and education increased. However, the government cannot rely solely on revenue from fuel since the global energy market dynamics is changing and demographics of the country is expected to transition with an increasing number of working-age Saudi Arabians by 2030.
Technavio’s analysts forecast the retail market in Saudi Arabia to grow at a CAGR of 7.45% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the retail market in Saudi Arabia for 2016-2020. To calculate the market size, the report has taken into account the revenue generated from retail sales of the products offered.
The market is divided into the following segments based on products:
• Home improvement
• Apparel and footwear
• Grocery
• Consumer electronics
• Beauty and personal care (BPC)
Technavio's report, Retail Market in Saudi Arabia 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alhokair Fashion Retail
• Al Othaim
• Jarir
• Savola
• Saudi Marketing Company (FARM Superstore)
• United Electronics (eXtra)
Other prominent vendors
• Anwal United Trading
• AlJammaz
• Azizia Panda
• BinDawood
• Carrefour Saudi Arabia
• Etre
• Fawaz Al Hokair
• Landmark Group
• Lulu Hypermarket
• Umark
Market driver
• Rising disposable income and higher consumer confidence index
• For a full, detailed list, view our report
Market challenge
• Unstable economic and political scenario
• For a full, detailed list, view our report
Market trend
• Demand for luxury products
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
