Consumer Goods

Retail Market in Saudi Arabia 2016-2020

  • TEC612635
  • 94 Pages
  • June 2016
  • Consumer Goods
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.

Technavios 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 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 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 analysts time when you purchase this market report. Details are provided within the report.


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