Saudi Arabia E-Retail Market By Segments (Apparel & Footwear, Groceries, Electronics & Appliances, Home Furnishing & Furniture, Others) By Region, Competition Forecast & Opportunities, 2028

Saudi Arabia e-retail market is expected to show an impressive growth in CAGR in the upcoming five years of forecast, 2024-2028. The market is expected to grow on the backbone of modernization of retail sector in the GCC countries. Saudi Arabia is one of the GCC countries where retail is modernizing, and the offline services and products are actively on sale on online portals for the consumers. The e-commerce segment in the country involves all sorts of retail, consumer goods and expendables available in the offline market. Moreover, the recent outbreak of COVID-19 virus aggravated the shift of offline markets over online portals thereby supporting the growth of the Saudi Arabia e-retail market in the upcoming years too.

Young population in the country is rapidly multiplying, with the changing lifestyle and increased disposable income among the young population, the market for e-retail in Saudi Arabia is expected to show the robust growth in the next five years. Saudi Arabia is in fact among the 20 richest countries in the world, thus disposable income becomes a major factor for the growth, that along with the ease of accessibility of the product on online distributors provide a wide range of products and services for the population to choose from. All these factors are supporting the extravagant raise in the CAGR of the Saudi Arabia e-retail market.

Saudi Arabia e-retail market is segmented on the basis of segments, regional distribution and competitional landscape. Based on regional distribution the market is divided into western region, northern & central region, eastern region, and southern region. With the growing market for e-retail products the market growth is anticipated to increase. Moreover, governmental aids that regulate the policies and rules of the e-retail market is strengthening the growth of the Saudi Arabia e-retail market, maintain the fact that these rules and policies would benefit the sellers, distributors, online platform owners, as well as the consumers.

Some of the top players in the Saudi Arabia e-retail market are, Noon AD Holdings One Person Company LLC, Souq.com (Amazon), Alibaba Group Holding Limited, Jarir Marketing Company, Wadi.com, Al Tayer Group Holding Company, Gulf Marketing Group Holding Company, Alshaya Group, Majid Al Futtaim Retail, Chalhoub Group, among others. The companies are involving themselves into research and development for the methods of better quality, and various quality analysis tests to provide the better products.

Objective of the Study:

• To analyze the historical growth of the market size of Saudi Arabia e-retail market from 2018 to 2021.
• To estimate and forecast the market size of Saudi Arabia e-retail market from 2022 to 2028 and growth rate until 2028. 
• To classify and forecast Saudi Arabia e-retail market based on segments, competitional landscape, and regional distribution.
• To identify dominant region or segment in the Saudi Arabia e-retail market.
• To identify drivers and challenges for Saudi Arabia e-retail market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia e-retail market.
• To identify and analyze the profile of leading players operating in Saudi Arabia e-retail market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia e-retail market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Saudi Arabia e-retail market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications 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 were also studied by TechSci Research.

Key Target Audience:

• E-Retail manufacturers, end users, and other stakeholders
• Distributers, suppliers, and other stakeholders
• Organizations, forums, and alliances related to e-retails
• Market research and consulting firms

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

Report Scope:

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

• Saudi Arabia E-Retail Market, By Segment:
• Apparel & Footwear
• Clothing
• Footwear
• Others
• Groceries
• Fruits & Vegetables
• Processed Food
• Meat & Poultry
• Others
• Electronics & Appliances
• Mobile
• Air Conditioner
• Refrigerator
• Television
• Others
• Home Furnishing & Furniture
• Curtains
• Carpets
• Upholstery
• Others
• Others
• Saudi Arabia E-Retail Market, By Region:
• Western Region
• Northern & Central Region
• Eastern Region
• Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia e-retail market.

Available Customizations:

With 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 Information

• Detailed analysis and profiling of additional market players (up to five).