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.

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.


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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.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of retailers 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 retailers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, sales channels and presence of all major retailers across the country.

TechSci Research 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. TechSci Research 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 were also studied by TechSci Research.


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 Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia 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).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

Product Overview

2.  Research Methodology

3.  Executive Summary

4.  Voice of Customer

4.1.  Factors affecting Shopping decision

5. Saudi Arabia Retail Market Outlook

5.1.  Market Size & Forecast

5.1.1. By Value

5.2.  Market Share & Forecast

5.2.1. By Distribution Channel (Exclusive Stores, Supermarket, Hypermarket, Specialty Retailers, Online Retail and Others)

5.2.2. By Product Category (Food & Beverages, Apparel & Footwear, Appliances, Jewelry, Pharmacy and others)

5.2.3. By Region

5.2.4. By Company                                                                    

5.3.  Market Attractiveness Index

6. Saudi Arabia Hypermarket Market Outlook

6.1.  Market Size & Forecast

6.1.1. By Value

6.2.  Market Share & Forecast

6.2.1. By Product Category

7. Saudi Arabia Online Retail

      7.1.  Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Category

8. Saudi Arabia Exclusive Stores Market Outlook

8.1.  Market Size & Forecast

8.1.1. By Value

8.2.  Market Share & Forecast

8.2.1. By Product Category

9. Saudi Arabia Specialty Retailers Market Outlook

9.1.  Market Size & Forecast

8.1.1. By Value

9.2.  Market Share & Forecast

9.2.1. By Product Category

10. Saudi Arabia Supermarket Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Category

11.  Other Distribution Channel Market Outlook

11.1. Market Size & Forecast

11.1.1.  By Value                                                            

11.2. Market Share & Forecast

11.2.1.  By Product Category

12.  Market Dynamics

12.1. Drivers

12.2. Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  Saudi Arabia Economic Profile

16.  Competitive Landscape

16.1. Competition Outlook

16.2. Company Profiles (Leading companies)

16.2.1. Panda Retail Co (Savola Group)

16.2.2. Lulu Group International (EMKE Group)

16.2.3. Abdullah Al Othaim Markets Co.

16.2.4. Fawaz Abdulaziz AlHokair Co.

16.2.5. Majid Al Futtaim Retail LLC

16.2.6. Choithram

16.2.7. Balsharaf Group

16.2.8. Al Raya

16.2.9. Al Sadha

16.2.10. Fucom LLC

17.   Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

    Figure 1: Saudi Arabia Retail Market Size, By Value (USD Billion), 2014-2024F

    Figure 2: Saudi Arabia Retail Market Share, By Distribution Channel, By Value, 2014-2024F 

    Figure 2: Saudi Arabia Retail Market Share, By Product Category, By Value, 2014-2024F 

    Figure 3: Saudi Arabia Retail Market Share, By Region, By Value, 2014-2024F

    Figure 4: Saudi Arabia Retail Market Share, By Company, By Value, 2018

    Figure 5: Saudi Arabia Retail Market Attractiveness Index, By Distribution Channel, By Value, 2019E-2024F

    Figure 6: Saudi Arabia Retail Market Attractiveness Index, By Product Category, By Value, 2019E-2024F

    Figure 7: Saudi Arabia Retail Market Attractiveness Index, By Region, By Value, 2019E-2024F

    Figure 8: Saudi Arabia Hypermarket Size, By Value (USD Billion), 2014-2024F

    Figure 9:  Saudi Arabia Hypermarket Share, By Product Category, By Value, 2014-2024F

    Figure 10: Saudi Arabia Online Retail Market Size, By Value (USD Billion), 2014-2024F

    Figure 11: Saudi Arabia Online Retail Market Share, By Product Category, By Value, 2014-2024F

    Figure 12:  Saudi Arabia Exclusive Store Market Size, By Value (USD Billion), 2014-2024F

    Figure 13:  Saudi Arabia Exclusive Store Market Share, By Product Category, By Value, 2014-2024F

    Figure 14:  Saudi Arabia Supermarket Market Size, By Value (USD Billion), 2014-2024F

    Figure 15:  Saudi Arabia Supermarket Market Share, By Product Category, By Value, 2014-2024F

    Figure 16:  Saudi Arabia Other Distribution Channel Market Size, By Value (USD Billion), 2014-2024F

    Figure 17:  Saudi Arabia Other Distribution Channel Market Share, By Product Category, By Value, 2014-2024F