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Retail Market in Saudi Arabia by Store Format Sales, Product, Country, Analysis and Forecast to 2020

Wednesday, March 1, 2017 2:49
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(Before It's News)

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. 

Publisher’s analysts forecast the retail market in Saudi Arabia to grow at a CAGR of 7.45% during the period 2016-2020.

For more information about this report:                              

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)

Publisher’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)


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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 

Inquire for Report at                     

Contact Us:

Call: +1-646-491-9876

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