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Retail Country Snapshot: Saudi Arabia

Publisher GlobalData
Published Jul 09, 2025
Length 29 Pages
SKU # GBDT20290042

Description

Retail Country Snapshot: Saudi Arabia

Summary

This report offers an overview of the retail market in Saudi Arabia, including macroeconomic analysis, market forecasts to 2029, consumer insights, market shares, and analysis on local brands.

Between 2024 and 2029, the forecast for Saudi Arabia’s real GDP per capita is expected to experience steady growth. This moderate growth forecast is driven by Saudi Arabia’s efforts to diversify its economy, reducing its reliance on oil.

Scope
  • Saudi Arabia’s dependence on oil renders the country susceptible to unstable GDP growth rates
  • Saudi Arabia’s young, urban population presents lucrative opportunities for a diverse retail market
  • Saudi Arabia’s market has become increasingly diverse, with grocery retail emerging as the dominant channel, ahead of non-food specialists, since 2020
Reasons to Buy
  • Gain an overview of the Saudi Arabian retail market sizes and growths to 2029
  • Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of inflation on the Saudi Arabian retail market
  • Understand who the main competitors are in the Saudi Arabian retail market with market share figures

Table of Contents

29 Pages
Executive Summary
Country Overview
Retail Market to 2029
Consumer Insights
Competitive Landscape
Methodology & Contacts
List of Tables
Top 5 Saudi Arabia Clothing & Footwear Retailers by Market Share (%) 2023, & 2024 with Change in Share 2023-2024 (ppts)
Top 5 Saudi Arabia Electricals Retailers by Market Share (%) 2023, & 2024 with Change in Share 2023-2024 (ppts)
Top 5 Saudi Arabia Home Retailers by Market Share (%) 2023, & 2024 with Change in Share 2023-2024 (ppts)
Top 5 Saudi Arabia Food & Grocery Retailers by Market Share (%) 2023, & 2024 with Change in Share 2023-2024 (ppts)
Top 5 Saudi Arabia Health & Beauty Retailers by Market Share (%) 2023, & 2024 with Change in Share 2023-2024 (ppts)
List of Figures
Real GDP per capita (SAR) and annual growth (%)
Population (millions) and annual growth (%)
Saudi Arabia Retail Market Value, 2019-2029 (SAR bn) with Annual Growth (%)
Channel share of total retail in the Saudi Arabia Retail Market (%) 2019, 2024e & 2029f
Saudi Arabia Online Retail Market (SAR bn) 2019-2029 and Online Penetration (%)
Sector Sales (SAR bn) within the Saudi Arabia Retail Market 2019, 2024e & 2029(f)
Saudi Arabian consumers’ level of concern about their personal finance situation
How Saudi Arabian consumers are coping with rising prices in general
Percentage of Saudi Arabian consumers that are always influenced by the below features when making food & drink purchases
How Saudi Arabian consumers’ shopping habits have changed in the last 3 months
Saudi Arabian consumers’ sentiment on shopping locally

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