Appliances and Electronics Specialists in Saudi Arabia
Appliances and electronics specialists in Saudi Arabia experienced steady growth in current value terms in 2023. Factors that contributed to this positive growth included increasing purchasing power, population growth and urbanisation. Furthermore, with inflation stabilising there was an increase in the number of replacement sales with a majority of the population willing to replace existing appliances with smarter, innovative, and smaller models. With consumers favouring premium, sophisticated,...
Euromonitor International's Appliances and Electronics Specialists in Saudi Arabia report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Appliances and Electronics Specialists market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Appliances and Electronics Specialists in Saudi Arabia
Euromonitor International
March 2024
List Of Contents And Tables
APPLIANCES AND ELECTRONICS SPECIALISTS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Extended warranties provide new sales opportunities as appliances and electronics specialists look to capitalise on growing demand
Retailers form strategic partnerships and collaborations to increase their presence
New partnerships present new opportunities for appliances and electronics specialists
PROSPECTS AND OPPORTUNITIES
Retailers to leverage technology, AI and festive occasions to boost sales and build engagement
Digital marketing and BNPL services becoming more commonplace
Players will need to invest omnichannel strategies
CHANNEL DATA
Table 1 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Appliances and Electronics Specialists GBO Company Shares: % Value 2019-2023
Table 4 Appliances and Electronics Specialists GBN Brand Shares: % Value 2020-2023