Retail Market in Saudi Arabia 2025-2029

Retail Market In Saudi Arabia 2025-2029


The retail market in saudi arabia is forecasted to grow by USD 64.6 bn during 2024-2029, accelerating at a CAGR of 7.1% during the forecast period. The report on the retail market in saudi arabia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by economic diversification under vision 2030, rising consumer spending power, and growth in tourism sector in saudi arabia.

Technavio's retail market in saudi arabia is segmented as below:

By Type
  • Non-food retail
  • Food retail
By Distribution Channel
  • Bakalas
  • Super markets
  • Hyper markets
  • Online
By Geographical Landscape
  • Middle East and Africa
This study identifies the integration of technology in retail sector as one of the prime reasons driving the retail market in saudi arabia growth during the next few years. Also, growing emphasis on sustainable retail and increasing adoption of omnichannel retailing will lead to sizable demand in the market.

The report on the retail market in saudi arabia covers the following areas:
  • Retail Market in Saudi Arabia sizing
  • Retail Market in Saudi Arabia forecast
  • Retail Market in Saudi Arabia industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retail market in saudi arabia vendors that include Abdullah Al Othaim Markets Co., AL SADHAN, Ali Hassan Al Dahan and Partner Co. Ltd., Arabian Stores Co. Ltd., Azadea Group, Balsharaf Group, Bindawood Holding, Cenomi Retail, CHALHOUB GROUP, Jarir Marketing Co., Lulu Group International, M. H. Alshaya Co. WLL, Majid Al Futtaim Holding LLC, Manuel Supermarket, Nahdi Medical Co., Savola Group, Tamimi Markets, and Virgin Red Ltd.. Also, the retail market in saudi arabia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
Chart on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Data Table on Saudi Arabia: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Retail Market in Saudi Arabia 2019 - 2023
Historic Market Size - Data Table on Retail Market in Saudi Arabia 2019 - 2023 ($ billion)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.3 Distribution Channel segment analysis 2019 - 2023
Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on Retail Market in Saudi Arabia
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Non-food retail - Market size and forecast 2024-2029
Chart on Non-food retail - Market size and forecast 2024-2029 ($ billion)
Data Table on Non-food retail - Market size and forecast 2024-2029 ($ billion)
Chart on Non-food retail - Year-over-year growth 2024-2029 (%)
Data Table on Non-food retail - Year-over-year growth 2024-2029 (%)
8.4 Food retail - Market size and forecast 2024-2029
Chart on Food retail - Market size and forecast 2024-2029 ($ billion)
Data Table on Food retail - Market size and forecast 2024-2029 ($ billion)
Chart on Food retail - Year-over-year growth 2024-2029 (%)
Data Table on Food retail - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
9 Market Segmentation by Distribution Channel
9.1 Market segments
Chart on Distribution Channel - Market share 2024-2029 (%)
Data Table on Distribution Channel - Market share 2024-2029 (%)
9.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
9.3 Bakalas - Market size and forecast 2024-2029
Chart on Bakalas - Market size and forecast 2024-2029 ($ billion)
Data Table on Bakalas - Market size and forecast 2024-2029 ($ billion)
Chart on Bakalas - Year-over-year growth 2024-2029 (%)
Data Table on Bakalas - Year-over-year growth 2024-2029 (%)
9.4 Super markets - Market size and forecast 2024-2029
Chart on Super markets - Market size and forecast 2024-2029 ($ billion)
Data Table on Super markets - Market size and forecast 2024-2029 ($ billion)
Chart on Super markets - Year-over-year growth 2024-2029 (%)
Data Table on Super markets - Year-over-year growth 2024-2029 (%)
9.5 Hyper markets - Market size and forecast 2024-2029
Chart on Hyper markets - Market size and forecast 2024-2029 ($ billion)
Data Table on Hyper markets - Market size and forecast 2024-2029 ($ billion)
Chart on Hyper markets - Year-over-year growth 2024-2029 (%)
Data Table on Hyper markets - Year-over-year growth 2024-2029 (%)
9.6 Online - Market size and forecast 2024-2029
Chart on Online - Market size and forecast 2024-2029 ($ billion)
Data Table on Online - Market size and forecast 2024-2029 ($ billion)
Chart on Online - Year-over-year growth 2024-2029 (%)
Data Table on Online - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ billion)
Data Table on Market opportunity by Distribution Channel ($ billion)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Abdullah Al Othaim Markets Co.
Abdullah Al Othaim Markets Co. - Overview
Abdullah Al Othaim Markets Co. - Business segments
Abdullah Al Othaim Markets Co. - Key offerings
Abdullah Al Othaim Markets Co. - Segment focus
SWOT
13.5 AL SADHAN
AL SADHAN - Overview
AL SADHAN - Product / Service
AL SADHAN - Key offerings
SWOT
13.6 Ali Hassan Al Dahan and Partner Co. Ltd.
Ali Hassan Al Dahan and Partner Co. Ltd. - Overview
Ali Hassan Al Dahan and Partner Co. Ltd. - Product / Service
Ali Hassan Al Dahan and Partner Co. Ltd. - Key offerings
SWOT
13.7 Azadea Group
Azadea Group - Overview
Azadea Group - Product / Service
Azadea Group - Key offerings
SWOT
13.8 Balsharaf Group
Balsharaf Group - Overview
Balsharaf Group - Product / Service
Balsharaf Group - Key offerings
SWOT
13.9 Bindawood Holding
Bindawood Holding - Overview
Bindawood Holding - Product / Service
Bindawood Holding - Key offerings
SWOT
13.10 Cenomi Retail
Cenomi Retail - Overview
Cenomi Retail - Product / Service
Cenomi Retail - Key offerings
SWOT
13.11 CHALHOUB GROUP
CHALHOUB GROUP - Overview
CHALHOUB GROUP - Product / Service
CHALHOUB GROUP - Key offerings
SWOT
13.12 Jarir Marketing Co.
Jarir Marketing Co. - Overview
Jarir Marketing Co. - Product / Service
Jarir Marketing Co. - Key offerings
SWOT
13.13 Lulu Group International
Lulu Group International - Overview
Lulu Group International - Product / Service
Lulu Group International - Key offerings
SWOT
13.14 M. H. Alshaya Co. WLL
M. H. Alshaya Co. WLL - Overview
M. H. Alshaya Co. WLL - Product / Service
M. H. Alshaya Co. WLL - Key offerings
SWOT
13.15 Majid Al Futtaim Holding LLC
Majid Al Futtaim Holding LLC - Overview
Majid Al Futtaim Holding LLC - Product / Service
Majid Al Futtaim Holding LLC - Key offerings
SWOT
13.16 Nahdi Medical Co.
Nahdi Medical Co. - Overview
Nahdi Medical Co. - Business segments
Nahdi Medical Co. - Key offerings
Nahdi Medical Co. - Segment focus
SWOT
13.17 Savola Group
Savola Group - Overview
Savola Group - Product / Service
Savola Group - Key offerings
SWOT
13.18 Tamimi Markets
Tamimi Markets - Overview
Tamimi Markets - Product / Service
Tamimi Markets - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Type
Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits8: Overview on criticality of inputs and factors of differentiation
Exhibits9: Overview on factors of disruption
Exhibits10: Impact of drivers and challenges in 2024 and 2029
Exhibits11: Parent Market
Exhibits12: Data Table on - Parent Market
Exhibits13: Market characteristics analysis
Exhibits14: Value chain analysis
Exhibits15: Offerings of companies included in the market definition
Exhibits16: Market segments
Exhibits17: Chart on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
Exhibits18: Data Table on Saudi Arabia - Market size and forecast 2024-2029 ($ billion)
Exhibits19: Chart on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Exhibits20: Data Table on Saudi Arabia: Year-over-year growth 2024-2029 (%)
Exhibits21: Historic Market Size - Data Table on Retail Market in Saudi Arabia 2019 - 2023 ($ billion)
Exhibits22: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits23: Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ billion)
Exhibits24: Five forces analysis - Comparison between 2024 and 2029
Exhibits25: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits26: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits27: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits28: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits29: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits30: Chart on Market condition - Five forces 2024 and 2029
Exhibits31: Chart on Type - Market share 2024-2029 (%)
Exhibits32: Data Table on Type - Market share 2024-2029 (%)
Exhibits33: Chart on Comparison by Type
Exhibits34: Data Table on Comparison by Type
Exhibits35: Chart on Non-food retail - Market size and forecast 2024-2029 ($ billion)
Exhibits36: Data Table on Non-food retail - Market size and forecast 2024-2029 ($ billion)
Exhibits37: Chart on Non-food retail - Year-over-year growth 2024-2029 (%)
Exhibits38: Data Table on Non-food retail - Year-over-year growth 2024-2029 (%)
Exhibits39: Chart on Food retail - Market size and forecast 2024-2029 ($ billion)
Exhibits40: Data Table on Food retail - Market size and forecast 2024-2029 ($ billion)
Exhibits41: Chart on Food retail - Year-over-year growth 2024-2029 (%)
Exhibits42: Data Table on Food retail - Year-over-year growth 2024-2029 (%)
Exhibits43: Market opportunity by Type ($ billion)
Exhibits44: Data Table on Market opportunity by Type ($ billion)
Exhibits45: Chart on Distribution Channel - Market share 2024-2029 (%)
Exhibits46: Data Table on Distribution Channel - Market share 2024-2029 (%)
Exhibits47: Chart on Comparison by Distribution Channel
Exhibits48: Data Table on Comparison by Distribution Channel
Exhibits49: Chart on Bakalas - Market size and forecast 2024-2029 ($ billion)
Exhibits50: Data Table on Bakalas - Market size and forecast 2024-2029 ($ billion)
Exhibits51: Chart on Bakalas - Year-over-year growth 2024-2029 (%)
Exhibits52: Data Table on Bakalas - Year-over-year growth 2024-2029 (%)
Exhibits53: Chart on Super markets - Market size and forecast 2024-2029 ($ billion)
Exhibits54: Data Table on Super markets - Market size and forecast 2024-2029 ($ billion)
Exhibits55: Chart on Super markets - Year-over-year growth 2024-2029 (%)
Exhibits56: Data Table on Super markets - Year-over-year growth 2024-2029 (%)
Exhibits57: Chart on Hyper markets - Market size and forecast 2024-2029 ($ billion)
Exhibits58: Data Table on Hyper markets - Market size and forecast 2024-2029 ($ billion)
Exhibits59: Chart on Hyper markets - Year-over-year growth 2024-2029 (%)
Exhibits60: Data Table on Hyper markets - Year-over-year growth 2024-2029 (%)
Exhibits61: Chart on Online - Market size and forecast 2024-2029 ($ billion)
Exhibits62: Data Table on Online - Market size and forecast 2024-2029 ($ billion)
Exhibits63: Chart on Online - Year-over-year growth 2024-2029 (%)
Exhibits64: Data Table on Online - Year-over-year growth 2024-2029 (%)
Exhibits65: Market opportunity by Distribution Channel ($ billion)
Exhibits66: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits68: Impact of drivers and challenges in 2024 and 2029
Exhibits69: Overview on criticality of inputs and factors of differentiation
Exhibits70: Overview on factors of disruption
Exhibits71: Impact of key risks on business
Exhibits72: Companies covered
Exhibits73: Company ranking index
Exhibits74: Matrix on companies position and classification
Exhibits75: Abdullah Al Othaim Markets Co. - Overview
Exhibits76: Abdullah Al Othaim Markets Co. - Business segments
Exhibits77: Abdullah Al Othaim Markets Co. - Key offerings
Exhibits78: Abdullah Al Othaim Markets Co. - Segment focus
Exhibits79: SWOT
Exhibits80: AL SADHAN - Overview
Exhibits81: AL SADHAN - Product / Service
Exhibits82: AL SADHAN - Key offerings
Exhibits83: SWOT
Exhibits84: Ali Hassan Al Dahan and Partner Co. Ltd. - Overview
Exhibits85: Ali Hassan Al Dahan and Partner Co. Ltd. - Product / Service
Exhibits86: Ali Hassan Al Dahan and Partner Co. Ltd. - Key offerings
Exhibits87: SWOT
Exhibits88: Azadea Group - Overview
Exhibits89: Azadea Group - Product / Service
Exhibits90: Azadea Group - Key offerings
Exhibits91: SWOT
Exhibits92: Balsharaf Group - Overview
Exhibits93: Balsharaf Group - Product / Service
Exhibits94: Balsharaf Group - Key offerings
Exhibits95: SWOT
Exhibits96: Bindawood Holding - Overview
Exhibits97: Bindawood Holding - Product / Service
Exhibits98: Bindawood Holding - Key offerings
Exhibits99: SWOT
Exhibits100: Cenomi Retail - Overview
Exhibits101: Cenomi Retail - Product / Service
Exhibits102: Cenomi Retail - Key offerings
Exhibits103: SWOT
Exhibits104: CHALHOUB GROUP - Overview
Exhibits105: CHALHOUB GROUP - Product / Service
Exhibits106: CHALHOUB GROUP - Key offerings
Exhibits107: SWOT
Exhibits108: Jarir Marketing Co. - Overview
Exhibits109: Jarir Marketing Co. - Product / Service
Exhibits110: Jarir Marketing Co. - Key offerings
Exhibits111: SWOT
Exhibits112: Lulu Group International - Overview
Exhibits113: Lulu Group International - Product / Service
Exhibits114: Lulu Group International - Key offerings
Exhibits115: SWOT
Exhibits116: M. H. Alshaya Co. WLL - Overview
Exhibits117: M. H. Alshaya Co. WLL - Product / Service
Exhibits118: M. H. Alshaya Co. WLL - Key offerings
Exhibits119: SWOT
Exhibits120: Majid Al Futtaim Holding LLC - Overview
Exhibits121: Majid Al Futtaim Holding LLC - Product / Service
Exhibits122: Majid Al Futtaim Holding LLC - Key offerings
Exhibits123: SWOT
Exhibits124: Nahdi Medical Co. - Overview
Exhibits125: Nahdi Medical Co. - Business segments
Exhibits126: Nahdi Medical Co. - Key offerings
Exhibits127: Nahdi Medical Co. - Segment focus
Exhibits128: SWOT
Exhibits129: Savola Group - Overview
Exhibits130: Savola Group - Product / Service
Exhibits131: Savola Group - Key offerings
Exhibits132: SWOT
Exhibits133: Tamimi Markets - Overview
Exhibits134: Tamimi Markets - Product / Service
Exhibits135: Tamimi Markets - Key offerings
Exhibits136: SWOT
Exhibits137: Inclusions checklist
Exhibits138: Exclusions checklist
Exhibits139: Currency conversion rates for US$
Exhibits140: Research methodology
Exhibits141: Information sources
Exhibits142: Data validation
Exhibits143: Validation techniques employed for market sizing
Exhibits144: Data synthesis
Exhibits145: 360 degree market analysis
Exhibits146: List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings