Saudi Arabia retail market is projected to grow at a CAGR of over 8% during the forecast period 2019-2024-Foodex Saudi
Saudi Arabia retail market is projected to grow at a CAGR of over 8% during the forecast period on account of growing culturally diversified population, presence of a highly stable market. Saudi Arabia retail market is segmented into Western, Northern & Central, Eastern and Southern. Among these regions, the Western region is expected to continue its dominance as the leading region in Saudi Arabia’s retail market.
Some of the major players operating in Saudi Arabia Retail market are Walmart Inc., Amazon Inc., Lulu Group, Carrefour UAE, Spinneys, Choithram, Abdullah Al-Othaim Markets Company, Al Raya, Al Sadhan, Fucom LLC, Balsharaf Group.
Source: TechSci Research