Clothing & footwear Retailing in Saudi Arabia, Market Shares, Summary
and Forecasts to 2022Summary
"Clothing & footwear Retailing in Saudi Arabia, Market Shares, Summary
and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Saudi Arabia retail environment. In addition, it analyzes the key consumer trends influencing Saudi Arabia clothing and footwear industry.
Sales are projected to increase from SR75.2 billion in 2017 to SR117.4 billion in 2022.
What else does this report offer?
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in clothing and footwear category group with their product proposition analysis and market positioning in 2017 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in clothing and footwear sector
- Qualitative and quantitative insights of changing retail dynamics in clothing and footwear sector.Scope
- Saudi Arabia retail market is forecasted to grow at a CAGR of 7.3% during 2017-2022
- Large young population and growing female workforce to fuel growth in the sector
- Government initiatives and rising consumer confidence set to drive growth
- Specialists is the largest channel; however, online produces the fastest growth
- As online penetration doubles, online sales are set to triple during 2017-2022
- International brands expand both physical and online business due to growing demand
- Zara produced the fastest growth in 2017 supported by a growing store count.Reasons to buy
- Gain a comprehensive knowledge on clothing and footwear sector in the Saudi Arabia retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behavior trends in clothing and footwear category to identify the best opportunities to exploit
- Understand the fastest growing categories including menswear, womenswear, childrenswear, mens footwear, womens footwear and childrens footwear in the market
- Analysis of key international and domestic players operating in the clothing and footwear market
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the clothing and footwear market.
Publisher Name : GlobalData