In 2023, the value of the e-commerce market in Saudi Arabia amounted to 8.7 billion U.S. dollars. This represented an increase from seven billion U.S. dollars of market value seen in the previous year.
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Saudi Arabia E-Commerce Market Report is Segmented by Type (B2C E-Commerce (Applications (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, Furniture and Home, Others (Toys, DIY, Media, Etc. )), and B2B E-Commerce). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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The size of the Saudi Arabia E-Commerce Market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 15.01% during the forecast period. The e-commerce market in Saudi Arabia is experiencing rapid growth, driven by increased internet penetration, a youthful population, and rising mobile device usage. As one of the largest economies in the Middle East, Saudi Arabia has a robust consumer base that’s transitioning from traditional shopping to online retail. The Vision 2030 initiative, aimed at diversifying the economy beyond oil, strongly supports the expansion of digital and e-commerce sectors. This initiative encourages foreign investments and develops infrastructure for e-commerce businesses, including improved logistics and payment systems, making the environment favorable for both local and international players. Recent developments include: February 2023: The online fashion retailer Namshi, which operated primarily in Saudi Arabia, was acquired by the e-commerce company Noon for a total cash consideration of USD 335.2 million, and this addition of more fashion and lifestyle brands to Noon's digital offering of goods and services in the country, December 2022: Sideup, an e-commerce platform developer, received USD 1.2 million in funding from local and international investors. The business was to use its investment funds to expand its operations in Saudi Arabia and shift its headquarters to Riyadh as part of its plans for Saudi Arabia.. Key drivers for this market are: Increase in Internet Penetration and Smartphone Usage, Promotion of E-commerce by the Government Sector, including Measures to Strengthen Last-Mile Delivery and Improvise Distribution Centers. Potential restraints include: Privacy and security concerns. Notable trends are: Fashion and Apparel Segment is Expected to Grow Exponentially.
In 2023, Saudi Arabia was the highest valued e-commerce market among the Gulf Cooperation Council countries, with a market size of about 8.7 billion U.S. dollars. United Arab Emirates came in second with e-commerce being valued at 7.5 billion U.S. dollars in the same year.
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The Middle East and Africa E-Commerce Market Report is Segmented by B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverage, Furniture and Home, and Others), B2B E-Commerce, and Country (the United Arab Emirates, Saudi Arabia, South Africa, and Rest of Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
What is the Size of Wine E-Commerce Market?
The wine e-commerce market size is forecast to increase by USD 13 billion, at a CAGR of 7.8% between 2024 and 2029. The market exhibits a significant luxurious appeal, as consumers increasingly prefer the convenience of purchasing table wines and spirits online. This trend is driven by the alcohol's social status and the growing aperitivo culture, where wine is enjoyed before meals as an appetizer. Wine economists forecast continued growth in this sector, with importers and commercial trade playing crucial roles. However, the market faces challenges, including the complex regulatory environment and the risk of sales to minors. These factors necessitate stringent compliance measures and strong security systems to ensure a reputable online shopping experience.
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Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.
Product Type
Still wine
Sparkling wine
Fortified wine
Flavor
Red wine
White wine
Rose wine
Geography
Europe
UK
France
Italy
North America
Canada
US
APAC
China
India
South America
Brazil
Middle East and Africa
Which is the Largest Segment Driving Market Growth?
The still wine segment is estimated to witness significant growth during the forecast period. In the realm of global wine e-commerce, the category of still wines refers to the online sales of non-carbonated vintages, encompassing red, white, and rose wines. This segment represents the largest share of the market due to the widespread popularity of still wines among consumers.
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The still wine segment was valued at USD 16.87 billion in 2019. The still wine segment showcases an extensive array of offerings from diverse regions and grape varieties, catering to a broad spectrum of preferences. From affordable and mass-produced options to premium and high-end labels, e-commerce platforms provide consumers with an extensive selection of still wines, enabling them to explore various choices from the comfort of their homes. Organic and premium wines, as well as alternatives in packaging, are also readily available on these platforms, catering to the evolving preferences of the modern wine consumer. Social drinkers and wine enthusiasts alike can indulge in the world of wine tourism through these online platforms, broadening their horizons and enhancing their wine knowledge.
Which Region is Leading the Market?
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Europe is estimated to contribute 53% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The European wine e-commerce market is a significant sector, driven by the region's status as the world's largest wine producer. Countries like France, Italy, and Spain lead in grape cultivation, contributing to the production of Still wine, Red wine, White wine, Rose wine, and Fortified wine, including Sparkling wine. European markets for Sparkling wine are growing, with countries such as Norway, Sweden, Finland, Denmark, Germany, the UK, Switzerland, and Austria being major importers. The increasing preference for Sparkling wine is propelling the expansion of the regional wine e-commerce industry. Notable European e-commerce platforms specializing in wine include Vinatis and Wine in Black (Viva Wine and Spirits Ab).
How do Technavio's company ranking index and market positioning come to your aid?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Bright Cellars Inc. - The company offers wines such as premium wine, sparkling wines, low alcohol and low sugar wines through its online platform.
Technavio provides the ranking index for the top 20 companies along with insights on the market positioning of:
Costco Wholesale Corp.
DRINKS Insiders LLC
E vino Comercio de Vinhos SA
Flaviar Inc.
Fratelli Wines Pvt. Ltd.
Gifts Inc.
GoBrands Inc.
IBEROWINE GOURMET S.C.
Living Liquidz
Naked Wines plc
RESERVEBAR HOLDINGS CORP.
Retail Services and Systems Inc.
SNAP41 Inc.
The Wine Emporium
Uber Technologies Inc.
VINELLO retail GmbH
Vintage Wine Estates Inc.
Vivino Inc.
Wine Inc.
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How can Technavio Assist you in Making Critical Decisions?
What is the Market Structure and Y
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The size of the MENA Retail Market was valued at USD XX USD Billion in 2023 and is projected to reach USD XXX USD Billion by 2032, with an expected CAGR of 7.12% during the forecast period. The MENA (Middle East and North Africa) retail market refers to the sector of the economy that deals with the sale of goods and services to consumers in this diverse and dynamic region. Encompassing a wide geographical area that includes countries like Saudi Arabia, the UAE, Egypt, Qatar, Morocco, and others, the MENA retail market is influenced by a unique blend of cultural, economic, and technological factors. The retail industry in MENA has witnessed substantial growth over the past few years, driven by a young, tech-savvy population, rising disposable incomes, and evolving consumer preferences. The region is home to a growing middle class, and the increased urbanization in major cities like Dubai, Cairo, and Riyadh has created opportunities for both traditional brick-and-mortar retail stores and digital commerce platforms. This growth is predominantly driven by factors such as the increasing penetration of e-commerce, rising disposable incomes, and the growing population in the region. Additionally, government initiatives to promote retail development, such as the Saudi Vision 2030, are expected to contribute to the market's expansion. Recent developments include: May 2024: Alshaya Group, a Kuwait-based franchise operator, announced the inauguration of a new outlet 'Hampton by Hilton' in Kuwait. The outlet showcases 110 modern and stylishly designed bedrooms, with modern amenities, including a complementary hot breakfast and a fully-equipped gym., May 2024: Al-Futtaim, a Dubai, UAE-based conglomerate, launched its IKEA brand at Dalma Mall in Abu Dhabi, UAE. The launch of this store aimed to cater to the needs and tastes of the local community., March 2024: Lulu Group International, an Abu Dhabi, UAE-based multinational conglomerate, inaugurated its new hypermarket in Dubai Outlet Mall. The new outlet features different products under various segments, including fresh food, grocery, bakery, dairy, electronics, and home appliances., November 2023: CHALHOUB GROUP, a Dubai, UAE-based luxury goods distributor, established a partnership with Inter Parfums, Inc., a perfume distributor in the UAE, Kuwait, Saudi Arabia, Egypt, and Bahrain. This partnership encourages CHALHOUB GROUP to expand its presence for fragrance products in the Middle East region., April 2023: BinDawood Stores, a Saudi Arabia-based distributor, announced its plans to open around 6-7 new supermarkets, hypermarkets, and express stores in the same year. The company aimed to expand its presence in the main cities of Saudi Arabia.. Key drivers for this market are: Improving Infrastructural Facilities to Fuel Market Growth. Potential restraints include: Improving Infrastructural Facilities to Fuel Market Growth. Notable trends are: Improving Infrastructural Facilities to Fuel Market Growth.
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The Saudi Arabia ICT market is expanding rapidly, driven by several factors, including the government's Vision 2030 plan, which aims to transform the country into a digital hub. The market is expected to grow at a CAGR of 8.49% during the forecast period (2025-2033), reaching a value of 50.60 million by 2033. Key drivers include the increasing adoption of cloud computing, big data analytics, and artificial intelligence (AI), as well as the government's initiatives to promote digital transformation across industries. The market is segmented by type (hardware, software, IT services, and telecommunication services), size of enterprise (small and medium enterprises, large enterprises), and industry vertical (BFSI, IT and telecom, government, retail and e-commerce, manufacturing, energy and utilities, other industry verticals). The telecommunication services segment is expected to hold the largest share of the market, driven by the growing demand for mobile and broadband services. The BFSI sector is expected to be the largest industry vertical, followed by IT and telecom, government, and retail and e-commerce. The market is concentrated with major players such as Etihad Etisalat Company (Mobily), DELL Technologies INC, and Accenture PLC. Recent developments include: December 2023 - Alliance Networks, a digital infrastructure service provider, and Salam partnered to offer seamless, high-capacity connectivity to businesses in the Gulf Cooperation Council (GCC) region and beyond. They will integrate Salam’s network infrastructure, including data centers and international subsea cables, with Alliance Networks’ regional presence and commercial partnerships., November 2023 - Trend Micro Incorporated, capitalizing on its partnership with Saudi Cloud Computing Company (SCCC) Alibaba Cloud, to introduce the Trend Vision One SOCaas (Security Operation Centre as a service), Advanced MXDR in the Kingdom of Saudi Arabia. This new phase marks a continuation of the companies’ commitment to providing comprehensive, vendor-direct cybersecurity services in the Kingdom of Saudi Arabia.. Key drivers for this market are: Growth of the Digital Economy, Robust Adoption of 5G Networks Across the Country; Increasing Usage of the Internet of Things (IoT) and Cloud Services. Potential restraints include: Lack of Skilled Workforce in the Country. Notable trends are: Energy and Utilities to Witness Major Growth.
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Saudi Arabia Maritime Less-than Container Load Freight Forwarding Market size was valued at USD 0.14 Billion in 2023 and is projected to reach USD 0.18 Billion by 2030, growing at a CAGR of 3.06% from 2024 to 2030.
Saudi Arabia Maritime Less-than Container Load Freight Forwarding Market Outlook
The e-commerce sector in Saudi Arabia has been experiencing rapid growth in recent years. Factors such as increased internet penetration, a young population, and government support have contributed to this growth. The rise of e-commerce platforms, both local and international, has led to a surge in online retail sales. This has resulted in increased demand for efficient logistics and freight forwarding services, including LCL shipments. E-commerce in Saudi Arabia is experiencing steady growth, with the total number of registered firms reaching 36,330 in the third quarter of 2023, an annual increase of 12%. Riyadh topped the list with 14, followed by Makkah at 9,275 and the Eastern Province at 5,866.
The growth in registrations is primarily attributed to the emergence of technology-driven sectors, including fintech, telemedicine, and custom software development. The retail industry in Saudi Arabia has been dramatically impacted by the proliferation of e-commerce, with online sales increasing almost 60% annually across all categories. The most vital e-commerce position is in the media products and apparel and footwear segments. Cross-border trade has expanded significantly in recent years, driven by globalization, trade liberalization efforts, and advancements in logistics and transportation infrastructure. This growth has opened opportunities for freight forwarders in Saudi Arabia, particularly those specializing in maritime LCL shipments, as businesses engage in international trade.
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Saudi Arabia's Third-Party Logistics (3PL) market is anticipated to exhibit a robust CAGR of 6.38%, reaching a substantial market size of 17.40 million by 2033. The market's growth is primarily driven by the burgeoning e-commerce sector, rising industrial output, and increasing demand for efficient supply chain management solutions. This market is expected to witness significant growth opportunities in the coming years as businesses seek to outsource their logistics operations to optimize efficiency and reduce costs. Key market trends include the increasing adoption of advanced technologies such as artificial intelligence (AI), blockchain, and IoT for enhanced supply chain visibility and optimization. Additionally, the growing focus on sustainability is driving the adoption of eco-friendly logistics solutions. The market is highly competitive, with established players like BAFCO International, Camels Party Logistics, and Motion Supply Chain, along with numerous other local and regional providers. These companies are focusing on expanding their service offerings, investing in technology, and forming strategic partnerships to cater to the evolving needs of the industry. Recent developments include: December 2023: Omniful, a company that offers an order management system to third-party logistics, raised USD 5.85 million in seed funding led by VentureSouq. It will use the funds to improve its platform, which is called plug-and-play. Omniful's cloud platform, known for its flexibility and configurable features, can be configured to suit your needs. Its API-first strategy facilitates smooth integration with various global and local e-commerce platforms, marketplaces, ERP systems, POS systems, and shipping tech stacks., March 2023: One of the leading players, DHL, signed an end-to-end procurement and logistics hub joint venture with Saudi giant Saudi Aramco. This joint undertaking aims to enter operations in 2025 and provide a wide range of integrated supply chain and procurement services for companies from all sectors, including industry, energy, chemicals, and petrochemicals. The joint venture will focus on Saudi Arabia to grow across the Middle East and North Africa., May 2023: Aramex, one of the leading 3PL players in the region, signed a strategic partnership with AD Ports Group, the leading facilitator of global trade and logistics, to operate and develop a new non-vessel operating common carrier (NVOCC) enterprise. In the joint venture, Aramex has a stake of 49% and will further enhance and develop shipping connectivity across the GCC, Indian, and East and West African markets with a target of 10,000 containers in the short term and intends to increase the number of containers in the medium- to long-term.. Key drivers for this market are: Increasing Cross-Border Trade, Development of Transportation Infrastructure in the Country; Establishment of Special Economic Zones. Potential restraints include: High Cost of 3PL Services, Skilled Labor Shortages. Notable trends are: Growth in E-commerce Boosting the Demand for 3PL Services.
Saudi Arabia Food Retail Market Size 2025-2029
The Saudi Arabia food retail market size is forecast to increase by USD 18.05 billion, at a CAGR of 5.9% between 2024 and 2029.
The Saudi Arabian food retail market is experiencing steady growth, driven by shifting consumer preferences and advancements in technology. Demand for healthier, sustainable options like organic and plant-based foods reflects changing buying habits, while e-commerce and digital tools are reshaping how businesses reach customers and streamline operations. Additionally, digital advancements are also shaping the industry, as retailers adopt technologies such as mobile applications, online ordering, and contactless payments to enhance the shopping experience and optimize their operations.
This report delivers actionable insights, including market size, growth forecasts through 2029, and analysis of key segments like grocery and specialty retail. It highlights the rise of online food retail as a major trend, alongside challenges such as intense competition among local and multinational players.
For businesses aiming to refine strategies, enhance client engagement, or optimize supply chains, this report offers a clear view of the global food retail landscape. Its data-driven approach helps companies navigate evolving trends and tackle competitive pressures to stay ahead in a dynamic market
What will be the Size of the market During the Forecast Period?
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The food retail market continues to evolve, with online-grocery sales experiencing significant growth due to consumer polarization towards convenience and contactless shopping. Supermarkets, including Whole Foods, adapt by implementing delivery models such as curbside pickup and direct-to-door services. The food cupboard segment, characterized by small, convenience stores, also thrives in urban areas. Advanced technologies, sustainable practices, and strategic acquisitions are key strategies for market differentiation. Environmental regulations and consumer preferences for healthier foods, especially among Generation Z and millennials, influence product offerings. The beverages segment and online delivery channel further expand, driven by consumer tech adoption and economic recovery. Grocery CEOs partner with merchandising and category management teams to optimize strategy, utilizing senior partners in consumer tech and store operations for advanced analytics and consumer behavior insights. Prices and budgets remain value-conscious, with a focus on sustainability and e-commerce.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
End-user
Offline
Online
Packaging
Flexible
Semi-rigid
Rigid
Geography
Saudi Arabia
By End-user Insights
The offline segment is estimated to witness significant growth during the forecast period. In Saudi Arabia, traditional shopping experiences continue to hold significance for consumers when it comes to purchasing groceries and food items. The cultural appeal of local markets (souks) and brick-and-mortar grocery stores persists, fueling the expansion of offline food retail. Consumers prefer this shopping method to personally inspect the freshness, quality, and appearance of perishable goods, such as fruits, vegetables, and meats. As urbanization increases, the demand for large-format retail stores like hypermarkets rises to accommodate the needs of urban consumers. This trend is driven by the convenience and wide selection these stores offer. Despite the rise of e-commerce, physical stores remain a preferred choice for many value-conscious consumers seeking a more personalized shopping experience.
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Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers for the Saudi Arabia Food Retail industry?
The expansion of hypermarkets and supermarkets in Saudi Arabia is the key driver of the market. The online grocery sales sector is experiencing significant growth due to consumer polarization towards convenience and sustainability. With the rise of millennials and Generation Z consumers, there is a growing demand for advanced technologies such as curbside pickup, direct-to-door delivery, and sustainable practices in the supermarket business. Environmental regulations and consumer behavior are driving the supermarket industry to adopt advanced analytics and merchandising strategies. The beverages segment is a notable area
A2A payments in the Middle East and Africa focus around Nigeria and South Africa, while market shares are lower in Saudi Arabia and the UAE. This is according to a market model that was repeated over several years for different individual countries across the Middle East and Africa. The source did not add other countries besides the four listed here. It adds that real-time payments are likely to keep developing account-to-account payments in the next years. For a country like Nigeria, for example, this may refer to the Nigeria Inter-Bank Settlement System, or NIBSS, system - one of the largest real-time (instant) payment systems in the world.
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Middle East digital marketing software market size is projected to exhibit a growth rate (CAGR) of 14.30% during 2024-2032. The increasing emphasis on data-driven decision-making in marketing strategies, which has fueled the demand for tools that can analyze and interpret large sets of data, is driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2023 |
Forecast Years
| 2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) | 14.30% |
Digital marketing software refers to a range of tools designed to streamline and enhance online marketing efforts. It encompasses various applications that help businesses plan, execute, and analyze their digital marketing campaigns across channels such as social media, email, SEO, and more. These platforms often include features for campaign management, analytics, automation, and customer relationship management (CRM). Popular digital marketing software options include HubSpot, Adobe Marketing Cloud, and Mailchimp. These tools empower marketers to create targeted and personalized campaigns, track performance metrics, automate repetitive tasks, and improve overall efficiency. By leveraging digital marketing software, businesses can optimize their online presence, engage with their target audience, and ultimately drive better results in the highly competitive digital landscape.
The digital marketing software market in the Middle East is experiencing robust growth, propelled by several key drivers. Firstly, the escalating reliance on online platforms and the proliferation of e-commerce have created an imperative for businesses to establish a formidable digital presence. Consequently, companies are increasingly investing in digital marketing solutions to enhance their online visibility and engage with a broader audience. Moreover, the rising significance of data-driven decision-making has fueled the demand for digital marketing software. By leveraging sophisticated analytics and artificial intelligence, businesses can gain valuable insights into consumer behavior, enabling them to tailor marketing strategies with unprecedented precision. Additionally, the expanding scope of social media as a marketing channel has contributed to the surge in demand for comprehensive digital marketing solutions that can seamlessly integrate with various platforms. Furthermore, the intensifying competition in the regional business landscape has accentuated the need for effective CRM tools. Digital marketing software, equipped with CRM functionalities, empowers organizations to cultivate lasting relationships with their customer base. As businesses recognize the transformative potential of these tools, the digital marketing software market in the Middle East is poised for sustained growth, driven by the synergistic interplay of these multifaceted factors.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on component, deployment type, organization size, and end use.
Component Insights:
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The report has provided a detailed breakup and analysis of the market based on the component. This includes solution (customer relationship management (CRM), email marketing, social media, search marketing, content management, marketing automation, campaign management, and others) and services (professional services and managed services).
Deployment Type Insights:
A detailed breakup and analysis of the market based on the deployment type have also been provided in the report. This includes on-premises and cloud-based.
Organization Size Insights:
The report has provided a detailed breakup and analysis of the market based on the organization size. This includes large enterprises and small and medium-sized enterprises (SMEs).
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes media and entertainment, manufacturing, retail, BFSI, information technology, healthcare, and others.
Country Insights:
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The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, Turkey, Israel, United Arab Emirates, Iran, Iraq, Qatar, Kuwait, Oman, Jordan, Bahrain, and Others.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and |
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The Saudi Arabia ICT Market Report is Segmented by Type (hardware, Software, IT Services, and Telecommunication Services), Size of the Enterprise (small and Medium Enterprises, Large Enterprises), Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-Commerce, Manufacturing, and Energy and Utilities), and by Geography (North, South, East, and West). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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The GCC Textile Market size was valued at USD 11.20 Billion in 2024 and is projected to reach USD 21.40 Billion by 2032, growing at a CAGR of 8.4% from 2025 to 2032.
Key Market Drivers:
Rising Consumer Demand for Fashion and Apparel: The UAE Government’s 2022 report shows a 7.3% increase in retail sales in the fashion segment in 2022, driven by a growing population and changing lifestyles. The young, affluent demographic’s demand for luxury and mass-market clothing has created a strong textile market. As disposable incomes rise and fashion trends become more diverse, the market is expected to expand further.
Expansion of Retail and E-commerce Channels: The Saudi Arabian Ministry of Commerce predicts a 9.2% CAGR in online retail sales for the GCC textile market from 2023 to 2026. The rise in e-commerce has boosted demand for textiles, particularly in apparel and home textiles. The growing number of international and local fashion retailers also presents opportunities for market growth.
Islamic Clothing Market Size 2025-2029
The Islamic clothing market size is forecast to increase by USD 59.2 billion, at a CAGR of 9.1% between 2024 and 2029.
The market, encompassing apparel, sports apparel, swimwear, and ethnic wear, is experiencing significant growth in the digital realm. Key drivers include the rise in product visibility and accessibility through e-commerce platforms, as well as the increasing adoption of omni-channel retailing. However, challenges persist, such as the availability of counterfeit Islamic clothing items online. Brands and retailers must prioritize logistics and security measures to ensure authenticity and customer satisfaction. In the US and North American markets, labels specializing in Islamic clothing continue to expand their online presence, catering to the needs of a growing consumer base seeking modest and culturally appropriate attire. The use of technology, including computers and mobile devices, facilitates seamless shopping experiences for this demographic.
What will be the Size of the Islamic Clothing Market During the Forecast Period?
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The market, also known as the Muslim consumer segment within the Islamic fashion industry, caters to the unique needs and preferences of the global Islamic population. This market encompasses a diverse range of apparel, including abayas, hijabs, prayer outfits, thobes, jubbas, and various forms of head coverings such as the burqa and niqab. The market's growth is driven by the increasing global Islamic population, which is projected to reach 2.2 billion by 2030, and the rising demand for modest fashion that adheres to Islamic dress codes. Online retail distribution channels have significantly influenced the market's expansion, providing convenience and accessibility to consumers.
The lifestyle apparel sector, which includes sportswear for both Islamic men and women, has also gained traction due to the growing interest in health and fitness. Multinational fashion brands have increasingly entered this market, recognizing the potential for consumer investments and product consumption. Despite the growth, challenges persist, including negative reviews and the need for improved product quality and authenticity. Overall, the market continues to evolve, reflecting the diverse needs and preferences of its global consumer base.
How is this Islamic Clothing Industry segmented and which is the largest segment?
The Islamic clothing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Ethnic wear
Sustainable fashion
Sports wear
End-user
Islamic women
Islamic men
Distribution Channel
Online
Offline
Geography
Middle East and Africa
Egypt
Nigeria
APAC
India
South Korea
Europe
North America
US
South America
By Product Insights
The ethnic wear segment is estimated to witness significant growth during the forecast period.
The market caters to the unique needs of Muslim consumers, offering apparel that adheres to Islamic principles. This market encompasses various segments, including abayas, hijabs, prayer outfits, burqas, and niqabs for women, and thobes, jubbas, and sports and fitness wear for men. The Muslim population, estimated at 1.8 billion, presents a significant potential customer base for this industry. Islamic fashion industry growth is driven by cultural and lifestyle factors, particularly in Muslim majority economies. Younger generations are increasingly embracing innovative clothing designs that blend traditional Islamic clothing with contemporary styles, creating a demand for modest fashion wear. Ethnic wear, a popular segment, is particularly sought after during cultural events and significant occasions.
The sports industry also presents opportunities for the market growth, with the increasing popularity of sports hijabs. Consumer investments in sustainable fashion are also influencing the industry. Multinational fashion brands and high street brands are increasingly catering to this market, offering a range of options from luxury to affordable prices. E-commerce platforms are facilitating online retail distribution, addressing logistical issues and expanding market reach.
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The ethnic wear segment was valued at USD 69.50 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 39% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The GCC International Express Service Market is experiencing robust growth, driven by the region's burgeoning e-commerce sector, expanding logistics infrastructure, and increasing cross-border trade. A compound annual growth rate (CAGR) exceeding 4% indicates a consistently expanding market, projected to reach significant value by 2033. Key drivers include the rapid adoption of online shopping, particularly in the UAE and Saudi Arabia, fueling demand for swift and reliable international shipping solutions. Furthermore, government initiatives aimed at diversifying economies and attracting foreign investment contribute to increased trade volumes, further stimulating market expansion. The market is segmented by shipment weight (light, medium, heavy) and end-user industry (e-commerce, BFSI, healthcare, manufacturing, primary industry, wholesale/retail, others), offering diverse opportunities for service providers. While challenges such as geopolitical instability and fluctuating fuel prices may act as restraints, the overall positive economic outlook and advancements in technology (such as automated sorting and delivery optimization) are expected to mitigate these effects, maintaining a strong growth trajectory. The competitive landscape is characterized by a mix of global giants like UPS, FedEx, and DHL, alongside regional players such as Aramex and national postal services. These companies are continuously investing in infrastructure improvements, technological upgrades, and strategic partnerships to enhance their service offerings and cater to the evolving needs of customers. The market's regional distribution likely reflects the varying levels of economic development and e-commerce penetration across the GCC countries. Areas with higher GDP per capita and advanced digital infrastructure tend to have a larger share of the market. Future growth will likely be influenced by factors such as the continued expansion of e-commerce, government regulations impacting logistics, and the adoption of innovative technologies within the express delivery sector. Sustained focus on enhancing delivery speed, reliability, and tracking capabilities will be crucial for companies seeking to thrive in this competitive and expanding market. Recent developments include: April 2023: Qatar Post ordered a new parcel sortation system based on autonomous mobile robot (AMR) technology developed and supplied by Libiao Robotics to improve its sortation systems used within parcel service operations.March 2023: Aramex signed a joint venture with AD Ports Group, one of the leading global trade, logistics, and industry facilitators, to develop and operate a new Non-Vessel Operating Common Carrier (“NVOCC”) enterprise.February 2023: Aramex's annual net profit dropped by 27% to USD 45.02 million due to currency fluctuations in certain markets, primarily in Lebanon and Egypt. Its 2022 revenue was broadly in line with 2021, while Q4 2022 revenue decreased 5% to USD 0.416 billion.. Key drivers for this market are: 4., Increasing production of chemical and allied products driving the market4.; Rising demand for green warehouses. Potential restraints include: 4., Stringent Rules and Regulations4.; Higher Costs. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
Hummus Market Size 2025-2029
The hummus market size is forecast to increase by USD 3.49 billion at a CAGR of 13.5% between 2024 and 2029.
The market is witnessing significant growth, driven by the increasing popularity of this healthy snack among consumers. The introduction of innovative packaging, such as pouches, has made hummus more convenient for consumers, leading to an increase in demand. Additionally, the market is benefiting from the growing trend of incorporating natural ingredients, such as garlic, spices, lime, and antioxidant-rich fruits like blueberries, into hummus recipes. Olive oil and chickpeas remain the key ingredients, while tahini adds a distinctive flavor and texture. Moreover, the rising demand for healthy snack options, particularly in convenience stores and e-commerce channels, is fueling market growth.
Hummus is a rich source of vitamins, protein, and essential nutrients, making it a preferred choice for health-conscious consumers. The market is also witnessing the introduction of new flavors, such as garlic and spiced hummus, catering to diverse consumer preferences. Despite challenges such as raw material supply shortages and natural calamities, the market is expected to continue its growth trajectory.
What will be the Size of the Hummus Market During the Forecast Period?
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The market exhibits strong growth, driven by increasing consumer preference for plant-based options and the expanding popularity of Mediterranean cuisine. This market encompasses various types, including classic chickpea hummus, lentils, garlic, black, white bean, and tahini dips. Hummus caters to diverse dietary needs, such as vegan diets and veganism, making it a staple for environmental sustainability-conscious consumers. Functional ingredients, like herbs and spices, such as turmeric, lavender, lime, blueberry, and others, add unique flavors and immunity attributes to hummus. Single-serve cups and convenient packaging enhance hummus' appeal as a healthy snack for millennials. The market's sizeable growth can be attributed to hummus' health-beneficial attributes, including proteins, fiber, antioxidants, vitamins, and various nutritional constituents.
Hummus' versatility as a plant-based dip option, its long shelf-life, affordability, and taste make it a preferred fridge staple for consumers. The market's direction remains positive, with continued innovation in flavors, packaging, and functional ingredients.
How is this Hummus Industry segmented and which is the largest segment?
The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Sauces and dips
Pastes and spreads
Others
Type
Classic hummus
Lentil hummus
Others
Packaging
Jars
Tubs
Pouches
Distribution Channel
Offline
Online
Geography
North America
Canada
US
Europe
Germany
UK
France
Italy
Spain
APAC
Middle East and Africa
South America
By Application Insights
The sauces and dips segment is estimated to witness significant growth during the forecast period.
Hummus, a popular plant-based dip originating from Mediterranean cuisine, has gained significant market traction due to its perceived health benefits. Rich in proteins, fiber, antioxidants, vitamins, and nutritional constituents, hummus is a preferred choice for consumers following vegan diets or veganism. The dip's natural ingredients, including chickpeas, garlic, lemon, and olive oil, align with the increasing demand for food products with functional ingredients and immunity attributes. Hummus is available in various flavors such as organic, Classic Hummus, Lentil Hummus, Garlic Hummus, Black Hummus, White bean Hummus, and others. Single-serve cups and gluten-free options further enhance its convenience and appeal. The affordability and health-beneficial attributes make hummus a staple in American households, surpassing other dipping options.
Herbs and spices like turmeric, lavender, lime, blueberry, and others add to its taste and versatility. With a long shelf-life and growing consumer attention towards plant-based snacks, hummus continues to be a popular and nutritious choice for millennials and health-conscious individuals.
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The sauces and dips segment was valued at USD 953.30 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 30% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the for
Consumers in emerging countries were more excited for virtual reality or augmented reality during online shopping than those from the United States. This reveals itself when comparing responses given in Statista's Consumer Insights from consumers in different countries in the world. Excitement was especially high in the MENA (Middle East and North Africa) and Southeast Asia regions, with one third of respondents from Vietnam and Saudi Arabia voicing their interest in AR or VR. The figures provided here are an addition to a different consumer survey on the need for virtual reality or augmented reality in e-commerce, which mostly focuses on Europe and the United States.
Commercial Beverage Dispensers Market Size 2025-2029
The commercial beverage dispensers market size is forecast to increase by USD 242.9 million at a CAGR of 5.1% between 2024 and 2029.
The commercial beverage dispenser market in North America is witnessing significant growth due to several key trends. The increasing popularity of soft drinks, tea, alcoholic beverages, juices, and other non-alcoholic beverages In the food service industry is driving market demand. companies are focusing on developing commercial beverage dispensers with advanced features such as mobile app integration and data analytics capabilities. The growing online presence of companies and the increasing adoption of digital technologies like mobile applications and e-commerce platforms are also contributing to market growth. Furthermore, the demand for stainless steel, glass, and plastic commercial beverages dispensers for dispensing beverages like coffee, lemonade, smoothies, beer, wine, spirits, and snacks is increasing.
What will be the Size of the Commercial Beverage Dispensers Market During the Forecast Period?
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The commercial beverage dispenser market encompasses a diverse range of equipment used by food operators to dispense various beverages, including juices, soft drinks, carbonated drinks, natural teas, fruit-infused water, and low-calorie options. Market growth is driven by consumer preferences for healthy alternatives and the increasing popularity of energy-efficient technologies, recyclable materials, and smart dispensers.
These advanced systems offer features such as automatic temperature control, real-time monitoring, data analytics, and mobile apps, enhancing the user experience. Beverage dispensers come in various forms, including mechanical and electronic devices, and can be made of heat-resistant polycarbonate materials. They are designed to dispense liquids from a reservoir or container through a dispensing mechanism, with some models capable of serving mixed drinks and even recipe dispensing. Refrigeration and heating capabilities cater to a wide range of beverage types, from cold juices and soft drinks to hot teas and carbonated soft drinks.
How is this Commercial Beverage Dispensers Industry segmented and which is the largest segment?
The commercial beverage dispensers industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Refrigerated
Uninsulated
Insulated
Material
Stainless steel
Glass and acrylic
Plastic
Others
Geography
Europe
Germany
UK
France
APAC
China
India
South Korea
North America
Canada
US
South America
Middle East and Africa
By Product Insights
The refrigerated segment is estimated to witness significant growth during the forecast period.
Commercial refrigerated beverage dispensers are essential equipment In the foodservice industry for storing and dispensing chilled beverages such as juices, lemonades, iced teas, and slushies. Self-service options offered by these dispensers minimize labor requirements and wastage. The increasing preference for chilled beverages and the need to maintain a safe serving temperature are key market drivers. The foodservice industry's growth, including quick-service restaurants (QSRs), meal delivery services, and local tastes, fuels market expansion. Beverage choices range from cold beverages like carbonated soft drinks, water, tea, coffee, and juices to hot beverages like coffee and alcoholic drinks. Dispensers come in various materials, including plastic and stainless steel, with flavor selections catering to diverse tastes.
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The refrigerated segment was valued at USD 737.10 million in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
Europe is estimated to contribute 34% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Commercial beverage dispensers are increasingly popular in Europe's foodservice industry, offering multiple beverage options in various formats and flavors. Low-calorie soft drinks, fruit-infused water, natural teas, and energy-efficient technologies are among the trends driving market growth. Companies such as Coca Cola European Partners (CCEP) are responding to consumer preferences by installing commercial beverage dispensers that allow customization of beverages. These dispensers offer a range of beverages, including cold beve
In 2023, the value of the e-commerce market in Saudi Arabia amounted to 8.7 billion U.S. dollars. This represented an increase from seven billion U.S. dollars of market value seen in the previous year.