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The Saudi Arabia E-Commerce Market Report is Segmented by Business Model (B2B, and B2C), Product Category for B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, and More), Payment Mode for B2C E-Commerce (Credit/Debit Cards, Mobile Wallets, and More), and Device Type for B2C E-Commerce (Smartphone, Desktop/Laptop, and More). The Market Forecasts are Provided in Terms of Value (USD).
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Saudi Arabia E-Commerce Market earned revenues of USD 16.1 billion in 2024 and estimated to touch USD 41.3 billion in 2032, expanding at a CAGR of 12.5% till 2032
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Discover Saudi Arabia's e-commerce market, projected to grow from USD 2 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 12%.
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Saudi Arabia E-Commerce Market size was valued at USD 21.3 Billion in 2024 and is projected to reach USD 56.6 Billion by 2032, growing at a CAGR of 13% from 2026 to 2032.Saudi Arabia E-Commerce Market DriversThe Saudi Arabia E-commerce Market is experiencing explosive growth, fueled by a young, tech-savvy population and government initiatives. Here's a breakdown of the key market drivers and restraints:Market Drivers:Young and Tech-Savvy Population:Saudi Arabia has a predominantly young population with high internet and smartphone penetration rates.This demographic is highly receptive to online shopping and digital services.Government Initiatives and Vision 2030:The Saudi government's Vision 2030 aims to diversify the economy and promote digital transformation.Government initiatives supporting e-commerce development, digital payments, and logistics infrastructure are key drivers.Increasing Internet and Mobile Penetration:High internet and mobile penetration rates provide a large and growing customer base for online retailers.Mobile commerce (m-commerce) is particularly strong in the region.Rising Disposable Incomes:Increasing disposable incomes are driving consumer spending on online purchases, particularly for discretionary items.
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TwitterIn 2023, the value of the e-commerce market in Saudi Arabia amounted to *** billion U.S. dollars. This represented an increase from ***** billion U.S. dollars of market value seen in the previous year.
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Discover the latest eCommerce statistics in Saudi Arabia for 2025, including store count by category and platform, estimated sales amount by platform and category, products sold by platform and category, and total app spend by platform and category. Gain valuable insights into the retail landscape in Saudi Arabia, uncovering the distribution of stores across categories and platforms.
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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. 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.
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TwitterThis statistic presents the market size of the e-commerce industry in Saudi Arabia from 2014 to 2017. In 2017, the e-commerce market size in Saudi Arabia amounted to ************* U.S. dollars, compared to *********** U.S. dollars in 2014.
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Saudi Arabia e-commerce market is expected to grow from USD 16.3 billion in 2025 to USD 36.6 billion by 2032, expanding at a robust 12.3% CAGR during 2026–2032.
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This chart provides a detailed overview of the number of Saudi Arabia online retailers by Monthly Sales. Most Saudi Arabia stores' Monthly Sales are Less than $100.00, there are 14.58K stores, which is 99.27% of total. In second place, 62 stores' Monthly Sales are $100.00K to $1.00M, which is 0.42% of total. Meanwhile, 28 stores' Monthly Sales are $10.00M to $100.00M, which is 0.19% of total. This breakdown reveals insights into Saudi Arabia stores distribution, providing a comprehensive picture of the performance and efficient of online retailer.
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TwitterThe market size of the e-commerce industry in Saudi Arabia was expected to grow from ** billion U.S. dollars in 2020, to reach ** billion U.S. dollars by 2025 after the adjustments for the effect of the COVID-19 pandemic on e-commerce. From 2020 to 2022, there was an expected additional *** percent annual market growth due to COVID-19 in the Gulf Cooperation Council (GCC) region.
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Discover the booming Saudi Arabia e-commerce market! Our in-depth analysis reveals a $24.94B market in 2025, growing at 12.10% CAGR. Explore key drivers, trends, and challenges impacting Amazon, Noon, and other major players. Get insights into B2C & B2B segments. Recent developments include: October 2024: Mastercard has implemented a new technology infrastructure in Saudi Arabia, enabling local processing of e-commerce transactions. The firm states that this system is designed to offer secure and efficient payment services for both Mastercard partners and consumers. Furthermore, it aligns with the Kingdom’s ambition to broaden its digital commerce landscape.September 2024: TBS Holding, a company specializing in the food industry, announced its plans to establish new partnerships in Africa and Saudi Arabia to enhance e-commerce. The company's participation in Seamless 2024 aims to engage with other companies, explore new customer segments, and focus on artificial intelligence technologies in e-commerce services amidst the evolving landscape in the Middle East and Africa. This focus on supporting digital transformation and e-commerce services will boost the company's profitability.. 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: 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. Notable trends are: Increased Internet Penetration and Smartphone Usage Drives the Market.
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The Saudi Arabia E-Commerce Logistics Market report segments the industry into By Service (Transportation, Warehousing Inventory Management, Value-Added Services (Labelling, Packaging)), By Business (B2B, B2C), By Destination (Domestic, International), and By Product (Fashion and Apparel, Consumer Electronics, Home Appliances, Furnniture, Beauty and Personal Care Products, Other Products (Toys. Food Products)).
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This chart illustrates the estimated sales amounts generated by stores on various platforms within Saudi Arabia. Magento shows a significant lead, with total sales amounting to $1.08B, which constitutes 40.99% of the region's total sales on platforms. Custom Cart reports sales of $953.83M, accounting for 36.08% of the total platform sales in Saudi Arabia. Salesforce Commerce Cloud also holds a notable share, with its sales reaching $401.62M, representing 15.19% of the overall sales amount. This data provides a comprehensive view of the market dynamics in Saudi Arabia, highlighting which platforms are driving the most sales.
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Saudi Arabia AI in Retail and E-commerce Market has valued at USD 245 Million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 35.4% through 2029F.
| Pages | 85 |
| Market Size | 2023: USD 245 Million |
| Forecast Market Size | 2029: USD 1523.24 Million |
| CAGR | 2024-2029: 35.4% |
| Fastest Growing Segment | Cloud-Based |
| Largest Market | Riyadh |
| Key Players | 1. Amazon Inc. 2. Nvidia Corporation 3. Google LLC 4. IBM Corporation 5. Intel Corporation 6. Microsoft Corporation 7. Oracle Corporation 8. Siemens AG |
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The Saudi Arabia E-Commerce Cosmetics and Fragrances Market Report is Segmented by Product Type (Cosmetics, Fragrances, and Perfumes), Price Range (Mass, Premium/Luxury), Category (Synthetic/Conventional, Natural/Organic), Platform (Third-Party Marketplace, Company-Owned Platform). The Market Forecasts are Provided in Terms of Value (USD).
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The Middle East and Africa (MEA) e-commerce market is experiencing robust growth, projected to reach a market size of $135.77 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 14.28% from 2019 to 2029. This expansion is fueled by several factors. Increased internet and smartphone penetration across the region are making online shopping increasingly accessible to a wider consumer base. A young and rapidly growing population, particularly in key markets like the UAE and Saudi Arabia, is driving demand for diverse products and services online. Furthermore, government initiatives promoting digitalization and e-commerce infrastructure development are creating a favorable environment for businesses. The rise of mobile commerce, coupled with convenient payment options like mobile wallets, further contributes to the market's upward trajectory. Significant investment in logistics and delivery networks is addressing previous bottlenecks and enhancing customer experience. The market is segmented by both B2C and B2B activities, with B2C dominating due to high consumer adoption of online shopping. Within the B2C sector, key product categories like beauty & personal care, fashion & apparel, consumer electronics and food & beverage are witnessing considerable growth. However, challenges such as logistical complexities in certain regions, concerns about online security, and the need for greater financial inclusion remain to be addressed to unlock the market's full potential. While the provided data focuses on the period until 2029, extrapolating from the 14.28% CAGR, we can anticipate continued strong growth beyond this point. The sustained expansion in MEA's e-commerce market hinges on continued improvements in digital infrastructure, robust investment in logistics and payment gateways, and tailored marketing strategies that address the unique needs and preferences of diverse consumer segments within the region. The presence of major global players like Amazon, Alibaba, and Walmart, alongside regional players, signifies the market's attractiveness and indicates ongoing competition, leading to innovation and improved services for consumers. The market's future will likely be characterized by further segmentation, specialization, and the increased adoption of innovative technologies such as Artificial Intelligence and machine learning to enhance personalization and customer experience. Recent developments include: June 2024: Kuehne+Nagel initiated the construction of a new fulfillment and distribution center in EZDubai, a prominent e-commerce hub within Dubai South. The chosen location is adjacent to Al Maktoum International Airport and linked to Jebel Ali Port via a bonded logistics corridor., October 2023: Calibrate Commerce, a Dubai-based e-commerce expert, unveiled Calibrate Labs, an incubator tailored for homegrown e-commerce enterprises in MENA. The initiative targets start-ups aiming to develop their own ideas or scale their existing ventures.. Key drivers for this market are: Increase in the Adoption of Latest Technology, Increasing Consumer Interest towards Convenient Shopping solutions. Potential restraints include: Increase in the Adoption of Latest Technology, Increasing Consumer Interest towards Convenient Shopping solutions. Notable trends are: The Adoption of Latest Technology is Increasing.
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TwitterThe largest e-commerce industry in the in the Gulf Cooperation Council (GCC) region was Saudi Arabia with an expected market size of *** billion U.S. dollars in 2020. The market size of e-commerce in the GCC region was expected to grow to reach **** billion U.S. dollars in that year.
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In Saudi Arabia, the estimated sales amount across various store categories provides key insights into the market's dynamics. Beauty & Fitness, as a prominent category, generates significant sales, totaling $606.99M, which is 22.96% of the region's total sales in this sector. Food & Drink follows with robust sales figures, achieving $517.95M in sales and comprising 19.59% of the region's total. Mass Merchants & Department Stores contributes a considerable amount to the regional market, with sales of $492.94M, accounting for 18.65% of the total sales in Saudi Arabia. This breakdown highlights the varying economic impacts of different categories within the region, showcasing the diversity and strengths of each sector.
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Saudi Arabia Furniture & Home Décor E-Commerce Market valued at USD 3.5 Bn, driven by urbanization and online shopping shift, projected to grow with rising disposable income.
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The Saudi Arabia E-Commerce Market Report is Segmented by Business Model (B2B, and B2C), Product Category for B2C E-Commerce (Beauty and Personal Care, Consumer Electronics, and More), Payment Mode for B2C E-Commerce (Credit/Debit Cards, Mobile Wallets, and More), and Device Type for B2C E-Commerce (Smartphone, Desktop/Laptop, and More). The Market Forecasts are Provided in Terms of Value (USD).