Growing Presence of Hypermarket and Supermarket and Relaxation in Investment Regulations has Supported the Riyadh Retail Market Growth: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit “Retail development trends over the past few years in Riyadh indicates that the capital city is growing towards the Central areas, where the retail projects have the highest rental prices and experience lesser vacancy rates.” Research Analysts at Ken Research in their latest publication “Riyadh Retail Market Outlook to 2023-Dominance of Online Shopping and Emergence of International Brands to Fuel Demand for Retail Space” believe that introducing a better tenant-mix, investment in entertainment sector, entrance of international brands, increasing awareness among consumers and implementing omni-channel strategies will contribute to an increase in the demand within Riyadh retail sector over long term. Central Riyadh was observed as the leading attractive area for development of retail projects, as it has the benefits of high population, quality infrastructure and better connectivity with other regions in Riyadh. In addition to that, the central region is the hub for financial districts and the employees are in need for recreational spaces to relax. The international brands are opening their stores within the central region thus indicating a strong demand for retail spaces. The state budget of FY’2018 declared an allocation for public spending and amounted to over SAR 1.1 trillion. The government has recently introduced reforms including allowance of 100.0% FDI in retail sector, implementation of Saudization policy and lifting of ban from cinemas which are collectively driving the demand in the retail sector. Super-regional malls have the highest occupancy among the different mall categories followed by regional and community center malls. Majority of the Riyadh’s housing supply is being delivered by mid-scale and small-scale developers whereas; professional developers are having a very limited presence. The reason behind flourishing super-regional malls is a better tenant-mix with consumers getting all the recognized brands under one roof. The rental rates have declined from the last year owing to the level of upcoming supply and increased competition. Along with increase in disposable income, the retail spending among Saudi consumers has witnessed a growth of 6.0% over the past five years. Increasing inbound tourism and growth in population are providing the boost to the development in the retail real estate sector. Moreover, increasing affordability among people of Riyadh have been forcing developers to move away from the traditional bakalas to supermarkets and hypermarkets. Growing Presence of Hypermarket and Supermarket: Hypermarket and supermarket chains continue to expand in Saudi Arabia. The total number of supermarkets and hypermarkets in Saudi Arabia in 2016 were estimated at 1,255 stores, accounting for approximately 2.9% of retail outlets. A major trend witnessed in recent years is the shift in location of hypermarkets and supermarkets from stand-alone stores towards developed regional and super-regional malls due to the increase annual footfall across these retail formats. Relaxation in Investment Regulations: Given the oversupply of retail space, especially in Riyadh, the government has eased investment regulation in the retail sector to boost inflow of international brands into the country. In June 2016, the Saudi government announced that it will allow foreign companies to wholly own companies in the Saudi retail and wholesale trade sector (allowance of 100.0% FDI). Foreign companies were previously required to partner with Saudi investors to establish retail or wholesale outlets, and may still find it advantageous to do so. Key Segments Covered:- Type of Malls Super-Regional Malls Regional Malls Community Center Malls Key Target Audience:- Retail Project Developers Third Party Real Estate Companies Independent Architects Government Associations Government Agencies Independent Investors Retail Real Estate Consulting Companies Time Period Captured in the Report:- Historical Period – 2013-2018 Forecast Period – 2019-2023 Riyadh Retail Malls Case Studies Covered:- Pure Mall Al Oruba Square Canary Center Localizer Mall Granada Center Centria Mall Keywords:- Riyadh Retail Market Retail Industry In Riyadh Riyadh Retail Market Supply Market Retailers in Riyadh Retail Development in Riyadh Retail Overview in GCC Retail Supply and Demand Riyadh Future Regional Mall Supply Riyadh Riyadh Retail Market Insight Riyadh Retail Rental Prices in Malls Food Retail Spending in Riyadh Store Based Retailing in Riyadh Future Retail Projects in Riyadh Major Retail Projects in Riyadh Pure Mall Retail Market Riyadh Localizer Mall Retail Market Riyadh For more information on the research report, refer to below link:- Riyadh Retail Market Related Reports:- Singapore Real Estate Market Outlook To 2023 – By Residential Market (New Sales, Re-Sales And Sub-Sales), By Retail Market (Private And Public Retail Space), By Office Market (Private And Public Office Space) And By Hotel Market (Gazetted And Non-Gazetted Hotels) Assessment Of Masterplans In Riyadh – Outlook To 2023 Egypt Facility Management Market Outlook To 2023- By Soft Services (Housekeeping, Security, Landscaping And Others); Hard Services (Electromechanical And Operational Maintenance, Fire Safety And Security Systems And Civil Maintenance) And By End User Sectors (Industrial, Commercial, Residential And Others) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Tags: Al Oruba Square Mall Retail Market Riyadh, Al Oruba Square Mall-Einzelhandelsmarkt Riad, Anzahl der Restaurants in Riad, Assessment of Retails in Riyadh, Bevorstehende Einzelhandelsprojekte in Riyadh, Canary Center Mall Retail Market Riyadh, Canary Center Mall-Einzelhandelsmarkt Riad, Centria Mall Retail Market Riyadh, Competitive Analysis Retail Malls Riyadh, Current Community Center Mall Demand Riyadh, Current Community Center Mall Supply Riyadh, Current Regional Mall Demand Riyadh, Current Retail Market Demand Riyadh, Current Retail Supply Riyadh, Current Super Regional Mall Demand Riyadh, Development Areas in Riyadh Retail, Food Retail Spending in Riyadh, Future Analysis Retail Supply Riyadh, Future Community Center Mall Demand Riyadh, Future Community Center Mall Supply Riyadh, Future Regional Mall Supply Riyadh, Future Retail Projects in Riyadh, Future Super-Regional Mall Supply Riyadh, Granada Center Mall Retail Market Riyadh, Industry Research Report Of Riyadh Retail, Land Price Assessment Eastern Riyadh, Land Price Assessment Southern Riyadh, Land Price Assessment Western Riyadh, Localizer Mall Einzelhandelsmarkt Riyadh, Localizer Mall Retail Market Riyadh, Major Retail Projects in Riyadh, Market Future Retail Demand Riyadh, Market Research Report Of Riyadh Retail, Market Retailers in Riyadh, Number of Bakalas in Riyadh, Number of Hypermarkets in Riyadh, Number of Restaurants in Riyadh, Number of Supermarkets in Riyadh, Occupancy Rate in Community Center Malls Riyadh, Occupancy Rate in Regional Malls Riyadh, Occupancy Rate in Super Regional Malls Riyadh, Pure Mall Retail Market Riyadh, Rentals Outside Malls in Central Riyadh, Rentals Outside Malls in Eastern Riyadh, Rentals Outside Malls in Northern Riyadh, Rentals Outside Malls in Southern Riyadh, Rentals Outside Malls in Western Riyadh, Restaurant Spaces in Malls in Riyadh, Retail Development in Riyadh, Retail Industry In Riyadh, Retail Market In Riyadh, Retail Market Projects in Riyadh, Retail Overview in GCC, Retail Rental Market Prices Riyadh, Retail Supply and Demand Riyadh, Retail Supply Demand Gap Analysis Riyadh, Riad Einzelhandel, Riad Einzelhandelsmarkt, Riyadh Market Structure Plan, Riyadh Retail Industry, Riyadh Retail Industry Research Report, Riyadh Retail Market, Riyadh Retail Market Analysis, Riyadh Retail Market Competition, Riyadh Retail Market Demand, Riyadh Retail Market Forecast, Riyadh Retail Market Future Outlook, Riyadh Retail Market Growth, Riyadh Retail Market Hauptakteure, Riyadh Retail Market Insight, Riyadh Retail Market Major Players, Riyadh Retail Market Opportunities, Riyadh Retail Market Research Report, Riyadh Retail Market Revenue, Riyadh Retail Market Scope, Riyadh Retail Market Segmentation, Riyadh Retail Market Shares, Riyadh Retail Market Size, Riyadh Retail Market Supply, Riyadh Retail Market Trends, Riyadh Retail Market Value, Riyadh Retail Real Estate Market, Riyadh Retail Rental Prices in Malls, Riyadh Retail Restaurants Rental Prices, Saudi Arabia Retail Market Analysis, Saudi-Arabien Einzelhandelsmarktanalyse, Store Based Retailing in Riyadh, Upcoming Retail Projects in Riyadh, Vermietung außerhalb der Einkaufszentren in Nord-Riad, Zukünftige Einzelhandelsprojekte in Riad