Saudi Arabia Online/Offline Grocery Market 2022 Upcoming Trends, Industry Size

July 2022 | Saudi Arabia News

Expansion in Internet Services and Banking Solutions: High internet speed and mobile penetration across rural & urban areas with 3X increase in consumers IP traffic from 2017 to 2022 in the Kingdom. KSA boasts one of the highest smartphone penetration rates (97.0%) in the world, which enabled around 60% of Saudi customers to discover new sellers through social networks in 2020. Electronic payments in the Saudi retail sector exceeded 57% of total transactions conducted in 2021, surpassing the 55% target set out by the Financial Sector Development Program (FSDP), the Saudi Central Bank (SAMA) said in a statement.

Covid-19 Impact KSA Online B2B Grocery Market Revenue

The pandemic has resulted in the onboarding of new retailers. Due to social distancing norms, there has been an aggressive shift toward delivery-oriented infrastructure as retailers preferred ordering to-up and stock-up groceries in KSA. Manufacturers and super stockists listed their products online as Saudi Arabia went into lockdown as a result of the pandemic. Bakala retailers purchased groceries from manufacturer sites and delivery platforms. Due to Covid 19 outbreak Bakala retailers avoided crowded places and turned to online grocery shopping amid escalating fears

Rise of Urbanization: Saudi Arabia’s 85% urban population define the developing stage of the nation. The number of small retailers is rapidly growing. This has led to a rising demand for delivery in small quantities rather than purchasing many items in large quantities at a cheaper price resulting increase in online B2B grocery market.

BNPL Services by the Market Players: Microfinancing or Credit Sales are solving the working capital issues for small retailers fueling the Medium grocery stores sales. Cash on delivery payment is still in the market and expected to decrease in future due to the Buy now pay later and cashless payment on delivery is trending payments method in the kingdom. New-age payment firms, which are weaning small stores off cash by encouraging them to use QR codes which is a driving force behind the cashless payment on delivery.

The report titled “KSA Online B2B Grocery Market Outlook to 2026F– Driven by Increasing Number of Smartphone Users and Changing Shopping Habits of Bakalas in the Region Due to Convenience and Online Experience” provides a comprehensive analysis of the Online B2B grocery market in Saudi Arabia. The report also covers FMCG market, B2C Grocery Market, B2C online grocery market, B2C offline grocery market and B2C grocery market size by regions and overview and genesis of the industry, market size in terms of number of orders, region wise trends, customer analysis on the basis of type of bakalas and market potential, major growth drivers, tech disruptions and innovations in the Online B2B grocery market. The report finally concludes with competitive landscape including competition scenario, cross comparison, and company profiles of major players including list of services they offer, credit facilities and their plan to procure, business cycle and operating model in Online B2B grocery market in Saudi Arabia. Macroeconomic factors impacting the industry and analyst recommendations are also included in the report.

Saudi Arabia Online B2B Grocery Market Key Segments Covered

Online B2B Grocery Market

By Product Category:
Oil and Dairy Products
Beverages
Staples
Confectionery & Snacks
Fresh Fruits & Vegetables
Others

By Mode of Sales:
Cash on Delivery
Credit sales
Cashless Payment on delivery
Pre-delivery online payment

By Point of Sales:
Medium grocery stores
Horeca
Small grocery stores
Specialty stores
Hypermarkets
Supermarkets
Traditional channels (e.g., large distributors)

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By GMV and By Number of Orders:
Riyadh
Jeddah
Dammam
Mecca
Medina
Rest of KSA

By Number of Orders Per Region:
Riyadh
Jeddah
Dammam
Mecca
Medina
Rest of KSA

Bakala Retailer Customer Analysis:
- Type of Bakalas:
Organized
Unorganized

Key Target Audience

B2B Grocery Platforms
3PL Logistics Companies
Grocery Delivery companies
Last Mile Logistics Companies
Quick Commerce Companies
Integrated Logistics Companies
E-Commerce Marketplace Platform
Retail Companies
Logistics/Supply Chain Industry Associations
Market research and Consulting firms

Time Period Captured in the Report:

Base Year: 2021
Forecast Period: 2021–2026F

Saudi Arabia Online B2B Grocery Market Companies Covered:

Major B2B Online Grocery Companies

Sary
Retailo
DX Buy
Max Ab
Fatura

Key Topics Covered in the Report

Executive Summary
Saudi Arabia Online B2B Grocery Market Overview
Saudi Arabia FMCG Market Overview
Saudi Arabia Online B2B Grocery Market
Saudi Arabia Offline B2C Grocery
Saudi Arabia Online B2B Grocery Market Size
Saudi Arabia Online B2B Grocery Market Landscape
Saudi Arabia Online B2B Grocery Market Segmentation
Saudi Arabia Online B2B Grocery Market End User Analysis
Saudi Arabia Online B2B Grocery Bakala Retailers Analysis
Competitive Landscape Saudi Arabia Online B2B Grocery Market
Future Market Size and Segmentations, 2021-2026F
Covid-19 Impact Saudi Arabia Online B2B Grocery Market
Analyst Recommendations
Case Studies

Vietnam Online Grocery Market Outlook To 2026 – Market Driven By Increasing Smartphone Penetration, Changing Shopping Habits Of Consumers And Regional Expansion Of The Online Grocery Players

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