The Great shift: Online grocery market look to transform the last mile delivery in KSA: Ken Research The Online B2B grocery is witnessing a huge surge in online shopping due to a Shortage of supply chain financing and COVID that led Bakalas in KSA to adopt various B2B platforms to refill stocks amid the lockdown. Currently, KSA digital B2B grocery market is growing with a double-digit CAGR owing increase in smartphone and… Read More »
KSA is about to witness a BNPL wave which is already a USD 2 Billion reality. Explore the key trends supporting the market growth: Ken Research Online mode of payment will continue to dominate the BNPL industry in KSA due to Sharia compliance which promotes digital payments when compared to offline mode. Covid-19 pandemic lead to substantial growth in the e-commerce industry, with 2.5 times faster than growth before the pandemic, leading to increasing online transactions in KSA. Increasing demand for… Read More »
KSA E-Commerce Logistics and Warehousing Market are expected to generate ~ $2 Bn in revenue terms by 2026F owing to Entrance of Major Retailers in KSA: Ken Research Expansion in internet services (~98% internet penetration in 2021) coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce logistics industry in KSA. Number of e-commerce shipments in KSA increased from 2021 to 2026, owing to KSA’s internet infrastructure, youthful, tech-savvy population and rising mobile/broadband penetration rates. Majority… Read More »
E-Commerce Orders Deliveries growing at CAGR of 18.6% (2021-2026F) with Increasing Number of Online Shoppers & Entrance of Major Retailers in KSA KSA E-commerce is expected to generate $20 Bn by 2025, mainly driven by the demands of growing internet penetration, demanding easier access to goods and services The advent of players offering last-mile delivery options has allowed retailers to improve e-com logistics to support growth and scale. Furthermore, KSA has an internet penetration rate of 98%… Read More »
KSA Quick Commerce market is expected to reach ~4 billion orders annually by 2026F owning to the emergence of the new players, work from home, increase in digitization and government initiatives: Ken Research KSA Quick Commerce market is a moderately fragmented market, which is still in the growing phase. The KSA quick commerce market has 10-12 players, some of which are Hunger Station, MRSOOL, The Chefz, Jahez and nana elicit etc. The rise of digital technology has transformed the Quick delivery process and reshaped the market. Instead of… Read More »
KSA Quick Commerce market is expected to reach 4 billion orders annually by 2026F: Ken Research The rise of digital technology has transformed the Quick delivery process and reshaped the market. Instead of going to the grocery store, customers are now placing their orders via apps and websites. High internet penetration rate, quick access to smartphones, are some of the prime factors responsible for growth of quick commerce market. Covid-19 accelerated… Read More »
The Quick Commerce Market of Saudi Arabia is expected to witness a surge by 2026F, demand for quick deliveries & greater transparency will positively affect the Market: Ken Research 1. KSA Quick Commerce Market is currently at a nascent stage with ~15-20 players & has witnessed significant competition in terms of emergence of various companies. Click here to download Free Sample Report With a CAGR of 64.1% in the period between 2018-2021, the quick commerce market as seen in KSA is currently at a… Read More »
KSA E-Commerce Logistics and Warehouse Market Outlook to 2026F: Ken Research Tech Savvy Consumers: Expansion in internet services and smart phone penetration coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce shipments industry in KSA. KSA has more than 34.5 Mn internet users and about 72% of 15-64 -year-old internet users spend more than 7 hours. Existing Strong… Read More »
Adoption of New Technologies, High Internet Penetration and the Impact of Covid-19 had driven Saudi Arabia Quick Commerce Market: Ken Research Increasing Demand for Rapid Deliveries, Rising Internet Penetration Rate and Changing Lifestyles to Drive the Saudi Arabian Quick Commerce Market in the near future. High Internet Penetration: Saudi Arabia has a high internet penetration with majority of the population is having an internet connection and most of them access the internet through their mobile phones… Read More »
KSA Online B2B Grocery Market Growth, Demand, Revenue, Top Key Players, Future Strategies, Competitive Landscape and Forecast to 2027: Ken Research Adoption of robotics, drone delivery, technologies for real time tracking and multiple product choices and benefits will drive the online B2B grocery market in Saudi Arabia: Ken Research Key Findings The KSA online B2B grocery market has experienced tremendous growth over the past few months as a result of changing consumer lifestyles, increasing urbanization, and… Read More »