Saudi Arabia Online Fashion market by type (Apparel, Fashion Accessories and Footwear), by region (Riyadh, Jeddah, Mecca, Medina, Dammam and Others), by price range (Economy, Mass, Premium and Elite).Company Profile of Major players in Online fashion market (Namshi General Trading LLC, JollyChic, Wadi General Trading LLC, Souq Group Pvt. Ltd., MarkaVIP, Ubuy, Basicxx, Sivvi, Elabelz, Noon, Bershka, Yoox.com and NextDirect).
February 2018 |Saudi Arabia News
- Entrance of international players and trending products will drive the sale of fashion products on E-commerce portals.
- Interest free EMIs, credit card discounts and cash back offers will make large and expensive items affordable which will drive the online market.
Saudi Arabia online fashion market growth will be mainly driven by rise in easy availability of the size, information accessibility of product on the website, increase in the fashion trends, effortless return & exchange of products and growing penetration of internet and smart phones. Increased competition from new players entering the market as well as fast changing technology is expected to further disrupt the market. Market will be driven by addition of more promotional offers such as interest free installments, discounts on transaction done through debit and credit cards and cash backs offers, boost in smart phone shipment and falling cost of internet and smartphones. Improving technology and added features in phone will further promote the use of mobile applications, payments and others for online transactions.
Analysts at Ken Research in their latest publication “Saudi Arabia Online Fashion Industry Outlook to 2022 – By Apparel, Footwear and Fashion Accessories, By Menswear, Women wear, Kids wear, by Footwear (Sneakers, Flip-Flops, Sandals, Boots), by Apparel (Top, Dresses and Bottom, Jackets, Shirts and Shorts)” suggested that the GMV for online fashion market increased at a significant growth rate i.e. 37% during the period 2016-2017, which has resulted from people shifting to online market. Discount and promotional offers played a key role in attracting customers on E-commerce markets which helped online players to create a base for loyal customers who want to shop online along with reaching out to the prospective customers by promotional offers.
Saudi Arabia online fashion market is expected to register positive CAGR of 20.2% during the period 2017-2022. Commitment to regularize market, transparent pricing and technological know-how along with improving market consolidation are expected to have positive impact on the overall GMV of the online fashion market.
Keywords
Saudi Arabia Online Fashion Market
Saudi Arabia Online Apparel Industry
KSA Online Footwear GMV
Saudi Arabia Online Accessories Revenue
Competition E-commerce KSA
Saudi Arabia Online Plus Wear Market
E-commerce Logistics Saudi Arabia
Online Fashion Future Saudi Arabia
Consumer Online Buying Behavior Saudi Arabia
Online Product Buying Preference Saudi Arabia
Online Mode of Payment Saudi Arabia
Online Desktop Search Saudi Arabia
Online Mobile Search Saudi Arabia
Women Apparel Online Market Saudi Arabia
Men Apparel Online Market Saudi Arabia
Kids Apparel Online Market Saudi Arabia
Women Footwear Online Market Saudi Arabia
Men Footwear Online Market Saudi Arabia
Kids Footwear Online Market Saudi Arabia
Women Accessories Online Market Saudi Arabia
Men Accessories Online Market Saudi Arabia
Kids Accessories Online Market Saudi Arabia
Online Belts Market Saudi Arabia
Online Hand Bags Market Saudi Arabia
Online Imitation Jewelry Market Saudi Arabia
Online Flip-Flops Market Saudi Arabia
Online Sandals Market Saudi Arabia
Online Sneakers Market Saudi Arabia
Online Watches Market Saudi Arabia
Online Dresses Market Saudi Arabia
Online Tops Market Saudi Arabia
Online Bottoms Market Saudi Arabia
Online Jackets Market Saudi Arabia
Maternity Wear Online Saudi Arabia
Online Plus Wear Market KSA
Online Arabia Clothing Market KSA
Online Party Wear Sales KSA
Casual Wear Online Revenue KSA
Formal Wear Sales KSA Online
Namshi Market Share Saudi Arabia
Souq.com Sales Fashion Saudi Arabia
JollyChic Sales Saudi Arabia
Wadi GMV Saudi Arabia
For more information about the publication, refer to below link:
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