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Saudi Arabia: Consumer Profile

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Report Code : 1026267
Industry : Consumer Goods and Retail
Published On : Dec 2024
Pages : 45
Publisher : Euromonitor International
Format:

The Saudi population will continue to rise going into 2040, as fertility rates and life expectancy remain high. Generation Alpha will comprise over a quarter of the population, showing great potential as a key consumer segment. Income inequality will continue to be a challenge, as the gender income gap persists due to low female employment. Consumers are expected to continue preferring niche and goods of the highest quality, even among lower-income segments.

Euromonitor's Saudi Arabia: Consumer Profile report analyses factors influencing national consumer expenditure. Consumer lifestyles reports include coverage of: population, urban development, home ownership, household profiles, labour, income, consumer and family expenditure, health, education, eating habits, drinking habits, shopping habits, personal grooming, clothing, leisure habits, savings and investments, media, communication, transport and travel and tourism. Use this report to understand the factors influencing a nation's lifestyle choices.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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* Get a detailed picture of the Economy market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market's major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Scope
Key findings
Key drivers affecting consumers in Saudi Arabia in 2023
How developments today shape the consumers of tomorrow
Millennials the most dominant generation in Saudi Arabia for 2023
Saudi's at increasingly high risk for obesity, especially among females
Gen Z set to dominate Saudi population by 2040
Riyadh set for massive population growth by 2040 as more people flock to cities
Opportunities for growth
Average household size is on the decline in Saudi Arabia, due to increase in singletons
Apartments remain popular due to urbanisation and the growth of single person households
Household heads to remain predominantly male
Saudi Arabia's entire population has broadband internet access
Housing accounts for the bulk of Saudi Arabia's consumer expenditure
Millennials are the most optimistic generation in Saudi Arabia
Saudi's per capita disposable income CAGR to be less than half that of the region to 2040
Saudi's consumer expenditure to grow at a slower pace than other MENA territories
Nahdi uses technology to make healthcare more convenient and personalised
Key findings of consumer survey
Younger generations more swayed by higher quality when buying household essentials
Nearly a third of Saudi consumers enjoy finding bargains
Gen X is the most eco-conscious generation in Saudi Arabia
Saudi consumers are more comfortable with their financial situation
High salaries remain top priority for workers in Saudi Arabia, particularly among Gen Z
Key takeaways

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Frequently Asked Questions

What does this report covers?

This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.

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Does the report provides Market Size in terms of – Value (US$ Mn) and Volume (thousand ton / metric ton / cubic meter) - of the market?

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Does this report offer customization?

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