Key Insights as of Jun 2025

Market Demographics
Population size

1,600,000 people

Population growth rate

1.8 %

Age distribution: 0-14

35 %

Age distribution: 15-64

60 %

Age distribution: 65+

5 %

Household size

5.2 people

Household composition: Families

85 %

Education levels: Tertiary

20 %

Economic Indicators
Median household income

60,000 SAR

Employment rate

90 %

Job growth

2.5 %

Dominant industries: Agriculture

30 %

Dominant industries: Retail

20 %

Cost of living index

85 index

Consumer Spending & Buying Power
Retail sales per capita

12,000 SAR

Disposable income

45,000 SAR

Spending: Apparel

15 %

Spending: Dining

20 %

Spending: Electronics

10 %

Competition & Retail Presence
Existing retail mix: Local

60 %

Number of competitors

150 stores

Market saturation

Moderate

Presence of anchor tenants

Yes

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs: Retail

1,200 SAR/sqm/year

Property values: Commercial

5,000 SAR/sqm

Zoning laws: Retail-friendly

Yes

Business permits: Time

30 days

Availability of retail space

Moderate

Proximity to major roads

High

Public transportation access

Moderate

Parking availability

Adequate

Traffic & Accessibility
Pedestrian traffic

Medium

Vehicle traffic

High

Public transport accessibility

60 %

Commute times

25 minutes

Work patterns: Daytime

70 %

Psychographics & Consumer Lifestyle
Shopping preferences: In-store

70 %

Brand affinity: Local

50 %

Consumer loyalty

High

Entertainment trends: Family

60 %

Crime Rates & Safety
Crime statistics: Violent

200 incidents/100,000

Shoplifting rates

1.5 %

Public safety measures

Adequate

Tourism & Seasonal Factors
Tourist spending

5,000 SAR/visitor

Tourist footfall

100,000 visitors/year

Major local events

2 events/year

Seasonal attractions

Moderate

Online vs. In-Store Shopping Trends
E-commerce penetration

15 %

Click-and-collect adoption

10 %

Preference for in-store

70 %

Retail & Mall Performance
Total retail space

200,000 sqm

Retail space per capita

125 sqm/1,000 people

Projected growth in retail space

3 %

Retail leakage rate

20 %

Sustainable retail demand

High

Major upcoming retail projects

1 projects

Consumer Behavior & Spending
Grocery market share: Retailer 1

30 %

Grocery market share: Retailer 2

25 %

Grocery market share: Retailer 3

20 %

Consumer spending: Grocery

30 %

Grocery expenditure trends

Stable

Luxury retail performance

Low

Top mall shopping preferences

Family-oriented

Shopping trips to other cities

15 %

Key drivers for mall visits: Convenience

40 %

Preferred brand categories: Value fashion

50 %

Competitive & Site Analysis
Number of existing malls

3 malls

Total retail footfall

5,000,000 visits/year

Retail market gaps

Electronics

Trade area population

800,000 people

Retail potential in catchment area

High

Projected retail growth rate

4 %

Preferred mall layouts

Open-air

Site & Accessibility
Public transport access

Moderate

Walkability score

60 index

Road infrastructure & car access

High

Parking capacity in comparable malls

1,000 spaces

Surrounding land use: Commercial

50 %