Key Insights as of Jun 2025
Market Demographics
Population size
7,000,000 people
Population growth rate
2.5 %
Age distribution - 0-14 years
25.0 %
Age distribution - 15-64 years
70.0 %
Age distribution - 65+ years
5.0 %
Household size
5.2 people
Household composition - Families
80.0 %
Education levels - Bachelor’s or higher
35.0 %
Economic Indicators
Median household income
80,000 SAR
Employment rate
92.0 %
Job growth
3.0 %
Dominant industries
Government, Retail, Oil
Cost of living index
75.0 index
Consumer Spending & Buying Power
Retail sales per capita
12,000 SAR
Disposable income
60,000 SAR
Spending behavior - Apparel
20.0 %
Spending behavior - Dining
15.0 %
Spending behavior - Electronics
10.0 %
Competition & Retail Presence
Existing retail mix
Supermarkets, Malls, Specialty
Number of competitors
50+ count
Market saturation
Moderate
Presence of anchor tenants
Yes
Foot traffic from nearby businesses
High
Real Estate & Infrastructure
Rent costs - Retail
2,845 SAR/sqm
Property values - Commercial
10,000 SAR/sqm
Zoning laws
Business-friendly
Business permits
Streamlined
Availability of retail space
4,300,000 sqm
Proximity to major roads
High
Public transportation access
Moderate
Parking availability
Adequate
Traffic & Accessibility
Pedestrian traffic
High
Vehicle traffic
Heavy
Public transport accessibility
50.0 %
Commute times
30.0 minutes
Work patterns
Hybrid
Psychographics & Consumer Lifestyle
Shopping preferences
Malls, Online
Brand affinity
Luxury, International
Consumer loyalty
Moderate
Entertainment and leisure trends
Dining, Events
Crime Rates & Safety
Crime statistics
Low
Shoplifting rates
0.5 %
Public safety measures
High
Tourism & Seasonal Factors
Tourist spending
227,400,000,000 SAR
Tourist footfall
5,000,000 visitors
Major local events
Riyadh Season
Seasonal attractions
Diriyah, Malls
Online vs. In-Store Shopping Trends
E-commerce penetration
32.0 %
Click-and-collect adoption
40.0 %
Local preference for in-store shopping
49.0 %
Retail & Mall Performance
Total retail space
4,000,000 sqm
Retail space per capita
0.57 sqm/person
Projected growth in retail space
21.0 %
Retail leakage rate
15.0 %
Sustainable retail demand
High
Major upcoming retail projects
New Murabba
Consumer Behavior & Spending
Grocery market share - Panda
25.0 %
Grocery market share - Carrefour
20.0 %
Grocery market share - Lulu
15.0 %
Consumer spending patterns
Value, Premium
Grocery expenditure trends
61.0 %
Luxury retail performance
Strong
Top mall shopping preferences
Riyadh Boulevard
Shopping trips to other cities
10.0 %
Key drivers for mall visits
Dining, Events
Preferred brand categories - Luxury fashion
30.0 %
Preferred brand categories - Value fashion
25.0 %
Competitive & Site Analysis
Number of existing malls
30 count
Total retail footfall
100,000,000 visits
Retail market gaps
Discount retail
Trade area population
5,000,000 people
Retail potential in catchment area
High
Projected retail growth rate
4.03 %
Preferred mall layouts
Mixed-use
Site & Accessibility
Public transport access
Moderate
Walkability score
60.0 index
Road infrastructure & car access
Strong
Parking capacity in comparable malls
5,000 spaces
Surrounding land use & future developments
Mixed-use