Saudi Arabia Online Fashion Market Overview
According to SPER Market Research, the Saudi Arabia Online Fashion Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
The online fashion industry market in Saudi Arabia has been growing rapidly in recent years, with increasing numbers of consumers turning to e-commerce platforms to purchase clothing, footwear, accessories, and beauty products. The market is expected to continue its growth trajectory in the coming years, driven by several factors. One of the main drivers of the online fashion industry in Saudi Arabia is the country's young and tech-savvy population. Over half of Saudi Arabia's population is in adult age group, and this demographic is increasingly comfortable with using technology and shopping online. In addition, many of these consumers are fashion-conscious and interested in keeping up with the latest trends, which further drives demand for online fashion products.
Another factor driving the growth of the online fashion industry in Saudi Arabia is the high levels of internet penetration in the country. The Saudi Arabian government has also been taking steps to support the growth of e-commerce in the country. In previous year, the government launched the National E-commerce Strategy, which aims to increase the number of digital transactions in the country and support the development of the e-commerce sector. This support is expected to help further drive the growth of the online fashion industry in Saudi Arabia in the coming years.
Overall, the online fashion industry market in Saudi Arabia presents significant growth opportunities for both local and international players, driven by a young and tech-savvy population, increasing internet penetration, and the growing popularity of online shopping. In Previous year, more than half of the Saudi Arabian population had access to the internet. This increasing connectivity has enabled more consumers to shop online, including for fashion products.
Impact of COVID-19 on the Saudi Arabia Online Fashion Market
The COVID-19 pandemic has had a significant impact on the Saudi Arabia online fashion industry market. With physical stores closed or operating at limited capacity, consumers have turned to e-commerce platforms to purchase clothing, footwear, accessories, and beauty products. One of the main impacts of COVID-19 on the online fashion industry in Saudi Arabia has been the acceleration of the shift towards online shopping. Consumers who were previously hesitant to shop online have been forced to do so during the pandemic, and many have discovered the convenience and accessibility of e-commerce. This shift in consumer behaviour is expected to continue even as the pandemic recedes, with many consumers likely to continue to use e-commerce platforms for their fashion purchases.
Another impact of COVID-19 on the online fashion industry in Saudi Arabia has been the surge in demand for certain products. With many consumers spending more time at home, demand for casual wear, loungewear, and activewear has increased, while demand for formal wear has declined. E-commerce platforms have been able to quickly adapt to these changes in consumer demand, offering a wide range of products to cater to changing consumer preferences.
At the same time, COVID-19 has also presented challenges for the online fashion industry in Saudi Arabia. The pandemic has disrupted global supply chains, leading to delays in product deliveries and shortages of certain products. In addition, the economic impact of the pandemic has led to some consumers cutting back on their fashion spending, which has impacted the revenues of some companies in the online fashion industry.
Overall, the impact of COVID-19 on the Saudi Arabia online fashion industry market has been both positive and negative. While the pandemic has accelerated the shift towards e-commerce and driven demand for certain products, it has also presented challenges for companies in the industry. Nevertheless, the online fashion industry in Saudi Arabia is expected to continue to grow in the coming years, driven by the country's young and tech-savvy population and the increasing popularity of online shopping.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Apparel, By Footwear, By Price
|
| Regions covered | West, Centre, North, South, East
|
| Companies Covered | Basicxx, Bershka, Elabelz, JollyChic, Marka VIP, Namshi General Trading LLC, NextDirect, Noon, Sivvi, Souq Group Pvt. Ltd., Ubuy, Wadi General Trrading LLC
|
Saudi Arabia Online Fashion Market Segmentation:
1. By Apparel:
- Bottom
- Dresses
- Jackets
- Shirts
- Shorts
- Top
2. By Footwear:
- Sneakers
- Flip-Flops
- Sandals
- Boots
3. By Price:
4. By Region:
- West
- Centre
- North
- South
- East
Key Topics Covered in the Report:
- Size of Saudi Arabia Online Fashion Market (FY’2019-FY’2032)
- Overview of Saudi Arabia Online Fashion Market
- Segmentation of Saudi Arabia Online Fashion Market By Apparel (Top, Dresses, Bottom, Jackets, Shirts, Shorts)
- Segmentation of Saudi Arabia Online Fashion Market By Footwear (Sneakers, Flip-Flops, Sandals, Boots)
- Segmentation of Saudi Arabia Online Fashion Market By Price (Economy, Mass, Premium, Elite)
- Statistical Snap of Saudi Arabia Online Fashion Market
- Growth Analysis of Saudi Arabia Online Fashion Market
- Problems and Challenges in Saudi Arabia Online Fashion Market
- Competitive Landscape in the Saudi Arabia Online Fashion Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Online Fashion Market
- Details on Recent Investment in Saudi Arabia Online Fashion Market
- Competitive Analysis of Saudi Arabia Online Fashion Market
- Major Players in the Saudi Arabia Online Fashion Market
- SWOT Analysis of Saudi Arabia Online Fashion Market
- Saudi Arabia Online Fashion Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Online Fashion Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Saudi Arabia Online Fashion Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Online Fashion Market
7. Saudi Arabia Online Fashion Market, By Apparel, 2019-2032 (USD Million)
7.1 Bottom
7.2 Dresses
7.3 Jackets
7.4 Shirts
7.5 Shorts
7.6 Top
8. Saudi Arabia Online Fashion Market, By Footwear, 2019-2032(USD Million)
8.1 Sneakers
8.2 Flip-Flops
8.3 Sandals
8.4 Boots
9. Saudi Arabia Online Fashion Market, By Price, 2019-2032(USD Million)
9.1 Economy
9.2 Mass
9.3 Premium
9.4 Elite
10. Saudi Arabia Online Fashion Market, By Region, 2019-2032 (USD Million)
10.1 Saudi Arabia Online Fashion Market Size and Market Share by Region (2019-2025)
10.2 Saudi Arabia Online Fashion Market Size and Market Share by Region (2026-2032)
10.3 West
10.4 Centre
10.5 North
10.6 South
10.7 East
11. Company Profiles
11.1 Basicxx
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Bershka
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Elabelz
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 JollyChic
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 MarkaVIP
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Namshi General Trading LLC
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 NextDirect
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Noon
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 Sivvi
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 Souq Group Pvt. Ltd.
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 Recent developments
11.11 Ubuy
11.11.1 Company details
11.11.2 Financial outlook
11.11.3 Product summary
11.11.4 Recent developments
11.12 Wadi General Trading LLC
11.12.1 Company details
11.12.2 Financial outlook
11.12.3 Product summary
11.12.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
