Updated: 23/08/2024
Did you realize that Saudi Arabia stands out as a growing e-commerce hub globally? Absolutely! With a population of tech savvy individuals who enjoy shopping online Saudi Arabia presents a lucrative digital landscape for businesses. For those considering venturing into the Arabian market with their products or services the time is ripe! The e-commerce in Saudi Arabia is flourishing, presenting opportunities for businesses across all scales. By familiarizing yourself with customs and traditions you can pave your way, towards achieving success.
Point to be taken in view is that e-commerce in Saudi Arabia is growing and has generated US$10 billion in revenue in recent year, making the Kingdom the 28th largest online market globally and bringing it on par with its regional neighbour, the UAE.
Year | Revenues in (million USD) |
2017 | 6,131 |
2018 | 8,717 |
2019 | 9,784 |
2020 | 10,864 |
2021 | 11,038 |
2022 | 11,743 |
2023 | 13,614 |
2024 | 14,159 (Estimated) |
Nationality | %age |
Saudis | 42% |
Non-Arab Immigrants | 58% |
Category | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Clothes & Shoes | 1,591 | 1,893.5 | 2188.9 | 2510.7 | 2866.5 | 3209.5 |
Consumer electronics | 1805.5 | 2,037.6 | 2262.7 | 2487.6 | 2747.2 | 2998.9 |
Food, cosmetics and Pharmaceuticals | 409.8 | 472.2 | 542.1 | 615.3 | 693.1 | 776.8 |
Furniture & Home Appliances | 669.9 | 808.1 | 952 | 1112.9 | 1284.4 | 1477.5 |
Special Interest | 1,417.8 | 1,604.5 | 1797.4 | 1991 | 2193 | 2401.6 |
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
16-24 | 2.077 | 2.303 | 2.529 | 2.753 | 2.978 | 3.188 | 3.377 |
25-34 | 4.26 | 4.846 | 5.463 | 6.107 | 6.789 | 7.473 | 8.142 |
35-44 | 1.646 | 1.911 | 2.202 | 2.51 | 2.842 | 3.183 | 3.525 |
45-54 | 0.411 | 0.501 | 0.608 | 0.731 | 0.876 | 1.04 | 1.223 |
55+ | 0.14 | 0.202 | 0.287 | 0.39 | 0.518 | 0.67 | 0.847 |
Year | Men | Women |
2014 | 6.166 | 2.369 |
2015 | 7.09 | 2.673 |
2016 | 8.104 | 2.984 |
2017 | 9.188 | 3.302 |
2018 | 10.372 | 3.631 |
2019 | 11.606 | 3.949 |
2020 | 12.867 | 4.247 |