With Saudi Arabia’s Vision 2030 driving urban and commercial development, such initiatives will continue to support the expansion of hypermarkets across new residential, urban, and tourism hubs. A notable development is Qiddiya, an emerging city set to become Saudi Arabia’s new entertainment hub when it opens in 2029.
Spinneys, one of the leading UAE-based premium fresh food retailers, has opened its first store in Saudi Arabia, located in the La Strada Yard development in Riyadh. This store is part of a broader expansion plan, with three more stores set to open in Riyadh and Jeddah in 2024, and a total of 12 stores expected by 2028.
Digitalisation is expected to remain the primary source of innovation during the forecast period, improving operating efficiency and addressing the demands of Saudi’s affluent consumer base. In line with this trend, Bin Dawood Group has announced plans to invest US$390 million in robotics and delivery hubs, with selling spaces ranging between 30,000-50,000 sqm, set to operate as mega stores.
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Understand the latest market trends and future growth opportunities for the Hypermarkets industry in Saudi Arabia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Hypermarkets industry in Saudi Arabia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Hypermarkets are chained or independent retail outlets with a selling space of over 2,500 square metres and with a focus on selling both grocery and non-grocery merchandise. Hypermarkets are frequently located on out-of-town sites with large parking lots or as the anchor store in a shopping centre. Example brands include Carrefour, E Leclerc, and Walmart Supercenter.
See all of our definitionsThis report originates from Passport, our Hypermarkets research and analysis database.
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