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KSA Quick Commerce market is expected to reach 4 billion orders annually by 2026F: Ken Research

  • The rise of digital technology has transformed the Quick delivery process and reshaped the market. Instead of going to the grocery store, customers are now placing their orders via apps and websites.
  • High internet penetration rate, quick access to smartphones, are some of the prime factors responsible for growth of quick commerce market.
  • Covid-19 accelerated the growth of non-cash payments, especially in the consumer retail space.

New Emerging Players:  Players are racing to establish their dark store networks in Saudi Arabia. Multiple new players are emerging in the industry which are battling against each other to acquire and retain clients, reduce delivery time, expand geographical presence, expand service offering and various high-quality products on the online platforms and other services where they can even compare quantity, prices, and quality of offered items.

Government Support: In, 2019 the government implemented e-commerce regulations to improve consumer protection, advertisement regulation and data security. Also in 2016, the Saudi Arabian government launched Saudi Vision 2030 that heavily emphasizes on the development of the logistics sector by attracting investors and becoming more open to issuing licenses for full-fledged foreign logistics businesses and investing in renewing its rails and enhancing its marine networks to form a seamless process.

saudi-arabia-quick-commerce-market

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Furthermore, the Ministry of Communications and Information Technology in 2020 launched the Move to Tech’ Initiative, which facilitates the use of current digital tools and the creation of new ones in response to COVID-19. This has increased the use of digital tools in the food industry.

Balancing Lifestyle: Due to busy lifestyles, people are relying on online delivery platforms to fulfill their grocery requirements. The social distancing norms made Saudis turn their focus toward online grocery shopping. Work from home people are also trying their best to balance their work and life and are finding it convenient to order their groceries online and opting for meal kit delivery services which are mostly popular among working couples, busy parents, those who are juggling with multiple jobs, and people with special diet needs who choose consuming pre-planned ingredients.

Analysts at Ken Research in their latest publication Saudi Arabia Quick Commerce Market Outlook to 2026FIncreasing Demand for Rapid Deliveries, Rising Internet Penetration Rate and Changing Lifestyles to Drive the Saudi Arabian Quick Commerce Market in the near future” by Ken Research observed that Saudi Arabia Quick Commerce Market is in the Growing Phase. And with the Adoption of New Technologies, emerging new players, high internet penetration, balancing lifestyle, Government Initiatives and with the convenience of last mile delivery, are some of the factors that will contribute to the Saudi Arabia Quick Commerce market growth over the period of 2021P-2026F with a growth rate of a double digit CAGR.

Key Segments Covered: –

Saudi Arabia Quick Commerce Market:

By B2B/B2C & C2C (By No of Orders), 2021 & 2026F:

  • B2B/B2C
  • C2C

By Region (By No of Orders), 2021 & 2026F:

  • Central (Riyadh, Qasim)
  • Western (Mecca, Medina, Jeddah)
  • Eastern (Dammam, Khafji, Alhasa)
  • Southern (Asir, Najran, Jizan)
  • Northern (Ha’il, Tabuk, Jouf)

By On-Demand Segment (By No of Orders), 2021 & 2026F:

  • On-Demand Food Delivery
  • On-Demand Last mile Logistics
  • On-Demand Grocery

Saudi Arabia On-Demand Grocery Delivery Market:

By Region (By No of Orders), 2021 & 2026F:

  • Central (Riyadh, Qasim)
  • Western (Mecca, Medina, Jeddah)
  • Eastern (Dammam, Khafji, Alhasa)
  • Southern (Asir, Najran, Jizan)
  • Northern (Ha’il, Tabuk, Jouf)

By Average Delivery Time Taken (By No of Orders), 2021 & 2026F:

  • Under 30 Minutes
  • 30 to 45 Minutes
  • 45 Minutes to 60 Minutes

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By Product Category (By No of Orders), 2021 & 2026F:

  • Grocery
  • Bakery, Snack & Sweets
  • Home Essentials, Gift & Pet
  • Health & Wellness
  • Other Items (Baby & mom Needs, Gadgets, Toys, Stationery etc)

By Gender (By No of Orders), 2021 & 2026F:

  • Male
  • Female

By Age Group (By No of Orders), 2021 & 2026F:

  • 18-24
  • 25-34
  • 35-44
  • 45 Above

By Frequency of Ordering (By No of Orders), 2021:

  • Everyday
  • 2-3 times a week
  • Once a week
  • 1-2 times a month
  • Once every 6 months
  • Once in a year or less

Saudi Arabia On-Demand Food Delivery Market:

By Region (By No of Orders), 2021 & 2026F:

  • Central (Riyadh, Qasim)
  • Western (Mecca, Medina, Jeddah)
  • Eastern (Dammam, Khafji, Alhasa)
  • Southern (Asir, Najran, Jizan)
  • Northern (Ha’il, Tabuk, Jouf)

By Average Delivery Time Taken (By No of Orders), 2021 & 2026F:

  • Under 30 Minutes
  • 30 to 45 Minutes
  • 45 Minutes to 60 Minutes

By Gender (By No of Orders), 2021 & 2026F:

  • Male
  • Female

By Age Group (By No of Orders), 2021 & 2026F:

  • 18-24
  • 25-34
  • 35-44
  • 45 Above

By Average Order Value (By No of Orders), 2021:

  • <50 SAR
  • 50 SAR – 100 SAR
  • 100 SAR – 200 SAR
  • >200 SAR

By Cuisine Type (By No of Orders), 2021 & 2026F:

  • Fast Food
  • Traditional
  • Asian
  • Others (Mediterranean, Lebanese, Latin American Food)

By Frequency of Ordering (By No of Orders), 2021:

  • Everyday
  • 2-3 times a week
  • Once a week
  • 1-2 times a month
  • Once every 6 months
  • Once in a year or less

Saudi Arabia On-Demand Grocery Delivery Market:

By B2B/B2C & C2C (By No of Orders), 2021 & 2026F:

  • B2B/B2C
  • C2C

By Region (By No of Orders), 2021 & 2026F:

  • Central (Riyadh, Qasim)
  • Western (Mecca, Medina, Jeddah)
  • Eastern (Dammam, Khafji, Alhasa)
  • Southern (Asir, Najran, Jizan)
  • Northern (Ha’il, Tabuk, Jouf)

By Average Delivery Time Taken (By No of Orders), 2021 & 2026F:

  • Under 30 Minutes
  • 30 to 45 Minutes
  • 45 Minutes to 60 Minutes

By B2C End User (By No of Orders), 2021 & 2026F:

  • Food Delivery
  • Supermarts & Conveyance Stores
  • Furniture & Home Essentials Stores
  • Medical Store Deliveries
  • Others (Pet Supplies, Flowers & Gift Shops, Bakery Stores, Stationery etc.)

Key Target Audience

  • Quick Commerce Players
  • Ecommerce Companies
  • E-grocery Companies
  • Logistics Companies
  • Cold Chain Companies
  • Investors & Venture Capitalists

Time Period Captured in the Report:

  • Historical Period:2018-2020
  • Base Year: 2021
  • Forecast Period: 2022 – 2026F

Companies Covered:

On-Demand Grocery Delivery

  • Hungerstation
  • Nana

On-Demand Food Delivery

  • Hungerstation
  • Jahez
  • The Chefz
  • Careem
  • ToYou

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On-Demand Last mile Logistics Delivery

  • Mrsool
  • Shgardi

Key Topics Covered in the Report:

  • Executive Summary of Saudi Arabia Quick Commerce Market
  • Saudi Arabia Country Overview
  • Digital Economy in Saudi Arabia
  • Saudi Arabia Quick Commerce Market Overview and Genesis
  • Ecosystem of major entities in Saudi Arabia Quick Commerce Market
  • Genesis of Saudi Arabian Quick Commerce Market
  • E-Commerce vs Quick Commerce
  • Saudi Arabia Quick Commerce Market Size
  • Saudi Arabia Quick Commerce Market Segmentation by Segments, 2021 (Food delivery, Grocery delivery, Last-mile logistics)
  • Saudi Arabia On-Demand Grocery Delivery Market
  • Ecosystem of the Grocery Delivery Market in Saudi Arabia
  • Drivers and Challenges in Saudi Arabia On-Demand Grocery Delivery Market
  • Business Model(s) followed by On-Demand Grocery Delivery Platforms
  • On-Demand Grocery Platforms Revenue Model
  • Growth Journey of major on-demand grocery delivery players in Saudi Arabia
  • Cross comparison of major on-demand grocery delivery players in Saudi Arabia
  • Saudi Arabia On-Demand Food Delivery Market
  • Ecosystem of the Food Delivery Market in Saudi Arabia
  • Customer Journey of on demand food order
  • Cloud Kitchen as a new emerging vertical
  • Economics of Food Delivery Order
  • Different types of Food Delivery Business Models
  • Inventory Business Model
  • Market Sizing Analysis of Saudi Arabia On-Demand Food Delivery Market
  • Competition Analysis: Market Share of major On-Demand Food Delivery Players, 2021
  • Growth Journey of major on-demand Food delivery players in Saudi Arabia
  • Cross comparison of major on-demand Food delivery players in Saudi Arabia
  • Saudi Arabia On-Demand Last Mile Logistics Market
  • Ecosystem of the Last Mile Logistics Market in Saudi Arabia
  • Business Cycle and Genesis of Saudi Arabia On Demand Last Mile Logistics Market
  • Revenue Model of Saudi Arabia Last Mile Delivery Market
  • Market Sizing Analysis of Saudi Arabia On-Demand Last Mile Logistics Market (GMV and number of orders)
  • Competition Analysis: Market Share of major On-Demand Last Mile Logistics Players, 2021
  • End User Analysis of Saudi Arabia Quick Commerce Market
  • Consumer needs: Quick Commerce Market
  • Factors affecting purchase decision of Saudi Consumers: Quick Commerce
  • Industry Analysis of Saudi Arabia Quick Commerce Market
  • SWOT Analysis of Saudi Arabia Quick Commerce Market
  • Technological trends in Saudi Arabia Quick Commerce Market
  • Key Challenges in Saudi Arabia Quick Commerce Market
  • Competition Framework of Saudi Arabia Quick Commerce Market
  • PEAK Matrix Assessment of Saudi Arabia Quick Commerce Market
  • Market Share of Saudi Arabia Quick Commerce Market major players
  • Impact of Covid-19 on Saudi Arabia Quick Commerce Market
  • Future Outlook of Saudi Arabia Quick Commerce Market
  • Market Opportunity
  • Analyst Recommendations

For more insights on the market intelligence, refer to the link below: –

Saudi Arabia Quick Commerce Market Analysis

Related Reports by Ken Research: –

India Quick Commerce Market Outlook to FY’27F

KSA Online Grocery Delivery Market Outlook to 2025

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