eCommerce market in Saudi Arabia

Saudi Arabia is the 29th largest eCommerce market, with a projected revenue of US$11,619.1 million by 2023, surpassing Norway.

Revenue is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2027, resulting in a market volume of $14,833.2 million by 2027. The Saudi Arabian eCommerce market contributed to the global growth rate of 8.7% in 2023, with an expected increase of 3.9% in 2023. Global eCommerce sales, like those in Saudi Arabia, will rise in the coming years.

Within the Saudi Arabian eCommerce market, the ECDB considers seven needs. The largest market, Hobby and leisure, accounts for 24.6% of Saudi Arabian eCommerce revenue. It is followed by Electronics (22.9%), Fashion (18.0%), Furniture and homeware (11.4%), Care Products (8.6%), DIY (8.0%), and Grocery (6.4%). Understanding the dynamics of eCommerce stores in Saudi Arabia is becoming increasingly important for businesses looking to thrive in this lucrative landscape as the market expands.

Saudi Arabian eCommerce Revenue Growth

Saudi Arabia is the 29th largest eCommerce market, with a projected revenue of US$11,619.1 million by 2023, surpassing Norway.

Revenue is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2027, resulting in a market volume of $14,833.2 million by 2027. The Saudi Arabian eCommerce market contributed to the global growth rate of 8.7% in 2023, with an expected increase of 3.9% in 2023. Global eCommerce sales, like those in Saudi Arabia, are expected to rise in the coming years.

Within the Saudi Arabian eCommerce market, the ECDB considers seven markets. The largest market, Hobby & Leisure, accounts for 24.6% of Saudi Arabian eCommerce revenue. It is followed by Electronics (22.9%), Fashion (18.0%), Furniture & Homeware (11.4%), Care Products (8.6%), DIY (8.0%), and Grocery (6.4%).