With all major supermarket and hypermarket operators such as Bin Dawood Group, Al Raya Markets Trading Co Ltd, Panda Retail and Abdullah Al-Othaim Markets offering an online platform; however, most players do not provide customers the ability to shop online with website platforms limited to product catalogues and promotions. Hyper Panda, however, enables users to shop online through a customer login and added website features enabling customers to compare products.
As both the physical and grocery landscape witnessed the rapid emergence and popularity of various players, and most players being concentrated in key regions in Saudi Arabia, new players aim to create a unique proposition and value offering for targeted consumer goods. Many players in internet retailing are on the lookout for emerging and promising trends in the country and grocery retailing is no different.
As most delivery applications are launched by young entrepreneurs in the country, funding is one prominent challenge faced by early start-ups and many players expect external investment to expand operations and meet the emerging demand for online grocery deliveries, which in other cases, would be missed out or would see numerous smaller players keeping the market fragmented. From an operational aspect, efficient delivery also remains a key challenge, given the vast area of land in Saudi Arabia and long road networks with little or no presence of intercity high-speed railway connecting most cities.
Majid Al Futtaim, leading shopping centre operator in the region, announced a key partnership with Wadi Grocery. Having a delivery infrastructure remains crucial to the success of any grocery delivery service.
During 2018, Noon.com announced it would launch grocery deliveries in early 2019.
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Understand the latest market trends and future growth opportunities for the Food and Drink Internet Retailing industry in Saudi Arabia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This report originates from Passport, our Food and Drink Internet Retailing research and analysis database.
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