Dammam and Riyadh are Saudi Arabia’s most economically vibrant cities, due to large populations and high levels of both consumer expenditure and disposable income. Meanwhile, Mecca holds the highest potential for future economic growth in terms of pace of GDP growth. However, challenges for the country’s cities will persist in the near term due to the continuing global economic slowdown. In the longer run, Saudi Arabia’s cities are set to face increasing and ageing populations.
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Overview:
Saudi Arabia Cities Review is based on Euromonitor’s City Scorecard. The scorecard is a benchmarking tool used to evaluate the consumer and economic performance of 1,000+ largest cities globally. The scorecard considers indicators across eight key pillars that are at the core of a city’s consumer market development. The scorecard is built by ranking cities in a country/regional context and provides an easy-to-understand system to quickly identify city-specific risks and opportunities.
Euromonitor’s City Scorecard covers over 30 indicators in eight pillars:
• Population
• Consumer Expenditure
• Digital Consumer
• Wealth
• Possession of Household Durables
• Economy
• Labour
• Transport
Saudi Arabia Cities Review helps to evaluate potential market size by city and formulate a more informed image of the urban consumer. Key economic indicators combined with income, spending and employment data help businesses map potential market sizes. Comparative data and newest city insights will help businesses customize and tailor country market entry strategies pinpointing the cities with the most future potential.
The Saudi Arabia Cities Review market research report includes:
- Major Saudi Arabia cities scorecard
- Detailed ranking of cities in terms of future growth, wealth, labour and other key consumer and economic indicators
- Historic data on population, consumer expenditure, digital consumer and other indicators
- Five-year forecasts of trends and city growth
The Saudi Arabia Cities Review in Saudi Arabia report answers:
- How does a specific city fair in terms of consumer market attractiveness compared to a country/region?
- Which cities will be the fastest growing in Saudi Arabia?
- What is the consumer market potential in specific cities?
- Which cities in Saudi Arabia have the largest number of wealthy consumers?
- How does the city affordability differ across country and region?
- How does labour productivity differ across cities?
- What is the household profile in different cities?
Saudi Arabia Cities Review
HEADLINES
Riyadh remains the most populated city due to economic opportunities and strategic location
High internet connectivity makes cities in Saudi Arabia ready for adopting smart city solutions
Dammam remains the most affluent consumer market in Saudi Arabia
Inflationary pressures in Jeddah translate into rising cost of living
Riyadh to remain the largest contributor to Saudi Arabia’s economy by 2028
Traffic congestion is a growing concern for cities in Saudi Arabia
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Inform your marketing, brand, strategy and market development, sales and supply functions This cities review originates from Passport, our Cities market research database.
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