Adoption of robotics, drone delivery, technologies for real time tracking and multiple product choices and benefits will drive the online B2B grocery market in Saudi Arabia: Ken Research
Key Findings
·
The KSA online B2B grocery market has experienced tremendous growth over
the past few months as a result of changing consumer lifestyles, increasing
urbanization, and the tech-savvy generation that favors online shopping.
·
Players are partnering with tech giants in order to implement AI and data
warehousing solutions like Big Query in their operations.
·
Loyalty program, faster delivery, low rate of order mismatch / item
missing, product availability and better prices are some of the key parameter
for increasing customer repeat rate and stickiness.
Saudi
Arabia Online B2B Grocery Market Future Outlook
Increased
Awareness of Digital Platforms: The
pandemic has given a significant push to online shopping, leading to witness a
grand rise in the introduction and up-gradation of digital and technology
across various sectors, especially e-commerce and the online shopping sector
with safe home deliveries. This has led wide awareness among people to shop
online while they stay at home owing to the large number of internet users,
owning smart phones and their presence on social media. Due to e-tailing,
there’s greater consumer trust to shop online also Increasing Smartphone access
to rural Bakalas will fuel the grocery market.
Availability
of multiple product choices and benefits: Availability of numerous choices in terms of brands, discount offers,
reduced delivery time, personalization, and cash on delivery, digital payment
infrastructure and easy returns will act as a major factors for development of
the online B2B grocery market in KSA. Due to e-tailing, there’s greater consumer
trust to shop online. Moreover, increasing smartphone access to rural Bakalas
is expected will fuel the grocery market. Increasing availability of both
branded and local products will drive retailers to shop at online B2B grocery
portals.
Technological
Advancements in the KSA Online B2B Grocery Market: Robotics and drone delivery are going to
revolutionize the online B2B grocery market by implementing robotic and drone
delivery, companies like Sary and Retailo can provide more cost-effective
solutions and drive the online grocery market. Artificial Intelligence (AI) and
machine learning make it possible for the customer to have automated,
personalized shopping experiences. AI is continuously collecting data and
recommending the grocery products to the customers.
The report titled “KSA Online B2B Grocery Market Outlook to 2026F– Driven by
Increasing Number of Smartphone Users and Changing Shopping Habits of Bakalas
in the Region Due to Convenience and Online Experience” provides a
comprehensive analysis of the Online B2B grocery market in Saudi Arabia. The
report also covers FMCG market, B2C Grocery Market, B2C online grocery market,
B2C offline grocery market and B2C grocery market size by regions and overview
and genesis of the industry, market size in terms of number of orders, region
wise trends, customer analysis on the basis of type of Bakalas and market
potential, major growth drivers, tech disruptions and innovations in the Online
B2B grocery market. The report finally concludes with competitive landscape
including competition scenario, cross comparison, and company profiles of major
players including list of services they offer, credit facilities and their plan
to procure, business cycle and operating model in Online B2B grocery market in
Saudi Arabia. Macroeconomic factors impacting the industry and analyst
recommendations are also included in the report.
Key Segments
Covered
Online B2B
Grocery Market
- By Product Category:
- Oil and Dairy Products
- Beverages
- Staples
- Confectionery & Snacks
- Fresh Fruits & Vegetables
- Others
- By Mode of Sales:
- Cash on Delivery
- Credit sales
- Cashless Payment on delivery
- Pre-delivery online payment
- By Point of Sales:
- Medium grocery stores
- Horeca
- Small grocery stores
- Specialty stores
- Hypermarkets
- Supermarkets
- Traditional channels (e.g., large
distributors)
- By GMV and By Number of Orders:
- Riyadh
- Jeddah
- Dammam
- Mecca
- Medina
- Rest of KSA
- By Number of Orders Per Region:
- Riyadh
- Jeddah
- Dammam
- Mecca
- Medina
- Rest of KSA
- Bakala Retailer Customer Analysis:
- Type of Bakalas:
- Organized
- Unorganized
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Key Target
Audience
- B2B Grocery Platforms
- 3PL Logistics Companies
- Grocery Delivery companies
- Last Mile Logistics Companies
- Quick Commerce Companies
- Integrated Logistics Companies
- E-Commerce Marketplace Platform
- Retail Companies
- Logistics/Supply Chain Industry Associations
- Market research and Consulting firms
Time Period
Captured in the Report:
- Base Year: 2021
- Forecast Period: 2021–2026F
Companies
Covered:
Major B2B
Online Grocery Companies
- Sary
- Retailo
- DX Buy
- Max Ab
- Fatura
Key Topics
Covered in the Report
- Executive Summary
- KSA
Online B2B Grocery Market Competition
- Saudi Arabia Online B2B Grocery Market
Overview
- Saudi Arabia FMCG Market
- Saudi Arabia Online B2B Grocery Market
- Saudi Arabia Offline B2C Grocery
- Saudi Arabia Online B2B Grocery Market Size
- Saudi Arabia Online B2B Grocery Market
Landscape
- Saudi Arabia Online B2B Grocery Market
Segmentation
- Saudi Arabia Online B2B Grocery Market End User
Analysis
- Saudi Arabia Online B2B Grocery Bakala
Retailers Analysis
- Competitive Landscape Saudi Arabia Online B2B
Grocery Market
- Future Market Size and Segmentations,
2021-2026F
- Covid-19 Impact Saudi Arabia Online B2B
Grocery Market
- Analyst Recommendations
- Case Studies
Related
Reports
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
