Publication

Retail Market Overview 2023

Riyadh has witnessed significant growth in the tourism industry in recent years. The growing tourism industry in Riyadh is expected to drive up the demand for retail, especially those located near popular tourist destinations.

As Riyadh continues to prioritise sustainability and outdoor activities, the demand for retail concepts that merge outdoor experiences with shopping is expected to grow. One trend that is gaining popularity in the city is outdoor retail villages, which provide a park-like setting for a mix of shops, restaurants, and entertainment venues. These retail concepts offer a unique and immersive shopping experience that also provides a platform for local businesses to showcase their products and services.

Click here to read the full report