Franchising is an increasingly popular approach to establish consumer-oriented businesses in Saudi Arabia. Although the franchise market is small compared to that in the United States, it is rapidly expanding in a variety of business sectors. According to a local study, the Saudi franchise market is expected to grow an average of 10-12% annually over the next three years. The same study projects the value of paid fees and royalties at more than SR 1.2 billion ($323 million). The growth in this sector is based on Saudis’ desire to own their own business and a widely held appreciation for Western methods of conducting business. American franchises dominate the market, but face growing competition from local and foreign companies. There are more than 300 foreign companies that have founded franchises in Saudi Arabia.
|Total Population||28.29 Million|
|GDP per Capita||$25,136 USD|
|% GDP on Healthcare||3.69 (Including LTC)|
65+ Population by Year
3% of Population
5% of Population
13% of Population