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The Retail Delivery market in Asia has been experiencing significant growth in recent years, driven by changing customer preferences and local special circumstances.
Customer preferences: One of the key drivers of the growth in the Retail Delivery market in Asia is changing customer preferences. Consumers are increasingly looking for convenience and speed when it comes to shopping, and the rise of e-commerce has made it easier than ever for people to shop online. As a result, retailers in Asia are investing heavily in their delivery capabilities to meet the growing demand for fast and reliable delivery services. This has led to the emergence of a number of new players in the market, including third-party logistics providers and specialized delivery companies.
Trends in the market: The Retail Delivery market in Asia is characterized by a number of different trends, depending on the specific country in question. In China, for example, the rise of e-commerce has led to the emergence of a number of large delivery companies, such as SF Express and JD.com. These companies have invested heavily in technology and logistics infrastructure to ensure that they can deliver packages quickly and efficiently. In Japan, on the other hand, the market is dominated by the country's national postal service, which has a long history of providing reliable delivery services. However, even in Japan, there has been a growing trend towards the use of third-party logistics providers and specialized delivery companies.
Local special circumstances: Another factor driving the growth of the Retail Delivery market in Asia is local special circumstances. In many countries in the region, infrastructure is still developing, which can make it difficult for retailers to deliver products quickly and efficiently. As a result, there is a growing demand for specialized delivery services that can navigate these challenges. In addition, many countries in Asia have large populations living in urban areas, which can make traditional delivery methods, such as using trucks and vans, difficult. This has led to the emergence of alternative delivery methods, such as using bicycles and scooters to navigate crowded city streets.
Underlying macroeconomic factors: Finally, the growth of the Retail Delivery market in Asia is also being driven by underlying macroeconomic factors. Many countries in the region are experiencing rapid economic growth, which is leading to an increase in consumer spending. This, in turn, is driving demand for faster and more reliable delivery services. In addition, the rise of e-commerce is creating new opportunities for retailers to reach customers in remote areas, which is helping to drive growth in the Retail Delivery market. Overall, the Retail Delivery market in Asia is expected to continue to grow in the coming years, driven by changing customer preferences, local special circumstances, and underlying macroeconomic factors.
Data coverage:
The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)