LONDON, July 7, 2016 /PRNewswire/ -- Executive Summary
The report titled "India Hyperlocal Market Outlook to 2020 - Driven by Surge in Number of Startups and Series of Funding" provides a comprehensive analysis of the various aspects such as market size of the India Hyperlocal Market, Logistics, Food, Groceries, Pharmacy, Horizontal and Concierge. The report covers various aspects such as market size of India hyperlocal market, segmentation on the basis of regions, orders and revenue, by time of delivery, trends and developments, SWOT analysis, BCG Matrix, pre-requisites to enter the market and success and failure case studies of various Hyperlocal companies in the country. The report also provides market share, business strategies, month-on-month order growth and key performance indicators of major companies in horizontal hyperlocal, food technology, grocery, pharmacy, concierge segment. The report also provides future analysis of overall hyperlocal market of India and its segments. The report is useful for Hyperlocal vendors, investors and funding institutions, E-commerce companies and new players venturing in the market.
India Hyperlocal Market
Hyperlocal market in India, which is driven by sales of Logistics, Food, Groceries, registered revenues of INR ~ million in 2015. Even with the advent of new startups in the industry, the revenues increased by 41% compared to 2014 where the total revenues were registered as INR ~ million. The Hyperlocal market in India has grown at a growth rate of 71% in number of orders from ~ million in 2014 to ~ million in 2015.
The Hyperlocal industry in India is comprised of various segments such as Logistics, Food, Groceries, Pharmacy, Horizontal and Concierge segment that comprises of various companies in the Hyperlocal market in India. The horizontal hyperlocal market has remained largest contributor to the hyperlocal market with share of ~% in overall market revenues followed by food hyperlocal market registering share of ~% in the revenues in 2015. In addition to this, Bangalore and Delhi have been the home to various Hyperlocal startups due to ease in transportation and infrastructure facilities. Delhi accounted for ~% of the overall hyperlocal market order in December 2015 followed by Bangalore with ~% share in the total number of orders. The India Hyperlocal market will grow at a considerable CAGR rate thus exceeding INR ~ million by 2020.
India Logistics Hyperlocal Market
The hyperlocal logistic market in India has intensified at a healthy growth rate in the recent past and has provided a sound platform for the new entrants as well as the budding firms in the market space. The market for logistics hyperlocal in India has registered revenues of INR ~ million in 2015, registering a continuous incline from January 2015 to December 2015. Indian logistic hyperlocal market has witnessed presence of large number of players. Hyperlocal Logistics market in the country has majorly been driven by various players such as Roadrunnr, Grab.in, Shadowfax, Opinio, Xpress Runner and others. Roadrunnr has accounted for ~% of the overall market revenues in 2015, followed by Grab.in contribution of ~% towards the overall market revenues.
In the coming years, logistics hyperlocal market is projected to incline not only in terms of picking up of orders but also delivering essential products such as food, groceries and dairy products. The market revenues of the hyperlocal logistics market has been projected to augment at a CAGR of ~% during the period 2016-2020 and reach INR ~ million by 2020, whereas number of orders in future would witness a rise at a CAGR of ~% during the outlook period (2016-2020).
India Grocery Hyperlocal Market
The market for hyperlocal grocery has changed radically in India in the past few years. The revenues of the hyperlocal market were registered as INR ~ million in 2015 with number of orders being registered at ~ thousand during the same period. The market has seen presence of players such as Grofers, Pepper tap, Go Zopping, Ninja cart and many other players. Grofers had been the leading players in the India Hyperlocal logistics market and captured ~% of the overall market revenues during 2015. PepperTap has been the second largest player operating in the hyperlocal grocery space of India with revenue contribution of ~% to overall market revenues in 2015. The market is expected to witness a rise in the volume growth with an increase in demand per city. The grocery hyperlocal market in India is expected to grow at a CAGR of ~% in the coming years from 2016 to 2020. It has been estimated that the total market size of grocery hyperlocal in the country will increase from INR ~ million in 2016 to INR ~ million in 2020.
India Food Hyperlocal Market
The revenues generated by food hyperlocal market in India augmented rapidly during January 2015 to December 2015 and has been registered as INR ~ million in 2015. The market has witnessed an enhancement in the demand of online food ordering due to the migration of people in the urban areas. The leader in the food hyperlocal market of India is Food Panda, which has commanded a noteworthy market share during 2015, recorded at ~% in terms of market revenues. The market is expected to witness a CAGR of ~% in terms of number of orders and ~% in terms of revenue during the year 2016-2020. Owing to rising intercity migration by professional as well as educational purposes would further lead to amplification in number of order to ~ million in 2020, leading to inclination in revenues to INR ~ million by 2020.
India Horizontal Hyperlocal Market
India horizontal hyperlocal market has recorded the highest demand from consumers in the year 2015. This exponential usage of online horizontal hyperlocal has led to a growth in number of individuals opting out for horizontal hyperlocal services for different usages such as plumbing, electrician, wedding planning and others across the country. The market of horizontal hyperlocal in India has registered revenues of INR ~ million by servicing the ~ thousand requests in 2015. India Horizontal hyperlocal market is largely dominated by two major players, namely Local Oye and Urban Clap. The market is therefore highly concentrated, with Local Oye and Urban Clap collectively contributing ~% of the market revenues in 2015. The market of horizontal hyperlocal in India is projected to witness an incline in revenues from INR ~ million in 2016 to INR ~ million in 2020.
India Pharmacy Hyperlocal Market
India Hyperlocal pharmacy market has been influenced by the presence of firms such as 1mg, PM Health and Life Care, Pluss and others. 1mg has earned revenue worth INR ~ million in 2015 and has a major share in the pharmacy Hyperlocal market. Online purchase of medicines and drugs through doctor's prescriptions along with recommendations through doctors has led to an increase in demand of pharmacy through online channels in the country at a phenomenal rate. In the coming years (2016-2020), the market for pharmacy hyperlocal is projected to witness rapid rise in number of orders received which in turn would lead to rise in revenues generated by the market from INR ~ million in 2015 to INR ~ million in 2020.
India Concierge Hyperlocal Market
Hyperlocal concierge services involve delivery from both B2B and B2C segments. Delivery within B2B segments involves delivery to various clients (companies, restaurants and others) whereas delivery within B2C segment involves delivery of products to the customers. Concierge Hyperlocal market is majorly based on delivery of volume products in order to enhance the margins. The market registered revenues of INR ~ million in 2015 on account of ~ thousand requests during the period. The market has witnessed presence of several startups such as Godd Service, Joe Hukum, Bhejjo and many other players. In the future the revenue contribution of the market is expected to incline at a swift rate and reach ~% by 2020.
Key Topics Covered in the Report:
-The market size of the India Hyperlocal Market by Revenue
-The market size of India Hyperlocal Market by Orders
-The market segmentation by Regional Demand, by Revenue, by Orders
-Major Business Models prevalent in the Hyperlocal Space
-India Hyperlocal Market-BCG Matrix
-Pre-requisites to enter the market
-Cost to Setup a Hyperlocal Market
-Competitive Landscape for Major Players in India Hyperlocal Market
-Company Profiles of Major Players in India Hyperlocal Market
-Company Profiles of - Logistics (Roadrunnr, Shadowfax, Grab, Opinio, LataHun and others)
-Company Profiles of- Food (Foody's, Foodabhi.com, Boibanit, Swiggy and others)
-Company Profiles of- Groceries (Grofers, Pepper Tap, Ninja Cart and others)
-Company profile of – Horizontal Hyperlocal (Local Oye)
-Company Profiles of- Pharmacy Hyperlocal (1mg)
-Trends and Developments in India Hyperlocal Market
-Competitive landscape of major players in Logistics, Food, Groceries, Horizontal and Pharmacy
-Future outlook and projections of the India Hyperlocal Market- By Revenue and Orders
-Analyst Recommendation (Success and Failure Case Studies of Hyperlocal Companies in India)
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