Increase in E-Commerce Penetration coupled with Development of Infrastructure - Dark Stores and Micro Fulfilment Centres across The Archipelago Will drive the Indonesia Online Grocery Market: Ken Research
- The online grocery penetration in total grocery market is expected to grow and reach to more than 3.0% by the end of 2026.
- Post Covid-19 outbreak average basket size of online order has increased, as people spent more time at home Food category accounted for about 15% of overall expenditure allocation followed by healthcare.
- To enable quicker deliveries service providers might adopt technologies such as drone deliveries, warehouse automation, and voice ordering and ordering/searching by taking a picture in the app.
GURUGRAM, India, Aug. 10, 2022 /PRNewswire/ --
Impact of Covid-19: Companies witnessed a double-digit growth across all essential product categories namely water, fresh fruits, vegetables, health & nutrition, household supplies during the Covid-19 pandemic. Companies experienced a surge in average order size as customers were shopping in bulk. In order to fulfil the increased demand, companies expanded their delivery fleet by partnering with third party delivery companies to manage last-mile logistics. In addition to this, companies are also partnering with delivery fleets of bike ride hailing apps such as GoJek (GoRide) and food delivery companies to ensure door-to-door delivery.
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Expanding Partnerships: It is anticipated that e-grocery companies would be extending tie ups with suppliers, grocery stores (hypermarkets, supermarket), food delivery companies, e-wallet companies and other fintech firms to leverage their capabilities to fulfil consumer orders. Other future strategies which the companies might adopt are Introducing express delivery, regional expansion, product portfolio diversification, focus on achieving operational efficiency and establishment of dark store and micro-fulfilment centres.
Application of AI: Drone Technology, Voice Ordering, Artificial Intelligence & Machine Learning, Warehouse Automation is anticipated to drive the online grocery market in future. AI & Machine learning technologies can be used to provide a personalised shopping experience to the customer. As the industry is in growth stage a strong supply chain accompanied by enhanced demand prediction and consumer behaviour analysis is crucial to ensure sufficient availability of products timely delivery of the fresh produce at minimum wastage.
According to the report by Ken Research titled "Indonesia Online Grocery Market Outlook to 2026 – Driven by Changing Shopping Habits of Consumers and Regional Expansion of Local & International Players in the Archipalego" the online Grocery Delivery Market will increase at a CAGR of 31.1% during outlook period 2021P – 2026F. The market will witness growth owing to introduction of subscription models & innovative strategies adopted by service provides, coupled with increasing demand from the population under the age bracket (25 – 37 years). Moreover, growing working population and rising internet penetration will further comprehend the market growth.
Key Segments Covered:-
- By Region
- Java
- Sumatra
- Kalimantan
- Lesser Sunda Islands
- Sulawesi
- Other Regions
- By Age Group
- 18-24 years
- 25-37 years
- 38-44 years
- 45+ years
- By Product Category
- Food & Beverages
- Household Supplies
- Beauty and Health
- Fresh Food
- Others
- By Gender
- Male
- Gender
- By Mode of Payment
- Online Payment
- Cash on Delivery
- By Mode of Delivery
- In a Specific Time Period (Same Day or Next Day)
- Express Delivery (30 Minutes to 120 Minutes)
- Other (2 – 3 Days or More)
- By Type of Business
- B2C
- B2B
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Companies Covered:-
- Shopee
- Tokopedia
- Sayurbox
- GoMart
- GrabMart
- TaniHub
- ChilliBeli
- Dropezy
- HappyFresh
Key Target Audience:-
- Online Grocery Delivery Companies
- Supermarkets & Hypermarkets
- E-commerce Companies
- Food Delivery Companies
- Investors
Time Period Captured in the Report:-
- Historical Period: 2016 – 2021P
- Forecast Period: 2021P – 2026F
Key Topics Covered in the Report:-
- Difference between Online & Offline Grocery Shopping. Why Online Grocery is the Way Forward?
- Target Addressable Audience
- Supply Ecosystem and Competition Parameters
- Demand Scenario, Target Customer and Factor Influencing Consumer Behaviour
- Technologies Facilitating Online Grocery Industry
- Upcoming Technologies in Online Grocery Industry
- Cross Comparison of Operating Models (Marketplace, Pureplay and Omnichannel)
- Revenue Streams
- Marketing Strategies
- Addressable Gap in the Market and Possible Solutions
- Emerging Business Strategies
- Best Practices in Business
- Covid-19 Impact on Indonesia Online Grocery Market
- Analyst Recommendations
- Bandung Grocery Market
- Chillibeli Orders Indonesia
- Corona Impact Grocery Indonesia
- Corona Impact Online Grocery Indonesia
- Dropezy Delivery Fleet Indonesia
- Dropezy Online Grocery Orders
- Fruits & Vegetables Online Orders
- GrabMart Orders Indonesia
- Grocery Users Indonesia
- HappyFresh Online Grocery Orders
- Indonesia Grocery Market
- Indonesia Grocery Order
- Indonesia Online Grocery
- Jakarta Grocery Market
- Jakarta Online Grocery Orders
- Makassar Grocery Market
- Makassar Online Grocery Orders
- Market Share Shopee Indonesia
- Medan Grocery Market
- Pureplay Grocery Companies Indonesia
- Sayurbox Grocery Orders Indonesia
- Surabaya Grocery Market
- TaniHub Market Share Indonesia
- Tokopedia Market Share Indonesia
For more information on the research report, refer to below link:-
Indonesia Online Grocery Market
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