Retail Delivery - Belgium
Belgium- The Reail Delivery market in Belgium is expected to witness significant growth in the coming years.
- According to projections, the market's revenue is set to reach US$250.80m by the year 2024.
- Furthermore, the market is expected to display a compound annual growth rate (CAGR) of 7.55% between 2024 and 2028, leading to a projected market volume of US$335.50m by the end of 2028.
- In terms of user base, the Reail Delivery market in Belgium is anticipated to see a substantial increase.
- By 2028, the number of users is estimated to reach 3.7m users.
- This signifies a considerable growth potential for businesses operating in this sector.
- As for user penetration, it is predicted to be 25.4% in 2024 and is projected to rise to 31.4% by 2028.
- This indicates that a larger proportion of the population in Belgium will be utilizing Reail Delivery market services in the coming years.
- The average revenue per user (ARPU) is expected to be US$84.28, reflecting the potential for generating substantial revenue from each user.
- When comparing in Belgium to other countries in terms of revenue generation, United States is expected to lead the pack with a projected revenue of US$195.40bn in 2024.
- This highlights the immense market size and opportunities available in United States's Reail Delivery market sector.
- In contrast, United States is anticipated to have the highest user penetration rate in the Reail Delivery market, reaching 30.7% by the end of the forecast period.
- This showcases the strong adoption and popularity of Reail Delivery market services among consumers United States.
- Belgium's retail delivery market is experiencing a surge in demand for online grocery shopping, driven by convenience and the need for contactless shopping during the COVID-19 pandemic.
Definition:
The Retail Delivery market includes the delivery of food and non-food products that people regularly buy from a grocery store, including food and beverages, pet food, household cleaning products, personal care products, and other household consumable products carried out directly by supermarkets, brick-and-mortar shops, or grocery stores. The order is placed through an online shop run by the retailer (e.g. Walmart+, Amazon Fresh). Delivery is typically scheduled for same-day but there are also other possibilities.Additional Information
Revenue figures refer to Gross Merchandise Value (GMV). User and revenue figures represent B2C services.In-Scope
- Operates own warehouse
- Has products on the balance sheet
- Uses own or third-party delivery
Out-Of-Scope
- Phone orders
- Deliveries online through ghost warehouses (e.g., Getir, Flink, Gorillas)
- Deliveries online of preportioned recipe boxes (e.g., HelloFresh)
- Online orders where a personal shopper picks and delivers grocery items (e.g., Instacart)
