Retail Delivery - Jordan

  • Jordan
  • The Reail Delivery market in Jordan is expected to experience significant growth in the coming years.
  • According to projections, the revenue in this market is estimated to reach US$564.00m JOD in 2024.
  • This indicates a promising future for the industry in the country.
  • Furthermore, the market is expected to maintain a strong annual growth rate of 18.63% from 2024 to 2028.
  • This growth trajectory is projected to result in a market volume of US$1,117.00m JOD by 2028.
  • Such growth indicates a thriving market environment for retailers and delivery service providers in Jordan.
  • In terms of user base, the Reail Delivery market is anticipated to witness an increase in the number of users.
  • By 2028, it is estimated that there will be approximately 1.4m users users in Jordan.
  • This indicates a significant potential for market expansion and highlights the demand for retail delivery services in the country.
  • User penetration, which measures the percentage of the population using retail delivery services, is expected to rise from 9.5% in 2024 to 12.1% by 2028.
  • This suggests that an increasing number of people in Jordan are embracing the convenience of retail delivery.
  • The average revenue per user (ARPU) in the Reail Delivery market is estimated to be US$0.51k JOD.
  • This figure demonstrates the potential profitability of the industry in Jordan and highlights the value that retailers can derive from each user.
  • When comparing the global landscape, it is worth noting that in the United States is projected to generate the highest revenue in the Reail Delivery market, reaching US$195,400.00m JOD in 2024.
  • This highlights the significant market size and potential of the Chinese retail delivery sector.
  • In terms of user penetration, in the United States is expected to have the highest rate with a projected figure of 30.7%.
  • This indicates a high level of adoption and acceptance of retail delivery services among the population in the United States.
  • Overall, the Reail Delivery market in Jordan is poised for growth, with increasing revenue, expanding user base, and rising user penetration.
  • This presents opportunities for businesses in the country to capitalize on the growing demand for retail delivery services.
  • The retail delivery market in Jordan is experiencing a shift towards online platforms, driven by increased internet penetration and changing consumer preferences.
 
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Analyst Opinion

The Retail Delivery market of Online Grocery Delivery dominates the market. Retailers were able to scale their online channels rapidly during the COVID-19 lockdowns to meet the exponential rise in customer demand. Retailers still need to look for ways to attract more customers to keep up with the competition. Walmart for example introduced a service where the delivery driver would deliver groceries to the customer’s fridge.

The growth rates of 2022 will see a slight decline in comparison to 2020 and 2021 due to the uncertainty of macroeconomic factors. Although China has a steady lead over the rest of the regions, the U.S. market shows strong growth signals in our forecast. This is due to the high demand and rapid rise of grocery spending per capita.

Methodology

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.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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