Retail Delivery - Myanmar
Myanmar- The Reail Delivery market in Myanmar is projected to reach a revenue of US$551.60m by 2024.
- This represents a significant growth potential for the country's retail sector.
- Furthermore, the market is expected to exhibit a strong annual growth rate (CAGR 2024-2028) of 20.12%, resulting in a projected market volume of US$1.15bn by 2028.
- In terms of user base, the Reail Delivery market in Myanmar is expected to witness a substantial increase, with the number of users reaching 6.3m users by 2028.
- This indicates a growing adoption of retail delivery services by the population.
- Additionally, the user penetration rate is projected to rise from 7.2% in 2024 to 9.6% by 2028, demonstrating an increasing market saturation.
- The average revenue per user (ARPU) is expected to amount to US$120.10.
- This metric provides insights into the revenue generated per individual user, highlighting the potential for profitability within the market.
- Comparing in Myanmar to other global markets, it is worth noting that United States is expected to generate the highest revenue in the Reail Delivery market sector, reaching US$195.40bn in 2024.
- This showcases the significant size and economic influence of the Chinese market.
- Furthermore, when considering user penetration rates, United States leads the way with a projected rate of 30.7% in the Reail Delivery market.
- This indicates a high level of market penetration and adoption of retail delivery services among the American population.
- Overall, the Reail Delivery market in Myanmar is poised for growth, with projected increases in revenue, user base, and user penetration.
- This presents opportunities for businesses operating in the retail sector to capitalize on the evolving consumer preferences and market dynamics in the country.
- In Myanmar, the retail delivery market is rapidly growing as more consumers embrace e-commerce and demand convenient and efficient delivery options.
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)
