Retail Delivery - Sri Lanka
Sri Lanka- The Reail Delivery market in Sri Lanka is set to experience significant growth in the coming years.
- By 2024, the projected revenue is expected to reach US$772.60m.
- This promising trend is anticipated to continue with an annual growth rate (CAGR 2024-2028) of 20.13%, resulting in a projected market volume of US$1.61bn by 2028.
- As the market expands, the number of users is also expected to increase.
- By 2028, it is estimated that the number of users in the Reail Delivery market in Sri Lanka will reach 3.3m users.
- This growth in user base is reflected in the rising user penetration, which is projected to be 10.0% in 2024 and is expected to reach 13.4% by 2028.
- In terms of revenue per user, the average revenue per user (ARPU) is expected to be US$314.80.
- This indicates the potential for revenue generation per individual user in the Reail Delivery market in Sri Lanka.
- When compared globally, it is worth noting that United States is anticipated to generate the highest revenue in the Reail Delivery market, with an estimated revenue of US$195.40bn in 2024.
- This showcases the significant market size and potential United States.
- Furthermore, in terms of user penetration, United States is expected to have the highest rate at 30.7% in the Reail Delivery market.
- This highlights the market's strong presence and adoption United States.
- Overall, the Reail Delivery market in Sri Lanka is poised for growth, with promising revenue projections, increasing user base, and potential for revenue generation per user.
- In Sri Lanka, the retail delivery market is experiencing a surge in online grocery shopping, driven by the convenience and safety it offers amidst the ongoing 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)
