Platform Delivery - Cyprus
Cyprus- The Platform Delivery market in Cyprus is projected to reach a revenue of US$3.23m by 2024.
- It is expected to exhibit an annual growth rate (CAGR 2024-2028) of 9.35%, resulting in a projected market volume of US$4.62m by 2028.
- Furthermore, the number of users in the Platform Delivery market is projected to reach 106.2k users by 2028.
- The user penetration rate, which is currently at 5.6% in 2024, is expected to increase to 7.7% by 2028.
- The average revenue per user (ARPU) is anticipated to amount to US$42.99.
- In comparison to other countries, China is expected to generate the most revenue in the Platform Delivery market, with an estimated revenue of US$165.20bn in 2024.
- Additionally, China holds the highest user penetration rate in the Platform Delivery market, projected to be 51.2%.
- Cyprus is experiencing a growing trend in platform delivery services, with a focus on efficiency and convenience.
- Key regions:
- United States,
- South Korea,
- China,
- Asia,
- India
Definition:
The Platform Delivery market focuses on online delivery services that provide customers with meals from partner restaurants that do not necessarily have to offer food delivery themselves. In this case, the platform (e.g. Deliveroo) handles the delivery process.Additional Information:
Revenue includes the gross merchandise value (GMV), defined as the total sales dollar value for merchandise/food sold through the Online Food Delivery marketplace. User and revenue figures represent B2C services.In-Scope
- Online meal order and delivery both carried out by a platform (e.g. Deliveroo)
Out-Of-Scope
- Phone orders
- Meals ordered online which are directly delivered by the restaurant, no matter if ordered via a platform (e.g. Delivery Hero) or a restaurant website (e.g. Domino's)
- Deliveries of non-processed or non-prepared food
