Platform Delivery - Eastern Asia
Eastern Asia- The Platform Delivery market in Eastern Asia is expected to see significant growth in the coming years.
- According to projections, the revenue in this market is set to reach US$181.60bn by 2024.
- This growth is expected to continue at an annual growth rate of 4.20% from 2024 to 2028, resulting in a projected market volume of US$214.10bn by 2028.
- Furthermore, the number of users in the Platform Delivery market is anticipated to reach 886.3m users by 2028.
- In 2024, the user penetration rate is predicted to be 47.7%, and it is expected to increase to 53.0% by 2028.
- This indicates a growing adoption of Platform Delivery market services among the population.
- The average revenue per user (ARPU) is projected to amount to US$228.30.
- This metric provides insight into the revenue generated by each individual user in the Platform Delivery market.
- In terms of global comparison, China is expected to generate the highest revenue in the Platform Delivery market, with US$165.20bn in 2024.
- Additionally, China is projected to have the highest user penetration rate in the market, with a rate of 51.2%.
- These figures demonstrate the immense potential and growth prospects of the Platform Delivery market in Eastern Asia, particularly China.
- In Eastern Asia, the platform delivery market in China is experiencing rapid growth and is dominated by local players such as Meituan-Dianping and Ele.me.
- 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
