The demand for Grocery Delivery services in G7 countries has been increasing over the past few years.
Customer preferences: Customers in G7 countries are increasingly opting for online shopping and home delivery services due to the convenience and time-saving benefits. The COVID-19 pandemic has accelerated this trend as people are avoiding crowded places and prefer to shop from the safety of their homes. Additionally, the aging population in G7 countries is another factor driving the demand for grocery delivery services as older people prefer to have their groceries delivered to their doorstep.
Trends in the market: The Grocery Delivery market in G7 countries is highly competitive with many players entering the market. Companies are offering various services such as same-day delivery, subscription-based models, and personalized shopping experiences to attract customers. The use of technology, such as mobile apps and artificial intelligence, is also becoming more prevalent in the market. Additionally, there is a growing trend towards eco-friendly and sustainable packaging solutions in the market.
Local special circumstances: In the United States, the Grocery Delivery market is dominated by large retailers such as Walmart, Amazon, and Instacart. These companies offer same-day delivery and subscription-based models to attract customers. In Canada, the market is highly fragmented with many local players offering customized services to their customers. In Japan, the Grocery Delivery market is dominated by traditional supermarkets, but there is a growing trend towards online shopping and home delivery services.
Underlying macroeconomic factors: The Grocery Delivery market in G7 countries is expected to continue to grow due to the increasing demand for online shopping and home delivery services. Additionally, the COVID-19 pandemic has changed consumer behavior and accelerated the adoption of e-commerce. The aging population in G7 countries is also expected to drive the demand for grocery delivery services. However, the market is highly competitive, and companies need to continually innovate and offer personalized services to attract and retain customers.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
