Retail Delivery - BRICS

BRICS

Highlights

The Reail Delivery market in BRICS is projected to witness a significant revenue growth, with an estimated value of US$227.50bn by 2024.
This growth is expected to continue at an annual growth rate (CAGR 2024-2029) of 12.79%, resulting in a market volume of approximately US$415.30bn by 2029.
In terms of user base, the Reail Delivery market in BRICS is expected to reach 839.6m users users by 2029.
The user penetration rate, which is the proportion of users compared to the total population, is projected to be 17.9% in 2024 and is anticipated to rise to 25.0% by 2029.
The average revenue per user (ARPU) in the Reail Delivery market is expected to be US$384.70.
In global comparison, United States is forecasted to generate the highest revenue in the Reail Delivery market, with an estimated value of US$195.40bn in 2024.
On the other hand, United States is expected to have the highest user penetration rate, reaching 30.4%.
In Brazil, retail delivery services have seen a significant increase in demand due to the growing popularity of e-commerce platforms.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Retail Delivery market in BRICS is a dynamic and evolving industry that is adapting to the changing needs of customers. As the world's largest emerging economies, Brazil, Russia, India, China, and South Africa are experiencing rapid growth in their retail sectors, and this is driving the demand for efficient and reliable delivery services.

Customer preferences: In the BRICS countries, customers are increasingly demanding faster and more convenient delivery options. The rise of e-commerce has transformed the way people shop, and customers now expect to receive their purchases quickly and with minimal hassle. This has led to the growth of same-day and next-day delivery services, as well as the use of innovative technologies such as drones and autonomous vehicles.

Trends in the market: In Brazil, the Retail Delivery market is growing rapidly, driven by the rise of e-commerce and the increasing demand for faster and more convenient delivery options. Same-day delivery is becoming increasingly popular, particularly in major cities such as São Paulo and Rio de Janeiro. In Russia, the market is also expanding, with the growth of e-commerce and the increasing use of mobile devices driving demand for delivery services. In India, the market is highly competitive, with a large number of players offering a range of delivery options, including cash on delivery and same-day delivery. In China, the market is dominated by major players such as Alibaba and JD.com, who are investing heavily in logistics infrastructure and technology to improve delivery times and efficiency. In South Africa, the market is still in its early stages, but is expected to grow rapidly in the coming years as e-commerce continues to expand.

Local special circumstances: Each of the BRICS countries has its own unique set of circumstances that are shaping the development of the Retail Delivery market. In Brazil, the country's vast size and complex logistics infrastructure present significant challenges for delivery companies. In Russia, the harsh climate and vast distances between cities make delivery a challenging task. In India, the country's complex regulatory environment and fragmented logistics infrastructure make it difficult for companies to operate efficiently. In China, the dominance of major players such as Alibaba and JD.com make it challenging for smaller companies to compete. In South Africa, the country's underdeveloped logistics infrastructure and high levels of crime present significant challenges for delivery companies.

Underlying macroeconomic factors: The growth of the Retail Delivery market in BRICS is being driven by a range of macroeconomic factors, including rising incomes, urbanization, and the growth of e-commerce. As more people move to cities and incomes rise, the demand for convenient and reliable delivery services is increasing. At the same time, the growth of e-commerce is transforming the retail sector, and delivery companies are playing a key role in enabling this transformation. In addition, the increasing use of technology and innovation is helping to improve delivery times and efficiency, making it easier for companies to meet the changing needs of 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.