The popularity of online shopping has been on the rise since the early 2000s, and Canada is no exception to this trend. As a result, the Retail Delivery market in Canada has been rapidly developing in recent years.
Customer preferences: Customers in Canada have been increasingly opting for online shopping due to its convenience and accessibility. The COVID-19 pandemic has further accelerated this trend as more people are choosing to shop from the safety of their homes. As a result, there has been a surge in demand for retail delivery services in Canada.
Trends in the market: One of the major trends in the Retail Delivery market in Canada is the rise of same-day and next-day delivery options. Retailers are increasingly offering these services to meet the growing demand for faster delivery times. Additionally, there has been a shift towards sustainable and eco-friendly delivery options such as electric vehicles and bike couriers.Another trend in the market is the expansion of delivery services beyond traditional retail sectors. Delivery services are now being offered for groceries, pharmaceuticals, and other essential items. This has further increased the demand for retail delivery services in Canada.
Local special circumstances: Canada's vast geography and harsh winters present unique challenges for the Retail Delivery market. Delivery companies need to have efficient logistics and transportation systems in place to ensure timely and reliable delivery, especially during the winter months. Additionally, the country's bilingualism adds another layer of complexity to the delivery process, as some customers prefer to receive packages in French.
Underlying macroeconomic factors: The growth of the Retail Delivery market in Canada can be attributed to several macroeconomic factors. The country's strong economy and high standard of living have led to increased consumer spending and demand for online shopping. Additionally, the rise of e-commerce giants such as Amazon has disrupted the traditional retail industry, leading to a shift towards online shopping and delivery services.In conclusion, the Retail Delivery market in Canada has been rapidly developing due to changing customer preferences, the rise of e-commerce, and the unique challenges presented by the country's geography and weather. As the demand for online shopping and delivery services continues to grow, the market is expected to further expand and evolve in the coming years.
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.
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