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As one of the smallest countries in Europe, Moldova is a developing country that has been experiencing a growth in its economy over the past years. The Retail Delivery market in Moldova has not been an exception to this growth, as it has been developing at a steady pace.
Customer preferences: Moldovan customers are increasingly becoming tech-savvy, and this has led to a surge in online shopping. Customers prefer to shop online due to the convenience it offers in terms of time and accessibility. Additionally, the younger generation in Moldova is more inclined towards online shopping as they are more exposed to technology.
Trends in the market: One of the significant trends in the Retail Delivery market in Moldova is the growth of e-commerce. With the rise of online shopping, there has been an increase in demand for faster and more efficient delivery services. Retailers are now investing in logistics and transportation to meet the growing demand for online shopping. There has also been a trend towards the use of mobile applications for shopping, which has further accelerated the growth of e-commerce.Another trend in the market is the use of alternative delivery methods such as lockers and pick-up points. These methods offer customers more flexibility and convenience, especially for those who are not always available to receive their packages at home.
Local special circumstances: Moldova is a landlocked country, and this has limited its access to international markets. The country heavily relies on imports, which has resulted in high transportation costs. These high costs have made it challenging for retailers to offer affordable delivery services, which has led to the development of local delivery companies.
Underlying macroeconomic factors: The growth of the Retail Delivery market in Moldova can be attributed to the country's economic growth. Over the past years, Moldova has been experiencing a steady increase in its GDP, which has led to an increase in consumer spending. Additionally, the government has been implementing policies that promote entrepreneurship and investment, which has led to the growth of the retail sector.In conclusion, the Retail Delivery market in Moldova is developing at a steady pace, driven by the growth of e-commerce and the increasing demand for faster and more efficient delivery services. The use of alternative delivery methods such as lockers and pick-up points is also on the rise. Moldova's landlocked location has limited its access to international markets, which has led to the development of local delivery companies. The growth of the Retail Delivery market can be attributed to the country's economic growth, which has led to an increase in consumer spending.
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)