Retail Delivery - Niger

Niger

Highlights

The Reail Delivery market in Niger is projected to reach a revenue of US$81.80m by 2024.
It is expected to experience an annual growth rate (CAGR 2024-2029) of 3.79%, resulting in a projected market volume of US$98.51m by 2029.
In Niger's Reail Delivery market, the number of users is expected to reach 2.7m users by 2029.
The user penetration is predicted to be 4.6% in 2024 and is expected to increase to 7.9% by 2029.
The average revenue per user (ARPU) is projected to be US$62.69.
In global comparison, United States is expected to generate the most revenue in the Reail Delivery market, with an estimated value of US$195.40bn in 2024.
Additionally, United States has the highest projected user penetration rate in the Reail Delivery market, with a rate of 30.4%.
Niger's retail delivery market is experiencing a surge in demand for online grocery shopping due to the convenience and safety it offers.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

Retail Delivery market in Niger has shown significant growth in recent years. The market has become more competitive with the entry of multiple players in the last few years.

Customer preferences: Customers in Niger have shown a preference for online shopping, especially during the COVID-19 pandemic. The convenience of shopping from home and avoiding crowded places has led to an increase in demand for online retail delivery services. Customers have also shown a preference for fast and reliable delivery services.

Trends in the market: The Retail Delivery market in Niger has seen a significant increase in the number of players in recent years. The competition has led to an improvement in the quality of services provided by the players. The players are now offering faster and more reliable delivery services to attract customers. The market has also seen an increase in the number of partnerships between e-commerce platforms and delivery companies. These partnerships have helped to improve the delivery experience for customers, and the trend is expected to continue.

Local special circumstances: Niger is a landlocked country, which presents unique challenges for the Retail Delivery market. The lack of access to ports and other transportation infrastructure has led to higher transportation costs, which can impact the pricing of delivery services. The country also has a relatively low level of internet penetration, which can limit the growth of the online retail market.

Underlying macroeconomic factors: Niger is one of the poorest countries in the world, with a low GDP per capita. The low purchasing power of the population can limit the growth of the Retail Delivery market. However, the government has taken steps to improve the business environment in the country, which has led to an increase in foreign investment. This has helped to create jobs and increase the purchasing power of the population. The government has also invested in improving the transportation infrastructure in the country, which can help to reduce the transportation costs for delivery companies. In conclusion, the Retail Delivery market in Niger has shown significant growth in recent years, driven by an increase in online shopping and competition among players. The market has unique challenges due to the country's landlocked location and low internet penetration. However, the government's efforts to improve the business environment and transportation infrastructure can help to overcome these challenges and support the growth of the market.

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.