Platform Delivery - Algeria

Algeria

Highlights

The revenue in the Platform Delivery market in Algeria is projected to reach US$16.79m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 11.61%, resulting in a projected market volume of US$29.09m by 2029.
In Algeria's Platform Delivery market, the number of users is expected to amount to 1.5m users by 2029.
User penetration will be 2.0% in 2024 and is expected to reach 3.1% by 2029.
The average revenue per user (ARPU) is expected to amount to US$18.44.
In global comparison, the majority of revenue will be generated China, with an estimated value of US$166.80bn in 2024.
Furthermore, China has the highest user penetration rate in the Platform Delivery market, projected to be 52.8%.
Algeria's platform delivery market is experiencing a surge in demand driven by the growing e-commerce sector.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Platform Delivery market in Algeria has seen a steady growth in recent years.

Customer preferences: Algerian consumers are increasingly adopting e-commerce and online shopping, which has led to a rise in demand for platform delivery services. The convenience and speed of these services have become important factors for customers, who are looking for fast and reliable delivery options.

Trends in the market: One of the major trends in the Platform Delivery market in Algeria is the growth of local players. Domestic companies have been able to provide customized solutions that cater to the specific needs of Algerian customers. These companies have also been able to leverage their local knowledge and expertise to provide better services and expand their reach.Another trend in the market is the increasing adoption of technology. Platform delivery companies are investing in technology to improve their operations, increase efficiency, and provide better services to customers. For instance, many companies are using artificial intelligence and machine learning to optimize their delivery routes and reduce delivery times.

Local special circumstances: The Platform Delivery market in Algeria is characterized by a number of local special circumstances. One of the major challenges faced by companies operating in this market is the country's poor infrastructure. This has made it difficult for companies to provide timely and reliable delivery services, especially in remote areas.Another challenge is the country's complex regulatory environment. Companies have to navigate a number of regulations and bureaucratic hurdles to operate in Algeria. This has made it difficult for foreign companies to enter the market, giving domestic players an advantage.

Underlying macroeconomic factors: Algeria's economy has been heavily dependent on oil and gas exports, which account for over 90% of the country's total exports. However, the decline in oil prices in recent years has had a significant impact on the country's economy, leading to a slowdown in growth and rising unemployment.Despite these challenges, the Algerian government has been taking steps to diversify the economy and promote non-oil sectors such as e-commerce and logistics. This has created opportunities for companies operating in the Platform Delivery market, as the government has been investing in infrastructure and technology to support the growth of the sector.

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.