The demand for platform delivery services in Brunei Darussalam has been steadily increasing in recent years.
Customer preferences: Customers in Brunei Darussalam are increasingly looking for convenient and efficient ways to receive their goods and services. With the rise of e-commerce and online shopping, platform delivery services have become an increasingly popular choice for consumers. Customers are looking for fast and reliable delivery options that are also affordable.
Trends in the market: One major trend in the platform delivery market in Brunei Darussalam is the rise of local delivery services. While international players are present in the market, local companies have been able to gain a foothold by offering specialized services tailored to the local market. This includes services such as same-day delivery and cash on delivery options.Another trend is the increasing use of technology to improve delivery services. Many companies are investing in new technologies such as GPS tracking and automated delivery systems to improve efficiency and speed of delivery. This has helped to reduce delivery times and improve the overall customer experience.
Local special circumstances: One unique aspect of the platform delivery market in Brunei Darussalam is the small size of the country. This has led to a focus on local delivery services and a strong emphasis on same-day delivery options. Additionally, the country's high internet penetration rate has made it an attractive market for e-commerce companies looking to expand their reach.
Underlying macroeconomic factors: The strong growth of the platform delivery market in Brunei Darussalam can be attributed to a number of underlying macroeconomic factors. These include the country's stable political climate, growing middle class, and high levels of disposable income. Additionally, the government has been supportive of the development of the e-commerce sector, which has helped to drive growth in the platform delivery 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.
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)
