The Platform Delivery market in Canada has been experiencing significant growth in recent years, driven by various factors such as the rise of e-commerce, increasing demand for faster and more efficient delivery services, and the adoption of technology in the logistics industry.
Customer preferences: Canadian consumers are increasingly demanding faster and more convenient delivery options, with same-day and next-day delivery becoming the norm. This has led to a rise in demand for platform delivery services that offer real-time tracking, flexible delivery options, and reliable service.
Trends in the market: One of the major trends in the Platform Delivery market in Canada is the adoption of technology to improve efficiency and reduce costs. This includes the use of artificial intelligence, machine learning, and automation to optimize delivery routes, reduce delivery times, and improve overall logistics operations. Another trend is the rise of eco-friendly delivery options, with many companies offering sustainable delivery solutions such as electric vehicles and bicycles.
Local special circumstances: Canada's vast geography and harsh weather conditions present unique challenges for the logistics industry. With a population that is largely concentrated in urban areas, last-mile delivery remains a key challenge for platform delivery companies. Additionally, Canada's strict regulations on cross-border trade and e-commerce can create barriers for international companies looking to enter the Canadian market.
Underlying macroeconomic factors: Canada's strong economy, high standard of living, and tech-savvy population have created a favorable environment for the growth of the Platform Delivery market. The country's well-developed infrastructure and highly educated workforce also contribute to the industry's success. However, rising labor costs and a highly competitive market pose challenges for companies looking to maintain profitability.
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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