Platform Delivery - Qatar

  • Qatar
  • The Platform Delivery market in Qatar is projected to reach a revenue of US$89.08m in 2024.
  • This indicates an expected annual growth rate (CAGR 2024-2029) of 2.62%, resulting in a projected market volume of US$101.40m by 2029.
  • Furthermore, the number of users in the Platform Delivery market is expected to reach 519.5k users by 2029.
  • The user penetration rate, which is currently at 16.8% in 2024, is projected to rise to 18.3% by 2029.
  • The average revenue per user (ARPU) is expected to be US$193.40.
  • In a global comparison, China is anticipated to generate the highest revenue, with US$166,800.00m in 2024.
  • Moreover, China boasts the highest projected user penetration rate in the Platform Delivery market, with a rate of 52.8%.
  • Qatar's platform delivery market is booming with the rise of online shopping and the growing demand for convenient and efficient delivery services.
 
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Analyst Opinion

The Platform Delivery market in Qatar has been growing steadily over the years, driven by various factors such as customer preferences, local special circumstances, and underlying macroeconomic factors.

Customer preferences:
Customers in Qatar are increasingly turning to online platforms for their daily needs, including food delivery, grocery shopping, and other services. This trend has been accelerated by the COVID-19 pandemic, which has forced people to stay at home and rely on online services. As a result, there has been a surge in demand for platform delivery services in Qatar.

Trends in the market:
The Platform Delivery market in Qatar has been witnessing a number of trends in recent years. One of the key trends is the rise of home-grown delivery platforms. These platforms have been able to capture a significant share of the market by offering localized services that cater to the needs of Qatari customers. Another trend is the increasing use of technology to enhance the delivery experience. For example, some platforms now offer real-time tracking of deliveries, allowing customers to know exactly when their orders will arrive.

Local special circumstances:
Qatar is a unique market with its own set of local special circumstances. One of the key factors driving the growth of the Platform Delivery market in Qatar is the country's large expat population. Many of these expats are used to the convenience of online platforms and are driving demand for platform delivery services in Qatar. Another local special circumstance is the country's hot climate, which makes it difficult for people to go out and shop during certain times of the day. This has led to an increased reliance on platform delivery services.

Underlying macroeconomic factors:
The Platform Delivery market in Qatar is also being driven by underlying macroeconomic factors. Qatar has one of the highest GDP per capita in the world, which means that people have more disposable income to spend on convenience services such as platform delivery. Additionally, the country's young and tech-savvy population is also contributing to the growth of the market. As more young people enter the workforce, they are increasingly turning to online platforms for their daily needs. Finally, Qatar's ambitious plans to diversify its economy and reduce its reliance on oil and gas are also creating new opportunities for platform delivery services. As the country continues to develop its infrastructure and attract more foreign investment, the Platform Delivery market in Qatar is likely to grow even further in the coming years.

Methodology

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.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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