Platform Delivery - Suriname

  • Suriname
  • The Platform Delivery market in Suriname is projected to reach a revenue of US$62.00k by 2024.
  • This is expected to show an annual growth rate (CAGR 2024-2029) of 9.31%, resulting in a projected market volume of US$96.75k by 2029.
  • In Suriname's Platform Delivery market, the number of users is expected to amount to 8.6k users by 2029.
  • The user penetration is projected to be 0.9% in 2024 and is expected to increase to 1.3% by 2029.
  • The average revenue per user (ARPU) is expected to be US$10.90.
  • In global comparison, China is expected to generate the highest revenue of US$166,800.00m in 2024.
  • Surprisingly, China also has the highest user penetration rate in the Platform Delivery market, projected to be 52.8%.
  • Suriname is experiencing a growing demand for platform delivery services, driven by the increasing popularity of online shopping.
 
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Analyst Opinion

Suriname, a small country in South America, is experiencing a surge in the Platform Delivery market. This market, which allows customers to order and receive goods or services through online platforms, is becoming increasingly popular in Suriname due to various factors.

Customer preferences:
Customers in Suriname are increasingly looking for convenience and efficiency when it comes to purchasing goods and services. With the rise of technology, more and more people are turning to online platforms to order food, groceries, and other products. This trend is particularly prevalent among younger generations who are more tech-savvy and comfortable with using digital platforms.

Trends in the market:
The Platform Delivery market in Suriname is still in its early stages but is rapidly growing. Major players in the market are expanding their operations to the country, providing customers with a wider range of options. Additionally, local entrepreneurs are also entering the market, creating their own delivery platforms to cater to the growing demand.

Local special circumstances:
One of the unique characteristics of the Platform Delivery market in Suriname is the country's diverse population. With a mix of different cultures and cuisines, there is a high demand for food delivery services that offer a variety of options. This has led to the emergence of specialized delivery platforms that cater to specific cuisines, such as Chinese or Indian food.

Underlying macroeconomic factors:
Suriname's economy is heavily reliant on the export of natural resources, such as gold and oil. However, in recent years, the country has been facing economic challenges due to falling commodity prices and political instability. This has led to a rise in unemployment and a decrease in purchasing power for many Surinamese. The Platform Delivery market offers an affordable and convenient option for customers to purchase goods and services, making it an attractive alternative to traditional brick-and-mortar stores. Additionally, the COVID-19 pandemic has accelerated the growth of the Platform Delivery market in Suriname as more people are staying at home and relying on online platforms to purchase goods and services.In conclusion, the Platform Delivery market in Suriname is experiencing significant growth due to changing customer preferences, local special circumstances, and underlying macroeconomic factors. As the market continues to evolve, it is likely that we will see new players entering the market and existing players expanding their operations to cater to the growing demand.

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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