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Online food delivery has been a growing trend in many parts of the world, and Papua New Guinea is no exception. With advancements in technology and changing consumer preferences, the online food delivery market in the country has been experiencing significant growth in recent years.
Customer preferences: One of the main reasons for the growth of the online food delivery market in Papua New Guinea is the changing consumer preferences. With the increasing urbanization and busy lifestyles, people in the country are looking for convenient and time-saving options for their daily needs. Online food delivery services provide a hassle-free solution for people to order food from their favorite restaurants and have it delivered to their doorstep. Additionally, the availability of a wide range of food options and the ability to compare prices and menus have made online food delivery services more attractive to consumers.
Trends in the market: The online food delivery market in Papua New Guinea has been witnessing some interesting trends in recent years. One of the major trends is the increasing popularity of mobile apps for food delivery services. Many food delivery companies have launched mobile apps to make it easier for customers to order food on the go. Another trend is the growing demand for healthy food options. Consumers in Papua New Guinea are becoming more health-conscious and are looking for food options that are not only delicious but also healthy.
Local special circumstances: Papua New Guinea is a country with a diverse culture and cuisine. The local food market is dominated by traditional dishes that are unique to the country. However, the online food delivery market has opened up opportunities for restaurants to offer a wider range of cuisines, including international options. This has allowed consumers to try out new and exciting food options that were previously not available in the country.
Underlying macroeconomic factors: The growth of the online food delivery market in Papua New Guinea is also influenced by several macroeconomic factors. The country has been experiencing economic growth in recent years, which has led to an increase in disposable income and consumer spending. Additionally, the increasing penetration of smartphones and internet connectivity has made it easier for people to access online food delivery services. The government's efforts to promote entrepreneurship and innovation have also created a favorable environment for the growth of the online food delivery market in the country.
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)