Switzerland is known for its beautiful landscapes and delicious chocolates. However, the Online Food Delivery market in Switzerland is also gaining popularity in recent years.
Customer preferences: Swiss customers are known for their love for traditional food. However, with the rise of online food delivery services, they are also exploring international cuisines. Customers prefer online food delivery services due to convenience and time-saving. They also value the ability to track their orders and receive them at their doorstep.
Trends in the market: The Online Food Delivery market in Switzerland is growing rapidly due to the increasing number of customers who prefer to order food online. The market is becoming more competitive, with new players entering the market. The trend of healthy food delivery is also gaining popularity, with customers opting for healthier options. Another trend is the use of eco-friendly packaging, which is becoming more popular among customers.
Local special circumstances: Switzerland is a small country with a high standard of living. As a result, the cost of living is high, and the minimum wage is relatively high compared to other countries. This has resulted in higher prices for online food delivery services. However, customers are willing to pay the premium price for the convenience and quality of service.
Underlying macroeconomic factors: The Swiss economy is stable, with a low unemployment rate and high GDP per capita. This has resulted in high purchasing power for Swiss customers, making them more willing to spend on premium services like online food delivery. The country is also known for its strict food safety regulations, which ensure the quality and safety of food products. This has resulted in customers having high expectations for the quality of food delivered to them.In conclusion, the Online Food Delivery market in Switzerland is growing rapidly due to the convenience and time-saving it offers to customers. Swiss customers are also willing to pay a premium price for the quality of service and food. The market is becoming more competitive, with new players entering the market, and healthy food delivery and eco-friendly packaging becoming more popular among customers. The stable Swiss economy and strict food safety regulations also contribute to the growth of the 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.
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