Indonesia Online Grocery Market Growth 2023, Under Covid-19

According to SPER Market Research, Due to the drawbacks of offline grocery shopping, such as the inconvenience of travel, long queues for payments, and the expense of impulse purchases, e-grocery first appeared in Indonesia. The Indonesian online grocery market is currently experiencing a phase of growth and is growing at an astonishing double-digit rate. Demand is projected to expand at a double-digit CAGR based on GMV during the research period. The market’s increasing embrace of new technologies by most rivals, together with the emergence of tech-based delivery solutions like drone delivery, warehouse automation, voice ordering, and others, are largely responsible for this.

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Indonesia Online Grocery Market Overview:
• Forecast CAGR (2022-2032): 23.17%
• Forecast Market Size (2032): 60.61 billion
The pandemic hastened the growth of Indonesia’s online grocery business. E-grocery services are now being offered by more companies in Indonesia over time. Due to the widespread use of the internet, rising employment rates, and rise in single-parent households, the country has also seen a surge in e-grocery services. On the other side, businesses have expanded their product offerings beyond food and drink to include household items, baby food, fresh food, fish, and meat, among other product categories.

The Indonesia Online GroceryMarket study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; ChilliBeli, Dropezy, GoMart, GrabMart, HappyFresh, Sayurbox, Shopee, TaniHub, Tokopedia.

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SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment -By Product Category(Beauty and Health, Food & Beverages, Fresh Food, Household Supplies, Others), By Age Group (18-24 years, 25-37 years, 38-44 years, 45+ years), By Gender (Female, Male), By Mode of Payment (Cash on Delivery, Online Payment), By Mode of Delivery {Express Delivery (30 Minutes to 120 Minutes), In a Specific Time Period (Same Day or Next Day), Other (2-3 Days or More)}, By Type of Business (B2B, B2C).

This report also provides the data for key regional segments of Java, Kalimantan, Lesser Sunda Islands, Sulawesi, Sumatra, Other Regions.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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This release was published on openPR.

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