Market Share of Asia-Pacific Online Grocery Delivery Industry
The online grocery delivery market is fragmented. Moreover, there is great competition between the local and global market players. Key players are concentrating on increasing their presence in the market by applying various strategies that include mergers & acquisitions, partnerships, and expansion in various countries. These strategies are anticipated to benefit the market players in developing their offerings and regional presence. Also, they are expected to improve their services across the market in the region. A few major players in the market include Amazon.com Inc., Coles Group Ltd., Costco Wholesale Corp., SPAR International, and Walmart Inc. Due to its rapid growth, various new players are trying to enter the market in the region.
In November 2022, U.K.-based company Ocado announced its plans to automate its e-commerce warehouses in south Korea and South Asia with know-how push technology. The company plans to partner with the leading online grocers in the region, such as Coles in Australia, to promote its automated warehouses. The acceptance of advanced technology by the key players in the online grocery delivery market is aiding the overall growth of the market in the region.
In February 2022, Rakuten Group, Inc announced the launch of its online grocery delivery service in Japan, 'Rakuten Zenkoku Super.' Rakuten Zenkoku Super symbolizes the next move in the development of grocery shopping in Japan. The newly designed service is created to drive supermarkets nationwide to reach new areas and age groups of people by offering them a wide-ranging online grocery shopping platform. The platform is designed to deliver goods promptly to clients.
APAC Online Grocery Delivery Market Leaders
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Amazon.com Inc.
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Coles Group Ltd.
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Costco Wholesale Corp.
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SPAR International
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Walmart Inc.
*Disclaimer: Major Players sorted in no particular order
