Asia-Pacific Online Grocery Delivery Market Size (2024 - 2029)

The Asia Pacific online grocery delivery market is poised for significant expansion, driven by supportive government initiatives in developing nations and the rapid growth of the e-commerce sector. The surge in demand, accelerated by the COVID-19 pandemic, has been further fueled by the adoption of no-contact deliveries and digital payment options. The increasing use of AI for personalized shopping experiences and the rising penetration of the internet and smartphones are also key factors contributing to the market's growth.

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Market Size of Asia-Pacific Online Grocery Delivery Industry

Asia-Pacific Online Grocery Delivery Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 14.90 %
Market Concentration Low

Major Players

Asia-Pacific Online Grocery Delivery Market Major Players

*Disclaimer: Major Players sorted in no particular order

APAC Online Grocery Delivery Market Analysis

The Asia Pacific online grocery delivery market is expected to register a CAGR of about 14.9% during the forecast period. The growth of the market in the Asia Pacific can be attributed to encouraging government schemes in developing countries such as India and China. The booming e-commerce sector and rapid digitization observed in these countries have provided innovative development opportunities for online grocery delivery services in the Asia-Pacific region.

  • The market is expected to observe substantial growth during the forecast period. The COVID-19 pandemic created a massive surge in demand for online grocery delivery services. Also, Government-encouraged no-contact deliveries and online payment options have attracted people toward online grocery delivery services.
  • Global and local online shopping platforms such as Amazon, Blinkit, and Flipkart quickly changed their delivery services, boosting the demand for online grocery delivery services in the region. People working from home, increasing disposable income, and ease of use of these platforms are some driving factors of the market growth.
  • During and after the COVID-19 pandemic, the new normal of personal hygiene and social distancing for safety drove people in the region toward online grocery delivery services, as Asia Pacific was one of the largely affected regions. The market is also anticipated to benefit from declining internet prices and cheaper smartphones in the Asia Pacific. The growing adoption of digital payment and ever-increasing internet penetration in the region also fuel the market's growth.
  • AI-based tools are being used to drive personalization of the grocery shopping experience. Artificial intelligence in online grocery shopping is used to collect data regarding customers from various sources. The data is mainly collected from offline outlets, online channels, and users' actions on the site. After that, the data is applied to understand the target clients' needs more efficiently. AI also helps grocery stores keep track of holidays, weather, seasonality, and festivals to serve their customers better.

APAC Online Grocery Delivery Industry Segmentation

Online Grocery is an online ordering facility offered by grocers functioning either as a brick-and-mortar supermarket, a grocery store, or a standalone e-commerce service providing grocery items. Online Grocers offer digital payment methods, optional delivery slots, and access to a large selection of products. The convenience of these factors made buyers shift to online grocery orders. Fresh and packaged goods like meat, seafood, cereals, fruits and vegetables, dairy, cereals, snacks, and more can be delivered to your doorstep with just a click of the mouse.

In terms of product type market is segmented into Product Type Retail Delivery, Quick Commerce, and Meal Kit Delivery, and the geographical scope of the report includes India, China, Japan, South Korea, Thailand, Indonesia, Australia, and the Rest of Asia Pacific.

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Asia-Pacific Online Grocery Delivery Market Size Summary

The Asia Pacific online grocery delivery market is experiencing significant growth, driven by factors such as government support in countries like India and China, and the rapid expansion of the e-commerce sector. The COVID-19 pandemic has further accelerated this growth, as it heightened the demand for online grocery services due to increased emphasis on personal hygiene and social distancing. The market is characterized by the dominance of retail delivery, with a strong focus on essential items like dairy and baked goods, and is witnessing a rise in quick commerce services as consumers seek faster delivery options. The proliferation of digital payment methods and improved internet accessibility are also contributing to the market's expansion.

The competitive landscape of the online grocery delivery market in Asia Pacific is fragmented, with both global giants like Amazon and local players vying for market share. Key players are leveraging strategies such as mergers, acquisitions, and technological advancements to enhance their offerings and expand their regional presence. The market is further bolstered by initiatives aimed at digital literacy and supply chain restoration, particularly in tier-I cities. Innovations like automated warehouses and partnerships for private-label products are also shaping the market dynamics. As the region continues to embrace digital solutions, the online grocery delivery market is poised for substantial growth in the coming years.

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Asia-Pacific Online Grocery Delivery Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product Type

      1. 2.1.1 Retail Delivery

      2. 2.1.2 Quick Commerce

      3. 2.1.3 Meal Kit Delivery

    2. 2.2 By Geography

      1. 2.2.1 India

      2. 2.2.2 China

      3. 2.2.3 Japan

      4. 2.2.4 South Korea

      5. 2.2.5 Thailand

      6. 2.2.6 Indonesia

      7. 2.2.7 Australia

      8. 2.2.8 Rest of Asia-Pacific

Asia-Pacific Online Grocery Delivery Market Size FAQs

The Asia-Pacific Online Grocery Delivery Market is projected to register a CAGR of 14.90% during the forecast period (2024-2029)

Amazon.com Inc., Coles Group Ltd., Costco Wholesale Corp., SPAR International and Walmart Inc. are the major companies operating in the Asia-Pacific Online Grocery Delivery Market.

Asia-Pacific Online Grocery Delivery Report Snapshots

Asia Pacific Online Grocery Delivery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)