Indonesia Online Grocery Market Overview 2024-2032
According to the latest report by The Report Cube, The Indonesia Online Grocery
Market was USD 3.3 Billion in 2023 and is anticipated to register a CAGR of around 23.5% during the forecast period, i.e., 2024-32.
This is attributed to the growing
middle-class income & the booming penetration of internet across the
national landscape. With the growing technological advancement, evolving
consumer preferences, and market competition the industry is destined to
flourish in the progressing years. The growing acceptance of online shopping
across all sectors, such as grocery, has accelerated owing to the aspects, like
urbanizations & hectic lifestyle of individuals, which have drove a shift
in the customer behavior towards convenience & digitalization.
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Indonesia Online Grocery Report and Forecast
2032:
Time Period Considered:
-Study Period – 2020-2032
-Market Forecast Years – 2024-2032
Indonesia Online Grocery Market Segmentation
Analysis: 2024-2032
The Indonesia
Online Grocery Market is categorized into different segments to provide a
detailed analysis of Growth patterns, trends, outlook, share, and estimates.
- Indonesia Online Grocery Market Share, By
Segments (In percentage) - By Product Type
- By Age Group
- By Gender
- By Mode of Payment
- By Mode of Delivery
- By Type of Business
- By Region
- Indonesia Online Grocery Market Share, By
Product Type (In percentage) - Food Grains
- Bread, Bakery & Dairy Products
- Fruits and Vegetables
- Personal Care and baby care
- Household Supplies and snacks
- Beverages
- Others (Meat, Frozen food, Pet care, etc.)
- Indonesia Online Grocery Market Share, By
Age Group (In percentage) - 18-24 years
- 25-37 years
- 38-44 years
- 45+ years
- Indonesia Online Grocery Market
Share, By Gender (In percentage) - Female
- Male
- Indonesia Online Grocery Market
Share, By Mode of Payment (In percentage) - Cash on Delivery
- Online Payment
- Indonesia Online Grocery Market Share, By
Mode of Delivery (In percentage) - Express Delivery (30 Minutes to 120 Minutes)
- In a Specific Time Period (Same Day or Next Day)
- Other (2-3 Days or More)
- Indonesia Online Grocery Market Share, By
Type of Business (In percentage) - B2B
- B2C
- Indonesia Online Grocery Market Share, By
Region (In percentage) - Java
- Kalimantan
- Lesser Sunda Islands
- Sulawesi
- Sumatra
- Other Regions
Competitive Landscape
and Indonesia Online Grocery Market Share Scope:
The
competitive landscape of the cord stem cell banking market offers detailed
insights into key potential, R&D investments, new market initiatives,
global presence, production sites and capacities, company strengths and
weaknesses, product launches, product range, and application dominance. The
provided data points specifically focus on companies operating within the Indonesia Online Grocery market.
Top Companies of Indonesia Online Grocery Market:
· Indofoodstore
· Financials
· Dropezy
· GoMart
· GrabMart
· HappyFresh
· Sayurbox
· Shopee
· TaniHub
· Tokopedia
· Others
For detailed insights, access the Table of
Contents (TOC) @ Full Report Link – https://www.thereportcubes.com/report-store/indonesia-online-grocery-market
Indonesia Online Grocery Market Dynamics
- Influx in the Penetration
of Internet with the Growing Adoption of Smartphones
Indonesia’s high rate of
internet usage has completely revolutionized the purchasing habits of the
consumers, especially across the e-commerce sector and is also contributing in
fueling the expansion of the Online Grocery Market. According to the Datareportal,
there were around 185.3 million of internet users across the country’s
landscape, which is an increase of 1.5 million (0.8%) from 2023. Individuals
who have an easy access to internet connection enjoys the ease of browsing
& are able to order any essential via smartphones, from the comfort of
their homes or any other place, saving the time & energy to visit the
grocery store personally.
Also, with online shopping
customer may be able to avoid holding huge quantities of items in their hands
while travelling & rather can take advantage of quick online delivery
service at their doorsteps, sparring them from traffic jams & long ques as
well. Furthermore, mobile apps for grocery shopping have being working to
improvise, providing user-interface & features like real-time order
tracking experiences, satisfying consumer engagement. Consequently, high
adoption of smartphones & better internet connectivity supports the
advancement of e-commerce sector, further driving the Indonesia Online Grocery
Market.
- Issues Regarding
Digital Payment & Frauds to Limit the Online Grocery Market Growth in
Indonesia
Although digital payments are becoming more
& more common, security & fraud-related concerns remain major issue, as
the consumers are worried about the security of their financial information
& privacy, thus are still hesitant to use digital payment methods. For
example, as per the research by FICO Research, the real-time payment frauds are
on the surge across Indonesia, with nearly 64% users reported receiving
suspicious messages & around 49% claiming that their friends or family
members have been the victim of digital scams. Thus, the consumers, still are
facing issues related to online transactions, making them hesitant to use
digital payments, and eventually negatively effecting the growth of the
Indonesia Online Grocery Market.
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Key Questions Addressed in the Indonesia Online Grocery Market Report
- How has the Indonesia Online Grocery
market evolved so far, and what are the growth projections for the coming
years? - How is the Indonesia Online Grocery market
segmented, and what are the key trends within each segment? - What is the Geographical breakdown of the Indonesia
Online Grocery market, and how does it vary across different geographies? - What are the key stages in the value chain
of the Indonesia Online Grocery market? - What are the major driving factors,
challenges, and opportunities shaping the Indonesia Online Grocery market? - What is the competitive landscape of the Indonesia
Online Grocery market, and who are the leading players? - How intense is the competition in the Indonesia
Online Grocery market, and what strategies are companies adopting to stay
ahead?
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