Indonesia Online Grocery Market

Indonesia Online Grocery Market Share and Growth 2023, Trends Analysis, Revenue, Key Players, Competition, Business Challenges and Forecast 2032: SPER Market Research

Online grocery shopping has transformed the way people buy food and household goods. Customers may effortlessly browse, choose, and purchase groceries from the comfort of their own homes by using websites or mobile apps. Online grocery platforms offer a varied assortment of products ranging from fresh produce to pantry staples to cater to diverse client interests. They frequently include features such as personalized suggestions, simple delivery or pickup options, and real-time order tracking.

According to SPER Market Research, Indonesia Online Grocery Market Size- By Product Category, By Age Group, By Gender, By Mode of Payment, By Mode of Delivery, By Type of Business- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Indonesia Online Grocery Market is predicted to reach USD 60.61 billion by 2032 with a CAGR of 23.17%.

The online grocery sector in Indonesia has grown significantly, because of numerous major factors. For starters, Indonesia’s fast developing middle class and increasing urbanization have increased consumer disposable incomes and transformed lifestyles, resulting in an increased desire for accessible shopping options. Online grocery platforms provide a time-saving alternative for busy urban consumers who want easy access to a diverse choice of products.

Second, broad smartphone use and greater internet penetration have made it easier for Indonesians to access e-commerce platforms, such as online grocery applications and websites.

While the online grocery sector in Indonesia is expanding rapidly, it also faces a number of important challenges. One of the most significant obstacles is the country’s geographical variety and complex logistics infrastructure. Indonesia is made up of thousands of islands, which can make timely and cost-effective grocery delivery difficult, particularly in rural and inaccessible locations.

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Another significant difficulty is the severe rivalry in the online grocery business. Many players are competing for market share, resulting in price wars and razor-thin profit margins.

The pandemic has accelerated the growth of Indonesia’s e-grocery market. Over time, more businesses in Indonesia have begun to offer e-grocery services. Furthermore, due to the country’s high internet penetration, expanding working population, and rising number of single-parent families, the country’s e-grocery services have risen. Businesses, on the other hand, have expanded their product lines beyond food and beverages to include household items, baby food, fresh food, fish and meat, and other product categories.

Geographically, The Indonesian online grocery market demonstrates important geographical variances and dynamics. The online grocery business has grown rapidly in urban areas such as Jakarta, Surabaya, and Bandung, where there is a bigger proportion of tech-savvy consumers and superior logistics infrastructure. Additionally, some of the market key players are  ChilliBeli, Dropezy, GoMart, GrabMart, HappyFresh, Sayurbox, Shopee, TaniHub, Tokopedia.

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Indonesia Online Grocery Market Revenue

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Indonesia Online Grocery Market

Indonesia Online Grocery Market Growth 2023, Under Covid-19 Impact Analysis Business Challenges, Investment Opportunities, Demand, Key Manufacturers and Forecast 2032: SPER Market Research

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.

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.

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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.

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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Indonesia Online Grocery Market Demand

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