UAE online grocery delivery market is expected to grow at a double-digit CAGR in the forecast period. The rise in preference for online shopping without facing the hassle of visiting the retail store or superstores is the major driver for the forecast period. Household requirements can be met by ordering through an interactive website and online applications having a user-friendly interface to attract consumers on a large scale. Major market players categorize different and similar products by labeling them to enhance their visibility. Online grocery delivery service provides the customer with a choice to avoid the crowd and long payment and parking queues, which in turn is accelerating the market growth. The surge in the presence of the working population and the growing affordability of consumers are the two significant factors expected to fuel the online grocery delivery market growth. The rise in the average order size and basket size increased in the pandemic period. Companies are expanding their business by tie-ups with the food delivery companies, suppliers and grocery retailers, online payment companies to expand their business and increase their capacity to be able to serve more customers. Key players are focusing on achieving a high level of operational efficiency, expanding regional business, and are adopting express delivery to foster the rise in market growth.
UAE online grocery delivery market is segmented into a product category, platform, mode of payment, regional distribution, and company. Based on the mode of payment, the market can be divided into pre-delivery online payment, card on delivery, and cash on delivery. The pre-delivery online payment segment is expected to account for a major market share in the forecast period, 2024-2028. Pre-delivery payment includes paying through debit cards and credit cards. The majority of the household chores are taken care of by house help, and delivery is collected by helpers, which is the major reason for this segment's high preference.
The major players operating in the UAE online grocery delivery market are Carrefour, Lulu Hypermarket, Instashop, Kibsons, The Grocer, Trolley.ae, Bawiq, Amazon, Noon, Farmbox, Bulkwhiz, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study
- To analyze the historical growth of the market size of UAE onlinegrocery delivery market from 2018 to 2021.
- To estimate and forecast the market size of UAE online grocery delivery marketfrom 2022 to 2028 and growth rate until 2028.
- To classify and forecast UAE online grocery delivery market based productcategory, platform, mode of payment, regional distribution, and company.
- To identify dominant region or segment in the UAE online grocerydelivery.
- To identify drivers and challenges for UAE online grocery deliverymarket.
- To examine competitive developments such as expansions, new productlaunches, mergers & acquisitions, etc., in UAE online grocery deliverymarket.
- To identify and analyze the profile of leading players operating in UAE onlinegrocery delivery market.
- To identify key sustainable strategies adopted by market players in UAE onlinegrocery delivery market.
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of service providers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the service providers who could not be identified due to the limitations of secondary research. Market insights research analyzed the service providers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Online grocerydelivery service provider companies
- Market researchand consulting firms
- Government bodiessuch as regulating authorities and policy makers
- Organizations, forums,and alliances related to online grocery delivery market.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
