Showing posts with label E-Commerce in Malaysia. Show all posts
Showing posts with label E-Commerce in Malaysia. Show all posts

Thursday, January 12, 2023

The Malaysia Quick Commerce Market is expected to deliver ~1.3 Mn orders within 30 mins by 2027F, driven by investment in last mile delivery solutions and B2C platforms expanding beyond concentration: Ken Research

 Buy Now

  • Shift in consumer behaviour from value to convenience seeking, unplanned ordering behaviour, with an increase in Gen-Z customers’ affinity for indulgence purchases are some of the growth drivers.
  • Investment in last-mile delivery solutions such as autonomous delivery, pick-up and drop networks, and crowdsourced delivery platforms is on a rise.
  • Consumers will continue to adopt digital and contactless services quickly, with consumers ordering online versus shopping at brick-and-mortar stores, the competition for last-mile delivery will be fierce.

malaysia-quick-commerce-market

Get an Inside Scoop of the Study, Request Free Sample

Expanding realms of delivery by investing in drone technology: Received approval for China’s first batch of air routes for real-time delivery drones in Shanghai, this reduced labour costs and delivery time from 30 minutes to 20 minutes, taking example from China, Quick Commerce players in Malaysia can capitalize the opportunity.

Internet of Things: Intelligence Transport Solutions: In-vehicle telematics can collect data on movements and idle time to maximize fleet and asset utilization as well as dynamic route planning and optimization. IOT can be used to reduce vehicle downtime via prediction of asset failure and automated maintenance scheduling. Tagging of individual items, pallets and operational equipment can transmit information about their current condition and position.

Shift in Consumer Behavior from Value-seeking to Convenience-Seeking: Willingness to pay for premium products, growing market for easy-to-cook products at-home delivery, demand for healthy and nutritional products, rising consumption of newer products through global experiences. Shift in consumer behavior from value-seeking to convenience-seeking, resulting in weekly, small-sized purchases rather than larger, monthly purchases driving the demand for on-demand logistics market.

Analysts at Ken Research in their latest publication Malaysia Quick Commerce Market Outlook to 2026F- Driven by growing technological adoption and infrastructure development” by Ken Research observed that Malaysia Quick Commerce Market is in the growing phase. The Adoption of New Technologies, emerging new players, high internet penetration, balancing lifestyle, Government Initiatives and with the convenience of last mile delivery, are some of the factors that will contributed to the Malaysia Quick Commerce market growth over the period of 2022P-2027F with a growth rate of CAGR 6.0%.

Key Segments Covered in the report: -

Malaysia Quick Commerce Market Segmentation on Demand Grocery

By Products Category

  • Beauty & Personal care
  • Packaged Food & Beverages
  • Staples
  • Fruits & Vegetables
  • Others

By Region

  • Metro & Tier I
  • Tier II & below

By Business Model

  • Dark Store Model
  • Marketplace Model

By Customer's Gender

  • Male
  • Female

By Delivery Time

  • 0-30 mins
  • 30-45 mins
  • 45- 1 hour
  • 1-2 hours

By Order Value

  • 0-50
  • 50-100
  • 100-200
  • 200-1000

By Customer's Age

  • 16-24
  • 25-34
  • 35-44
  • 45-54
  • 55+

To Know More about industry trends, Request a free Expert call

Malaysia Quick Commerce Market Segmentation on Demand Logistics

By B2B/B2C & C2C

  • B2B
  • B2C
  • C2C

By B2C End User

  • Grocery
  • Flowers
  • Shoes
  • Fresh Fruits & Vegetables
  • Others

By Regions

  • Urban Areas
  • Tier 2 and Rural Areas

By Average Delivery time taken

  • 0-30 mins
  • 30-45 mins
  • 45 mins - 1 hr.
  • 1 hr.- 2hr

Malaysia Quick Commerce Market Segmentation on Demand Food Delivery

By Region

  • Urban Areas
  • Tier 2, 3, Rural Areas

By Average Delivery Period

  • Under 30 Minutes
  • 30-45 Minutes
  • 45-60 Minutes

By Gender

  • Male
  • Female

By Age Group

  • 18-24
  • 25-34
  • 35-44
  • 45 above

By Frequency of ordering

  • Everyday
  • 2-3 times a week
  • once a week
  • every 2 weeks
  • once a month
  • once every 6 months
  • once a year
  • less than once a year

By Cuisine type

  • Fast Food
  • Malay
  • Beverages
  • Chinese
  • Others

Key Target Audience

  • Quick Commerce Players
  • Ecommerce Companies
  • E-grocery Companies
  • Logistics Companies
  • Cold Chain Companies
  • Investors & Venture Capitalists

Time Period Captured in the Report:

  • Historical Period: 2017/22-2021
  • Forecast Period: 2022-2027F

Companies Covered:

  • Food Panda
  • GrabFood
  • Oddle
  • Quicksent
  • Airasia
  • Pandamart
  • GrabMart
  • Happyfresh
  • Lala Move
  • Borzo
  • GrabExpress
  • Pickupp

Key Topics Covered in the Report

Country Overview Malaysia

Ecosystem of Major players in the Malaysian Quick Commerce Market, 2022

Business Cycle and Genesis of Malaysia Quick Commerce Market

The Rise of Rapid Delivery (Quick Commerce)

Customer Journey: Traditional E-Commerce VS On-Demand Logistics

E-commerce statistics in Malaysia as compared to other regions

E-commerce penetration in Malaysia

E-commerce trends in Malaysian states

E-commerce vs Quick Commerce

Business Model Canvas of Quick Commerce businesses

On Demand Food Delivery Market in Malaysia

Market Segmentation for On Demand Food Delivery Market in Malaysia

Competition Analysis for On Demand Food Delivery Market in Malaysia

Future Forecast for On Demand Food Delivery Market in Malaysia

On Demand Grocery Delivery Market in Malaysia

Market Segmentation for On Demand Grocery Delivery Market in Malaysia

Competition Analysis for On Demand Grocery Delivery Market in Malaysia

Future Forecast for On Demand Grocery Delivery Market in Malaysia

On Demand Last Mile Logistics Market in Malaysia

Market Segmentation for On Demand Last Mile Logistics Market in Malaysia

Competition Analysis for On Demand Last Mile Logistics Market in Malaysia

Future Forecast for On Demand Last Mile Logistics Market in Malaysia

Industry Analysis

Regulations: Product Registration and Certification

Challenges in Market

Growth Drivers of the Malaysian Quick Commerce Market

Growth driven by Covid-19 pandemic

Malaysian Government’s National E-commerce Strategic Roadmap

Sub-segments of the Malaysian Government’s Digital Free Zone

Diversification Opportunity to Other Categories

Technologies to Leverage in the Malaysian Quick Commerce Market

Strategies followed by Food Delivery Player in SEA’s

New Technologies

For more insights on the market intelligence, refer to the link below: -

Malaysia Quick Commerce Market Analysis

Related Reports by Ken Research: -

India Quick Commerce Market Outlook to FY’27F

KSA Online B2B Grocery Market Outlook to 2026F

Vietnam Online Grocery Market Outlook to 2026