The Jamaican grocery delivery market has seen significant growth in recent years.
Customer preferences: Customers in Jamaica have become increasingly interested in the convenience of grocery delivery services. With busy work schedules and long commutes, many individuals are looking for ways to save time and reduce the stress of grocery shopping. Additionally, the COVID-19 pandemic has accelerated the adoption of grocery delivery services as more people choose to stay home and avoid crowded public spaces.
Trends in the market: One trend in the Jamaican grocery delivery market is the rise of local delivery services. These services offer a more personalized experience for customers, allowing them to shop from their favorite local stores and receive same-day delivery. Another trend is the expansion of international grocery delivery services into the Jamaican market, offering customers access to a wider variety of products from around the world.
Local special circumstances: The Jamaican grocery delivery market faces unique challenges, including limited infrastructure and high transportation costs. These factors can make it difficult for delivery services to operate efficiently and profitably. Additionally, many Jamaican customers prefer to shop in person, making it important for delivery services to offer competitive pricing and a seamless user experience.
Underlying macroeconomic factors: The Jamaican economy has been growing steadily in recent years, with increasing levels of foreign investment and tourism. This has led to a rise in disposable income and consumer spending, creating opportunities for businesses in the grocery delivery market. Additionally, the government has implemented policies to support small businesses and encourage entrepreneurship, providing a favorable environment for new delivery services to emerge.
Data coverage:
The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
