The Grocery Delivery market in Slovakia has seen a significant rise in recent years.
Customer preferences: The shift towards online shopping has led to an increase in demand for grocery delivery services in Slovakia. Customers are increasingly looking for convenience and time-saving options, and grocery delivery provides just that. The ability to order groceries online and have them delivered to their doorstep has become a popular choice for many consumers in Slovakia. Furthermore, the COVID-19 pandemic has accelerated the adoption of online grocery shopping, as people are looking for safer ways to shop for their daily essentials.
Trends in the market: One of the major trends in the Grocery Delivery market in Slovakia is the rise of e-commerce platforms. Many traditional grocery stores have started offering online shopping and delivery services to meet the growing demand. Additionally, there has been an increase in the number of specialized online grocery delivery companies, which offer a wider range of products and faster delivery times. Another trend is the use of mobile apps for grocery delivery, which makes it easier for customers to place orders and track their deliveries.
Local special circumstances: Slovakia has a relatively small population and a high concentration of supermarkets and grocery stores. This has led to intense competition in the market, with many retailers looking for ways to differentiate themselves from their competitors. As a result, many retailers have started offering online grocery delivery services to attract and retain customers. Additionally, Slovakia has a high rate of internet penetration, which has made it easier for retailers to offer online shopping and delivery services.
Underlying macroeconomic factors: The Grocery Delivery market in Slovakia is influenced by several macroeconomic factors. One of the key drivers of growth is the increasing disposable income of consumers, which has led to a rise in demand for convenience and time-saving services. Additionally, the growth of e-commerce in Slovakia has been supported by the country's favorable regulatory environment, which has encouraged the development of online platforms and digital services. Finally, the COVID-19 pandemic has had a significant impact on the Grocery Delivery market in Slovakia, as it has accelerated the adoption of online shopping and delivery services.
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)
