Market Insights eCommerce Online Food Delivery Meal Delivery

Platform Delivery - Australia

Australia

The Platform Delivery market in Australia is anticipated to witness significant growth in the coming years.
According to projections, the market's revenue is expected to reach AU US$1.00bn by 2024.
This growth is further expected to continue at a compound annual growth rate (CAGR) of 3.89% from 2024 to 2029, resulting in a projected market volume of AU US$1.21bn by 2029.
In terms of user base, the Platform Delivery market is estimated to have approximately 4.7m users users in Australia by 2029.
This indicates a substantial increase from the projected user penetration of 15.1% in 2024 to 16.8% by 2029.
The average revenue per user (ARPU) in the Platform Delivery market is expected to be AU US$248.00.
This metric provides insight into the average amount of revenue generated per user in Australia.
In a global comparison, China is expected to generate the highest revenue in the Platform Delivery market, reaching a staggering amount of AU US$165,200.00m in 2024.
Additionally, China is projected to have the highest user penetration rate of 52.3% in the same market.
In Australia, the platform delivery market is booming as consumers increasingly rely on online platforms for food, groceries, and other essential items.

Market

Region

Region comparison

Currency

Analyst Opinion

The Platform Delivery market in Australia has seen a significant growth in recent years, driven by the rise of e-commerce and the increasing demand for fast and efficient delivery services.

Customer preferences: Customers in Australia are increasingly looking for faster and more reliable delivery options for their online purchases. The convenience of online shopping has led to a surge in demand for same-day or next-day delivery, which has become a key factor for many consumers when choosing where to shop.

Trends in the market: The Platform Delivery market in Australia has been shaped by the entry of new players and the expansion of existing ones. The rise of on-demand delivery services has led to the emergence of new players in the market, offering faster and more flexible delivery options. At the same time, established logistics companies have also been expanding their services to include platform delivery, in order to meet the growing demand for faster and more efficient delivery.

Local special circumstances: The vast size of Australia and the relatively low population density in many areas has presented unique challenges for the Platform Delivery market. Companies have had to develop innovative solutions to overcome these challenges, such as using drones or other unmanned vehicles to deliver to remote areas.

Underlying macroeconomic factors: The growth of the Platform Delivery market in Australia has been supported by a number of underlying macroeconomic factors. These include the country's strong e-commerce sector, which has been driven by high levels of internet penetration and a growing preference for online shopping. In addition, the country's relatively stable economy and high levels of disposable income have also contributed to the growth of the market, as consumers are more willing to pay for premium delivery services.

Methodology

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.