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Platform Delivery - Chad

Chad

The revenue in the Platform Delivery market in Chad is projected to reach US$763.90k in 2024.
This is expected to show an annual growth rate (CAGR 2024-2029) of 13.28%, resulting in a projected market volume of US$1,425.00k by 2029.
Moreover, it is projected that the number of users in the Platform Delivery market will amount to 160.1k users by 2029.
The user penetration in Chad is expected to be 0.5% in 2024 and is projected to increase to 0.7% by 2029.
Additionally, the average revenue per user (ARPU) is expected to be US$8.64.
In the global comparison, it is noteworthy that China is expected to generate the highest revenue in the Platform Delivery market, reaching US$165,200.00m in 2024.
Furthermore, China also has the highest projected user penetration rate in the Platform Delivery market, standing at 52.3%.
Chad's platform delivery market is witnessing a surge in demand as e-commerce gains momentum in the country.

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Analyst Opinion

The Platform Delivery market in Chad is experiencing a steady growth in recent years, driven by several factors that are shaping the market.

Customer preferences: Chadian customers are increasingly relying on technology to access goods and services, especially in urban areas. The rise of e-commerce platforms has made it easier for customers to purchase products online and have them delivered to their doorstep. The convenience of online shopping and the availability of a wide range of products have made it a popular choice among customers. Additionally, the COVID-19 pandemic has accelerated the shift towards online shopping, as customers prefer to avoid crowded places and minimize physical contact.

Trends in the market: The Platform Delivery market in Chad is witnessing a surge in demand for last-mile delivery services. As e-commerce platforms continue to expand their operations in the country, the need for efficient and reliable delivery services has become more important. This has led to the emergence of several local and international delivery companies in the country that are offering a range of services such as same-day delivery, express delivery, and cash on delivery. Another trend in the market is the adoption of technology-driven solutions to optimize delivery operations. Delivery companies are increasingly using GPS tracking, real-time monitoring, and data analytics to improve delivery times, reduce costs, and enhance customer satisfaction.

Local special circumstances: Chad is a landlocked country with a challenging geography and poor infrastructure. The lack of well-developed road networks and transportation systems makes it difficult for delivery companies to operate efficiently and cost-effectively. Moreover, the country has a large rural population that is dispersed across vast distances, which poses additional challenges for delivery companies. To overcome these challenges, delivery companies are partnering with local businesses and leveraging technology to optimize their operations.

Underlying macroeconomic factors: Chad is one of the poorest countries in the world, with a large proportion of the population living below the poverty line. The country's economy is heavily dependent on oil exports, which account for a significant portion of its GDP. The recent decline in oil prices and the COVID-19 pandemic have had a significant impact on the country's economy, leading to a decline in consumer spending. However, the growth of the e-commerce sector and the increasing demand for delivery services are providing new opportunities for businesses in the country. As the government continues to invest in infrastructure and improve the business environment, the Platform Delivery market in Chad is expected to continue its growth trajectory.

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.