Market Insights eCommerce Online Food Delivery Meal Delivery

Platform Delivery - Fiji

Fiji

The Platform Delivery market in Fiji is projected to reach a revenue of US$272.90k in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 10.34%, resulting in a projected market volume of US$446.40k by 2029.
In Fiji's Platform Delivery market, the number of users is expected to amount to 30.5k users by 2029.
The user penetration is projected to be 2.0% in 2024 and is expected to increase to 3.1% by 2029.
The average revenue per user (ARPU) is expected to be US$14.24.
In global comparison, China is projected to generate the most revenue in the Platform Delivery market, with US$165,200.00m in 2024.
Furthermore, China is expected to have the highest user penetration rate of 52.3% in the Platform Delivery market.
Fiji's platform delivery market is experiencing a surge in demand as local businesses adapt to the growing e-commerce landscape.

Market

Region

Region comparison

Currency

Analyst Opinion

Platform delivery services have seen a rise in demand in Fiji over the past few years. This can be attributed to several factors such as the increasing use of smartphones and the internet, the growing popularity of online shopping, and the need for contactless delivery services during the pandemic.

Customer preferences: Customers in Fiji have shown a preference for platform delivery services due to their convenience and ease of use. With the increasing penetration of smartphones and the internet in Fiji, customers have become more comfortable with using online platforms to order goods and services. Additionally, the pandemic has accelerated the shift towards contactless delivery services, further driving the demand for platform delivery services.

Trends in the market: One of the major trends in the platform delivery market in Fiji is the increasing competition among service providers. With the growing demand for platform delivery services, several new players have entered the market, leading to increased competition. This has resulted in service providers offering more competitive pricing and better quality services to attract and retain customers.Another trend in the market is the increasing use of technology to improve delivery services. Service providers are leveraging technologies such as GPS tracking, route optimization, and real-time notifications to provide customers with a seamless delivery experience. Additionally, some service providers are also experimenting with drone deliveries in certain areas to further improve delivery times.

Local special circumstances: Fiji's geography presents unique challenges for platform delivery services. With over 300 islands in the archipelago, many of which are remote and sparsely populated, it can be difficult for service providers to offer timely and cost-effective delivery services. However, some service providers have overcome this challenge by partnering with local businesses and leveraging their existing logistics networks to reach customers in remote areas.

Underlying macroeconomic factors: Fiji's economy has been growing steadily over the past few years, driven by strong performances in the tourism and construction sectors. This growth has led to an increase in disposable income and consumer spending, which has contributed to the rise in demand for platform delivery services. Additionally, the government's efforts to improve digital infrastructure and promote e-commerce have also played a role in driving the growth of the platform delivery market in Fiji.

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.