The report
titled “Indonesia Online
Grocery Market Outlook to 2026 – Driven by Changing Shopping Habits
of Consumers and Regional Expansion of Local & International Players in the
Archipalego” provides a comprehensive
analysis of Online Grocery Market in Indonesia. The report covers various
aspects including the current online grocery scenario in Indonesia, need &
opportunities describing the target addressable market, addressable gap in the
market and possible solutions.
It also
covers current supply and demand in the region, detailed working of
marketplace, Omni-channel and Marketplace operating model, trends,
developments, challenges, current & upcoming technologies facilitating
online grocery industry, revenue streams and marketing strategies driving the
industry. It gives detailed explanation of competitive scenario including cross
comparison between major players, SWOT, and detailed company profiles of major
players and concluding with future scope and analyst recommendations.
Market
Overview:
Gaps in
offline grocery shopping such as inconvenience of commute, long payment queues
and cost of impulse buying led to the introduction of e-grocery in Indonesia.
Indonesia online grocery market is currently positioned at a growth stage, and
increasing at a staggering double-digit growth rate during the period 2016 and
2021P. Covid-19 Pandemic acted as a catalyst to the Indonesia’s E-grocery
market’s growth. The number of companies offering e-grocery services in
Indonesia has increased over the years. Moreover, high penetration of internet,
growing working population and rising number of single families has led to the
growth of e-grocery services in the country.
On the other hand, companies have also expanded their product portfolios
from food & beverages to household supplies, baby food, fresh food, fish
& meat and other product categories.
By
Product Category (Food & Beverages, Household Supplies, Beauty and Health,
Baby & Kids and Fresh Food)
Fresh Food
Produce & Beverages mapped as most demanded product category. This was
followed by household supplies, beauty & health, and others. Companies like
TaniHub and Sayurbox have a strong farmer’s network and are known for their
fresh produce.
By
Region (Java, Sumatra, Kalimantan & Others)
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Java (Jakarta
and Greater Jakarta) & Sumatra are mapped as major areas based on demand
and supply of online grocery services. Java accounted for more than half of the
population concentration of the country. Working professionals, who are the
major end users of online grocery services, are concentrated in Java followed
by Sumatra. Kalimantan region also is likely to witness great demand in the
coming years.
By
Mode of Payment (Online Payment & Cash on Delivery)
The demand is
still dominated by pre delivery online payment. Payment made through debit and
credit cards are popular however payment made through e-wallets and points are
catching pace. Most of the companies either have their in-house wallet system
or have partnered with payment solution companies, online payments are a
win-win for both consumer and the company. Consumers prefer online payment as
there are lots of discount offers and cashbacks offered via this mode of
payment.
By
Age Group (18-24, 25-37, 38-44, 45+):
In Indonesia, majority of the GMV contribution in the overall online
grocery market has been contributed by the people under the age bracket of 25 –
37 years which is approximately more than 1/3 of the market. This is further
followed by other people of age group categories such as 38 – 44 years, 18 – 24
and others.
Competitive
Landscape
The industry
is fragmented with presence of more than
25 big and small players operating across marketplace and omnichannel
model. Delivery Cost, Delivery Time, App Interface, Discounts & Offers,
Return Policy, Ease of Payment have been major factors influencing customer
behavior. The major players include Shopee, Tokopedia, Sayurbox, Dropezy,
TaniHub, GrabMart etc. Companies with large product assortment, wide regional
presence and express delivery are indentified as clear leaders in the industry.
Future
Outlook and Projection
The demand is
expected to grow at a double digit CAGR on the basis of GMV during the review
period 2021P and 2026F. This is majorly due to increasing adoption of the new
technologies in the market by majority of the players coupled with the upcoming
tech based delivery options namely Drone Delivery, Warehouse Automation, Voice
Ordering and others. However, companies are anticipated to focus on expanding
tie ups with suppliers & grocery stores to fulfill customer orders which
will further lead to market consolidation in the near future as players with
strong financial support and superior brand value will acquire small players.
Key Segments
Covered: -
By
Region
Java
Sumatra
Kalimantan
Lesser Sunda
Islands
Sulawesi
Other Regions
By
Age Group
18-24 years
25-37 years
38-44 years
45+ years
By Product
Category
Food &
Beverages
Household
Supplies
Beauty and
Health
Fresh Food
Others
By
Gender
Male
Gender
By
Mode of Payment
Online
Payment
Cash on
Delivery
By
Mode of Delivery
In a Specific
Time Period (Same Day or Next Day)
Express
Delivery (30 Minutes to 120 Minutes)
Other (2 – 3
Days or More)
By
Type of Business
B2C
B2B
Companies
Covered
Shopee
Tokopedia
Sayurbox
GoMart
GrabMart
TaniHub
ChilliBeli
Dropezy
HappyFresh
Key Target Audience
Online
Grocery Delivery Companies
Supermarkets
& Hypermarkets
E-commerce
Companies
Food Delivery
Companies
Investors
Time Period Captured in the Report:
Historical
Period: 2016 – 2021P
Forecast
Period: 2021P – 2026F
Key Topics Covered in the Report: -
Difference
between Online & Offline Grocery Shopping. Why Online Grocery is the Way
Forward?
Target
Addressable Audience
Supply
Ecosystem and Competition Parameters
Demand
Scenario, Target Customer and Factor Influencing Consumer Behavior
Technologies
Facilitating Online Grocery Industry
Upcoming
Technologies in Online Grocery Industry
Cross
Comparison of Operating Models (Marketplace, Pureplay and Omnichannel)
Revenue
Streams
Marketing
Strategies
Addressable
Gap in the Market and Possible Solutions
Emerging
Business Strategies
Best
Practices in Business
Covid-19
Impact on Indonesia Online Grocery Market
Analyst
Recommendations
For More Information on the
research report, refer to below link: -
Future of Indonesia
Online Grocery Market
Related
Reports by Ken Research: -
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