In a recently updated publication for the hyperlocal delivery app market, FMI estimates the industry to reach a valuation of US$ 1,744.80 million in FY 2024. Increasing internet usage and evolving consumer behavior are key factors that are inducing the growth of hyperlocal services.
The hyperlocal delivery app market is forecast to generate revenue of US$ 13,353.50 million by 2034, expanding at a CAGR of 22.60%. Growth in the hyperlocal space with an increase in niche brands across categories like groceries, home services, essentials, pharmaceuticals, etc. is contributing to market expansion.
| Attributes | Key Insights |
|---|---|
| Hyperlocal Delivery App Market Size (2024E) | US$ 1,744.80 million |
| Market Valuation (2034F) | US$ 13,353.50 million |
| Value-based CAGR (2024 to 2034) | 22.6% |
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| Leading Industry | Food and Beverages |
|---|---|
| Value Share (2024) | 34.30% |
The food and beverage segment are a prominent user of hyperlocal delivery apps. The market share of the food and beverage segment accounts for 34.30% in 2024. Restaurants and cafes are excessively using apps to speedily serve their customers and increase their annual sales.
Expansive access to numerous local businesses and on-demand food service are certain key points that are contributing to the segment’s growth.
| Leading Type | Mobile-based Hyperlocal Delivery Apps |
|---|---|
| Value Share (2024) | 61.30% |
The mobile-based hyperlocal delivery apps hold dominance over web-based hyperlocal delivery apps. The mobile-based segment is expected to account for 61.30% of the global market share. Increasing use of smartphones is a key propeller for this segment.
Retailers are increasingly using mobile applications to schedule their hyperlocal orders due to their convenience. The apps also offer benefits like enhanced accessibility, faster deliveries, easy record-keeping, etc. to their users.
Principal Consultant
| Countries | Forecast CAGR (2024 to 2034) |
|---|---|
| The United States | 19.40% |
| Germany | 18.0% |
| Japan | 17.3% |
| China | 23.10% |
| Australia | 26.10% |
The United States hyperlocal delivery app industry is projected to expand at a robust 19.40% over the next 10 years. The growth of this industry is backed by the integration of logistics management platforms with Artificial Intelligence (AI) and Machine Learning (ML). In an economy where ‘speed’ fuels the growth of businesses, this step toward technological advancement is aimed at facilitating faster deliveries with intelligent order allocation.
Significant growth in the United States market is going to raise the market size of North America. In a recent development, in January 2024, Fantuan, a Canada-based delivery company acquired Chowbus, a Chicago-based delivery business.
Chowbus, like Fantuan, is a delivery partner for Asian food ordering and delivery. The deal is expected to widen Fantuan’s portfolio of restaurants and users and increase its presence in the United States. The country presently boasts 120,000 Asian restaurants.
Companies aiming to empower the deskless workforce are also joining the troop of the hyperlocal delivery ecosystem. Skedulo, a company based in the United States, develops cloud-based software that permits any business operating in any field to manage, engage, schedule, and analyze their mobile workforce.
The market in Germany is proliferating at a CAGR of 18% throughout the forecast period. Germany is an influential market in the Europe hyperlocal delivery app market. Businesses in the country are turning to hyperlocal delivery partners to simplify delivery operations. These apps facilitate reduced costs, streamlined last-mile delivery, optimized operations, and enhanced customer experience.
Some popular apps in Germany include Delivery Hero and Foodpanda. Delivery Hero is an online platform that offers food ordering and delivery services. It helps its users to offer online food delivery services from cafes and restaurants. The app further expands its services to include medicines, packages, flowers, gifts, and more. Foodpanda, whereas, is an online ordering and delivery platform for food that helps its users order food from restaurants situated nearby.
Growth of hyperlocal delivery app market in Japan is driven at a CAGR of 17.30% throughout the forecast period. The country is crowded with several of these apps, Damaecan being the popular local delivery platform.
This app functions as a hyperlocal delivery service that connects consumers with their favorite local businesses and restaurants. The company is evolving from a food-delivery service provider to a last-mile delivery service of necessities, beverages, and other essentials.
Players are also expanding into Japanese economy to increase their footprint and growth prospects. In June 2021, DoorDash, which is America’s one of the leading on-demand logistics platform, announced that it is officially launching in Japan, starting from Sendai.
This initiative marks the company’s first endeavor to extend to Asia and third market where it is expanding operations. The company is now successfully operating in the United States, Australia, Canada, and Japan.
Several startups in the hyperlocal delivery service ecosystem populate the country. Some of them include Line Man, Foodison, Snaq.me, Natura Cart, etc.
The adoption of hyperlocal delivery applications in China is increasing at a 23.10% CAGR over the next decade. The country is one of the lucrative markets for these services. Increasing eCommerce penetration as well as rising demand for quick and affordable utility services is propelling the demand for hyperlocal services among consumers in China.
Increasing presence of eCommerce giants and favorable government initiatives to wire rural areas are some other prominent market drivers. The use of hyperlocal delivery apps is rising due to digitization, internet engagement, and high economic growth in China.
Significant opportunities for hyperlocal delivery apps are emerging in Australia, attracting several investors to the country. The country is set to increase at a CAGR of 26.10% throughout the assessment period.
The hyperlocal delivery apps are taking Australia by storm from the past few years. The expanding student population, working population, parent population, etc., are increasing the demand for these apps. User-friendly interface and speedy services are some key points that are fueling the demand for hyperlocal delivery applications. Some famous delivery apps operating in Australia are DoorDash, Menulog, Uber Eats, and EASI.
The hyperlocal delivery services in Australia are rising for retail and CPG, food and beverages, courier express and parcel, medical, and healthcare, among others. For same-day delivery and on-demand couriers, GoPeople is emerging as a smart delivery solution in Australia. The company is providing recipients and senders live GPS tracking, changing locations of the drivers, and displaying pick-up and drop-off status.
Key players in the market are supporting restaurants and businesses of varied sizes and shapes. These include independent restaurants and cafes to world-renowned favorite brands like KFC, McDonalds, Subway, Hungry Jack’s, Oporto, Subway, etc.
Players are catering to the Gen Z population by listing restaurants that appeal more to the young generation. In addition to this, the players are arming themselves with a cool brand and connecting with their target audience on channels they frequent and pay attention to. These include Facebook, TikTok, Instagram, YouTube, etc.
Industry participants are further investing in youth icons to enjoy good dividends concerning attracting youth. Besides, companies are strengthening their contractual courier network by increasing their present insurance covers and examining their portable leave entitlements.
Market contenders are further strategizing for growth with mergers and acquisitions.
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Current projections of the market indicate a valuation of US$ 1,744.80 million in 2024
Looking ahead to 2034, the current forecast projects a CAGR of 22.6% for the industry.
FMI predicts lucrative opportunities worth US$ 13,353.50 million by the year 2034.
Mobile-based hyperlocal delivery apps segment holds a significant market share in the forecast period.
Australia is predicted to be an investment hotspot for investors and stakeholders.
Jungleworks, Bringg, and Shippo are powerful players in the industry.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2024 to 2034
5.3.1. Web-Based Hyperlocal Delivery Apps
5.3.2. Mobile-Based Hyperlocal Delivery Apps
5.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Industry
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Industry, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Industry, 2024 to 2034
6.3.1. Retail & CPG
6.3.2. Medical & Healthcare
6.3.3. Food & Beverages
6.3.4. Courier Express & Parcel
6.3.5. Others
6.4. Y-o-Y Growth Trend Analysis By Industry, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Industry, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Type
8.2.3. By Industry
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Type
8.3.3. By Industry
8.4. Key Takeaways
9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Type
9.2.3. By Industry
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By Industry
9.4. Key Takeaways
10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Type
10.2.3. By Industry
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Industry
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Type
11.2.3. By Industry
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Industry
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Type
12.2.3. By Industry
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Industry
12.4. Key Takeaways
13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Type
13.2.3. By Industry
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By Industry
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Type
14.2.3. By Industry
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Type
14.3.3. By Industry
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Market Share Analysis, 2023
15.1.1.1. By Type
15.1.1.2. By Industry
15.2. Canada
15.2.1. Market Share Analysis, 2023
15.2.1.1. By Type
15.2.1.2. By Industry
15.3. Brazil
15.3.1. Market Share Analysis, 2023
15.3.1.1. By Type
15.3.1.2. By Industry
15.4. Mexico
15.4.1. Market Share Analysis, 2023
15.4.1.1. By Type
15.4.1.2. By Industry
15.5. Germany
15.5.1. Market Share Analysis, 2023
15.5.1.1. By Type
15.5.1.2. By Industry
15.6. UK
15.6.1. Market Share Analysis, 2023
15.6.1.1. By Type
15.6.1.2. By Industry
15.7. France
15.7.1. Market Share Analysis, 2023
15.7.1.1. By Type
15.7.1.2. By Industry
15.8. Spain
15.8.1. Market Share Analysis, 2023
15.8.1.1. By Type
15.8.1.2. By Industry
15.9. Italy
15.9.1. Market Share Analysis, 2023
15.9.1.1. By Type
15.9.1.2. By Industry
15.10. Poland
15.10.1. Market Share Analysis, 2023
15.10.1.1. By Type
15.10.1.2. By Industry
15.11. Russia
15.11.1. Market Share Analysis, 2023
15.11.1.1. By Type
15.11.1.2. By Industry
15.12. Czech Republic
15.12.1. Market Share Analysis, 2023
15.12.1.1. By Type
15.12.1.2. By Industry
15.13. Romania
15.13.1. Market Share Analysis, 2023
15.13.1.1. By Type
15.13.1.2. By Industry
15.14. India
15.14.1. Market Share Analysis, 2023
15.14.1.1. By Type
15.14.1.2. By Industry
15.15. Bangladesh
15.15.1. Market Share Analysis, 2023
15.15.1.1. By Type
15.15.1.2. By Industry
15.16. Australia
15.16.1. Market Share Analysis, 2023
15.16.1.1. By Type
15.16.1.2. By Industry
15.17. New Zealand
15.17.1. Market Share Analysis, 2023
15.17.1.1. By Type
15.17.1.2. By Industry
15.18. China
15.18.1. Market Share Analysis, 2023
15.18.1.1. By Type
15.18.1.2. By Industry
15.19. Japan
15.19.1. Market Share Analysis, 2023
15.19.1.1. By Type
15.19.1.2. By Industry
15.20. South Korea
15.20.1. Market Share Analysis, 2023
15.20.1.1. By Type
15.20.1.2. By Industry
15.21. GCC Countries
15.21.1. Market Share Analysis, 2023
15.21.1.1. By Type
15.21.1.2. By Industry
15.22. South Africa
15.22.1. Market Share Analysis, 2023
15.22.1.1. By Type
15.22.1.2. By Industry
15.23. Israel
15.23.1. Market Share Analysis, 2023
15.23.1.1. By Type
15.23.1.2. By Industry
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Type
16.3.3. By Industry
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. ClickPost
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Jungleworks
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. FarEye
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. Bringg
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. Shippo
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. Loginext
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Shipstation
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. Anchanto
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.9. Skedulo
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Hyperlocal Delivery App Market
