The Asia Pacific Hyperlocal Service Market would witness market growth of 12.9% CAGR during the forecast period (2022-2028).
Since the advent and expansion of hyperlocal platforms, local offline retailers and wholesalers have had a new lease of life. Although the notion is fresh, the system is no longer new to it because to the widespread use of the internet. It has the potential to take the offline seller's business to new heights. The capacity of hyperlocal e-commerce enterprises to offer products and services at breakneck speed is their USP. Hyperlocal delivery models guarantee customers that they will receive the product they requested in as little as an hour. Owing to hyperlocal platforms, everything from getting food from restaurants that don't normally deliver to ordering groceries people need in a hurry has gotten much easier.
A hyperlocal marketplace operates by delivering goods and services to customers from offline establishments within a few kilometres of their location. Consider not only FMCG but also home maintenance, grooming, and other customer-valued services. So, if a neighbouring restaurant does not offer food delivery, a hyperlocal business can come in and fill the gap. Such company concepts benefit greatly from the use of a mobile application.
In India, the popularity of Hyperlocal Delivery, which is a customized delivery service provided by a significant subset of courier partners at the moment, is increasing. Because it works exclusively within a small geographical area, hyperlocal delivery allows for speedier delivery to a greater number of customers. What began as a local issue involving housing and taxi-aggregators such as Uber, Airbnb, and others only a few years ago has evolved into a large one. For the ecommerce industry, the advent of on-demand hyperlocal delivery management software and services has shown to be a highly successful and cost-effective business strategy.
Despite the fact that hyperlocal delivery is still a relatively new concept in India and the rest of the world, many eCommerce logistics companies are swiftly shifting gears to include this specialized service in their shipping solution offering. talk about the greatest hyperlocal delivery services in India now. These courier partners use on-ground delivery agents as well as local suppliers, retailers, and warehouses to fulfil consumer orders within 2-3 hours.
The China market dominated the Asia Pacific Hyperlocal Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $313.5 Billion by 2028. The Japan market is anticipated to grow at a CAGR of 12.1% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 13.5% during (2022 - 2028).
Based on Nature, the market is segmented into Utility Services and Goods Delivery. Based on Type, the market is segmented into Home Utility Service, Food Ordering, Grocery Ordering, Logistic Service Providers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Hyperlocal Services Market is Projected to reach USD 3730 Billion by 2028, at a CAGR of 12.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Delivery Hero SE, Uber Technologies, Inc., Zomato Media Pvt. Ltd., AskforTask, Inc., Instacart, Just Eat Takeaway.com, Angi Inc., UrbanClap Technologies India Pvt. Ltd., Blinkit (Grofers International Pte Ltd.), and Housekeep Limited
Scope of the Study
Market Segments Covered in the Report:
By Nature
- Utility Services
- Goods Delivery
By Type
- Home Utility Service
- Food Ordering
- Grocery Ordering
- Logistic Service Providers
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Delivery Hero SE
- Uber Technologies, Inc.
- Zomato Media Pvt. Ltd.
- AskforTask, Inc.
- Instacart
- Just Eat Takeaway.com
- Angi Inc.
- UrbanClap Technologies India Pvt. Ltd.
- Blinkit (Grofers International Pte Ltd.)
- Housekeep Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Hyperlocal Service Market, by Nature
1.4.2 Asia Pacific Hyperlocal Service Market, by Type
1.4.3 Asia Pacific Hyperlocal Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Hyperlocal Service Market by Nature
3.1 Asia Pacific Utility Services Market by Country
3.2 Asia Pacific Goods Delivery Market by Country
Chapter 4. Asia Pacific Hyperlocal Service Market by Type
4.1 Asia Pacific Home Utility Service Market by Country
4.2 Asia Pacific Food Ordering Market by Country
4.3 Asia Pacific Grocery Ordering Market by Country
4.4 Asia Pacific Logistic Service Providers Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Hyperlocal Service Market by Country
5.1 China Hyperlocal Service Market
5.1.1 China Hyperlocal Service Market by Nature
5.1.2 China Hyperlocal Service Market by Type
5.2 Japan Hyperlocal Service Market
5.2.1 Japan Hyperlocal Service Market by Nature
5.2.2 Japan Hyperlocal Service Market by Type
5.3 India Hyperlocal Service Market
5.3.1 India Hyperlocal Service Market by Nature
5.3.2 India Hyperlocal Service Market by Type
5.4 South Korea Hyperlocal Service Market
5.4.1 South Korea Hyperlocal Service Market by Nature
5.4.2 South Korea Hyperlocal Service Market by Type
5.5 Singapore Hyperlocal Service Market
5.5.1 Singapore Hyperlocal Service Market by Nature
5.5.2 Singapore Hyperlocal Service Market by Type
5.6 Malaysia Hyperlocal Service Market
5.6.1 Malaysia Hyperlocal Service Market by Nature
5.6.2 Malaysia Hyperlocal Service Market by Type
5.7 Rest of Asia Pacific Hyperlocal Service Market
5.7.1 Rest of Asia Pacific Hyperlocal Service Market by Nature
5.7.2 Rest of Asia Pacific Hyperlocal Service Market by Type
Chapter 6. Company Profiles
6.1 Delivery Hero SE
6.1.1 Company Overview
6.1.1 Financial Analysis
6.1.2 Regional Analysis
6.1.3 Research & Development Expense
6.1.4 Recent Strategies and Developments
6.1.4.1 Acquisitions and Mergers:
6.2 Uber Technologies, Inc. (UberEats)
6.2.1 Company Overview
6.2.2 Recent Strategies and Developments
6.2.2.1 Partnerships, Collaborations and Agreements:
6.3 Zomato Media Pvt. Ltd.
6.3.1 Company Overview
6.4 AskforTask, Inc.
6.4.1 Company Overview
6.5 Instacart
6.5.1 Company Overview
6.6 Just Eat Takeaway.com
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional Analysis
6.7 Angi Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.8 UrbanClap Technologies India Pvt. Ltd.
6.8.1 Company Overview
6.9 Blinkit (Grofers International Pte Ltd.)
6.9.1 Company Overview
6.10. Housekeep Limited
6.10.1 Company Overview
TABLE 1 Asia Pacific Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 2 Asia Pacific Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 3 Asia Pacific Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 4 Asia Pacific Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 5 Asia Pacific Utility Services Market by Country, 2018 - 2021, USD Billion
TABLE 6 Asia Pacific Utility Services Market by Country, 2022 - 2028, USD Billion
TABLE 7 Asia Pacific Goods Delivery Market by Country, 2018 - 2021, USD Billion
TABLE 8 Asia Pacific Goods Delivery Market by Country, 2022 - 2028, USD Billion
TABLE 9 Asia Pacific Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 10 Asia Pacific Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 11 Asia Pacific Home Utility Service Market by Country, 2018 - 2021, USD Billion
TABLE 12 Asia Pacific Home Utility Service Market by Country, 2022 - 2028, USD Billion
TABLE 13 Asia Pacific Food Ordering Market by Country, 2018 - 2021, USD Billion
TABLE 14 Asia Pacific Food Ordering Market by Country, 2022 - 2028, USD Billion
TABLE 15 Asia Pacific Grocery Ordering Market by Country, 2018 - 2021, USD Billion
TABLE 16 Asia Pacific Grocery Ordering Market by Country, 2022 - 2028, USD Billion
TABLE 17 Asia Pacific Logistic Service Providers Market by Country, 2018 - 2021, USD Billion
TABLE 18 Asia Pacific Logistic Service Providers Market by Country, 2022 - 2028, USD Billion
TABLE 19 Asia Pacific Others Market by Country, 2018 - 2021, USD Billion
TABLE 20 Asia Pacific Others Market by Country, 2022 - 2028, USD Billion
TABLE 21 Asia Pacific Hyperlocal Service Market by Country, 2018 - 2021, USD Billion
TABLE 22 Asia Pacific Hyperlocal Service Market by Country, 2022 - 2028, USD Billion
TABLE 23 China Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 24 China Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 25 China Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 26 China Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 27 China Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 28 China Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 29 Japan Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 30 Japan Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 31 Japan Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 32 Japan Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 33 Japan Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 34 Japan Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 35 India Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 36 India Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 37 India Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 38 India Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 39 India Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 40 India Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 41 South Korea Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 42 South Korea Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 43 South Korea Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 44 South Korea Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 45 South Korea Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 46 South Korea Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 47 Singapore Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 48 Singapore Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 49 Singapore Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 50 Singapore Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 51 Singapore Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 52 Singapore Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 53 Malaysia Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 54 Malaysia Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 55 Malaysia Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 56 Malaysia Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 57 Malaysia Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 58 Malaysia Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 59 Rest of Asia Pacific Hyperlocal Service Market, 2018 - 2021, USD Billion
TABLE 60 Rest of Asia Pacific Hyperlocal Service Market, 2022 - 2028, USD Billion
TABLE 61 Rest of Asia Pacific Hyperlocal Service Market by Nature, 2018 - 2021, USD Billion
TABLE 62 Rest of Asia Pacific Hyperlocal Service Market by Nature, 2022 - 2028, USD Billion
TABLE 63 Rest of Asia Pacific Hyperlocal Service Market by Type, 2018 - 2021, USD Billion
TABLE 64 Rest of Asia Pacific Hyperlocal Service Market by Type, 2022 - 2028, USD Billion
TABLE 65 key information – Delivery Hero SE
TABLE 66 Key Information – Uber Technologies, Inc. (UberEats)
TABLE 67 Key information – Zomato Media Pvt. Ltd.
TABLE 68 Key information – AskforTask, Inc.
TABLE 69 KEY INFORMATION – Instacart
TABLE 70 Key Information – Just Eat Takeaway.com
TABLE 71 key Information – Angi Inc.
TABLE 72 Key Information – UrbanClap Technologies India Pvt. Ltd.
TABLE 73 Key Information – Blinkit
TABLE 74 Key Information – Housekeep Limited
List of Figures
FIG 1 Methodology for the research