The Malaysia Quick Commerce Market is expected to deliver ~1.3 Mn orders within 30 mins by 2027F, driven by investment in last mile delivery solutions and B2C platforms expanding beyond concentration: Ken Research

News provided by

Dec 13, 2022, 03:11 ET

Shift in consumer behavior from value to convenience seeking, unplanned ordering behavior, with an increase in Gen-Z customers' affinity for indulgence purchases are some of the growth drivers.
Investment in last mile delivery solutions such as autonomous delivery, pick up and drop networks, crowdsourced delivery platforms on a rise.
Consumers will continue to adopt digital and contactless services quickly, with consumers ordering online versus shopping at brick-and-mortar stores, the competition for last mile delivery will be fierce.

GURUGRAM, India, Dec. 13, 2022 /PRNewswire/ --

Expanding realms of delivery by investing in drone technology: Received approval for China's first batch of air routes for real-time delivery drones in Shanghai, this reduced labour costs and delivery time from 30 minutes to 20 minutes, taking example from China, Quick Commerce players in Malaysia can capitalize the opportunity.

Internet of Things: Intelligence Transport Solutions: In-vehicle telematics can collect data on movements and idle time to maximize fleet and asset utilization as well as dynamic route planning and optimization. IOT can be used to reduce vehicle downtime via prediction of asset failure and automated maintenance scheduling. Tagging of individual items, pallets and operational equipment can transmit information about their current condition and position.

Shift in Consumer Behavior from Value-seeking to Convenience-Seeking: Willingness to pay for premium products, growing market for easy-to-cook products at-home delivery, demand for healthy and nutritional products, rising consumption of newer products through global experiences. Shift in consumer behavior from value-seeking to convenience-seeking, resulting in weekly, small-sized purchases rather than larger, monthly purchases driving the demand for on-demand logistics market.

Analysts at Ken Research in their latest publication "Malaysia Quick Commerce Market Outlook to 2026F- Driven by growing technological adoption and infrastructure development" by Ken Research observed that Malaysia Quick Commerce Market is in the growing phase. The Adoption of New Technologies, emerging new players, high internet penetration, balancing lifestyle, Government Initiatives and with the convenience of last mile delivery, are some of the factors that will contributed to the Malaysia Quick Commerce market growth over the period of 2022P-2027F with a growth rate of CAGR 6.0%.

Key Segments Covered in the report:-

Malaysia Quick Commerce Market Segmentation on Demand Grocery

By Products Category

Beauty & Personal care
Packaged Food & Beverages
Staples
Fruits & Vegetables
Others

By Region

Metro & Tier I
Tier II & below

By Business Model

Dark Store Model
Marketplace Model

By Customer's Gender

Male
Female

To learn more about this report Download a Free Sample Report

By Delivery Time

0-30 mins
30-45 mins
45- 1 hour
1-2 hours

By Order Value

0-50
50-100
100-200
200-1000

By Customer's Age

16-24
25-34
35-44
45-54
55+

Malaysia Quick Commerce Market Segmentation on Demand Logistics

By B2B/B2C & C2C

Visit this Link Request for custom report

By B2C End User

Grocery
Flowers
Shoes
Fresh Fruits & Vegetables
Others

By Regions

Urban Areas
Tier 2 and Rural Areas

By Average Delivery time taken

0-30 mins
30-45 mins
45 mins - 1 hr.
1 hr.- 2hr

Malaysia Quick Commerce Market Segmentation on Demand Food Delivery

By Region

Urban Areas
Tier 2, 3, Rural Areas

By Average Delivery Period

Under 30 Minutes
30-45 Minutes
45-60 Minutes

By Gender

Male
Female

By Age Group

18-24
25-34
35-44
45 above

By Frequency of ordering

Everyday
2-3 times a week
once a week
every 2 weeks
once a month
once every 6 months
once a year
less than once a year

To learn more about this report Download a Free Sample Report

By Cuisine type

Fast Food
Malay
Beverages
Chinese
Others

Key Target Audience:-

Quick Commerce Players
Ecommerce Companies
E-grocery Companies
Logistics Companies
Cold Chain Companies
Investors & Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2017/22-2021
Forecast Period: 2022-2027F

Companies Covered:-

Food Panda
GrabFood
Oddle
Quicksent
Airasia
Pandamart
GrabMart
Happyfresh
Lala Move
Borzo
GrabExpress
Pickupp

Key Topics Covered in the Report:-

Country Overview Malaysia
Ecosystem of Major players in the Malaysian Quick Commerce Market, 2022
Business Cycle and Genesis of Malaysia Quick Commerce Market
The Rise of Rapid Delivery (Quick Commerce)
Customer Journey: Traditional E-Commerce VS On-Demand Logistics
E-commerce statistics in Malaysia as compared to other regions
E-commerce penetration in Malaysia
E-commerce trends in Malaysian states
E-commerce vs Quick Commerce
Business Model Canvas of Quick Commerce businesses
On Demand Food Delivery Market in Malaysia
Market Segmentation for On Demand Food Delivery Market in Malaysia
Competition Analysis for On Demand Food Delivery Market in Malaysia
Future Forecast for On Demand Food Delivery Market in Malaysia
On Demand Grocery Delivery Market in Malaysia
Market Segmentation for On Demand Grocery Delivery Market in Malaysia
Competition Analysis for On Demand Grocery Delivery Market in Malaysia
Future Forecast for On Demand Grocery Delivery Market in Malaysia
On Demand Last Mile Logistics Market in Malaysia
Market Segmentation for On Demand Last Mile Logistics Market in Malaysia
Competition Analysis for On Demand Last Mile Logistics Market in Malaysia
Future Forecast for On Demand Last Mile Logistics Market in Malaysia
Industry Analysis
Regulations: Product Registration and Certification
Challenges in Market
Growth Drivers of the Malaysian Quick Commerce Market
Growth driven by Covid-19 pandemic
Malaysian Government's National E-commerce Strategic Roadmap
Sub-segments of the Malaysian Government's Digital Free Zone
Diversification Opportunity to Other Categories
Technologies to Leverage in the Malaysian Quick Commerce Market
Strategies followed by Food Delivery Player in SEA's
New Technologies

For more insights on the market intelligence, refer to the link below:-
Malaysia Quick Commerce Market

Related Reports By Ken Research:-

India Quick Commerce Market Outlook to FY'27F - Driven by Increasing demand for Faster Delivery & Convenience and Shifting Customer behavior towards Unplanned Purchases

Quick Commerce provides the convenience of fastest possible doorstep delivery of groceries and other consumables. There has been observed a significant increase in the Top-up and Unplanned purchases, particularly in Metro and Tier I cities which is facilitating the growth of the quick commerce industry in India. The Quick Commerce Industry is currently positioned in the Early Growing Stage and is anticipated to showcase a CAGR close to 27% between FY'22 and FY'27F. Increasing Willingness of the consumers to pay premium for quick deliveries, changing shopping habits towards more frequent unplanned & top-up purchases has led to the growth of the quick commerce market in India.

Brazil Quick Commerce Market Outlook to 2027F"- Driven by the increasing digital adoption and internet penetration since the global covid-19 pandemic

With the rise of urbanization, the number of small or single-person households is rapidly growing, leading to a rising demand for delivery of products in small quantities rather than purchasing in large quantities at a cheaper price. The Quick Commerce Market in Brazil expanded at a CAGR of ~32% in between 2019 and 2022P, on the basis of gross merchandise value. The push in online shopping came from the change in consumer behavior after covid 19 pandemic, increase in internet usage and smartphone owners.

Saudi Arabia Quick Commerce Market Outlook to 2026F - Increasing Demand for Rapid Deliveries, Rising Internet Penetration Rate and Changing Lifestyles to Drive the Saudi Arabian Quick Commerce Market in the near future

The Saudi Arabia Quick Commerce market is at a growing stage, with ~15-20 players competing in the market, and has witnessed a significant competition in terms of emergence of various companies and is expected to grow with a CAGR in double digits between 2021 and 2026F, mainly because of the high internet penetration, emergence of dual income families, change in the consumer behavior post pandemic, increasing interest towards seamless transaction, unplanned and last minute ordering and busy lifestyle.

Follow Us –

LinkedIn | Instagram | Facebook | Twitter | YouTube

Contact Us:-
Ken Research Private Limited
Ankur Gupta, Director Strategy and Growth
[email protected]
+91-9015378249

Logo: https://mma.prnewswire.com/media/1954972/Ken_Research_Logo.jpg

SOURCE Ken Research