According to Goldstein Research, China has room for the growth of food delivery service providers backed by the growth of hospitality industry, developing infrastructure, faster development, and expansion of the cities. China has the highly competitive environment for the food delivery services, which is led by Meituan Waimai that accounted for 32.2% market share in 2016. China Online Food Delivery Services market outlook also includes new business models, technological advancements and capital investment as the key strategies adopted by the major players for a significant expansion of business in developed and as well as in developing countries across the globe. In 2018, the global smart home market will Surpass USD 70 billion, the market share of China will reach 32%. In the long run, the smart home market will be unquestionably the order of hundreds of millions. Moreover, advanced technologies such as the Internet of Things, cloud computing, big data and the rapid development of the ultra-broadband network will further boost the demand for Online Food Delivery Services in China.
Market Segmentation
On the basis of our in-depth analysis, China online food delivery services market can be segmented as follows:
- By Business Model
- Order Focused Food Delivery System
- Logistics Focused Food Delivery System
- Full-Service Food Delivery System
- By Platform
- Web Based
- Application-Based
- By Food Source
- Restaurants and Food Outlets
- Grocery Stores
- Supermarkets
- By Payment method
- Online Payment
- Cash On Delivery (COD)
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China Online Food Delivery Services Industry Demand & Challenges
“China Online Food Delivery Services Market Outlook 2024” contains a detailed overview of the China Online Food Delivery Services market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by business model, by platform, by food source, and by payment method.
Further, for the in-depth analysis, China Online Food Delivery Services Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive intelligence & outlook of some of the major players profiling of companies such as Meituan Waimai, Ele.me, ENJOY, Home-Cook, Daojia, Grab, Food Panda, Just Eat, Grub Hub, etc.
The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the China Online Food Delivery Services market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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