Summary
Malaysia Quick Commerce Market Outlook to 2026F- Driven by growing technological adoption and infrastructure development
The report titled publication “Malaysia Quick Commerce Market Outlook to 2026F- Driven by growing technological adoption and infrastructure development by Ken Research provides a comprehensive analysis of the potential of Quick Commerce market in Malaysia. The report also covers Malaysia Country overview and Malaysia quick commerce market Overview, Malaysia Quick Commerce market size; Malaysia Quick Commerce market segmentation by B2B/B2C & C2C, by Region, by On-Demand Segment; Malaysia On-Demand Grocery Delivery market segmentation by Region, by Average Delivery Time Taken, by Product Category, by Gender, by Age Group, by Frequency of Ordering; Malaysia On-Demand Food Delivery Market segmentation by Region, by Average Delivery Time Taken, by Gender, by Age Group, by Average Order Value, by Cuisine Type, by Frequency of Ordering; Malaysia On-Demand Last mile Delivery market segmentation by B2B/B2C & C2C, by Region, by Average Delivery Time Taken, by B2C End User; Trends, Genesis, growth journey, challenges, Technological trends; SWOT analysis; Government Policies, COVID-19 Impact, Associations, Customer Analysis and Competition Analysis. The report concludes with future market projections & Outlook and analyst recommendations.
Malaysia Quick Commerce Market Overview:
The Malaysia Quick Commercemarket 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 of 6.0% between 2022P and 2027F, 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.
Malaysia Quick Commerce Market Segmentations:
Malaysia Quick Commerce Market Segmentation on Demand Grocery:
By Products Category: Packaged food and beverages amount for almost half of the orders were placed on on-demand grocery delivery platform.
By Business Model: In 2022P, over 5 million quick commerce orders were made through Dark stores and remaining orders were fulfilled via the marketplace model
The major player in Malaysia – Pandamart, operates most of the dark stores in the country and other players have resorted to sticking with Marketplace model.
By Customer’s Gender: Females make a slightly higher proportion of online grocery delivery purchases and the age group 25-34 has the highest share in total number of orders.
By Delivery Time: Majority of the orders placed on on-demand grocery delivery platform are delivered in less than 45 minutes, whereas around 10% of the orders are delivered in 45-120 minutes.
By Order Value: The 50-100 RM Average Order Value category is the most dominant amongst all on demand grocery delivery orders with 43.2% share and roughly 4.4 million orders in year 2022P.
By Customer’s Age: Malaysians of age between 25-44 years are the major users of on-demand grocery platforms because of convenience, propensity to pay and quick delivery time.
Malaysia Quick Commerce Market Segmentation on Demand Logistics
By B2B/B2C & C2C: B2B Segments is dominating the last mile logistics market because these services are accessed by mostly households.
By B2C End User: Grocery and Flowers are the top most end users of last mile delivery service contributing more than 50% share together.
By Regions: Urban Areas accounted large number of orders as compared to Tier 2 & Rural Areas.
By Average Delivery time taken: The rise in online orders has increased the demand for Last Mile delivery. In 2022P, majority of the last mile orders delivered between (1 - 2 hours).
Malaysia Quick Commerce Market Segmentation on Demand Food Delivery:
By Average Delivery Period: Majority of the orders delivered within 30 minutes, in 2022P. Whereas, a small percentage share of orders were delivered above 45 minutes.
By Cuisine type: Fast food remained the most popular cuisine category in Malaysia in terms of numbers of orders placed and delivered in 2022P.
Comparative Landscape in Malaysia Quick Commerce Market:
Malaysia Quick Commerce Market is a moderately fragmented market which is still at a growing stage. High internet penetration is the prime factor for the growth of the market. Adoption of new technologies, impact of Covid-19, emergence of new players, and government initiatives are some other factors responsible for the growth of the quick commerce market in Malaysia. The top quick commerce players as of 2021 in Malaysia are, Foodpanda, Grab, Oddle and more.
Malaysia Quick Commerce Market Outlook and Projections:
Malaysia Quick Commerce Market is expected to grow with of CAGR of 6.0%, between 2022P-2027F, some of the major determinants for the surging growth in the coming years is the changing lifestyle of the people, discounts offered by the companies, convenience, last mile-delivery, availability of variety of brands and Government initiatives. Furthermore, Companies are also adopting new technologies like GPS monitored robots, drones, inbuilt RFID, IoT Telematics that will be used for tracking Inventory and Simplified E-banking system which will contribute in the growth of the quick commerce market in Malaysia.
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
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
B2B
B2C
C2C
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
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: 2017-2022P
Forecast Period: 2022P-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
The report titled publication “Malaysia Quick Commerce Market Outlook to 2026F- Driven by growing technological adoption and infrastructure development by Ken Research provides a comprehensive analysis of the potential of Quick Commerce market in Malaysia. The report also covers Malaysia Country overview and Malaysia quick commerce market Overview, Malaysia Quick Commerce market size; Malaysia Quick Commerce market segmentation by B2B/B2C & C2C, by Region, by On-Demand Segment; Malaysia On-Demand Grocery Delivery market segmentation by Region, by Average Delivery Time Taken, by Product Category, by Gender, by Age Group, by Frequency of Ordering; Malaysia On-Demand Food Delivery Market segmentation by Region, by Average Delivery Time Taken, by Gender, by Age Group, by Average Order Value, by Cuisine Type, by Frequency of Ordering; Malaysia On-Demand Last mile Delivery market segmentation by B2B/B2C & C2C, by Region, by Average Delivery Time Taken, by B2C End User; Trends, Genesis, growth journey, challenges, Technological trends; SWOT analysis; Government Policies, COVID-19 Impact, Associations, Customer Analysis and Competition Analysis. The report concludes with future market projections & Outlook and analyst recommendations.
