The report covers various aspects including the current scenario of Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce & Courier Delivery Market in India.
INDIA, January 19, 2021 /EINPresswire.com/ — • Commercial Two Wheeler Fleet owned by delivery agents is expected to dominate the market and capture ~80% market share. Followed by fleet owned by company and third party logistic companies.
• High Growth in Bike Taxi Market is expected to attract investment in existing companies and entry of new players.
• Online Grocery Delivery Penetration expected to cross 5% by the end of FY’2025
Majority of the Fleet Deployed in Tier I Cities: ~65% of the commercial two wheeler fleet is deployed in Tier I cities namely Delhi, Bengaluru, Hyderabad, Mumbai, Chennai and Kolkata. Companies deploying commercial two wheeler fleet are expanding their presence in Tier I cities by expanding partnerships with delivery agents, setting up dark stores and fulfilment centres across the cities.
Impact of COVID-19: Due to COVID-19 outbreak, people avoided crowded places and turned to online grocery shopping amid escalating fears leading to rise in demand for Online Grocery Orders thereby increasing the fleet deployed in grocery delivery across the country.
E Commerce & Courier Delivery Market also witnessed an increase in number of shipments during the pandemic as customers avoided stepping out for shopping and brought all the essential items online. Bike Taxi and Food Delivery Market witnessed a decline during this period as people avoided travelling and preferred using their personal vehicles.
Introduction of Drone Delivery: With technological developments expected in last mile delivery such as autonomous delivery, Ariel drones and other improvements, delivery agents would be able to maximise the number of orders fulfilled in one day. This would reduce company’s dependence on labour for last mile delivery.
According to the report by Ken Research titled “India Commercial Two Wheeler Market Outlook to 2025: Driven by Changing Shopping Habits of Consumers and Rise in Demand from Tier II & Tier III cities” Commercial Two Wheeler Fleet in India is expected to cross 28.0 Mn by the end of FY’2025 (as on 31st March, 2025). The industry is currently positioned to be in growth stage and the demand will continue to grow owing to change in customer shopping habits, rising internet penetration, regional expansion of companies, rise in annual orders/rides/shipments, expanding partnership with delivery agents and logistics companies.
For More Information On The Research Report, Click on The Below Link: –
Key Segments Covered: –
By Market Structure
Other Regions (Pune, Chandigarh, Ahmedabad, Rajkot, Nagpur, Nashik, Aurangabad, and Others)
By Vehicle Ownership
Owned by Delivery Agent
Owned by Company
Others (Partner with Third Party Logistics and Rental Companies)
By Vehicle Type
Scooter & Scooty
By End User Industry
Grocery Delivery Market
Food Delivery Market
Bike Taxi Market
E Commerce and Courier Delivery Market
Amazon (Pantry and Fresh)
Key Target Audience
Online Grocery Delivery Companies
E-commerce and Courier Companies
Food Delivery Companies
Bike Taxi Companies
Ride Hailing Companies
Two Wheeler OEMs
Investors and Venture Capitalists
Time Period Captured in the Report:-
Historical Period: FY’2014-FY’2020
Forecast Period: FY’2020-FY’2025
Key Topics Covered in the Report:-
India Commercial Two Wheeler Market
India Commercial Two Wheeler Industry
Commercial Two Wheeler Market in India
Commercial Two Wheeler Industry in India
Automobile Industry Sales analysis India
Indian Two Wheeler Market Insights
India Two Wheeler Commercial Vehicle Market
Automobile Industry in India
two-wheeler market share by leading manufacturer
Commercial Two Wheeler Demand in India
Commercial Two Wheeler manufacturer in India
India Commercial Two Wheeler Fleet
Bike Taxi Market Growth in India
Report on India Commercial Two Wheeler Market
India Organized Commercial Two Wheeler Market
India Unorganized Commercial Two Wheeler Market
India Commercial Two Wheeler Market End Users
Two Wheeler Demand in Grocery Delivery India
Two Wheeler Demand in Food Delivery Market
India Commercial Two Wheeler Target Market
Impact of COVID-19 on India Commercial Two Wheeler Market
Related Reports by Ken Research:
Contact Us: –
Ankur Gupta, Head Marketing & Communications
Source: EIN Presswire