Hyperlocal services are those that are usually delivered inside a very small geographical area and allows sellers to deliver different products or services in a very short amount of time. Delivery of goods and services is included in hyperlocal services; for example, delivery of goods includes meals, groceries, pharmaceuticals, furniture, and electronic equipment. The hyperlocal service model is distinguished by the fact that the whole supply chain is located relatively close to both the buyer and the seller. Consumers are served by hyperlocal service providers who supply groceries, meals, pharmaceuticals, personal products, and other commodities, as well as utility services such as plumbing, home cleaning, lawn care, electrical, and drainage. All these items and services are offered by network of young men from local businesses or individuals. Restaurants, hotels, quick food outlets, fruit and vegetable, seafood, meat, and other businesses can use hyperlocal services platforms to successfully interact and manage their business without having to worry about delivery.
Top Companies Operating in the Global Hyperlocal Services Market Report:
- Delivery Hero
- Just-Eat
- com
- GrubHub
- Grofers
- Instacart
- Housekeep
- Uber Technologies Inc.
- Handy
- Ask For Task
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Revenue growth in the global consumer goods market is primarily due to factors such as the rapid increase in the world population, the growing demand for food and other essential goods, including healthcare nutrition, personal care hygiene, and electronic products. Consumer preferences and lifestyles are changing significantly, the demand for packaged and processed food and beverage products is rising, and the number of people working is increasing. There has been a rapid adoption of cutting-edge technologies such as artificial intelligence (AI), IoT (Internet of Things), big data analytics, robotics automation in the consumer goods industry. Other key factors driving the growth of the global consumer goods market include a growing awareness of the adverse environmental impacts of plastic packaging and a growing demand for eco-friendly and sustainable packaging solutions. Rising income levels in developing economies such as India and stringent government regulations for product quality and safety are expected to boost market revenue growth in the near future.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Food Ordering
- Grocery Ordering
- Home Utility Service
- Logistic Service Providers
- Others
Nature Type Outlook (Revenue, USD Billion; 2018-2028)
- Goods Delivery
- Utility Services
Key Takeaways of the Global Hyperlocal Services Market Report:
- A comprehensive overview of the global Hyperlocal Services industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Hyperlocal Services market.
- Elaborate study of the leading regional markets in the global Hyperlocal Services market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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