Japan Online Grocery Market Expected to Grow at a CAGR of 24.40% during 2024-2032

This market is growing due to increasing convenience demand, aging population, and rising e-commerce adoption.
Japan Online Grocery Market Overview:

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Size in 2023: USD 32.5 Billion

Market Size in 2032: USD 231.8 Billion

Market Growth Rate (CAGR) 2024-2032: 24.40%

According to IMARC Group's report titled " Japan Online Grocery Market Report and Forecast 2024-2032," the market reached USD 32.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 231.8 Billion by 2032, exhibiting a growth rate (CAGR) of 24.40% during 2024-2032 .

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Japan Online Grocery Market Trends and Drivers:

The advancing consumer behaviors as well as the rising utilization of e-commerce are the factors responsible for the growth of the Japan online grocery market. Additionally, the market is propelling as more consumers are turning to online platforms for their grocery needs. The convenience of home delivery, coupled with the ability to easily compare prices and products, has made online grocery shopping increasingly popular, particularly in urban areas. Moreover, major retailers and e-commerce giants have responded by expanding their online grocery offerings, enhancing delivery logistics, and improving user interfaces to attract and retain customers. The rise of mobile shopping apps and digital payment systems has also facilitated the growth of this market, making it easier for consumers to purchase groceries from their smartphones.

Another significant trend in the Japan online grocery market is the increasing focus on fresh and high-quality products. Consumers are known for their preference for fresh and premium-quality food, and this demand is being met by online grocery platforms that offer a wide range of fresh produce, seafood, and other perishable goods. Companies are investing in cold chain logistics and same-day delivery services to ensure that these products reach customers in optimal condition. Furthermore, the market is seeing a growing interest in organic and health-conscious products, which are now widely available online. Subscription services for regular delivery of essentials, meal kits, and specialty items are also gaining popularity, catering to the evolving preferences of health-conscious and time-strapped consumers, which is anticipated to drive the Japan online grocery market over the forecasted period.

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Japan Online Grocery Market Report Segmentation:

The report has segmented the market into the following categories:

Breakup By Product Type:

* Vegetables and Fruits
* Dairy Products
* Staples and Cooking Essentials
* Snacks
* Meat and Seafood
* Others

Breakup By Business Model:

* Pure Marketplace
* Hybrid Marketplace
* Others

Breakup By Platform:

* Web-Based
* App-Based

Breakup By Purchase Type:

* One-Time
* Subscription

Breakup By Region:

* Kanto Region
* Kansai/Kinki Region
* Central/ Chubu Region
* Kyushu-Okinawa Region
* Tohoku Region
* Chugoku Region
* Hokkaido Region
* Shikoku Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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Key highlights of the Report:

* Market Performance (2018-2023)
* Market Outlook (2024-2032)
* COVID-19 Impact on the Market
* Porter's Five Forces Analysis
* Strategic Recommendations
* Historical, Current and Future Market Trends
* Market Drivers and Success Factors
* SWOT Analysis
* Structure of the Market
* Value Chain Analysis
* Comprehensive Mapping of the Competitive Landscape

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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