On-demand delivery services have come to the fore. They make the parcel delivery app a basic necessity to ensure absolute logistics in the minimum time. According to Statista , global parcel shipping is projected to reach 256 billion parcels within five years, a market growing at an 8.5% CAGR. As you can see, there is an excellent chance to grasp this increasing market share.
The food delivery industry is relatively young, just coming of age, one could say. The first online menus appeared 20 years ago and have made a journey to mobile apps that provide their delivery services.
In today's fast-paced world, convenience is king. Nothing exemplifies this more than the booming demand for delivery applications. According to a report by Statista , the global online food delivery market is expected to reach US$1.92 trillion in 2029, with a compound annual growth rate of 9.49% from 2024 to 2029.
Every business sector is now being impacted by digitization. Not excluded from its scope is the food delivery industry. Globally, online food delivery apps have grown in popularity over the past 20 years.
Nowadays, the demand for reliable courier delivery services is at an all-time high. With the rise of e-commerce and the increasing need for timely deliveries, having a well-designed and feature-rich delivery app is essential for businesses to stay competitive.
The traditional way of delivering food has been completely revolutionized by on-demand food delivery services. On-demand delivery food services can be a win-win solution for startuppers.
