Australia's rapid change in delivery logistics creates new opportunities and may create some unexpected impacts for sellers and buyers in the Australian food industry, Australian Food News reported.
IBISWorld estimated in its March 2015 report that Australia's online grocery sales industry will grow by 13.5 percent annually from year 2015 to 2020. Moreover, it was stated that delivery if product is a major area for potential growth with sales increasing.
Furthermore, some of Australia's largest supermarkets have corporate relationships within the delivery industry beyond grocery shopping in itself. To cite an example, parent company group Wesfarmers has expanded its subsidiary Officeworks in Aril 2015 with a logistics delivery service by MailMan in-store parcel delivery service. To recall, eBay previously announced in February 2015 a new partnership which has resulted in shoppers now being able to accept delivery of their online products from Woolworths.
eBay research revealed that one in five online shoppers in Australia buy online at least once a week but almost half are not allowed to receive deliveries at home. Moreover, it was found out that the online auction service found that 23 per cent of Australians have taken a holiday or worked from home just to receive an online delivery.
Half (49 per cent) re-direct personal online deliveries because they are at work while spent $16.4 billion on online retail in 2014.
Meanwhile, IBISWorld revealed online grocery sales in Australia between 2014 - 15 created AUD$2.0 billion in revenue. Too, it reported that online grocery profit in Australia between 2014 -15 amounted to AUD$79.9 million.
Australian Food News listed names of companies to know about, which include Australia Post (AusPost), DHL Express, Kogan, Pakman Parcel Box, Wesfarmers, and Woolworths and Ebay.
"Kogan.com is the largest online department store in Australia. It sells everything from electronics to groceries, all under the guidance of its young founder Ruslan Kogan," the report read. "The Wall Street Journal estimates the company was being worth over $400 million."
"Pakman Parcel Box is a secure mailbox which is large enough for most parcels to fit inside. Once registered and installed like a normal letter box, owners are instructed to provide the unit's passcode to delivery services so products can be safely delivered." To know more about the case study on Australian postal and parcel delivery's relevance to food and grocery industry, click here.
