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
December 2020
93
About the Report
About the Report
The report 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" provides a comprehensive analysis of the Commercial Two Wheeler Market in India across various financial and operational parameters including Fleet Size, Number of Drivers, Fleet Management Model, Payouts, Number of Orders/Shipments and others. The report covers various aspects including the current scenario of Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce & Courier Delivery Market in India.
It also provides a detailed analysis of the impact of COVID-19 on the market and a detailed explanation of the competitive scenario including cross-comparison between major players, SWOT concluding with future scope and analyst recommendations.
Market Overview: India Commercial Two Wheeler Market
India Commercial Two-Wheeler Market is currently positioned to be in the growth stage with companies reducing dependence on personal vehicles and expanding partnerships with delivery agents, third-party logistics companies, and maintaining an in-house fleet to conduct day-to-day business operations.
Commercial Two Wheelers are primarily deployed in Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce, and Courier Delivery Segment.
The majority of the commercial two wheelers are deployed in Tier I cities namely Delhi NCR, Bengaluru, Hyderabad, Mumbai, and Others. The bike is the more preferred mode of transport as compared to scooty as it offers better mileage. Bikes between 100-120 CC are preferred by delivery agents for commercial purposes.
Market Segmentation by Region (Delhi NCR, Bengaluru, Hyderabad, Mumbai, Chennai, Kolkata, and others)
Majority of the commercial two-wheelers are deployed in Tier I cities owing to the high demand for e-commerce, food delivery, grocery delivery, and bike taxi services in the region.
Market Overview: Grocery Delivery Market
Majority of the market is dominated by the unorganized fleet. Unorganized Players do not have a designated fleet for grocery delivery and used their personal vehicles for fulfilling customer orders. Online Grocery delivery companies partner with delivery agents, logistics companies, and rental companies for last-mile delivery. Pune, Chandigarh, Kanpur, Ahmedabad, Allahabad, Bareilly have been considered as emerging regions for the same. The average age of vehicles deployed in Grocery Delivery is 4-5 Years. Major Players operating in the market are Big Basket, Amazon (Pantry and Fresh), Grofers, Spencers, Big Bazaar, and Others.
Market Overview: Food Delivery Market
The food Delivery industry transitioned with the introduction of Zomato and Swiggy. Companies maintain in-house fleet & partners with delivery agents, logistics companies, and rental companies for last-mile delivery. Delivery Agents are paid between INR 15,000- 16,000 per month if they work on a fixed monthly salary basis. Partnerships with delivery agents are not exclusive in nature. A delivery agent could work with multiple companies at the same time. The introduction of drones is expected to reduce dependence on human labor for last-mile delivery.
Market Overview: Bike Taxi Market
Ola, Uber and Rapido are the major players capturing the majority share in India's Bike Taxi Market. Companies partner with delivery agents who use their personal vehicles to fulfill customer orders. Major vehicle models deployed in Bike Taxi Market are Hero Splendor, Bajaj Platina, Hero Passion, Honda Activa and others.
Market Overview: E-Commerce and Courier Delivery Market
More than 90% of the vehicles deployed in the E-Commerce & Courier Delivery Market belong to delivery agents. Initially, companies partnered with logistics companies for last-mile delivery. With the influx of huge orders, the company started their in-house logistics segments to fulfill customer orders. Major players operating in the industry are Xpressbees, DTDC, Gati, E Kart, ATS and Bluedart.
Future Outlook and Projection
Commercial Two Wheeler Fleet Deployed in India is expected to increase at a CAGR of 21.8% between FY’2020 and FY’2025. Companies are anticipated to increase fleet deployed in Grocery Delivery, Food Delivery, Bike Taxi and E-Commerce Delivery Market owing to the expected rise in demand of services. Companies are also expected to increase partnership with electric vehicle manufacturers for last-mile delivery.
Key Segments Covered:
By Market Structure
- Organized Market
- Unorganized Market
By Regions
- Delhi NCR
- Bengaluru
- Hyderabad
- Mumbai
- Chennai
- Kolkata
- 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
- Bikes
- Scooter & Scooty
By End-User Industry
- Grocery Delivery Market
- Food Delivery Market
- Bike Taxi Market
- E-Commerce and Courier Delivery Market
Companies Covered
- Big Basket
- Amazon (Pantry and Fresh)
- Grofers
- Spencers
- Big Bazaar
- MilkBasket
- Dunzo
- Swiggy
- Zomato
- Box8
- FreshMenu
- Rebel Foods
- Dominos
- Rapido
- Ola
- Uber
- Xpressbees
- DTDC
- Gati
- E Kart
- ATS
- Bluedart
- Ecom Express
- Shadowfax
- Delhivery
- Lalamove
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
- Industry Associations
- Regulatory Bodies
Time Period Captured in the Report:-
- Historical Period: FY’2014-FY’2020
- Forecast Period: FY’2020-FY’2025
Key Topics Covered in the Report:-
- Payout Mechanism of Delivery Agents
- Impact of COVID-19 on Grocery Delivery, Food Delivery, Bike Taxi, E-Commerce & Courier Delivery Market
- Journey of a Delivery Agent with an Aggregator Platform
- Working Model in Bike Taxi, Grocery Delivery, Food Delivery, and E-Commerce Market
- Vehicle Sourcing Methods in Commercial Two Wheeler Market
- Anticipated Growth in Grocery Delivery, Bike Taxi, Food Delivery, and E-Commerce Delivery Market
Products
Products
Key Segments Covered:
By Market Structure
- Organized Market
- Unorganized Market
By Regions
- Delhi NCR
- Bengaluru
- Hyderabad
- Mumbai
- Chennai
- Kolkata
- 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
- Bikes
- Scooter & Scooty
By End User Industry
- Grocery Delivery Market
- Food Delivery Market
- Bike Taxi Market
- E Commerce and Courier Delivery Market
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
- Industry Associations
- Regulatory Bodies
Time Period Captured in the Report:-
- Historical Period: FY’2014-FY’2020
- Forecast Period: FY’2020-FY’2025
Companies
Companies Covered
- Big Basket
- Amazon (Pantry and Fresh)
- Grofers
- Spencers
- Big Bazaar
- MilkBasket
- Dunzo
- Swiggy
- Zomato
- Box8
- FreshMenu
- Rebel Foods
- Dominos
- Rapido
- Ola
- Uber
- Xpressbees
- DTDC
- Gati
- E Kart
- ATS
- Bluedart
- Ecom Express
- Shadowfax
- Delhivery
- Lalamove
Table of Contents
Table of Contents
1. India Commercial Two Wheeler Market: Executive Summary
1.1 Flow Chart, FY’2020
1.2Flow Chart, FY’2025
1.3Executive Summary
2. India Commercial Two Wheeler Market Overview, FY’2014-FY’2020
2.1 Ecosystem: India Commercial Two Wheeler Market
2.2 Vehicle Sourcing Methods
2.3 Journey of a Delivery Agent in India Commercial Two Wheeler Market
2.4 India Two Wheeler Commercial Vehicle Market Size basis Fleet , FY’2014-FY’2020
2.5 India Two Wheeler Commercial Vehicle Market Segmentation by Region, FY’2020
3. India Grocery Delivery Market Overview
3.1 Industry Life Cycle: India Grocery Delivery Market
3.2 India Two Wheeler Commercial Vehicle Market Size basis Fleet, FY’2014-FY’2020
3.3 Market Segmentation by Market Structure, Vehicle Ownership, Region
3.4 Commercial Two Wheeler Market (Grocery Delivery): Methodology
3.5 Cross Comparison between Major Players on the basis of Founding Year, Business Model, Fleet Size, Fleet Management Model, Number of Orders Fulfilled, Number of Stores/ Fulfillment Centres, Vehicle Preference, Age of Vehicle and Payouts
3.6 India Two Wheeler Commercial Vehicle Future Market Size basis Fleet , FY’2020-FY’2025
3.7 India Two Wheeler Commercial Vehicle Future Market Segmentation by Region, Vehicle Ownership, Market Structure and Vehicle Type, FY’2020 and FY’2025
4. India Food Delivery Market Overview
4.1 Industry Life Cycle: India Food Delivery Market
4.2 Payout and Incentive Mechanism in India Food Delivery Market
4.3 Cross Comparison between Different Models of Fleet Ownership on the basis of (% Share , Fleet Size, Business Model, Payouts, Vehicle Maintenance and Companies)
4.4 Commercial Two Wheeler Market (Food Delivery): Methodology
4.5 India Two Wheeler Commercial Vehicle Market Size basis Fleet, FY’2014-FY’2020
4.6 Market Segmentation by Market Structure, Region and Vehicle , FY’2020 and FY’2025
4.7 Cross Comparison between Major Players on the basis of (Founding Year, Fleet Ownership Model, Fleet Size, Nature of Entity, % of Orders fulfilled through Aggregator Platforms , Number of Stores, Cloud Kitchens, Annual Orders, Regional Presence, Emerging Regions, Age of Vehicle, Type of Vehicle Preferred and Payouts to Delivery Agents)
4.8 India Two Wheeler Commercial Vehicle Future Market Size basis Fleet , FY’2020-FY’2025
4.9 India Two Wheeler Commercial Vehicle Future Market Segmentation by Region, Vehicle Ownership, Market Structure and Vehicle Type, FY’2020 and FY’2025
5. India Bike Taxi Market Overview
5.1 Industry Life Cycle: India Bike Taxi Market
5.2 Gaps in the Market that led to Introduction of Bike Taxi Service
5.3 Working Model in India Commercial Two Wheeler Market
5.4 Commercial Two Wheeler Market (Bike Taxi): Methodology
5.5 India Two Wheeler Commercial Vehicle Market Size basis Fleet, FY’2017-FY’2020
5.6 Market Segmentation By Ownership, Vehicle Type and Region
5.7 Cross Comparison between Major Players basis Founding Year, Fleet Size, Fleet Ownership, Areas of Operation, Major Revenue Generating Cities, Age of Vehicle and Vehicles Deployed, FY’2020
5.8 India Two Wheeler Commercial Vehicle Future Market Size basis Fleet , FY’2020-FY’2025
5.9 India Two Wheeler Commercial Vehicle Future Market Segmentation By Ownership and Region, FY’2020 & FY’2025
6. India E Commerce Delivery Market Overview
6.1 Industry Life Cycle: India E Commerce & Courier Delivery Market
6.2 Commercial Two Wheeler Market (E Commerce Delivery): Methodology
6.3 India Two Wheeler Commercial Vehicle Market Size basis Fleet , FY’2014-FY’2020
6.4 Market Segmentation by Vehicle Ownership and Region, FY’2020
6.5Cross Comparison between Major Players on the basis of Annual Shipments, Pin codes Served, Hubs / Fulfillment centres, Delivery Agents, Number of Clients, Clientele, Age of Vehicle, Vehicle Preferred and Vehicle Model Preferred
6.6 India Two Wheeler Commercial Vehicle Future Market Size basis Fleet , FY’2020-FY’2025
6.7 India Two Wheeler Commercial Vehicle Future Market Segmentation by Region, Vehicle Ownership, and Vehicle Type, FY’2020 and FY’2025
7. India Commercial Two Wheeler Market: Industry Analysis
7.1 Challenges In India Commercial Two Wheeler Market
7.2 SWOT Analysis of India Commercial Two Wheeler Market
8. Delivery Agent Survey Analysis
9. India Commercial Two Wheeler Future Market Outlook and Projections
9.1 Future Market Size, FY’2020-FY’2025
9.2 Future Market Segmentation, FY’2020 and FY’2025
9.3 Anticipated Growth in Grocery Delivery, Bike Taxi, Food Delivery and E Commerce Delivery Market
10. India Commercial Two Wheeler Market: COVID-19 Impact and Analysis
11. India Commercial Two Wheeler Market: Analyst Recommendations
12. Appendix
Research Methodology
Disclaimer
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