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Rising income to boost food, groceries delivery in PH

INCOME GROWTH. The rise of disposable income in the country is expected to further boost growth of food and groceries delivery. This, along with an increasing number of people living in urban areas, a larger number of people using smartphones, and developed logistics can further boost e-commerce. (PNA file photo) MANILA - Food and groceries delivery is expected to grow further even if movement restrictions have been eased as disposable income and urbanization in the Philippines are projected to sustain their expansion. In a report dated July 28, Fitch Solutions Country Risk and Industry Research said delivery services, particularly for basic necessities, grew exponentially during the pandemic after government lockdowns to address the spread of the coronavirus disease 2019 (Covid-19). This made retailers adopt delivery options among their offerings to remain competitive, it said. "We believe that these dynamics have been key to the development of the sector in Asia, without which,

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