CHINA / ODD
Forgetfulness creates a grand market for running errands
Published: Sep 05, 2022 05:34 PM
Forgetfulness creates a grand market for running errands. Screenshot of btime.com

Forgetfulness creates a grand market for running errands. Screenshot of btime.com

Have you ever forgotten anything at the beginning of the semester when you were a student?

Recently, an insight report shows that the market size of China's errand running economy is expected to exceed 60 billion yuan ($86.5 billion) in 2025, among which nearly 40 percent of consumers have used errand running because they forgot to bring items, and people's "forgetting" is giving rise to a large-scale market.The emergence of errand service is closely related to the development of instant logistics. The report said that when consumers are unable to go out or want to save time, there is a demand for in-city delivery and purchase. 

Although the instant logistics developed rapidly based on the scene of food delivery, its service scope has gradually expanded to retail products such as supermarket, articles of daily use and medicine, and further expanded to non-standardized services. 

With the continuous expansion of the errand running market and the growing demand in small and medium-sized cities, errand running services will enter more people's daily life.