In two recently released reports by intelligence houses Reports and Data, and Zion Market Research, the global supplement markets will reach above USD 200 Billion in the next 3-5 years. According to the current analysis of Reports and Data, the industry is valued at USD 124.8 Billion in 2018 and is expected to reach USD 210.3 Billion by year 2026, while Zion Market Research analysed that the industry will reach USD 220.3 Billion in 2024.
The compound annual growth rate (CAGR) for Asia Pacific Market is expected to grow the highest at 9.2%, with China and India propelling the market growth. This growth phenomenon is fuelled by the wide adoption of e-and m-commerce platforms as sales channels, amongst other factors like an ageing world population; rising awareness of nutrition and preventive care versus expensive healthcare; increased disposable income; as well as making good health a lifestyle.
This is good news for e-merchants in the nutraceutical business, as growth potential and opportunities are aplenty. However, growth and opportunities can be jeopardised if you overlook on details about the storage and distribution processes as that would mar your consumers’ experience with you.
There have been cases of lost shipments, improperly stored health supplements and bad packaging that resulted in spoilt goods by fulfillment companies. Poor fulfillment services can bring about declining sales and trust in your brand and products. Therefore finding a good delivery and fulfillment partner is important, especially since your business is about delivering good health.
So what are some of the factors you need to consider when selecting a reliable fulfillment partner?
- Clean, Temperature-Controlled and Secured Warehousing Facility
- Proper Packing and Ability to Track Inventory Movement
- Delivery The Supplements in Good Condition to Satisfied Customers
As one of Singapore’s most established delivery and courier companies in Singapore, XDel has a full suite of courier and e-commerce delivery services to meet your needs for domestic and international deliveries.
We have fully air-conditioned warehousing facility, and locked storage containers so that supplements are kept fresh and tampered-free. The warehouse is also installed with 24/7 surveillance cameras for added security.
We help our clients sourced for the most economic and suitable packaging for shipping their products out, and a team of dedicated packers to ensure every order is packed to reach your customers intact and untampered.
XDel also provides automated inventory tracking of your goods so that you know what products are selling well and when you need to replenish the inventory. Besides tracking of inventory, XDel’s delivery technology also enable you and your customer to track the orders and delivery movements, be it in Singapore or overseas. We also have a team of friendly customer services agents to take calls and enquiries from customers who prefer the human touch.
If you have a delivery need, be it courier service or eCommerce delivery fulfilment, speak to us today and let us help you. At XDel, we make ‘Delivering Simplicity’ our business.