India Quick Commerce Market

India Quick Commerce Market to Witness 67% CAGR Boom Through 2023-28

India Quick Commerce Market Research Report Scope (FY23-28)

MarkNtel Advisors has released a market research report on the India Quick Commerce Market covering the forecast period of 2023-28. The research segment utilizes efficient methodologies to provide insights into sales and revenue forecasts spanning from 2023 to 2028, enhancing user understanding and enabling well-informed decision-making. By utilizing both qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges.

India Quick Commerce Market Insights:

The India Quick Commerce Market is expected to witness a CAGR of 67% from 2023 to 2028. The valuation of the market reached USD XX

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India Quick Commerce Market (FY23-28): Market Dynamics

Key Driver: Growing Need for Instant Delivery to Drive the Market

Quick commerce is emerging as one of the fastest-growing e-commerce platforms serving the need for convenience & speedy delivery among customers. The instant delivery service, i.e., 10-30 minutes for unplanned orders, is attracting mid to high-level income customers to replace their conventional way of purchasing groceries with an instant delivery platform.

Moreover, the pandemic led consumers to change their purchasing behavior & increased the inclination of the population toward the online platform, giving more importance to speed & comfort. Therefore, all these factors are driving the growth of quick commerce to expand among different segments & cities of India.

India Quick Commerce Market Segmentation Analysis

A thorough examination of the India Quick Commerce Market is presented in our research report, accurately delving into key market segments:

By Product Type

-Grocery

-Snacks & Beverages

-Bath & Beauty

-Baby Essentials

-Home Care

-Others (Pets, Office Supplies, Healthcare, Alcohol, etc.)

Of them, Snacks & Beverages has been holding a significant share in the India Quick Commerce (Q-commerce) market since 2020, in line with the growing consumption of carbonated drinks, juices, baked biscuits, fried potato chips, etc., among the working professionals, youth, and other age groups.

By Regions

-North

-East

-West

-South

Based on the region, the Southern part of India captured the major market share in the India Quick Commerce market.

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India Quick Commerce Market (FY23-28): Competitive Outlook

-Swiggy Instamart

-Zepto

-Blinkit

-Dunzo Daily

-Ola Dash

-BB Now

-Flipkart Quick

-Amazon Fresh Store

-JioMart Express

-ZopNow

-Others

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About Us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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