The global quick commerce market is expected to grow with a CAGR of 22.2% from 2025 to 2031. The major drivers for this market are the increasing demand for instant grocery delivery, the rising adoption of mobile shopping platforms, and the growing urban population with busy lifestyles.
The future of the global quick commerce market looks promising with opportunities in the application based operation, website based operation, and hybrid operation markets.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
The future of the global quick commerce market looks promising with opportunities in the application based operation, website based operation, and hybrid operation markets.
- Within the product category, food & grocery is expected to witness the highest growth over the forecast period.
- Within the technology category, hybrid operation is expected to witness the highest growth.
- In terms of region, APAC is expected to witness the highest growth over the forecast period.
Emerging Trends in the Quick Commerce Market
The quick commerce market is dynamic, with emerging trends aimed at enhancing speed, convenience, and profitability. These trends reflect the evolving consumer expectations for instant gratification and the industry's efforts to build sustainable business models.- Expansion Beyond Groceries: Q-commerce platforms are increasingly diversifying their offerings beyond groceries to include prepared meals, pharmacy items, electronics, and even fashion. This broadens their addressable market and caters to a wider range of immediate consumer needs.
- Dark Store Optimization and Automation: Companies are focusing on optimizing their network of dark stores (urban fulfillment centers) through automation and AI-powered inventory management. This aims to improve delivery speed, reduce operational costs, and enhance order accuracy.
- Integration with Existing Retailers: Strategic partnerships between q-commerce players and traditional brick-and-mortar retailers (supermarkets, pharmacies) are becoming more common. This leverages the retailers' established supply chains and brand recognition while providing q-commerce platforms with wider product selections.
- Focus on Sustainability: There's a growing emphasis on sustainable delivery practices, including the use of electric vehicles, bicycles, and optimized routing to reduce environmental impact. This resonates with environmentally conscious consumers and can improve operational efficiency.
- Enhanced Customer Experience through Personalization: Q-commerce platforms are leveraging data analytics and AI to personalize the shopping experience, offering tailored product recommendations, promotions, and faster checkout processes to increase customer loyalty.
Recent Developments in the Quick Commerce Market
The quick commerce market continues to evolve rapidly, marked by strategic moves from key players to capture market share and improve operational efficiency in the race for ultrafast delivery.- Increased Focus on Profitability: Following a period of rapid expansion, many q-commerce companies are now prioritizing profitability through measures like optimizing delivery routes, increasing order values, and adjusting service fees. This shift indicates a maturing market.
- Strategic Partnerships and Acquisitions: The market has seen strategic collaborations and acquisitions aimed at consolidating market presence and leveraging synergies in logistics and customer base. This can lead to more integrated and competitive offerings.
- Expansion into Tier-II and Tier-III Cities: Some players are now expanding their q-commerce services beyond major metropolitan areas to tap into the growing demand in smaller cities, requiring adaptations to logistics and product assortment.
- Integration of Value-Added Services: Q-commerce platforms are increasingly offering additional services like quick restaurant delivery or partnerships with local businesses to provide a broader range of instantly available goods and services.
- Experimentation with Autonomous Delivery: While still in early stages, some companies are experimenting with the use of drones and robots for last-mile delivery to further reduce delivery times and costs in specific urban environments.
Strategic Growth Opportunities in the Quick Commerce Market
The inherent demand for speed and convenience in modern urban living presents significant strategic growth opportunities for the quick commerce market across various consumer needs.- Instant Grocery and Essentials: The core of q-commerce, providing rapid delivery of groceries, household items, and personal care products, continues to offer substantial growth, especially by expanding product variety and geographic coverage.
- On-Demand Prepared Meals and Beverages: Leveraging the speed of q-commerce for the ultrafast delivery of restaurant meals, coffee, and other prepared foods caters to immediate consumption needs and can attract a high-frequency customer base.
- Rapid Delivery of Pharmacy and Healthcare Products: Providing quick access to over-the-counter medications, personal health items, and even prescription refills offers a valuable service, particularly in urgent situations, and represents a significant growth area.
- Fast Delivery of Electronics and Small Retail Goods: Expanding into the rapid delivery of small electronics, books, stationery, and other retail items caters to immediate purchase needs beyond daily essentials and broadens the market scope.
- Hyperlocal Delivery for Small Businesses: Partnering with local businesses (e.g., bakeries, florists, independent retailers) to offer quick delivery of their products can tap into a unique market segment and support local economies.
Quick Commerce Market Drivers and Challenges
The quick commerce market is propelled by the increasing demand for convenience and speed in urban environments, but it also faces significant challenges related to operational efficiency and profitability.The factors responsible for driving the quick commerce market include:
- 1. Increasing Urbanization: The growing concentration of populations in cities creates a large base of consumers who value time and convenience, making them ideal targets for q-commerce services.
- 2. Demand for Instant Gratification: Modern consumer behavior increasingly leans towards immediate fulfillment of needs, which q-commerce directly addresses, driving its adoption.
- 3. Advancements in Logistics Technology: Innovations in route optimization, real-time tracking, and efficient warehousing enable q-commerce players to offer fast and reliable delivery services.
- 4. Growth of E-commerce and Online Shopping: The broader acceptance of online purchasing habits paves the way for consumers to embrace ultrafast delivery for a wider range of goods.
- 5. Changing Lifestyles and Time Scarcity: Busy lifestyles and a lack of time for traditional shopping further fuel the demand for convenient and rapid delivery options like q-commerce.
Challenges in the quick commerce market are:
- 1. Achieving Profitability: The high costs associated with ultrafast delivery, including logistics, warehousing, and labor, make it challenging for q-commerce companies to achieve sustainable profitability.
- 2. Intense Competition: The q-commerce market is often characterized by intense competition, requiring significant investment in marketing and promotions to attract and retain customers.
- 3. Logistical Complexities: Ensuring timely delivery within very short timeframes requires sophisticated and efficient logistics networks, which can be complex and expensive to set up and maintain.
List of Quick Commerce Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies quick commerce companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.Some of the quick commerce companies profiled in this report include:
- Swiggy
- Dunzo
- Blink Commerce Private Limited
- Supermarket Grocery Supplies
- KiranaKart Technologies Private Limited
- Getir
- Flink
- Yemece
- Quickcommerce
- Delivery Hero
Quick Commerce Market by Segment
The study includes a forecast for the global quick commerce market by product, payment, technology, and region.Product [Value from 2019 to 2031]:
- Food & Groceries
- Stationary
- Personal Care Items
- Medicines
- Small Electronics & Accessories
- Clothing
- Household Products
- Others
Payment [Value from 2019 to 2031]:
- Cash On Delivery
- Online
- Others
Region [Value from 2019 to 2031]:
- North America
- Europe
- Asia-Pacific
- The Rest of the World
Country Wise Outlook for the Quick Commerce Market
The quick commerce market, focused on ultrafast delivery of groceries and other essentials, has seen rapid evolution globally. Recent developments involve market consolidation, expansion into new categories, and the integration of advanced technologies to enhance efficiency and customer experience in this competitive landscape.- United States: The US q-commerce market has witnessed some consolidation, with players like Gopuff adjusting their strategies towards profitability. There's a growing emphasis on partnerships with traditional retailers and expansion into prepared meals and local businesses to broaden offerings and customer reach in urban centers.
- China: China's q-commerce sector remains highly competitive, with established players like Meituan and Alibaba's Ele.me continuing to innovate in delivery infrastructure and expand service areas beyond major cities. The focus is on leveraging their existing logistics networks and integrating q-commerce with broader e-commerce ecosystems.
- Germany: The German market is characterized by a mix of global players and local startups vying for market share. Recent developments include expansions into smaller cities and a growing focus on sustainability in delivery operations, alongside partnerships with local supermarkets to enhance product variety.
- India: India's q-commerce market is experiencing rapid growth, with intense competition among players like Zepto, Blinkit (Zomato), and Dunzo. Recent developments include aggressive expansion into more cities, a focus on instant grocery and essentials delivery, and experiments with drone delivery in select areas.
- Japan: Japan's q-commerce market is evolving more cautiously, with a focus on integrating ultrafast delivery with existing convenience store and supermarket networks. Developments include partnerships between q-commerce platforms and traditional retailers to leverage established supply chains and customer bases, particularly in densely populated urban areas.
Features of this Global Quick Commerce Market Report
- Market Size Estimates: Quick commerce market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
- Segmentation Analysis: Quick commerce market size by product, payment, technology, and region in terms of value ($B).
- Regional Analysis: Quick commerce market breakdown by North America, Europe, Asia-Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different products, payments, technologies, and regions for the quick commerce market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the quick commerce market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the quick commerce market by product (food & groceries, stationary, personal care items, medicines, small electronics & accessories, clothing, household products, and others), payment (cash on delivery, online, and others), technology (application based operation, website based operation, hybrid operation, and others), and region (North America, Europe, Asia-Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Market Overview
3. Market Trends & Forecast Analysis
4. Global Quick Commerce Market by Product
5. Global Quick Commerce Market by Payment
6. Global Quick Commerce Market by Technology
7. Regional Analysis
8. North American Quick Commerce Market
9. European Quick Commerce Market
10. APAC Quick Commerce Market
11. RoW Quick Commerce Market
12. Competitor Analysis
13. Opportunities & Strategic Analysis
14. Company Profiles of the Leading Players Across the Value Chain
15. Appendix
List of Figures
List of Tables
Companies Mentioned
The companies profiled in this Quick Commerce market report include:- Swiggy
- Dunzo
- Blink Commerce Private Limited
- Supermarket Grocery Supplies
- KiranaKart Technologies Private Limited
- Getir
- Flink
- Yemece
- Quickcommerce
- Delivery Hero
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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