Exploring the India Quick Commerce Market: Insights, Key Drivers, and Major Players

Introduction to the India Quick Commerce Market

Quick Commerce (Q-Commerce) is the next generation of e-commerce that brings small quantities of goods to customers instantly, whenever & wherever required by covering companies that provide speedy deliveries of daily items. The major factors contributing to the growth of the Quick Commerce market include changing lifestyles, growing urbanization, shifting consumer behavior, and rising consciousness towards the spread of viruses & other infections, thereby escalating the market share of Quick Commerce in recent years.

India Quick Commerce Key market insights include:

Market Size and Growth: The India Quick Commerce Market is projected to grow at a CAGR of around 67% during the forecast period, i.e., 2023-28.

Regional Analysis: North, East, West, South

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What is driving the growth of the  India Quick Commerce market?

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.

Market Segmentation

The India Quick Commerce Market can be segmented based on several criteria, including:

 By Product Type

-Grocery

-Snacks & Beverages

-Bath & Beauty

-Baby Essentials

-Home Care

-Others

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Key Players in the India Quick Commerce Market

The India Quick Commerce Market is highly competitive, with several key players dominating the landscape. These companies are investing heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers. Some of the prominent players in the India Quick Commerce Market include:

• Swiggy Instamart
• Zepto
• Blinkit
• Dunzo Daily
• Ola Dash
• BB Now
• Flipkart Quick
• Amazon Fresh Store
• JioMart Express
• ZopNow

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Questions Addressed in this Study

1.What factors are driving the India Quick Commerce Market growth?

2.How is the India Quick Commerce Market expected to grow over the next five years?

3.What are the key insights into the current trends in the India Quick Commerce Market?

4.What is the current size of the India Quick Commerce Market, and how is it projected to change in the future?

6.What is the future outlook for the India Quick Commerce Market in terms of technological advancements and market expansion?

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