India Quick Commerce Market Recent Trends, In-Depth Analysis, Industry Share, Size and Forecast 2023 To 2028
Market Insights and Analysis: India Quick Commerce Market Overview and Projections (2023-2028)
The India Quick Commerce Market is projected to grow at a CAGR of around 67% during the forecast period, i.e., 2023-28. In India, the Quick Commerce market has shown significant growth, as it provides a faster shopping experience than any other e-commerce platform. The factors contributing to the high adoption of the Quick Commerce platform are its fast speed & convenient delivery options enabling customers to purchase day-to-day essentials through the quick commerce platform.
Top leading companies in the India Quick Commerce Market includes:
Swiggy Instamart, Zepto, Blinkit, Dunzo Daily, Ola Dash, BB Now, Flipkart Quick, Amazon Fresh Store, JioMart Express, ZopNow, Others.
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.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Product Type
-Grocery
-Snacks & Beverages
-Bath & Beauty
-Baby Essentials
-Home Care
-Others (Pets, Office Supplies, Healthcare, Alcohol, etc.).
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India Quick Commerce Market Geographic Reach:
The Geographic Reach of the India Quick Commerce Market evaluates the spread and significance of India Quick Commerce market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North, East, West, South.
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