According to MarkNtel Advisors study the India Quick Commerce Market is projected to grow at a CAGR of around 67% during the forecast period, i.e., 2023-28.

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Key Findings of the Study: India Quick Commerce market

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.

For more detailed information about the India Quick Commerce market report, click here – https://www.marknteladvisors.com/research-library/india-quick-commerce-market.html

Scope of the Report and India Quick Commerce Market Segmentation:

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.

India Quick Commerce Market Competitive Landscape

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

India Quick Commerce Market Development:

  • In 2021, Blinkit has announced to set up 300 partner stores to enable its 10 minutes, grocery delivery in areas where it was not able to deliver the day-to-day essentials in 10 minutes.
  • In2021, Swiggy announced to invest around USD700 million in express grocery delivery service Instamart so as to intensify the competition in the fast-moving quick commerce space in India.

Geographical Analysis:

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. 

 Note: If you require specific information not covered in the current report, we can provide it through customized option

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