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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