India Quick Commerce Market Overview
According to SPER Market Research, the India Quick Commerce Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Rapid on-demand delivery is the model that powers q-commerce. By Q-Commerce, the advantages of e-commerce are merged with the traditional shopping experience to create a business model that efficiently satisfies rising customer demand through the facilitation of online purchasing. In essence, Fast Commerce is eCommerce with a clever last-mile delivery system. The quickness of delivery is the USP of quick commerce, setting it apart from conventional eCommerce. Consumer shopping behaviours have significantly changed as a result of the recent eCommerce business quantum leap. With the arrival of Q-Commerce and the shift in consumer behaviour, a billion-dollar sector is likely to emerge soon. Q-Commerce platforms offer a quicker shopping experience than conventional eCommerce. This results in simpler shopping processes, lighter carts, faster checkout, and an improved experience overall. Three elements make up the fast commerce business model: a mother or primary hub, distribution centres, and dark storefronts (commonly referred to as last-mile delivery stores).
The dark are more compact warehouses with a reduced capacity. These warehouses are more convenient for customers, allowing for quick order fulfilment. Following the placement of an order, the last-mile stores and distribution hubs will work together to plan delivery logistics. Higher shipping costs are associated with quick fulfilment. In these situations, Q-Commerce companies plan for the order fulfilment process using data-led estimating models. In its current condition, the Indian Q-commerce sector has tapped into niches for tiny, portable, and necessary product categories including food, stationery, small electronics, pet supplies, home and personal care products, etc. Although it is not necessary for all of these things to be delivered in under 30 minutes, businesses are emphasising that it is now a possibility and that they will go to great lengths to provide their customers with an amazing experience. The minimum delivery cost for speedy deliveries, on the other hand, is more acceptable to consumers because it saves them time and effort.
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Impact of COVID-19 on the India Quick Commerce Market
The global spread of the COVID-19 epidemic has altered how people see e-commerce and how they purchase goods and services. India has shifted towards e-commerce due to identical lockdown regulations throughout the country and consumers' increasing reluctance to go outside and purchase for necessities. Quick commerce saw continual growth after the introduction of COVID-19 and assimilated into a fast-paced lifestyle. Following the pandemic, on-demand delivery services and digital offerings were seen to be increasing in popularity among food and retail enterprises. As a result of this, a fast commerce industry may have the potential to develop. The emergence of Q-Commerce coincides with the introduction of COVID-19 in order to satisfy client wants and needs. Customers now demand a wider range of electronics, apparel, and personal goods that must be supplied quickly thanks to the availability of speedier delivery in a short amount of time.
The COVID-19 has been remarkably different from anything we have ever seen. It's safe to say that when the entire world was forced to shut down, e-commerce came to the rescue, allowing millions of consumers to stay at home and receive their desired goods at their doorstep. Customers have become more reliant on online purchasing, social media use, web communication and teleconferencing, and streaming of recordings and movies due to the need for social seclusion, lockdowns. Business-to-business (B2B) e-commerce has increased, and business-to-customer (B2C) sales have spiked as a result. Online sales of food, medical supplies, and other vital home essentials make the increase in B2C transactions particularly evident.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product Category, By Business Model, By Customer’s Gender, By Delivery Time, By Average Order Value.
|
| Regions covered | Metro & Tier I, Tier II and below.
|
| Companies Covered | BB Now, Blinkit, Dunzo, Flipkart Quick, Ola Dash, Swiggy Instamart, Zepto.
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Target Audience-
- Quick Commerce Companies
- E-commerce Companies
- E-Grocery Companies
- Logistics Companies
- Cold Chain Companies
- Investors & Venture Capitalists
India Quick Commerce Market Segmentation:
1. By Product Category:
- Beauty & Personal Care
- Fruits & Vegetables
- Packed food & Beverages
- Staples
- Others
2. By Business Model:
- Dark Store Platform
- Third Party Delivery Platform
3. By Customer’s Gender:
4. By Delivery Time:
- 0-20 Minute
- 20-40 Minute
- 40-60 Minute
- 60-75 Minute
5. By Average Order Value:
- < INR300
- INR 300 - INR 600
- INR 600 - INR 1,000
- INR 1000
6. By Region:
- Metro & Tier I
- Tier II and below
Key Topics Covered in the Report:
- India Quick Commerce Market Size (FY’2019-FY’2032)
- Overview of India Quick Commerce Market
- Segmentation of India Quick Commerce Market By Product Category (Beauty & Personal Care, Fruits & Vegetables, Packed food & Beverages, Staples, Others)
- Segmentation of India Quick Commerce Market By Business Model (Dark Store Platform, Third Party Delivery Platform)
- Segmentation of India Quick Commerce Market By Customer’s Gender (Female, Male)
- Segmentation of India Quick Commerce Market By Delivery Time (0-20 Minute, 20-40 Minute, 40-60 Minute, 60-75 Minute)
- Segmentation of India Quick Commerce Market By Average Order Value (< INR300, INR 300 - INR 600, INR 600 - INR 1,000, INR 1000)
- Statistical Snap of India Quick Commerce Market
- Growth Analysis of India Quick Commerce Market
- Problems and Challenges in India Quick Commerce Market
- Competitive Landscape in the India Quick Commerce Market
- Impact of COVID-19 and Demonetization on India Quick Commerce Market
- Details on Recent Investment in India Quick Commerce Market
- Competitive Analysis of India Quick Commerce Market
- Key Players in the India Quick Commerce Market
- SWOT Analysis of India Quick Commerce Market
- India Quick Commerce Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the India Quick Commerce Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 India Quick Commerce Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Quick Commerce Market
7. India Quick Commerce Market, By Product Category, 2019-2032 (USD Million)
7.1 Beauty & Personal Care
7.2 Fruits & Vegetables
7.3 Packed food & Beverages
7.4 Staples
7.5 Others
8. India Quick Commerce Market, By Business Model, 2019-2032 (USD Million)
8.1 Dark Store Platform
8.2 Third Party Delivery Platform
9. India Quick Commerce Market, By Customer’s Gender, 2019-2032 (USD Million)
9.1 Female
9.2 Male
10. India Quick Commerce Market, By Delivery Time, 2019-2032 (USD Million)
10.1 0-20 Minute
10.2 20-40 Minute
10.3 40-60 Minute
10.4 60-75 Minute
11. India Quick Commerce Market, By Average Order Value, 2019-2032 (USD Million)
11.1 < INR300
11.2 INR 300 - INR 600
11.3 INR 600 - INR 1,000
11.4 INR 1000
12. India Quick Commerce Market, By Region, 2019-2032 (USD Million)
12.1 India Quick Commerce Market Size and Market Share by Region (2019-2025)
12.2 India Quick Commerce Market Size and Market Share by Region (2026-2032)
12.3 Metro & Tier I
12.4 Tier II and below
13. Company Profiles
13.1 BB Now
13.1.1 Company details
13.1.2 Financial outlook
13.1.3 Product summary
13.1.4 Recent developments
13.2 Blinkit
13.2.1 Company details
13.2.2 Financial outlook
13.2.3 Product summary
13.2.4 Recent developments
13.3 Dunzo
13.3.1 Company details
13.3.2 Financial outlook
13.3.3 Product summary
13.3.4 Recent developments
13.4 Flipkart Quick
13.4.1 Company details
13.4.2 Financial outlook
13.4.3 Product summary
13.4.4 Recent developments
13.5 Ola Dash
13.5.1 Company details
13.5.2 Financial outlook
13.5.3 Product summary
13.5.4 Recent developments
13.6 Swiggy Instamart
13.6.1 Company details
13.6.2 Financial outlook
13.6.3 Product summary
13.6.4 Recent developments
13.7 Zepto
13.7.1 Company details
13.7.2 Financial outlook
13.7.3 Product summary
13.7.4 Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
