India Quick Commerce Market Introduction and 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%.
The report includes an in-depth analysis of the India Quick Commerce Market, including market size and trends, product mix, distribution channels, and supplier analysis. Q-Commerce is a business model based on on-demand delivery. Q-Commerce combines the benefits of e-commerce with the traditional shopping experience, resulting in a business model that effectively meets increasing customer demand through the facilitation of online purchasing.
- Swiggy bought USD 700 million in Instamart in December 2021 in order to compete in the 15-minute delivery race. With this investment, the company will establish a network of dark stores near clients. Swiggy Instamart claims to serve 1 million weekly orders across 18 cities.
- TATA Group got cleared by CCI to purchase a majority stake in BigBasket in March 2021. Tata Digital (a Tata Group company) is scheduled to purchase a 64.3% share in Bigbasket in a USD 1.2 billion transaction. Tata Group hopes to establish a strong footprint in the Indian digital commerce market with this acquisition.
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Market Opportunities and Challenges
India Quick Commerce market offers both large market possibilities and significant market challenges. In terms of opportunities, Quick on-demand delivery is the model of Q-Commerce. Through Q-Commerce, the advantages of e-commerce are merged with the traditional shopping experience to create a business model that effectively satisfies growing customer demand by enabling online purchasing. The Indian quick commerce market offers both an opportunity and challenges. On the opportunity front, India's quick commerce sector has seen spectacular growth as a result of factors such as rising internet penetration, a growing middle class, and shifting customer expectations for quick and efficient shopping experiences. Quick commerce businesses, sometimes known as "q-commerce" firms, provide ultra-fast deliveries of critical goods such as food, pharmaceuticals, and everyday things.
However, there are also certain challenges in this sector. A battle for market supremacy has been sparked by fierce competition between established e-commerce behemoths and up-and-coming entrepreneurs. As a result, large investments have been made in marketing, technology, and logistics. Players in the rapid commerce arena face difficulties such as the requirement for a strong last-mile delivery infrastructure, overcoming logistical obstacles in crowded urban regions, and effectively managing inventory.
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Market Competitive Landscape
In India, significant participants in the rapid commerce market include Mumbai-based Zepto, food-tech platform Swiggy's Instamart, and Dunzo Daily. Through the presence of dark retailers, these all provide instant delivery within a short time span. Swiggy's Instamart began delivering within 15 minutes to the majority of its customers. This creates rivalry among swift commerce operators to provide the best delivery services in the shortest amount of time. Dunzo, a new contender in rapid commerce in India, offers a delivery time of 19 minutes and an ever-improving delivery service.
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.
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| Regions covered | Metro & Tier I, Tier II and below.
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| Companies Covered | BB Now, Blinkit, Dunzo, Flipkart Quick, Ola Dash, Swiggy Instamart, Zepto.
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COVID-19 Impact on India Quick Commerce Market
The global growth of the COVID-19 virus has changed people's perceptions on e-commerce and how they buy goods and services. Due of uniform lockdown rules across the country and people' growing reluctance to go outside and purchase needs, India has switched toward e-commerce. After the launch of COVID-19, quick commerce enjoyed consistent expansion and was absorbed into a fast-paced lifestyle. Following the epidemic, food and retail firms were reported to be boosting their use of on-demand delivery services and digital offers.
Key Target Audience
- Quick Commerce Companies
- E-commerce Companies
- E-Grocery Companies
- Logistics Companies
- Cold Chain Companies
- Investors & Venture Capitalists
- Others
Our in-depth analysis of the India Quick Commerce Market includes the following segments:
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By Product Category:
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Beauty & Personal Care
Fruits & Vegetables
Packed food & Beverages
Staples
Others
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By Business Model:
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Dark Store Platform
Third Party Delivery Platform
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By Customer’s Gender:
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Female
Male
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By Delivery Time:
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0-20 Minute
20-40 Minute
40-60 Minute
60-75 Minute
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By Average Order Value:
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< INR300
INR 300 - INR 600
INR 600 - INR 1,000
INR 1000
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Key Topics Covered in the Report- India Quick Commerce Market Size (FY’2022-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
- Expansion Analysis of India Quick Commerce Market
- Problems and Obstacles 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 Current Investment in India Quick Commerce Market
- Competitive Analysis of India Quick Commerce Market
- Prominent Players in the India Quick Commerce Market
- SWOT Analysis of India Quick Commerce Market
- India Quick Commerce Market Future Outlook and Projections (FY’2022-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.
