Global Quick Commerce Market size was valued at USD 48,285.4 Million in 2024 and is expected to reach USD 3,06,350.8 Million by 2033, at a CAGR of 20.18% during the forecast period 2024 – 2033.

Quick Commerce is also known as on-demand delivery commerce. The quick commerce aims to deliver products and services within minutes. Quick commerce is very fast as compared to traditional e-commerce, which may take several days. Quick commerce is delivered through e-commerce websites and apps to facilitate super quick delivery of goods and services.

Various factors such as the growing trend of convenient and fast-paced shopping, increasing internet penetration, growing investment by the big technology giants in this industry, increasing smartphone penetration, and growing disposable income coupled with increasing internet penetration are mainly driving the market growth.

However, factors such as growing data privacy issues, increasing cyber-attacks and phishing incidences, lack of adequate infrastructure, and less adaption in the many underdeveloped countries are mainly restraining the market growth.

The technological advancements such as growing integration of artificial intelligence, internet of things in the quick commerce applications is expected to create lucrative opportunities for market during the forecast period. The artificial intelligence-driven machine learning and data-driven algorithms are helping in streamlining the supply chain and route optimization. Furthermore, GPS tracking technology and robotic process automation play key roles in the quick commerce industry.

The global quick commerce market is segmented by the product category, by payment method, by technology and by region. By product category, the Food & Groceries segment dominated the market and is expected to keep its dominance during the forecast period owing to the growing adoption of the quick commerce channels in the food and grocery industry. The rapidly expanding food and beverage industry and increasing demand for instant food and grocery items are expected to create lucrative opportunities for this segment during the forecast period.

By payment method, the market is segmented into online payment methods and cash-on-delivery methods. Among these, the Cash-on-delivery method segment dominated the market and is expected to maintain its dominance during the forecast period. The cash delivery method is the most preferred method by consumers because it is safe and secure.

However, the online payment segment is expected to grow fastest during the forecast period. The growing online payment channels, coupled with alluring discounts offered by the key players, are mainly driving the market growth of this segment.

The Global Quick Commerce market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Among all these, North America held the highest market share and is expected to maintain its dominance during the forecast period owing to the presence of many leading quick commerce companies in the region. Key countries such as the U.S., Canada, and Mexico are mainly driving the market growth of this region.

Report Scope

Feature of the Report Details
Market Size in 2024 USD 48,285.4 Million
Projected Market Size in 2033 USD 3,06,350.8 Million
Market Size in 2023 USD 41,230 Million
CAGR Growth Rate 20.18% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Product Category, Payment Mode, Technology and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your research requirements.

CMI has comprehensively analyzed the Global Quick Commerce market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the market scenario. Segment-wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Quick Commerce industry.

The competitive landscape includes key innovators, after-market service providers, market giants, and niche players, which were studied and analyzed extensively concerning their strengths, weaknesses, and value-addition prospects. In addition, the report covers key players’ profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships, and emerging business models.

List of the prominent players in the Quick Commerce Market:

  • Blink Commerce Private Limited
  • Delivery Hero
  • Dunzo
  • Flink
  • Foodpanda
  • Getir
  • Gopuff
  • KiranaKart Technologies Private Limited (Zepto)
  • Maplebear Inc.(Instacart)
  • Quickcommerce Ltd.(Zapp)
  • Rappi
  • Supermarket Grocery Supplies Pvt Ltd (Big Basket)
  • Swiggy
  • Yemece
  • Flink
  • Zapp
  • Others

The Quick Commerce Market is segmented as follows:

By Product Category

  • Food & Groceries
  • Stationary
  • Personal Care Items
  • Medicines
  • Small Electronics & Accessories
  • Clothing
  • Household Products
  • Others (Pets, alcohol, gifts & flowers)

By Payment Mode

  • Cash on Delivery
  • Online

By Technology

  • Application Based Operation
  • Website Based Operation
  • Hybrid Operation

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America