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Global Quick E-Commerce (Quick Commerce) Market estimated to grow at a CAGR of 34.3%.
From the selected regions, the ranking by revenue in the 'Quick Commerce' segment of the online food delivery market is forecast to be led by China with ****** billion U.S. dollars. In contrast, the ranking is trailed by Malaysia with **** billion U.S. dollars, recording a difference of ****** billion U.S. dollars to China. The Statista Market Insights cover a broad range of additional markets.
In 2025, the quick commerce market was estimated to have around *** billion U.S. dollars in global revenues, increasing from the previous year's estimated *** billion dollars. By 2030, revenues in the quick commerce market are forecast to exceed *** billion U.S. dollars worldwide. Ultra-fast delivery: an unprofitable venture? Quick commerce promises consumers near instant delivery of their grocery orders, with delivery taking place within an hour or sometimes even as fast as ** minutes. Many startups in the industry like Getir, Flink and Gorillas secured billions of dollars in funding at the height of the pandemic from eager investors. However, these companies never turned a profit, and estimates suggest profitability in the sector may be a difficult feat to achieve. So what does the future hold for the quick commerce sector? Industry consolidation is the way to go? While the pandemic propelled many food delivery startups to prominence, the post-pandemic economic slowdown threatened their survival in a highly competitive industry. With falling consumer demand and the return of competition from brick-and-mortar, some players resorted to mass layoffs to cut costs, while others attempted to consolidate their market share by acquiring their competitors. In the quick commerce market, Getir completed its acquisition of rival Gorillas in a deal worth *** billion U.S. dollars in December 2022.
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Global Quick Commerce Market size will exceed a valuation of USD 11.67 billion by 2032, to grow at a CAGR of 12.6% during the forecast period.
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Global Quick Commerce market size is expected to reach $300.58 billion by 2029 at 23.4%, segmented as by food and groceries, fresh produce (fruits and vegetables), dairy products, packaged foods (snacks, beverages, canned goods), frozen foods, meat
In 2023, China's quick commerce market totaled about *** billion yuan. This represented a year-over-year growth of ***** percent.The adoption of q-commerce in ChinaQuick commerce, also known as "q-commerce", is a new form of e-commerce. When compared to traditional e-commerce, q-commerce provides on-demand delivery in a short timeframe, sometimes even less than ** minutes. Quick commerce providers often establish a network of stores and warehouses around residential areas. Once the order is received, the item is dispatched and transported by the last-mile delivery immediately. China’s leading q-commerce providersIn 2023, Meituan Instashopping ("Shangou") was China’s largest q-commerce platform, followed by JD Now and Ele.me. The platform was launched in 2018 by Meituan, China’s largest local service provider. Within several years, Meituan Instashopping has developed into the most popular quick-commerce App in China, serving hundreds of millions of users.
As of September 2024, among the quick commerce market players, Blinkit held a market share of nearly ** percent. Swiggy Instamart followed with a ** percent share in India. Quick commerce shows robust growth In 2024, the gross merchandise value (GMV) of quick commerce in the country surged to over ***** billion U.S. dollars, a substantial increase from the previous year. This consistent growth in GMV underscores the escalating demand for quick commerce services in India, indicating a promising trajectory for the industry. Zepto's remarkable revenue growth During the financial year 2023, Zepto demonstrated unprecedented revenue growth, exceeding ************ percent, while BigBasket lagged with a mere **** percent growth. This substantial disparity highlights the significant impact of Zepto's rapid growth on the competitive landscape of quick commerce in India, particularly in the grocery segment. The emergence of such dynamic players has reshaped the market, intensified competition, and driven innovation within the industry.
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The India Quick Commerce Market is projected to grow at a CAGR of around 67% during the forecast period, i.e., 2025-30. says- MarkNtel Advisors
In 2023, Meituan's q-commerce service dominated China's quick commerce market with about ** percent share. The three largest market players accounted for over two-thirds of the Chinese quick commerce market in that year.
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UK Quick E-Commerce (quick commerce) Market size is estimated to valued at US$ 9.36 Billion in 2025 and is a CAGR of 19.6%, reaching US$ 32.77 Billion by 2032.
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The global quick commerce market is projected to experience significant growth, with an estimated value of USD 626.5 billion by 2033, up from USD 75.9 billion in 2023. This growth translates to a compound annual growth rate (CAGR) of 23.5% during the forecast period from 2024 to 2033. Quick commerce, which emphasizes rapid delivery of goods, often within an hour, is reshaping the retail and logistics sectors by meeting the increasing consumer demand for convenience and fast service. The market's expansion is being driven by advancements in logistics technology, increasing smartphone penetration, and the growing trend of online shopping.
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Quick Commerce Market in India Segments Into by Product Category (Grocery and Staples, Fresh Produce and Dairy, and More), Delivery Time Promise (≤ 10 Minutes, 11–30 Minutes, 31–60 Minutes), by City Tier (Tier I Metros, Tier II Cities, and Tier III & Below), and by Geography (North India, South India, and More). The Market Forecasts are Provided in Terms of Value (USD).
The market size of quick commerce in Turkey grew significantly from **** billion Turkish lira in 2019 to over ***** billion Turkish lira in 2024. Quick commerce, also known as q-commerce, is a faster form of e-commerce where online orders are typically delivered in less than an hour. Q-commerce rise in Turkey Quick commerce is becoming more popular in Turkey, particularly in cities. In 2024, q-commerce occupied more than ***** percent of the country's total e-commerce revenue. Food and grocery delivery accounted for the largest share of the revenue. Q-commerce implications for the Turkish economy According to Ömer Faruk Ergün, Senior E-Commerce Expert at the Turkish Ministry of Trade, not only does this trend reflect changing consumer behavior, but it also has implications for city planning and the labor market. As the online food delivery market grows, there is a growing competition among providers as well as an increasing number of couriers on the streets, whose working conditions need to be considered. In 2025, over ** million people in Turkey were estimated to use food delivery services.
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The Quick Commerce Market is projected to grow at a CAGR of around 42% during the forecast period, i.e., 2022-27says- MarkNtel Advisors.
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Quick Delivery Commerce Market size was valued at USD 92.88 billion in 2019 and is poised to grow from USD 106.89 billion in 2023 to USD 291.17 billion by 2031, growing at a CAGR of 13.10% in the forecast period (2024-2031).
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Quick Commerce Market Size, Trends and Insights 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), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Reports Description
Global Quick Commerce Market 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 an advanced-level E-commerce system. It is also known as an ultra-fast delivery method or on-demand delivery method. Quickly, commerce companies deliver products within 10- 30 minutes. Companies deliver various products such as groceries, essentials, and sometimes cooked food.
Quick commerce services are changing the entire business landscape of the retail and consumer goods market. It provides businesses with a new value proposition that can set them apart from competitors.
Many E-commerce companies like Amazon, BigBasket, Swiggy, Blinkit, Zepto, and Flipkart Minutes, and Swish (a startup) operate in the quick food delivery space by focusing on ultra-fast deliveries. The growing demand for fast delivery services across the globe is driving the market growth of the quick commerce market.
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The report covers Brazil Grocery Delivery Companies, Brazil E-Commerce Logistics Startup, E-Commerce Startups Companies In Brazil, Brazil On-Demand Food Delivery Market.
In 2022, the market size of China's quick commerce market for consumer electronics amounted to almost ** billion yuan. It was estimated that the market would grow at a CAGR of **** percent between 2021 and 2026, reaching a value of ***** billion yuan in 2026.
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The Quick Commerce Market size was valued at USD 79.70 billion in 2023 and is projected to reach USD 324.31 billion by 2032, exhibiting a CAGR of 22.2 % during the forecasts period. The concept of Quick Commerce (Q-commerce) refers to ‘The Market in which firms and businesses deliver consumer essentials items ranging from groceries to pharmaceuticals and other necessities and daily use products within one hour’. This sector uses technology, including mobile application and sophisticated logistics, to deliver orders on time and with great speed. Users in the realm encompass food ordering, buying and selection services in retail and convenience categories making it easy to access products. Current trends are the growth of delivery networks in cities, the use of dark stores and micro-fulfillment centers in delivery, and new technologies in the last mile deliveries. This market is compelling as it is presented by the growing customer interest for fast and handy, complimented by new technologies and shifts in e-shopping schemes.
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Global Quick Commerce market size 2025 was XX Million. Quick Commerce Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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Global Quick E-Commerce (Quick Commerce) Market estimated to grow at a CAGR of 34.3%.