Q-COMMERCE INDUSTRY IN INDIA SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 Quick-commerce has emerged as a game changer in India by finding the right level of balance between delivery promise time and availability of resources. The Quick-commerce model consists of a mother hub, distribution center, and last-mile delivery stores playing a major role in providing its service to customers.

The Q-Commerce market in India is segmented by Product type (Groceries, Personal Care, Fresh Food, Others), by Company type (Pureplay, Non-pureplay), and by Region (East, West, North, South). The report offers Market size and forecasts for Q-Commerce Industry in India in value (USD Million) for all the above segments. The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the market, which supports the market estimations and growth rates over the forecast period. The study also tracks the revenue accrued from the Q-Commerce companies being used across end-user industries.

To fulfill the demands and needs of customers with the advent of COVID-19 emergence of Q-Commerce take place. With the availability of faster delivery in a short period, customers expect more product variety of electronics, clothing, and personal goods which needs to be delivered in a short time.

By extending its reach in the market, quick commerce was serving 20 million households in 2020, and it is expected to reach 26 million in five years with an increase in its market penetration and addressable market size. Zepto and Dunzo stand as the selected quick commerce startup receiving funding of USD 160,700.1 million as of March 2022, providing them with a good amount of liquidity and growth.

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