Quick Commerce Market Expected to Achieve 25% CAGR by 2029: Growth Forecast Insights

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Quick Commerce Market Size By 2025?
In recent times, the quick commerce market has experienced an unprecedented growth rate. Its size, which is expected to elevate from $104.1 billion in 2024 to $130.51 billion in 2025, forecasts a compound annual growth rate (CAGR) of 25.4%. Factors contributing to this impressive growth during the historic period include urban expansion, evolving lifestyles, the enhancement of transportation infrastructure, the surge in e-commerce, and demographic shifts.

How Big Is the Quick Commerce Market Size Expected to Grow by 2029?
Over the coming years, the quick commerce market is anticipated to witness significant expansion. The market is projected to hit $318.67 billion in 2029, with a compound annual growth rate (CAGR) of 25.0%. The expected growth within the forecast period can be credited to factors such as sustainability issues, regulatory modifications, evolving consumer anticipations, health and safety worries, and market amalgamation. Key tendencies during the forecast period are likely to include hyper-personalization, the burgeoning phenomenon of social commerce, augmented reality (AR) shopping, adoption of sustainable methods and the advent of voice commerce.

View the full report here:
https://www.thebusinessresearchcompany.com/report/quick-commerce-global-market-report

Which Key Market Drivers Powering Quick Commerce Market Expansion and Growth?
The quick commerce market's expansion is expected to be fueled by the surge in the e-commerce industry and online shopping. E-commerce encompasses the internet-based transaction of goods and services, while online shopping involves obtaining products or services via websites or mobile applications. The proliferation of internet and mobile device usage, technological enhancements, superior logistics, and delivery services, along with the ease of home shopping, are driving the growth of e-commerce and online shopping. Quick Commerce provides consumers with fast, on-demand delivery of online goods and services, catering to immediate needs and increasing convenience. For example, the U.S. retail e-commerce sales for Q2 2024 were projected to be $282.3 billion, according to the United States Census Bureau in August 2024. This represents a 5.3 percent (±0.7) rise compared to Q1 2023. Hence, the growth of the quick commerce market is driven by the expansion of the e-commerce industry and online shopping.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16170&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Quick Commerce Market?
Leading firms in the quick commerce industry are forging innovative platforms such as real-time quick commerce advertising solutions in order to augment customer engagement and acquire a competitive advantage. These solutions are self-service platforms that empower FMCG companies to employ real-time bidding for the promotion of products on instant delivery applications. Delivery Hero SE, an online food ordering firm based in Germany, teamed up with CitrusAd, an Australian self-serve e-commerce ad-serving platform, in October 2022 to introduce new Self-Service Quick Commerce Advertising Solutions. This collaboration lets FMCG firms utilize advanced AdTech tools for product promotion. Via its instant delivery applications, Delivery Hero now furnishes real-time bidding abilities, allowing brands to opt for diverse buying models, such as cost-per-click and observe the results in real-time.

What Are the Emerging Segments in the Quick Commerce Market?
The quick commerce market covered in this report is segmented -

1) By Product: Food And Groceries, Stationery, Personal Care Items, Medicines, Small Electronics And Accessories, Clothing, Household Products, Others Products
2) By Technology: Application Based Operation, Website Based Operation, Hybrid Operation
3) By Payment Mode: Cash On Delivery, Online

Subsegments:
1) By Food And Groceries: Fresh Produce (Fruits And Vegetables), Dairy Products, Packaged Foods (Snacks, Beverages, Canned Goods), Frozen Foods, Meat, Poultry And Seafood, Bakery And Confectionery, Organic And Health Foods
2) By Stationery: Office Supplies (Pens, Paper, Notebooks), School Supplies (Backpacks, Binders, Pencils), Printing And Copying Materials, Art Supplies (Markers, Paints), Technology Accessories (Chargers, Mouses)
3) By Personal Care Items: Skincare Products (Creams, Lotions, Serums), Hair Care Products (Shampoos, Conditioners, Hair Oils), Oral Care (Toothpaste, Mouthwash, Toothbrushes), Cosmetics (Makeup, Nail Care), Bath And Shower (Soaps, Shower Gels, Scrubs)
4) By Medicines: Over-The-Counter Medications (Painkillers, Cold Medicines), Prescription Drugs, Health Supplements (Vitamins, Proteins), First Aid Supplies (Bandages, Antiseptics), Wellness And Herbal Products
5) By Small Electronics And Accessories: Smartphones And Mobile Accessories (Cases, Screen Protectors), Headphones And Earbuds, Smartwatches And Wearables, Chargers And Cables, Small Home Appliances (Blenders, Electric Kettles)
6) By Clothing: Apparel (T-Shirts, Jeans, Dresses), Footwear (Shoes, Sandals, Sneakers), Lingerie And Innerwear, Activewear (Sportswear, Yoga Pants), Accessories (Hats, Scarves, Bags)
7) By Household Products: Cleaning Supplies (Detergents, Disinfectants), Kitchenware (Pots, Pans, Utensils), Home Décor (Cushions, Curtains, Rugs), Paper Products (Toilet Paper, Tissues), Small Furniture (Shelves, Storage Solutions)
8) By Other Products: Pet Supplies (Food, Toys, Accessories), Baby Products (Diapers, Baby Food, Clothes), Books And Magazines, Party Supplies (Decorations, Balloons), Gardening Supplies (Seeds, Soil, Pots)

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16170&type=smp

Who Are the Global Leaders in the Quick Commerce Market?
Major companies operating in the quick commerce market are Delivery Hero SE, DoorDash Inc., Gopuff, Maplebear Inc., Swiggy, Grab Holdings Inc., Getir, Shipt Inc., Postmates Inc., Missfresh Inc., Flink SE, ZeptoExpress Sdn Bhd, Lalamove LLC, FreshDirect LLC, Jokr Inc., Dunzo Digital Private Limited, Zapp Ltd., Blink Commerce Private Limited, Gorillas Technologies GmbH, GoJek, Rappi S.A.S, Weezy Technologies Limited

Which are the Top Profitable Regional Markets for the Quick Commerce Industry?
North America was the largest region in the quick commerce market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quick commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16170

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.