India Quick Commerce Market Research Report: Forecast (2023-2028)
According to MarkNtel Advisors’ the India Quick Commerce Market is projected to grow at a CAGR of around 67% during the forecast period, 2023-28. This most recent report by MarkNtel Advisors delves into the India Quick Commerce Market, exploring aspects such as market size, share, growth rate, and prevalent trends. The analysis takes into account both short and long-term influencing factors, with the aim of assessing the market’s potential by examining current trends and providing insights into the competitive landscape for both established industry players and potential entrants.
The report presents an extensive market analysis encompassing anticipated sales, cost assessment, trends in production and consumption, Compound Annual Growth Rate (CAGR), gross margin, and the dynamics of supply and demand. Moreover, it accentuates recent product innovations, technological progress, and active research and development initiatives. To aid readers in crafting business strategies and expansion plans, the research provides a comprehensive perspective on the worldwide India Quick Commerce Market. This is achieved by assessing the competitive landscape, discerning market positions, and enabling informed business decisions.
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Through a combination of quantitative and qualitative analyses, the study scrutinizes all relevant market factors, incorporating significant facts and empirical data to present a comprehensive statistical analysis. The research delves into major drivers, limitations, and future prospects, providing valuable insights for stakeholders seeking a deeper understanding of this market.
Key Trend in the Market – Rising Entry of Start-ups into the Market
The adoption of quick commerce caters to accomplishing the instant delivery needs ranging from 10 to 30 minutes of order fulfillment time. Many Q-commerce start-ups, such as Swiggy, Zepto, Blinkit, BB Now, etc., have entered the instant delivery ecosystem to expand their customer base. These start-ups are rapidly attracting investments, which would help them to penetrate the Indian quick commerce market. In 2021, Swiggy announced its plan to invest around USD700 million into Instamart.
Furthermore, Zepto raised USD100 million in 2021 in a Series C round to expand its presence beyond metro cities. Thus, the trend of emerging start-ups in the country due to the growing demand for instant deliveries is expected to drive the India Quick Commerce market’s growth.
Profiling Companies and Driving Industry Expansion in the India Quick Commerce Market
In recognizing the pivotal role of strategic insights for stakeholders seeking a competitive advantage in the industry, the India Quick Commerce Market report places significant emphasis on the competitive landscape section. This section delivers comprehensive company profiles, furnishing valuable insights into strategies, developments, and financial performance.
Thorough research into evolving strategies, sustainability practices, and market dynamics shifts equips investors with the knowledge needed to make informed decisions and establish targeted goals. Our analysts have meticulously profiled each company, presenting influential information shaping industry expansion. Key parameters covered include investment trends, company overview, origin, business strategy, product/service portfolio expansion, and geographical presence.
This section delves into the strategies adopted by market players to uphold dominance, enhance profitability, and expand operations. It encompasses ongoing trends, recent developments, performance indicators, and a detailed analysis of products/services. Furthermore, a comprehensive Risk and SWOT Analysis is incorporated. Prominent companies like Swiggy Instamart, Zepto, Blinkit, Dunzo Daily, Ola Dash, BB Now, Flipkart Quick, Amazon Fresh Store, JioMart Express, ZopNow and Others take center stage in the India Quick Commerce Market report.
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India Quick Commerce Market Categorization:
The India Quick Commerce Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:
By Product Type
-Grocery
-Snacks & Beverages
-Bath & Beauty
-Baby Essentials
-Home Care
-Others (Pets, Office Supplies, Healthcare, Alcohol, etc.)
On the geographical front, the India Quick Commerce Market expands across the following:
By Regions
-North
-East
-West
-South
Report Components:
- Thorough market research aimed at supporting informed decision-making.
- Market projections and predictions covering the period from 2023 to 2028.
- Investigation of expansion opportunities and trend analysis.
- Comprehensive market analysis through forecasts detailing regional and segment revenue.
- Examination of market share and competition strategies.
- Detailed insights on effectively addressing market competition.
- Strategies for success in dynamically changing marketplaces.
- Availability of the report in various formats, including PDF, Excel, PPT, and an online dashboard.
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MarkNtel Advisors is wholeheartedly dedicated to delivering premium market research, and this report serves as a testament to our commitment to furnishing clients with extensive and valuable insights. In response to the publication of this report, our analysts emphasized, “The India Quick Commerce Market” is in the midst of swift changes, and staying ahead of the curve is vital for both businesses and investors. Our report provides a detailed examination of market players, prospects, and insights, equipping our clients with the essential information needed to make well-informed decisions in this continuously evolving environment.”
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