Quick Commerce Market Size, Share, Trends, Growth Report 2034

Quick Commerce Industry Perspective:

The global quick commerce market was valued at approximately USD 103.70 billion in 2024 and is expected to reach around USD 997.14 billion by 2034, growing at a compound annual growth rate (CAGR) of roughly 25.40% between 2025 and 2034.

Request Free Sample

Quick Commerce Market: Overview

Quick commerce represents a revolutionary retail model that focuses on delivering everyday products to consumers within extremely short timeframes, typically ranging from 10 to 60 minutes after order placement, fundamentally transforming how people access goods and services. It uses advanced logistics, micro-warehouses, and smart inventory systems to ensure fast delivery and high customer satisfaction. Product categories include groceries, medicines, electronics, personal care items, and food.

AI, machine learning, and real-time tracking help optimize delivery routes and predict demand. Dark stores and local partnerships keep products close to buyers. Mobile apps, easy-to-use interfaces, and secure payment options combine to create a smooth shopping experience for busy consumers looking for speed, ease, and convenience in their everyday purchases.

The changing consumer lifestyles, increasing smartphone penetration, and rising demand for on-demand services are expected to drive substantial growth in the quick commerce market throughout the forecast period.

Key Insights:

• As per the analysis shared by our research analyst, the global quick commerce market is estimated to grow annually at a CAGR of around 25.40% over the forecast period (2025-2034)
• In terms of revenue, the global quick commerce market size was valued at around USD 103.70 billion in 2024 and is projected to reach USD 997.14 billion by 2034.
• The quick commerce market is projected to grow significantly due to increasing urbanization and technological advancements.
• Based on product type, groceries lead the segment and will continue to dominate the global market.
• Based on platform type, mobile applications are expected to lead the market.
• Based on the delivery model, hyperlocal delivery is anticipated to command the largest market share.
• Based on end-users, urban millennials are expected to lead the market during the forecast period.
• Based on region, the Asia Pacific is projected to lead the global market during the forecast period.

Quick Commerce Market: Growth Drivers

How will accelerating urbanization and changing lifestyle patterns help the quick commerce market to grow?

The quick commerce market is growing rapidly due to fast urbanization and changing lifestyles that focus on convenience, saving time, and getting products quickly. People in cities are often very busy with work, long commutes, and personal responsibilities. This makes them prefer services that avoid the need for long shopping trips.

More households have two incomes or are made up of individuals living alone. These consumers now prefer to shop in small amounts more often, instead of doing big grocery runs. Young professionals and millennials make up a large part of the market. They value speed and ease over saving money and are ready to pay more for quick delivery. The COVID-19 pandemic pushed these habits even further, making on-demand shopping a part of everyday life for people across all age groups.

Technological advancements and digital infrastructure development

Modern technology and robust digital systems are driving the growth of the quick commerce market by streamlining operations, enhancing the customer experience, and ensuring reliable service. Artificial intelligence and machine learning help manage stock levels, predict customer orders, and plan delivery routes more effectively.

Tools like GPS, real-time tracking, and mobile networks make deliveries more accurate and allow good communication between customers, delivery staff, and companies. Cloud platforms help businesses handle sudden spikes in orders. Advanced data tools help companies learn about customer preferences and shopping habits. With more people using smartphones, fast internet, and digital payment options, quick commerce is becoming easier to run and more accessible to a wide range of customers.

Quick Commerce Market: Restraints

Will high operational costs and complex logistics challenges negatively impact quick commerce market expansion?

Despite the demand, the quick commerce industry faces significant financial challenges due to its reliance on multiple micro-warehouses and rapid fulfillment capabilities. Companies must manage high costs to run delivery networks, maintain several small warehouses, and fulfill orders efficiently.

Buying or renting space for dark stores and micro-fulfillment centers in busy urban areas is costly and needs high sales to make it worthwhile. Hiring delivery workers, warehouse teams, and customer service staff adds to labor costs, especially in areas with high wages or staff shortages. Keeping up with technology needs like tracking software and stock systems means ongoing spending.

Other costs include insurance, vehicle repairs, fuel, and compliance with government rules. These challenges make it hard for companies to stay profitable while still offering fast delivery and competitive prices.

Quick Commerce Market: Opportunities

How will expansion into underserved markets and product categories assist in boosting quick commerce industry growth?

The quick commerce market has multiple opportunities for growth by expanding into areas that are currently underserved, such as tier-two cities and smaller regions. These areas lack strong modern retail systems but have a growing demand for easy and fast services. Smaller cities and suburbs still lack full access to quick delivery, offering companies a chance to grow with less competition. Businesses can also expand their offerings beyond groceries and food.

Products like medicines, electronics, books, pet supplies, and other specialized items can help raise order value and keep customers coming back. Serving business clients, healthcare providers, or institutions can open new income streams and help companies stand out. While rural and semi-urban markets have unique difficulties, they also offer growth chances to companies that can build smart and affordable delivery systems through local partnerships.

Quick Commerce Market: Challenges

Regulatory compliance and policy uncertainties

The quick commerce market faces legal and regulatory hurdles because government rules, labor laws, and data protection policies are constantly changing and vary significantly from one place to another. Privacy laws, consumer rights rules, and e-commerce standards need constant updates to technology systems, which takes time and money.

Rules around licenses, food safety, and delivery vehicles can also limit where companies operate. Since there is no universal legal framework for quick commerce, expanding into new countries is difficult. Businesses must deal with different rules in each place, which can slow growth and raise legal risks.

Quick Commerce Market: Report Scope

Quick Commerce Market: Segmentation

The global quick commerce market is segmented into product type, platform type, delivery model, end-user, and region.

Based on product type, the market is segregated into groceries, pharmaceuticals, electronics, fashion and apparel, and personal care products. Groceries lead the market due to high purchase frequency, the essential nature of products, established consumer acceptance, and strong demand for fresh and perishable items that require quick delivery.

Based on platform type, the quick commerce industry is classified into mobile applications, web platforms, voice commerce, and hybrid platforms. Mobile applications hold the largest market share due to widespread smartphone adoption, user-friendly interfaces, real-time notifications, and seamless integration with location services and payment systems.

Based on delivery model, the quick commerce market is divided into hyperlocal delivery, dark store model, micro-fulfillment centers, and direct store pickup. Hyperlocal delivery is expected to lead the market during the forecast period due to faster delivery times, reduced operational costs, better inventory management, and improved customer satisfaction through proximity-based services.

Based on end-user, the market is segmented into urban millennials, busy professionals, the elderly population, and tech-savvy consumers. Urban millennials lead the market share due to high smartphone usage, comfort with digital platforms, disposable income levels, and a strong preference for convenience-based services and instant gratification.

Quick Commerce Market: Regional Analysis

What factors will help the Asia Pacific lead the quick commerce market?

Asia Pacific is leading the quick commerce market thanks to its large urban populations, fast smartphone growth, rising middle-class income, and increasing use of digital payments and on-demand services. The region accounts for approximately 45 percent of the global market, with countries such as China, India, and Southeast Asian nations playing a significant role in driving market growth. Crowded cities and traffic problems make delivery services very attractive, as they save people from going to stores.

Lower labor costs in many parts of the region help make fast delivery more affordable and available to more consumers. Governments are supporting the growth of digital infrastructure, financial technology, and e-commerce, which helps quick commerce grow faster. Local startups and global companies are both expanding their presence to capture the region's large, tech-savvy consumer base.

North America is expected to show strong growth.

North America is showing strong growth in the quick commerce market due to high consumer spending, excellent logistics systems, widespread use of technology, and a strong desire for fast and easy services. The region already has a well-developed e-commerce sector, with trusted payment systems, delivery networks, and customer confidence in online shopping.

Major cities with wealthy populations are perfect for quick commerce, helping companies build strong, sustainable business models. Large technology firms and major retailers in North America are investing in quick commerce, bringing innovation and helping the market grow. The region’s focus on user experience, service quality, and efficiency is raising industry standards and improving overall customer satisfaction.

Recent Market Developments:

In April 2025, Getir announced a strategic partnership with major retail chains to expand its quick commerce services across 15 new European cities, focusing on sustainable delivery methods.

In March 2025, Instacart launched its ultra-fast delivery service, promising 15-minute delivery for essential items in major metropolitan areas across North America.

Quick Commerce Market: Competitive Analysis

The global quick commerce market is led by players like:

• Getir
• Gopuff
• Instacart
• DoorDash
• Uber Eats
• Deliveroo
• Swiggy Instamart
• Zomato Blinkit
• Amazon Prime Now
• Alibaba Taobao
• JD.com
• Meituan
• Rappi
• Glovo
• Dunzo

The global quick commerce market is segmented as follows:

By Product Type

• Groceries
• Pharmaceuticals
• Electronics
• Fashion and Apparel
• Personal Care Products

By Platform Type

• Mobile Applications
• Web Platforms
• Voice Commerce
• Hybrid Platforms

By Delivery Model

• Hyperlocal Delivery
• Dark Store Model
• Micro-fulfillment Centers
• Direct Store Pickup

By End User

• Urban Millennials
• Busy Professionals
• Elderly Population
• Tech-Savvy Consumers

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa