India Quick Commerce Market is Expected to Indication an 67% CAGR From the Forecast Period 2023-2028 – MarkNtel Advisors

India Quick Commerce Market research report by Markntel Advisors is an accurate, unbiased, and reliable comprehension and study of data obtained from trustworthy and factual sources to equip the stakeholder with a well-researched and detail-driven report regarding the fluctuations in the industry.

The report aims to provide detailed information about the nooks and crannies of the industry and scrutinize all the industry’s features, factors, and elements that promise fluctuations to the market growth, including possible restraints points and more.

The Key Points Covered in The Report:

• The report is compiled systematically and methodically, with each section neatly covering its essence and influence in the market. Likewise, the report provides a credible selection of market dynamics consisting of the following major pillars of the industry’s study.
  • Market Drivers
  • Market Restraints
  • Growth Opportunities
  • Challenges
• A separate section to provide the impact of COVID-19 on the market to better grasp the fluctuation during and after the pandemic. 
• Elaborated information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, technological advancement, the further scope for improvement, applications, and more. 

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Dynamics of Market -

Market Geographical Dividation – The research report geographically covers: -

• North
• East
• West
• South

Market Driver: Growing Need for Instant Delivery to Drive the Market

Quick commerce is emerging as one of the fastest-growing e-commerce platforms serving the need for convenience & speedy delivery among customers. The instant delivery service, i.e., 10-30 minutes for unplanned orders, is attracting mid to high-level income customers to replace their conventional way of purchasing groceries with an instant delivery platform.

Moreover, the pandemic led consumers to change their purchasing behavior & increased the inclination of the population toward the online platform, giving more importance to speed & comfort. Therefore, all these factors are driving the growth of quick commerce to expand among different segments & cities of India.

Market Growth Restraints: Lack of Real-time Visibility on Retailer's In-store Inventory to Hinder the Market Growth

As the quick commerce retail space is booming drastically, it also found a gap between third-party retailers & vertically integrated instant-need companies. These instant delivery companies do not have accurate & real-time visibility into their retailer's in-store inventory. Consequently, the customers witnessed out-of-stock problems on most of the food & other grocery items at the time of purchase on the delivery application, hence acts as a challenge for the growth of quick commerce in the Indian market.

Analysis of Market Leading Companies

This report section covers the area in combination with an exhaustive compilation of the key players and market participants in the market, fuelling, stimulating, and regulating the industry. In addition, the report covers the business strategies, plans, initiatives, profit/loss study, mergers & acquisitions, product launches, modifications, and more to equip the stakeholder with calculative tools towards yielding higher profits. Thus, for the India Quick Commerce market, the top market participants include: -

• Swiggy Instamart
• Zepto
• Blinkit
• Dunzo Daily
• Ola Dash
• BB Now
• Flipkart Quick
• Amazon Fresh Store
• JioMart Express
• ZopNow
• Others

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Segmental Division of the Market

The market is highly divaricated and bifurcates into various segments. These bifurcations are represented in the report grouped on the basis of a common element, and thus further investigation is performed. Furthermore, the report provides data on each high-performer segment in each group of features and information about the reasons behind the part acquiring a higher share or flourishing more in the industry. Thus, a deep analysis of various market elements is presented by categorizing the segments. As a result, the market is spread in the following:

By Product Type

• Grocery
• Snacks & Beverages
• Bath & Beauty
• Baby Essentials
• Home Care
• Others (Pets, Office Supplies, Healthcare, Alcohol, etc.)

Choose Us, And Get Your Personalized Customized Report

The analysts provide customization offers, so the stakeholder can customize and personalize the report to their needs and wants. The analysts focus on the required elements and sculpt the study according to the wishes of the stakeholders. Additionally, the research report focuses on the systematic organization of data, with each section divided into chapters and further classifications to present an easy, time-saving, and smoothly navigable study. The elements surrounding and shaping the India Quick Commerce industry, including the industry’s profit-loss cycle, major and minor acquisitions and external factors, current trends, and more, are included in the study report.

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