Global Quick Commerce Market Size is valued at USD 103.7 Billion in 2024 and is predicted to reach USD 998.1 Billion by the year 2034 at a 25.5% CAGR during the forecast period for 2025-2034.
Q-commerce, short for Quick Commerce, denotes a swiftly expanding phenomenon in the e-commerce sector distinguished by the prompt and effective transportation of products to customers. Q-commerce is centred around delivering products with exceptional speed, typically within a few hours or even minutes of a customer's order placement. This concept is specifically engineered to cater to the growing need for immediate satisfaction and ease in online retail.
The expansion of the e-commerce sector and the widespread use of mobile applications and technology platforms are anticipated to propel the market. As e-commerce continues flourishing, many individuals are shifting to online shopping for various products, including groceries, daily essentials, electronic devices, and apparel. This surge in online shopping has generated a higher need for efficient and rapid delivery options. Furthermore, e-commerce platforms have instilled an expectation of convenience and swiftness in consumers' shopping experiences. Consequently, customers are increasingly seeking quicker delivery alternatives, prompting e-commerce companies to offer same-day or on-demand delivery services.
The increasing demand for same-day delivery services and technological advancements, such as mobile applications, GPS tracking, and route optimization, primarily drive the market's growth. In our fast-paced lives, consumers seek convenience in their shopping experiences. Moreover, same-day delivery services cater to this need, enabling customers to receive their essentials without physically visiting brick-and-mortar stores or planning their purchases well in advance. Furthermore, companies in the retail and logistics sectors offer same-day delivery as a competitive advantage.
The quick commerce market is segmented on the basis of category and delivery time frame. Based on category, the quick commerce market is segmented as food delivery, grocery, courier, gifts & flowers, pharmacy, and others. By delivery time frame, the market is segmented into instant delivery, same-day delivery, and scheduled delivery.
The same-day delivery category is expected to hold a major share of the global quick commerce market in 2022. Customers are placing growing importance on rapid delivery, and same-day delivery effectively caters to their desire for convenience and swiftness. This inclination for instant satisfaction plays a pivotal role in propelling the expansion of the same-day delivery sector. Furthermore, in the age of smartphones and on-demand services, consumers have grown accustomed to their needs being addressed promptly. Same-day delivery aligns well with this culture of rapid gratification and is an appealing option for a wide range of products.
The grocery segment is projected to grow at a rapid rate in the global quick commerce market. Purchasing groceries online empowers customers to make convenient home-based purchases and receive swift deliveries, resulting in time savings and enhanced convenience. This aligns perfectly with the fundamental value proposition of quick commerce (q-commerce). Moreover, online grocery orders can encompass various products, including packaged foods, household essentials, and fresh produce. Thanks to the diverse array of items accessible, shoppers can source all their requirements from a single platform, thereby boosting order values and profitability for q-commerce enterprises.
The North American quick commerce market is expected to register a tremendous market share in terms of revenue in the near future. In North America, customers are experiencing greater ease in accessing Q-commerce platforms and making orders, thanks to the growing prevalence of smartphones and mobile applications. These user-friendly applications provide a smooth and convenient shopping experience. In addition, Asia Pacific is estimated to grow at a rapid rate in the global quick commerce market. In the Asia Pacific region, food delivery services have successfully attracted a substantial customer following. As these platforms extend their offerings beyond restaurant meals, they tap into a well-established user base already familiar with online ordering and swift deliveries. This broadens the potential customer base for Q-commerce services.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 103.7 Billion |
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Revenue Forecast In 2034 |
USD 998.1 Billion |
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Growth Rate CAGR |
CAGR of 25.5% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Mn,and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Category, Delivery Timeframe |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Glovo, Getir, Rappi, Wolt, JOKR, Gopuff, Zomato, Swiggy, Rohlik, Gorillas, Ocado Zoom and others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Quick Commerce Market Snapshot
Chapter 4. Global Quick Commerce Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Category Estimates & Trend Analysis
5.1. By Category, & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Category:
5.2.1. Food Delivery
5.2.2. Grocery
5.2.3. Courier
5.2.4. Gifts & Flowers
5.2.5. Pharmacy
5.2.6. Others
Chapter 6. Market Segmentation 2: By Delivery Timeframe Estimates & Trend Analysis
6.1. By Delivery Timeframe & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Delivery Timeframe:
6.2.1. Instant Delivery
6.2.2. Same-day Delivery
6.2.3. Scheduled Delivery
Chapter 7. Quick Commerce Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Quick Commerce Market revenue (US$ Million) estimates and forecasts By Category, 2021-2034
7.1.2. North America Quick Commerce Market revenue (US$ Million) estimates and forecasts By Delivery Timeframe, 2021-2034
7.1.3. North America Quick Commerce Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
7.2. Europe
7.2.1. Europe Quick Commerce Market revenue (US$ Million) By Category, 2021-2034
7.2.2. Europe Quick Commerce Market revenue (US$ Million) By Delivery Timeframe, 2021-2034
7.2.3. Europe Quick Commerce Market revenue (US$ Million) by country, 2021-2034
7.3. Asia Pacific
7.3.1. Asia Pacific Quick Commerce Market revenue (US$ Million) By Category, 2021-2034
7.3.2. Asia Pacific Quick Commerce Market revenue (US$ Million) By Delivery Timeframe, 2021-2034
7.3.3. Asia Pacific Quick Commerce Market revenue (US$ Million) by country, 2021-2034
7.4. Latin America
7.4.1. Latin America Quick Commerce Market revenue (US$ Million) By Category, (US$ Million) 2021-2034
7.4.2. Latin America Quick Commerce Market revenue (US$ Million) By Delivery Timeframe, (US$ Million) 2021-2034
7.4.3. Latin America Quick Commerce Market revenue (US$ Million) by country, 2021-2034
7.5. Middle East & Africa
7.5.1. Middle East & Africa Quick Commerce Market revenue (US$ Million) By Category, (US$ Million) 2021-2034
7.5.2. Middle East & Africa Quick Commerce Market revenue (US$ Million) By Delivery Timeframe, (US$ Million) 2021-2034
7.5.3. Middle East & Africa Quick Commerce Market revenue (US$ Million) by country, 2021-2034
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Glovo,
8.2.2. Getir,
8.2.3. Rappi,
8.2.4. Wolt,
8.2.5. JOKR,
8.2.6. Gopuff,
8.2.7. Zomato,
8.2.8. Swiggy,
8.2.9. Rohlik,
8.2.10. Ocado Zoom
Quick Commerce Market By Category
Quick Commerce Market By Delivery Timeframe
Quick Commerce Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
