InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Quick commerce Market - (By Category (Food Delivery, Grocery, Courier, Gifts & Flowers, Pharmacy, Others), By Delivery Timeframe (Instant Delivery, Same-day Delivery, Scheduled Delivery)), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According to the latest research by InsightAce Analytic, the Global Quick commerce Market is expected to expand with a CAGR of 25.5% during the forecast period of 2025-2034.
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The concept of quick commerce, or "q-commerce," is predicated on the establishment of an ultra-fast delivery model, enabled by optimized logistics networks and the strategic placement of micro-fulfillment centers in close proximity to residential zones. This infrastructure supports delivery times ranging from 10 to 30 minutes. The rapid growth of the quick commerce market is largely driven by increasing consumer demand for the immediate delivery of essential household items. Contributing factors include rising disposable income, accelerated rates of urbanization, and sustained industrial development, all of which are reinforcing the need for rapid fulfillment solutions.

Evolving consumer preferences—particularly among younger, tech-savvy demographics—are shaped by the appeal of competitive pricing, broader product selection, and enhanced convenience. Additionally, expanding internet penetration in emerging markets and the entry of major e-commerce platforms into the space are generating new opportunities for market expansion. As quick commerce continues to gain traction, industry participants are increasingly diversifying their service offerings beyond traditional food and grocery delivery, entering adjacent categories such as consumer electronics, pet supplies, flowers, books, stationery, and personal care products.

List of Prominent Players in the Quick Commerce Market:
• Glovo
• Getir
• Rappi
• Wolt
• JOKR
• Gopuff,
• Zomato
• Swiggy,
• Rohlik,
• Ocado Zoom
• Others

Market Dynamics:

Drivers-
The integration of 5G and 4G technologies into payment systems is expected to significantly contribute to market expansion by delivering enhanced connectivity and enabling more seamless, efficient transaction experiences. Additionally, the growing penetration of smartphones across developing economies is increasing consumer access to digital retail platforms, thereby driving the growth of online commerce. The proliferation of connected consumer devices is also anticipated to further support market development by facilitating real-time, user-friendly interactions. Moreover, the expanding base of small and medium-sized enterprises (SMEs) is likely to fuel demand for quick commerce solutions throughout the forecast period, as these businesses increasingly seek agile, technology-enabled delivery and payment infrastructures.

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Challenges:
Maintaining operational efficiency within densely populated urban environments poses notable challenges for quick commerce providers. Managing substantial order volumes while meeting stringent delivery timeframes remains a critical concern. Additionally, rising consumer expectations regarding delivery speed, accuracy, and product quality are continually raising performance benchmarks. One of the primary obstacles to market growth is the elevated operational expenditure associated with sustaining fulfillment infrastructure, including dark stores and last-mile delivery logistics.

Regional Trends:
North America is anticipated to command a significant share of the quick commerce market, supported by increasing consumer demand for rapid delivery services across a wide range of products, including daily essentials, personal care items, electronics, and pet supplies. The appeal of on-demand access to diverse product assortments continues to drive adoption, especially in densely populated metropolitan areas that offer strategic opportunities for service expansion. Likewise, the Asia-Pacific region is demonstrating strong market momentum, with countries such as India, China, Japan, Indonesia, Singapore, and Thailand experiencing a notable rise in quick commerce ventures. This regional growth is primarily attributed to the value proposition of expedited delivery combined with broad product availability.

Recent Developments:

• In June 2022, Shift collaborated with Wolt to facilitate deliveries within a time frame of less than 30 minutes. The relationship represented the convergence of two global pioneers in delivery technology. Through collaboration, Wolt and nShift facilitated expedited deliveries for local shops, allowing them to effectively compete with international corporations within a timeframe of under 30 minutes.

• In Sept 2021, Glovo acquired two companies in order to enhance its 'q-commerce' sector. This Spanish corporation acquired Lola Market, a domestic grocery delivery company, as well as Mercadão, a Portuguese counterpart. The specific details of the acquisitions were not made public.

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Segmentation of Quick Commerce Market-

By Category
• Food Delivery
• Grocery
• Courier
• Gifts & Flowers
• Pharmacy
• Others
By Delivery Timeframe
• Instant Delivery
• Same-day Delivery
• Scheduled Delivery
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
View Overview Report: https://www.insightaceanalytic.com/report/quick-commerce-market/2247

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.