India Quick Commerce Market: $57B by 2030 (Report)
- India's quick commerce (QC) market is poised for important expansion, possibly reaching $57 billion by 2030.
- The brokerage firm also increased its gross order value (GOV) estimates for the quick commerce segment by 9-11% for fiscal years 2026-2028.Sustained GOV growth, improved food delivery margins,...
- Several quick commerce operators are expanding their reach, including Blinkit, Instamart, Zepto, and Flipkart Minutes.Eternal, formerly Zomato, is also positioned for growth in the quick commerce arena. The...
India’s quick commerce market is on track to hit a staggering $57 billion by 2030, as revealed in a new report. This meteoric rise is being driven by surging online orders, notably in smaller cities across the nation, signaling a meaningful shift in consumer behavior. Key players like Blinkit, Instamart, and Zepto are capitalizing on this trend, expanding their reach and product offerings. Sustained growth in gross order value and the increasing adoption of digital payments are further solidifying the success of the quick commerce sector. News Directory 3 provides a comprehensive overview of the market dynamics and the key drivers behind this rapid expansion. Discover what’s next for India’s dynamic quick commerce landscape.
India’s Quick Commerce market Projected to Reach $57 Billion by 2030
Updated June 05, 2025
India’s quick commerce (QC) market is poised for important expansion, possibly reaching $57 billion by 2030. A recent report indicates that this surge is fueled by increasing adoption in smaller cities and towns. Morgan Stanley revised it’s earlier forecast of $42 billion,reflecting the accelerated growth of quick commerce across the nation.
The brokerage firm also increased its gross order value (GOV) estimates for the quick commerce segment by 9-11% for fiscal years 2026-2028.Sustained GOV growth, improved food delivery margins, and a stable competitive landscape are cited as key drivers for the sector’s continued success.
Several quick commerce operators are expanding their reach, including Blinkit, Instamart, Zepto, and Flipkart Minutes.Eternal, formerly Zomato, is also positioned for growth in the quick commerce arena. The report suggests Eternal’s profitability in this sector could mirror its successful food delivery operations.
KPMG’s Venture Pulse report highlights the continued investor interest in quick commerce. Global venture capital investment saw an increase from $349.4 billion in 2023 to $368.3 billion in 2024, indicating strong confidence in the sector’s potential.
E-commerce and quick commerce are outpacing conventional retail channels, growing two to three times faster. This rapid growth diminishes the need for extensive traditional trade networks when entering the indian market. Digital payments are also gaining traction, with 45% of internet users now utilizing them for transactions, according to a Bain & Company report.
The Reserve Bank of India (RBI) noted the strength of private final consumption, driven by e-commerce and q-commerce, emphasizing the importance of fostering competition in these sectors.
What’s next
The quick commerce market in India is expected to see continued innovation and expansion, with companies focusing on improving delivery times, expanding product offerings, and reaching new customer segments in smaller cities and towns. the increasing adoption of digital payments will further fuel this growth.