India News
- Quick Commerce players
are opting dark store’s model to deliver the groceries in minutes.
- Quick commerce
companies provide convenience and flexibility of fast deliveries by
managing a focussed set of ~2000 SKUs within the dark stores and gets it
all delivered within 75 mins.
- Convenience
Seekers inclined towards Unplanned Purchases are the major addressable
audience for India Quick Commerce Market.
Express
Delivery is possible with the help of Dark Store Model: Majority
of the Quick Commerce Companies follow the Dark Store Model for Delivering
Groceries at doorstep in minutes.
In this Model, the user
places the order on the mobile application, after which the order is received
by the nearest dark store or the micro-fulfilment centre. These dark stores are
located in close proximity in the regions that the company is operational.
The dark store then has
trained professionals who pick and pack the order and delivery partner reaches
the customer’s doorstep with the order in minutes.
This model accurately
justifies the delivery of grocery in minutes of ordering online.
Target Addressable Audience for
Quick Commerce: Smartphone users in the urban
region aged 15-45 are considered as the target audience for ordering
consumables online as they are young, experimental, convenience seekers who
tend to do unplanned purchases. Consumer behavior is dynamically changing from
value seeking to convenience seeking, resulting in weekly, small-sized
purchases compared to larger, monthly purchases. This is the major factor which
is driving the Quick Commerce Market in India.
Technologies Facilitating Business
Operations: Companies have been constantly on
the look out to adapt new technologies in their operations. Fleet management
software, real time inventory monitoring & business analytics have driven
the day-to-day operations in the industry. Artificial Intelligence has helped
the companies to offer personalize experience to customer.
Analysts at Ken Research in
their latest publication “India
Quick Commerce Market Outlook to FY’27F - Driven by Increasing demand for
Faster Delivery & Convenience and Shifting Customer behavior towards
Unplanned Purchases”
believe
that the Quick Commerce market in India is expected to demonstrate strong growth
owing to the increase in demand for faster deliveries, wide product assortment,
convenient & hassle-free shopping experience. The market is expected to register
a positive CAGR of 27.9% in terms of revenue during the period FY’22P-FY’27F.
By Product Category
Fruits & Vegetables
Packed food & Beverages
Staples
Beauty & Personal Care
Others
By Region
Metro & Tier I
Tier II and below
By Business Model
Dark Store Platform
Third Party Delivery Platform
By Customer’s Gender
Male
Female
By
Delivery Time
0-20 Minute
20-40 Minute
40-60 Minute
60-75 Minute
By Average Order Value
< INR 300
INR 300 – INR 600
INR 600 – INR 1,000
> INR 1000
Companies
Covered:-
Swiggy Instamart
Blinkit
Zepto
Dunzo
BB Now
Ola Dash
BB Now
Flipkart Quick
Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTYxNDE4
Key Target Audience:-
Quick Commerce Companies
E-commerce Companies
E-Grocery Companies
Logistics Companies
Cold Chain Companies
Investors & Venture Capitalists
Time Period Captured in
the Report:-
Historical Period: FY’22
Forecast Period: FY’23-FY’27F
Key Topics Covered in the Report:-
How is the Quick Commerce Market positioned in India?
India
Quick Commerce Market Flowchart
Evolution of the Quick
Commerce Industry
Target Addressable Audience for India Quick Commerce
Market
Consumer Purchase Behavior
Channels available for
shopping consumables
Comparison of E-Grocery
and Quick Commerce Platform
Value Chain Model - Dark
Store Delivery Platform
Supply Ecosystem and Challenges
Market Size and Segmentation
SWOT Analysis
Current Technologies Facilitating Quick Commerce
Industry
Upcoming Technologies in Quick Commerce Industry
Investment and Funding in Quick Commerce Companies
in India
Competitive Landscape – Cross Comparison of Major
Players
Company Profiles
Case study & Analyst Recommendations
Research Methodology
For More Information
on the research report, refer to below link:-
Related Reports:-
