Quick commerce in India set for $90B boom by 2031: Google-Redseer study
India’s quick-commerce market is on track to balloon from $13 billion this year to $90 billion by 2031, according to a joint report released Wednesday by Google and Redseer Strategy Consultants.
Via YourStory
The report, titled Think Quick Commerce: Unlocking the $90B Opportunity, projects that the country’s monthly active quick-commerce buyers will clear 100 million over the next five years. That momentum is already showing up in real time: quick-commerce sales are expected to surge 110% year-over-year during the current festive season, capturing roughly 18% of all online festive shopping in India.
Industry analysts attribute the trajectory to two big shifts: urban shoppers relying on 10-minute apps for their full monthly grocery runs…
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