GLOBAL QUICK E-COMMERCE (QUICK COMMERCE) MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global Quick E-Commerce (Quick Commerce) Market, By Product Type (Food Products, Beverages, Personal Care Products, Household Products, and Others), By Channel (Mobile Apps, Websites, and Telephone), By Location (Metropolitan Areas, Tier 1 Cities, Tier 2 Cities, Rural Areas, and Others), By Order Size (Less than $10, $10-$20, $20-$30, and More than $30), By Delivery Time (10-30 Minutes, 31-60 Minutes, and More than 60 Minutes), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global Quick E-Commerce (Quick Commerce) Market Regional Insights:

Asia Pacific region is the largest market for quick commerce, which accounted for over 50% of the global market share in 2023. The growth of the market in this region can be attributed to increasing urbanization, rising disposable income, and growing awareness about the benefits of quick commerce services.
North America is the second-largest market for quick commerce, which accounted for over 25% of the global market share in 2023. The growth of the market in this region can be attributed to the increasing demand for convenience and the rising popularity of online shopping.
Europe is the third-largest market for quick commerce, which accounted for over 15% of the global market share in 2023. The growth of the market in this region can be attributed to the increasing urbanization and the rising demand for convenience.

Figure 1. Global Quick E-Commerce (Quick Commerce) Market Share (%), by Region, 2023

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East