Dublin, April 17, 2026 (GLOBE NEWSWIRE) -- The "Asia-Pacific Quick Commerce Market Size & Forecast by Value and Volume Across 100+ KPIs by Product Type, Payment Mode, Age Group, Location, Business Model, and Delivery Time - Databook Q1 2026 Update" report has been added to ResearchAndMarkets.com's offering.
The quick commerce market in Asia-Pacific region was expected to grow by 11.7% annually, reaching US$123.2 billion by 2025. The quick commerce market in the region has experienced robust growth during 2020-2024, achieving a CAGR of 26.2%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 8.2% from 2025 to 2029. By the end of 2029, the quick commerce market is projected to expand from its 2024 value of US$110.3 billion to approximately US$169.1 billion.
This report provides a detailed data-centric analysis of the quick commerce industry in Asia-Pacific offering comprehensive coverage of both overall and quick commerce markets. It includes more than 100+ KPIs, covering gross merchandise value, gross merchandise volume, average order value, and order frequency.
Over the next 2-4 years, the competitive landscape is likely to evolve into fewer, stronger players rather than many small ones. In markets like India, consolidation will continue as weaker players exit or are absorbed, and the focus shifts from pure growth to unit economics, profitability, and retention. In Southeast Asia, given an earlier stage, we may see platforms expand beyond top metros into tier-2/3 cities, and investment will tilt towards operational efficiency, lower delivery promise ceilings (e.g., 20-30 minutes rather than 10 minutes everywhere), and new revenue streams (advertising, subscriptions).
Competitive intensity will remain high, but the battle will shift from just speed to cost, differentiation, category breadth, and platform leverage. Further, regulatory and labour-cost pressures may force the exit of heavily subsidized players.
Current State of the Market
- In the Asia-Pacific region, quick commerce (q-commerce) has transitioned from early experimentation to intense competitive deployment in major metropolitan areas. In India, for example, q-commerce is now described as "no longer an experiment but a core layer of consumer infrastructure".
- Established players are scaling dark-store networks, optimising fulfilment, and expanding into new categories beyond basic groceries. Meanwhile, in Southeast Asia, the model is less advanced than in India but is gaining traction through ride-hailing / super-app platforms. The market is marked by multiple players racing to build urban fulfilment density, while dealing with cost and regulatory headwinds.
Key Players and New Entrants
- In India, the competitive front-runners include Blinkit (now part of Eternal Limited), which is estimated to hold approximately 44% of the q-commerce market in FY25. Zepto, with roughly 30%, and Swiggy Instamart, with about 23%. In Southeast Asia, super-apps are key players; for example, Grab's GrabMart is reported to have a share of over 35% in quick-commerce in some key locales.
- New entrants and adjacent incumbents are also entering the market. Global e-commerce giants like Amazon are conducting ultra-fast grocery pilots in India and elsewhere. Thus, the competitive set is broad, including dark-store pureplays, food-delivery platforms moving into q-commerce, building retailers, and general e-commerce players experimenting.
Recent Launches, Mergers, and Acquisitions
- Significant transactions and launches are shaping the landscape. In India, Blinkit's acquisition by Zomato (now Eternal) is a foundational consolidation. In India's q-commerce space, acquisition-led scale is one route. At the same time, some large retailers (such as Reliance Retail) have chosen organic dark-store roll-outs rather than acquiring existing players.
- In Southeast Asia, key launches include GrabMart's expanded fresh product campaign in Thailand and an increase in the scale of merchant partners. These moves reflect both consolidation among major players and the increasing expansion of fulfillment and merchant ecosystems.
A Bundled Offering, Combining the Following 14 Reports, Covering 1,450+ Tables and 1,600+ Figures
- Asia-Pacific Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Australia Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Bangladesh Overall and Quick Commerce Market Business and Investment Opportunities Databook
- China Overall and Quick Commerce Market Business and Investment Opportunities Databook
- India Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Indonesia Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Japan Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Malaysia Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Philippines Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Singapore Overall and Quick Commerce Market Business and Investment Opportunities Databook
- South Korea Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Taiwan Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Thailand Overall and Quick Commerce Market Business and Investment Opportunities Databook
- Vietnam Overall and Quick Commerce Market Business and Investment Opportunities Databook
Report Scope
Quick Commerce Market Size and Growth Dynamics
- Gross Merchandise Value
- Gross Merchandise Volume
- Average Order Value
- Order Frequency per Year
Quick Commerce Market Segmentation by Product Type
- Groceries and Staples
- Fruits and Vegetables
- Snacks and Beverages
- Personal Care and Hygiene
- Pharmaceuticals and Health Products
- Home Decor
- Clothing and Accessories
- Electronics
- Others
Quick Commerce Market Segmentation by Payment Mode
- Instant Bank Transfer
- Wallets and Digital Payments
- Credit and Debit Cards
- Cash on Delivery
Quick Commerce Market Segmentation by Age Group
- Gen Z (15-25)
- Millennials (26-39)
- Gen X (40-55)
- Baby Boomers (Above 55)
Quick Commerce Market Segmentation by Location Tier
- Tier 1 Cities
- Tier 2 Cities
- Tier 3 Cities
Quick Commerce Market Segmentation by Business Model
- Inventory-led Model
- Hyper-local Model
- Multi-vendor Platform Model
- Others
Quick Commerce Market Segmentation by Delivery Time
- Delivery in 30 Minutes
- Delivery 30-60 Minutes
- Delivery in 3 Hours
Quick Commerce Consumer Behavior and Demographics
- Average Subscription Uptake by Age Group
- Average Subscription Uptake by Location Tier
- Average Subscription Uptake
- Average Delivery Time
Quick Commerce Revenue Structure and Composition
- Advertising Revenue
- Delivery Fee Revenue
- Subscription Revenue
Quick Commerce Operational Metrics by Product Type
- Gross Merchandise Value by Product Type
- Gross Merchandise Volume by Product Type
- Average Order Value by Product Type
- Order Frequency by Product Type
Quick Commerce Operational Metrics by Payment Mode
- Gross Merchandise Value by Payment Mode
- Gross Merchandise Volume by Payment Mode
- Average Order Value by Payment Mode
Quick Commerce Operational Metrics by Age Group
- Gross Merchandise Value by Age Group
- Gross Merchandise Volume by Age Group
- Average Order Value by Age Group
Quick Commerce Operational Metrics by Location Tier
- Gross Merchandise Value by Location Tier
- Gross Merchandise Volume by Location Tier
- Average Order Value by Location Tier
- Order Frequency by Location Tier
Quick Commerce Operational Metrics by Business Model
- Gross Merchandise Value by Business Model
- Gross Merchandise Volume by Business Model
- Average Order Value by Business Model
Quick Commerce Operational Metrics by Delivery Time
- Gross Merchandise Value by Delivery Time
- Gross Merchandise Volume by Delivery Time
- Average Order Value by Delivery Time
- Order Frequency by Delivery Time
For more information about this report visit https://www.researchandmarkets.com/r/ze361g
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