Quick Delivery Commerce Market Size, Share, Growth Analysis, By Delivery Time Frame(Ultra-Fast Delivery, Same Day Delivery, and Scheduled Delivery), By Application(Retail & E-Commerce, Healthcare, Manufacturing, and Others), By End User(B2C, C2C), By Region - Industry Forecast 2024-2031

Quick Delivery Commerce Market size was valued at USD 92.88 billion in 2019 and is poised to grow from USD 106.89 billion in 2023 to USD 291.17 billion by 2031, growing at a CAGR of 13.10% in the forecast period (2024-2031). 

Instant Delivery or Quick Delivery Commerce is the next stage of eCommerce and is all about delivering products and services to customers quickly (in less than an hour). While eCommerce has transformed traditional retail, the average delivery time remains between 3 and 5 days, and large orders are frequently encouraged. Quick commerce takes it a step further by delivering small orders almost instantly, whenever and wherever customers require them. It promotes shopping on-demand rather than shopping for a long list all at once, a trend that is quickly catching on, particularly in the food and grocery industries.

Instant grocers provide the products typically within 30 minutes, with drivers riding electric bikes or scooters and fulfilling orders from urban dark stores or micro-fulfillment centers. Instant Delivery Services is fundamentally changing consumer purchasing behavior and the grocery retail market as a whole by offering faster delivery options (in as little as 10 minutes) and a more convenient shopping experience.

Unlike large warehouses on the outskirts of cities to fulfill eCommerce orders, quick commerce uses small fulfillment centers in multiple locations throughout the city to deliver orders quickly. Quick commerce success is largely dependent on strong warehousing and delivery partners, advanced online ordering systems, appropriate product assortments, and Quick Delivery Commerce turnaround times. Businesses in this retail format typically keep limited, high-demand inventory in their warehouses, ready to be dispatched to nearby areas as soon as orders are placed.

US Quick Delivery Commerce Market is poised to grow at a sustainable CAGR for the next forecast year.