New Delhi: India's quick commerce market is projected to expand nearly seven-fold to USD 90 billion by FY2031 from about USD 13 billion in FY2026, driven by deeper penetration in metro households and rapid user growth across non-metro markets, according to a Google and Redseer Strategy Consultants report.
The report said monthly transacting users are expected to exceed 100 million nationwide by FY2031. Metros are expected to account for about 60 per cent of incremental growth during the period, while the share of quick commerce in metro retail spending could rise from around 6 per cent currently to 20-23 per cent.
