Quick commerce market size in India (2026)

Updated October 2026

India’s quick commerce market size was about US$13 billion in FY26 (April 2025 to March 2026). Forecasts put it at US$70–90 billion by FY31.

It roughly doubled in a year, from about ₹30,000 crore of gross order value in FY24 to about ₹64,000 crore in FY25. About 28 million people in cities use these apps.

Market-size figures are estimates and forecasts. None of them is audited, and each one measures something slightly different. Use them for information only, not as investment advice. Before you invest, check company results on NSE, BSE or SEBI, or speak to a SEBI-registered adviser.

Quick commerce market size in India by year, FY24 to FY31

PeriodValueMeasureType
FY24₹30,000 croreGross order valueEstimate
CY2024about US$7 billionMarket sizeEstimate
FY25₹64,000 crore (about US$7.5 billion)Gross order valueEstimate
End-2025about US$11.5 billion run-rateAnnualisedEstimate
FY26about US$13 billionMarket sizeEstimate
FY28more than ₹2 lakh croreProjectionProjection
To 2030more than 40% a yearGrowth projectionProjection
FY31US$70–90 billionProjection; 41–48% annual growthProjection

Indian financial years run from April to March, so FY26 is April 2025 to March 2026. Each estimate defines the market a little differently. Read the rows as a rough guide, since they do not form one series.

Market size counts the full value of goods ordered (gross order value or GMV), not the apps’ own revenue. On a marketplace order the app keeps only about 15–16% as revenue, so company revenue figures look much smaller than the market.

Two forecasts agree on the pace. One from March 2025 expects quick commerce to grow more than 40% a year until 2030. Another from October 2026 projects 41–48% a year to FY31. Neither figure comes from the companies themselves.

How many people in India use quick commerce apps

These are estimates or forecasts from October 2026.

Urban users
about 28 million today, rising to about 50 million
Monthly active buyers
expected to pass 100 million within five years
Smaller-city users
monthly active users up four to five times, to as many as 60 million by 2031
Share of metro retail
about 6% of all retail spending in metros today, projected at 20–23%
Beauty, home and electronics
US$3 billion in FY26, projected at US$21–27 billion by 2031
Festive season 2026
quick-commerce sales expected up 110% year on year, about 18% of online festive shopping

Quick commerce is already how most Indians buy groceries online. In 2024 it handled more than two-thirds of all online grocery orders and about 10% of e-retail spending. By 2025 its share of e-retail GMV had reached 16–17%. Each of these figures is dated in quick-commerce statistics.

What is driving quick commerce growth in India

The listed apps are still growing fast: Blinkit’s net order value rose 79.3% year on year in July–September 2026, according to the quarterly results of Blinkit, Instamart and Zepto.

Where the quick commerce market is concentrated

No one publishes sales by city, but dark stores follow demand, so store counts by city show where the money is. The 10 biggest cities hold 51.4% of all dark stores. Metros and other tier-1 cities hold 60.5%, tier-2 cities 20.8% and tier-3 towns 18.7%.

Metro stores are also busier, so the metros’ share of sales is likely higher still.

Risks to quick commerce growth: crowded metros and losses

The metros are getting crowded. In July 2026 they had about 4,300 dark stores, while only about 3,600 could run at a profit. Among the big three apps, only Blinkit has positive adjusted EBITDA, and the unit economics of a single order show why volume matters so much.

Sources

  1. Outlook Business, 10 Jul 2025: Q-comm orders double to ₹64,000 crore in FY25, to touch ₹2 lakh crore by FY28 (CareEdge)
  2. YourStory, 7 Oct 2026: Quick commerce in India set for $90B boom by 2031 (Google–Redseer study)
  3. Apparel Resources, 10 Jun 2026: Instamart’s share among q-commerce players declines from 34% to 21% in two years
  4. Outlook Business, 23 Jul 2026: Blinkit widens quick-commerce lead, matches Zepto and Instamart combined
  5. Inc42, 22 Jul 2026: Blinkit’s Q1 adjusted EBITDA rises to ₹102 crore
  6. Kotak Neo, 21 Oct 2026: Eternal Q2 FY27 results, Blinkit adds 308 stores
  7. Inc42, Jul 2026: Swiggy’s Instamart turns a corner (Q1 FY27)
  8. Outlook Business, 10 Jun 2026: IPO-bound Zepto doubles revenue in FY26 but losses reach ₹5,905 crore