Will all the shops in the country be closed? Quick Commerce is changing the retail eco system

Quick Commerce Report: Quick commerce service is developing rapidly in India. This is a service in which the goods are delivered to the consumer within 10 to 30 minutes. It is estimated that India’s quick commerce market will grow 10 times by the year 2030. However, with the rapid emergence of quick commerce, retailers will also have to be prepared to meet new challenges. Here we are going to tell you about 5 such trends, which will impact brands, consumers, delivery partners and retail ecosystem within 3-5 years.

Dark Store will take modern avatar

In the coming time, many quick commerce brands will redesign the dark store so that it has seating and parking space for staff and delivery partners. Space in cities is limited and expensive. In such a situation, some real estate projects will be designed in such a way that they meet these needs of quick commerce.

Many new categories will emerge

As the market for quick commerce grows, competition will increase from offline retailers, e-commerce and quick commerce from different brands. In such a situation, many new categories of fashion, electronics, home furnishing, fitness and wellness will emerge. Besides, the product return/exchange feature will also be made superfast. Due to this, the demand for large real estate properties (8,000-10,000 square feet or more) will also increase rapidly.

Quick Commerce penetration in India

Now Quick Commerce service is not limited to just big cities, but some brands have reached more than 40 cities. As this trend increases, many challenges will also emerge. As property prices increase, traffic patterns change, order volumes increase or decrease, it will be difficult to choose a better location for a dark store.

Pollution will increase rapidly

More and more vehicles will hit the road for order delivery, so it is obvious that noise and air pollution will increase. This will also affect lifestyle and quality of living.

Competition will increase in grocery stores

Since consumers will give priority to speed and home-based service, nearby grocery stores will also have to bear the pressure. In such a situation, grocery stores can also compete with quick service in the coming time and can show speed in delivering goods at home.

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