From the selected regions, the ranking by revenue in the 'Quick Commerce' segment of the online food delivery market is forecast to be led by China with 118.64 billion U.S. dollars. In contrast, the ranking is trailed by Malaysia with 0.11 billion U.S. dollars, recording a difference of 118.53 billion U.S. dollars to China.
Data provided by Statista Market Insights are estimates.
Definition:
The Quick Commerce market focuses on online grocery delivery services that provide customers with last-mile delivery (Instacart), or operate ghost stores where product selection is limited but delivery time is faster (e.g. Gorillas, Getir and Glovo). In this case, the platform handles the delivery process. This also includes grocery delivery platforms where delivery is advertised under 3 hours, although, most players advertise to deliver in under 30 minutes.
Additional Information
Revenue figures refer to Gross Merchandise Value (GMV). User and revenue figures represent B2C services.
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Statista. (December 5, 2023). Quick commerce grocery delivery market revenue in the Asia-Pacific region from 2020 to 2028, by country or territory (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1376134/apac-quick-commerce-market-revenue-by-country
Statista. "Quick commerce grocery delivery market revenue in the Asia-Pacific region from 2020 to 2028, by country or territory (in billion U.S. dollars)." Chart. December 5, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1376134/apac-quick-commerce-market-revenue-by-country
Statista. (2023). Quick commerce grocery delivery market revenue in the Asia-Pacific region from 2020 to 2028, by country or territory (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1376134/apac-quick-commerce-market-revenue-by-country
Statista. "Quick Commerce Grocery Delivery Market Revenue in The Asia-pacific Region from 2020 to 2028, by Country or Territory (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Dec 2023, https://www.statista.com/forecasts/1376134/apac-quick-commerce-market-revenue-by-country
Statista, Quick commerce grocery delivery market revenue in the Asia-Pacific region from 2020 to 2028, by country or territory (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1376134/apac-quick-commerce-market-revenue-by-country (last visited November 21, 2024)
Quick commerce grocery delivery market revenue in the Asia-Pacific region from 2020 to 2028, by country or territory (in billion U.S. dollars) [Graph], Statista, December 5, 2023. [Online]. Available: https://www.statista.com/forecasts/1376134/apac-quick-commerce-market-revenue-by-country
