A Europe Quick E-Commerce (Quick Commerce) Market, By Business Model (Dark Stores, Cloud Stores, Hybrid Stores, Dark Warehouses, and 3PL Utilization), By Product Category (Groceries, Food & Beverage

Europe Quick E-Commerce (Quick Commerce) Market, By Business Model (Dark Stores, Cloud Stores, Hybrid Stores, Dark Warehouses, and 3PL Utilization), By Product Category (Groceries, Food & Beverage, Alcohol, Health & Beauty, Household Products, Pet Care, and Others).

The Europe Quick E-Commerce (Quick Commerce) market size was estimated to be valued at US$ 6.85 billion in 2023 and is expected to reach US$ 14.39 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.2% from 2023 to 2030.

Figure 1. Europe Quick E-Commerce (Quick Commerce) Market Share (%), By Country, 2023

E-commerce has been transformed by the advent of Quick Commerce, or Q-Commerce, which promises the delivery of products and services within mere minutes, greatly enhancing customer convenience. This cutting-edge market merges the swift, user-friendly nature of online shopping with immediate delivery solutions, offering an unparalleled purchasing journey. Leading this charge are Quick E-commerce entities such as Getir, Gorillas, Gopuff, Jokr, Flink, Zapp, Wolt, Bolt, Deliveroo, Just Eat Takeaway, Delivery Hero, and Uber Eats, which have all experienced substantial growth recently due to their ability to meet the rising demand for rapid delivery services.

Market Dynamics:

The Europe quick e-commerce market is witnessing rapid growth, driven by several key factors. the rising demand for on-demand delivery services has fueled the expansion of Quick E-commerce platforms. Consumers' busy lifestyles and the need for instant gratification have created a booming market for quick and convenient shopping.

Additionally, the COVID-19 pandemic has further accelerated the adoption of Quick E-commerce. Lockdown restrictions and social distancing measures have prompted a surge in online shopping, with consumers seeking contactless delivery options. Quick E-commerce platforms have thrived in this environment, offering fast and reliable delivery services to meet the increased demand.

In terms of market restraints, one challenge faced by Quick E-commerce platforms is ensuring operational efficiency while maintaining the quality and freshness of products. As the emphasis is on speed, maintaining the integrity of perishable goods and managing logistics can be complex.

However, this market also presents numerous opportunities. The expansion of Quick E-commerce to new geographical regions, as well as the diversification of product offerings, opens up avenues for growth. Furthermore, partnerships with traditional retailers and strategic collaborations can enhance the market reach and customer base.

Key Features of the Study:

• This report provides an in-depth analysis of the quick e-commerce (quick commerce) market, and provides market size (us$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the quick e-commerce (quick commerce) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include getir, gorillas, gopuff, jokr, flink, zapp, wolt, bolt, deliveroo, just eat takeaway, delivery hero, uber eats, and others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The quick e-commerce (quick commerce) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the quick e-commerce (quick commerce) market.

Detailed Segmentation:

• By Business Model
• Dark Stores
• Cloud Stores
• Hybrid Stores
• Dark Warehouses
• 3PL Utilization
• By Product Category
• Groceries
• Food & Beverage
• Alcohol
• Health & Beauty
• Household Products
• Pet Care
• Others
• By Country
• Germany
• U.K.
• Spain
• France
• Italy
• Russia
• Rest of Europe
• Top companies in Smart Technologies Market
• Getir
• Gorillas
• Gopuff
• Jokr
• Flink
• Zapp
• Wolt
• Bolt
• Deliveroo
• Just Eat Takeaway
• Delivery Hero
• Uber Eats
• DoorDash
• Instacart
• Picnic
• Weezy
• Zapp
• Jiffy
• Cajoo
• Dija