Anand Ramanathan, a Partner at Deloitte, forecasts a robust future for India's quick commerce sector, driven by demand in both metropolitan and tier-2 cities thanks to convenience-seeking consumers. However, he emphasizes that the market will face inevitable consolidation as the industry matures. Key factors influencing profitability will include the rise of private labels, the expansion of product categories, and tech-enhanced distribution systems. Additionally, traditional mom-and-pop stores are anticipated to modernize, allowing them to remain relevant and coexist with new retail formats, thereby reshaping the competitive landscape.
Anand Ramanathan predicts that while India's quick commerce sector is poised for rapid growth, it will also undergo significant consolidation in the coming years.
Rising demand in metropolitan and tier-2 cities is being led by convenience-focused consumers, indicating a shift in shopping habits and preferences.
Profits in the sector will increasingly rely on private labels, expansion of categories, and technology-driven distribution methods to enhance efficiency and service.
Traditional mom-and-pop stores are adapting by modernizing, suggesting that they will continue to coexist with emerging retail formats in this evolving landscape.
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