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<root>
    <author>ENA</author>
    <category>Sectors</category>
    <date>2025-04-01 14:45:34</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Apr 1 (KNN)&lt;/strong&gt; India has witnessed a remarkable shift in consumer shopping behaviour, with online purchases of fast-moving consumer goods (FMCG) increasing over threefold compared to last year.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The rise of q-commerce has gradually impacted traditional trade. Kirana stores, which accounted for 81 per cent of FMCG sales a year ago, saw their share slip to 79 per cent by December 2024, as more shoppers turned to online platforms.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;According to Kantars Asia Pulse Report, the percentage of online shopping occasions soared to 61 per cent in the October-December 2024 quarter from just 19 per cent a year earlier.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This surge has been primarily fueled by the rapid expansion of quick-commerce platforms, prompting FMCG companies to rethink their sales strategies.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Urban consumers now prioritise convenience over cost, accelerating the adoption of quick commerce. Grocery retailers are responding by offering deeper discounts and enhancing delivery speeds. Meanwhile, q-commerce platforms are streamlining operations to keep up with demand.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Interestingly, this trend diverges from China, where online shopping trips have remained stable at around 12-14 per cent. The Indian markets shift is largely driven by instant gratification, the report noted.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;E-commerce, including q-commerce, grew from 2 per cent to 3 per cent in the same period. However, supermarkets maintained an 8 per cent market share.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Major grocery retailers like DMart, Reliance Retail, and Spencers Retail have adapted by launching quick-commerce services and offering competitive pricing.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Traditional FMCG distributors, however, claim that deep discounting by q-commerce platforms is unfairly eroding their market position, prompting them to seek regulatory intervention.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Experts predict that with evolving shopping habits, q-commerce will continue to expand. A Bain &amp;amp; Flipkart report estimates that q-commerce accounted for two-thirds of e-grocery orders in 2024 and is projected to grow over 40 per cent annually through 2030, reshaping India's retail landscape.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>41602</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/quick-commerce-replacing-kirana-sales-in-fmcg-report</link>
    <pubDate>2025-04-01 14:45:34</pubDate>
    <source>knnindia.co.in</source>
    <title>Quick Commerce Replacing Kirana Sales In FMCG: Report</title>
</root>
