Fast Trading Sales Increase Over 280% In Two Years In India: Report

India fast trading industry has seen extraordinary growth, with sales increasing more than 280 percent in the last two years, according to a report by the financial services company Chryseum.

The report emphasized that Gross value of the goods (GMV) z fast trading in India grew from $0.5 billion in FY22 to a staggering $3.3 billion in FY24, an increase of 280%.

Fast trading, i.e. quick execution of small orders in a short time, is developing at a much faster pace than traditional trading. e-commerce.

The report noted that while the Indian e-commerce sector is witnessing an annual growth rate of 14%, fast commerce recorded an impressive annual growth rate of 73% in FY 2023-24. This highlights a significant change consumer behavior towards faster and more convenient delivery options.

India’s high-speed trade market is currently valued at $3.34 billion in 2024 and is projected to reach $9.95 billion by 2029, growing at a rate compound annual growth rate (CAGR) by over 4.5%. during the forecast period (2024–2029).

“The market size of the fast trading industry in India is estimated at USD 3.34 billion in 2024 and is expected to reach USD 9.95 billion by 2029,” the report said.

Despite this rapid growth, the sector remains relatively untapped, with a penetration rate of just 7 percent of the total addressable market, which is estimated to be worth $45 billion. This indicates a significant opportunity for further expansion as high-speed trade already outweighs the size of the food delivery market.

The report also mentions that to leverage this potential, fast trading platforms are increasingly partnering with manufacturers for direct sourcing, bypassing traditional distributor networks. This strategy enables platforms to streamline operations, reduce costs and offer more competitive prices to consumers.

“Quick Commerce platforms work with manufacturers for direct sourcing to bypass the traditional distributor network,” the report says.

Moreover, the technology infrastructure of fast trading platforms is designed to ensure continuous improvement of operational processes, increasing agility and speed throughout the value chain. These innovations help fast trading platforms deliver faster and more efficiently to meet growing demand immediate delivery in India.

As the industry continues to evolve, experts predict that high-speed trading will play an increasingly important role in India retail landscape.