The market size of China's non-food q-commerce reached around 504.29 billion yuan in 2022, marking an increase of 55.1 percent from 325.14 billion yuan in 2021. Back in 2017, this value stood at roughly 36.57 billion yuan. It was estimated that the market would maintain an annual growth rate of above 47 percent, achieving around 2508.27 billion yuan in 2026.
Market size of non-food quick commerce in China from 2017 to 2022, with forecasts from 2023 to 2026
(in billion yuan)
*Forecast. Values have been rounded to billion yuan. One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of April 2024). Catering takeaways and instant services were excluded from the calculation of the market size of quick commerce.
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199IT. (December 13, 2023). Market size of non-food quick commerce in China from 2017 to 2022, with forecasts from 2023 to 2026 (in billion yuan) [Graph]. In Statista. Retrieved September 21, 2024, from https://www.statista.com/statistics/1446175/china-sales-revenue-of-online-to-offline-instant-delivery-services/
199IT. "Market size of non-food quick commerce in China from 2017 to 2022, with forecasts from 2023 to 2026 (in billion yuan)." Chart. December 13, 2023. Statista. Accessed September 21, 2024. https://www.statista.com/statistics/1446175/china-sales-revenue-of-online-to-offline-instant-delivery-services/
199IT. (2023). Market size of non-food quick commerce in China from 2017 to 2022, with forecasts from 2023 to 2026 (in billion yuan). Statista. Statista Inc.. Accessed: September 21, 2024. https://www.statista.com/statistics/1446175/china-sales-revenue-of-online-to-offline-instant-delivery-services/
199IT. "Market Size of Non-food Quick Commerce in China from 2017 to 2022, with Forecasts from 2023 to 2026 (in Billion Yuan)." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1446175/china-sales-revenue-of-online-to-offline-instant-delivery-services/
199IT, Market size of non-food quick commerce in China from 2017 to 2022, with forecasts from 2023 to 2026 (in billion yuan) Statista, https://www.statista.com/statistics/1446175/china-sales-revenue-of-online-to-offline-instant-delivery-services/ (last visited September 21, 2024)
Market size of non-food quick commerce in China from 2017 to 2022, with forecasts from 2023 to 2026 (in billion yuan) [Graph], 199IT, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1446175/china-sales-revenue-of-online-to-offline-instant-delivery-services/