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Same Day Delivery Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2023
Published Date: January 2020
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Report Code: QYRE-Auto-18U764
Home | Market Reports | Business & Industrial| Transportation & Logistics| Mail & Package Delivery
Global Same day Delivery Market Size Status and Forecast 2020 2026
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Same Day Delivery Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2023

Code: QYRE-Auto-18U764
Report
January 2020
Pages:133
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Same Day Delivery Market Statistics 2027

The global Same Day Delivery Service market was valued at US$ 21140 million in 2022 and is anticipated to reach US$ 58530 million by 2029, witnessing a CAGR of 18.5% during the forecast period 2023-2029. Because they enable service providers to develop and grow their operations successfully, same-day delivery services have gained popularity in the logistics sector. The market for same-day delivery is therefore anticipated to expand. Due to the increased demand for products in a shorter time frame, manufacturers have chosen to deliver products quickly, resulting in attractive growth potential. Additionally, there are several benefits of same-day delivery services, including increased customer satisfaction and reduced logistical expenses, all of which support the market's expansion. 

Same Day Delivery market

Same-day delivery has the potential to transform our shopping habits. It blends the ease of online shopping with the promptness of brick and mortar establishments. Many companies have recently started experimenting with and putting innovative same-day delivery strategies into practice. With the consumers' appealing value proposition of same-day delivery, demand is anticipated to soar.

Same Day Delivery Market share

Trends Influencing Growth Of Same Day Delivery Market

The market for same-day delivery is anticipated to expand significantly as online sales and e-commerce companies expand. The convenience of online retail shopping is paired with the promptness of physical retail establishments with same-day delivery. The size of the same-day delivery market is driven by the simplicity of ordering through online channels and the speedier shipment times.

Also, a notable rise in B2C shipping has been brought on by the ongoing displacement of stationary retail sales by online sales made possible by e-commerce platforms. The market for same-day delivery is therefore anticipated to grow in lockstep with the rise in shipments and the demand from customers for quicker delivery services.

The expansion of the same-day delivery business is anticipated to be constrained by the requirement for a substantial distribution infrastructure and the high initial investment. To prevent late deliveries, companies in the same-day delivery industry must concentrate on creating an efficient delivery infrastructure. In order to offer distribution services to its clients, the biggest e-commerce platforms are also setting up their own logistics businesses.

Owing to the global COVID-19 pandemic, customers' buying habits abruptly altered. Instead of purchasing in bulk, they now shop online, changing what they buy, where they buy it, and how they buy it. Many governments all over the world insist that e-commerce businesses only fill orders for necessities like groceries, which will be detrimental to the profitability of the sector.

Same Day Delivery market size

Same Day Delivery Market Share Analysis

Due to the rising number of e-commerce companies and online customers, the Asia Pacific region currently holds a dominant position in the same-day delivery market. This region has dominated the market share as a result of growing urbanisation, internet use, and smartphone use.

Furthermore, due to the presence of prominent corporations like FedEx, A1 Express Services Inc., and United Parcel Service of America, Inc. in the region, North America is anticipated to develop significantly over the course of the projection year.        

Major Key Players in the Same Day Delivery Market 

  • A-1 Express
  • DHL
  • FedEx
  • TForce Final Mile
  • UPS
  • USA Couriers
  • American Expediting
  • Aramex
  • Deliv
  • Express Courier
  • LaserShip
  • Parcelforce Worldwide
  • NAPAREX
  • Power Link Delivery
  • Prestige Delivery
  • CitySprint

Same Day Delivery Market Segments

Same Day Delivery Market by Type

  • B2B
  • B2C

Same Day Delivery Market by Application

  • Food
  • Consumer

Same Day Delivery Market by Regions/Countries

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

The Study Objectives of this Report are

  • To analyze global Same-day Delivery status, future forecast, growth opportunity, key market and key players.
  • To present the Same-day Delivery development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
  • To strategically profile the key players and comprehensively analyze their development plan and strategies.
  • To define, describe and forecast the market by type, market and key regions.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Scope of Same Day Delivery Market Report

Report Metric Details
Report Name Same Day Delivery Market
The market size in 2022 USD 21140 Million
The revenue forecast in 2029 USD 58530 Million
Growth Rate CAGR 18.5%
Market size available for years 2022-2029
Forecast units Value (USD)
Segments covered Type, Application, Industry, Regions
Report coverage Revenue & volume forecast, company share, competitive landscape, growth factors, and trends
Geographic regions covered North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. What is the global market size of the same-day delivery market report?

Ans. The global Same Day Delivery Service market was valued at US$ 21140 million in 2022 and is anticipated to reach US$ 58530 million by 2029, witnessing a CAGR of 18.5% during the forecast period 2023-2029.

2. What is the global impact of Post COVID-19 scenario in same day delivery market growth?

Ans. Many governments worldwide demand that e-commerce businesses only fulfill orders for vital items, such as groceries, which are likely to impact the industry's profitability.

3. Which is the most influencing segment growing in the same day delivery market report?

Ans. The B2B segment is expected to hold the largest market share during the forecast period

4. Which region will provide more business opportunities for same day delivery market in future?

Ans. The Asia Pacific dominates the same-day delivery market share due to an increasing number of e-commerce companies, along with the rising number of online shoppers

5. Who are the major players in the same day delivery market?

Ans. Some key players operating in the same day delivery market include A-1 Express, DHL, FedEx, TForce Final Mile, UPS, USA Couriers, American Expediting, Aramex, Deliv, Express Courier, LaserShip, Parcelforce Worldwide, NAPAREX, Power Link Delivery, Others.

Table of Content

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