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Same Day Delivery Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021-2027
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

Same Day Delivery Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021-2027

Code: QYRE-Auto-18U764
Report
January 2020
133 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

Same Day Delivery Market Statistics 2027

The global Same-day Delivery market size is projected to reach US$ 123050 million by 2027, from US$ 11620 million in 2020, at a CAGR of 38.5% during the forecast period 2021-2027. Same-day delivery services have grown in popularity in the logistics industry because they allow service providers to grow and expand their businesses profitably. As a result, the Same Day Delivery market is expected to grow. 

 
Same Day Delivery Market
 
Furthermore, as a result of the increased demand for products in a shorter time frame, manufacturers have chosen to deliver products quickly, resulting in attractive growth potential. Same-day delivery services also have several advantages, such as improving customer satisfaction and lowering logistical costs, all of which contribute to the market's growth.
 
Global Same-day Delivery key players include A-1 Express, DHL, TForce Final Mile, UPS, USA Couriers, etc. Global top five manufacturers hold a share of about 30%. USA and China is the largest market, both with a share of about 25%, followed by Europe, with a share of about 15 percent. In terms of application, the largest application is B2B, followed by B2C.
 
Same-day delivery has the potential to transform our shopping habits. It combines the convenience of online shopping with the immediacy of physical stores. In recent years, an increasing number of businesses have begun testing and implementing new same-day delivery models. Given the compelling value proposition of same-day delivery for consumers, demand is expected to skyrocket.
 
Same Day Delivery Market  share

Trends Influencing The Growth Of Same Day Delivery Market

The market for same-day delivery is expected to grow dramatically as online transactions and e-commerce businesses grow. With same-day delivery, the convenience of online retail shopping is combined with the immediacy of physical retail stores. The ease of ordering through online platforms and the shorter shipping time drive the size of the Same Day Delivery Market.

In addition, the continued substitution of online sales via e-commerce platforms for stationary retail sales has resulted in a significant increase in B2C shipments. As a result, the market for same-day delivery is expected to expand in lockstep with the increase in shipments and customer demand for faster delivery services.

The necessity for extensive distribution infrastructure, combined with the hefty initial investment, is expected to limit the size of the same-day delivery market. Businesses in the same-day delivery market must focus on developing effective delivery infrastructure to avoid late deliveries. In addition, the major e-commerce platforms are establishing their own logistics operations in order to provide distribution services to their customers.

Same Day Delivery Market Size

Due to the global COVID-19 epidemic, which is projected to take a long time to resolve, e-commerce is experiencing new challenges in customer behavior as well as broad supply chain issues. Customers' purchasing patterns change overnight as they switch from bulk buying to internet shopping, where they change what they buy, where they buy it, and how they buy it. Many governments around the world demand that e-commerce companies only fill orders for essential commodities like groceries, which will have a negative influence on the industry's profitability.

Same Day Delivery Market Share Analysis

The B2B segment is expected to have the largest market share during the forecast period. Manufacturers, merchants, and distributors are among the B2B category's end-user clients. Business development is aided by the introduction of online B2B e-commerce platforms. Furthermore, the B2B category has a larger market share due to the heavyweight of the goods, resulting in higher product delivery costs.

The Asia Pacific dominates the same-day delivery market, thanks to an increasing number of e-commerce businesses and online buyers. Due to rising urbanization, internet penetration, and smartphone use, this area has dominated the market share.

North America is expected to grow significantly over the forecast period due to the presence of major businesses such as FedEx, A1 Express Services Inc., and United Parcel Service of America, Inc. in the region.

The industry has become more consolidated as a result of the involvement of well-known global corporations. To stay competitive in the industry, companies rely heavily on mergers, acquisitions, and joint ventures or partnerships.

Furthermore, market players concentrate on enhancing their market presence through a variety of growth strategies. These strategies help businesses expand their global market and strengthen their products in specific areas.

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 the Same Day Delivery Market Report

Report Metric

Details

Report Name

Same Day Delivery Market

The market size in 2020

USD 11620 Million

The revenue forecast in 2027

USD 123050 Million

Growth Rate

CAGR of 38.5% from 2021-2027

Forecast period

2021-2027

Forecast units

Value (USD)

Segments covered

Type, End-User, Offerings, and Region

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 market size is projected to reach US$ 123050 million by 2027, from US$ 11620 million in 2020, at a CAGR of 38.5% during 2021-2027.

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

 

List of Tables & Figures

 

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