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.
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.
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.
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.
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Report Metric |
Details |
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Report Name |
Same Day Delivery Market |
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The market size in 2020 |
USD 11620 Million |
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The revenue forecast in 2027 |
USD 123050 Million |
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Growth Rate |
CAGR of 38.5% from 2021-2027 |
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Forecast period |
2021-2027 |
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Forecast units |
Value (USD) |
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Segments covered |
Type, End-User, Offerings, and Region |
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Report coverage |
Revenue & volume forecast, company share, competitive landscape, growth factors, and trends |
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Geographic regions covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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.
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.
Ans. The B2B segment is expected to hold the largest market share during the forecast period
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
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.
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