0
2021
Same Day Delivery Market

Same Day Delivery Market

by Application (Retail, E-Commerce, Healthcare, Manufacturing, Documents & Letters and Others), Mode of Transportation (Airways, Roadways, Railways and Intermodal), and End User (B2B, B2C and C2C): Global Opportunity Analysis and Industry Forecast, 2020-2027

Report Code: A07162
Pages: 210
May 2021 | 12969 Views
Author(s) : Abhay S , Sonia M
Tables: 107
Charts: 61
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Same Day Delivery Market

Request Now !

Same Day Delivery Market Statistics - 2027

The global same day delivery market was valued at $5.78 billion in 2019, and is projected to reach $20.36 billion by 2027, registering a CAGR of 21.1%.

The outbreak of COVID-19 has resulted in flight cancellations, travel bans, and quarantines, which led to massive slowing of the supply chain and logistics activities across the world. As a consequence of the coronavirus outbreak, important supply chains in the logistics and transportation industry are hampered, though differently across the air, freight, and sea sectors. Logistics firms, which are involved in the movement, storage, and flow of goods, have been directly affected by the COVID-19 pandemic. The most common reasons for the decline in the growth are attributed to movement restrictions, border controls & closures, and health screening. The same day delivery market also registered a decline in the business due to the closure of national & international borders, which has halted the movement of freight carriers.

Same day delivery is the process of delivering the product from manufacturers to the end user within a shorter time span. The same day delivery services in the logistics industry has gained traction as they offer lucrative business growth and expansion opportunities for service providers. Moreover, due to the increased demand for having the product in a shorter time span, manufacturers have opted for usage of quick product delivery, which has provided lucrative growth opportunities for the growth of market. Also, numerous advantages improving the customer experience toward reducing the cost of logistics services have been offered by same day delivery services, which also leads to the growth of the global same day delivery market. 

Same-Day-Delivery-Market-2020-2027

Factors such as development of the e-commerce industry and increase in trading activities due to globalization provides lucrative opportunities for the growth of the same day delivery market. However, poor infrastructure & higher logistics costs and lack of control of manufacturers & retailers on logistics service are the factors that hamper the growth of the market. Meanwhile, emergence of last mile deliveries coupled with logistics automation and cost cutting & lead time reduction due to adoption of multi-modal system are the factors that are expected to provide opportunities for the growth of the global same day delivery market in the near future.

The global same day delivery market is segmented into application, mode of transportation, end user and region. Based on the application, the market has been categorized into retail, e-commerce, healthcare, manufacturing, documents & letters and others. Based on the mode of transportation, the global same day delivery market has been categorized into airways, roadways, railways and intermodal. Moreover, the end users such as B2B, B2C and C2C are involved in the market. Region wise, the global same day delivery market is studied across North America, Europe, Asia-Pacific, and LAMEA. 

Key players operating in the global same day delivery market include A1 Express Services Inc., Aramex, DHL, Dropoff, Inc., FedEx Corp., Jet Delivery, Inc., Power Link Expedite, United Parcel Service of America, Inc. USA Couriers and XPO Logistics, Inc. 

Development of e-commerce industry

E-commerce refers to the buying and selling of goods by using internet. Same day delivery service providers carry out shipping of products to consumers within 24 hours of placing an order. In addition, the e-commerce industry utilizes same day delivery service to manage and oversee the supply chain of e-commerce companies, which allows these companies to focus on marketing and other business operations. Therefore, due to numerous benefits provided by same day delivery service providers to the ecommerce industry, adoption of such quick delivery service is increasing at a significant rate, which, in turn, drives the growth of the same day delivery market.

Same Day Delivery Market
By Application

Your browser does not support the canvas element.

Healthcare is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

Increase in trading activities due to globalization

Dynamic market conditions and global economy movement are the key factors driving globalization. Various activities related to trade have been witnessed to increase, owing to rise in globalization from the last several years. Moreover, growing globalization leads to increased manufacturing and trade activities across the globe. Growing trade activities require efficient transportation solution for goods transportation.

Manufacturers or retailers find it difficult to keep a track of transportation activities in an effective manner; hence, freight transportation companies support these manufacturers to keep a track and control transportation and supply chain activities, including warehousing, distribution, and fulfillment services. The growing trade activities and increasing concern toward seamless transportation activities are expected to drive the growth of the same day delivery market across the globe. 

Same Day Delivery Market
By Mode Of Transportation

Your browser does not support the canvas element.

Roadways is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

Moreover, development of the overseas market is a significant factor that fuels the growth of the industry. Trade activities within cities & nearby countries are anticipated to support the growth of the same day delivery market in the coming years. Same day delivery services are becoming extremely vital for price-sensitive customers who require a wider choice of high-quality products with timely delivery. Therefore, increase in trading activities due to globalization fuels the growth of the same day delivery market. 

Poor infrastructure and higher logistics costs

Logistics need good infrastructure, supply chain, and trade facilitation. Without these, firms have to build up more stock reserves and working capital, which can strongly affect national and regional competitiveness due to high financial costs. Moreover, lack of infrastructure hinders the logistics market as it increases costs and reduces supply chain reliability, including significant inefficiencies in transport, poor condition of storage infrastructure, complex tax structure, low rate of technology adoption, and poor skills of logistics professionals. 

Same Day Delivery Market
By End User

Your browser does not support the canvas element.

B2C is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

Further, the absence of proper refrigerated storages & containers and poor facilities & management result in high level of loss, damage, and deterioration of stock mainly in perishable goods. Furthermore, lack of skilled workers, IT standard, & equipment and poor systems integration have been among the key reasons for under development of the overall supply chain. Infrastructure directly influences transport costs and indirectly affects the level of inventories, and consequently financial costs. Therefore, owing to poor transport infrastructure, firms need to have high levels of inventories to account for contingencies, which can result in higher overall logistics cost. Therefore, poor infrastructure along with high inventory prices and insufficient warehousing space are expected to hamper the growth of same day delivery market.

Emergence of last mile deliveries coupled with logistics automation

Last mile logistics refers to the final step of the delivery process from a distribution center or facility to the end-user. With continuous increase in proliferation of e-commerce companies, the provision of same day last mile deliveries is witnessing a major upswing in the logistics industry. In addition, getting a package within the same day of delivery is almost common in the present day, resulting in the growth of last mile delivery services. Moreover, due to rise in demand for groceries, perishables and food & beverages, the e-commerce industries are also witnessing greater emphasis on same day last mile delivery options across logistics industries. Furthermore, the continuous effort of logistics companies to offer efficient & timely last mile deliveries is another opportunity that is expected to fuel the same day delivery market growth in near future. 

Same Day Delivery Market
By Region

2027
Asia-pacific 
North America
Europe
LAMEA

North America would exhibit the highest CAGR of 22.6% during 2020-2027.

Get more information on this report : Request Sample Pages

Covid-19 Impact Analysis

  • The outbreak of COVID-19 has resulted in flight cancellations, travel bans, and quarantines, which led to massive slowing of the supply chain and logistics activities across the world.
  • As a consequence of the coronavirus outbreak, important supply chains in the logistics and transportation industry are hampered, though differently across the air, freight, and sea sectors.
  • Logistics firms, which are involved in the movement, storage, and flow of goods, have been directly affected by the COVID-19 pandemic.
  • The most common reasons for the decline in the growth are attributed to movement restrictions, border controls & closures, and health screening.
  • The same day delivery market also registered a decline in the business due to the closure of national & international borders, which has halted the movement of freight carriers.

Key Benefits For Stakeholders

  • This study presents the analytical depiction of the global same day delivery market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall same day delivery market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global same day delivery market with a detailed impact analysis.
  • The current same day delivery market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Application

  • Retail 
  • E-Commerce
  • Healthcare
  • Manufacturing
  • Documents & Letters
  • Others

By Mode of Transportation

  • Airways
  • Roadways
  • Railways
  • Intermodal

By End User 

  • B2B
  • B2C
  • C2C

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany 
    • France 
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan 
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • A1 Express Services Inc.
  • Aramex
  • DHL
  • Dropoff, Inc.
  • FedEx Corp.
  • Jet Delivery, Inc.
  • Power Link Expedite
  • United Parcel Service of America, Inc.
  • USA Couriers
  • XPO Logistics, Inc.
 

Loading Table Of Content...


 
 

Same day delivery services are considered to be efficient as they reduce the extra time incurred in transportation of product from one place to another by making the product available at a nearby warehouse. Also, the increased income of consumers followed by the need to have a product available in a shorter time span has enabled the manufacturers to opt for quick delivery of products. This has provided lucrative growth opportunities for the manufacturers to enter into strategic alliance with the same day delivery service providers to deliver the product from one place to another in a shorter time span. For instance, in 2019, Dropoff partnered with Partell Compounding Pharmacy for reliable delivery of medicines in a speculated time period.  

At present, numerous companies are operating in the global same day delivery services, owing to the increased demand for quick delivery of products, which has supplemented the growth of the global market.

Factors such as development of the e-commerce industry and increase in trading activities due to globalization provides lucrative opportunities for the growth of the same day delivery market. However, poor infrastructure & higher logistic costs and lack of control of manufacturers & retailers on logistics service are the factors that hamper the growth of the same day delivery market. Meanwhile, emergence of last mile deliveries coupled with logistics automation and cost cutting & lead time reduction due to adoption of multi-modal system are the factors that are expected to provide opportunities for the growth of the global same day delivery market in the near future.

Among the analyzed regions, Asia-Pacific is the highest revenue contributor, followed by Europe, North America and LAMEA. On the basis of forecast analysis, North America is expected to maintain its lead during the forecast period, owing to increase in demand for same day delivery of products across the region. 
 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The global same day delivery market was valued at $5,780.43 million in 2019, and is projected to reach $20,363.73 million by 2027, registering a CAGR of 21.1%.

A. Post covid imapct shows a lucrative growth in the global same day delivery market due to the increased demand for products to be delivered in a shorter time span.

A. The sample for global same day delivery market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. There are certain upcoming trands in same day delivery market such as technological advancement in the delivery of products followed by the introduction of autonomous means to deliver the product.

A. The key growth strategies adopted by the same day delivery market players includes business expansion, collaboration, product launch, agreement and partnership. These strategies opted by various industry players is leading to the growth of the same day delivery market as well as the players.

A. The company profiles of the top market players of same day delivery market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the same day delivery market.

A. Asia-Pacific is expected to provide lucrative opportunities for the growth of the market and China & Japan are the top countries holding majority of market share in the global market.

A. Application is the most influencing segment in the global same day delivery market and is expected to provide lucrative opportunities for the growth of the global market.

A. Italy, India, Canada are some of the kery matured markets growing in the global same day delivery market.

A. Technological advancement in same day delivery and increasing initiatives for the development of quick product delivery infrastructure have strong impact on the global same day delivery market.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Same Day Delivery Market

Start reading instantly.
This Report and over 19,668+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (May 2022 - May 2023)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2022 - May 2023)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2022 - May 2023)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2022 - May 2023)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (May 2022 - May 2023)
  • Library
    Membership

  • $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers