The global same day delivery market size reached US$ 4.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.46 Billion by 2027, exhibiting a growth rate (CAGR) of 18.50% during 2022-2027.
Same day delivery represents a shipping model where products are delivered within twenty-four hours. Based on the mode of transport, it can be categorized into airways, railways, roadways, intermodal, etc. Same day delivery services are commonly used by business-to-consumer (B2C), consumer-to-consumer (C2C), and business-to-business (B2B) end-users for facilitating the delivery of multiple products with ease and within a shorter time frame. They even reduce inventory costs, provide improved customer satisfaction, and help vendors maintain a competitive edge. Consequently, same day delivery solutions find widespread utilization in numerous sectors, including retail, e-commerce, healthcare, manufacturing, etc.
Industry Trends & DriversThe shifting preferences among consumers across the globe toward the several e-commerce channels for ordering grocery items, medical supplements, vegetables, fruits, and beverages and the growing requirement for getting the items delivered within a minimum time span are primarily driving the same day delivery market. Additionally, the increasing number of benefits offered by the e-commerce platforms, such as reduced shipment timing and logistics cost, discount offers, greater choices, and higher convenience, is acting as another significant growth-inducing factor.
Request For Sample Report: https://www.imarcgroup.com/same-day-delivery-market/requestsampleIn line with this, the emerging trend of integrating online shopping options by physical retail stores to offer enhanced customer experience is further stimulating the global market. Apart from this, the expanding proliferation of easy internet connectivity and the development of various smartphone, laptop, and desktop applications for placing orders are also positively influencing the market growth. Moreover, the elevating strategic collaborations among leading market players for introducing delivery wings while reducing costs on logistics is expected to fuel the same day delivery market over the forecasted period.
Same day delivery Market Report ScopeMarket size value in 2021
US$ 4.84 Billion
Market forecast in 2027
US$ 14.46 Billion
Growth Rate
CAGR of 18.50% from 2022 to 2027
Base year for estimation
2021
Historical data
2016-2021
Forecast period
2022-2027
Report coverage
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Segments covered
Service, Mode Of Transportation, Application And End User
Regional scope
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Key companies profiled
Amazon.com Inc., Aramex, Deutsche Post AG, Dropoff Inc., Econo-Courier, FedEx Corporation, Jet Delivery Inc., Need It Now Delivers, Power Link Expedite Corporation, United Parcel Service Inc., USA Couriers Inc. and XPO Logistics Inc.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Competitive Landscape:The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Amazon.com Inc., Aramex, Deutsche Post AG, Dropoff Inc., Econo-Courier, FedEx Corporation, Jet Delivery Inc., Need It Now Delivers, Power Link Expedite Corporation, United Parcel Service Inc., USA Couriers Inc. and XPO Logistics Inc.
Report Segmentation:The report has been segmented the market into following categories:
Breakup by Service:- International Service
- Domestic Service
- Retail
- E-Commerce
- Healthcare
- Manufacturing
- Documents and Letters
- Others
- Business to Business (B2B)
- Business to Customer (B2C)
- Customer to Customer (C2C)
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
Ask An Analyst: https://www.imarcgroup.com/request?type=report&id=5812&flag=CAbout Us:IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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