Global Same Day Delivery Market By Application (Retail, E-Commerce, Healthcare, Manufacturing, Documents and Letters and Others), Mode of Transportation (Airways, Roadways, Railways and Intermodal), and End User (Business to Business (B2B), Business to Customer (B2C) and Customer to Customer (C2C)), Service (International Service and Domestic Service), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Same Day Delivery Market
Surge in the import and export activities globally, growing increasing adoption of contract manufacturing and new technologies in courier supply chain network systems and rapid integration and interconnection between the developed and developing economies are the major factors attributable to the growth of the same day delivery market. Data Bridge Market Research analyses that the same day delivery market will exhibit a CAGR of 20.40% for the forecast period of 2021-2028. This means that the same day delivery market, which was USD 4562 million in 2020, would stand tall at a market value of USD 20144.99 million by 2028.
From the name itself, it is clear that same day delivery is the delivery of products from the manufacturer to the end user on the same day. Same day delivery involves the delivery of products via different modes of transportation. Many companies provide this advanced courier service to enhance the customer experience.
Increased number of cross-border courier services coupled with growth in the demand for having the product in a shorter time span will emerge as the major same day delivery market growth driving factor. Growing focus of the manufacturers and companies to enhance the customer experience coupled with rising advancements in quick product delivery systems will further aggravate the growth of the same day delivery market. Growing digitization of economies especially the emerging ones, surging proliferation of smartphones and high speed internet, growth and expansion of logistics industry, rising urbanization and growth and expansion of e-commerce industry are some other factors bolstering the growth of same day delivery market.
However, high logistics costs and poor logistics infrastructure in the developing and underdeveloped economies will act as a growth restraint for the same day delivery market. Also, high costs of same day delivery will yet again hamper the same day delivery market growth rate. Also, lack of control of manufacturers and retailers on logistics service will pose challenge to the growth of the same day delivery market.
This same day delivery market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on same day delivery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Same Day Delivery Market Scope and Market Size
The same day delivery market is segmented on the basis of application, end user and service. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of application, the same day delivery market is segmented into retail, e-commerce, healthcare, manufacturing, documents and letters and others.
- On the basis of end user, the same day delivery market is segmented into business to business (B2B), business to customer (B2C) and customer to customer (C2C).
- On the basis of service, the same day delivery market is segmented into international service and domestic service.
Same Day Delivery Market Country Level Analysis
The same day delivery market is analysed and market size, volume information is provided by country, application, end user and service as referenced above.
The countries covered in the same day delivery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the same day delivery market and will continue to flourish its trend of dominance during the forecast period owing to the earliest adoption of advanced technologies and increasing launches of new techniques to improve the delivery services. Asia-Pacific will however, register the highest CAGR for this period. This is because of the rising proliferation of internet, increasing number of e-commerce companies and surging investments on the digitization of emerging economies.
The country section of the same day delivery market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Same Day Delivery Market Share Analysis
The same day delivery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to same day delivery market.
The major players covered in the same day delivery market report are A1 Express Delivery Service, INC., Aramex., DHL International GmbH., Dropoff, Inc., FedEx, Jet Delivery, Inc., Power Link Expedite, United Parcel Service of America, Inc., USACouriers, XPO Logistics, Inc., 1-800Courier, Aztec Couriers LLC, NJLS (New Jersey Lawyers Service, LLC), Amazon.com, Inc., RDS Same-Day Delivery., American Expediting, Tailwind Delivery - Take Out LLC, D.C. Express, Inc., BKS SameDay Courier, LLC and Econo-Courier among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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