Same Day Delivery Market
Industry
- Automobile and Transportation
- Chemicals and Materials
- Consumer Goods
- Energy and Power
- Electronics and Semiconductor
- Food and Beverages
- Machinery and Equipment
- Pharma and Healthcare
- Service and Software
- Others
- Packaging
- ICT
- Technology
- Medical Devices and Consumables
- Agriculture
- Medical Care
- Aerospace and Defense
Same Day Delivery Market Size, Share & Analysis By Application (Retail, e-commerce, Healthcare, Manufacturing, Documents and Letters, Others), By Mode of Transportation (Airways, Roadways, Railways, Intermodal), By End-Use (B2B, B2C, C2C), By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa), and Growth Forecast To 2032
Report ID: RV253941 | Published: Mar 2024 | Historical Period: 2018-2022 | Pages: 175 | Price: $3260| Industry: Service and Software
Same Day Delivery Market Overview 2024:
The same day delivery market size was USD 7 billion in 2023 and is expected to register a rapid revenue CAGR of 11% during the forecast period. This growth can be significantly driven by factors such as increasing urbanization, rapid expansion of e-commerce, and technological advancements in delivery solutions.
Same day delivery is a trending shipping model that allows consumers to receive their goods, parcels, and services within 24 hours of placing them online. This service is gaining immense popularity as consumers seek instant gratification in today’s fast-paced lifestyle and same day delivery satisfies their desire by providing immediate access to products without the need to wait for days or weeks for delivery.
Same day delivery services are widely used by e-commerce retailers along with different industries such as healthcare, retail, and logistics, providing convenience to consumers who require urgent delivery of their purchases.
The companies that offer same day delivery services employ advanced logistics systems, real-time technology, and efficient transportation networks to ensure timely and reliable delivery.
However, same day delivery services can be expensive, especially for smaller retailers as it includes higher delivery costs, labor, transportation, and technology expenses.
Graphical Overview:
Key Takeaways:
Rising Consumer Expectations and Advancements in Logistics Technology
Due to rapid expansion of the e-commerce sector and easy accessibility to goods and services, consumers have become accustomed to instant gratification and expect faster delivery. This has resulted in increasing demand for same-day delivery services. Moreover, innovations in logistics technology, including route optimization, real-time tracking systems, and automated warehouses have made it easier and more efficient to offer same-day delivery services.
Logistical Challenges and Environmental Impact:
Coordinating the same day deliveries, especially in densely populated urban areas can be challenging which can result in delayed deliveries. In addition, these rapid delivery services contribute to more carbon emissions and environmental pollution, raising concerns about the sustainability of same day delivery models.
Application Outlook:
Based on application, the global market is segmented into retail, e-commerce, healthcare, manufacturing, documents and letters, and others. Among these, the e-commerce segment is expected to register robust revenue CAGR over the forecast period owing to rapidly expanding e-commerce sector, rising consumer demands for fast and convenient shipping, and growing adoption of same-day delivery services by several retailers to gain a competitive edge and improve customer satisfaction.
Mode of Transportation Outlook:
The global market is segmented into airways, roadways, railways, and intermodal based on the mode of transportation. The roadways segment is expected to account for a significantly larger revenue share between 2024 and 2032. This growth can be driven by factors such as rapid urbanization, high preference for same-day delivery by road due to better flexibility, accessibility, and relatively low cost compared to air transportation, and rising number of local and regional courier companies delivering same day delivery services.
Regional Outlook:
North America is expected to account for the largest revenue in the global market during the forecast period. Factors such as presence of robust e-commerce giants in the region, rapid technological advancements in logistics and delivery services, and growing demand for faster delivery and enhanced convenience.
Report Coverage:
| Report Details | Outcome |
| Base Year for Estimation | 2023 |
| Historical Data | 2018-2022 |
| Forecast Period | 2024-2032 |
| Segments Covered: | Application, Mode of Transportation, End-Use and Region |
| By Application | Retail, e-commerce, Healthcare, Manufacturing, Documents and Letters, Others |
| By Mode of Transportation | Airways, Roadways, Railways, Intermodal |
| By End Use | B2B, B2C, C2C |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Country Scope | United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, South Korea, Southeast Asia, India, Mexico, Brazil, Saudi Arabia, UAE, Turkey |
| Qualitative Info | •Value Chain Analysis •Pricing Analysis •Regional Outlook •Market Trends •Market Share Analysis •Competition Analysis •Technological Advancements |
| Key Players | 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., XPO Logistics Inc. |
| Customization Scope | 10 Hours of Free Customization and Expert Consultation |
Competitive Landscape:
The global same day delivery market is extremely competitive, comprising several regional and global level key players. Leading key players are focused on adopting various strategic alliances like mergers and acquisitions, partnerships, joint ventures, collaborations, and product launches to maintain their global position and enhance their product offerings. They are also focused on innovation, and scalability, and are adapting to evolving technology trends and consumer needs.
Some Leading Market Companies Listed in the Report:
- 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.
- XPO Logistics Inc.
Same Day Delivery Industry Recent Developments:
- In February 2024, Flipkart announced the launch of a new delivery feature for its platform. This feature will enable same-day delivery of products across multiple categories. The company has confirmed that same-day delivery will be available in Delhi, Mumbai, Pune, Bangalore, Hyderabad, Nagpur, Ahmedabad, Coimbatore, Bhubaneshwar, Jaipur, Kolkata, and Patna among others.
- In February 2024, Ecom Express announced the launch of a same day delivery feature across 30 cities.
- In August 2022, Amazon announced the launch of same day delivery from a handful of brick-and-mortar retail brands.
The global same day delivery market has been segmented based on application, mode of transportation, end use, and region:
By Application:
- Retail
- e-commerce
- Healthcare
- Manufacturing
- Documents and Letters
- Others
By Mode of Transportation:
- Airways
- Roadways
- Railways
- Intermodal
By End Use:
- B2B
- B2C
- C2C
By Region:
- North America
- United States
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Nordic Countries
- Asia Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Frequently Asked Questions!
- 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.
- XPO Logistics Inc.
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