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Global Same-Day Delivery Market Estimated High Growth by 2026

10-26-2020 01:19 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Facts & Factors

The U.S. B2C e-commerce sector accounted for the largest shareholdings in total retail revenues. The B2C e-commerce market is gaining popularity in the US thanks to the increasing penetration of the internet and online shopping. Main vendors, including UPS and FedEx, offer postal services for this market. The rising US B2C e-commerce sector is one of the key drivers of the same-day supply sector. End-users are willing to pay extra money for the timely delivery of their goods, and the time required for the delivery of packages varies with each customer. On the same day, e-tailers allow shorter lead times for the delivery of food to be competitive. Consumers often prefer the same-day delivery of goods such as food and luxury watches, along with high shipping prices. The same-day market distribution report predicts that the US market will continue to expand at CAGR by more than 23% by 2025.

Many logistics companies are investing in fully independent logistics, enabling them to survive profitably and gain competitive advantage. High fuel, repair and labor costs have a negative impact on the revenue growth for logistics companies. Fully independent logistics is gaining market importance as it replaces human contact, eliminates labor errors and reduces the length of logistics operations. Factors such as rising labor costs and less skilled labor supply would also push robotics to deliver services on the same day. The implementation of automation in the same-day delivery market would accelerate the growth of this market over the forecast period.

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Throughout the forecast period, the B2C industry segment will be the primary type for the same-day delivery market. B2C customer segment's expanding client base and increasing demand for the same-day delivery would drive the growth of this end-user segment in the same-day supply market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Same-day Delivery industry. The Same-day Delivery market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

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The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Same-day Delivery sector. Key strategic developments in the Same-day Delivery market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Same-day Delivery market are appropriately highlighted in the report.

North America continues to dominate the global market for same day delivery. The Asia Pacific market is expected to rise at a faster rate of growth as a result of increased awareness among people, increased investment in R&D, the use of skilled labor to produce products and increased investment by the logistics industry.

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Top key players operating in the market are 1-800 Courier, Aztec Messenger LLC, NJLS Couriers, Amazon Logistics, RDS Same Day Delivery, American Expediting, Tailwind Delivery, D.C. Express, Inc., FedEx, Newark, BKS Sameday Courier, LLC, Econo-Courier, Competitive Courier, USA Couriers, UPS, New Jersey Lawyers Service, Same Day Delivery, Inc., and Others.

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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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