Press release
Same Day Delivery Market Size is expected to reach $123050 Million by 2027
The global Same-day Delivery market size is projected to reach US$ 123050 million by 2027, from US$ 11620 million in 2020, at a CAGR of 38.5% during the forecast period 2021-2027Major factors driving Same Day Delivery Market size are the increasing demand for e-commerce and growth in prevalence for the utilization of smartphones across the world, and awareness of the Internet of Things.
The Same Day Delivery Market report offers a comprehensive overview of the industry leaders and provides information on the expertise and capabilities of these businesses. The study also covers details of the industry's competitive environment and provides information on the products provided by different businesses.
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-18U764/global-same-day-delivery
The same-day delivery market size is expected to increase drastically due to increased online purchases, combined with the growth in the e-commerce businesses. Same day delivery service integrates the convenience of online retail shopping with the immediacy of physical retail stores. Ease of ordering through online platforms and reduced shipping time drives the Same Day Delivery Market size.
Also, the ongoing replacement of online sales through e-commerce platforms for stationary retail sales has led to a substantial increase in B2C shipments. Thus, the increase in shipments, coupled with customer demand for faster delivery services, is expected to fuel the same day delivery market size.
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The Asia Pacific dominates the same day delivery market share due to an increasing number of e-commerce companies, along with the rising number of online shoppers. The rise in rapid urbanization, internet penetration, and smartphone adoption has led to this region dominating over the market share.
North America is expected to see substantial growth over the forecast period because of the presence of significant players, like FedEx, A1 Express Services Inc., and United Parcel Service of America, Inc., in the region.
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TOP COMPANIES IN THE SAME DAY DELIVERY MARKET
Due to the involvement of well-established firms operating internationally, the industry is consolidated. In order to hold a competitive place in the industry, businesses rely predominantly on mergers, acquisitions, and joint ventures or partnerships.
In addition, by following different growth strategies, the market players concentrate on improving their market presence. These tactics help companies globally broaden their market and reinforce their products in specific regions.
The top companies in the same day delivery market are :
A-1 Express
DHL
FedEx
TForce Final Mile
UPS
USA Couriers
American Expediting
Aramex
Deliv
Express Courier
LaserShip
Parcelforce Worldwide
NAPAREX
Power Link Delivery
Prestige Delivery
CitySprint
Others
"We can also add the other companies as you want"
Similar Reports :
Last-Mile Delivery Market https://reports.valuates.com/market-reports/QYRE-Auto-22T543/global-last-mile-delivery
Drone Logistics and Transportation Market: https://reports.valuates.com/market-reports/QYRE-Auto-32R1184/global-drone-transportation-and-logistics
Autonomous Last-Mile Delivery Market: https://reports.valuates.com/market-reports/ALLI-Manu-0J34/autonomous-last-mile-delivery
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