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Same Day Delivery Market- Involved Key Players Will Create New Level of Revenue Stream in the Upcoming Years 2021 - 2028: A-1 Express, DHL Group, FedEx, United Parcel Service of America, Inc., USA Couriers, American Expediting, Aramex, Deliv, LaserShip In

11-30-2021 06:22 AM CET | IT, New Media & Software

Press release from: Adroit Market Research

The global same day delivery market revenue is estimated to reach USD 9.96 billion by 2025 driven by the increasing number of retail e-commerce platforms in light of easy accessibility of internet over smartphones. The development of phone apps has provided a further acceleration to online shopping. The market is driven by increasing urbanization, rapid e-commerce adoption, and changing customer expectations towards delivery services.

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The utilization of smartphones has increased in the past decade due to several reasons such as cheap internet, 4G introduction, adapting to new technology, and introduction of smartphones. Increase in use of phones has led many companies to gain market share with the vast number of consumers available. E-commerce has a considerable position in the market, owing to increase in use of phones and introduction of easy accessible mobile applications in the market. This is further expected to boost the same-day delivery market over the forecast period.

Increasing level of productivity within a team and gain over competitors by virtue of same day delivery is expected to increase its adoption over the forecast period. In 2017, B2B same day delivery services accounted for more than 45% of overall market share. Same day service offers reliability and professionalism, this, in turn, is expected to promote service providers to offer quick delivery services.

In certain cases, customers are willing to pay extra for express delivery services which in turn is expected to propel the global B2C same day delivery market. Growing need for instant delivery of food & beverages and medicines has prompted service providers to strengthen their distribution channels to cater to the growing consumer demand.

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The North America same day delivery market accounted for over 30% of the overall market share in 2017. As of 2017, more than 200 million people in this region shopped online. Moreover, overall e-commerce revenue generated in this region exceeded USD 350 billion in 2017. Developed consumer electronics, personal care, home appliances and medical industry is expected to prompt retail e-commerce service providers to increase their distribution network to offer fast delivery. Furthermore, 100% potential in internet and smartphone penetration in this region is expected to increase the adoption rate of same day delivery services over the coming years.

Europe same day delivery market was valued more than USD 700 million in 2017. Technological advancement followed by availability of wide distribution network is expected to increase market penetration over the projected period. For instance, at present, Air Time Critical offers the fastest delivery of an urgent parcel, spare parts, and important documents within 12 to 24 hours in major European cities.

A-1 Express, DHL Group, FedEx, United Parcel Service of America, Inc., USA Couriers, American Expediting, Aramex, Deliv, LaserShip Inc. and Royal Mail are the leading players present within the global same day delivery market.

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Key segments of the global same day delivery market
Type Overview, 2015-2025 (USD Million)
B2B
B2C

Application Overview, 2015-2025 (USD Million)
Retailers
E-commerce

Regional Overview, 2015-2025 (USD Million)
North America
S.
Europe
Germany
UK
Asia-Pacific
China
India
Japan
Southeast Asia
Middle East & Africa
Central & South America

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About Us:

Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Us :

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Account Manager Global

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TX 75204, U.S.A

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