Press release
Same Day Delivery Market Industry Report 2022-2027: Global Size, Share, Trends, Growth and Forecast
The latest research study "Same Day Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the Global Same Day Delivery Market size reached US$ 4.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.46 Billion by 2027 exhibiting a CAGR of 18.50% during 2022-2027.Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Industry Definition and Application:
Same day delivery is a process that enables manufacturers to deliver various products to the business-to-consumer (B2C), business-to-business (B2B), and consumer-to-consumer (C2C) end-users within a quicker time frame. It assists in establishing trust, providing an enhanced customer experience, reducing inventory costs, maintaining a competitive edge, improving conversion rate, etc. Same day delivery aids organizations in optimizing performance, productivity, workflow, efficiency, and gaining a higher level of profits. As a result, it finds widespread applications across various transportation modes, such as roadways, railways, airways, intermodal, etc.
Global Same Day Delivery Trends and Drivers:
The escalating utilization of this process by several industries, including manufacturing, healthcare, and retail, owing to the increasing consumer demand for receiving the product in a shorter period, is primarily driving the same day delivery market. Besides this, the shifting inclination of individuals towards e-commerce platforms for ordering medical supplements, beverages, grocery items, vegetables, fruits, etc., on account of the sudden outbreak of the COVID-19 pandemic, is further augmenting the market growth.
Apart from this, the elevating requirement for same day delivery process as it provides various benefits, such as greater number of choices, discount offers, reduced shipment timing and logistics costs, higher convenience, etc., is also catalyzing the global market.
Moreover, the introduction of customizable online shopping options by the physical retail stores to offer a better customer experience is acting as another significant growth-inducing factor. Furthermore, the growing usage of laptops, smartphones, and desktops for placing orders is anticipated to propel the same day delivery market over the forecasted period.
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Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Service:
• International Service
• Domestic Service
Breakup by Mode of Transportation:
• Airways
• Roadways
• Railways
• Intermodal
Breakup by Application:
• Retail
• E-Commerce
• Healthcare
• Manufacturing
• Documents and Letters
• Others
Breakup by End User:
• Business to Business (B2B)
• Business to Customer (B2C)
• Customer to Customer (C2C)
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
List of Major Key Players:
The major players in the market are 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. and XPO Logistics Inc.
Also, Read Latest Research Reports by IMARC Group:
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Commercial Drones Market Report: https://www.imarcgroup.com/commercial-drones-market
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Contact Us:
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Sheridan, WY 82801 USA - Wyoming
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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