Same day parcel delivery market will reach USD 18.82 billion in 2032. -A-1 Express, DHL, FedEx, TForce Final Mile, UPS, USA Couriers, American Expediting, Aramex, Deliv, Express Courier, LaserShip, Parcelforce Worldwide, NAPAREX, Power Link Delivery, Pres

The global same day delivery market size was valued at USD 5.23 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 23.3% from 2021 to 2032. Same day parcel delivery market will reach USD 18.82 billion in 2032. The market is driven by increasing urbanization, rapid e-commerce adoption, and changing customer expectations towards delivery services.

Companies operating in the Same Day Parcel Delivery Service
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

Type Insights
In terms of revenue, the B2B segment dominated the market with a share of 58.39% in 2019. The B2B segment caters to end-use customers, such as manufacturers, retailers, and wholesalers. The emergence of online B2B e-commerce platforms is positively impacting market growth. Moreover, the revenue share of the B2B segment is higher owing to heavier weight of the packages, which results in high shipping costs of the packages.

The B2C segment is projected to expand at the fastest CAGR of 23.1% from 2020 to 2027. This growth is attributed to the growing inclination of consumers towards e-commerce platforms. For instance, online e-commerce platforms such as Amazon, Inc. are offering one-day delivery option to their customers in order to attract more customers and provide them with a unique buying experience. The C2C segment is expected to witness significant growth in the years to come owing to the benefits offered by same day delivery services, such as timely delivery of the produc

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Considering use, the around the world Same Day Parcel Delivery Service is ordered into different application sections. The application section that is depended upon to drive the slice of the pie of the Same Day Parcel Delivery Service in the next few years are highlighted and thought about in the report. The indispensable components of advancement in this application segment are explained in the report. The areas that addressed the greatest pay part of around the world Same Day Parcel Delivery Service in 2022 are considered in the report. Additionally are depended upon to continue with the edge over its opponents in the regarded time span are considered in the report. The grounded establishment and innumerable Vessel Monitoring System Software associations in these regions are organized in the report.

By the product type, the market is primarily split into:
Type I, Type II.

By the end-users/application, this report covers the following segments:
B2B, B2C

he global same-day delivery services market is expected to grow from $5.14 billion in 2021 to $6.43 billion in 2022 at a compound annual growth rate (CAGR) of 25.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $13.32 billion in 2026 at a CAGR of 20.0%.

The same-day delivery services market consists of sales of same-day delivery services by entities (organizations, sole traders, and partnerships) that are engaged in providing the delivery services within 24 hours. Same-day delivery is a quicker option and is often done when the delivered item is perishable or time-sensitive. Customer satisfaction, increased efficiency, lower shipping costs, increased customer trust, lower vehicle expenses, and so on are all advantages of this service.

The main types of same-day delivery services are Business-to-Business (B2B); Business-to-Consumer (B2C); Customer to Customer (C2C). The B2B (Business to Business) exchange the products between two or more businesses such as producers, distributors, and retailers. The different service types include international, domestic and is transported through various modes such as airways, roadways, railways, intermodal. It is used in retail, e-commerce, healthcare, manufacturing, and other applications.

The development of the e-commerce industry is predicted to contribute to the growth of the same-day delivery services market. The e-commerce industry has transformed the process of buying and selling goods. It is rapidly expanding due to increased population density and urbanization, the use of smartphones and tablets, the availability of internet access, the adoption of digitalization and online payment modes, faster-purchasing options, lower costs, reduced travel costs & time, and, convenience.

The demand for same-day delivery is increasing as same-day delivery is becoming a more prevalent shipping option for people shopping online. For instance, in 2021, India Brand Equity Foundation (IBEF) recorded $8.3 billion of Indian e-commerce GMV during the festive season in 2020 which is 66% higher than the previous year's festive season. Also, in 2021, The US Census Bureau of the Department of Commerce estimated $222.5 billion US retail e-commerce sales during the second quarter of 2021. There was an increase of 3.3% from the first quarter of 2021. Therefore, the development of the e-commerce industry drives the growth of the same-day delivery services market.

Technological advancements are gaining popularity in the same-day delivery services market. Major players operating in the same-day delivery services sector are focused on developing technological advancements in their services to cater to the growing demand for same-day delivery of goods and services. For instance, in April 2021, Domino's, a global pizza delivery retailer company, and Nuro, a leading self-driving delivery company launched a fully autonomous pizza delivery on-road robotic vehicle called Nuro's R2 robot for pizza delivery in Houston. Also, in July 2021, Yandex Self-Driving Group announced a partnership with GrubHub for the robotic delivery of food on college campuses. The robots will use self-driving technologies such as autonomous navigation of pavements, crosswalks, and pedestrians to reach areas on campus that are not accessible for cars.
Table of Contents
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Vessel Monitoring System Software Revenue
1.4 Market Analysis by Type
1.4.1 Same Day Parcel Delivery Service Size Growth Rate by Type: 2020 VS 2028
1.5 Market by Application
1.5.1 Same Day Parcel Delivery Service Share by Application: 2020 VS 2028
1.6 Study Objectives
1.7 Years Considered
1.8 Continue…

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Report Findings
1) Drivers
Expansion of the e-commerce industry coupled with changing consumer behavior
The increasing use of drones and autonomous delivery vehicles for same-day delivery
2) Restraints
Same-day delivery appeals mostly to urban millennials
3) Opportunities
The continuous effort of logistics companies to offer efficient & timely same-day deliveries
Research Methodology
A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

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