The Same-Day Delivery Market size was valued at USD 9.57 Bn in 2023 and is expected to reach USD 41.42 Bn by 2031, and grow at a CAGR of 20.1% over the forecast period 2024-2031.
Same-day delivery is the process of delivering a product from the manufacturer to the end-user in a shorter amount of time. Same-day delivery services have grown in popularity in the logistics industry because they allow service providers to build and expand their businesses profitably. Furthermore, as a result of the rising demand for products in a shorter time frame, manufacturers have chosen for speedy product delivery, which has created attractive market growth potential. Same-day delivery services also provide several benefits, such as increasing customer experience and lowering logistical costs, which contributes to the worldwide same-day delivery market's development.
Get More Information on Same-day Delivery Market - Request Sample Report
In metro markets, Pickrr has announced same-day deliveries. The logic-tech company is presently delivering more than 90% of orders the next day after they are placed. based on pickrr's point of view "Due to changing client needs, the e-commerce sector has seen a lot of changes." Last-mile operations have long been a source of frustration and a key impediment to same-day delivery. As a result of their attempts to satisfy client expectations, merchants have been compelled to adopt techniques that have pushed them toward their aim of achieving maximal same-day delivery in metro areas. Pickrr will continue to provide new technology that will assist companies in overcoming logistical challenges."
KEY DRIVERS:
Consumer behavior is shifting as the e-commerce business expands.
Drones and self-driving delivery trucks are becoming more common for same-day deliveries.
RESTRAINTS:
A lack of infrastructure, as well as greater logistical costs.
manufacturers and merchants have no influence on logistics services.
OPPORTUNITY:
The logistics industry's ongoing efforts to provide efficient and fast same-day deliveries
Last-mile deliveries are becoming more common, while logistics automation is becoming more common.
The deployment of a multi-modal system has resulted in a reduction in lead time.
Flight cancellations, travel restrictions, and quarantines have all been imposed as a result of the COVID-19 epidemic, causing huge delays in the supply chain and logistical activities throughout the world. Important supply chains in the logistics and transportation business have been impacted as a result of the coronavirus pandemic, but in varied ways in the air, freight, and maritime sectors. The COVID-19 outbreak has had a direct impact on logistics firms that handle product transit, storage, and movement. Movement limitations, border controls, closures, and health screening are the most prevalent causes of the reduction in growth. Due to the closing of national and international borders, which has restricted the movement of freight carriers, the same-day delivery industry has also seen a drop-in activity.
The B2B sector led the market in terms of revenue in 2023. Manufacturers, merchants, and distributors are among the end-user consumers served by the B2B category. Market expansion is being aided by the introduction of online B2B e-commerce platforms. Furthermore, the B2B segment's revenue share is larger due to the bigger weight of the goods, which results in higher transportation expenses.
From 2024 to 2031, the B2C category is expected to grow at the quickest rate. Consumers' increasing preference for e-commerce platforms is responsible for this increase. Due to the advantages of same-day delivery services, such as rapid product delivery, the C2C industry is likely to increase significantly in the coming years.
The domestic sector led the market in terms of revenue in 2023. The existence of a significant number of local e-commerce platforms operating within the country is credited with this rise. Furthermore, increased internet penetration combined with an increase in the number of e-shoppers is expected to drive category growth throughout the projection period. Customers' purchase selections are influenced by shipping times; hence e-commerce platforms have begun to provide same-day delivery options. Over the projection period, the international service category is expected to increase significantly. The industry is seeing growth potential as cross-border e-commerce trade expands. As a result, internet retailers provide worldwide delivery to entice customers from other nations. International packages, on the other hand, have far higher delivery charges than domestic deliveries.
On The Basis of Type
B2B
B2
C2C
On The Basis of Service
International
Domestic
On The Basis of Application
Retail
E-commerce
Healthcare
Others
In 2023, Asia Pacific led the same-day delivery market. The expansion of the regional market may be attributed to an increase in the number of e-commerce enterprises, as well as an increase in the number of online customers. Furthermore, regional market development is expected to be fueled by rising internet penetration, smartphone use, and increasing urbanization. Over the projection period of 2024-2031, North America is predicted to increase significantly. The existence of key businesses is credited to this expansion, and these companies are offering same-day delivery services to increase their service offerings in the region. Furthermore, the region's robust e-commerce business is expected to provide doors for the market.
Get Customized Report as per Your Business Requirement - Request For Customized Report
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
KEY PLAYERS
The major key players are A1 Express Services Inc., Aramex, DHL, Dropoff, Inc., FedEx Corp., Jet Delivery, Inc., Power Link Expedite, United Parcel Service of America, Inc., USA Couriers, XPO Logistics, Inc. & Other Players
A1 Express Services Inc-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 9.57 Billion |
| Market Size by 2031 | US$ 41.42 Billion |
| CAGR | CAGR 20.1% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (B2B, B2, C2C) • by Service (International and Domestic) • by Application (Retail, E-commerce, Healthcare, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | A1 Express Services Inc., Aramex, DHL, Dropoff, Inc., FedEx Corp., Jet Delivery, Inc., Power Link Expedite, United Parcel Service of America, Inc., USA Couriers, XPO Logistics, Inc. |
| Key Drivers | •Consumer behavior is shifting as the e-commerce business expands. •Drones and self-driving delivery trucks are becoming more common for same-day deliveries. |
| Market Restraints | •A lack of infrastructure, as well as greater logistical costs. •manufacturers and merchants have no influence on logistics services. |
Ans:- The Same-day Delivery Market size was valued at USD 9.57 Bn in 2023.
Ans:- A lack of infrastructure, as well as greater logistical costs and manufacturers and merchants have no influence on logistics services.
Ans:- In 2023, Asia Pacific led the same-day delivery market.
Ans:- The primary growth tactics of Artificial Intelligence in Accounting market participants include merger and acquisition, business expansion, and product launch.
Ans:- The study includes a comprehensive analysis of Same-day Delivery Market trends, as well as present and future market forecasts. DROC analysis as well as impact analysis for the projected period.Porter's five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Same-day Delivery Market Segmentation, by Type
8.1 B2B
8.2 B2
8.3 C2C
9. Same-day Delivery Market Segmentation, by Service
9.1 International
9.2 Domestic
10. Same-day Delivery Market Segmentation, by Application
10.1 Retail
10.2 E-commerce
10.3 Healthcare
10.4 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 A1 Express Services Inc.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Aramex
12.3 DHL
12.4 Dropoff, Inc.
12.5 FedEx Corp.
12.6 Jet Delivery, Inc.
12.7 Power Link Expedite
12.8 United Parcel Service of America, Inc
12.9 USA Couriers
12.10 XPO Logistics, Inc.
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Aseptic Paper Packaging Market size was USD 9.7 billion in 2023 and is expected to Reach USD 13.86 billion by 2031 and grow at a CAGR of 4.5% over the forecast period of 2024-2031.
The Nano-enabled Packaging Market Size was USD 32.67 billion in 2023 and will reach USD 99.02 billion by 2032 and grow at a CAGR of 13.03 % by 2024-2032.
Pharmaceutical HDPE Bottles Market Size was valued at USD 16.34 billion in 2023 and is expected to reach USD 23.77 billion by 2032 and grow at a CAGR of 4.25% over the forecast period 2024-2032.
The Dual Flap Dispensing Closure Market size was USD 382.38 billion in 2023 and is expected to Reach USD 533.46 billion by 2031 and grow at a CAGR of 4.25 % over the forecast period of 2024-2031.
Paperboard Folding Carton Market Size was valued at USD 79.13 billion in 2023 and is expected to reach USD 120.78 billion by 2032 and grow at a CAGR of 4.81% by 2024-2032
The Edible Water Bottles Market Size was valued at USD 128.12 million in 2023 and is expected to reach USD 283.75 million by 2031 and grow at a CAGR of 10.45% over the forecast period 2024-2031
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
