The global same day delivery market size is estimated to reach USD 15.1 billion by 2027, expanding at a CAGR of 20.3% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. The market is expected to witness significant growth over the forecast period owing to rising demand for quick delivery of products among customers that are purchased online. Moreover, factors such as growing e-commerce industry and increase in international cross-border trade are further bolstering the market growth.
Increasing number of e-commerce companies and e-shoppers worldwide is expected to encourage online platforms to provide same-day delivery services to their customers. Besides, customers are inclined to choose same-day delivery services as they allow quick delivery of products at their doorstep instead of visiting a physical retail store. Thus, there is a significant increase in the online orders owing to the aforementioned factors, which, in turn, is expected to boost the market growth.
The market is characterized by intense competition among the major players operating in the market. These players are focusing on entering into mergers and acquisitions as part of their growth strategy to hold a competitive position in the market. The companies are partnering with the logistic providers to strengthen their distribution network and offer quicker delivery to capture customer base. Moreover, the players operating in the market are developing unprecedented changes to their online business models to provide better customer experience.
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Same Day Delivery Market Report Highlights
- The B2B type segment held the largest revenue share in 2019. The is attributed to emergence of online B2B marketplaces in order to carry out business
- The B2C type segment is projected to witness substantial growth over the forecast period owing to rising consumer demand for same day delivery of the products
- The domestic service segment accounted for a share of 76.50% in 2019 owing to growing number of e-commerce companies globally
- Asia Pacific held the largest revenue share of 37.92% in 2019 and is anticipated to witness significant growth over the forecast period. This is attributed to growing internet penetration and trend of online business platforms in the region, which is further driving the demand for same day delivery services.
Same Day Delivery Market Segmentation
Grand View Research has segmented the global same day delivery market on the basis of type, service, and region:
Same Day Delivery Type Outlook (Revenue, USD Million, 2016 – 2027)
Same Day Delivery Service Outlook (Revenue, USD Million, 2016 – 2027)
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Key Topic Covered
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Executive Summary
2.1. Same Day Delivery Market Industry Snapshot & Key Buying Criteria, 2016 – 2027
2.2. Same Day Delivery Market, 2016 – 2027
Chapter 3. Same day Delivery Industry Outlook
3.1. Market Segmentation
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint/challenge analysis
3.3.3. Market opportunity analysis
3.4. Penetration & Growth Prospects Mapping
3.5. Industry Analysis – Porter’s Five Force Analysis
3.6. PEST Analysis
Chapter 4. Same Day Delivery Market: Type Outlook
4.1. Same Day Delivery Market Estimates & Forecasts, By Type, 2019 & 2027 (USD Million)
4.2.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
4.2.2. Market estimates and forecasts, by region, 2016 – 2027 (USD Million)
4.3.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
4.3.2. Market estimates and forecasts, by region, 2016 – 2027 (USD Million)
4.4.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
4.4.2. Market estimates and forecasts, by region, 2016 – 2027 (USD Million)
Chapter 5. Same Day Delivery Market: Service Outlook
5.1. Same Day Delivery Market Estimates & Forecasts, By Service, 2019 & 2027 (USD Million)
5.2.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
5.2.2. Market estimates and forecasts, by region, 2016 – 2027 (USD Million)
5.3.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
5.3.2. Market estimates and forecasts, by region, 2016 – 2027 (USD Million)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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