Same Day Delivery Market 2020
The rising demand for quick delivery of online product buys has propelled the growth for same-day delivery market globally. It is an online service that allows online order placement and delivery of the goods to your home. Same-Day delivery refers to product delivery to the end user on the same day as of the order placement. E-commerce majors often charge a premium for same-day delivery, also called express deliveries. These companies work closely with manufacturers to effectively manage inventory, warehousing and delivery cost. By 2025, the same-day delivery market is projected to reach USD 9.96 million. This growth can be attributed also to the rising spending power of the millennials.
Market by Top Same-day Delivery Companies, this report covers
TForce Final Mile
Power Link Delivery
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Increased affinity to online shopping, busy lifestyles with no time to shop and rising online sales world wide are expected to encourage manufacturers to offer same-day delivery services. Some of the major factors that influence this market are rising smartphone adoption, growing mobility penetration and online shopping. In urban areas and metropolitan markets with dense population, same-day delivery services are rendered by most retailers with an online channel on a large scale. Highly subsidised, given the economies of scale on reach and distribution that drive down the cost of same-day delivery significantly. However, high costs of maintenance, labour and fuel can negatively impact the profitability of e-commerce companies managing logistics. Increasing number of local players are also gaining a competitive edge over majors leading to changing market dynamics.
The rise of same-day delivery is driven by the trends outlined in this report as well as the delivery trends followed by retailers and logistics providers. As these factors differ greatly in each location, same-day delivery is bound to develop at changing speeds. It is believed that same-day delivery concept in buying behaviour can fundamentally change the way users shop today, across the world. While integrating the convenience of online shopping, same-day delivery brings in the immediacy of brick and mortar stores.
Globally, the same-day delivery market is segmented by Types and Applications.
By Type, the market is segmented into:
By Application, the market is further split into:
The same-day delivery market has been segmented in to regions that include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
The Asia Pacific market is leading owing to an increasing number of B2C customers. Booming e-commerce sector in developing markets and growing online buying trends in countries such as China, India and Japan are influencing the same-day delivery market significantly. North America and Europe are also expected to emerge as a promising region due to attractive opportunities in the B2C e-commerce market.
In the coming years, introduction of automated robots to support logistics can eliminate errors caused by manual interventions and speed up deliveries thereby boosting the same-day delivery market growth.
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Table of Contents –Analysis of Key Points
1 Same-day Delivery Market Overview
2 Manufacturers Profiles
3 Global Same-day Delivery Market Competition, by Players
4 Global Same-day Delivery Market Size by Regions
5 North America Same-day Delivery Revenue by Countries
6 Europe Same-day Delivery Revenue by Countries
7 Asia-Pacific Same-day Delivery Revenue by Countries
8 South America Same-day Delivery Revenue by Countries
9 Middle East and Africa Revenue Same-day Delivery by Countries
10 Global Same-day Delivery Market Segment by Type
11 Global Same-day Delivery Market Segment by Application
12 Global Same-day Delivery Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
List of Tables and Figures
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