Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for technology industry professionals · Monday, November 25, 2024 · 763,594,392 Articles · 3+ Million Readers

Same Day Delivery Market Worth $20.36 Billion, Globally, by 2027 at 21.1% CAGR

Same Day Delivery

Same Day Delivery Market

Growth in the e-commerce industry and increase in trading activities due to globalization drive the global same day delivery market.

WILMINGTON, NEW CASTLE, DE, UNITED STATES, November 25, 2024 /EINPresswire.com/ -- The global Same Day Delivery Market was valued at $5.78 billion in 2019, and is projected to reach $20.36 billion by 2027, registering a CAGR of 21.1%. The 𝐒𝐚𝐦𝐞 𝐃𝐚𝐲 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. Development of e-commerce industry and rise in trading activities due to globalization fuel the growth of the global same day delivery market. On the other hand, poor infrastructure, higher logistics costs, and lack of control of retailers on logistics service impede the growth to some extent. However, emergence of last mile deliveries coupled with logistics automation and cost cutting & lead time reduction due to adoption of multi-modal system are expected to create multiple opportunities in the industry.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐏𝐃𝐅 - 210 𝐏𝐚𝐠𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/A07162

The global same day delivery market is analyzed across application, mode of transportation, end user, and region. Based on mode of transportation, the roadways segment accounted for more than two-fifths of the total market share in 2019, and is expected to dominate by the end of 2027. The same segment would also register the fastest CAGR of 22.3% during the forecast period.

Same day delivery services are being deployed across numerous countries so as to ensure the timely delivery of products to the end users. Moreover, the demand for same day delivery services has increased due to the fact that the consumers are ready to spend any amount in order to get the product in a shorter time span. Also, due to this increased demand for quick availability of products, companies have entered into strategic alliances so as to ensure the timely delivery of products, which has also supplemented the growth of the global market.

𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/same-day-delivery-market/purchase-options

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

𝐀𝐫𝐚𝐦𝐞𝐱 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐋𝐋𝐂, 𝐃𝐫𝐨𝐩𝐨𝐟𝐟, 𝐈𝐧𝐜, 𝐃𝐇𝐋 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐆𝐦𝐛𝐇, 𝐗𝐏𝐎 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬, 𝐈𝐧𝐜., 𝐅𝐞𝐝𝐄𝐱 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐏𝐨𝐰𝐞𝐫 𝐋𝐢𝐧𝐤 𝐄𝐱𝐩𝐞𝐝𝐢𝐭𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐔𝐒𝐀 𝐂𝐨𝐮𝐫𝐢𝐞𝐫𝐬, 𝐈𝐧𝐜, 𝐉𝐞𝐭 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲, 𝐈𝐧𝐜., 𝐀𝟏-𝐒𝐚𝐦𝐞𝐃𝐚𝐲 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞, 𝐈𝐧𝐜.

Factors such as development of the e-commerce industry and increase in trading activities due to globalization provides lucrative opportunities for the growth of the same day delivery market. However, poor infrastructure & higher logistics costs and lack of control of manufacturers & retailers on logistics service are the factors that hamper the growth of the same day delivery market. Meanwhile, emergence of last mile deliveries coupled with logistics automation and cost cutting & lead time reduction due to adoption of multi-modal system are the factors that are expected to provide opportunities for the growth of the global same day delivery market in the near future.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮'𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A07162

Moreover, same day delivery services offers numerous advantages such as flexibility and convenience for door-to-door delivery services and speedy delivery of products for shorter & medium distances. Same day delivery is implemented mainly in cities or nearby countries through which transportation activities can be carried out at a much cheaper cost. Moreover, several trade agreements between neighboring countries & governments have also supplemented the growth of same day delivery market across different locations.

Based on end user, the B2C segment contributed to nearly half of the total market revenue in 2019, and is anticipated to lead the trail by 2027. The same segment would also grow at the fastest CAGR of 22.8% throughout the forecast period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A07162

Based on region, Asia-Pacific held the major share in 2019, garnering nearly one-third of the global same day delivery market. The market across North America, on the other hand, would cite the fastest CAGR of 22.6% from 2020 to 2027. The other regions studied in the report include Europe and LAMEA.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Delivery Robot Market - https://www.alliedmarketresearch.com/delivery-robot-market-A11721

Reefer Container Market - https://www.alliedmarketresearch.com/reefer-container-market-A10780

Logistics Automation Market - https://www.alliedmarketresearch.com/logistics-automation-market

Dropshipping Market - https://www.alliedmarketresearch.com/dropshipping-market-A31519

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X

Powered by EIN Presswire

Distribution channels: Automotive Industry, Business & Economy

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release