Same day delivery is defined as delivering goods or products in less than 24 hours, preferably within the same day. Increasing urbanization, rapid growth in e-commerce, and changing customer expectations towards delivery services are the significant factors driving the same day delivery market growth. Further, the implementation of automation in delivery services, coupled with the growth of the B2C e-commerce market, is also propelling the same day delivery market growth.
MARKET SCOPE
The "Global Same Day Delivery Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the same day delivery market with detailed market segmentation by product type, end-user, and geography. The report provides key statistics on the market status of the leading same day delivery market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product type, the global Same day delivery market market is segmented into consumer goods, food and beverage, healthcare and pharmaceutical, electronics, and others.
- On the basis of end-user, the market is segmented into individuals, and commercial.
MARKET DYNAMICS
Drivers:
- Growing consumer demand for faster delivery service and an ongoing substitution of stationary retail sales by online sales through e-commerce platforms has led to a significant increase in B2C shipments, which boosted the same day delivery market.
Restraints
- Complex delivery infrastructure and high charges associated with same day delivery are the key hindering factors for the market
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The same day delivery market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the same day delivery market in these regions.
IMPACT OF COVID-19 ON SAME DAY DELIVERY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the same day delivery market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Same day delivery market market are anticipated to lucrative growth opportunities in the future with the rising demand for same day delivery market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the same day delivery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- A1-SameDay
- Amazon Logistics
- Aramex
- Delhivery Pvt Ltd
- Deutsche Post AG
- FedEx Corporation
- Home Xpress GmbH
- Ontime Courier GmbH
- United Parcel Service of America, Inc.
- XPO Logistics, Inc.
The Insight Partner?s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.