Report Overview

Global Same Day Delivery Market – Industry Trends & Forecast Report, 2027

The global same day delivery market was worth USD 4.9 billion in 2020 and is further projected to reach USD 18.1 billion by the year 2027, growing at a CAGR of 17.8% in the forecast period. The market is gaining significant traction due to the rapid growth of e-commerce businesses, industrialization, and globalization in emerging countries, along with the changing preferences of Millennial consumers.Furthermore, during the forecast period, the shift from offline stores to online stores is expected to further propel the growth of the global same-day delivery market.

Source: BlueWeave Consulting

Global Same Day Delivery Market- Overview

Same-day delivery is a service that allows you to get the products within 24hours. It is a faster option as compared to other delivery modes.However, it is more expensive even though it provides a convenient way to shop online with immediate access to products. Several leading online stores such as Whole Foods, Walmart, Target, Instacart, etc., offer same day delivery options. The same day delivery service is widely used for durable goods like grocery or medicines, and drugs. Due to the ease of ordering via online platforms, along with shorter shipping times, this market is experiencing continued growth and is likely to boom during the forecast period.

Global Same Day Delivery Market Forecast and Trends

Growth Drivers

Flourishing e-Commerce Platform

Since the turn of the century, e-commerce has grown in popularity and is gaining a growing share of the retail market. The industry has seen several online platforms emerge as leading stores with significant shares of global sales. Platforms like Amazon, Walmart, Target, eBay, Etsy, Best Buy, etc., are offering same day delivery services to expand their revenue and lower their overall shipping cost to increase their profit margin. For instance, Amazon offers free and same day delivery benefits to its Prime member only.

Benefits of Same Day Delivery Market

Small businesses are often reluctant to offer same day delivery due to its complications and high management. Nevertheless, same day delivery combined with a partnership with local courier service providers can be a real boon for small and growing companies. For instance, a small business's brand name is enhanced when the customers receive their orders on the same day, especially in cases of medical emergencies when you are urgently in need of medicines and pharmacies. Such benefits also work in favor of the growth of the global same day delivery market.

Restraints

High Chances of Logistical Complications

Same-day delivery requires proper storage of the right products in the warehouses. Therefore, sufficient store and warehouse space are necessary to ensure the proper delivery of the requested products. This is a huge obstacle, especially for small businesses, to make use of same-day delivery services. Furthermore, it is also not a very cost-effective option, and if not managed properly, will drastically affect the profit margin. This acts as a major restraining factor for the growth of the global same day delivery market.

Impact of COVID-19 on Global Same Day Delivery Market

The unprecedented outbreak of the COVID-19 pandemic has had a disastrous effect on the global same day delivery market. This is because of the massive obstruction of the supply chain and logistic activities around the world. The manufacturing and production of non-essential goods were halted, and their distribution was also prohibited to curb the spread of the deadly virus. As a result, the leading companies faced huge revenue losses in this period. Furthermore, the stringent regulations pertaining to the movement and storage of exported and imported goods due to cross-border restrictions and health screening processes also affected the market negatively.

Global Same Day Delivery Market - By Type

Based on types, the global same day delivery market is segmented into B2B, B2C, and C2C. The B2B segment captures the largest market share because of the large supply chain among manufacturers, wholesalers, and retailers. The aggregate supply of goods lowers the overall shipping costs per product, allowing businesses to meet market demands. Furthermore, the B2C segment is also gaining significant traction because of the growing consumer inclination towards e-commerce platforms for their shopping needs.

Global Same Day Delivery Market - By Service

Based on services, the global same day delivery market is segmented into domestic and international. The domestic segment accounts for the largest market share due to the convenience and reduced shipping prices levied by courier companies. Local e-commerce companies, as well as small businesses who have switched to online operations, are driving the market forward. International shipping, on the other hand, is also gaining momentum and is expected to witness a substantial growth rate during the forecast period.

Global Same Day Delivery Market - Regional Insights

Geographically, the global same day delivery market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. The Asia-Pacific region dominates this market because of the emerging e-commerce companies in this region. Further, e-commerce platforms like Alibaba, Lazada, Flipkart, GittiGidiyor, Rakuten, and many others capture large shares of the market due to the availability of local products that cater to the needs of consumers. Furthermore, the increasing penetration of smartphones and the internet is another major factor propelling the growth of the same day delivery market in the APAC countries.

Competitive Landscape

The leading market players in the global same day delivery market are FedEx, Jet Delivery, Inc., XPO Logistics, Inc., United Parcel Service of America, Inc., Dropoff, Inc., Deutsche Post AG, Deliv, Courier Express, Aramex, A1 Express Services Inc., Power Link Expedite, USA Couriers, DHL, Singapore Post Ltd., Pos Malaysia Berhad, Yamato Holdings Co. Ltd, Poste ItalianeSpA, Royal Mail PLC, Qantas Courier Limited, and other prominent players.

Several established companies dominate the market, like FedEx, Jet Delivery, and DHL, which have strong distribution networks. Moreover, the companies often adopt competitive strategies like partnerships, mergers, acquisitions, collaborations, etc., to increase their market penetration and improve their presence in various geographies.

Recent Developments

• In August 2021, Optus, an Australian telecommunications company, announced its partnership with Uber for same day delivery of the latest smartphones in Australia.

• In August 2021, NutriMoo, an Indian dairy, and whole-food tech startup launched daily essentials such as fresh vegetables, fruits, bread, etc., with same day delivery.

Scope of the Report

By Type

• B2B

• B2C

• C2C

By Service

• Domestic

• International

By Region

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East & Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Key Market Segments
2. Research Methodology
   1. Qualitative Research
   2. Methodology
   3. Regional Split of Primary & Secondary Research
   4. Secondary Research
   5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
   6. Market Size Estimation
   7. Assumptions for the Study
   8. Market Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insight and Growth Strategy
   1. Value Chain Analysis
   2. DROC Analysis
      1. Market Drivers
         1. Flourishing e-Commerce Platform
         2. Benefits For Same Day Delivery Market
      2. Market Restraints
         1. High Chances Of Logistical Complications
      3. Market Challenges
         1. Negative Influence of the COVID-19
      4. Market Opportunity
         1. Increasing Business Efficiency Through Same Day Delivery
         2. Low Shipping Cost And Vehicle Expenses
   3. Recent Developments
   4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
5. Global Same day Delivery Market Overview
   1. Market Size & Forecast by Value, 2017-2027
   2. Market Size and Forecast, By Segment
      1. By Type
         1. B2B
         2. B2C
         3. C2C
      2. By Service
         1. Domestic
         2. International
      3. By Region
         1. North America
         2. Europe
         3. Asia-Pacific
         4. Latin America
         5. Middle East & Africa
6. North America Same day Delivery Market Overview
   1. Market Size and Forecast
      1. By Value (USDBillion), 2020-2027
   2. Market Share and Forecast
      1. By Type
      2. By Service
      3. By Country
         1. U.S.
         2. Canada
7. Europe Same day Delivery Market Overview
   1. Market Size and Forecast
      1. By Value (USDBillion), 2020-2027
   2. Market Share and Forecast
      1. By Type
      2. By Service
      3. By Country
         1. Germany
         2. U.K.
         3. France
         4. Italy
         5. Spain
         6. Rest of Europe
8. APAC Same day Delivery Market Overview
   1. Market Size and Forecast
      1. By Value (USDBillion), 2020-2027
   2. Market Share and Forecast
      1. By Type
      2. By Service
      3. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of APAC
9. LATAM Same day Delivery Market Overview
   1. Market Size and Forecast
      1. By Value (USDBillion), 2020-2027
   2. Market Share and Forecast
      1. By Type
      2. By Service
      3. By Country
         1. Mexico
         2. Brazil
         3. Rest of LATAM
10. MEA Same day Delivery Market Overview
    1. Market Size and Forecast
       1. By Value (USDBillion), 2020-2027
    2. Market Share and Forecast
    3. By Type
    4. By Service
    5. By Country
       1. Saudi Arabia
       2. UAE
       3. South Africa
       4. Rest of Europe
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2020)
    3. Competitive Benchmarking By Operating Parameters
12. Impact of COVID-19 on Global Same day Delivery Market
13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. FedEx
    2. Jet Delivery, Inc.
    3. XPO Logistics, Inc.
    4. United Parcel Service of America, Inc.
    5. Dropoff, Inc.
    6. Deutsche Post AG
    7. Deliv
    8. Courier Express
    9. Aramex
    10. A1 Express Services Inc. .
    11. Power Link Expedite
    12. USA Couriers
    13. DHL
    14. Singapore Post Ltd.
    15. Pos Malaysia Berhad
    16. Yamato Holdings Co. Ltd
    17. Poste Italiane SpA
    18. Royal Mail PLC
    19. Qantas Courier Limited
    20. Other Prominent Players
14. Key Strategic Recommendations

List of Figures

Figure 1: Global Same day Delivery Market Segmentation

Figure 2: Global Same day Delivery Market Value Chain Analysis,

Figure 3: Company Market Share Analysis, 2020

Figure 4: Global Same day Delivery Market Size, By Value (USD Billion), 2017-2027

Figure 5: Global Same day Delivery Market Share (%), By Type, By Value, 2017-2027

Figure 6: Global Same day Delivery Market Share (%), By Service, By Value, 2017-2027

Figure 7: Global Same day Delivery Market Share (%), By Region, By Value, 2017-2027

Figure 8: North America Same day Delivery Market Size, By Value (USD Billion), 2017-2027

Figure 9: North America Same day Delivery Market Share (%), By Type, By Value, 2017-2027

Figure 10: North America Same day Delivery Market Share (%), By Service, By Value, 2017-2027

Figure 11: North America Same day Delivery Market Share (%), By Country, By Value, 2017-2027

Figure 12: Europe Same day Delivery Market Size, By Value (USD Billion), 2017-2027

Figure 13: Europe Same day Delivery Market Share (%), By Type, By Value, 2017-2027

Figure 14: Europe Same day Delivery Market Share (%), By Service, By Value, 2017-2027

Figure 15: Europe Same day Delivery Market Share (%), By Country, By Value, 2017-2027

Figure 16: the Asia-Pacific Same day Delivery Market Size, By Value (USD Billion), 2017-2027

Figure 17: the Asia-Pacific Same day Delivery Market Share (%), By Type, By Value, 2017-2027

Figure 18: the Asia-Pacific Same day Delivery Market Share (%), By Service, By Value, 2017-2027

Figure 19: Asia-Pacific Same day Delivery Market Share (%), By Country, By Value, 2017-2027

Figure 20: Latin America Same day Delivery Market Size, By Value (USD Billion), 2017-2027

Figure 21: Latin America Same day Delivery Market Share (%), By Type, By Value, 2017-2027

Figure 22: Latin America Same day Delivery Market Share (%), By Service, By Value, 2017-2027

Figure 23: Latin America Same day Delivery Market Share (%), By Country, By Value, 2017-2027

Figure 24: Middle East & Africa Same day Delivery Market Size, By Value (USD Billion), 2017-2027

Figure 25: Middle East & Africa Same day Delivery Market Share (%), By Type, By Value, 2017-2027

Figure 26: Middle East & Africa Same day Delivery Market Share (%), By Service, By Value, 2017-2027

Figure27: Middle East & Africa Same day Delivery Market Share (%), By Region, By Value, 2017-2027

List of Tables

Table 1: Global Same day Delivery Market Size, By Type, By Value, 2017-2027

Table 2: Global Same day Delivery Market Size, By Service, By Value (USD Billion), 2017-2027

Table 3: Global Same day Delivery Market Size, By Region, By Value (USD Billion), 2017-2027

Table 4: North America Same day Delivery Market Size, By Type, By Value (USD Billion), 2017-2027

Table 5: North America Same day Delivery Market Size, By Service, By Value (USD Billion), 2017-2027

Table 6: North America Same day Delivery Market Size, By Country, By Value (USD Billion), 2017-2027

Table 7: Europe Same day Delivery Market Size, By Type, By Value (USD Billion), 2017-2027

Table 8: Europe Same day Delivery Market Size, By Service, By Value (USD Billion), 2017-2027

Table 9: Europe Same day Delivery Market Size, By Country, By Value (USD Billion), 2017-2027

Table 10: the Asia-Pacific Same day Delivery Market Size, By Type, By Value (USD Billion), 2017-2027

Table 11: the Asia-Pacific Same day Delivery Market Size, By Service, By Value (USD Billion), 2017-2027

Table 12: the Asia-Pacific Same day Delivery Market Size, By Country, By Value (USD Billion), 2017-2027

Table 13: Latin America Same day Delivery Market Size, By Type, By Value (USD Billion), 2017-2027

Table 14: Latin America Same day Delivery Market Size, By Service, By Value (USD Billion), 2017-2027

Table 15: Latin America Same day Delivery Market Size, By Country, By Value (USD Billion), 2017-2027

Table 16: The Middle-East & Africa Same day Delivery Market Size, By Type, By Value (USD Billion), 2017-2027

Table 17: The Middle-East & Africa Same day Delivery Market Size, By Service, By Value (USD Billion), 2017-2027

Table 18: The Middle-East & Africa Same day Delivery Market Size, By Country, By Value (USD Billion), 2017-2027

Table 19: FedEx Financial Analysis

Table 20: FedEx Business Overview

Table 21: Jet Delivery, Inc.  Financial Analysis

Table 22: Jet Delivery, Inc. Business Overview

Table 23: XPO Logistics, Inc.  Corporation Financial Analysis

Table 24: XPO Logistics, Inc.  Corporation Business Overview

Table 25: United Parcel Service of America, Inc. Financial Analysis

Table 26: United Parcel Service of America, Inc. Business Overview

Table 27: Dropoff, Inc. Financial Analysis

Table 28: Dropoff, Inc. Business Overview

Table 29: Deutsche Post AG Financial Analysis

Table 30: Deutsche Post AG Business Overview

Table 31: Deliv Financial Analysis

Table 32: Deliv Business Overview

Table 33: Courier Express Financial Analysis

Table 34:Courier Express Business Overview

Table 35: AramexFinancial Analysis

Table 36: AramexBusiness Overview

Table 37: A1 Express Services Inc.Financial Analysis

Table 38: A1 Express Services Inc. Business Overview

Table 39: Power Link ExpediteFinancial Analysis

Table 41: Power Link Expedite Financial Analysis

Table 42: USA Couriers Financial Analysis

Table 42: USA Couriers Business Overview

Table 43:DHLFinancial Analysis

Table 44:DHL Business Overview

Table 45:Singapore Post Ltd. Financial Analysis

Table 46:Singapore Post Ltd. Business Overview

Table 47:Pos Malaysia BerhadFinancial Analysis

Table 48:Pos Malaysia BerhadBusiness Overview

Table 49:Yamato Holdings Co. LtdFinancial Analysis

Table 50:Yamato Holdings Co. LtdBusiness Overview

Table 51:Poste Italiane SpAFinancial Analysis

Table 52:Poste Italiane SpABusiness Overview

Table 53:Royal Mail PLCFinancial Analysis

Table 54:Royal Mail PLCBusiness Overview

Table 55:Qantas Courier LimitedFinancial Analysis

Table 56:Qantas Courier LimitedBusiness Overview