Same Day Delivery Market Report 2022 & Forecast to 2027

The global same day delivery market size reached US$ 4.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.46 Billion by 2027, exhibiting a growth rate (CAGR) of 18.50% during 2022-2027.

Same day delivery represents a shipping model where products are delivered within twenty-four hours. Based on the mode of transport, it can be categorized into airways, railways, roadways, intermodal, etc. Same day delivery services are commonly used by business-to-consumer (B2C), consumer-to-consumer (C2C), and business-to-business (B2B) end-users for facilitating the delivery of multiple products with ease and within a shorter time frame. They even reduce inventory costs, provide improved customer satisfaction, and help vendors maintain a competitive edge. Consequently, same day delivery solutions find widespread utilization in numerous sectors, including retail, e-commerce, healthcare, manufacturing, etc.

Industry Trends & Drivers

The shifting preferences among consumers across the globe toward the several e-commerce channels for ordering grocery items, medical supplements, vegetables, fruits, and beverages and the growing requirement for getting the items delivered within a minimum time span are primarily driving the same day delivery market. Additionally, the increasing number of benefits offered by the e-commerce platforms, such as reduced shipment timing and logistics cost, discount offers, greater choices, and higher convenience, is acting as another significant growth-inducing factor.

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In line with this, the emerging trend of integrating online shopping options by physical retail stores to offer enhanced customer experience is further stimulating the global market. Apart from this, the expanding proliferation of easy internet connectivity and the development of various smartphone, laptop, and desktop applications for placing orders are also positively influencing the market growth. Moreover, the elevating strategic collaborations among leading market players for introducing delivery wings while reducing costs on logistics is expected to fuel the same day delivery market over the forecasted period.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Amazon.com Inc., Aramex, Deutsche Post AG, Dropoff Inc., Econo-Courier, FedEx Corporation, Jet Delivery Inc., Need It Now Delivers, Power Link Expedite Corporation, United Parcel Service Inc., USA Couriers Inc. and XPO Logistics Inc.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Service:

• International Service
• Domestic Service

Breakup by Mode of Transportation:

• Airways
• Roadways
• Railways
• Intermodal

Breakup by Application:

• Retail 
• E-Commerce
• Healthcare
• Manufacturing
• Documents and Letters
• Others

Breakup by End User:

• Business to Business (B2B)
• Business to Customer (B2C)
• Customer to Customer (C2C)

Regional Insights:

• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.

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