Same-day delivery services are those that specialize in providing delivery within a 24-hour timeframe. This expedited option is often chosen when the delivered item is perishable or time-sensitive. Advantages of same-day delivery include enhanced customer satisfaction, increased operational efficiency, reduced shipping costs, heightened customer trust, and decreased vehicle expenses.
Same-day delivery services come in several types, including Business-to-Business (B2B), Business-to-Consumer (B2C), and Customer to Customer (C2C). B2B transactions involve the exchange of products between two or more businesses, such as producers, distributors, and retailers. Various service types, such as international and domestic, utilize modes like airways, roadways, railways, and intermodal transportation. This service is applicable across different sectors, including retail, e-commerce, healthcare, manufacturing, and other industries.
The same-day delivery services market research report is one of a series of new reports that provides same-day delivery services market statistics, including same-day delivery services industry global market size, regional shares, competitors with a same-day delivery services market share, detailed same-day delivery services market segments, market trends and opportunities, and any further data you may need to thrive in the same-day delivery services industry. This same-day delivery services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The same-day delivery services market size has grown exponentially in recent years. It will grow from $7.88 billion in 2023 to $9.55 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The growth observed in the historical period can be attributed to the rise of e-commerce and online shopping, heightened consumer demand for faster deliveries, advancements in logistics and supply chain capabilities, competitive pressure among retailers to provide expedited shipping services, and the trends of urbanization and population concentration in metropolitan areas.
The same-day delivery services market size is expected to see rapid growth in the next few years. It will grow to $19.63 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%. The anticipated growth in the forecast period can be attributed to the expansion of on-demand and instant delivery services, the integration of autonomous vehicles and drones for deliveries, the enlargement of last-mile delivery networks, increasing consumer expectations for same-day and time-definite deliveries, and the adoption of advanced route optimization and tracking solutions. Key trends expected in the forecast period encompass collaborations between e-commerce platforms and delivery services, the emergence of dark stores and micro-fulfillment centers, the integration of artificial intelligence in delivery route planning, a focus on sustainable and eco-friendly delivery options, and an increased utilization of data analytics for demand forecasting and inventory management.
The anticipated growth in the same-day delivery services market is expected to be fueled by the continued development of the e-commerce industry. The e-commerce sector has revolutionized the traditional buying and selling processes, experiencing rapid expansion due to factors such as increased population density, urbanization, widespread use of smartphones and tablets, easy internet access, digitalization and online payment adoption, quicker purchasing options, cost-effectiveness, reduced travel expenses and time, and overall convenience. As online shopping becomes more prevalent, there is a rising demand for same-day delivery services. For example, in 2021, the India Brand Equity Foundation (IBEF) reported a significant $8.3 billion in Indian e-commerce Gross Merchandise Value (GMV) during the festive season of 2020, marking a 66% increase from the previous year. Additionally, in the second quarter of 2021, the US Census Bureau of the Department of Commerce estimated $222.5 billion in US retail e-commerce sales, reflecting a 3.3% increase from the first quarter. Hence, the evolution of the e-commerce industry is a key driver for the growth of the same-day delivery services market.
The ongoing trend of urbanization is playing a substantial role in propelling the same-day delivery services market forward. Urbanization, characterized by the concentration of the population in cities and the expansion of urban areas, facilitates same-day delivery service providers in streamlining their logistical routes, reducing operational costs, and expanding the potential for same-day delivery of various goods. According to data released by the United Nations Conference on Trade and Development (UNCTAD) in July 2023, the global urban population is expected to increase by 1.5 times, reaching 6 billion by 2045. This surge in urbanization is projected to drive the growth of the same-day delivery services market.
Technological advancements are becoming increasingly prominent in the same-day delivery services market. Major players in the sector are actively engaged in developing technological innovations to meet the growing demand for efficient same-day delivery of goods and services. For instance, in April 2021, Domino's, a global pizza delivery retailer, collaborated with Nuro, a leading self-driving delivery company, to introduce a fully autonomous pizza delivery on-road robotic vehicle called Nuro’s R2 in Houston. Similarly, in July 2021, Yandex Self-Driving Group partnered with GrubHub for the robotic delivery of food on college campuses, utilizing self-driving technologies for autonomous navigation in various environments.
Leading companies in the same-day delivery services market are focusing on the development of environmentally conscious and sustainable delivery operations, particularly in the realm of small parcel delivery. Small parcel delivery involves shipping individual packages weighing less than 70 pounds through regular carriers. For example, in September 2022, GoBolt, a Canada-based logistics company, launched a sustainable small parcel delivery service in Canada and the United States. Previously specializing in last-mile services for large, bulky deliveries, GoBolt expanded into small parcel delivery following its acquisition of BoxKnight. The company now collects, combines, sorts, and delivers smaller packages from e-commerce brands.
In May 2022, United Parcel Service (UPS), a US-based door-to-door delivery service provider, acquired Delivery Solutions for an undisclosed amount. This strategic acquisition enhances UPS's portfolio with Delivery Solutions' technology platform for same-day delivery services, ship-from-store capabilities, and distribution center solutions. Delivery Solutions is a US-based provider of a technology platform specializing in same-day delivery services.
Major companies operating in the in the same-day delivery services market report are A-1 Express Delivery Services Inc., FedEx Corporation, Arab American Express Co. Ltd., United Parcel Service Inc., Deliv Inc., Dalsey Hillblom Lynn, Same Day Delivery Inc., Naparex LLC, Aztec Messenger LLC, Amazon. com Inc., DC Express Inc., Citysprint Courier Services Limited, Prestige Delivery Systems Inc., TForce Final Mile Inc., American Expediting Company, Econo-Courier, Power Link Expedite Corporation, Competitive Courier Service, Bks Sameday Courier LLC, Jet Delivery Inc., Postmates Inc., Maplebear Inc., Uber Technologies Inc., DoorDash Inc., Grubhub Inc., Shipt LLC, Favor Delivery LLC, goBrands Inc., Yusen Logistics Co. Ltd., Kerry Logistics Network Limited
Asia-Pacific was the largest region in the same-day delivery services market in 2023. The regions covered in the same-day delivery services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the same-day delivery services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The same-day delivery services market consists of revenues earned by entities that are engaged in providing services such as G2B (government to business), G2C (government to consumer), B2G (business to government), and C2G (consumer to government). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Same-day delivery services come in several types, including Business-to-Business (B2B), Business-to-Consumer (B2C), and Customer to Customer (C2C). B2B transactions involve the exchange of products between two or more businesses, such as producers, distributors, and retailers. Various service types, such as international and domestic, utilize modes like airways, roadways, railways, and intermodal transportation. This service is applicable across different sectors, including retail, e-commerce, healthcare, manufacturing, and other industries.
The same-day delivery services market research report is one of a series of new reports that provides same-day delivery services market statistics, including same-day delivery services industry global market size, regional shares, competitors with a same-day delivery services market share, detailed same-day delivery services market segments, market trends and opportunities, and any further data you may need to thrive in the same-day delivery services industry. This same-day delivery services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The same-day delivery services market size has grown exponentially in recent years. It will grow from $7.88 billion in 2023 to $9.55 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The growth observed in the historical period can be attributed to the rise of e-commerce and online shopping, heightened consumer demand for faster deliveries, advancements in logistics and supply chain capabilities, competitive pressure among retailers to provide expedited shipping services, and the trends of urbanization and population concentration in metropolitan areas.
The same-day delivery services market size is expected to see rapid growth in the next few years. It will grow to $19.63 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%. The anticipated growth in the forecast period can be attributed to the expansion of on-demand and instant delivery services, the integration of autonomous vehicles and drones for deliveries, the enlargement of last-mile delivery networks, increasing consumer expectations for same-day and time-definite deliveries, and the adoption of advanced route optimization and tracking solutions. Key trends expected in the forecast period encompass collaborations between e-commerce platforms and delivery services, the emergence of dark stores and micro-fulfillment centers, the integration of artificial intelligence in delivery route planning, a focus on sustainable and eco-friendly delivery options, and an increased utilization of data analytics for demand forecasting and inventory management.
The anticipated growth in the same-day delivery services market is expected to be fueled by the continued development of the e-commerce industry. The e-commerce sector has revolutionized the traditional buying and selling processes, experiencing rapid expansion due to factors such as increased population density, urbanization, widespread use of smartphones and tablets, easy internet access, digitalization and online payment adoption, quicker purchasing options, cost-effectiveness, reduced travel expenses and time, and overall convenience. As online shopping becomes more prevalent, there is a rising demand for same-day delivery services. For example, in 2021, the India Brand Equity Foundation (IBEF) reported a significant $8.3 billion in Indian e-commerce Gross Merchandise Value (GMV) during the festive season of 2020, marking a 66% increase from the previous year. Additionally, in the second quarter of 2021, the US Census Bureau of the Department of Commerce estimated $222.5 billion in US retail e-commerce sales, reflecting a 3.3% increase from the first quarter. Hence, the evolution of the e-commerce industry is a key driver for the growth of the same-day delivery services market.
The ongoing trend of urbanization is playing a substantial role in propelling the same-day delivery services market forward. Urbanization, characterized by the concentration of the population in cities and the expansion of urban areas, facilitates same-day delivery service providers in streamlining their logistical routes, reducing operational costs, and expanding the potential for same-day delivery of various goods. According to data released by the United Nations Conference on Trade and Development (UNCTAD) in July 2023, the global urban population is expected to increase by 1.5 times, reaching 6 billion by 2045. This surge in urbanization is projected to drive the growth of the same-day delivery services market.
Technological advancements are becoming increasingly prominent in the same-day delivery services market. Major players in the sector are actively engaged in developing technological innovations to meet the growing demand for efficient same-day delivery of goods and services. For instance, in April 2021, Domino's, a global pizza delivery retailer, collaborated with Nuro, a leading self-driving delivery company, to introduce a fully autonomous pizza delivery on-road robotic vehicle called Nuro’s R2 in Houston. Similarly, in July 2021, Yandex Self-Driving Group partnered with GrubHub for the robotic delivery of food on college campuses, utilizing self-driving technologies for autonomous navigation in various environments.
Leading companies in the same-day delivery services market are focusing on the development of environmentally conscious and sustainable delivery operations, particularly in the realm of small parcel delivery. Small parcel delivery involves shipping individual packages weighing less than 70 pounds through regular carriers. For example, in September 2022, GoBolt, a Canada-based logistics company, launched a sustainable small parcel delivery service in Canada and the United States. Previously specializing in last-mile services for large, bulky deliveries, GoBolt expanded into small parcel delivery following its acquisition of BoxKnight. The company now collects, combines, sorts, and delivers smaller packages from e-commerce brands.
In May 2022, United Parcel Service (UPS), a US-based door-to-door delivery service provider, acquired Delivery Solutions for an undisclosed amount. This strategic acquisition enhances UPS's portfolio with Delivery Solutions' technology platform for same-day delivery services, ship-from-store capabilities, and distribution center solutions. Delivery Solutions is a US-based provider of a technology platform specializing in same-day delivery services.
Major companies operating in the in the same-day delivery services market report are A-1 Express Delivery Services Inc., FedEx Corporation, Arab American Express Co. Ltd., United Parcel Service Inc., Deliv Inc., Dalsey Hillblom Lynn, Same Day Delivery Inc., Naparex LLC, Aztec Messenger LLC, Amazon. com Inc., DC Express Inc., Citysprint Courier Services Limited, Prestige Delivery Systems Inc., TForce Final Mile Inc., American Expediting Company, Econo-Courier, Power Link Expedite Corporation, Competitive Courier Service, Bks Sameday Courier LLC, Jet Delivery Inc., Postmates Inc., Maplebear Inc., Uber Technologies Inc., DoorDash Inc., Grubhub Inc., Shipt LLC, Favor Delivery LLC, goBrands Inc., Yusen Logistics Co. Ltd., Kerry Logistics Network Limited
Asia-Pacific was the largest region in the same-day delivery services market in 2023. The regions covered in the same-day delivery services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the same-day delivery services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The same-day delivery services market consists of revenues earned by entities that are engaged in providing services such as G2B (government to business), G2C (government to consumer), B2G (business to government), and C2G (consumer to government). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Same-day Delivery Services Market Characteristics3. Same-day Delivery Services Market Trends And Strategies31. Global Same-day Delivery Services Market Competitive Benchmarking32. Global Same-day Delivery Services Market Competitive Dashboard33. Key Mergers And Acquisitions In The Same-day Delivery Services Market
4. Same-day Delivery Services Market - Macro Economic Scenario
5. Global Same-day Delivery Services Market Size and Growth
6. Same-day Delivery Services Market Segmentation
7. Same-day Delivery Services Market Regional And Country Analysis
8. Asia-Pacific Same-day Delivery Services Market
9. China Same-day Delivery Services Market
10. India Same-day Delivery Services Market
11. Japan Same-day Delivery Services Market
12. Australia Same-day Delivery Services Market
13. Indonesia Same-day Delivery Services Market
14. South Korea Same-day Delivery Services Market
15. Western Europe Same-day Delivery Services Market
16. UK Same-day Delivery Services Market
17. Germany Same-day Delivery Services Market
18. France Same-day Delivery Services Market
19. Italy Same-day Delivery Services Market
20. Spain Same-day Delivery Services Market
21. Eastern Europe Same-day Delivery Services Market
22. Russia Same-day Delivery Services Market
23. North America Same-day Delivery Services Market
24. USA Same-day Delivery Services Market
25. Canada Same-day Delivery Services Market
26. South America Same-day Delivery Services Market
27. Brazil Same-day Delivery Services Market
28. Middle East Same-day Delivery Services Market
29. Africa Same-day Delivery Services Market
30. Same-day Delivery Services Market Competitive Landscape And Company Profiles
34. Same-day Delivery Services Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Same-day Delivery Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on same-day delivery services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for same-day delivery services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Type: Business-to-Business (B2B); Business-to-Consumer (B2C); Customer to Customer (C2C) 2) By Service Type: International; Domestic 3) By Mode of Transportation: Airways; Roadways; Railways; Intermodal 4) By Application: Retail; E-Commerce; Healthcare; Manufacturing; Other Applications
- Companies Mentioned: A-1 Express Delivery Services Inc.; FedEx Corporation; Arab American Express Co. Ltd.; United Parcel Service Inc.; Deliv Inc.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- A-1 Express Delivery Services Inc.
- FedEx Corporation
- Arab American Express Co. Ltd.
- United Parcel Service Inc.
- Deliv Inc.
- Dalsey Hillblom Lynn
- Same Day Delivery Inc.
- Naparex LLC
- Aztec Messenger LLC
- Amazon. com Inc.
- DC Express Inc.
- Citysprint Courier Services Limited
- Prestige Delivery Systems Inc.
- TForce Final Mile Inc.
- American Expediting Company
- Econo-Courier
- Power Link Expedite Corporation
- Competitive Courier Service
- Bks Sameday Courier LLC
- Jet Delivery Inc.
- Postmates Inc.
- Maplebear Inc.
- Uber Technologies Inc.
- DoorDash Inc.
- Grubhub Inc.
- Shipt LLC
- Favor Delivery LLC
- goBrands Inc.
- Yusen Logistics Co. Ltd.
- Kerry Logistics Network Limited
Methodology
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