The global same-day delivery market is anticipated to grow at a considerable CAGR of around 21% during the forecast period. The market is driven by increasing trading activities due to globalization, its expansion in recent years, several activities connected to trade are expanding. Growing trade needs require efficient methods for a transportation solution for good transportation. Manufacturers and retailers are finding it difficult to keep track of transportation in an effective manner hence freight transportation companies support manufacturers to keep track and control transportation including warehouse, distribution services. For instance, in September 2021, United Parcel Service announced to by platform named Roadie to provide a same-day delivery option for its customers. The company expand its logistics capabilities with Roadie, the “on-the-way” delivery app, which serves same-day delivery across by enlisting drivers headed a certain direction with extra vehicle storage space to deliver goods to users. Moreover, the growing trend in trade activities and increase in concern about seamless transportation activities are expected to drive the growth of the same-day delivery market. However, low perforation of technology, lack of IT and logistics infrastructure, technical knowledge among individuals to operate along the absence of data is hampering the market to grow.
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Global supply chain and logistics operations have been dramatically reduced due to the cancelation of aircraft, travel prohibitions, and others, important supply chains such as the logistics and transportation industry are hampered throughout the air, maritime, and freight industries. The COVID-19 directly affected the logistic business involved in moving, storing, and distributing products due to this the same-day delivery market slow down in business as domestic and international boundaries closed down and freight carriers there were still in motion.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Same Day Delivery Market Report by Segment
By Type
- Business To Business (B2B)
- Business to Consumer (B2C)
By Application
- Retailers
- E-commerce
Global Same Day Delivery Market Report by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global same-day delivery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis omarket-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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