In the historic year 2017, the size of the global same-day delivery market was USD 2.81 billion. Growth in the demand of customer for fast product delivery is anticipated to boost the global same-day delivery market in the coming years. A rise in the online sales integrated with the increase in e-commerce companies’ penetration across the globe is projected to influence the manufacturers to deliver the same day delivery services.
Increase in the internet users and rising acceptance of smartphones can surge online shopping that increases the demand for same day courier service. Moreover, introducing the innovative techniques by e-commerce companies to endure same day delivery can propel the same day delivery market growth. Increasing value for the immediate delivery of food and beverages and medicines can fasten the service providers to reinforce their distribution channels. Expensive maintenance, labor and fuel can negatively effect on the probability of e-commerce companies handling logistics. Introducing the fully automated robots in logistics can lessen the errors and fasten the deliveries, by increasing the global same-day delivery market growth over the forecast period.
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Huge primary investment essential for upgrading the already present infrastructure with robotic machines can affect the growth of the same-day delivery market. On the other hand, growth in the number of online shoppers substituted to increasing penetration of e-commerce platforms can make lucrative opportunities for the same day delivery market during the forecast period.
Automation linked with the increase in various internet users is projected to impel the growth of the same-day delivery market in the coming years. Moreover, an increase in the number of smartphone users is anticipated to develop the acceptance of same-day delivery in the coming years. Well-developed e-commerce companies like Groupon, Zalando, Rakuten Inc., B2W Companhia Digital, eBay Inc., Jingdong, Alibaba Group Holding Ltd., and Amazon Inc. are adding several ways to make the timely delivery of products. For example, a collaboration between Ekart and Flipkart has enhanced the delivery efficacy of Flipkart with less cost of delivery.
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The B2C e-commerce industry in the US valued for the maximum shares of total retail sales. Because of the increase in online shopping and Internet penetration, the B2C e-commerce sector is getting popular in the US. Key manufacturers like FedEx and UPS are delivering the parcel delivery services to the same-day delivery market. The increasing B2C e-commerce market in the US is the initial drivers of the same-day delivery market. Consumers are eager to offer extra money for the fast delivery of products, and time demand for parcel delivery differs with every customer. The e-retailers are providing decreased lead time to withstand competitively in the same day grocery delivery market. Even the customers’ requests for same day delivery for the products like luxury and food items like jewelry with the huge delivery cost.
Various logistics players are capitalizing in autonomous logistics, to withstand profitably and accomplish the advantage with competitors. Autonomous logistics is getting popular in the market as it alters the manual interaction, decreases labors errors and reduces the period of logistics operations. Even the factors like increasing labor cost and lack of skilled labors will fuel the acceptance of robotics in the same day delivery market. Implementing the automation in same day delivery market will impel the growth in the coming years.
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Few points from Table of Contents
1. Executive Summary
2. Research Methodology
Research approach
Scope, definition, and assumptions
Data types
3. Market Outlook
Introduction
Key trends
Market drivers
Market restraints
Market opportunities
Value chain analysis
Regulatory framework
4. Same Day Delivery Market Overview, By Type
Global same day delivery market share, by type, 2017 & 2025B2B
Market size and projections, 2015-2025
B2C
Market size and projections, 2015-2025
5. Same Day Delivery Market Overview, By Application
Global same day delivery market share, by application, 2018 & 2025Retailers
Market size and projections, 2015-2025
E-commerce
Market size and projections, 2015-2025
Continued…
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