DUBLIN, October 18, 2021--(BUSINESS WIRE)--The "Same Day Delivery Market by Application, Mode of Transportation, and End User: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
Same day delivery is the process of delivering the product from manufacturers to the end user within a shorter time span. The same day delivery services in the logistics industry have gained traction as they provide lucrative business growth and expansion opportunities for service providers.
Moreover, same day delivery services applied across the globe offer advantages such as improved customer satisfaction as the consumer equally values quality and immediacy in the service and same day delivery is an excellent way to exceed the expectations of users and loyalty. Moreover, it offers less friction in product purchase decision as the waiting time in the reception of products is reduced.
The growth of the global same day delivery market is driven by development of the e-commerce industry and increase in trading activities due to globalization. However, poor infrastructure & higher logistics costs and lack of control of manufacturers & retailers on logistics service are the factors that hamper the growth of the same day delivery market. Meanwhile, emergence of last mile deliveries coupled with logistics automation and cost cutting & lead time reduction due to adoption of multi-modal system are the factors that are expected to provide opportunities for the growth of the global same day delivery market in the near future.
The global same day delivery market is segmented on the basis of application, mode of transportation and end user. Based on application, the market has been categorized into retail, e-commerce, healthcare, manufacturing, documents & letters and others. Based on the mode of transportation, the global same day delivery market has been categorized into airways, roadways, railways and intermodal. Moreover, the end users such as B2B, B2C and C2C are involved in the same day delivery market. Region wise, the global same day delivery market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits for Stakeholders
This study presents analytical depiction of the global same day delivery market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
Porter's five forces analysis illustrates the potency of the buyers and suppliers.
Development of e-commerce industry
Increase in trading activities due to globalization
Poor infrastructure and higher logistics costs
Lack of control of manufacturers and retailers on logistics service
Emergence of last mile deliveries coupled with logistics automation
Cost cutting & lead time reduction due to adoption of multi-modal system
A1 Express Services Inc.
Jet Delivery, Inc.
Power Link Expedite
United Parcel Service of America, Inc.
XPO Logistics, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/93fsue
View source version on businesswire.com: https://www.businesswire.com/news/home/20211018005414/en/
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