Same Day Delivery Market

Global Same Day Delivery Market Size (2024 to 2029)

The global same day delivery market size is estimated to be USD 4.34 billion in 2024. The global same day delivery market is further forecasted to grow to USD 12.52 billion by 2029 at a compound annual growth rate (CAGR) of 23.6% from 2024 to 2029.

Current Scenario of the Global Same Day Delivery Market

Same day delivery services are permitted to be offered within the city as it is impossible to deliver the product which is far away from the stores. The employees must schedule a time window for delivering the parcels and should maintain ideal means of transport network systems. The primary goal of these services is to have the fastest delivery within a scheduled time window and to provide a better experience for the customers.

The emergence of e-commerce and the increasing utilization of smartphones, tablets, and laptops are majorly propelling the growth of the same day delivery market. Growing capital income in developed and developing countries and rising support from government organizations are fuelling the growth rate of the same day delivery market. An increasing number of online stores and a rising need for instant medicines, food, and beverages are contributing to the global market growth. However, the rise in fraud activities is slightly restraining the global market growth. Concern about privacy among people is inhibiting the growth of the same-day delivery market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Same Day Delivery Market By Type

The B2B type had the largest share of the global market in 2022 and is expected to grow at a healthy CAGR during the forecast period. The growing retail sales online and the rising prevalence of parcels in express delivery mode options are driving the growth of the B2B segment in the worldwide market.

Global Same Day Delivery Market By Application

The E-commerce segment is predicted to witness the highest and fastest CAGR in the worldwide market during the forecast period owing to the rising awareness among people regarding the available online platforms and the rise in disposable income in urban areas.

REGIONAL ANALYSIS

North America accounted for a dominating share of the global market during the forecast period owing to the quick adoption of the latest technology and the launch of various techniques to improve delivery services. Increasing awareness in managing the delivery process is greatly influencing the growth of the North American market.

The Asia Pacific is predicted to account for a considerable share of the global market during the forecast period owing to the rising population and also increasing product sales online. India and China are major countries contributing the highest share of the APAC market.

Europe is growing tremendously and is to hit a promising CAGR in the coming years. Growing demand to provide better experience is broadening the growth of the market. The Middle East and Africa are anticipated to have the highest CAGR in the coming years.

KEY MARKET PLAYERS

FedEx, Express Courier, DHL Group, USA Couriers and Parcelforce Worldwide are some of the notable companies in the global same day delivery market.

DETAILED SEGMENTATION OF THE GLOBAL SAME DAY DELIVERY MARKET INCLUDED IN THIS REPORT

This research report on the global same day delivery market has been segmented and sub-segmented into the following categories.

By Type

• B2B
• B2C

By Application

• Retailers
• E-Commerce

By Region

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