SAN FRANCISCO, July 3, 2018 /PRNewswire/ --
Global Same-Day Delivery Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Online retail sales last to grow rapidly allowing sellers to increase their wallet share and fortify customer faithfulness. Same-Day Delivery is a system of delivering products purchased at critical last minute. It has the ability to change the way one shop. It assimilates the suitability of online retail with the imminence of bricks-and-mortar stores. Companies like UPS, DHL, FedEx, and DPD have started operating and piloting new models of same-day delivery. Growing number of End-users that are ready to pay extra for quick delivery and growing demand from customers for dame day delivery for products like grocery, luxury items, and food are documented as major factors of Same-Day Delivery Market that are estimated to enhance the growth in the years to come.
However, high cost of labor, maintenance, and fuel are the factors that may restrain overall market growth in coming years. Same-day Delivery Market is segmented based on end users and region. End users such as C2C, B2C, and B2B classify Same-day Delivery Market. The B2C industry sector accounts for the substantial market share and is estimated to continue its dominance in the coming years. The reason being, spreading customer base is high demand for same day delivery by B2C customer, and growing same-day grocery delivery market. In addition, rising B2C e-commerce sector will also complement the progression of the B2C sector in the coming years. Same-day Delivery Market is segmented geographically into Americas (North America, South America, and Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Globally, North America accounts for the substantial market share of Same-day Delivery and is estimated to lead the overall market in the coming years. The United States is a major consumer of Same-day Delivery in the region. The reason behind growth could be raising internet penetration, online shopping, and booming B2C e-commerce sector in the U.S. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Same-day Delivery in this region.
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The key players of Same-day Delivery Market are Power Link Expedite, FedEx Corp., American Expediting Co., Parcelforce Worldwide, TForce Final Mile, and DHL Express. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
This report studies the global Same-day Delivery market, analyzes and researches the Same-day Delivery development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
- A-1 Express
- TForce Final Mile
- USA Couriers
- American Expediting
- Express Courier
- Parcelforce Worldwide
- Power Link Delivery
- Prestige Delivery
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
Market segment by Application, Same-day Delivery can be split into
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