Industry Background:
Same-day delivery is that the method of delivering the product from makers to the end-user within a shorter time span. The same-day delivery services within the supplying business have gained traction as they provide moneymaking business growth and enlargement opportunities for service suppliers. Moreover, thanks to the augmented demand for having the merchandise in an exceedingly shorter time span, makers have opted for the usage of fast product delivery.This growth is primarily driven by The emergence of Last Mile Deliveries Coupled with Logistics Automation and Growth in Online Shopping for Groceries and Daily Needs.
Globally, a noticeable market trend is evident Integration of Smart Tools and Artificial Intelligence for the ease of Tracking. The Business Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as A1 Express Services Inc., Aramex (United Arab Emirates), DHL (Germany), Dropoff, Inc. (United States), FedEx Corp. (United States), Amazon (United States), Jet Delivery, Inc. (United States), Power Link Expedite (Canada), United Parcel Service of America, Inc. (United States) and USA Couriers (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2020, Target, which already owns on-demand delivery service Shipt, acquired technology assets from same-day delivery service Deliv. This acquisition will be helping target get the same-day delivery expertise of Deliv and faster serving ability to the customers for the daily needs.
In 2021, US-based pharmacy retailer Walgreens has launched a contactless same-day delivery service for retail products. Customers can order from a selection of listed items and have their orders delivered to their doorstep in less than two hours. The Same Day Delivery option can be selected at the checkout when shopping online or through the app.
Market Drivers
- The emergence of Last Mile Deliveries Coupled with Logistics Automation
- Growth in Online Shopping for Groceries and Daily Needs
Market Trend
- Integration of Smart Tools and Artificial Intelligence for the ease of Tracking
Restraints
- Poor Infrastructure & Higher Logistics Cost
Opportunities
Cost Cutting & Lead Time Reduction Due to Adoption of Multi-Modal System and Increasing Penetration of Smart Devices
Challenges
Lack Of Control of Manufacturers & Retailers on Logistics Service
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Same Day Delivery Study Sheds Light on
The Same Day Delivery Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Same Day Delivery industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Same Day Delivery industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.