Same Day Delivery Market Size, Share, Growth Analysis, By End User(B2B, B2C, C2C), By Service(Domestic, International), By Application(Retail, E-Commerce, Healthcare, Manufacturing), By Region - Industry Forecast 2024-2031

Same Day Delivery Market Driver

• With the proliferation of e-commerce companies on the expansion, the logistics industry has seen a significant increase in the provision of same-day last mile deliveries. Besides that, receiving a package on the same day of delivery is now almost common, resulting in the growth of last mile delivery services.
• Increasing demand for groceries, perishables, and food and beverages, the e-commerce and logistics industries are placing a greater emphasis on same-day delivery options. Furthermore, the ongoing project of logistics companies that can provide efficient as well as timely last mile deliveries is another opportunity that is expected to fuel the growth of the same day delivery Same Day Delivery Market in the near future.

Same Day Delivery Market Restraint

• The major Same Day Delivery Market restraint for the same day delivery market is the lack of infrastructure and the cost to develop the supply chain. Logistics requires adequate infrastructure, supply chain management, and trade facilitation. Without these, firms must increase their stock reserves and working capital, which can have a significant impact on national and regional competitiveness due to high financial costs. Furthermore, a lack of infrastructure impedes the logistics Same Day Delivery Market by increasing costs and decreasing supply chain reliability, such as significant inefficiencies in transportation, poor storage infrastructure condition, complex tax structure, low rate of technology adoption, and poor logistics professional skills.