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

Global Same Day Delivery Market size was valued at USD 17828.25 million in 2019 and is poised to grow from USD 24710 million in 2023 to USD 140436.79 million by 2031, growing at a CAGR of 38.5% in the forecast period (2024-2031).

Customers prefer shopping in local shops over online platforms because of a number of reasons. One of the most notable reason is the long delivery time. But on the other hand, Same-day delivery services, deliver goods in less than 24 hours, preferably on the same day as the order has been placed. As a result, it combines the convenience of online purchasing with the immediacy of physical shopping. Moreover, the ease of ordering through online platforms, coupled with faster shipping time, empowers the Same Day Delivery Market to rapidly grow.

The availability of same-day delivery services is also anticipated to encourage consumer adoption of e-commerce/online shopping. As a result, online retailers are expected to take benefit from the adoption of same-day services. Although the product delivery time is significantly reduced and the convenience boosts their position compared to physical retailers. Moreover, same-day delivery services combine the flexibility of online shopping with quick product availability. The aforementioned benefits, combined with e-commerce platforms' increasing adoption of same-day delivery services, are anticipated to drive Same Day Delivery Market growth over the forecast period.

US Same Day Delivery Market is poised to grow at a sustainable CAGR for the next forecast year.