The same-day delivery market in the US is expected to grow by USD 9.82 billion from 2020 to 2025. The growth momentum of the market is anticipated to accelerate at a CAGR of 20.31%. This growth can be attributed to the growing B2C e-commerce market in the US. However, established players increasingly adopting an in-house delivery network can hamper the growth of the market during the next few years.
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Market Driver and Challenge
The growing B2C e-commerce market in the US is driving the same-day delivery market growth. This industry accounted for a major share of overall retail sales. The B2C e-commerce segment is gaining prominence in the US because of the increasing Internet penetration and online shopping. End-users are willing to pay more for quick delivery of their products. E-retailers are offering reduced lead time to sustain competitively in the same-day grocery delivery market. In addition, consumers demand same-day delivery for products such as food and luxury items such as jewelry, along with the high delivery cost.
The established players increasingly adopting an in-house delivery network will challenge the same-day delivery market in the US during the forecast period. An in-house delivery network is feasible for retailers that have a large volume of online sales, such as Wal-Mart Stores and Costco. However, it is challenging for an outsourced delivery company to meet the customized requirement of retailers for each category of products. Therefore, in-house delivery networks are expected to restrict outsourced delivery service providers (comprising same-day delivery service providers) from getting opportunities in the US retail segment.
Major Same-Day Delivery in US Companies:
- A1-SameDay Delivery Service Inc.
- Courier Express
- Deutsche Post DHL Group
- FedEx Corp.
- Last Mile Logistics
- Power Link Expedite Corp.
- Target Corp.
- United Parcel Service Inc.
- USA Couriers
- Zipline
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Same-Day Delivery Market In US End-user Outlook (Revenue, USD bn, 2020-2025)
- B2C – size and forecast 2020-2025
- B2B – size and forecast 2020-2025
- C2C – size and forecast 2020-2025
Same-Day Delivery Market In US Service Outlook (Revenue, USD bn, 2020-2025)
- Regular service – size and forecast 2020-2025
- Priority service – size and forecast 2020-2025
- Rush service – size and forecast 2020-2025
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