Press release
Courier, Express, and Parcel (CEP) Market Business Overview to 2023 are dominated by key players: Deutsche Post DHL Group, United Parcel Service Inc., FedEx Corporation, SF Express (Group) Co. Ltd,La Poste SA (GeoPost SA/DPD Group).
Courier, Express, and Parcel (CEP) Market Size and Growth Rate:Courier, Express, and Parcel (CEP) Market was valued at USD xx million in 2017 and projected to reach USD xx million by 2023 growing at a CAGR of xx% during the forecast period 2018 to 2023.
Courier, Express, and Parcel (CEP) Market Overview:
Courier, express and parcel services provide a simple and efficient way to deliver a variety of items, such as packages, documents and other important items. The use of these services has the advantages of secure package delivery, cost-effective service and package tracking system. As a result, the companies that provide this type of service are gaining popularity around the world. The multiplication of trade agreements between countries to improve product quality and provide better customer service is the main factor that will probably boost the express and parcel market during the forecast period. The introduction of new free trade agreements is likely to encourage investment in developing regions to strengthen commercial activities, which in turn should boost the market during the forecast period. The increase in international trade, the development of economic zones and free trade zones, as well as government initiatives in the area of import and export regulation, could boost the courier, express and parcel market over the forecasted period.
Browse details of 126 number of pages research report developed on Courier, Express, and Parcel (CEP) Market @ https://www.researchcosmos.com/reports/courier-express-and-parcel-cep-market-analysis-by-service-b2b-b2c-c2c-by-destination/7842278
Courier, Express, and Parcel (CEP) Market Growth Drivers and Restraints:
The introduction of several free trade agreements that encourage investments in emerging economies is one of the main drivers of the market. The growth in the world market for courier, express and parcel services is largely due to the development of international trade, resulting from the liberalization of trade conditions through various free trade agreements. With the creation of Special Economic Zones, Free Trade Zones (FTAs) and Export Processing Zones (EPZs) by governments in several countries around the world, the transport sector experienced considerable growth. In addition, new commercial brokers are also emerging that will help logistics and transportation companies significantly increase their profits. To take full advantage of future growth opportunities, small businesses will collaborate with other logistics companies. For example, in order to provide better e-commerce solutions, Aramex has entered into a joint venture with Australia Post and StarTrack.
Geographic Insights of Courier, Express, and Parcel (CEP) Market:
APAC accounted for the largest market share in 2017 due to factors such as the growth of B2C trade in countries such as China, India and Japan, and will probably continue its market dominance throughout the forecast period.
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Key Market Players of Courier, Express, and Parcel (CEP) Market:
Some of the leading giants in world Courier, Express, and Parcel (CEP) Market include Deutsche Post DHL Group, United Parcel Service Inc., FedEx Corporation, SF Express (Group) Co. Ltd, Poste Italiane SpA, La Poste SA (GeoPost SA/DPD Group), Royal Mail Plc (GLS/Parcelforce), Yamato Holdings Co. Ltd, Qantas Courier Limited, SG Holdings Co. Ltd, PostNL NV, Aramex PJSC, Singapore Post Ltd, Pos Malaysia Berhad.
Courier, Express, and Parcel (CEP) Market Key Segmentation:
By Service:
• B2B (Business-to-business)
• B2C (Business-to-consumer)
• C2C (Customer-to-customer)
By Destination:
• Domestic
• International
By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa
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