Press release
Domestic Couriers Market 2020: Industry Trends, Size, Growth Applications, Swot Analysis By Top Key Players And Forecast Report To 2023
The Business Research Company offers "Domestic Couriers Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global domestic couriers market is expected to grow from $34.1 billion in 2019 to about $55.7 billion in 2020. Social distancing and closure of local stores has led to a marginal increase in demand for domestic courier services to deliver items locally including essential supplies. The market is expected to stabilize and reach $56.4 billion at a CAGR of 13.4% through 2023.
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The domestic couriers market consists of the sales of the guaranteed express delivery services of small packages and parcels, in metropolitan areas, urban centers within a country. The market includes the sales of various courier and local delivery services which finds applications in various business models such as Business-to-Business (B2B), Business-to-Consumer (B2C) and Consumer-to-Consumer (C2C).
In-house delivery networks are expected to restrict the growth of the courier and local delivery services market in the US. In-house delivery refers to the retailers using their own dedicated delivery staff and own fleet of vehicles to deliver orders to customers. For instance, Tesco, a British multinational grocery and merchandise retailer uses in-house delivery quite successfully and the other example includes pizza delivery by Domino’s company. Thus the increasing adoption of in-house delivery units by retailers is anticipated halt the growth of courier and local delivery service market in the forecast period.
Domestic Couriers Market Segmentation: -
By Type
1. Ground
2. Express
3. Deferred
By Applications
1. Business-to-Business (B2B)
2. Business-to-Consumer (B2C)
3. Consumer-to-Consumer (C2C)
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/domestic-couriers-global-market-report-2020-30-covid-19-implications-and-growth
Few Points From Table Of Content
1. Executive Summary
2. Domestic Couriers Market Characteristics
3. Domestic Couriers Market Size And Growth
4. Domestic Couriers Market Segmentation
5. Domestic Couriers Market Regional And Country Analysis
……
25. Domestic Couriers Market Competitive Landscape
26. Key Mergers And Acquisitions In The Domestic Couriers Market
27. Domestic Couriers Market Trends And Strategies
28. Domestic Couriers Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the domestic couriers market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the domestic couriers market are FedEx Corporation, United Parcel Service Inc., A-1 Express , SF Express Co. Ltd., , UPS Limited, DHL Express, Yunda Holding Co., Ltd. , Royal Mail, Japan Post Group.
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The Business Research Company has published over 1000 industry rep orts, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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