Courier, Express and Parcel Services Market Global Industry Analysis, Trends, Growth & Regional Outlook - UPS, FedEx Corporation, DHL International GmbH, China Post Group Cooperation, Japan Post Holdings Co. Ltd., Royal Mail, SF Express Co. Ltd., ZTO Expr
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The future and existing courier, express and parcel services market progress are outlined to know the market attractiveness. Key influencing factors focus on the courier, express and parcel services of market opportunities over the forecast years. Factors such as diversification and expansion of the logistics business by big industry players are driving the market growth. Also, the global rising disposable income is boosting the global courier, express and parcel services market growth. However, the fluctuating fuel prices is likely to hamper the market growth. Furthermore, the emergence of autonomous logistics is anticipated to be an opportunity for the courier, express and parcel services market.
Adroit Market Research report on the global anti-slip additives market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities, and challenges. The market has been studied for historic years from 2018 to 2020, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at the global as well as country level. Also, the study assesses the market based on Porter's five forces analysis and positions the key players based on their product portfolio, geographic footprint, strategic initiatives, and overall revenue. Prominent players operating in the global anti-slip s additives market have been studied in detail.
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The courier, express and parcel services market has solid competition amongst the already well-known and new market players. Also, the courier, express and parcel services industry players are pursuing potential markets to seize a competitive lead among the other industry players by forming mergers & acquisitions, agreements, acquiring other companies & new startups, establishing collaboration & partnerships, and growing their business existence.
Based on the Type segment, the market is bifurcated into Air Transport, Road Transport, Rail Transport and Sea Transport. In the year 2020, the Road Transport segment gathered the major growth and it is likely to maintain its position during the forecast years. According to (International Transport Forum) the world trade volume grew by 3.6% in 2016. According to International Transport Forum 2,73,458 goods vehicles were used in Australia for transportation, which is the highest number as of 2020. Additionally, in the 21st century the number of fatalities in road accidents is also decreased scale. The new trade trends between Asia, South America, and Africa will re-chart the global supply chains, and the use of road transport for e-commerce local deliveries is also set to be on a high note. These factors are expected to drive the market growth for road transport in the cargo industry.
The North American region is projected to accumulate the highest growth during the forecast years. The market growth in this region is mainly ascribed to the growing need for improved productivity and increased demand in this region. In addition to this, the North American region held the highest market share in 2020 and it is projected to remain dominant during the forecast years 2021-2028.
The major players of the global courier, express and parcel services market are UPS, FedEx Corporation, DHL International GmbH, China Post Group Cooperation, Japan Post Holdings Co. Ltd., Royal Mail, SF Express Co. Ltd., Poste Italiane, YTO Express (International Holdings Limited), ZTO Express, STO Express, Yunda Express, Aramex. The courier, express and parcel services market comprises well established local as well as global players.
Key Segments of the Global Courier, Express and Parcel Services Market
Type Overview, 2018-2028 (USD Billion)
Application Overview, 2018-2028 (USD Billion)
Regional Overview, 2018-2028 (USD Billion)
Rest of Europe
Rest of Asia-Pacific
Rest of Latin America
Middle East and Africa
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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