Press release
Philippines Courier, Express, and Parcel (CEP) Market 2021 : Future Growth Prospect, Industry Share And Growing Demand Analysis Till 2026
The Philippines Courier, Express, and Parcel (CEP) Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The market for Courier, Express, and Parcel (CEP) in the Philippines is estimated to grow at a CAGR of 4% during the forecast period.”
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Top Leading Companies of Philippines Courier, Express, and Parcel (CEP) Market are Deutsche Post DHL Group, FedEx Corporation, United Parcel Service Inc., LBC Express Inc., Philippine Postal Corporation, Quantium Solutions (Philippines) Inc., Citixpress Inc., JRS Express, Zoom Courier, 2GO Express, Xend Business Solutions, Grabexpress, Transportify, ABest Express, Fastrack and others.
Key Market Trends:
Growing E-commerce in the country:
In the Philippines, consumer spending, as well as e-commerce, is rising. Last-mile growth has largely been driven by the rise of e-commerce. With general trade and supply chains, the rise in consumer spending has been driving logistics growth, as well as the warehousing and freight requirements of more successful SMEs.
The Philippine e-commerce industry is expected to witness exponential growth, with its share of the Southeast Asian market expected to be worth USD 10 billion by 2025, E-commerce only amounts to 1.5% of the Philippines retail market, which indicates a significant potential for growth.
Recognizing the importance of e-commerce for the Philippine economy, the country’s Department of Trade and Industry (DTI) developed the Philippine e-commerce Roadmap 2016-2020. Its primary goal is to get online business activities to account for 25% of the country’s GDP by 2020, up from 10% in 2015.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Philippines Courier, Express, and Parcel (CEP) Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Philippines Courier, Express, and Parcel (CEP) Market (%),2016 - 2026
- Philippines Courier, Express, and Parcel (CEP) Market Share, By Brand
- Philippines Courier, Express, and Parcel (CEP) Market Share, By Company
- Philippines Courier, Express, and Parcel (CEP) Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Philippines Courier, Express, and Parcel (CEP) Market Value Analysis & Forecast
- Promising Philippines Courier, Express, and Parcel (CEP) Development by Major Companies
- Detailed Philippines Courier, Express, and Parcel (CEP) Portfolio of the Major Companies
- Major Deals in the Philippines Courier, Express, and Parcel (CEP) Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/07202152037/philippines-courier-express-and-parcel-cep-market-growth-trends-and-forecasts-2020-2025?Mode=namita
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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