India Courier, Express, And Parcel (CEP) Market 2021 Current Trends, Rising Demand and Top Key Players – Blue Dart Express, Instakart Services (ekart logistics), Gati Ltd., DHL

India Courier, Express, And Parcel (CEP) Market - Growth. Trends And Forecasts (2020-2025)

The report presents an in-depth assessment of the India Courier, Express, And Parcel (CEP) including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for India Courier, Express, And Parcel (CEP) investments from 2020 till 2025.

The market for Courier, Express, and Parcel (CEP) in India is estimated to grow at a CAGR of more than 10.5% driven by the growth in the e-commerce segment, higher internet penetration into the masses, and the latest technological innovations in the sector.

The India Courier, Express, And Parcel (CEP) market is highly competitive and consists of a number of major players: Blue Dart Express, Instakart Services (ekart logistics), Gati Ltd., DHL, DTDC Express, Delhivery, Safexpress, Ecom Express, FedEx, India Post, Overnite Express, UPS, First Flight Couriers

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Scope of the Report                       

The logistics organizations, particularly in the CEP business must be thoughtful in regard to the technological investments which otherwise can make the business disturbed. The presentation of Goods and Service Tax (GST) in the country has likewise emphatically influenced the online/e-commerce logistics market since all the indirect taxes have been compiled into one. It permits the logistics companies to smoothen the movement of products inside the nation.

Key Market Trends

Rise in E-Commerce Sector to Boost the CEP Market in India

E-commerce is one of the main factors driving the market growth. Rapid development in its online/ e-commerce market, more significant levels of extra cash, and increased internet penetration have made India among the best three quickest developing markets for parcel shipment.

E-commerce based business has changed the manner in which business is done in India. The Indian internet business advertise is relied upon to develop to USD 200 billion by 2026 from USD 38.5 billion starting in 2017. Increasing growth in the e-commerce industry is attributed to several reasons, the introduction of the governments Digital India initiative is of the main such factor.

The number of internet users had increased over the years in rural as well as urban regions. It appeared to be likely from past patterns that the dispatch of the Jio fixed-line broadband assistance, called Gigafiber may help in the already expanding e-commerce and internet penetration in the nation. As of Jan 2020, the countries' digital population is around 688 million which will undoubtedly observe an ascent. Inferable from the high internet penetration over the most recent 2 years, which is just expected to ascend during the conjecture time frame, the CEP market in India is expected to observe consistent development during the gauge time frame.

Domestic Segment Holds Largest Share in the Market

The total CEP market in India is valued at USD 4.29 billion by the start of 2019 with the domestic market holding up the major share. The revenue generated by the domestic CEP market has amounted to USD 3.14 billion by the start of the year 2019, which is approximately 73% of the total revenue generated by the Indian CEP market.

The domestic CEP market is likely to witness the growth and hold the major share during the forecast period driven by the B2C e-commerce boom. Digitizing the economy and providing cheap internet to the people are a few of many reasons that boosted the growth of digital sales in India. In 2018, e-commerce sales across India were estimated to increase by 25 percent.

As B2C e-commerce demand continues to grow, the role of last-mile logistics has taken the spotlight with several investments and start-ups seen in India. Increasing demand for speed of delivery and expanding internet penetration leading to a greater number of regions active online has led to a significant rise in the last mile market in recent years.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: India Courier, Express, And Parcel (CEP) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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