Courier, Express and Parcel Market Size and Share 2022-2027

The IMARC Group provides extensive analysis of the courier, express and parcel industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on courier, express and parcel market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:

Historical market data from 2016-2021
CAGR of the market during the forecast period 2022-2027
Detailed information on factors that will drive market growth during the next five years
Precise estimation of the Keyword market size and its contribution to the parent market
Upcoming market trends and changes in consumer behavior
A thorough analysis of the market's competitive landscape and detailed information on key players
Comprehensive details of factors that will challenge the growth of smart meters market key players

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The global courier, express and parcel market reached a value of US$ 394 Billion in 2021. Courier, express, and parcel (CEP) are the services that provide delivery of various goods and products through land, air, or waterways across locations. The packaged goods are non-palletized and generally, weigh around a hundred pounds altogether. These services function typically on business-to-business (B2B), business-to-customer (B2C) and customer-to-customer (C2C) model, combined with other value-added services for the enhanced delivery experience. Unlike conventional courier and parcel services, express deliveries are generally time-bound, enabling high-value consignments to be delivered in few days or at a pre-decided date and time.

Courier, Express and Parcel Market Trends:

The growing e-commerce industry and elevating cross-border trade are driving the growth of the market. The emergence of cross-border trade channels, particularly in the emerging economies, has escalated the number of international trade and B2C shipments. Moreover, growing consumer traction for online shopping through e-commerce portals further bolsters the market growth. E-commerce retailers partner with courier service companies for the delivery of goods across domestic and international locations. Additionally, technological advancements, such as integrating digital technologies with crowdsourced delivery models, further aggravate the market growth. These technologies help enhance overall operational efficiency and meet customer requirements effectively. Furthermore, rapid urbanization, increasing consumer expenditure capacities, and growing manufacturing industry is further projected to drive the market growth. Looking forward, IMARC Group expects the global courier, express and parcel market to reach US$ 519.6 Billion by 2027, exhibiting at a CAGR of 4.61% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape:

Aramex PJSC
Deutsche Post AG
Fedex Corporation
La Poste SA
Pos Malaysia Berhad
Poste Italiane SpA.
PostNL NV
Qantas Courier Limited
Royal Mail Group Plc
SF Express Co. Ltd.
SG Holdings Co. Ltd.
Singapore Post Ltd.
United Parcel Service Inc.
Yamato Transport Co.

The report has segmented the market on the basis of service type, destination, type, end-use sector and region.

Breakup by Service Type:

B2B (Business-to-Business)
B2C (Business-to-Consumer)
C2C (Customer-to-Customer)

Breakup by Destination:

Domestic
International

Breakup by Type:

Air
Ship
Subway
Road

Breakup by End-Use Sector:

Services (BFSI- Banking, Financial Services and Insurance)
Wholesale and Retail Trade (E-commerce)
Manufacturing, Construction and Utilities
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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