Express Delivery Market to grow at a CAGR of 6.3% from 2020 to 2027

The express delivery market was valued at US$ 2,39,337.5 million in 2019 and it is expected to grow at a CAGR of 6.3% from 2020 to 2027.

Express delivery is the quickest method of shipping. The client pays an additional shipping fee for express delivery as the shipment will be done within 24-72 hours. The key factor driving the express delivery market is the rising adoption of e-commerce among global population. Increase in the adoption of smartphones and high penetration of internet across the world is positively influencing the adoption of e-commerce worldwide. The increasing investment by companies on same-day delivery of consumer goods is the key factors driving the growth of the express delivery market.

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The express delivery market is segmented on the basis of destination, business type, end-user, and geography. Based on destination, the market is segmented into domestic and international. The domestic segment is dominating the express delivery market. Based on business type, the market is segmented into Business-to-Business (B2B) and Business-to-Consumer (B2C). The B2B segment is projected to dominate the market during the forecast period. Based on end-user, the market is segmented into BFSI, Automotive, Pharmaceuticals, IT and Telecom, Electronics, Retail and E-commerce, and others. The automotive segment accounted for the largest revenue share in 2019, whereas the retail and e-commerce segment is projected to register the fastest CAGR during the forecast period.

The scope of the Express Delivery Market Report:

The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Express Delivery in North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also provides market insights and analysis of the Express Delivery, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.

The global Express Delivery Market is segmented based on deployment, component, solution, application, and geography. The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of products offered by the leading participants in the industry in order to understand widely used market specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.

Report Spotlights

Progressive industry trends in the global express delivery market that help players develop effective long-term strategies
Business growth strategies adopted by developed and developing markets
Quantitative analysis of the global express delivery market from 2018 to 2027
Estimation of global express delivery demand across various industries
PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
Recent developments to understand the market competition and global demand
Market trends and outlook, coupled with factors driving and restraining the growth of the global market
Decision-making process by understanding strategies that underpin commercial interest with regard to global express delivery market growth
Global express delivery market size at various nodes of market
Detailed overview and segmentation of the global express delivery market, as well as its dynamics in the industry
The global express delivery market size in various regions with promising growth opportunities

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Major key players covered in this Express Delivery Market report:

AFTERSHIP LTD, ARAMEX INTERNATIONAL LLC, DHL INTERNATIONAL GMBH, FEDEX CORPORATION, KONINKLIJKE POSTNL, POSTE ITALIANE., SF EXPRESS (GROUP) CO. LTD., TNT HOLDINGS B.V, UNITED PARCEL SERVICE OF AMERICA, INC., USPS,

 Express Delivery Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Reason to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Express Delivery Market.
Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
The key findings and recommendations highlight crucial progressive industry trends in the Express Delivery Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

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Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Contact Us:

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Contact Person: Sameer Joshi

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Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.