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Domestic Courier, Express, and Parcel Market to See Massive Growth by 2029

10-27-2023 11:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Domestic Courier, Express, and Parcel Market to See Massive

The global domestic courier, express, and parcel market is anticipated to grow at a CAGR of 6.3% during the forecast period. E-commerce is a virtual store where goods and services do not need any physical space and are sold through websites. Although the e-commerce industry utilizes courier, express, and parcel services to manage and oversee the supply chain of e-commerce companies. Moreover, easy availability, convenient shopping experiences, and heavy discounts, offers, and deals make e-commerce a popular medium for purchasing various products. These factors have collectively contributed to the growth of the market for e-commerce services. Furthermore, rising cross-border trade channels have boosted international trade and B2C shipment adoption, especially in developing nations. For instance, in June 2022, Aramex PJSC acquired Access USA Shipping LLC (MyUS), a technology-driven platform enabling cross-border e-commerce, for a cash purchase price of $265.0 million.

With the rise in the demand for e-commerce, there has been a proportional increase in demand for parcel delivery. To cater to the growing demand for the courier, express, and parcel services, logistics vendors are integrating LMD models with their offerings to provide regular delivery, same-day delivery, instant delivery, and other value-added services. The last-mile delivery model comprises postal mail run, crowd shipping, courier delivery, and courier delivery to lockers. Such an increasing adoption will propel the domestic courier, express, and parcel market growth during the forecast period.

To Request a Sample of our Report on Domestic Courier, Express, and Parcel Market:  https://www.omrglobal.com/request-sample/domestic-courier-express-and-parcel-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- 

Business
End User
Mode of Transportation
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Deutsche Post DHL Group, FedEx Corp, S.F. Express Co., Ltd., United Parcel Service of America, Inc., and others.
Domestic Courier, Express, and Parcel Market Report Segment

By Business

B2B (Business-to-Business)
B2C (Business-to-Consumer)
C2C (Consumer-to-Consumer)
By End-User

BFSI
Wholesale and Retail Trade
Healthcare
Industrial Manufacturing
Construction and Utilities
Government
By Mode of Transportation

Railways
Airways

Roadways
Waterways
A full Report of Domestic Courier, Express, and Parcel Market is Available @  https://www.omrglobal.com/industry-reports/domestic-courier-express-and-parcel-market

Domestic Courier, Express, and Parcel Market Report Segment by Region

North America                                                                                                           

·        United States
·        Canada
Europe

·        UK
·        Germany
·        Spain
·        France
·        Italy
·        Rest of Europe
Asia-Pacific

·                  India
·                  China
·                  Japan
·                  South Korea
·                  Rest of APAC
Rest of the World

Latin America
Middle East and Africa 
Company Profiles 

A1 Express Delivery Service, INC.
Allied Express Transport
Aramex Group
Associated Couriers, LLC
BDP INTERNATIONAL INC.
BHF Couriers
DTDC Express Ltd.
Freightways
One World Express Express Inc.
Poste Italiane
Qantas Airways Ltd.
Royal Mail Group Ltd.
SG Holdings Co., Ltd.
Singapore Post Ltd.
TCIEXPRESS Ltd.
Yamato Transport Co., Ltd.
Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/domestic-courier-express-and-parcel-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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