Press release
Express Delivery Market to Grow at CAGR of 6.4% and Reach $484.38 Billion by 2030
๐๐๐ฉ ๐๐ฃ๐จ๐๐๐ ๐๐๐ค๐ค๐ฅ ๐ค๐ ๐ฉ๐๐ ๐ง๐๐ฅ๐ค๐ง๐ฉ, ๐ง๐๐ฆ๐ช๐๐จ๐ฉ ๐๐ค๐ง ๐จ๐๐ข๐ฅ๐ก๐:- https://www.alliedmarketresearch.com/request-sample/12868
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐
Surge in the e-commerce industry, increase in B2C deliveries, and rise of the international trade services drive the growth of the global express delivery industry. However, lack of proper infrastructure and high costs of operation hinder the market growth. On the other hand, surge in technological advancements in delivery service, emergence of last-mile deliveries, and technological advancements present new opportunities in the coming years.
Covid-19 Scenario:
Stringent regulations have been imposed on the international transport, specifically on road and air traffic. Therefore, shipping became nearly impossible during the first few months of the Covid-19 pandemic. In addition, shortage of shipping staff with restrictions by governments further affected the operations of express delivery services.
Though there has been reduction in letters & document parcels, there has been growth of e-commerce parcels with rise in number of people shopping from home. The express delivery services from e-commerce channels increased.
Rise in demand from the healthcare and FMCG sector for various items such as hospital supplies, sanitizers, gloves, vaccines, and perishable food led to the growth of the express delivery market during the pandemic.
The report offers detailed segmentation of the global express delivery market size based on application, end-use, destination, and region.
๐๐ค ๐๐ช๐ง๐๐๐๐จ๐ ๐ฉ๐๐๐จ ๐๐ง๐๐ข๐๐ช๐ข ๐๐๐ฅ๐ค๐ง๐ฉ:- https://www.alliedmarketresearch.com/express-delivery-market/purchase-options
๐ง๐ต๐ฒ ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐
Aramex
DB Schenker
BEST Inc.
DSV (DSV Panalpina)
Deutsche Post Ag (DHL GROUP)
Geodis
FedEx
United Parcel Service, Inc. (UPS)
SF Express
YTO Express Group Co.
๐๐๐ ๐ ๐ ๐๐ช๐ง๐๐๐๐จ๐ ๐๐ฃ๐ฆ๐ช๐๐ง๐ฎ:- https://www.alliedmarketresearch.com/purchase-enquiry/12868
๐๐ป๐ฎ๐น๐๐๐ ๐ฅ๐ฒ๐๐ถ๐ฒ๐
By end-use, the e-commerce platform segment dominated the global express delivery market in 2020, in terms of revenue, and the others segment is anticipated to witness highest CAGR of 8.6% during the forecast period. Presently, Asia-Pacific is the highest revenue contributor, and expected to lead the market during the forecast period, followed by Europe.
Based on application, the B2C segment held the highest share in 2020, contributing to nearly two-thirds of the total share, and is projected to maintain its lead in terms of revenue during the forecast period. However, the B2B segment is expected to manifest the largest CAGR of 7.2% from 2021 to 2030.
Based end-use, the e-commerce platform segment accounted for the highest share in 2020, contributing to around three-fifths of the global express delivery market, and is estimated to continue its leadership status throughout the forecast period. However, the document service segment is projected to witness the highest CAGR of 6.7% from 2021 to 2030.
Based on region, Asia-Pacific contributed to the highest share in 2020, accounting for more than two-fifths of the total share, and is expected to maintain its dominant share in terms of revenue by 2030. However, LAMEA is estimated to portray the fastest CAGR of 8.4% during the forecast period.
Similar Reports We Have on Delivery Industry:
Courier Services Market - https://www.alliedmarketresearch.com/courier-services-market-A06423
Same Day Delivery Market - https://www.alliedmarketresearch.com/same-day-delivery-market-A07162
Drone Package Delivery Market - https://www.alliedmarketresearch.com/drone-package-delivery-market-A07127
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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