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Global Couriers And Messengers Market Comprehensive Study: Forecasted Market Size And Growth Rate | Amazon.com Inc., United States Postal Service, United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, SF Express Co. Ltd., Le Groupe La Poste, Ca

Couriers And Messengers  Market Size

Couriers And Messengers Market Size

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Couriers And Messengers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The couriers and messengers market size has grown rapidly in recent years. It will grow from $812.04 billion in 2023 to $913.42 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to e-commerce growth, globalization, urbanization, time sensitivity.

The couriers and messengers market size is expected to see rapid growth in the next few years. It will grow to $1444.74 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to technological advancements, healthcare logistics, emerging markets, customization and personalization. Major trends in the forecast period include technological advancements, same-day and instant delivery, global trade and cross-border e-commerce.

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Market Segmentation:
The main types in the couriers and messengers market are domestic and international couriers. Domestic couriers provide domestic courier delivery services. The market is also segmented by coverage into local messengers and local delivery, couriers and express delivery services, and by end-user into B2B, B2C, and others.

Major Driver - Revolutionizing Parcel Delivery In Automated Parcel Terminals
Courier and express delivery service providers are increasingly using automated parcel terminals. Automated parcel terminals are computer-controlled units that allow customers to collect, hand in, and return parcels around the clock. These terminals are deployed at locations with maximum footfall, such as walkways, convention centers, grocery outlets, shopping malls, convenience stores, gas stations, and railway stations. These terminals improve the quality of the delivery services network and reduce last-mile delivery management costs for the company. Automated parcel terminals are being extensively used in Europe and the global market for automated parcel delivery terminals is expected to reach $ 1.06 billion by 2025, thus indicating a significant potential for these automated systems.

Competitive Landscape:
Major companies operating in the couriers and messengers market include Amazon.com Inc., United States Postal Service, United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, SF Express Co. Ltd., Le Groupe La Poste, Canada Post Corporation, Japan Post Group, The Royal Mail, DHL, Quick Messenger Service, American Eagle Courier LLC, NPD Logistics, OnTrac Logistics Inc., Postmates, Grubhub Inc., DoorDash Inc., Uber Eats, Instacart, Deliv Inc., Caviar express Inc., Favor Delivery, Shipt, Roadie Inc., GoShare, DTDC Express Ltd., Dropoff, Quiqup, Stuart, Gophr, Zoom2u, Lalamove, Postmates Fleet, Favor Fleet, Uber Eats Driver, DoorDash Inc.

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Top Trend - Enhancing Courier Services With Digital Secure Locks
Major companies operating in the courier and messenger markets are increasing their focus on introducing digital secure locks to sustain their position in the market. Digital secure locks are electronic locking systems that use advanced technology, such as encryption and authentication methods, to provide a high level of security for access control. These locks often replace traditional mechanical locks and keys and can be operated and monitored remotely using digital devices. For instance, in February 2023, BVK Technology, a Turkey-based security system company, launched an OTC courier delivery box solution. This solution involves the courier delivering the goods in a custom-made package that is secured with a keyless Bluetooth lock. To retrieve the goods, the customer uses a personal code to unlock the package. BVK Technology's courier delivery box solution is designed to offer a secure and hassle-free method for customers to receive their packages.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Couriers And Messengers Market Characteristics
3. Couriers And Messengers Market Trends And Strategies
4. Couriers And Messengers Market - Macro Economic Scenario
5. Couriers And Messengers Market Size And Growth
…..
27. Couriers And Messengers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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