Press release
The Courier Services Market Reach USD 658.3 Billion by 2031 Growing at a CAGR of 5.7%
Development of e-commerce industry and surge in demand for fast delivery of packages drive the growth of the global courier services market. The market across Asia-Pacific is estimated to manifest the highest CAGR of 7.1% during the forecast period. The Covid-19 pandemic fueled the growth of the e-commerce industry across the globe. However, the lockdowns disrupted the supply chain and hampered manufacturing of goods.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 286 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/A06423
The global courier services market was valued at $381 billion in 2021, and is projected to reach $658.3 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.
The courier services market is segmented on the basis of service type, destination, end use, and region. By service type, it is classified into B2B, B2C, and C2C. By destination, it is bifurcated into domestic and international. By end use, it is categorized into services, wholesale & retail trade, healthcare, industrial & manufacturing, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐๐ญ : https://www.alliedmarketresearch.com/courier-services-market-A06423
Based on service type, the B2C segment is projected to portray the highest CAGR of 6.2% during the forecast period. However, the B2B segment held the lion's share in 2021, accounting for nearly three-fifths of the market.
Based on destination, the international segment is anticipated to register the highest CAGR of 6.4% during the forecast period. However, the domestic segment dominated the market in 2021, contributing to more than half of the market.
On the basis of end use, the wholesale and retail trade segment is projected to register the highest CAGR of 6.7% during the forecast period. However, the services segment held the largest share in 2021, accounting for nearly one-third of the market.
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ฅ๐๐๐ฌ๐ ๐๐๐๐ฅ ๐๐ซ๐๐ ๐ญ๐จ ๐๐จ๐ง๐ญ๐๐๐ญ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/A06423
The global courier services market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is estimated to manifest the highest CAGR of 7.1% during the forecast period. In addition, the region held the largest share in 2021, contributing to around two-fifths of market.
The global courier services market report includes an in-depth analysis of the major market players such as FedEx Corporation, SF Express (Group) Co. Ltd., Deutsche Post DHL Group, United Parcel Service Inc., Yamato Holdings Co. Ltd, Qantas Courier Limited, DB Schenker, SG Holdings Co. Ltd, PostNL NV, Singapore Post Ltd., Nippon Express, DSV AS.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A06423
๐๐จ๐ฏ๐ข๐-๐๐ ๐๐๐๐ง๐๐ซ๐ข๐จ
โ The Covid-19 pandemic fueled the growth of the e-commerce industry across the globe. However, the lockdowns disrupted the supply chain and hampered manufacturing of goods.
โ However, several governments imposed lockdowns in their countries to curb the spread of the virus, which hampered physical marketplaces.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฉ๐ญ๐จ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ (286 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/courier-services-market/purchase-options
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