Press release
Parcel Delivery Market Size Projected To Reach $625.72 Billion By 2034 With A Cagr Of 5.6%
Parcel Delivery
What Is the Projected Growth of the Parcel Delivery Market?
The parcel delivery market has seen strong growth in recent years. It is forecasted to grow from $474.15 billion in 2024 to $502.57 billion in 2025, with a CAGR of 6.0%. The growth is driven by the expansion of e-commerce, increasing customer expectations, regulatory changes, and improvements in last-mile logistics.
The parcel delivery market is expected to experience substantial growth, reaching $625.72 billion by 2029 with a CAGR of 5.6%. Growth is attributed to innovations in last-mile delivery, sustainability efforts, on-demand services, the rise of cross-border e-commerce, and regulatory changes. Notable trends include real-time tracking, urban micro-warehousing, multi-carrier strategies, dynamic pricing, and personalized delivery services.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15435
What Are the Different Parcel Delivery Market Segments?
The parcel delivery market covered in this report is segmented -
1) By Type: Business-To-Business (B2B), Business-To-Consumer (B2C), Other Types
2) By Destination: International, Domestic
3) By Application: Online Trading, Offline Trading
4) By End-User: Retail And Wholesale, Petroleum, Defense, Chemical, Construction, Government, Other End-Users
Subsegments:
1) By Business-To-Business (B2B): Domestic B2B Delivery, International B2B Delivery, Scheduled Deliveries, Same-Day Delivery, Express And Next-Day Delivery, Bulk Parcel Deliveries
2) By Business-To-Consumer (B2C): E-commerce Parcel Delivery, Retail Parcel Delivery, Subscription Box Deliveries, Same-Day And Next-Day Delivery, Standard And Economy Delivery, Click-And-Collect Deliveries, Returns And Reverse Logistics
3) By Other Types: Consumer-To-Consumer (C2C) Delivery, Marketplace Or Platform Parcel Delivery, Medical And Healthcare Deliveries, Food And Grocery Delivery, High-Value Or Sensitive Parcel Deliveries
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15435&type=smp
What Are the Primary Drivers Shaping the Parcel Delivery Market?
The rapid growth of e-commerce is set to drive the parcel delivery market. The rise of online shopping, propelled by technological advances and shifting consumer behaviors, creates a higher need for parcel delivery services to facilitate efficient order fulfillment. For instance, in 2024, e-commerce sales in the US reached an estimated $1,118.7 billion, marking a 7.6% growth over 2022, underscoring the demand for parcel delivery solutions.
Which Companies Are Leading in the Parcel Delivery Market?
Major companies operating in the parcel delivery market are Amazon.com Inc., United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, Japan Post Holdings Co. Ltd., SF Holding Co. Ltd., La Poste, Emirates Post Group Company, Poste Italiane S.p.A., DPDgroup, Hermes Europe GmbH, International Distributions Services Plc, Canada Post Corporation, Toll Group Pty Ltd., Purolator Inc., General Logistics Systems B.V., PostNL N.V., Sociedad Estatal de Correos y Telégrafos S.A., PostNord AB, Singapore Post Limited, Aramex International LLC, Omniva AS, Shadowfax Technologies Pvt. Ltd., Blue Dart Express Limited, Swiss Post Ltd
What Trends Are Expected to Dominate the Parcel Delivery Market in the Next 5 Years?
In the parcel delivery market, leading firms are prioritizing sustainable delivery options to meet growing consumer expectations. In September 2022, GoBolt, a Canada-based logistics provider, rolled out same-day and next-day sustainable parcel delivery services across the US and Canada using electric vehicles and carbon offsetting via EcoCart, catering to both small and large package logistics.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/parcel-delivery-global-market-report
What Are the Top Revenue-Generating Geographies in the Parcel Delivery Market?
Asia-Pacific was the largest region in the parcel delivery market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the parcel delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Parcel Delivery Market?
2. What is the CAGR expected in the Parcel Delivery Market?
3. What Are the Key Innovations Transforming the Parcel Delivery Industry?
4. Which Region Is Leading the Parcel Delivery Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Parcel Delivery Market Size Projected To Reach $625.72 Billion By 2034 With A Cagr Of 5.6% here
News-ID: 4044024 • Views: …
More Releases from The Business Research Company
Future of Arachidonic Acid Market: Size, Share & Forecasts to 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Arachidonic Acid Market by 2025?
The market scope of arachidonic acid has witnessed significant expansion in the recent past. The valuation will inflate from $5.88 billion in 2024 to $6.31 billion in 2025, marking a compound annual growth rate (CAGR) of 7.3%.…
Solvent-Based Inks Market Analysis: $11.09 Billion by 2029 With a CAGR of 4.5%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Solvent-Based Inks Market Value Projection: How Much Will the Market Size by 2025?
In the last few years, there has been a consistent expansion in the solvent-based inks market size. The market, which was worth $8.9 billion in 2024, is projected to escalate to $9.28 billion in 2025 at a compound…
Phosgene Market on Path to Hit $6.25 Billion by 2029 at 5.2% CAGR
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Phosgene Market Outlook: What Size And CAGR Are Anticipated By 2025?
The size of the phosgene market has experienced substantial growth recently. It is anticipated to expand from $4.84 billion in 2024 to $5.1 billion in 2025, increasing at a compound annual growth rate (CAGR) of 5.5%. The rise experienced…
Methylene Diphenyl Diisocyanate (MDI)-Based Polyurethane Market to Record 5.1% C …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Methylene Diphenyl Diisocyanate (MDI)-Based Polyurethane Market Outlook: How is the Market Expected to Grow by 2025?
The market size of methylene diphenyl diisocyanate (MDI)-based polyurethane has been progressively increasing over the recent years. It's set to expand from a worth of $20.5 billion in 2024 to an estimated $21.21 billion…
More Releases for Delivery
Injectable Drug Delivery Market Injectable Drug Delivery Market
Leading market research firm SkyQuest Technology Group recently released a study titled ' Injectable Drug Delivery Market Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2024-2031,' This study Injectable Drug Delivery report offers a thorough analysis of the market, as well as competitor and geographical analysis and a focus on the most recent technological developments. The research study on the Injectable Drug Delivery Market extensively demonstrates existing and upcoming…
Last Mile Delivery: Your Fast Track to Delivery Efficiency
The importance of last-mile logistics has increased significantly in recent years due to the rapid growth of e-commerce, evolving consumer demands, and the necessity for efficient and timely deliveries. Covid-19 has also played a part in hastening the rise of last-mile deliveries. In logistics, 'first-mile' and 'last-mile' delivery are terms used to describe the movement of goods within the supply chain. The first leg of the supply chain journey commences…
Smart Drug Delivery Systems Market: Revolutionizing Healthcare Delivery
In a rapidly evolving landscape of healthcare, smart drug delivery systems (SDDS) have emerged as a transformative force, catering to the increasing demand for advanced treatment solutions. According to a recent report, the global smart drug delivery systems market was valued at a staggering US$ 8.7 billion in 2022, with projections indicating a remarkable CAGR of 15.2% from 2022 to 2031. By the end of this forecast period, the market…
Revolutionizing Last-Mile Delivery: The Growing Delivery Robots Market
"According to the research report, the global delivery robots market was valued at USD 148.07 million in 2022 and is expected to reach USD 2,148.92 million by 2032, to grow at a CAGR of 30.7% during the forecast period."
Polaris Market Research has recently published the latest update on Delivery Robots Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2030 that offers detailed market analysis, encompassing its…
Nasal Drug Delivery Market - Effortless Delivery, Optimal Results: Nasal Drug De …
Newark, New Castle, USA - new report, titled Nasal Drug Delivery Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Nasal Drug Delivery market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Nasal Drug Delivery market. The report offers an overview of…
Telemedicine Market Report 2022 by Mode of Delivery, End User, Region-Cloud base …
The Telemedicine market will reach US$ 387.7 Mn by 2028 - Persistence Market Research (PMR), a well-known name in market research.
The current scenario is such that people and healthcare professionals are increasingly preferring virtual consulting due its low costs and effective treatment. This scenario is, by all means, favoring the Telemedicine market growth.
The forecast period (2022-2028) will see North America scale greater heights in the Telemedicine market. This is basically…
