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Explosive Growth Of E-Commerce Industry Fuels Surge In Express Delivery Market: The Driving Engine Behind Express Delivery Market Evolution in 2025
Express Delivery
How Large Will the Express Delivery Market Size By 2025?
The size of the express delivery market has seen substantial growth in the recent past. Its expansion will continue from $324.79 billion in 2024 to $351.43 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%. The historic growth can be linked to factors such as customer expectations and service standards, improved supply chain optimization, competitive market conditions, differentiated service offerings, cutting-edge last-mile innovations, and changes in customer behavior.
How Big Is the Express Delivery Market Size Expected to Grow by 2029?
The size of the express delivery market is predicted to witness significant expansion in the forthcoming years, growing to $500.7 billion by 2029, at a compound annual growth rate (CAGR) of 9.3%. The anticipated growth during the forecast period can be linked to ongoing e-commerce development, technological progress in end-point delivery solutions, an increase in on-demand and instant delivery, and the call for eco-friendly practices. Main trends expected in the forecast period cover a competitive market scenario, changing consumer tastes, global trade and internationalization, concerns about the environment, and issues of urbanization and population density.
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Which Key Market Drivers Powering Express Delivery Market Expansion and Growth?
The exponential rise in the e-commerce sector is a significant factor propelling the expansion of the express delivery market. E-commerce, characterized as the digital buying and selling of goods and services, uses express delivery to improve the speed and quality of deliveries. For example, the India Brand Equity Foundation forecasts that the value of India's e-commerce trade will reach USD 111 billion by 2024, and USD 200 billion by 2026. Similarly, according to the U.S. Department of Commerce, e-commerce revenues in the U.S. soared to $265.9 billion in Q3 2022, marking a 9.1% rise from Q3 2021. Thus, it is expected that the swift expansion of the e-commerce sector will serve as a catalyst for the growth of the express delivery market in the future.
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Which Fast-Growing Trends Are Poised to Disrupt the Express Delivery Market?
The emergence of technological advancements is a leading trend gaining traction in the express delivery market. Key enterprises engaged in express delivery are concentrating on incorporating cutting-edge technologies to solidify their market standing. For example, in April 2022, EyeMyEye, an Indian eyewear enterprise, introduced a fresh express delivery service for prescription eyeglasses and UV-protected sunglasses.
What Are the Emerging Segments in the Express Delivery Market?
The express delivery market covered in this report is segmented -
1) By Service: Online, Offline
2) By Business Model: B2B, B2C, C2C
3) By Destination: Domestic, International
4) By End User: Services, Wholesale And Retail Trade, Manufacturing, Construction, And Utilities, Other End Users
Subsegments:
1) By Online: E-Commerce Delivery Services, Same-Day Delivery Options, Mobile App-Based Delivery Services
2) By Offline: In-Store Pickup Services, Traditional Courier Services, Scheduled Delivery Services
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Who Are the Global Leaders in the Express Delivery Market?
Major companies operating in the express delivery market include Deutsche Post AG, United Parcel Service Inc., FedEx Corporation, United States Postal Service, Shanghai YTO Express Co. Ltd., La Poste Group, SF Holding Co. Ltd., DSV Panalpina A/S, Emirates Post Group, C.H. Robinson Worldwide Inc., Nippon Express Co. Ltd., Geodis SA, Bolloré Logistics, ZTO Express Inc., STO Express Co. Ltd., PostNord AB, BEST Inc., LaserShip Inc., Spee-Dee Delivery Service Inc., Aramex PJSC, Pos Malaysia Berhad, Lone Star Overnight, La Poste SA, CEVA Logistics AG, Kerry Logistics Network Limited, Yamato Holdings Co. Ltd., Empresa Brasileira de Correios e Telégrafos, Posta Kenya
Which are the Top Profitable Regional Markets for the Express Delivery Industry?
Asia-Pacific was the largest region in the express delivery market in 2024. North America is expected to be the fastest growing region in the forecast period. The regions covered in the express delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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