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Domestic Couriers Market is Anticipated to Expand upto $1171.09 Billion in 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 Forecasted Market Growth Rate of the Domestic Couriers Industry?
The size of the domestic couriers market has witnessed a brisk enlargement in the previous years. It is projected to rise from $671.4 billion in 2024 to $747.91 billion in 2025, with a compound annual growth rate (CAGR) of 11.4%. The expansion during the historic period can be linked to the amplified demand from medical and healthcare sectors, surge in e-commerce activities, and an increase in consumer expenditure.
How Will the Domestic Couriers Market Size Evolve From 2025 to 2029?
The market size for domestic couriers is anticipated to experience a significant increase over the next few years, with an expected rise to $1171.09 billion in 2029, marking a Compound Annual Growth Rate (CAGR) of 11.9%. This surge during the forecast period is linked to factors such as the boom in the restaurant meals delivery sector, an escalation in business activity, a growing e-commerce sector, grocery delivery services, technological innovations, the Covid pandemic, and declining logistics expenses. Among the primary trends predicted for the forecast period are the increasing demand for parcel delivery, automation in parcel terminals, tailor-made solutions for e-commerce firms, a paradigm shift from B2B to B2C deliveries, deliveries through drones, autonomous vehicles being utilized for deliveries, route optimization, and the introduction of an e-locker delivery system.
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What Are the Main Growth Drivers in the Domestic Couriers Market Today?
The expected growth in e-commerce trade is set to be a significant catalyst for the worldwide domestic courier market. As the trading of goods and services using the internet continues to surge, the requirement for courier or parcel deliveries is likely to follow suit, hence boosting the demand for courier delivery services. E-commerce, also known as electronic or internet commerce, involves the digital purchase and sale of goods and services, as well as the transmission of funds or data, predominantly through the internet. These commercial transactions take place in formats such as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer, or consumer-to-business. Some instances of e-commerce platforms include online marketplaces such as Amazon, Ebay, Quikr, Olx, among others. The rise of eCommerce has simplified the process of finding and purchasing products through online retailers and marketplaces, benefiting freelancers, small businesses, and sizable corporations by allowing them to sell their products and services at a greater scale. As such, the expansion of the e-commerce sector is predicted to heighten domestic couriers market in future, by expanding courier or parcel delivery service possibilities within the country.
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Which Domestic Couriers Market Segment Is Expected to Lead Through 2029?
The domestic couriers market covered in this report is segmented -
1) By Type: Ground, Express, Deferred
2) By Application: Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)
3) By End User: BFSI, Wholesale And Retail Trade, Construction, Manufacturing, Individuals, Other End Users
Subsegments:
1) By Ground: Standard Ground Services, Economy Ground Services, Same-Day Ground Delivery
2) By Express: Next-Day Delivery, Same-Day Express Delivery, Time-Critical Delivery Services
3) By Deferred: Scheduled Delivery Services, Economy Deferred Delivery, Bulk Shipment Services
Which Market Trends Are Expected to Dominate Domestic Couriers Industry Growth?
The E-locker delivery system is essentially an electronically controlled locker setup used to securely handle the delivery, pickup, and return of packages. Each setup includes a variety of locker sizes, each equipped with an electronically activated locking mechanism. Every locker setup possesses input/output device(s) that are electronically linked with a built-in computer. This system proves to be perfect for apartments, dormitories, businesses, and other scenarios requiring regular package deliveries. Take Packcity, for example, it's an automated e-locker system designed to safely store and disperse incoming parcels, notify recipients of parcel arrivals and facilitate collections around the clock. Packcity allows the handling of large quantities of incoming parcels. It features a user-friendly interface which allows users to track their deliveries and notifies them upon package arrival. Given the E-locker system's capability to address the growing demand for parcel deliveries, it is expected to be a significant trend influencing the growth of the domestic courier market.
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Which Companies Hold the Largest Market Share in the Domestic Couriers Sector?
Major companies operating in the domestic couriers market include United Parcel Service Inc., China Post, Royal Mail, United States Postal Service, Canada Post Corporation, SF Express Co. Ltd., Yunda Holding Co., Ltd., Shanghai YTO Express (Logistics) Co. Ltd., E-com Express, Ekart Logistics, Blue Dart, Delhivery, Aramex, Sagawa Express Co. Ltd., Japan Post Co. Ltd., Toll Holdings Limited, Australia Postal Corporation, Hong Kong Post, TTK Express, ZTO Express Co. Ltd., BEST Express, City Of London Courier Ltd, G L C Domestic & Worldwide Ltd, ACE Sameday Couriers, Aplin International, Deutsche Post AG, Brennan Express Haulage Ltd, FedEx Global, M&M Transport Services Inc., TFA Logistics & Distribution, Joore Couriers, Grist99 Sp. Z O.O., Dsv Road D.O.O.Serbia, NTG Lithuania UAB, ACS Courier, Russian Post JSC, Purolator Inc., Servicio Continental de Mensajeria SA de CV, DHL (Mexico), ODM Express, OnTrac Inc., LaserShip Inc., United States Courier Services, Dwarka Courier (Brazil), DHL (Peru), FedEx Express (TNT Argentina), Skynet Worldwide Express (Peru), UPS Courier Service, ZIM Integrated Shipping Services Ltd. (Venezuela), ProntoCargo, Mandaê, Correios, Dubai Courier Services LLC, Continental Courier Services LLC, Max Express Courier Services LLC, Posta Plus, Fly Express Courier Services, DTDC UAE, ABC Cargo, Emirates Post Group, Century Express, Saudi Post, Israel Post company, Fetchr, The Courier Guy, Globeflight Worldwide Express, Zenith Carex International Limited, Red Star Express Plc, Jet Express, Aerospeed Couriers, Dawn Wing, CourierPlus Nigeria, ACE (Africa Courier Express), Mambo Express Courier Ltd, Fargo Courier Ltd, Eagle Express Limited, Advanced Courier & Logistics Ltd, DHL International (Nigeria) Ltd.
Where Is the Domestic Couriers Market Experiencing the Highest Growth?
Asia-Pacific was the largest region in the c' market in 2024. North America was the second largest region in the global domestic couriers' market share. The regions covered in the domestic couriers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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