Global Courier, Express, and Parcel Market Size To Exceed USD 1086.20 Billion By 2035 | CAGR of 7.6 %
Category: Information & TechnologyGlobal Courier, Express, and Parcel Market Size To Exceed USD 1086.20 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Courier, Express, and Parcel Market Size is expected to grow from USD 485.50 Billion in 2024 to USD 1086.20 Billion by 2035, at a CAGR of 7.6 % during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the “Global Courier, Express, and Parcel Market Size, Share, and COVID-19 Impact Analysis, By Service (Standard Delivery, Express Delivery, Same-Day Delivery, and Last-Mile Delivery), By End Use (E-commerce, Healthcare, Manufacturing, Wholesale & Retail, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/courier-express-and-parcel-market
The market for courier, express, and parcel (CEP) is the area of the logistics and transportation sector that focuses on delivering documents, packages, and parcels via air, road, and rail. Time-sensitive shipments, door-to-door delivery services, and the use of tracking technologies to guarantee dependability and efficiency are characteristics of this sector. It falls into three main categories: parcel services, which deal with bulk and standard-sized shipments; express services, which concentrate on quick, frequently overnight, delivery with specified timelines; and courier services, which usually handle smaller, local deliveries. The courier, express, and package (CEP) industry has a lot of prospects due to the rapid rise of e-commerce and the increased need from customers for reliable, speedy delivery services. Numerous important factors, such as the expanding e-commerce sector, trade globalization, the rising demand for on-demand delivery, the speed at which cities are growing, sustainability goals, and digital transformation, are propelling the courier, express, and parcel market. The current significant shift in the market is being driven by several key themes. The most noticeable of these is the exponential growth of e-commerce, which has resulted in a huge increase in the quantity of parcels. However, growth is restricted by high operating costs, complicated regulations, inadequate infrastructure, a lack of workers, and environmental issues.
The standard delivery segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the service, the courier, express, and parcel market is divided into standard delivery, express delivery, same-day delivery, and last-mile delivery. Among these, the standard delivery segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The established networks and infrastructure of standard delivery services allow for dependable and consistent service. The demand for ordinary delivery services is further increased by the growth of e-commerce, especially for non-perishable and less urgent products.
The e-commerce segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the end use, the courier, express, and parcel market is divided into e-commerce, healthcare, manufacturing, wholesale & retail, and others. Among these, the e-commerce segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The development trajectory of e-commerce is showing no signs of slowing down, and ongoing advancements in delivery services, such as drones and driverless cars, are anticipated to further revolutionize the business.
North America is expected to hold the majority share of the global courier, express, and parcel market during the forecast period.
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North America is expected to hold the majority share of the global courier, express, and parcel market during the forecast period. The growing focus on sustainability in North America is propelling the use of green logistics techniques and electric delivery trucks, which are becoming more and more crucial to satisfy legal requirements and customer demand for eco-friendly services. The need for international CEP services is also being increased by the expanding trend of cross-border e-commerce between the United States and Canada.
Asia Pacific is anticipated to grow at the fastest pace in the global courier, express, and parcel market during the forecast period. The region's focus on enhancing last-mile delivery services and the introduction of cutting-edge delivery models, like drone deliveries and locker systems, have improved consumer satisfaction and service efficiency. Asia Pacific continues to lead the CEP market as a result, and further expansion is anticipated in the upcoming years.
Major vendors in the global courier, express, and parcel market are FedEx, Aramex, TNT Express, Amazon Logistics, Blue Dart Express Ltd., Qantas Airways Limited, Deutsche Post DHL Group, Royal Mail Group Limited, Yamato Transport Co., Ltd., SF Express (Group) Co. Ltd., One World Express Inc. Ltd., United Parcel Service Inc. (UPS), and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In February 2024, Emirates Post Group's new company, EMX, which has been relaunched as 7X, is revolutionizing the courier, express, and package (CEP) sector in the United Arab Emirates. EMX uses cutting-edge technologies to deliver unrivaled logistics solutions, prioritizing speed, reliability, and customer-focused services.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the courier, express, and parcel market based on the below-mentioned segments:
Global Courier, Express, and Parcel Market, By Service
- Standard Delivery
- Express Delivery
- Same-Day Delivery
- Last-Mile Delivery
Global Courier, Express, and Parcel Market, By End Use
- E-commerce
- Healthcare
- Manufacturing
- Wholesale & Retail
- Others
Global Courier, Express, and Parcel Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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