India International Express Service - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

The India International Express Service Market size is estimated at 1.76 billion USD in 2025, and is expected to reach 3.04 billion USD by 2030, growing at a CAGR of 11.55% during the forecast period (2025-2030).

Rise in cross-border trade and e-commerce is expected to drive the international express market in India

• The e-commerce growth fueled India's international express service market as consumers increasingly ordered online. With more consumers moving from offline to online shopping, courier companies witnessed a rise in businesses delivering goods amid the pandemic restrictions. The B2B e-commerce market in India surged to USD 18.2 billion in 2023, a significant growth from USD 5.6 billion in 2021. Furthermore, BEYOBO (B2B cross-border e-commerce platform) raised INR 6.7 crore (USD 809 thousand) in 2024. The startup’s e-commerce platform doubled its growth in 2023. The platform sells several varieties, including cosmetics, mobile accessories, household goods, and more.
• The medical devices industry is considered one of India’s sunrise sectors, with exports growing steadily at a CAGR of around 14% since FY 2019-20. The current market size is estimated at USD 11 billion and is expected to surpass USD 30 billion by 2050. Moreover, medical device companies are working on developing India as a manufacturing hub for domestic and international markets. As a result, the healthcare end-user segment is projected to grow in the coming years.

India International Express Service Market Trends

Government and private investments, rising exports, and the increasing interstate movement of goods are the major drivers of the transportation industry

• In 2024, the government is dedicated to reducing logistics costs to 5-6%. Indian Railways is taking steps to boost freight capacity, increase the speed of freight trains, lower freight expenses, establish dedicated freight corridors, improve last-mile connectivity between railheads, roads, and ports. They're aligning with PM Gati Shakti, granting industry status to logistics, promoting digital solutions, and developing logistics infrastructure. These efforts aim to cut costs and spur GDP growth in logistics.
• The sector is expected to grow till 2027 and is expected to add 10 million jobs by 2027. India is aiming to become a global hub for manufacturing and logistics, with recent policies attracting around USD 10 billion USD in investments for the warehousing and logistics sector. Also India's infrastructure plans for 2024, such as the Mumbai Trans Harbour Link (MTHL), Navi Mumbai International Airport, Noida International Airport and Western Dedicated Freight Corridor etc, are expected to accelerate India's journey towards becoming a prominent player in the global logistics landscape.

The diesel price increase was less sharp than the increase in petrol prices due to VAT cuts offered by several state governments

• In September 2023, oil prices hit a 10-month high of USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts till 2023. As India imports 85% of its oil, the fuel prices were impacted. According to the All-India Motor Transport Congress, which represents 14 million truckers and vehicle operators, the soaring fuel prices are impacting India's truckers as they have limited ability to pass on the rising prices, which account for 70% of the cost of operating a truck.
• The Indian government is contemplating reducing petrol and diesel prices by INR 4 - INR 6 (USD 0.04 - USD 0.07) per litre in 2024, timed with the upcoming Lok Sabha elections in H1 2024. Discussion in ongoing with Oil Marketing Companies to share the burden of this reduction equally, and there's a possibility of a more substantial cut of up to Rs 10 (USD 0.12) per litre. This move aims to alleviate the financial strain on the public and could also help lower retail inflation, which peaked at 5.55% in November 2023.

India International Express Service Industry Overview

The India International Express Service Market is fairly consolidated, with the major five players in this market being Aramex, DHL Group, DTDC Express Limited, FedEx and United Parcel Service of America, Inc. (UPS) (sorted alphabetically).

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• The market estimate (ME) sheet in Excel format
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