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Domestic Couriers Global Market Opportunities and Strategies to 2030: COVID-19 Impact and Recovery

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    Report

  • 209 Pages
  • September 2021
  • Region: Global
  • The Business Research Company
  • ID: 5440748

FEATURED COMPANIES

  • China Post
  • FedEx Corporation
  • Royal Mail

Domestic Couriers Global Market Opportunities and Strategies To 2030: COVID-19 Impact and Recovery provides the strategists, marketers and senior management with the critical information they need to assess the global domestic couriers market as it emerges from the COVID 19 shut down.







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Description:

Where is the largest and fastest growing market for domestic couriers? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The domestic couriers market global report from the publisher answers all these questions and many more.


The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider domestic couriers market and compares it with other markets.



The report covers the following chapters


  • Executive Summary - The executive summary section of the report gives a brief overview and summary of the report.
  • Report Structure - This section gives the structure of the report and the information covered in the various sections.
  • Introduction - The introduction section of the report gives brief introduction about segmentation by geography, segmentation by type, by end-user and by application.
  • Market Characteristics - The market characteristics section of the report defines and explains the domestic couriers market. This chapter also defines and describes goods and related services covered in the report.
  • Trends and Strategies - This chapter describes the major trends shaping the global domestic couriers market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
  • COVID Impact - This chapter describes the COVID impact on the global domestic couriers industry.
  • Global Market Size and Growth - This section contains the global historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis - This section contains the historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values and growth and market share comparison by region.
  • Segmentation - This section contains the market values (2015-2030) and analysis for different segments.
  • Regional Market Size and Growth - This section contains the region’s market size (2020), historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, South America, Middle East and Africa and major countries within each region. The market overview sections of the report describe the current size of the market, background information, government initiatives, regulations, regulatory bodies, associations, corporate tax structure, investments, and major companies.
  • Competitive Landscape - This section covers details on the competitive landscape of the global domestic couriers market, estimated market shares and company profiles for the leading players.
  • Key Mergers and Acquisitions - This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
  • Opportunities and Strategies - This section gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
  • Conclusions and Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for domestic couriers companies in terms of product offerings, geographic expansion, price offerings, and target groups.
  • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Scope


Markets Covered:


  1. By Type: Standard/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; Others

Companies Mentioned:

United Parcel Service Inc.; FedEx Corporation; China Post; Royal Mail; United States Postal Service


Countries:

China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia


Regions:

Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa


Time series:

Five years historic and ten years forecast.


Data:

Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; domestic couriers indicators comparison.


Data segmentations:

Country and regional historic and forecast data; market share of competitors; market segments.


Sourcing and Referencing:

Data and analysis throughout the report is sourced using end notes.

Frequently Asked Questions about the Global Domestic Couriers Market

What is the estimated value of the Global Domestic Couriers Market?

The Global Domestic Couriers Market was estimated to be valued at $454.5 Billion in 2020.

What is the growth rate of the Global Domestic Couriers Market?

The growth rate of the Global Domestic Couriers Market is 9.8%, with an estimated value of $1152.8 Billion by 2030.

What is the forecasted size of the Global Domestic Couriers Market?

The Global Domestic Couriers Market is estimated to be worth $1152.8 Billion by 2030.

Who are the key companies in the Global Domestic Couriers Market?

Key companies in the Global Domestic Couriers Market include United Parcel Service Inc., FedEx Corporation, China Post and United States Postal Service.

FEATURED COMPANIES

  • China Post
  • FedEx Corporation
  • Royal Mail

1. Domestic Couriers Market Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Type
6.3. Segmentation By Application
6.4. Segmentation By End User
7. Domestic Couriers Market Characteristics
7.1. Market Definition
7.2. Market Segmentation By Type
7.2.1. Standard/Ground
7.2.2. Express
7.2.3. Deferred
7.3. Market Segmentation By Application
7.3.1. Business-To-Business (B2B)
7.3.2. Business-To-Consumer (B2C)
7.3.3. Consumer-To-Consumer (C2C)
7.4. Market Segmentation By End User
7.4.1. BFSI
7.4.2. Wholesale and Retail Trade
7.4.3. Manufacturing
7.4.4. Individuals
7.4.5. Others
8. Domestic Couriers Market Trends and Strategies
8.1. On-Demand Delivery Of Parcels
8.2. Automated Parcel Terminals
8.3. Customized Solutions For E-Commerce Companies
8.4. Shifting Focus From B2B to B2C Delivery
8.5. Drone Delivery Services
8.6. Delivery With Autonomous Vehicles and Robots
8.7. Route Optimization
8.8. E-Locker Delivery System
9. Impact of COVID-19 On Domestic Couriers Market
9.1. Soaring Demand For Residential Deliveries
9.2. Lockdowns Impacting Commercial Courier Services
9.3. Impact On The Companies
10. Global Domestic Couriers Market Size and Growth
10.1. Market Size
10.2. Historic Market Growth, 2015 - 2020, Value ($ Billion)
10.2.1. Drivers Of The Market 2015 - 2020
10.2.2. Restraints On The Market 2015 - 2020
10.3. Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
10.3.1. Drivers Of The Market 2020 - 2025
10.3.2. Restraints On The Market 2020 - 2025
11. Global Domestic Couriers Market Segmentation
11.1. Global Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
11.1.1. Express
11.1.2. Standard/Ground
11.1.3. Deferred
11.2. Global Domestic Couriers Market, Segmentation By Application, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
11.2.1. Business-to-Business (B2B)
11.2.2. Business-to-Consumer (B2C)
11.2.3. Consumer-to-Consumer (C2C)
11.3. Global Domestic Couriers Market, Segmentation By End User, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
11.3.1. Wholesale and Retail Trade
11.3.2. Others
11.3.3. Individual Consumer
11.3.4. BFSI
11.3.5. Manufacturing
12. Domestic Couriers Market, Regional and Country Analysis
12.1. Global Domestic Couriers Market, By Region, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
12.2. Global Domestic Couriers Market, By Country, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
13. Asia-Pacific Domestic Couriers Market
13.1. Asia-Pacific Domestic Couriers Market Overview
13.1.1. Region Information
13.1.2. COVID-19 Impact
13.1.3. Market Information
13.1.4. Background Information
13.1.5. Government Initiatives
13.1.6. Regulations
13.1.7. Regulatory Bodies
13.1.8. Major Associations
13.1.9. Taxes Levied
13.1.10. Corporate Tax Structure
13.1.11. Investments
13.1.12. Major Companies
13.2. Asia-Pacific Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
13.3. Asia-Pacific Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
13.4. Asia-Pacific Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
13.5. Asia-Pacific Domestic Couriers Market: Country Analysis
13.6. China Domestic Couriers Market
13.7. China Domestic Couriers Market Overview
13.7.1. Country Information
13.7.2. COVID-19 Impact
13.7.3. Market Information
13.7.4. Background Information
13.7.5. Government Initiatives
13.7.6. Regulations
13.7.7. Regulatory Bodies
13.7.8. Major Associations
13.7.9. Taxes Levied
13.7.10. Corporate Tax Structure
13.7.11. Investments
13.7.12. Major Companies
13.8. China Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
13.9. China Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
13.10. China Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
13.11. India Domestic Couriers Market
13.12. India Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
13.13. India Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
13.14. India Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
13.15. Japan Domestic Couriers Market
13.16. Japan Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
13.17. Japan Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
13.18. Japan Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
13.19. Australia Domestic Couriers Market
13.20. Australia Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
13.21. Australia Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
13.22. Australia Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
13.23. Indonesia Domestic Couriers Market
13.24. Indonesia Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
13.25. Indonesia Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
13.26. Indonesia Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
13.27. South Korea Domestic Couriers Market
13.28. South Korea Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
13.29. South Korea Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
13.30. South Korea Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
14. Western Europe Domestic Couriers Market
14.1. Western Europe Domestic Couriers Market Overview
14.1.1. Region Information
14.1.2. COVID Impact
14.1.3. Market Information
14.1.4. Background Information
14.1.5. Government Initiatives
14.1.6. Regulations
14.1.7. Regulatory Bodies
14.1.8. Major Associations
14.1.9. Taxes Levied
14.1.10. Corporate Tax Structure
14.1.11. Investments
14.1.12. Major Companies
14.2. Western Europe Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
14.3. Western Europe Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
14.4. Western Europe Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
14.5. Western Europe Domestic Couriers Market: Country Analysis
14.6. UK Domestic Couriers Market
14.7. UK Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
14.8. UK Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
14.9. UK Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
14.10. Germany Domestic Couriers Market
14.11. Germany Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
14.12. Germany Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
14.13. Germany Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
14.14. France Domestic Couriers Market
14.15. France Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
14.16. France Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
14.17. France Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
15. Eastern Europe Domestic Couriers Market
15.1. Eastern Europe Domestic Couriers Market Overview
15.1.1. Region Information
15.1.2. COVID Impact
15.1.3. Market Information
15.1.4. Background Information
15.1.5. Government Initiatives
15.1.6. Regulations
15.1.7. Regulatory Bodies
15.1.8. Major Associations
15.1.9. Taxes Levied
15.1.10. Corporate Tax Structure
15.1.11. Investments
15.1.12. Major Companies
15.2. Eastern Europe Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
15.3. Eastern Europe Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
15.4. Eastern Europe Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
15.5. Eastern Europe Domestic Couriers Market: Country Analysis
15.6. Russia Domestic Couriers Market
15.7. Russia Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
15.8. Russia Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
15.9. Russia Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
16. North America Domestic Couriers Market
16.1. North America Domestic Couriers Market Overview
16.1.1. Region Information
16.1.2. Market Information
16.1.3. Impact Of COVID-19
16.1.4. Background Information
16.1.5. Government Initiatives
16.1.6. Regulations
16.1.7. Regulatory Bodies
16.1.8. Major Associations
16.1.9. Taxes Levied
16.1.10. Corporate Tax Structure
16.1.11. Investments
16.1.12. Major Companies
16.2. North America Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
16.3. North America Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
16.4. North America Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
16.5. North America Domestic Couriers Market: Country Analysis
16.6. USA Domestic Couriers Market
16.7. USA Domestic Couriers Market Overview
16.7.1. Country Information
16.7.2. Market Information
16.7.3. Impact Of COVID-19
16.7.4. Background Information
16.7.5. Government Initiatives
16.7.6. Regulations
16.7.7. Regulatory Bodies
16.7.8. Major Associations
16.7.9. Taxes Levied
16.7.10. Corporate Tax
16.7.11. Investments
16.7.12. Major Companies
16.8. USA Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
16.9. USA Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
16.10. USA Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
17. South America Domestic Couriers Market
17.1. South America Domestic Couriers Market Overview
17.1.1. Region Information
17.1.2. Market Information
17.1.3. Impact Of COVID-19
17.1.4. Background Information
17.1.5. Government Initiatives
17.1.6. Regulations
17.1.7. Regulatory Bodies
17.1.8. Major Associations
17.1.9. Taxes Levied
17.1.10. Corporate Tax Structure
17.1.11. Investments
17.1.12. Major Companies
17.2. South America Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
17.3. South America Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
17.4. South America Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
17.5. South America Domestic Couriers Market: Country Analysis
17.6. Brazil Domestic Couriers Market
17.7. Brazil Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
17.8. Brazil Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
17.9. Brazil Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
18. Middle East Domestic Couriers Market
18.1. Middle East Domestic Couriers Market Overview
18.1.1. Region Information
18.1.2. Market Information
18.1.3. COVID-19 Impact
18.1.4. Background Information
18.1.5. Regulations
18.1.6. Regulatory Bodies
18.1.7. Major Associations
18.1.8. Taxes Levied
18.1.9. Corporate Tax Structure
18.1.10. Investments
18.1.11. Major Companies
18.2. Middle East Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
18.3. Middle East Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
18.4. Middle East Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
19. Africa Domestic Couriers Market
19.1. Africa Domestic Couriers Market Overview
19.1.1. Region Information
19.1.2. Market Information
19.1.3. COVID-19 Impact
19.1.4. Background Information
19.1.5. Regulations
19.1.6. Regulatory Bodies
19.1.7. Major Associations
19.1.8. Taxes Levied
19.1.9. Corporate Tax Structure
19.1.10. Investments
19.1.11. Major Companies
19.2. Africa Domestic Couriers Market, Historic Market Growth, 2015 - 2020, Value ($ Billion)
19.3. Africa Domestic Couriers Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Billion)
19.4. Africa Domestic Couriers Market, Segmentation By Type, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Billion)
20. Global Domestic Couriers Market Competitive Landscape
20.1. United Parcel Service Inc.
20.1.1. Company Overview
20.1.2. Products and Services
20.1.3. Business Strategy
20.1.4. Financial Overview
20.2. FedEx Corporation
20.2.1. Company Overview
20.2.2. Products and Services
20.2.3. Business Strategy
20.2.4. Financial Overview
20.3. China Post
20.3.1. Company Overview
20.3.2. Products and Services
20.3.3. Financial Overview
20.4. Royal Mail
20.4.1. Company Overview
20.4.2. Products and Services
20.4.3. Business Strategy
20.4.4. Financial Overview
20.5. United States Postal Service
20.5.1. Company Overview
20.5.2. Products and Services
20.5.3. Business Strategy
20.5.4. Financial Overview
21. Key Mergers and Acquisitions In The Domestic Couriers Market
21.1. MBE Worldwide Acquired Pack & Send
21.2. ADQ Acquired Stake In Aramex
21.3. TFI international Acquired Courier Services Business Of RR Donnelley & Sons (RRD)
21.4. Capstone Logistics, LLC Acquired Priority Express Courier, Inc.
21.5. Marken Acquired PCX International Co. Ltd
21.6. Excel Courier, Inc. Acquired Custom Courier Systems, Inc.
21.7. Delhivery Acquired Indian Business Of Aramex
21.8. Brixey & Meyer Capital Acquired CityDash LLC
21.9. Alabama Courier Service Inc. Acquired Metropolitan Couriers LLC
21.10. Fetchr Acquired Yusuf Bin Ahmed Kanoo’s Courier Division Kanoo Group KRT LLC
22. Domestic Couriers Market Opportunities and Strategies
22.1. Global Domestic Couriers Market In 2025 - Countries Offering Most New Opportunities
22.2. Global Domestic Couriers Market In 2025 - Segments Offering Most New Opportunities
22.3. Global Domestic Couriers Market In 2025 - Growth Strategies
22.3.1. Market Trend Based Strategies
22.3.2. Competitor Strategies
23. Domestic Couriers Market, Conclusions and Recommendations
23.1. Conclusions
23.2. Recommendations
23.2.1. Product
23.2.2. Place
23.2.3. Price
23.2.4. Promotion
23.2.5. People
24. Appendix
24.1. Market Data Sources
24.2. Research Methodology
24.3. Currencies
24.4. Research Inquiries
24.5. About the Publisher
24.6. Copyright and Disclaimer

FEATURED COMPANIES

  • China Post
  • FedEx Corporation
  • Royal Mail
The domestic couriers market consists of sales of delivery services of small packages and parcels, in metropolitan areas and urban centers within a country. The industry includes the revenues of establishments that provide sorting and transportation activities of parcels. The domestic couriers’ industry also includes establishments that provide local messengers, which usually deliver parcels within a metropolitan or single urban area and mostly travel on-foot or use bicycles, or with small trucks, or vans. The market includes the sales of various courier and local delivery services which find applications in various business models such as banking, financial services, and insurance (BFSI), wholesale and retail trade, professional services and manufacturing.

The global domestic couriers market reached a value of nearly $454.5 billion in 2020, having increased at a compound annual growth rate (CAGR) of 8.1% since 2015. The market is expected to grow from $454.5 billion in 2020 to $736.0 billion in 2025 at a rate of 10.1%. The growth is mainly due to the increasing e-commerce demand which is expected to drive the demand for domestic couriers. The market is expected to grow from $736.0 billion in 2025 to $1,152.8 billion in 2030 at a CAGR of 9.4%.

Growth in the historic period resulted from increasing demand from medical and healthcare industries, rise in e-commerce, rise in consumer spending and emerging markets growth. Factors that negatively affected growth in the historic period were rise in crude oil prices and limited supply chain visibility.

Going forward, restaurant meals delivery services, rise in business activity, increasing e-commerce business, grocery delivery services, technological advances, COVID pandemic and reduced logistics cost. Factors that could hinder the growth of the domestic couriers market in the future include adoption of in-house delivery and shortages of drivers and operators.

The domestic couriers market is segmented by type of service into standard/ground, express and deferred. The express market was the largest segment of the domestic couriers market segmented by type, accounting for 69.9% of the total in 2020. Going forward, the express segment is expected to be the fastest growing segment in the domestic couriers market, at a CAGR of 10.4% during 2020-2025.

The domestic couriers market is also segmented by application into business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer (C2C). The business-to-business (B2B) market was the largest segment of the domestic couriers market segmented by application, accounting for 48.3% of the total in 2020. Going forward, the business-to-consumer (B2C) segment is expected to be the fastest growing segment in the domestic couriers market, at a CAGR of 14.2% during 2020-2025.

The domestic couriers market is also segmented by end user into BFSI, wholesale and retail trade, manufacturing, individuals, and others. The wholesale and retail trade market was the largest segment of the domestic couriers market segmented by end user, accounting for 40.6% of the total in 2020. Going forward, the wholesale and retail trade segment is also expected to be the fastest growing segment in the domestic couriers market, at a CAGR of 13.1% during 2020-2025.

Asia Pacific was the largest region in the global domestic couriers market, accounting for 36.9% of the total in 2020. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the domestic couriers market will be the Asia Pacific and Middle East, where growth will be at CAGRs of 12.9% and 12.3% respectively during 2020-2025. These will be followed by Africa and South America, where the markets are expected to grow at CAGRs of 11.9% and 11.8% respectively.

The global domestic couriers market is fragmented, with large number of small players. The top ten competitors in the market made up to 21.3% of the total market in 2020. Major players in the market include United Parcel Service Inc., FedEx Corporation, China Post, Royal Mail, United States Postal Service, Canada Post Corporation, SF Express Co. Ltd., and DHL Express, Yunda Holding Co., Ltd. and Shanghai YTO Express (Logistics) Co. Ltd.

The top opportunities in the domestic couriers market segmented by type will arise in the express segment, which will gain $202.9 billion of global annual sales by 2025. The top opportunities in the domestic couriers market segmented by application will arise in the business-to-consumer (B2C) segment, which will gain $162.3 billion of global annual sales by 2025. The top opportunities in the domestic couriers market segmented by application will arise in the wholesale and retail trade segment, which will gain $156.8 billion of global annual sales by 2025. The domestic couriers’ market size will gain the most in the China at $83.5 billion.

Market-trend-based strategies for the domestic couriers market include on demand delivery of parcels, automated parcel terminals, customized solutions for e-commerce companies, shifting focus from B2B to B2C deliveries, drone deliveries, delivery with autonomous vehicles, route optimization and e-locker delivery system. Player-adopted strategies in the domestic couriers market includes acquiring emerging technological companies, expanding brand portfolios through new product launches and expanding business operations in other regions.

To take advantage of these opportunities, the publisher recommends the domestic couriers companies to focus on on-demand delivery and online services, automated parcel terminals, expand in emerging markets to gain market share, provide competitive & premium pricing, leverage social media to maximize reach, collaborate with e-commerce and food delivery companies among other strategies.

A selection of companies mentioned in this report includes:

  • United Parcel Service Inc.
  • FedEx Corporation
  • China Post
  • Royal Mail
  • United States Postal Service

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