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Courier, Express, and Parcel Market By Business, By Destination, By End User, By Mode of Transportation: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 305 Pages
  • November 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725128
The report incorporates the study of the global courier, express, and parcel (CEP) market, that focuses on the delivery of parcels and documents through the land, air, and waterways across various locations. The service provider operates on various business models, such as business-to-business (B2B), customer-to-customer (C2C), and business-to-customer (B2C) and offer value-added services, including express deliveries to retail consumers, government agencies, and business customers. At present, evolution of technology is redesigning entire supply chain and reinventing the industry. Courier and delivery business is opening up new opportunities for the e-commerce market by simplifying the way products are delivered. Apart from this, the increasing utilization of advanced digital technologies by the CEP service providers, such as delivery lockers, autonomous vehicles, and drone deliveries, are bolstering the market growth. For instance, in June 2022, FedEx Corp. received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors (GM). The company plans to transform its entire parcel pickup and delivery (PUD) fleet to all-electric, zero tailpipe emissions by 2040 and comes just months after BrightDrop’s commercialization of the Zevo600 as the fastest vehicle to market in GM’s history.
Growth of e-commerce industry, advancement in trade-related agreements, and optimized demand for the fast delivery of packages supplement the growth of the courier, express, and parcel market. However, lack of proper infrastructure & increased cost of logistics and uneven control of manufacturers on logistics services are the factors that are expected to hamper the growth of the courier, express, and parcel market. In addition, technological developments in delivery services and inclusion of last-mile deliveries coupled with logistics automation create numerous opportunities for the growth of courier, express, and parcel market.

For the purpose of analysis, the global courier, express, and parcel market is segmented on the basis of business, destination, end-user, mode of transportation, and region. By business, the market is divided into B2B, B2C, and C2C. By destination, it is fragmented into domestic and international. By end-user, it is categorized into services, wholesale & retail trade, manufacturing, construction & utilities, and primary industries. By mode of transportation, it is further classified into railways, airways, roadways, and waterways. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the courier, express, and parcel market are Aramex, Deutsche Post AG, FedEx, One World Express Inc. Ltd, Poste Italiane, PostNL Holding B. V., Qantas Airways Limited, Royal Mail Group Limited, SF Express, Singapore Post Limited, United Parcel Service of America, Inc., and Yamato Transport Co., Ltd.

KEY BENEFITS FOR STAKEHOLDERS

  • This study presents analytical depiction of the global courier, express, and parcel market analysis along with current trends and future estimations to depict imminent investment pockets.
  • The overall courier, express, and parcel market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global courier, express, and parcel market with a detailed impact analysis.
  • The current courier, express, and parcel market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Business

  • B2B
  • B2C
  • C2C

By Destination

  • Domestic
  • International

By End User

  • Services
  • Wholesale and Retail
  • Manufacturing
  • Construction and Utilities
  • Primary Industries

By Mode of Transportation

  • Railways
  • Airways
  • Roadways
  • Waterways

By Region

  • North America
  • U. S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • ARAMEX
  • DHL
  • FedEx
  • one world express inc. ltd
  • Poste Italiane
  • PostNL Holding B. V.
  • Qantas Airways Limited
  • Royal Mail Group Limited
  • SF Express
  • Singapore Post Limited
  • United Parcel Service of America, Inc.
  • Yamato Transport Co., Ltd.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: COURIER, EXPRESS, AND PARCEL (CEP) MARKET, BY BUSINESS
4.1 Overview
4.1.1 Market size and forecast
4.2 B2B
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 B2C
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 C2C
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country

CHAPTER 5: COURIER, EXPRESS, AND PARCEL (CEP) MARKET, BY DESTINATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Domestic
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 International
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: COURIER, EXPRESS, AND PARCEL (CEP) MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Services
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Wholesale and Retail
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Manufacturing
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 Construction and Utilities
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
6.6 Primary Industries
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market share analysis by country

CHAPTER 7: COURIER, EXPRESS, AND PARCEL (CEP) MARKET, BY MODE OF TRANSPORTATION
7.1 Overview
7.1.1 Market size and forecast
7.2 Railways
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3 Airways
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4 Roadways
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country
7.5 Waterways
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market share analysis by country

CHAPTER 8: COURIER, EXPRESS, AND PARCEL (CEP) MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Business
8.2.3 North America Market size and forecast, by Destination
8.2.4 North America Market size and forecast, by End User
8.2.5 North America Market size and forecast, by Mode of Transportation
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Business
8.2.6.1.3 Market size and forecast, by Destination
8.2.6.1.4 Market size and forecast, by End User
8.2.6.1.5 Market size and forecast, by Mode of Transportation
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Business
8.2.6.2.3 Market size and forecast, by Destination
8.2.6.2.4 Market size and forecast, by End User
8.2.6.2.5 Market size and forecast, by Mode of Transportation
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by Business
8.2.6.3.3 Market size and forecast, by Destination
8.2.6.3.4 Market size and forecast, by End User
8.2.6.3.5 Market size and forecast, by Mode of Transportation
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Business
8.3.3 Europe Market size and forecast, by Destination
8.3.4 Europe Market size and forecast, by End User
8.3.5 Europe Market size and forecast, by Mode of Transportation
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Business
8.3.6.1.3 Market size and forecast, by Destination
8.3.6.1.4 Market size and forecast, by End User
8.3.6.1.5 Market size and forecast, by Mode of Transportation
8.3.6.2 Germany
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Business
8.3.6.2.3 Market size and forecast, by Destination
8.3.6.2.4 Market size and forecast, by End User
8.3.6.2.5 Market size and forecast, by Mode of Transportation
8.3.6.3 France
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Business
8.3.6.3.3 Market size and forecast, by Destination
8.3.6.3.4 Market size and forecast, by End User
8.3.6.3.5 Market size and forecast, by Mode of Transportation
8.3.6.4 Italy
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Business
8.3.6.4.3 Market size and forecast, by Destination
8.3.6.4.4 Market size and forecast, by End User
8.3.6.4.5 Market size and forecast, by Mode of Transportation
8.3.6.5 Rest of Europe
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Business
8.3.6.5.3 Market size and forecast, by Destination
8.3.6.5.4 Market size and forecast, by End User
8.3.6.5.5 Market size and forecast, by Mode of Transportation
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Business
8.4.3 Asia-Pacific Market size and forecast, by Destination
8.4.4 Asia-Pacific Market size and forecast, by End User
8.4.5 Asia-Pacific Market size and forecast, by Mode of Transportation
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Business
8.4.6.1.3 Market size and forecast, by Destination
8.4.6.1.4 Market size and forecast, by End User
8.4.6.1.5 Market size and forecast, by Mode of Transportation
8.4.6.2 Japan
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Business
8.4.6.2.3 Market size and forecast, by Destination
8.4.6.2.4 Market size and forecast, by End User
8.4.6.2.5 Market size and forecast, by Mode of Transportation
8.4.6.3 India
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Business
8.4.6.3.3 Market size and forecast, by Destination
8.4.6.3.4 Market size and forecast, by End User
8.4.6.3.5 Market size and forecast, by Mode of Transportation
8.4.6.4 Australia
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Business
8.4.6.4.3 Market size and forecast, by Destination
8.4.6.4.4 Market size and forecast, by End User
8.4.6.4.5 Market size and forecast, by Mode of Transportation
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Business
8.4.6.5.3 Market size and forecast, by Destination
8.4.6.5.4 Market size and forecast, by End User
8.4.6.5.5 Market size and forecast, by Mode of Transportation
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Business
8.5.3 LAMEA Market size and forecast, by Destination
8.5.4 LAMEA Market size and forecast, by End User
8.5.5 LAMEA Market size and forecast, by Mode of Transportation
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Business
8.5.6.1.3 Market size and forecast, by Destination
8.5.6.1.4 Market size and forecast, by End User
8.5.6.1.5 Market size and forecast, by Mode of Transportation
8.5.6.2 Middle East
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Business
8.5.6.2.3 Market size and forecast, by Destination
8.5.6.2.4 Market size and forecast, by End User
8.5.6.2.5 Market size and forecast, by Mode of Transportation
8.5.6.3 Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Business
8.5.6.3.3 Market size and forecast, by Destination
8.5.6.3.4 Market size and forecast, by End User
8.5.6.3.5 Market size and forecast, by Mode of Transportation

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 ARAMEX
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 DHL
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 FedEx
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 one world express inc. ltd
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Poste Italiane
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 PostNL Holding B. V.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Qantas Airways Limited
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Royal Mail Group Limited
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 SF Express
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Singapore Post Limited
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 United Parcel Service of America, Inc.
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Yamato Transport Co., Ltd.
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments

Executive Summary

The Courier, Express, and Parcel (CEP) Market is expected to experience a significant growth rate of 6.3% from 2022-2031 owing to increasing market demand from the wholesale and retail sector..

Courier, express, and parcel (CEP) is the combination of services that involves the process of delivery of numerous goods and products through land, air, or waterways across locations. The parcel or courier delivered through CEP services are usually non-palletized items having weight ranging between 50-70 kgs. CEP services differ in speed, weight and volume of the packages and the way of carrying out the shipment of the goods. Moreover, with the advancement in technology followed by government regulations pertaining to weight and volume allows strong standardization and offers great potential for automating the CEP service.

The key factors driving the growth of the courier, express and parcel (CEP) market include development of the e-commerce industry, rise in trade-related agreements and increase in demand for the fast delivery of packages, which creates lucrative opportunities for the growth of the market across the globe. Moreover, the factors such as growth in cross-border trade, rise of tech-driven logistics services and increase in adoption of IoT enabled services also propels the market toward a positive growth across the globe. Moreover, the factors such as uneven infrastructure of logistic services coupled with higher logistics cost and lack of control of manufacturers on logistics services hamper the growth of the market across the globe.

The market also offers growth factors to the key players operating in the market to enhance their services, which creates ample opportunities for the growth of the market across the globe. Online product ordering and delivery services have gained high traction in the last five years, which has propelled the market toward a positive growth. In addition, the factors such as technological advancements in delivery services, emergence of last-mile deliveries coupled with logistics automation, adoption autonomous delivery to reinforce demand, cost cutting, and lead time reduction, owing to adoption of multi-modal system creates numerous opportunities for the growth of the market across the globe.

The courier, express and parcel (CEP) market is segmented into business, destination, end-user, mode of transportation, and region. By business, the market is divided into B2B, B2C, and C2C. By destination, it is fragmented into domestic and international. By end-user, it is categorized into services, wholesale & retail trade, manufacturing, construction & utilities, and primary industries. By mode of transportation, it is further classified into railways, airways, roadways, and waterways. By region, it is analyzed across North America (U.S., Canada and Mexico), Europe (UK, Germany, France, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

The key players profiled in the study include Aramex, Deutsche Post AG, FedEx, One World Express Inc. Ltd, Poste Italiane, PostNL Holding B.V., Qantas Airways Limited, Royal Mail Group Limited, SF Express, Singapore Post Limited, United Parcel Service of America, Inc., and Yamato Transport Co., Ltd. The players in the market have been actively engaged in the adoption of various strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market. For instance, in September, 2022, DHL acquired a majority stake in the Dutch order processor Monta. Monta supplies, among other things, software for warehouse management and order processing for small and medium-sized web shops. Similarly, in June 2022, Aramex PJSC entered into a binding agreement to fully acquire Access USA Shipping LLC (MyUS), a global technology-driven platform that enables cross-border e-commerce, for a cash purchase price of USD $265 million.

Key Market Insights

By business, the B2B segment was the highest revenue contributor to the market, and is estimated to reach $424.47 billion by 2031, with a CAGR of 6.1%. However, the B2C segment is estimated to be the fastest growing segment with the CAGR of 6.9% during the forecast period.

By destination, the domestic segment dominated the global market, and is estimated to reach $382.39 billion by 2031, with a CAGR of 5.7%. However, the international segment is expected to be the fastest growing segment with the CAGR of 7.0% during the CEP market forecast period.

By end user, the services segment was the highest revenue contributor to the market, with $131.44 billion in 2021, and is estimated to reach $226.84 billion by 2031, with a CAGR of 5.7%.

By mode of transportation, the roadways segment was the highest revenue contributor to the market, with $170.62 billion in 2021, and is estimated to reach $282.76 billion, with a CAGR of 5.2% from 2022-2031.

By region, Asia-Pacific was the highest revenue contributor, accounting for $163.55 billion in 2021, and is estimated to reach $341.55 billion by 2031, with a CAGR of 7.7%.

Companies Mentioned

  • Aramex
  • Dhl
  • Fedex
  • One World Express Inc. Ltd.
  • Poste Italiane
  • Postnl Holding B.V.
  • Qantas Airways Limited
  • Royal Mail Group Limited
  • Sf Express
  • Singapore Post Limited
  • United Parcel Service of America, Inc.
  • Yamato Transport Co. Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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