Nordics Courier, Express, and Parcel (CEP) - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Rising demand for CEP deliveries owing to e-commerce, specifically for goods like grocery, pharmaceuticals, and beauty products

• As of 2022, the courier, express, and parcel (CEP) market was growing at a robust rate, and the domestic segment of the courier, express, and parcel market had a larger contribution compared to the international segment. The key factors driving the CEP market are the e-commerce industry, both domestic and cross-border, and the surge in B2C deliveries. E-commerce is also expected to touch USD 51 billion by 2025 potentially contributing to significant growth of the CEP market.
• The e-commerce industry has been one of the major driving factors of the CEP market. The revenue of the e-commerce industry reached USD 37.55 billion in 2022. A significant factor driving e-commerce growth in the Nordics is the increase in regular, recurrent purchases, such as grocery, pharmaceuticals, and beauty products. These high-frequency purchases provided a permanent boost to monthly e-commerce acquisitions. As a result, the CEP market is expected to boom in the future, with the value of e-commerce projected to reach USD 55.97 billion in 2027.

Nordic nations drive global e-commerce surge, sweden leads with 43% of cross-border sales

• As of 2022, cross-border online shopping has gained significant traction in Nordic countries, with over a third of online consumer orders originating from abroad. In total, these cross-border shoppers have spent approximately USD 3.81 billion on purchases from foreign websites. The region is projected to witness a substantial increase in the number of e-commerce users, reaching 21.21 million by 2027, with a user penetration rate of 74.5%. This growing user base is likely to drive a further surge in demand for international courier, express, and parcel (CEP) services.
• The road freight transport market in the Nordic region experienced growth, reaching a value of USD 13.7 billion in 2022 compared to USD 13.2 billion in 2021. In 2022, road freight transport constituted 67% of the total inland freight transport in the Nordic region. In 2021, the overall volume of road freight transport in the Nordic region amounted to approximately 94.27 billion ton-kilometers. The domestic volumes accounted for around 65.46 billion ton-kilometers, while international volumes accounted for approximately 24.39 billion ton-kilometers.

Nordics Courier, Express, and Parcel (CEP) Market Trends

Sweden dominates the GDP of the Nordic transport sector, fueled by modern logistics infrastructure

• The European Commission granted USD 41.74 million to 11 projects in Finland through the Connecting Europe Facility (CEF). Five government projects received USD 21.52 million, and six private sector projects got USD 20.23 million. The CEF Transport Committee made the allocations in July 2024, ultimately awarding USD 7.48 billion to 134 projects out of over 400 applications requesting more than USD 23.48 billion. The Commission focuses on funding projects that are well-prepared for planning and implementation.
• Denmark's initiative, "Denmark Forward,"pledges DKK 160 billion (USD 23.68 billion) towards infrastructure development by 2035. This investment aims to enhance the nation's road and railway systems, directly benefiting both citizens and businesses. Meanwhile, Norway has ramped up its public investments in transportation, a move poised to yield substantial economic advantages. This is particularly crucial as robust transportation infrastructure can facilitate Norway's shift from oil-centric activities.

Owing to the impact of the Russia-Ukraine war on fuel prices globally, fuel prices in the Nordic countries are rapidly increasing

• Petrol and diesel prices in Sweden have dropped due to two changes that started in early 2024, a tax cut and a reduction in the greenhouse gas reduction mandate. These cuts were part of election promises by the governing parties and the Sweden Democrats but have faced criticism for potentially increasing carbon emissions. Major fuel chains continued to lower prices through July 2024, with 95-octane petrol dropping by 25 öre to SEK 17.94 (USD 1.71) per liter, the lowest since mid-January. Diesel prices also fell by the same amount to SEK 17.54 (USD 1.67) per liter.
• In January 2024, Denmark launched the Green Fuels Alliance India (GFAI) initiative to strengthen cooperation between Denmark and India in sustainable energy solutions and achieve carbon neutrality while stabilizing fuel prices in Denmark. Key players include Maersk, Topsoe, and Novozymes. Denmark, recognized for its environmental efforts, also ranked 1st in the global Climate Performance Ranking 2024 and aims to achieve carbon neutrality by 2050. These initiatives have led to increased GDP growth forecast to 2.4% for 2024.

Nordics Courier, Express, and Parcel (CEP) Industry Overview

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