United States Courier, Express, and Parcel (CEP) Market Report and Forecast 2025-2034

The United States courier, express, and parcel (CEP) market size was approximately USD 120.21 Billion in 2024. The market is assessed to grow at a CAGR of 8.60% between 2025 and 2034, reaching a value of around USD 274.31 Billion by 2034.

Key Trends in the Market

Courier, express, and parcel (CEP) involves the delivery of goods and commodities through different mediums of transportation. They play an essential role in the global economy and support the economic development and growth of a country. CEP companies utilise advanced technology such as artificial intelligence and route optimisation to ensure the timely delivery of goods.

The rise and development of the e-commerce industry is one of the key trends aiding the United States courier, express, and parcel (CEP) market growth. In 2022, the United States achieved a record high of $1.04 trillion in e-commerce sales, an 8.5% annual increase from the previous year.

The rising demand for same-day and rapid e-commerce delivery and easy return of products are boosting the demand for courier, express, and parcel (CEP) services due to their numerous advantages, including speed, reliability, safety, cost-efficiency, and support services.

• In early 2023, Mexico became the top trading partner of the United States, with bilateral trade totalling $263 billion in the first four months of the year. Additionally, the United States’s other biggest trade partners include China, Japan, and Canada. Hence, growing international trade is positively impacting the United States market for courier, express, and parcel (CEP).
• The United States courier, express, and parcel (CEP) market expansion is being aided by the modernisation of last-mile delivery by key players to expand their capacities, reduce operating costs, and improve delivery capacity. Increasing research and development (R&D) activities by companies to deploy drones, self-driving vehicles, and robots for enhancing the reliability of last-mile delivery options is anticipated further to propel the market in the coming years.
• The integration of artificial intelligence with CEP services is further expected to stimulate the United States courier, express, and parcel (CEP) market development in the coming years. Artificial intelligence (AI) integrated express delivery boasts increased productivity by 30-50%, surging customer satisfaction and facilitating cost savings for the companies.

United States Courier, Express, and Parcel (CEP) Market Segmentation

Breakup by Service Type:

• B2B (Business-to-Business)
• B2C (Business-to- Customer)
• C2C (Customer-to-Customer)

Breakup by Destination:

• Domestic
• International

Breakup by Transportation Type:

• Airways
• Waterways
• Roadways
• Railways

Breakup by End Use:

• Services (BFSI- Banking, Financial Services, and Insurance)
• Wholesale and Retail Trade (E-Commerce)
• Manufacturing, Construction, and Utilities
• Others

Breakup by Region:

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States courier, express, and parcel (CEP) market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

FedEx Corp.

FedEx Corp. was founded in 1971 and is headquartered in Tennessee, the United States. It is a multinational company that focuses on transportation, e-commerce, and business services. It imports and exports goods to more than 220 countries and territories.

United Parcel Service, Inc.

United Parcel Service, Inc. was founded in 1907 and is headquartered in Georgia, United States. The American shipping and receiving and supply chain management company operates in more than 200 countries and territories.

Schenker AG.

Schenker AG, founded in 1872, is a German logistics company and a subsidiary of Deutsche Bahn, the German railway company. Its connect2track (integrated IT tracking service) provides seamless 24/7 tracking and monitoring of the goods to the customers.

Other United States courier, express, and parcel (CEP) market players include DSV A/S, Deutsche Post AG, Aramex International LLC, TFI International Inc., Lasership, Inc. (OnTrac), US Postal Service, and Courier Express, among others.