This report describes and explains the parcel delivery logistics market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global parcel delivery logistics market reached a value of nearly $496.96 billion in 2024, having grown at a compound annual growth rate (CAGR) of 6.74% since 2019. The market is expected to grow from $496.96 billion in 2024 to $635.25 billion in 2029 at a rate of 5.03%. The market is then expected to grow at a CAGR of 4.04% from 2029 and reach $774.41 billion in 2034.
Growth in the historic period resulted from the expansion of e-commerce industry, rise in cross-border trade, favorable government initiatives and growing cases of reverse logistics. Factors that negatively affected growth in the historic period were labor shortages and stringent government regulations and compliance standards.
Going forward, the growth in same-day and next-day delivery model, rise in omnichannel retailing, rising internet and smartphone penetration and improved transportation infrastructure will drive the growth. Factor that could hinder the growth of the parcel delivery logistics market in the future include rising operational costs, rising insurance premiums for parcels and impact of trade war and tariff.
Asia Pacific was the largest region in the parcel delivery logistics market, accounting for 36.48% or $181.29 billion of the total in 2024. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the parcel delivery logistics market will be Asia Pacific and Africa where growth will be at CAGRs of 7.31% and 5.63% respectively. These will be followed by Eastern Europe and South America where the markets are expected to grow at CAGRs of 4.65% and 4.48% respectively.
The global parcel delivery logistics market is concentrated, with large players operating the market. The top ten competitors in the market made up to 30.62% of the total market in 2023. DHL Group. was the largest competitor with a 9.53% share of the market, followed by FedEx Corporation. with 7.19%, SF Holding Co. Ltd. with 3.04%, Royal Mail Group Ltd. with 2.60%, USPS (United States Postal Service) with 2.04%, Japan Post Holdings Co. Ltd. with 1.84%, United Parcel Service Inc. with 1.27%, Amazon Logistics with 1.23%, Yamato Holdings co. Ltd. with 0.95% and ZTO Express Inc. with 0.93%.
The parcel delivery logistics market is segmented by service type 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 parcel delivery logistics market segmented by service type, accounting for 56.17% or $279.14 billion of the total in 2024. Going forward, the business to consumer (B2C) segment is expected to be the fastest growing segment in the parcel delivery logistics market segmented by service type, at a CAGR of 6.30% during 2024-2029.
The parcel delivery logistics market is segmented by transportation mode into roadways, airways, railways and waterways. The roadways market was the largest segment of the parcel delivery logistics market segmented by transportation mode, accounting for 39.89% or $198.22 billion of the total in 2024. Going forward, the airways segment is expected to be the fastest growing segment in the parcel delivery logistics market segmented by transportation mode, at a CAGR of 6.27% during 2024-2029.
The parcel delivery logistics market is segmented by destination type into domestic and international. The domestic market was the largest segment of the parcel delivery logistics market segmented by destination type, accounting for 73.89% or $367.21 billion of the total in 2024. Going forward, the international segment is expected to be the fastest growing segment in the parcel delivery logistics market segmented by destination type, at a CAGR of 6.30% during 2024-2029.
The parcel delivery logistics market is segmented by end-user into defense, chemical, retail, wholesale, logistics and shipping and other end-users. The retail market was the largest segment of the parcel delivery logistics market segmented by end-user, accounting for 40.24% or $199.97 billion of the total in 2024. Going forward, the retail segment is expected to be the fastest growing segment in the parcel delivery logistics market segmented by end-user, at a CAGR of 6.55% during 2024-2029.
The top opportunities in the parcel delivery logistics markets segmented by service type will arise in the business to business (B2B) segment, which will gain $72.66 billion of global annual sales by 2029. The top opportunities in the parcel delivery logistics markets segmented by transportation mode will arise in the roadways segment, which will gain $60.07 billion of global annual sales by 2029. The top opportunities in the parcel delivery logistics markets segmented by destination type will arise in the domestic segment, which will gain $91.89 billion of global annual sales by 2029. The top opportunities in the parcel delivery logistics markets segmented by end-user will arise in the retail segment, which will gain $74.62 billion of global annual sales by 2029. The parcel delivery logistics market size will gain the most in China at $35.88 billion.
Market-trend-based strategies for the parcel delivery logistics market include developing delivery services to enhance speed, reliability and overall customer satisfaction, development of advanced delivery services aimed at improving speed, reliability and overall customer experience, shipping solutions to improve delivery efficiency, reduce costs, cross-border logistics to streamline international shipping and electrifying logistic services to enhance sustainability, reduce carbon emissions.
Player-adopted strategies in the parcel delivery logistics market include focus on expanding its operational capabilities through strategic partnerships and expanding its business capabilities through new strategic policies.
To take advantage of the opportunities, the analyst recommends the parcel delivery logistics market companies to focus on expanding high-speed delivery services in urban centers, focus on strengthening year-round delivery capabilities, focus on implementing multi-carrier shipping solutions, focus on expanding cross-border logistics services, focus on electrifying last-mile delivery operations, focus on the business to consumer (B2C) segment to drive growth, focus on the airways segment to capture high-growth opportunities, focus on the international segment to maximize growth potential, expand in emerging markets, focus on expanding distribution channels through strategic location and partnerships, focus on competitive and flexible pricing strategies to drive growth, focus on targeted digital and partnership-based promotion, focus on education and transparency in promotional messaging and focus on the retail segment to capture rapid market growth.
The global parcel delivery logistics market reached a value of nearly $496.96 billion in 2024, having grown at a compound annual growth rate (CAGR) of 6.74% since 2019. The market is expected to grow from $496.96 billion in 2024 to $635.25 billion in 2029 at a rate of 5.03%. The market is then expected to grow at a CAGR of 4.04% from 2029 and reach $774.41 billion in 2034.
Growth in the historic period resulted from the expansion of e-commerce industry, rise in cross-border trade, favorable government initiatives and growing cases of reverse logistics. Factors that negatively affected growth in the historic period were labor shortages and stringent government regulations and compliance standards.
Going forward, the growth in same-day and next-day delivery model, rise in omnichannel retailing, rising internet and smartphone penetration and improved transportation infrastructure will drive the growth. Factor that could hinder the growth of the parcel delivery logistics market in the future include rising operational costs, rising insurance premiums for parcels and impact of trade war and tariff.
Asia Pacific was the largest region in the parcel delivery logistics market, accounting for 36.48% or $181.29 billion of the total in 2024. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the parcel delivery logistics market will be Asia Pacific and Africa where growth will be at CAGRs of 7.31% and 5.63% respectively. These will be followed by Eastern Europe and South America where the markets are expected to grow at CAGRs of 4.65% and 4.48% respectively.
The global parcel delivery logistics market is concentrated, with large players operating the market. The top ten competitors in the market made up to 30.62% of the total market in 2023. DHL Group. was the largest competitor with a 9.53% share of the market, followed by FedEx Corporation. with 7.19%, SF Holding Co. Ltd. with 3.04%, Royal Mail Group Ltd. with 2.60%, USPS (United States Postal Service) with 2.04%, Japan Post Holdings Co. Ltd. with 1.84%, United Parcel Service Inc. with 1.27%, Amazon Logistics with 1.23%, Yamato Holdings co. Ltd. with 0.95% and ZTO Express Inc. with 0.93%.
The parcel delivery logistics market is segmented by service type 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 parcel delivery logistics market segmented by service type, accounting for 56.17% or $279.14 billion of the total in 2024. Going forward, the business to consumer (B2C) segment is expected to be the fastest growing segment in the parcel delivery logistics market segmented by service type, at a CAGR of 6.30% during 2024-2029.
The parcel delivery logistics market is segmented by transportation mode into roadways, airways, railways and waterways. The roadways market was the largest segment of the parcel delivery logistics market segmented by transportation mode, accounting for 39.89% or $198.22 billion of the total in 2024. Going forward, the airways segment is expected to be the fastest growing segment in the parcel delivery logistics market segmented by transportation mode, at a CAGR of 6.27% during 2024-2029.
The parcel delivery logistics market is segmented by destination type into domestic and international. The domestic market was the largest segment of the parcel delivery logistics market segmented by destination type, accounting for 73.89% or $367.21 billion of the total in 2024. Going forward, the international segment is expected to be the fastest growing segment in the parcel delivery logistics market segmented by destination type, at a CAGR of 6.30% during 2024-2029.
The parcel delivery logistics market is segmented by end-user into defense, chemical, retail, wholesale, logistics and shipping and other end-users. The retail market was the largest segment of the parcel delivery logistics market segmented by end-user, accounting for 40.24% or $199.97 billion of the total in 2024. Going forward, the retail segment is expected to be the fastest growing segment in the parcel delivery logistics market segmented by end-user, at a CAGR of 6.55% during 2024-2029.
The top opportunities in the parcel delivery logistics markets segmented by service type will arise in the business to business (B2B) segment, which will gain $72.66 billion of global annual sales by 2029. The top opportunities in the parcel delivery logistics markets segmented by transportation mode will arise in the roadways segment, which will gain $60.07 billion of global annual sales by 2029. The top opportunities in the parcel delivery logistics markets segmented by destination type will arise in the domestic segment, which will gain $91.89 billion of global annual sales by 2029. The top opportunities in the parcel delivery logistics markets segmented by end-user will arise in the retail segment, which will gain $74.62 billion of global annual sales by 2029. The parcel delivery logistics market size will gain the most in China at $35.88 billion.
Market-trend-based strategies for the parcel delivery logistics market include developing delivery services to enhance speed, reliability and overall customer satisfaction, development of advanced delivery services aimed at improving speed, reliability and overall customer experience, shipping solutions to improve delivery efficiency, reduce costs, cross-border logistics to streamline international shipping and electrifying logistic services to enhance sustainability, reduce carbon emissions.
Player-adopted strategies in the parcel delivery logistics market include focus on expanding its operational capabilities through strategic partnerships and expanding its business capabilities through new strategic policies.
To take advantage of the opportunities, the analyst recommends the parcel delivery logistics market companies to focus on expanding high-speed delivery services in urban centers, focus on strengthening year-round delivery capabilities, focus on implementing multi-carrier shipping solutions, focus on expanding cross-border logistics services, focus on electrifying last-mile delivery operations, focus on the business to consumer (B2C) segment to drive growth, focus on the airways segment to capture high-growth opportunities, focus on the international segment to maximize growth potential, expand in emerging markets, focus on expanding distribution channels through strategic location and partnerships, focus on competitive and flexible pricing strategies to drive growth, focus on targeted digital and partnership-based promotion, focus on education and transparency in promotional messaging and focus on the retail segment to capture rapid market growth.
Table of Contents
1 Executive Summary
6 Market Characteristics
7 Major Market Trends
8 Global Parcel Delivery Logistics Growth Analysis and Strategic Analysis Framework
9 Global Parcel Delivery Logistics Market Segmentation
10 Parcel Delivery Logistics Market, Regional and Country Analysis
11 Asia-Pacific Market
12 Western Europe Market
13 Eastern Europe Market
14 North America Market
15 South America Market
16 Middle East Market
17 Africa Market
18 Competitive Landscape and Company Profiles
19 Other Major and Innovative Companies
22 Key Mergers and Acquisitions
23 Recent Developments in Parcel Delivery Logistics
24 Opportunities and Strategies
25 Parcel Delivery Logistics Market, Conclusions and Recommendations
26 Appendix
Executive Summary
Parcel Delivery Logistics Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global parcel delivery logistics market as it emerges from the COVID-19 shut down.Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Description
Where is the largest and fastest-growing market for parcel delivery logistics? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The parcel delivery logistics market global report 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 history and forecasts market growth by geography. It places the market within the context of the wider parcel delivery logistics market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by service type, by transportation mode, by destination type and by end-user.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis and Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Regional and Country Analysis - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by service type, by transportation mode, by destination type and by end-user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Recent Developments - Information on recent developments in the market covered in the report.
- Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations: This section includes recommendations for parcel delivery logistics providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) By Service Type: Business to Business (B2B); Business to Consumer (B2C); Consumer to Consumer (C2C)2) By Transportation Mode: Roadways; Airways; Railways; Waterways
3) By Destination Type: Domestic; International
4) By End-User: Defense; Chemical; Retail; Wholesale; Logistics and Shipping; Other End-Users
Companies Mentioned: DHL Group; FedEx Corporation; SF Holding Co. Ltd.; Royal Mail Group Ltd.; USPS (United States Postal Service)
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; 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; parcel delivery logistics indicators comparison.
Data Segmentation: 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.
Companies Mentioned
The companies featured in this Parcel Delivery Logistics market report include:- DHL Group
- FedEx Corporation
- SF Holding Co. Ltd.
- Royal Mail Group Ltd.
- USPS (United States Postal Service)
- Japan Post Holdings Co. Ltd.
- United Parcel Service Inc.
- Amazon Logistics
- Yamato Holdings co. Ltd.
- ZTO Express Inc.
- SF Express
- JD Logistics
- Alibaba Cainiao Network
- YTO Express
- Nippon Express
- Kintetsu World Express
- Yusen Logistics
- Sagawa Express
- CJ Logistics
- Hanjin Logistics
- Lotte Global Logistics
- Delhivery
- Japan Post
- Pantos Logistics
- Doddle Parcel Services Ltd.
- DPD
- DX Group
- FedEx
- CEVA Logistics Geodis
- UPS Supply Chain Solutions
- LPP Logistics
- Geodis
- Raben Group
- Hellmann Worldwide Logistics
- Stord Inc.
- edEx Corporation
- Canada Post Corporation
- PLS Logistics Services
- LCS Logistics
- DTDC Express Limited
- Purolator Inc.
- ePost Global
- TForce Logistics
- Correios
- Mercado Envios
- Navios South American Logistics Inc.
- SEKO Logistics
- Aliança
- Blu Logistics
- Halan Delivery Service
- Yurtiçi ve Yurtdışı Taşımacılık A.Ş.
- AGS Logistics
- Maersk
- Mylerz
- Jumia
- Xpress
- Kwikpik
- Aramex
- Kimberly-Clark
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 376 |
| Published | September 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 496.96 Billion |
| Forecasted Market Value ( USD | $ 774.41 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 60 |
