Courier, Express, and Parcel Market by Consumer and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR41204
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The courier, express, and parcel market size is expected to grow by USD 141.05 billion and record a CAGR of 7% during 2021-2025.

This post-pandemic courier, express, and parcel market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this courier, express, and parcel market analysis report, key drivers such as growing e-commerce market have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as lack of supply chain visibility affecting vendor-customer relationship, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Courier, Express, And Parcel Market Size be in 2021?

Courier -Express -And-Parcel-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Courier, Express, And Parcel Market?

The courier, express, and parcel market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • A1 Express Delivery Service Inc.
  • Allied Express Transport Pty Ltd.
  • Aramex International LLC
  • BDP International Inc.
  • CEVA Logistics AG
  • Deutsche Post DHL Group
  • FedEx Corp.
  • One World Express Inc. Ltd.
  • S.F. Holding Co. Ltd.
  • United Parcel Service Inc.

 

Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The courier, express, and parcel market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This courier, express, and parcel market report further entails segmentation by consumer (B2B, B2C, and C2C) and geography (APAC, North America, Europe, MEA, and South America). The available actionable insights on the segmentations, in this report, will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The courier, express, and parcel market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for Courier, Express, And Parcel Market?

Courier -Express -And-Parcel-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. The growing integration of last-mile delivery models with courier, express, and parcel companies will significantly influence courier, express, and parcel market growth in this region. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

42% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for courier, express, and parcel market in the region. This report provides estimations of the contribution of all regions to the growth of the courier, express, and parcel market size.

Courier, Express, And Parcel Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2021-2025

USD 141.05 billion

Market structure

Fragmented

YoY growth (%)

6.88

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 42%

Key consumer countries

US, China, India, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A1 Express Delivery Service Inc., Allied Express Transport Pty Ltd., Aramex International LLC, BDP International Inc., CEVA Logistics AG, Deutsche Post DHL Group, FedEx Corp., One World Express Inc. Ltd., S.F. Holding Co. Ltd., and United Parcel Service Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

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What are the Key Factors Covered in this Courier, Express, And Parcel Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive courier, express, and parcel market growth during the next five years
  • Precise estimation of the courier, express, and parcel market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the courier, express, and parcel industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of courier, express, and parcel market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The courier, express, and parcel market growth will increase by $58.32 billion during 2019-2024.
The courier, express, and parcel market is expected to grow at a CAGR of 3.39% during 2019-2024.
Technavio has segmented the courier, express, and parcel market by consumer (B2B, B2C, and C2C) and geographic (APAC, North America, Europe, MEA, and South America).
A1 Express Delivery Service Inc., Allied Express Transport Pty Ltd., Aramex International LLC, BDP International Inc., CEVA Logistics AG, Deutsche Post DHL Group, FedEx Corp., One World Express Inc. Ltd., SF Holding Co. Ltd., United Parcel Service Inc. are a few of the key vendors in the courier, express, and parcel market.
APAC will register the highest growth rate of 43.88% among the other regions. Therefore, the courier, express, and parcel market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the courier, express, and parcel market growth are:
  • Rise in FTAs to drive investments in courier, express, and parcel markets in emerging economies
The courier, express, and parcel market vendors should focus on grabbing business opportunities from the b2b segment as it accounted for the largest market share in the base year.
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