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Europe Express Delivery Market size is forecast to increase by USD 15.28 billion at a CAGR of 4.61% between 2023 and 2028. The market's growth hinges on various factors, including the expansion of the e-commerce industry in Europe, the increasing adoption of express deliveries for pharmaceutical goods, and the rise in cross-border trade within Europe. This growth is facilitated by the strengthening of domestic markets, the implementation of online tracking of parcels, timely e-mail alerts, and expedited delivery times of one to two business days. The market is characterized by fierce competition and constant innovation, with companies implementing new technologies like drones and autonomous vehicles for deliveries. With the increasing demand for speedy and reliable delivery services, the Europe express delivery market is projected to continue its growth in the coming years. This European express delivery market research and growth report includes an in-depth analysis of the key market drivers, trends, and challenges during the forecasted period.
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The Express Delivery Market in Europe is thriving with the rise in import and export activities, propelled by a growing demand for fast and efficient logistics solutions. Couriers like FedEx, UPS, and USPS dominate the landscape, offering reliable and speedy shipping services. The Europe express delivery market is a thriving industry that focuses on fast and efficient delivery services. Major players in the European express delivery market include companies like DHL, UPS, FedEx, and Amazon Logistics. With an emphasis on international shipping, these carriers ensure convenience and faster delivery times for both parcel delivery and urgent or time-sensitive shipments. Although more expensive, their distribution route covers promising regions, ensuring efficient transportation and network coverage. Customers benefit from features like E-mail alerts for tracking and regular mail options for less urgent deliveries, with most deliveries completed within one to two business days. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
The domestic segment is estimated to witness significant growth during the forecast period. The domestic segment of the Europe market comprises the swift and efficient transportation of parcels and packages within a single country or between neighboring countries on the European continent.
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The domestic segment was the largest and was valued at USD 35.75 billion in 2018. For instance, DHL, a global logistics and company, operates extensively within Europe's domestic delivery service market, providing express services for businesses and individuals. The company's services cater to a variety of industries, including pharmaceuticals, fashion, and technology. Thus, overall, the domestic segment of the European logistics market driving due to the expansion of e-commerce, high customer expectations for express delivery service, same-day and next-day delivery demands, the presence of diverse marketplaces, and the need for efficient supply chains. service providers continue to adapt and expand their services to meet the evolving needs of businesses and consumers, which will fuel the growth of the domestic segment of the European Delivery market during the forecast period.
In Europe, the express delivery market thrives on fast, efficient logistics and transportation networks, ensuring reliable door-to-door courier service for time-sensitive parcels. With international shipping capabilities and a robust supply chain network, express couriers guarantee speedy, trackable delivery from warehouse dispatch to last-mile delivery. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The burgeoning demand for pharmaceutical goods in domestic and international markets, particularly driven by the growing use of services, propels market growth. Across the globe, medical emergencies necessitate swift transportation of medication and medical equipment to healthcare facilities. Consequently, service providers are innovating to ensure efficient delivery, with a focus on temperature-sensitive products. In Europe, companies like Chronopost are collaborating with meteorological agencies to mitigate temperature-related risks during transit. By leveraging weather analytics, Chronopost optimizes packaging and delivery protocols, ensuring safe and timely deliveries of medication. This emphasis on convenience and express deliveries of pharmaceuticals is poised to be a significant driver of market growth in the forecast period
The adoption of IT-enabled technology in services is an emerging trend shaping the market growth. Service providers are implementing IT-enabled services, such as GPS tracking, online tracking, communication services, Management information systems (MIS), automatic updating of records, 2D barcoding, and real-time tracking, to provide hassle-free services to customers. IT-enabled services also help make business processes faster and more accurate than manual processes. This increases the profitability of service providers. 2D and 3D barcoding are extensively implemented by most companies in the market as they help in better tracking of products.
Moreover, another technological innovation implemented by companies in the market is the use of cloud computing technology, which allows consumers to access data with respect to the delivery of the parcel from any location. Such advancements will flourish the growth of the market in focus during the forecast period.
Competitive pricing pressure is a significant challenge hindering market growth. A service provider's growth is mainly dependent on high-quality services, speed, and reliability. However, the presence of leading companies in Europe is making the market both price-sensitive and highly competitive. Reduction in prices will lower the quality of services among companies in the B2C e-commerce segment that ship light packages but in high volumes. This competitive pricing can affect the market share of UPS, DHL, UPS, and FedEx have changed their pricing mechanism from weight-based to dimension-based pricing.
Additionally, alleviating the effects of unstable fuel costs in the service business is essential among the pricing strategies adopted by service providers. Therefore, the above-mentioned factors will have a negative impact on the market during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Europe Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Aramex International LLC - The company offers international, freight forwarding, domestic express, logistics, and other operations.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The delivery industry is experiencing significant evolution driven by the surge in domestic e-commerce sales and the expansion of domestic and international markets. As cross-border e-commerce gains traction, major players in express delivery services focus on enhancing customer relationship engagement through value-added services like mobile tracking applications and management information systems.
Efficient sorting and grading of products coupled with streamlined order processing bolster the logistics supply chain, enabling online tracking of parcel delivery and prompt shipping services. While regular mail remains a staple for many, the demand for urgent or time-sensitive shipments prompts reliance on carriers like USPS for faster delivery times.
The healthcare industry benefits from express delivery, particularly for food and beverage shipments, perishable items, and medical supplies like prescription medication. Restaurants prioritize same-day delivery for fresh ingredients, though reliability issues such as lost or damaged packages and delayed deliveries persist, especially in remote or rural areas. With an eye on sustainability, the delivery industry explores environmentally friendly practices amidst a backdrop of declining demand for regular delivery services. Despite challenges such as delays and disruptions, ensuring the health and safety of workers remains paramount, underscoring the importance of reliable goods transportation in the era of booming online shopping and express deliveries for home deliveries.
The Market report forecasts the market growth rate by revenue and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Europe Express Delivery Market Scope |
|
Report Coverage |
Details |
Page number |
157 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.61% |
Market growth 2024-2028 |
USD 15.28 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.45 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AfterShip Group, Aramex International LLC, CMA CGM SA Group, DB Schenker, Deutsche Post AG, DPD Deutschland GmbH, FedEx Corp., International Distributions Services plc, Otto GmbH and Co. KG, United Parcel Service Inc., YTO International Express and Supply Chain Technology Ltd., BTA International, Burns Express Freight Ltd., DPEX Worldwide, La Poste SA, Manston Express Transport, Montad Ltd t a Cargo Express, POSTE ITALIANE SPA, PostNL Holding B.V., and Simpex |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our market growth anlysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research and growth report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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