Courier, Express and Parcel Market Size 2021-2026: Global Industry Trends, Share, Growth,

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Courier, Express and Parcel Market

Courier, Express and Parcel Market

Looking forward, IMARC Group expects the market to grow at a CAGR of 5.2% during 2021-2026.

SHERIDAN, WYOMING, UNITED STATES, October 12, 2021 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Courier, Express and Parcel Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026”, the global courier, express and parcel market reached a value of US$ 368.5 Billion in 2020. Courier, express, and parcel (CEP) are the services that provide delivery of various goods and products through land, air, or waterways across locations. The packaged goods are non-palletized and generally, weigh around a hundred pounds altogether. These services function typically on business-to-business (B2B), business-to-customer (B2C) and customer-to-customer (C2C) model, combined with other value-added services for the enhanced delivery experience. Unlike conventional courier and parcel services, express deliveries are generally time-bound, enabling high-value consignments to be delivered in few days or at a pre-decided date and time.

Request for a PDF sample of this report: https://www.imarcgroup.com/courier-express-parcel-market/requestsample

Market Trends

The growing e-commerce industry and elevating cross-border trade are driving the growth of the market. The emergence of cross-border trade channels, particularly in the emerging economies, has escalated the number of international trade and B2C shipments. Moreover, growing consumer traction for online shopping through e-commerce portals further bolsters the market growth. E-commerce retailers partner with courier service companies for the delivery of goods across domestic and international locations. Additionally, technological advancements, such as integrating digital technologies with crowdsourced delivery models, further aggravate the market growth. These technologies help enhance overall operational efficiency and meet customer requirements effectively. Furthermore, rapid urbanization, increasing consumer expenditure capacities, and growing manufacturing industry is further projected to drive the market growth.  Looking forward, IMARC Group expects the market to grow at a CAGR of 5.2% during 2021-2026.

Competitive Landscape:

Aramex PJSC

Deutsche Post AG

Fedex Corporation

La Poste SA

Pos Malaysia Berhad

Poste Italiane SpA.

PostNL NV

Qantas Courier Limited

Royal Mail Group Plc

SF Express Co. Ltd.

SG Holdings Co. Ltd.

Singapore Post Ltd.

United Parcel Service Inc.

Yamato Transport Co.

The report has segmented the market on the basis of service type, destination, type, end-use sector and region.

Breakup by Service Type:

B2B (Business-to-Business)

B2C (Business-to-Consumer)

C2C (Customer-to-Customer)

Breakup by Destination:

Domestic

International

Breakup by Type:

Air

Ship

Subway

Road

Breakup by End-Use Sector:

Services (BFSI- Banking, Financial Services and Insurance)

Wholesale and Retail Trade (E-commerce)

Manufacturing, Construction and Utilities

Others

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/courier-express-parcel-market

Key highlights of the report:

Market Performance (2015-2020)

Market Outlook (2021- 2026)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Elena Anderson
IMARC Services Private Limited
+1 6317911145
email us here

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