Courier, Express and Parcel Market Size US$ 519.6 Billion by 2027, Exhibiting at a Growth Rate (CAGR) of 4.61%
Courier express and parcel (CEP) refers to the transportation and delivery of packages, documents, and other items from one location to another.
BROOKLYN, NEW YORK, UNITED STATES, April 19, 2023 /EINPresswire.com/ -- According to IMARC Groupโs latest report, titled โ๐๐จ๐ฎ๐ซ๐ข๐๐ซ, ๐๐ฑ๐ฉ๐ซ๐๐ฌ๐ฌ ๐๐ง๐ ๐๐๐ซ๐๐๐ฅ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐โ, the global courier, express and parcel (CEP) market size reached US$ 394 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 519.6 Billion by 2027, exhibiting at a growth rate (CAGR) of 4.61% during 2022-2027.
Courier express and parcel (CEP) refers to the transportation and delivery of packages, documents, and other items from one location to another. This service is provided by courier companies that specialize in delivering time-sensitive and high-value shipments. CEP services typically offer fast and reliable delivery options, such as same-day, next-day, or two-day delivery, and can handle packages of various sizes and weights. CEP services play a critical role in the global supply chain, facilitating the movement of goods and documents across borders, and enabling international trade.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/courier-express-parcel-market/requestsample
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Courier, Express and Parcel Market Trends:
The rising demand among consumers for fast and efficient delivery of their purchases represents a significant factor driving the market growth across the globe. In line with this, the growth of e-commerce has led to an increase in the volume of packages being shipped globally, which is driving the demand for CEP services. In addition to this, the growth of cross-border e-commerce is driving the demand for international CEP services, as consumers increasingly shop from overseas retailers, which, in turn, is acting as a major growth-inducing factor. Apart from this, the development of new and advanced technologies, such as drones and autonomous vehicles, is contributing to the growth of the market. This is further facilitating the efficient and cost-effective delivery of packages, thus driving the market growth. Moreover, the increasing demand for green and sustainable delivery options is driving the adoption of eco-friendly CEP services, such as electric vehicles (EVs) and low-emission delivery methods. This is creating a positive outlook for the market.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=1981&method=1
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined with some of the key players.
โข Aramex PJSC
โข Deutsche Post AG
โข Fedex Corporation
โข La Poste SA
โข Pos Malaysia Berhad
โข Poste Italiane SpA.
โข PostNL NV
โข Qantas Courier Limited
โข Royal Mail Group Plc
โข SF Express Co. Ltd.
โข SG Holdings Co. Ltd.
โข Singapore Post Ltd.
โข United Parcel Service Inc.
โข Yamato Transport Co.
Key Market Segmentation:
The report has segmented the market on the basis of service type, destination, type, end-use sector and region.
Breakup by Service Type:
โข B2B (Business-to-Business)
โข B2C (Business-to-Consumer)
โข C2C (Customer-to-Customer)
Breakup by Destination:
โข Domestic
โข International
Breakup by Type:
โข Air
โข Ship
โข Subway
โข Road
Breakup by End-Use Sector:
โข Services (BFSI- Banking, Financial Services and Insurance)
โข Wholesale and Retail Trade (E-commerce)
โข Manufacturing, Construction and Utilities
โข Others
Breakup by Region:
โข North America (United States, Canada)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
๐๐ฉ๐๐๐ค ๐ญ๐จ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/request?type=report&id=1981&flag=C
Key highlights of the report:
โข Market Performance (2016-2021)
โข Market Outlook (2022- 2027)
โข Porterโs Five Forces Analysis
โข Market Drivers and Success Factors
โข SWOT Analysis
โข Value Chain
โข 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.
Related Reports by IMARC Group:
United States Courier Express and Parcel Market Report
India Paper Packaging Market Report
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.
IMARCโs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companyโs expertise.
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IMARC Services Private Limited
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email us here
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