Courier, Express, and Parcel (CEP) Market worth USD 733.88 Billion by 2030, growing at a CAGR of +6.18%
Courier, Express, and Parcel (CEP) Market
Courier, Express, and Parcel (CEP) Market Analysis Report by Type, by Application and by End Users: Global Opportunity Analysis and Industry Forecast 2030
LUTON, BEDFORDSHIRE, UNITED KINGDOM, January 12, 2024 /EINPresswire.com/ -- “Exactitude Consultancy That Adds Flavour To Your Success”
Courier, Express, and Parcel (CEP) Market Overview
The Courier, Express, and Parcel (CEP) market is projected to grow from USD 482.31 Billion in 2023 to USD 733.88 Billion by 2030; it is expected to grow at a CAGR of 6.18% from 2024 to 2030.
Services for courier, express, and parcel delivery (CEP) transport packages and papers to a wide range of clients, including businesses, government organizations, and retail establishments. It entails the transportation of diverse commodities and products across geographical boundaries via a variety of media, including land, sea, and air. When delivering non-palletized parcels, the service provider sets a fee that varies according on the weight and urgency of the shipment. Due to their cost-effectiveness, secure delivery alternatives, and package tracking services, courier, express, and parcel (CEP) service providers are currently becoming more and more popular worldwide.
The growth of the courier, express, and parcel markets is bolstered by factors including the expansion of trade agreements, the growth of the e-commerce sector, and the growing demand for expedited package delivery. However, obstacles that are anticipated to impede the expansion of the courier, express, and package industry include inadequate infrastructure, increased logistics costs, and a lack of manufacturer control over logistics services. Additionally, last-mile deliveries and technology developments in delivery services, together with logistics automation, open up new markets for the major players in the industry.
Download Full PDF Sample Copy of Courier, Express, and Parcel (CEP) Report @
Some of the key players profiled in the study are : Aramex PJSC, Deutsche Post AG, FedEx Corporation, La Poste SA, Pos Malaysia Berhad, Poste Italiane SpA., PostNL NV, Courier Express, 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., Deutsche Post DHL Group, Nippon Express, Seino Transportation, Delhivery, The Courier Guy and other Prominent players.
Recent Developments:
12 October 2023 – Courier Express partnered with Penn State DuBois on endangered species series. Endangered species are organisms that are very likely to become extinct in the near future. Most causes for endangerment are human induced.
3 January 2024 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, teamed up with Gaius Automotive Inc. to introduce the commercial electric tricycle “Rapide 3” into its pick-up and delivery fleet in Taiwan. This innovative vehicle is designed to enhance service efficiency with its high load capacity, agile mobility, and extended range. The adoption of Rapide 3 underscores the FedEx commitment to more sustainable logistics solutions.
Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Courier, Express, and Parcel (CEP) Market. The major and emerging players of the Courier, Express, and Parcel (CEP) Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Courier, Express, and Parcel (CEP) market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Courier, Express, and Parcel (CEP) market
Courier, Express, and Parcel (CEP) Market by Mode of Transportation
Railways
Airways
Roadways
Waterways
Courier, Express, and Parcel (CEP) Market by Business
B2B
B2C
C2C
Courier, Express, and Parcel (CEP) Market by Destination
Domestic
International
Courier, Express, and Parcel (CEP) Market by End User
Services
Wholesale and Retail
Manufacturing
Construction and Utilities
Primary Industries
Courier, Express, and Parcel (CEP) Market Regional Analysis/Insights
In 2022, APAC is predicted to account for 40% of the increase. Due to their abundance of suppliers and increasing internet usage, APAC nations including South Korea, Japan, China, and Australia have enormous development potential. For instance, in 2022, the percentage of people using the Internet in South Korea, Japan, China, and Australia was 96%, 85%, 54%, and 87%, respectively. The regional market will also be driven by factors such as increased urbanization rates and rising disposable consumer income. One of the main things’ businesses are concentrating on that appeals to customers is quality improvements. Growing commerce is anticipated to significantly increase demand for the local courier, express, and package sector and offer enormous development opportunity for vendors, particularly in China, Thailand, and Vietnam.
One of the world’s emerging hotspots, Southeast Asia draws investors from all around the world. It is anticipated that e-commerce will expand in the area during the next several years. The increase in FMCG contract manufacturing in developing countries will have a significant effect on the expansion of package, courier, and express services within the next years. In Europe, Russia (up 11% in revenue and 9% in volume) and Turkey (up 19% in revenue and 5% in volume) are the emerging markets with the strongest relative growth, while starting from a lower base. Germany (increased 6% in revenue and volume), the UK (up 4% in revenue and 6% in volume), and France (up 4% in revenue and 5% in volume) were the best performers among mature markets.
For More Information or Query, Visit @
https://exactitudeconsultancy.com/reports/35882/courier-express-and-parcel-cep-market/
“Connect with our team of research specialists and unlock the optimal solution for driving your business growth”
Here's how Exactitude Consultancy helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Courier, Express, and Parcel (CEP) market through the forecast period.
This factor leads to the estimation of the Courier, Express, and Parcel (CEP) market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Courier, Express, and Parcel (CEP) market that will help the stakeholders to be aware of the current investment scenario across the market.
What is new in 2024?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Courier, Express, and Parcel (CEP) market.
- Updated financial information and product portfolios of players operating in the Courier, Express, and Parcel (CEP) market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Courier, Express, and Parcel (CEP).
Customization services available with the report:
- Country level market for Courier, Express, and Parcel (CEP) market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.
Please contact our sales professional ( sales@exactitudeconsultancy.com ), we will ensure you obtain the report which works for your needs.
Recommended Reading
Project Logistics Market by Verticals (oil and Gas, Construction, Energy and Power, Other), Service (Transportation, Warehousing, Inventory Management, Warehousing) and Region, Global Trends and forecast from 2023 to 2030
https://exactitudeconsultancy.com/reports/34594/project-logistics-market/
Freight and Logistics Market by End Use Industry (Agriculture, Fishing and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade), Logistic Function (Courier, Express and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage) and Region, Global trends and forecast from 2023 to 2030
https://exactitudeconsultancy.com/reports/33731/freight-and-logistics-market/
Parcel Delivery Market by Product (B2B, B2C) Application (International, Domestics) and Region, Global Trends and forecast from 2023 to 2030
https://exactitudeconsultancy.com/reports/34508/parcel-delivery-market/
Drone Logistics and Transportation Market by Solution (System, Software, Infrastructure), Platform (Freight Drones, Passenger Drones, Air Ambulance Drones), Application (Logistics, Transportation), End-User (Defense, Commercial), Range (Close- Range (<50 Kilometers), Short-Range (50 to 150 Kilometers), Mid-Range (151 to 650 Kilometers), Long-Range (>650 Kilometers)) and by Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa) Global Trends and Forecast from 2022 to 2029
https://exactitudeconsultancy.com/reports/20440/drone-logistics-and-transportation-market/
Third-Party Logistics (3PL) Market by Mode of Transport (Railways, Roadways, Waterways, Airways), Service Type (Dedicated Contract Carriage (DCC), Domestic Transportation Management, International Transportation Management, Warehousing and Transportation, Others), Industry (Technological, Automotive, Retailing, Elements, Food and Beverages, Healthcare, Others) and Region, Global trends and forecast from 2024 to 2030
https://exactitudeconsultancy.com/reports/35855/third-party-logistics-3pl-market/
About Us:
Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.
Contact:
Irfan T
Exactitude Consultancy
+1 704-266-3234
email us here
Visit us on social media:
Twitter
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
