Domestic courier, express, and parcel market is anticipated to grow at a CAGR of 6.3% during the forecast period. Courier, express, and parcel (CEP) refer to a collection of services that involves the delivery of various goods and products through land, air, or waterways across locations. These services commonly operate on business-to-business (B2B), business-to-customer (B2C), and consumer-to-consumer (C2C) models and are combined with various value-added services to enhance delivery experience for the user. In comparison to courier and parcel services, express deliveries are usually time-bound through which various high-value consignments are delivered in a few days or at a pre-agreed date and time.
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Pivotal factors driving the growth of the market include the development of the e-commerce industry, a rise in trade-related agreements, and an increase in demand for the fast delivery of packages. The market growth is also driven by the developing countries owing to the increase in international trade across regions, and the rise in internet-based services. Additionally, technological advancements, including the utilization of digital technologies with crowd-sourced delivery models, are creating a positive outlook for the market. For instance, in June 2022, DHL Parcel UK announced a new partnership with ZigZag, the technology platform specializing in e-commerce returns. ZigZag’s network of over 100 retailers, including Selfridges, GAP, and Superdry, will now have access to DHL’s Just Right Returns service, a fast, convenient, and high-quality returns solution.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Domestic Courier, Express, and Parcel Market by Business
- B2B (Business-to-Business)
- B2C (Business-to-Consumer)
- C2C (Consumer-to-Consumer)
Global Domestic Courier, Express, and Parcel Market by End-User
- BFSI
- Wholesale and Retail Trade
- Construction and Utilities
- Industrial Manufacturing
- Construction and Utilities
- Government
Global Domestic Courier, Express, and Parcel Market by Mode of Transportation
- Railways
- Airways
- Roadways
- Waterways
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- A1 Express Delivery Service, INC.
- Allied Express Transport
- Aramex Group
- Associated Couriers, LLC
- BDP INTERNATIONAL INC.
- BHF Couriers
- DTDC Express Ltd.
- Freightways
- One World Express Express Inc.
- Poste Italiane
- Qantas Airways Ltd.
- Royal Mail Group Ltd.
- SG Holdings Co., Ltd.
- Singapore Post Ltd.
- TCIEXPRESS Ltd.
- Yamato Transport Co., Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global domestic courier, express, and parcel market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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