29 Mar, 2021, 01:30 ET
NEW YORK, March 29, 2021 /PRNewswire/ --
The courier, express, and parcel market is expected to grow by USD 141.05 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the courier, express, and parcel market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
The courier, express, and parcel market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Related Report on Industrials Include:
Global Healthcare Logistics Market - Global healthcare logistics market is segmented by product (pharmaceutical products and medical devices), service (transportation and warehousing), and geography (APAC, North America, Europe, MEA, and South America).
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Global Logistics Market - Global logistics market is segmented by end-user (consumer goods, automotive, food and beverage, healthcare, and others) and geography (APAC, North America, Europe, MEA, and South America).
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Major Three Courier, Express, And Parcel Market Participants:
A1 Express Delivery Service Inc.
A1 Express Delivery Service Inc. operates its business through the Unified segment. The company offers a variety of services such as ltl trucking, general freight, warehousing, trans-loading, and others.
Allied Express Transport Pty Ltd.
Allied Express Transport Pty Ltd. operates its business through segments such as Courier services, Taxi truck services, and Other services. The company offers courier services such as local distribution, national distribution, and others.
Aramex International LLC
Aramex International LLC operates its business through segments such as International express, Freight forwarding, Domestic express, Logistics, and Other operations. The company offers several transportation and logistic services in Middle East countries including Bahrain, Egypt, and others.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a free sample report here to get detailed market share analysis of market participants during COVID-19 lockdown:
Courier, Express, And Parcel Market 2021-2025: Segmentation
Courier, express, and parcel market is segmented as below:
- North America
- South America
The courier, express, and parcel market is driven by the rise in FTAs to drive investments in courier, express, and parcel markets in emerging economies. In addition, other factors such as the growing integration of last-mile delivery models with courier, express, and parcel companies are expected to trigger the courier, express, and parcel market toward witnessing a CAGR of over 7% during the forecast period.
Get more insights about the global trends impacting the future of courier, express, and parcel market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR41204
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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