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Courier, Express, and Parcel Market 2021-2025: Scope
Our courier, express, and parcel market report covers the following areas:
Courier, Express, and Parcel Market 2021-2025: Drivers & Challenges
The key factor driving growth in the courier, express, and parcel market is the rise in FTAs to drive investments in courier, express, and parcel markets in emerging economies. The courier, express, and parcel segment is one of the fast-growing segments of the logistics and transportation industry. However, it is highly influenced by changes in demographics and consumer behavior. The global courier, express, and parcel markets are mainly driven by the rise in international trade, which is spurred by the liberalization of trade conditions through FTA. The formation of the EU (European Union), NAFTA, SAFTA, EAEU, and ASEAN are also driving cross-border trade. In November 2020, India announced that it would revive talks on the possible free trade agreement (FTA) with the European Union and the US. The development of such new trade corridors and government initiatives are allowing the logistics and transportation industry across the world to reap attractive profits. In addition, vendors are engaged in merger and acquisition activities to strengthen their position in the market and capitalize on the growing trade corridors.
However, the increasing threat from sharing-based business models will be a major challenge for the courier, express, and parcel market during the forecast period. The courier, express, and parcel industry is a lucrative market; therefore, it witnesses intense competition between domestic and global players. They are competing based on technologies and offering attractive freight rates using ways such as bidding on loads. The logistics and transportation industry still have enormous potential to adopt new-age technologies such as robotics, temperature-monitoring devices, and ICT but has been too slow to adopt them. Global companies are expanding their verticals and entering the transportation industry with huge investments in technology and trained labor. This expansion is driving the digital transformation in the courier, express, and parcel industry, thus resulting in cost reduction, improving operational efficiency, and ensuring service quality assurance. This is expected to pose a threat to market growth in the coming years.
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Courier, Express, and Parcel Market 2021-2025: Segmentation Analysis
- Geography
- APAC
- North America
- Europe
- MEA
- South America
- Consumer
Courier, Express, and Parcel Market 2021-2025: Revenue Generating Segment & Regional Analysis
- The courier, express, and parcel market share growth by the B2B segment will be significant for revenue generation.
- 42% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for courier, express, and parcel in APAC. Market growth in this region will be faster than the growth of the market in other regions. The growth of the e-commerce industry and the presence of a large number of service providers will facilitate the courier, express, and parcel market growth in APAC over the forecast period.
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Courier, Express, and Parcel Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist courier, express, and parcel market growth during the next five years
- Estimation of the courier, express, and parcel market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the courier, express, and parcel market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of courier, express, and parcel market vendors
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Courier, Express, And Parcel Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
Market growth 2021-2025 |
USD 141.05 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.88 |
Performing market contribution |
APAC at 42% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
A1 Express Delivery Service Inc., Allied Express Transport Pty Ltd., Aramex International LLC, BDP International Inc., CEVA Logistics AG, Deutsche Post DHL Group, FedEx Corp., One World Express Inc. Ltd., S.F. Holding Co. Ltd., and United Parcel Service Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020-2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Consumer
- Market segments
- Comparison by Consumer
- B2B - Market size and forecast 2020-2025
- B2C - Market size and forecast 2020-2025
- C2C - Market size and forecast 2020-2025
- Impact of COVID-19 on consumer segment
- Market opportunity by Consumer
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- A1 Express Delivery Service Inc.
- Allied Express Transport Pty Ltd.
- Aramex International LLC
- BDP International Inc.
- CEVA Logistics AG
- Deutsche Post DHL Group
- FedEx Corp.
- One World Express Inc. Ltd.
- SF Holding Co. Ltd.
- United Parcel Service Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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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