European Express Delivery Market Report 2015-2019 with Deutsche Post DHL, FedEx, TNT Express & United Parcel Service Dominating

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Jun 30, 2015, 06:47 ET

DUBLIN, June 24, 2015 /PRNewswire/ --

Research and Markets(http://www.researchandmarkets.com/research/mw7qrz/express_delivery) has announced the addition of the "Express Delivery Market in Europe 2015-2019" report to their offering.

The express delivery market in Europe to grow at a CAGR of 3.32% percent over the period 2014-2019

Express delivery services refer to delivery of parcels, documents, and letters. It is a time-bound delivery service where the shipment is delivered within two or three days depending on the requirement of the customer. The documents and parcels delivered by CEP vendors are non-palletized items and weigh less than 110 pounds. E-commerce retailers use express delivery vendors to ship goods to customers. In addition, express delivery vendors provide various value-added services to customers to further enhance the delivery process.

Express delivery service providers are adopting IT-enabled services, such as GPS tracking, online tracking, communication services, and automatic updating of records, to provide hassle-free services to customers. In addition, IT-enabled services help ensure a smooth flow of operation and remove any traditional operational issues. IT-enabled services also help increase the profitability of express delivery service providers by making their business processes faster and more accurate than manual processes.

According to the report, various e-commerce activities such as online shopping through e-retail portals are increasing the demand for express delivery services in Europe. E-commerce trade has resulted in an increase in B2C express delivery services in the market. In Europe, Western European countries account for the major share of the market, with the UK being the major revenue contributor. E-commerce companies require the services of express delivery vendors to distribute shipments to their clients, thereby driving the growth of the market.

Further, the report states that the market is fragmented with many small and medium-sized vendors with similar service offerings.

Segmentation of express delivery market in Europe by customer type:

Key Vendors