Express delivery service is a quick parcel delivery service for which the customer pays a considerable amount. It is a facility for international and domestic mail. It mainly includes non-palletized packages of documents, parcels, letters, merchandise, and other consumer goods to various customers such as retail, business, and government agencies. The delivery time usually varies between 24 and 72 hours depending on destination. Express delivery services are coupled with a variety of value-added services, such as packaging, labeling, billing, payment collection, and return, to improvise the delivery experience for the user.
Factors, such as the growing e-commerce industry coupled with the rise in B2C deliveries and rapid growth in international trade services, are expected to drive the market growth. However, lack of infrastructure and higher operational costs hinder the market growth. Further, the rise in technological advancements in delivery services and the emergence of last-mile deliveries with technological advancements in delivery vehicles are some of the factors that are expected to offer lucrative opportunities for market growth. Moreover, the growth of value-added services in express delivery and rapid growth of same day delivery services are some factors trending in the Vietnam express delivery services market.
The Vietnam express delivery services market is segmented on the basis of application, end use, and destination. Based on application, it is bifurcated into B2B and B2C. By end use, it is divided into e-commerce platform, social media platform, document service, and others. On the basis of destination, it is categorized into domestics and international.
COVID-19 Impact Analysis: The outbreak of COVID-19 resulted in flight cancellations, travel bans, and quarantines, which led to the massive slowing of express delivery service activities across the world. The coronavirus pandemic is an unprecedented crisis with dramatic economic impacts on the Vietnam express delivery services industry. Although the pandemic has accelerated the decline of letters & document parcels and the growth of e-commerce parcels due to the increased number of people shopping from home. E-commerce and the daily essentials goods industry is expected to affect the express delivery service industry positively during the COVID-19 outbreak in Vietnam. As B2B express delivery services suffered and came to a halt, B2C emerged during the pandemic, owing to the rapid growth of the online retail and e-commerce industry.
GHN (Fast Delivery)
BEST Express Vietnam (BEST Inc.)
J&T Express (Vietnam)
Kerry Express (Vietnam)
Nasco Logistics JSC
Nhat Tin Logistics
Nin Sing Logistics Company Limited (Ninja Van)
KEY BENEFITS FOR STAKEHOLDERS
This study presents an analytical depiction of the Vietnam express delivery services market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall Vietnam express delivery services market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the Vietnam express delivery services market with detailed impact analysis.
The current Vietnam express delivery services market is quantitatively analyzed from 2019 to 2027 to benchmark financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By End Use
Social Media Platform
Key Topics Covered:
CHAPTER 1: INTRODUCTION 1.1. Report description 1.2. Key benefits for stakeholders 1.3. Key market segments 1.4. Research methodology
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW 3.1. Market definition and scope 3.2. Key findings 3.2.1. Top impacting factors 3.2.2. Top investment pockets 3.2.3. Top winning strategies 3.3. Porter's five forces analysis 3.4. Market share analysis (2020) 3.5. Market dynamics 3.5.1. Drivers 188.8.131.52. Growing e-commerce industry coupled with a rise in B2C deliveries 184.108.40.206. Rapid growth in international trade services 3.5.2. Restraints 220.127.116.11. Lack of infrastructure 18.104.22.168. Higher operational costs 3.5.3. Opportunities 22.214.171.124. Rise in technological advancements in delivery services 126.96.36.199. Emergence of last-mile deliveries with technological advancements in delivery vehicles 3.5.4. Trends 188.8.131.52. Growth of value-added services in express delivery 184.108.40.206. Rapid growth of same day delivery services 3.6. Impact of COVID-19 on the market 3.6.1. Evolution of outbreaks 220.127.116.11. COVID-19 3.6.2. Micro economic impact analysis 18.104.22.168. Consumer trends 22.214.171.124. Technology trends 126.96.36.199. Regulatory trends 3.6.3. Macro-economic impact analysis 188.8.131.52. GDP 184.108.40.206. Import/export analysis 220.127.116.11. Employment index 3.6.4. Impact on industry analysis 3.7. Express delivery services volume, by e-commerce platform 3.7.1. Tiki 18.104.22.168. Company overview and business insights 3.7.2. Shopee 22.214.171.124. Company overview and business insights 3.7.3. Lazada Group 126.96.36.199. Company overview and business insights 3.7.4. Sendo.vn 188.8.131.52. Company overview and business insights