Global Courier, Express, and Parcel (CEP) Market is valued approximately USD $$million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ % over the forecast period 2022-2028.
The Courier, Express, and Parcel (CEP) can be defined as a collection of services that involves the delivery of various goods and products through land, air, or waterways across various destinations. Parcel refers to the goods being sent, and Courier is the company handling the entire shipping process from collection to delivery. Whereas express defined as time bound delivery of parcels. The rising expansion of e-commerce sector and increasing utilization of digital technologies as well as Strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to India Brand Equity Forum (IBEF) – as of 2022, the Indian ecommerce market is valued at USD 74.8 billion, and the Indian e-commerce market is expected to grow to USD 350 billion by 2030. Moreover, as per U.S. Census Bureau estimates – during 1st quarter of 2021, retail e-commerce sales in USA valued at USD 196.7 billion and it further increased to USD 231.4 billion in First quarter of 2022.
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Furthermore, recent strategic initiatives from leading market players such as new service launces, and acquisitions would influence the growth of the Global Courier, Express, and Parcel (CEP) Market. For instance, in June 2021, Delivery, a fulfillment platform for digital commerce, launched a Consumer-to-Consumer (C2C) express parcel service. This service enables an individual to have a parcel picked from their doorstep and get it delivered to throughout the country.
This new service would be rolled out in over 2,500 cities in India. Moreover, in August 2021, Delivery acquired Bengaluru based Spoton Logistics to strengthen its business to business (B2B) vertical. Also, growing industrialization in emerging markets coupled with rising growth of cross border trade in post covid era are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high operational cost associated with CEP services impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Courier, Express, and Parcel (CEP) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing logistics and transportation sector and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of e-commerce sector and increasing penetration of leading parcel delivery companies in the region, would create lucrative growth prospects for the global Courier, Express, and Parcel (CEP) Market across the Asia Pacific region.
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Major market players included in this report are:
ZTO Express
FedEx
DTDC
United Parcel Service
Bring Couriers
TNT Express
Deutsche Post DHL
Aramex
SF Express
One World Express
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Business
B2B (Business-to-Business)
B2C (Business-to-Consumer)
By Destination
Domestic
International
By End User
Services
Wholesale and Retail Trade
Manufacturing
Construction
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Here is an overview of the different factual statements covered by the study:
- The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
- The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
- The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
- The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.
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