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The Courier, Express, and Parcel (CEP) Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports. Industry experts and researchers have offered an authoritative and concise analysis of the Courier, Express, and Parcel (CEP) Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Courier, Express, and Parcel (CEP) Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Courier, Express, and Parcel (CEP) Market in the coming years.
The Courier, Express, and Parcel (CEP) market is projected to grow from USD 482.31 Billion in 2023 to USD 733.88 Billion by 2030; it is expected to grow at a CAGR of 6.18% from 2024 to 2030.
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Some of the key players profiled in the study are : Aramex PJSC, Deutsche Post AG, FedEx Corporation, La Poste SA, Pos Malaysia Berhad, Poste Italiane SpA., PostNL NV, Courier Express, Qantas Courier Limited, Royal Mail Group Plc, SF Express Co. Ltd., SG Holdings Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., Yamato Transport Co., Deutsche Post DHL Group, Nippon Express, Seino Transportation, Delhivery, The Courier Guy and other Prominent players.
Recent Developments:
12 October 2023 – Courier Express partnered with Penn State DuBois on endangered species series. Endangered species are organisms that are very likely to become extinct in the near future. Most causes for endangerment are human induced.
3 January 2024 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, teamed up with Gaius Automotive Inc. to introduce the commercial electric tricycle “Rapide 3” into its pick-up and delivery fleet in Taiwan. This innovative vehicle is designed to enhance service efficiency with its high load capacity, agile mobility, and extended range. The adoption of Rapide 3 underscores the FedEx commitment to more sustainable logistics solutions.
Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Courier, Express, and Parcel (CEP) Market. The major and emerging players of the Courier, Express, and Parcel (CEP) Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Courier, Express, and Parcel (CEP) market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Courier, Express, and Parcel (CEP) market
Courier, Express, and Parcel (CEP) Market by Mode of Transportation
Railways
Airways
Roadways
Waterways
Courier, Express, and Parcel (CEP) Market by Business
B2B
B2C
C2C
Courier, Express, and Parcel (CEP) Market by Destination
Domestic
International
Courier, Express, and Parcel (CEP) Market by End User
Services
Wholesale and Retail
Manufacturing
Construction and Utilities
Primary Industries
Courier, Express, and Parcel (CEP) Market Regional Analysis/Insights
In 2022, APAC is predicted to account for 40% of the increase. Due to their abundance of suppliers and increasing internet usage, APAC nations including South Korea, Japan, China, and Australia have enormous development potential. For instance, in 2022, the percentage of people using the Internet in South Korea, Japan, China, and Australia was 96%, 85%, 54%, and 87%, respectively. The regional market will also be driven by factors such as increased urbanization rates and rising disposable consumer income. One of the main things’ businesses are concentrating on that appeals to customers is quality improvements. Growing commerce is anticipated to significantly increase demand for the local courier, express, and package sector and offer enormous development opportunity for vendors, particularly in China, Thailand, and Vietnam.
One of the world’s emerging hotspots, Southeast Asia draws investors from all around the world. It is anticipated that e-commerce will expand in the area during the next several years. The increase in FMCG contract manufacturing in developing countries will have a significant effect on the expansion of package, courier, and express services within the next years. In Europe, Russia (up 11% in revenue and 9% in volume) and Turkey (up 19% in revenue and 5% in volume) are the emerging markets with the strongest relative growth, while starting from a lower base. Germany (increased 6% in revenue and volume), the UK (up 4% in revenue and 6% in volume), and France (up 4% in revenue and 5% in volume) were the best performers among mature markets.
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Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Courier, Express, and Parcel (CEP) market through the forecast period.
This factor leads to the estimation of the Courier, Express, and Parcel (CEP) market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Courier, Express, and Parcel (CEP) market that will help the stakeholders to be aware of the current investment scenario across the market.
What is new in 2024?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Courier, Express, and Parcel (CEP) market.
- Updated financial information and product portfolios of players operating in the Courier, Express, and Parcel (CEP) market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Courier, Express, and Parcel (CEP).
Customization services available with the report:
- Country level market for Courier, Express, and Parcel (CEP) market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.
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