PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1500721
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1500721
India Courier, Express and Parcel Market, By Business; By Destination; By End User; By Mode of Transport; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Courier, Express and Parcel (CEP) Market Size Expands at CAGR of More Than 7% to Touch USD 14 Billion and 5.2 Billion Units by 2030
India Courier, Express and Parcel (CEP) Market is flourishing due to thriving e-commerce sector, globalization of trade, a heightened focus on business-to-business (B2B) efficiency, and rapid urbanization and population growth.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Courier, Express and Parcel (CEP) Market size by value at USD 7.86 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Courier, Express and Parcel (CEP) Market size to expand at a CAGR of 7.25% reaching a value of USD 13.94 billion by 2030. Courier, Express and Parcel (CEP) market in India is propelled by the increasing urbanization, e-commerce boom, and rising technological innovations. The COVID-19 pandemic highlighted India's importance for domestic and international shipments. GST implementation has streamlined logistics by unifying indirect taxes, enhancing product movement.
By volume, BlueWeave estimated the India Courier, Express and Parcel (CEP) Market size at 4.4 billion units in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Courier, Express and Parcel (CEP) Market size by volume is projected to grow at a CAGR of 7.09% reaching the volume of 5.2 billion units by 2030. Continuous e-commerce growth and the high cost of infrastructure are prompting more collaborations within the industry. Also, the rising demand for efficient last-mile delivery solutions is driving companies to adopt innovative approaches to stay competitive.
Opportunities - Increasing investments in infrastructure development
Efficient logistics is crucial for economic growth, encompassing transportation, inventory management, and warehousing. In India, the sector remains largely unorganized, except for express logistics, railways, and inland waterways. The CEP market, valued at USD 5 billion, is driven by B2B and B2C shipments, with GST streamlining operations by consolidating indirect taxes. Maintaining service quality while managing costs is challenging, prompting more collaborations and consolidation. The Chinese logistics sector's consolidation over the past decade serves as a model for India. With high infrastructure costs, the Indian CEP market is expected to witness significant mergers and acquisitions, enhancing efficiency and market share.
Advancements in technology
Technological advancements significantly influence India Logistics Sector. The adoption of technology has improved service offerings and efficiency. In China, platforms like Cainiao Smart Logistics Network have revolutionized logistics by integrating resources and enhancing efficiency. India must invest in automation of transshipment, sorting, and fulfillment centers to meet growing demand. Such investments will reduce manual interventions and improve operational efficiency. With rising competition and pricing pressure, leveraging technology is critical for maintaining profitability. The need for skilled human resources further underscores the importance of technological innovation in the logistics sector.
Impact of Escalating Geopolitical Tensions on India Courier, Express and Parcel (CEP) Market
Geopolitical tensions can have a multifaceted impact on the India Courier, Express and Parcel (CEP) Market. Heightened political unrest and conflicts can disrupt transportation routes, delay deliveries, and increase security risks for shipments. Companies may face challenges in navigating unstable regions, leading to higher operational costs and logistical complexities. Additionally, trade restrictions or sanctions resulting from geopolitical tensions can hinder cross-border trade, limiting market access and impacting overall business profitability. As a result, uncertainty and volatility in geopolitical relations pose considerable challenges for the CEP market in India, necessitating strategic risk management and adaptation strategies.
India Courier, Express and Parcel (CEP) Market
Segmental Coverage
India Courier, Express and Parcel (CEP) Market - By Destination
Based on destination, the India Courier, Express and Parcel (CEP) Market is split into Domestic and International segments. The domestic segment holds a higher share in the India Courier, Express and Parcel (CEP) Market by destination. The dominance stems from the country's vast geographical spread and high population density, necessitating extensive domestic logistics operations. Additionally, the burgeoning domestic e-commerce sector has fueled demand for parcel deliveries within India. Improved infrastructure and connectivity networks further contribute to the appeal of the domestic CEP market segment compared to international destinations.
Competitive Landscape
The India Courier, Express and Parcel (CEP) Market is fragmented, with numerous players serving the market. The key players dominating the India Courier, Express and Parcel (CEP) Market include Blue Dart Express Limited, DHL Express India, Delhivery Private Limited, FedEx Express, Ecom Express Private Limited, DTDC Express Limited, Gati, Safexpress Private Limited, Instakart Services Private Limited, and Xpressbees Logistics Private Limited. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Courier, Express and Parcel (CEP) Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Courier, Express and Parcel (CEP) Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Courier, Express and Parcel (CEP) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. E-commerce Boom
- 3.2.1.2. Globalization of Trade
- 3.2.1.3. Business-to-Business (B2B) Efficiency
- 3.2.1.4. Urbanization and Population Growth
- 3.2.2. Restraints
- 3.2.2.1. Rising Fuel Prices
- 3.2.2.2. Regulatory Hurdles
- 3.2.3. Opportunity
- 3.2.3.1. Investment in Infrastructure
- 3.2.3.2. Advancement in Technology
- 3.2.4. Challenges
- 3.2.4.1. Environmental Concerns
- 3.2.4.2. Last-Mile Delivery Challenges
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Courier, Express and Parcel (CEP) Market: Marketing Strategies
5. India Courier, Express and Parcel (CEP) Market: Pricing Analysis
6. India Courier, Express and Parcel (CEP) Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Business
- 6.2.1.1. B2B
- 6.2.1.2. B2C
- 6.2.1.3. C2C
- 6.2.2. By Destination
- 6.2.2.1. Domestic
- 6.2.2.2. International
- 6.2.3. By End User
- 6.2.3.1. Services
- 6.2.3.2. Wholesale & Retail
- 6.2.3.3. Manufacturing
- 6.2.3.4. Construction and Utilities
- 6.2.3.5. Primary Industries
- 6.2.4. By Mode of Transport
- 6.2.4.1. Railways
- 6.2.4.2. Airways
- 6.2.4.3. Roadways
- 6.2.4.4. Waterways
- 6.2.5. By Region
- 6.2.5.1. North India
- 6.2.5.2. South India
- 6.2.5.3. East India
- 6.2.5.4. West India
- 6.2.1. By Business
7. North India Courier, Express and Parcel (CEP) Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Business
- 7.2.2. By Destination
- 7.2.3. By End User
- 7.2.4. By Mode of Transport
8. South India Courier, Express and Parcel (CEP) Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Business
- 8.2.2. By Destination
- 8.2.3. By End User
- 8.2.4. By Mode of Transport
9. East India Courier, Express and Parcel (CEP) Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Business
- 9.2.2. By Destination
- 9.2.3. By End User
- 9.2.4. By Mode of Transport
10. West India Courier, Express and Parcel (CEP) Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Business
- 10.2.2. By Destination
- 10.2.3. By End User
- 10.2.4. By Mode of Transport
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. India Courier, Express and Parcel (CEP) Company Market Share Analysis, 2023
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of Geopolitical Tensions on India Courier, Express and Parcel (CEP) Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 13.1. Blue Dart Express Limited
- 13.2. DHL Express India
- 13.3. Delhivery Private Limited
- 13.4. FedEx Express
- 13.5. Ecom Express Private Limited
- 13.6. DTDC Express Limited
- 13.7. Gati
- 13.8. Safexpress Private Limited
- 13.9. Instakart Services Private Limited
- 13.10. Xpressbees Logistics Private Limited
- 13.11. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Country
- 15.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List Of Figures
- Figure 1 India Courier, Express and Parcel (CEP) Segmentation
- Figure 2 India Courier, Express and Parcel (CEP) Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Figure 5 India Courier, Express and Parcel (CEP) Market Share, By Business, By Value, 2019-2030
- Figure 6 India Courier, Express and Parcel (CEP) Market Share, By Destination, By Value, 2019-2030
- Figure 7 India Courier, Express and Parcel (CEP) Market Share, By End User, By Value, 2019-2030
- Figure 8 India Courier, Express and Parcel (CEP) Market Share, By Mode of Transport, By Value, 2019-2030
- Figure 9 North India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Figure 10 North India Courier, Express and Parcel (CEP) Market Share, By Business, By Value, 2019-2030
- Figure 11 North India Courier, Express and Parcel (CEP) Market Share, By Destination, By Value, 2019-2030
- Figure 12 North India Courier, Express and Parcel (CEP) Market Share, By End User, By Value, 2019-2030
- Figure 13 North India Courier, Express and Parcel (CEP) Market Share, By Mode of Transport, By Value, 2019-2030
- Figure 14 South India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Figure 15 South India Courier, Express and Parcel (CEP) Market Share, By Business, By Value, 2019-2030
- Figure 16 South India Courier, Express and Parcel (CEP) Market Share, By Destination, By Value, 2019-2030
- Figure 17 South India Courier, Express and Parcel (CEP) Market Share, By End User, By Value, 2019-2030
- Figure 18 South India Courier, Express and Parcel (CEP) Market Share, By Mode of Transport, By Value, 2019-2030
- Figure 19 East India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Figure 20 East India Courier, Express and Parcel (CEP) Market Share, By Business, By Value, 2019-2030
- Figure 21 East India Courier, Express and Parcel (CEP) Market Share, By Destination, By Value, 2019-2030
- Figure 22 East India Courier, Express and Parcel (CEP) Market Share, By End User, By Value, 2019-2030
- Figure 23 East India Courier, Express and Parcel (CEP) Market Share, By Mode of Transport, By Value, 2019-2030
- Figure 24 West India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Figure 25 West India Courier, Express and Parcel (CEP) Market Share, By Business, By Value, 2019-2030
- Figure 26 West India Courier, Express and Parcel (CEP) Market Share, By Destination, By Value, 2019-2030
- Figure 27 West India Courier, Express and Parcel (CEP) Market Share, By End User, By Value, 2019-2030
- Figure 28 West India Courier, Express and Parcel (CEP) Market Share, By Mode of Transport, By Value, 2019-2030
List of Tables
- Table 1 India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Courier, Express and Parcel (CEP) Market Size, By Business, By Value, 2019-2030
- Table 3 India Courier, Express and Parcel (CEP) Market Size, By Destination, By Value, 2019-2030
- Table 4 India Courier, Express and Parcel (CEP) Market Size, By End User, By Value, 2019-2030
- Table 5 India Courier, Express and Parcel (CEP) Market Size, By Mode of Transport, By Value, 2019-2030
- Table 6 North India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Table 7 North India Courier, Express and Parcel (CEP) Market Size, By Business, By Value, 2019-2030
- Table 8 North India Courier, Express and Parcel (CEP) Market Size, By Destination, By Value, 2019-2030
- Table 9 North India Courier, Express and Parcel (CEP) Market Size, By End User, By Value, 2019-2030
- Table 10 North India Courier, Express and Parcel (CEP) Market Size, By Mode of Transport, By Value, 2019-2030
- Table 11 South India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Table 12 South India Courier, Express and Parcel (CEP) Market Size, By Business, By Value, 2019-2030
- Table 13 South India Courier, Express and Parcel (CEP) Market Size, By Destination, By Value, 2019-2030
- Table 14 South India Courier, Express and Parcel (CEP) Market Size, By End User, By Value, 2019-2030
- Table 15 South India Courier, Express and Parcel (CEP) Market Size, By Mode of Transport, By Value, 2019-2030
- Table 16 East India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Table 17 East India Courier, Express and Parcel (CEP) Market Size, By Business, By Value, 2019-2030
- Table 18 East India Courier, Express and Parcel (CEP) Market Size, By Destination, By Value, 2019-2030
- Table 19 East India Courier, Express and Parcel (CEP) Market Size, By End User, By Value, 2019-2030
- Table 20 East India Courier, Express and Parcel (CEP) Market Size, By Mode of Transport, By Value, 2019-2030
- Table 21 West India Courier, Express and Parcel (CEP) Market Size, By Value (USD Billion), 2019-2030
- Table 22 West India Courier, Express and Parcel (CEP) Market Size, By Business, By Value, 2019-2030
- Table 23 West India Courier, Express and Parcel (CEP) Market Size, By Destination, By Value, 2019-2030
- Table 24 West India Courier, Express and Parcel (CEP) Market Size, By End User, By Value, 2019-2030
- Table 25 West India Courier, Express and Parcel (CEP) Market Size, By Mode of Transport, By Value, 2019-2030
- Table 26 Blue Dart Express Limited Company Overview
- Table 27 Blue Dart Express Limited Financial Overview
- Table 28 DHL Express India Company Overview
- Table 29 DHL Express India Financial Overview
- Table 30 Delhivery Private Limited Company Overview
- Table 31 Delhivery Private Limited Financial Overview
- Table 32 FedEx Express Company Overview
- Table 33 FedEx Express Financial Overview
- Table 34 Ecom Express Private Limited Company Overview
- Table 35 Ecom Express Private Limited Financial Overview
- Table 36 DTDC Express Limited Company Overview
- Table 37 DTDC Express Limited Financial Overview
- Table 38 Gati Company Overview
- Table 39 Gati Financial Overview
- Table 40 Safexpress Private Limited Company Overview
- Table 41 Safexpress Private Limited Financial Overview
- Table 42 Instakart Services Private Limited Company Overview
- Table 43 Instakart Services Private Limited Financial Overview
- Table 44 Xpressbees Logistics Private Limited Company Overview
- Table 45 Xpressbees Logistics Private Limited Financial Overview
