PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279760
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279760
The global Express Delivery Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Express Delivery is the fastest form of delivery that involves shipping of several products and goods. It includes various mediums such as water, land, and air. It provides shipment services anywhere within 24 to 72 hours. It uses both the B2B and B2C models. Personal and business items such as letters, documents, merchandise, consumer goods, and other non-palletized goods fall into this category. Several express delivery companies also provide value-added services like packaging, labelling, billing, payment collection, return, and exchange. The Express Delivery market is expanding because of factors such as the rising-commerce industry and growth across international trade services.
According to UNCTAD in 2021, the worldwide e-commerce market rose to around USD 26.7 trillion in 2019 with a rise of around 4 % from 2018 owing to rising online sales. In 2020, the Republic of Korea will hold a commanding 25.9% of the market. Additionally, Australia, Canada, China, Singapore, the United Kingdom, and the United States have respective retail sales or online market shares of about 9.4%, 6.2%, 24.9%, 11.7%, 23.3%, and 14%. Whereas rising technological advancement in delivery services and emergence of last-mile deliveries with advanced delivery vehicles create lucrative opportunities for the market. However, lack of infrastructure hampers market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Express Delivery Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing growth across e-commerce industry, rising growth across international trade services. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing technological advancement across delivery services, emergence of last-mile deliveries in the forecast period.
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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable