PUBLISHER: TechNavio | PRODUCT CODE: 1502593
PUBLISHER: TechNavio | PRODUCT CODE: 1502593
The courier, express and parcel (CEP) market is forecasted to grow by USD 165 bn during 2023-2028, accelerating at a CAGR of 6.8% during the forecast period. The report on the courier, express and parcel (CEP) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in ftas to drive investments in courier, express, and parcel markets in emerging economies, growing fast-moving consumer goods (FMCG) contract manufacturing in emerging markets, and adoption of new technologies in courier, express, and parcel supply chain.
Technavio's courier, express and parcel (CEP) market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.37% |
CAGR | 6.8% |
Incremental Value | $165bn |
By Consumer
By Delivery
By Geographical Landscape
This study identifies the growing integration of last-mile delivery models with courier, express, and parcel companies as one of the prime reasons driving the courier, express and parcel (CEP) market growth during the next few years. Also, freight service integration by courier, express, and parcel service providers and growth of e-commerce startups will lead to sizable demand in the market.
The report on the courier, express and parcel (CEP) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading courier, express and parcel (CEP) market vendors that include Allied Express Transport Pty Ltd., Aramex International LLC, Canada Post Corp., Deutsche Post AG, DTDC Express Ltd., FedEx Corp., First Flight Courier Ltd., India Post, Japan Post Holdings Co. Ltd., Korea Post, La Poste, Nippon Express Holdings Inc., One World Express Inc. Ltd., Otto GmbH and Co. KG, Royal Mail Plc, SF Express Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., United States Postal Service, and Yamato Transport Co. Ltd.. Also, the courier, express and parcel (cep) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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