Courier, Express, and Parcel Market from Diversified Support Services Industry to register USD 159.66 Bn growth – Technavio – QNT Press Release


NEW YORK, Aug. 30, 2022 /PRNewswire/ — Technavio has been monitoring the Courier, Express, and Parcel Marketoperating under the industrial industry. The latest report on the courier, express, and parcel market, 2021-2026 estimates it to register an incremental growth of USD 159.66 billionat a CAGR of 7.53% during the forecast period. The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

A1 Express Delivery Service Inc., Allied Express Transport Pty Ltd., Aramex International LLC, Associated Courier Inc., BDP International Inc., BHF Couriers Express Pty Ltd., CMA CGM Group, Coastal Courier Inc., Freightways Ltd., One World Express Inc. Ltd., Peterborough Couriers Ltd., Royal Mail Plc, SF Holding Co. Ltd., United Parcel Service Inc., and Western Peaks Logistics are among some of the major market participants. Request the Latest Free sample report.

The rise in FTAs ​​to drive investments in courier, express, and parcel markets in emerging economies has been instrumental in driving the growth of the market. However, increasing threats from sharing-based business models might hamper the market growth.

Courier, Express, and Parcel Market Segmentation

Based on geographic segmentation, 44% of the market’s originated from APAC during the forecast period. In addition, the B2B category under the consumer segment led the growth. This report provides an accurate prediction of the contribution of all the segments to the growth of the superfood powders market size.

  • Consumer
    • B2B
    • B2C
    • C2C
  • Geography
    • APAC
    • North America
    • Europe
    • Middle East And Africa
    • South America

The B2B segment’s market share growth in courier, express, and parcel services will be strong. B2B sales are anticipated to expand at a moderate rate, thanks in large part to the expansion of the e-commerce industry and the widespread use of the Internet. The B2B market is becoming more effective thanks to features like navigation, unique contract pricing, a personalized catalog, and simple and straightforward checkout procedures. During the projected period, the courier, express, and parcel markets will rise as a result of these B2B segment features. Buy Sample Report.

Courier, Express, and Parcel Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The courier, express, and parcel market report covers the following areas:

  • Courier, Express, and Parcel Market Size
  • Courier, Express, and Parcel Market Trends
  • Courier, Express, and Parcel Market Industry Analysis

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 Market growth during the next few years. Request Free Sample Report.

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Courier, Express, and Parcel Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.53%

Market growth 2022-2026

$159.66 billion

Market structure

Fragmented

YoY growth (%)

7.05

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 44%

Key consumer countries

US, Canada, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

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