Courier, Express, and Parcel (CEP) Market By Business (B2B, B2C, C2C), By Destination (Domestic, International), By End User (Services, Wholesale and Retail, Manufacturing, Construction and Utilities, Primary Industries), By Mode of Transportation (Railways, Airways, Roadways, Waterways): Global Opportunity Analysis and Industry Forecast, 2021-2031
The report incorporates the study of the global courier, express, and parcel (CEP) market, that focuses on the delivery of parcels and documents through the land, air, and waterways across various locations. The service provider operates on various business models, such as business-to-business (B2B), customer-to-customer (C2C), and business-to-customer (B2C) and offer value-added services, including express deliveries to retail consumers, government agencies, and business customers. At present, evolution of technology is redesigning entire supply chain and reinventing the industry. Courier and delivery business is opening up new opportunities for the e-commerce market by simplifying the way products are delivered. Apart from this, the increasing utilization of advanced digital technologies by the CEP service providers, such as delivery lockers, autonomous vehicles, and drone deliveries, are bolstering the market growth. For instance, in June 2022, FedEx Corp. received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors (GM). The company plans to transform its entire parcel pickup and delivery (PUD) fleet to all-electric, zero tailpipe emissions by 2040 and comes just months after BrightDrop’s commercialization of the Zevo600 as the fastest vehicle to market in GM’s history.
Growth of e-commerce industry, advancement in trade-related agreements, and optimized demand for the fast delivery of packages supplement the growth of the courier, express, and parcel market. However, lack of proper infrastructure & increased cost of logistics and uneven control of manufacturers on logistics services are the factors that are expected to hamper the growth of the courier, express, and parcel market. In addition, technological developments in delivery services and inclusion of last-mile deliveries coupled with logistics automation create numerous opportunities for the growth of courier, express, and parcel market.
For the purpose of analysis, the global courier, express, and parcel market is segmented on the basis of business, destination, end-user, mode of transportation, and region. By business, the market is divided into B2B, B2C, and C2C. By destination, it is fragmented into domestic and international. By end-user, it is categorized into services, wholesale & retail trade, manufacturing, construction & utilities, and primary industries. By mode of transportation, it is further classified into railways, airways, roadways, and waterways. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the courier, express, and parcel market are Aramex, Deutsche Post AG, FedEx, One World Express Inc. Ltd, Poste Italiane, PostNL Holding B.V., Qantas Airways Limited, Royal Mail Group Limited, SF Express, Singapore Post Limited, United Parcel Service of America, Inc., and Yamato Transport Co., Ltd.
Key Benefits For Stakeholders
- This study presents analytical depiction of the global courier, express, and parcel market analysis along with current trends and future estimations to depict imminent investment pockets.
- The overall courier, express, and parcel market opportunity is determined by understanding profitable trends to gain a stronger foothold.
- The report presents information related to the key drivers, restraints, and opportunities of the global courier, express, and parcel market with a detailed impact analysis.
- The current courier, express, and parcel market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By End User
- Wholesale and Retail
- Construction and Utilities
- Primary Industries
By Mode of Transportation
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
- Key Market Players
- one world express inc. ltd
- Poste Italiane
- PostNL Holding B.V.
- Qantas Airways Limited
- Royal Mail Group Limited
- SF Express
- Singapore Post Limited
- United Parcel Service of America, Inc.
- Yamato Transport Co., Ltd.