The global domestic courier, express, and parcel market is anticipated to grow at a CAGR of 6.3% during the forecast period. E-commerce is a virtual store where goods and services do not need any physical space and are sold through websites. Although the e-commerce industry utilizes courier, express, and parcel services to manage and oversee the supply chain of e-commerce companies. Moreover, easy availability, convenient shopping experiences, and heavy discounts, offers, and deals make e-commerce a popular medium for purchasing various products. These factors have collectively contributed to the growth of the market for e-commerce services. Furthermore, rising cross-border trade channels have boosted international trade and B2C shipment adoption, especially in developing nations. For instance, in June 2022, Aramex PJSC acquired Access USA Shipping LLC (MyUS), a technology-driven platform enabling cross-border e-commerce, for a cash purchase price of $265.0 million.
With the rise in the demand for e-commerce, there has been a proportional increase in demand for parcel delivery. To cater to the growing demand for the courier, express, and parcel services, logistics vendors are integrating LMD models with their offerings to provide regular delivery, same-day delivery, instant delivery, and other value-added services. The last-mile delivery model comprises postal mail run, crowd shipping, courier delivery, and courier delivery to lockers. Such an increasing adoption will propel the domestic courier, express, and parcel market growth during the forecast period.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- Business
- End User
- Mode of Transportation
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including Deutsche Post DHL Group, FedEx Corp, S.F. Express Co., Ltd., United Parcel Service of America, Inc., and others.
Domestic Courier, Express, and Parcel Market Report Segment
By Business
- B2B (Business-to-Business)
- B2C (Business-to-Consumer)
- C2C (Consumer-to-Consumer)
By End-User
- BFSI
- Wholesale and Retail Trade
- Healthcare
- Industrial Manufacturing
- Construction and Utilities
- Government
By Mode of Transportation
- Railways
Airways
- Roadways
- Waterways
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Domestic Courier, Express, and Parcel Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- A1 Express Delivery Service, INC.
- Allied Express Transport
- Aramex Group
- Associated Couriers, LLC
- BDP INTERNATIONAL INC.
- BHF Couriers
- DTDC Express Ltd.
- Freightways
- One World Express Express Inc.
- Poste Italiane
- Qantas Airways Ltd.
- Royal Mail Group Ltd.
- SG Holdings Co., Ltd.
- Singapore Post Ltd.
- TCIEXPRESS Ltd.
- Yamato Transport Co., Ltd.
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