Asia Pacific Courier, Express, and Parcel (CEP) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The Asia Pacific Courier, Express, and Parcel (CEP) Market is segmented by Destination (Domestic, International), by Speed Of Delivery (Express, Non-Express), by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by Mode Of Transport (Air, Road, Others), by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Thailand, Vietnam). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

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Asia Pacific Courier, Express, and Parcel (CEP) Market Size

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Asia Pacific Courier, Express, and Parcel (CEP) Market Summary
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Icons Lable Value
svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 225.82 Billion
svg icon Market Size (2030) USD 337.54 Billion
svg icon Largest Share by Destination Domestic
svg icon CAGR (2024 - 2030) 6.93 %
svg icon Largest Share by Country China
svg icon Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Asia Pacific Courier, Express, and Parcel (CEP) Market Analysis

The Asia Pacific Courier, Express, and Parcel (CEP) Market size is estimated at 225.82 billion USD in 2024, and is expected to reach 337.54 billion USD by 2030, growing at a CAGR of 6.93% during the forecast period (2024-2030).

225.82 Billion

Market Size in 2024 (USD)

337.54 Billion

Market Size in 2030 (USD)

5.72 %

CAGR (2017-2023)

6.93 %

CAGR (2024-2030)

Fastest Growing Market by Speed of Delivery

7.63 %

Projected CAGR, Express, 2024-2030

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Leading e-commerce and CEP market players are developing technologically advanced facilities to facilitate a strong express delivery supply chain.

Fastest Growing Market by Model

9.05 %

Projected CAGR, Business-to-Consumer (B2C), 2024-2030

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Various expansions and collaborations exclusive to the B2C segment are aimed to ensure smooth logistics operations for merchants and enhance the overall customer shopping experience.

Largest Market by Shipment Weight

59.32 %

value share, Light Weight Shipments, 2023

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The delivery demand for groceries and pharmaceutical products and the emergence of quick commerce in the region are the major growth drivers of the segment.

Largest Market by End User Industry

34.61 %

value share, E-Commerce, 2023

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Technologies like cloud computing, smartphone apps, and social networking have increased the demand for delivery services, thus boosting the growth of e-commerce logistics.

First Leading Market Player

11.52 %

market share, SF Express (KEX-SF), 2022

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SF Express provides international express services in 20 major Asia-Pacific countries. It also offers parcel pickup and delivery services across major locations within Asia-Pacific.

Rising international trade largely owing to cross-border e-commerce boosts the market's growth

  • The manufacturing sector is the major demand generator of the CEP market. In 2020, 15 jurisdictions, including Australia, China, Japan, New Zealand, and the Republic of Korea, signed the Regional Comprehensive Economic Partnership (RCEP) with the Association of Southeast Asian Nations, making it the world’s largest free trade agreement, which came into force in 2022. Other aspects, such as rapid urbanization and significant growth in the e-commerce sector, drive the CEP market growth, wherein users in Asia are expected to touch 3.1 billion by 2025. India and Pakistan are also expected to witness significant growth in e-commerce in the projected period, which would boost the CEP market.
  • China dominates the Asia-Pacific courier market, owing to factors such as the presence of many courier service suppliers and providers and the increasing growth of import and export activities. Around 16,681 courier businesses were operating in the country in 2021. These showcase the presence of foreign courier companies that had started gathering a larger market share during the historic period. In addition, In 2021, China's cross-border e-commerce import and export scale increased by 18.6% YoY as demand in various regions and countries rose post-pandemic. During the Double 11 shopping festival in 2021, a total of 696 million parcels were shipped, an increase of 18.2% over the previous year.
  • E-commerce is one of the major factors driving the market growth for CEP. The fashion segment in Asia generated the largest revenue in the e-commerce market at over USD 356 billion. The revenue from the fashion segment is further projected to touch USD 582 billion by 2024, owing to increasing demand and a rise in e-commerce, which is expected to drive the CEP market demand significantly.
Asia Pacific Courier, Express, and Parcel (CEP) Market

Indian logistics companies target 2.5 billion DTC shipments by 2030 due to booming e-commerce

  • China the world's largest construction market, is projected to grow at an average annual rate of 8.6% during 2022-2030. In 2022, the construction sector accounted for over 6.5% of the country's GDP. The output value of the construction sector increased by 6.05% in 2022 compared to the previous year, reaching CNY 31.2 trillion (USD 4.53 billion). The top construction companies in China based on revenue are China Railway Construction Corporation Limited, China State Construction Engineering, and China Dalian International Economic and Technical Cooperation Group, with revenues of USD 147.27 billion, and USD 273 billion.
  • By 2030, modern logistics companies are expected to be responsible for delivering 2.5 billion shipments directly to consumers (D2C). In 2022, the e-commerce market generated a total revenue of USD 60.73 billion, experiencing a YoY growth of 3.62%. Among the e-commerce players in India, Amazon.com holds the largest market share, accounting for 48%, with a total revenue of USD 5.56 billion in 2022. Flipkart ranks as the second-largest e-commerce company, generating a total revenue of USD 6.175 billion in 2022.
  • The global medical courier service market is projected to reach a value of USD 7.1 billion by 2027, with a CAGR of 5.5% during 2022-2027. Asia-Pacific contributes over 25% to this market. Australia recently introduced a delivery app called Medmate, which offers a home delivery service for prescription medicine. Medmate has partnered with on-demand delivery company DoorDash, allowing for the safe delivery of prescription medicine within an hour of electronically presenting the prescription in most metropolitan areas of Australia.

Asia Pacific Courier, Express, and Parcel (CEP) Market Trends

Asia-Pacific's Plan Aims to Tackle Soaring Freight Demand, Anticipates Tripled Transport Needs by 2050

  • The region's new Regional Action Programme (RAP) addresses issues like increasing freight and passenger volumes and reflecting the rising demand for freight transport and mobility. Two-thirds of global seaborne trade is concentrated in the Asia-Pacific region, which is also home to nine of the world's busiest container ports. The region is responsible for more than 40% of the global surface freight transport flows, and by 2050, the region's demand for freight transport is projected to triple.
  • Full-year new logistics supply for Asia-Pacific is expected to reach 167 million sq. ft in 2022, 58% higher than the previous three-year average. The logistics and warehousing sector is undergoing significant changes with increased mergers and acquisitions. Both innovation and sustainability are key factors for the sector, where shorter turnaround times and efficiency in operations are in demand. In 2021, the Suez Canal blockage and new waves of COVID-19 infections constrained manufacturing capacity in India, Thailand, Vietnam, and Indonesia.
  • International freight transport remained largely operational throughout the pandemic as countries implemented policy measures to preserve freight transport connectivity to support supply chains. The Asian Highway, Trans-Asian Railway, and dry port networks established under ESCAP auspices serve as the backbone for the region's land transport infrastructure connectivity and logistics. They are also increasingly integrated with inter-regional transport corridors and port and shipping networks. In 2020 and 2021, these links brought countries together to capture and analyze their responses to the pandemic and the impacts of those actions on regional connectivity.
Asia Pacific Courier, Express, and Parcel (CEP) Market

Crude oil prices are soaring in the Asian economies owing to global uncertainties

  • Crude oil reached USD 130 per barrel in March 2022, its highest level since 2008, before retreating to USD 100 per barrel in April of the same year. The factors behind the rise include protracted low investment in global oil production, a decline in the global inventory, and a rise in the demand related to economic recovery from the COVID-19 pandemic. Though the overall economic impact has been modest in Asia-Pacific, the situation can change quickly, subject to the magnitude and duration of oil price increases. Crude oil prices may overshoot, like many commodity and financial prices.
  • Due to a strong economic recovery in Asia, oil prices surpassed USD 80 in November 2021, more than double the price in 2020. The price may increase further due to global geopolitical uncertainties and tight supply conditions. Reaching USD 200 is not so farfetched considering that the historic high of USD 140 oil in 2008 translates to over USD 180 in current dollars. Higher oil prices are often economically damaging for net oil importers, impacting real income and hurting growth. Most regional economies are net oil importers except for a few oil exporters, such as Brunei, Malaysia, and Vietnam.
  • For the short term, the region must prioritize the rising oil prices and global interest rates and maintain a stable macroeconomic environment of low inflation and prudent fiscal balances. The average price of gasoline around the world remains at USD 116.94 per liter. The price of petrol stands at USD 1.16 per liter in India, USD 0.93 per liter in China, and USD 1.002 per liter in Pakistan. The differences in prices across countries are due to the various taxes and subsidies for gasoline.
Asia Pacific Courier, Express, and Parcel (CEP) Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • India and China among the leading nations to boost agriculture, fishing, and forestry as economic drivers in APAC
  • Record high increases witnessed largely owing to supply chain disruptions amid increasing demand
  • The GVA of the manufacturing industry in the region grew by over 5% YoY in 2022
  • Asia Pacific economies are registering huge growth in LNG imports, driven by scarce domestic production
  • Oil and gas & wholesale and retail trade sectors are the fastest-growing sectors contributing to economic growth in APAC countries
  • China is the leading e-commerce market, accounting for over 50% of all retail e-commerce sales worldwide
  • Asia Pacific economies are striving toward robust export growth by 2030, driven by government initiatives to boost trade
  • Asia-Pacific Investing in Transportation Infrastructure to Boost its Connectivity and Business Opportunity

Asia Pacific Courier, Express, and Parcel (CEP) Industry Overview

The Asia Pacific Courier, Express, and Parcel (CEP) Market is fragmented, with the top five companies occupying 33.73%. The major players in this market are China Post, DHL Group, SF Express (KEX-SF), Yamato Holdings and YTO Express (sorted alphabetically).

Asia Pacific Courier, Express, and Parcel (CEP) Market Leaders

  1. China Post

  2. DHL Group

  3. SF Express (KEX-SF)

  4. Yamato Holdings

  5. YTO Express

Asia Pacific Courier, Express, and Parcel (CEP) Market Concentration

Other important companies include Blue Dart Express, CJ Logistics Corporation, DTDC Express Limited, FedEx, JWD Group, SG Holdings Co., Ltd., Toll Group, United Parcel Service of America, Inc. (UPS), ZTO Express.

*Disclaimer: Major Players sorted in alphabetical order.

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Asia Pacific Courier, Express, and Parcel (CEP) Market News

  • June 2023: China Post launched its first integrated indoor and outdoor “Robot Plus” AI delivery solution in China. The intelligent delivery solution relies on a combination of unmanned vehicles outdoors and robots indoors, constructing an integrated indoor and outdoor unmanned distribution mode and developing a last-mile logistics network with AI transport capacity sharing.
  • April 2023: China Post and the Automobile Consumption Financial Center of Ping An Bank Co. Ltd launched an intelligent archives service center in Guangdong to promote the service integration of auto finance and express and logistics businesses.
  • March 2023: Colowide MD Co. Ltd, which oversees merchandising for the Colowide Group, and Yamato Transport Co. Ltd entered an agreement. The two companies will promote the visualization and optimization of the entire supply chain of Colowide Group, which operates multiple brands such as Gyu-Kaku, Kappa Sushi, and OOTOYA.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export-import trends, logistics performance among other key indicators.

Asia Pacific Courier, Express, and Parcel (CEP) Market
Asia Pacific Courier, Express, and Parcel (CEP) Market
Asia Pacific Courier, Express, and Parcel (CEP) Market
Asia Pacific Courier, Express, and Parcel (CEP) Market
Asia Pacific Courier, Express, and Parcel (CEP) Market
Asia Pacific Courier, Express, and Parcel (CEP) Market
Asia Pacific Courier, Express, and Parcel (CEP) Market
Asia Pacific Courier, Express, and Parcel (CEP) Market

Asia Pacific Courier, Express, and Parcel (CEP) Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Demographics

    2. 2.2. GDP Distribution By Economic Activity

    3. 2.3. GDP Growth By Economic Activity

    4. 2.4. Inflation

    5. 2.5. Economic Performance And Profile

      1. 2.5.1. Trends in E-Commerce Industry

      2. 2.5.2. Trends in Manufacturing Industry

    6. 2.6. Transport And Storage Sector GDP

    7. 2.7. Export Trends

    8. 2.8. Import Trends

    9. 2.9. Fuel Price

    10. 2.10. Logistics Performance

    11. 2.11. Infrastructure

    12. 2.12. Regulatory Framework

      1. 2.12.1. Australia

      2. 2.12.2. China

      3. 2.12.3. India

      4. 2.12.4. Indonesia

      5. 2.12.5. Japan

      6. 2.12.6. Malaysia

      7. 2.12.7. Pakistan

      8. 2.12.8. Philippines

      9. 2.12.9. Thailand

      10. 2.12.10. Vietnam

    13. 2.13. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes Market Value in USD, Forecasts up to 2030 and analysis of growth prospects)

    1. 3.1. Destination

      1. 3.1.1. Domestic

      2. 3.1.2. International

    2. 3.2. Speed Of Delivery

      1. 3.2.1. Express

      2. 3.2.2. Non-Express

    3. 3.3. Model

      1. 3.3.1. Business-to-Business (B2B)

      2. 3.3.2. Business-to-Consumer (B2C)

      3. 3.3.3. Consumer-to-Consumer (C2C)

    4. 3.4. Shipment Weight

      1. 3.4.1. Heavy Weight Shipments

      2. 3.4.2. Light Weight Shipments

      3. 3.4.3. Medium Weight Shipments

    5. 3.5. Mode Of Transport

      1. 3.5.1. Air

      2. 3.5.2. Road

      3. 3.5.3. Others

    6. 3.6. End User Industry

      1. 3.6.1. E-Commerce

      2. 3.6.2. Financial Services (BFSI)

      3. 3.6.3. Healthcare

      4. 3.6.4. Manufacturing

      5. 3.6.5. Primary Industry

      6. 3.6.6. Wholesale and Retail Trade (Offline)

      7. 3.6.7. Others

    7. 3.7. Country

      1. 3.7.1. Australia

      2. 3.7.2. China

      3. 3.7.3. India

      4. 3.7.4. Indonesia

      5. 3.7.5. Japan

      6. 3.7.6. Malaysia

      7. 3.7.7. Pakistan

      8. 3.7.8. Philippines

      9. 3.7.9. Thailand

      10. 3.7.10. Vietnam

      11. 3.7.11. Rest of Asia Pacific

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Blue Dart Express

      2. 4.4.2. China Post

      3. 4.4.3. CJ Logistics Corporation

      4. 4.4.4. DHL Group

      5. 4.4.5. DTDC Express Limited

      6. 4.4.6. FedEx

      7. 4.4.7. JWD Group

      8. 4.4.8. SF Express (KEX-SF)

      9. 4.4.9. SG Holdings Co., Ltd.

      10. 4.4.10. Toll Group

      11. 4.4.11. United Parcel Service of America, Inc. (UPS)

      12. 4.4.12. Yamato Holdings

      13. 4.4.13. YTO Express

      14. 4.4.14. ZTO Express

  7. 5. KEY STRATEGIC QUESTIONS FOR CEP CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

      5. 6.1.5. Technological Advancements

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. POPULATION DISTRIBUTION BY GENDER, COUNT, ASIA PACIFIC, 2017 - 2030
  1. Figure 2:  
  2. POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, ASIA PACIFIC, 2017 - 2030
  1. Figure 3:  
  2. POPULATION DENSITY, POPULATION/SQ. KM, ASIA PACIFIC, 2017 - 2030
  1. Figure 4:  
  2. GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, ASIA PACIFIC, 2017 - 2022
  1. Figure 5:  
  2. FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), ASIA PACIFIC, 2017 - 2022
  1. Figure 6:  
  2. POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, ASIA PACIFIC, 2022
  1. Figure 7:  
  2. DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, ASIA PACIFIC, 2022
  1. Figure 8:  
  2. GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, ASIA PACIFIC, 2017 – 2022
  1. Figure 9:  
  2. WHOLESALE PRICE INFLATION RATE, %, ASIA PACIFIC, 2017 - 2022
  1. Figure 10:  
  2. CONSUMER PRICE INFLATION RATE, %, ASIA PACIFIC, 2017 - 2022
  1. Figure 11:  
  2. GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, ASIA PACIFIC, 2017 - 2027
  1. Figure 12:  
  2. SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, ASIA PACIFIC, 2022
  1. Figure 13:  
  2. GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, ASIA PACIFIC, 2017 - 2022
  1. Figure 14:  
  2. SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, ASIA PACIFIC, 2022
  1. Figure 15:  
  2. VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, ASIA PACIFIC, 2017 – 2022
  1. Figure 16:  
  2. TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, ASIA PACIFIC, 2022
  1. Figure 17:  
  2. VALUE OF EXPORTS, USD, ASIA PACIFIC, 2017 - 2022
  1. Figure 18:  
  2. VALUE OF IMPORTS, USD, ASIA PACIFIC, 2017 - 2022
  1. Figure 19:  
  2. FUEL PRICE BY TYPE OF FUEL, USD/LITER, ASIA PACIFIC, 2017 - 2022
  1. Figure 20:  
  2. RANK OF LOGISTICS PERFORMANCE, RANK, ASIA PACIFIC, 2010 - 2023
  1. Figure 21:  
  2. LENGTH OF ROADS, KM, ASIA PACIFIC, 2017 - 2022
  1. Figure 22:  
  2. SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, ASIA PACIFIC, 2022
  1. Figure 23:  
  2. SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, ASIA PACIFIC, 2022
  1. Figure 24:  
  2. RAIL LENGTH, KM, ASIA PACIFIC, 2017 - 2022
  1. Figure 25:  
  2. CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), ASIA PACIFIC, 2022
  1. Figure 26:  
  2. CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, ASIA PACIFIC, 2022
  1. Figure 27:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 28:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 29:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, NUMBER OF PARCELS, ASIA PACIFIC 2017 - 2030
  1. Figure 30:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, USD, ASIA PACIFIC 2017 - 2030
  1. Figure 31:  
  2. VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 32:  
  2. VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 33:  
  2. VOLUME OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF SHIPMENTS, ASIA PACIFIC, 2017 - 2030
  1. Figure 34:  
  2. VALUE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 35:  
  2. VALUE SHARE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 36:  
  2. VOLUME OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 37:  
  2. VALUE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 38:  
  2. VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 39:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, NUMBER OF PARCELS, ASIA PACIFIC 2017 - 2030
  1. Figure 40:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, USD, ASIA PACIFIC 2017 - 2030
  1. Figure 41:  
  2. VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 42:  
  2. VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 43:  
  2. VOLUME OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 44:  
  2. VALUE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 45:  
  2. VALUE SHARE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 46:  
  2. VOLUME OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 47:  
  2. VALUE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 48:  
  2. VALUE SHARE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 49:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, NUMBER OF PARCELS, ASIA PACIFIC 2017 - 2030
  1. Figure 50:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, USD, ASIA PACIFIC 2017 - 2030
  1. Figure 51:  
  2. VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 52:  
  2. VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 53:  
  2. VOLUME OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 54:  
  2. VALUE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 55:  
  2. VALUE SHARE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 56:  
  2. VOLUME OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 57:  
  2. VALUE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 58:  
  2. VALUE SHARE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 59:  
  2. VOLUME OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 60:  
  2. VALUE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 61:  
  2. VALUE SHARE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 62:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, NUMBER OF PARCELS, ASIA PACIFIC 2017 - 2030
  1. Figure 63:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, USD, ASIA PACIFIC 2017 - 2030
  1. Figure 64:  
  2. VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 65:  
  2. VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 66:  
  2. VOLUME OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 67:  
  2. VALUE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 68:  
  2. VALUE SHARE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 69:  
  2. VOLUME OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 70:  
  2. VALUE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 71:  
  2. VALUE SHARE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 72:  
  2. VOLUME OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 73:  
  2. VALUE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 74:  
  2. VALUE SHARE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 75:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, NUMBER OF PARCELS, ASIA PACIFIC 2017 - 2030
  1. Figure 76:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, USD, ASIA PACIFIC 2017 - 2030
  1. Figure 77:  
  2. VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 78:  
  2. VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 79:  
  2. VOLUME OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 80:  
  2. VALUE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 81:  
  2. VALUE SHARE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 82:  
  2. VOLUME OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 83:  
  2. VALUE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 84:  
  2. VALUE SHARE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 85:  
  2. VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 86:  
  2. VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 87:  
  2. VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 88:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, NUMBER OF PARCELS, ASIA PACIFIC 2017 - 2030
  1. Figure 89:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, USD, ASIA PACIFIC 2017 - 2030
  1. Figure 90:  
  2. VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 91:  
  2. VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 92:  
  2. VOLUME OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 93:  
  2. VALUE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 94:  
  2. VALUE SHARE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 95:  
  2. VOLUME OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 96:  
  2. VALUE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 97:  
  2. VALUE SHARE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 98:  
  2. VOLUME OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 99:  
  2. VALUE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 100:  
  2. VALUE SHARE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 101:  
  2. VOLUME OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 102:  
  2. VALUE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 103:  
  2. VALUE SHARE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 104:  
  2. VOLUME OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 105:  
  2. VALUE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 106:  
  2. VALUE SHARE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 107:  
  2. VOLUME OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 108:  
  2. VALUE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 109:  
  2. VALUE SHARE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 110:  
  2. VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, ASIA PACIFIC, 2017 - 2030
  1. Figure 111:  
  2. VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, ASIA PACIFIC, 2017 - 2030
  1. Figure 112:  
  2. VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, ASIA PACIFIC, 2022 VS 2030
  1. Figure 113:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, NUMBER OF PARCELS, ASIA PACIFIC 2017 - 2030
  1. Figure 114:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, USD, ASIA PACIFIC 2017 - 2030
  1. Figure 115:  
  2. VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 116:  
  2. VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, %, ASIA PACIFIC, 2017 - 2030
  1. Figure 117:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, AUSTRALIA, 2017 - 2030
  1. Figure 118:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, AUSTRALIA, 2017 - 2030
  1. Figure 119:  
  2. VALUE SHARE OF AUSTRALIA COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, AUSTRALIA, 2022 VS 2030
  1. Figure 120:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, CHINA, 2017 - 2030
  1. Figure 121:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, CHINA, 2017 - 2030
  1. Figure 122:  
  2. VALUE SHARE OF CHINA COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, CHINA, 2022 VS 2030
  1. Figure 123:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, INDIA, 2017 - 2030
  1. Figure 124:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, INDIA, 2017 - 2030
  1. Figure 125:  
  2. VALUE SHARE OF INDIA COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, INDIA, 2022 VS 2030
  1. Figure 126:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, INDONESIA, 2017 - 2030
  1. Figure 127:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, INDONESIA, 2017 - 2030
  1. Figure 128:  
  2. VALUE SHARE OF INDONESIA COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, INDONESIA, 2022 VS 2030
  1. Figure 129:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, JAPAN, 2017 - 2030
  1. Figure 130:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, JAPAN, 2017 - 2030
  1. Figure 131:  
  2. VALUE SHARE OF JAPAN COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, JAPAN, 2022 VS 2030
  1. Figure 132:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, MALAYSIA, 2017 - 2030
  1. Figure 133:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, MALAYSIA, 2017 - 2030
  1. Figure 134:  
  2. VALUE SHARE OF MALAYSIA COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, MALAYSIA, 2022 VS 2030
  1. Figure 135:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, PAKISTAN, 2017 - 2030
  1. Figure 136:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, PAKISTAN, 2017 - 2030
  1. Figure 137:  
  2. VALUE SHARE OF PAKISTAN COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, PAKISTAN, 2022 VS 2030
  1. Figure 138:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, PHILIPPINES, 2017 - 2030
  1. Figure 139:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, PHILIPPINES, 2017 - 2030
  1. Figure 140:  
  2. VALUE SHARE OF PHILIPPINES COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, PHILIPPINES, 2022 VS 2030
  1. Figure 141:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, THAILAND, 2017 - 2030
  1. Figure 142:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, THAILAND, 2017 - 2030
  1. Figure 143:  
  2. VALUE SHARE OF THAILAND COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, THAILAND, 2022 VS 2030
  1. Figure 144:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, VIETNAM, 2017 - 2030
  1. Figure 145:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, VIETNAM, 2017 - 2030
  1. Figure 146:  
  2. VALUE SHARE OF VIETNAM COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, VIETNAM, 2022 VS 2030
  1. Figure 147:  
  2. VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, REST OF ASIA PACIFIC, 2017 - 2030
  1. Figure 148:  
  2. VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, REST OF ASIA PACIFIC, 2017 - 2030
  1. Figure 149:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASIA PACIFIC, 2022
  1. Figure 150:  
  2. MOST ADOPTED STRATEGIES, COUNT, ASIA PACIFIC, 2022
  1. Figure 151:  
  2. VALUE SHARE OF MAJOR PLAYERS, %, ASIA PACIFIC 2022

Asia Pacific Courier, Express, and Parcel (CEP) Industry Segmentation

Domestic, International are covered as segments by Destination. Express, Non-Express are covered as segments by Speed Of Delivery. Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C) are covered as segments by Model. Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. Air, Road, Others are covered as segments by Mode Of Transport. E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others are covered as segments by End User Industry. Australia, China, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Thailand, Vietnam are covered as segments by Country.

  • The manufacturing sector is the major demand generator of the CEP market. In 2020, 15 jurisdictions, including Australia, China, Japan, New Zealand, and the Republic of Korea, signed the Regional Comprehensive Economic Partnership (RCEP) with the Association of Southeast Asian Nations, making it the world’s largest free trade agreement, which came into force in 2022. Other aspects, such as rapid urbanization and significant growth in the e-commerce sector, drive the CEP market growth, wherein users in Asia are expected to touch 3.1 billion by 2025. India and Pakistan are also expected to witness significant growth in e-commerce in the projected period, which would boost the CEP market.
  • China dominates the Asia-Pacific courier market, owing to factors such as the presence of many courier service suppliers and providers and the increasing growth of import and export activities. Around 16,681 courier businesses were operating in the country in 2021. These showcase the presence of foreign courier companies that had started gathering a larger market share during the historic period. In addition, In 2021, China's cross-border e-commerce import and export scale increased by 18.6% YoY as demand in various regions and countries rose post-pandemic. During the Double 11 shopping festival in 2021, a total of 696 million parcels were shipped, an increase of 18.2% over the previous year.
  • E-commerce is one of the major factors driving the market growth for CEP. The fashion segment in Asia generated the largest revenue in the e-commerce market at over USD 356 billion. The revenue from the fashion segment is further projected to touch USD 582 billion by 2024, owing to increasing demand and a rise in e-commerce, which is expected to drive the CEP market demand significantly.
Destination
Domestic
International
Speed Of Delivery
Express
Non-Express
Model
Business-to-Business (B2B)
Business-to-Consumer (B2C)
Consumer-to-Consumer (C2C)
Shipment Weight
Heavy Weight Shipments
Light Weight Shipments
Medium Weight Shipments
Mode Of Transport
Air
Road
Others
End User Industry
E-Commerce
Financial Services (BFSI)
Healthcare
Manufacturing
Primary Industry
Wholesale and Retail Trade (Offline)
Others
Country
Australia
China
India
Indonesia
Japan
Malaysia
Pakistan
Philippines
Thailand
Vietnam
Rest of Asia Pacific
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Market Definition

  • Courier, Express, and Parcel - The Courier, Express, and Parcel services, often called as CEP Market, refers to the logistics and postal service providers which specialize in moving small goods (parcels/packages). It captures the overall market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express), (4) domestic as well as international shipments.
  • Demographics - To analyse total addressable market demand, population growth & forecasts have been studied and presented in this industry trend. It represents population distribution across categories like gender (male/female), development area (urban/rural), major cities among other key parameters like population density and final consumption expenditure (growth and share % of GDP). This data has been used for assessing the fluctations in demand & consumption expenditure, and the major hotspots (cities) of potential demand.
  • Domestic Courier Market - Domestic Courier Market refers to the CEP shipments wherein the origin and destination is within the boundary of the geography studied (country or region as per the scope of report). It captures the market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, including light weight shipments, medium weight shipments and heavy weight shipments (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express).
  • E-Commerce - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the e-tailers, through online sales channel, on Courier, Express, and Parcel (CEP) services. The scope includes (i) the supply chain of a company's online customer orders being fulfilled, (ii) the process of getting a product from the point of manufacturing to the point at which it is delivered to consumers. It involves managing inventory (deferred as well as time critical), shipping, and distribution.
  • Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
  • Financial Services (BFSI) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the BFSI players, on Courier, Express, and Parcel (CEP) services. CEP is important to the financial services industry in shipping of confidential documents and files. The establishments in this sector are engaged in (i) financial transactions (that is, transactions involving the creation, liquidation, or change in ownership of financial assets) or in facilitating financial transactions, (ii) financial intermediation, (iii) the pooling of risk by underwriting annuities and insurance, (iv) providing specialized services that facilitate or support financial intermediation, insurance and employee benefit programs, and (v) monetary control - the monetary authorities.
  • Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
  • GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
  • GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
  • Healthcare - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Healthcare players (Hospitals, clinics, mrdical centres) , on Courier, Express, and Parcel (CEP) services. The scope includes CEP services involved in the defrerred as well time critical movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment). The establishments in this sector (i) include the ones providing medical care exclusively (ii) deliver services by trained professionals (iii) involve processes, including labor inputs of health practitioners with the requisite expertise (iv) are defined based on the educational degree held by the practitioners included in the industry.
  • Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
  • Infrastructure - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), rail length, volume of containers handled by major ports and tonnage handled by major airports have been analysed and presented in this industry trend.
  • International Express Service Market - International Express Service Market refers to the CEP shipments wherein the origin or destination is not within the boundary of the geography studied (country or region as per the scope of report). It captures the market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, including light weight shipments, medium weight shipments and heavy weight shipments (ii) Inter-Region as well as Intra-Region Shipments
  • Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
  • Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
  • Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
  • Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry (including Hi-Tech/Technology) players, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
  • Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the construction, real estate, educational services, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D), on Courier, Express, and Parcel (CEP) services. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of time critical supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files.
  • Primary Industry - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF (Agriculture, Fishing, and Forestry) and Extraction indsutry (Oil &Gas, Quarrying and Mining) players, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments (i) primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities; (ii) that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Herein, Logistics Service Providers (LSPs) (i) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers; (ii) cover entire phases from upstream to downstream and play a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
  • Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
  • Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the courier, express, and parcel (CEP) market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
  • Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size. Hence, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
  • Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
  • Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
  • Wholesale and Retail Trade (Offline) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers, through offline sales channel, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
Keyword Definition
Axle Load The axle load refers to the total load (weight) bearing on the roadway through wheels connected to a given axle. Across the globe, there are systems in place to ensure axle load monitoring, wherein surpassing the defined limits set by the concerned regulatory authority can lead to penalty/fine. For transportation of goods via road this can be an important determinant of costs as knowledge about the axle load limits can be used to (i) load the vehicle optimally for maximizing profits (ii) avoid exceeding the same and hence the probable fines associated (iii) avoid wear and tear of the vehicle (iv) avoid damage to pavement resulting in noticeable public maintenance and repair costs (v) achieve better turnaround time.
Back Haul Backhaul is the return movement of a transport vehicle from its original destination to its original point of departure, and can include full, partial, or empty truck loads (all or part of the way) depending on the visibility of the local freight ecosystem. In this regard, transportation of empty containers to the point of origin, known as deadheading is also a significant factor, considering the supply/container shortages across the geographies, resulting in cost escalation and under optimized profit potential attainment. Generally, the carriers offer discounts on the backhaul, to secure freight for the trip.
Bill of Lading (BOL) A bill of lading is a legal contract document issued by a carrier to a shipper to acknowledge reception of their cargo, and is evidence for the contract of carriage between the two parties. Broadly it details the (i) type, quantity, and other specifications of the goods being carried (ii) destination, and terms & conditions of the shipment (iii) carrier and drivers with all the necessary information to process the shipment, which can be used for insurance and customs clearance purposes (iv) assurance that the consignment is damage-free and ready to be shipped to the consignee. In this regard, a house bill of lading (HBL) is a document issued by a freight forwarder or a non-vessel operating common carrier (NVOCC) to acknowledge receipt of items for shipment (to a shipper). If shipments from several shippers are involved a master bill of lading (MBL) might be involved which is a consolidated version of the same for all the shipments being taken care of by the carrier (to a common destination) and might be issued by the carrier to the freight forwarder or the shipper (depending on who books the transport).
Bunkering Bunkering is the process of supplying fuel to power the propulsion system of a ship. It includes the logistics of loading and distributing the fuel among available shipboard tanks. In this regard, (i) Bunker fuel is technically any type of fuel oil used aboard ships. It gets its name from the containers on ships and in ports that it is stored in; in the days of steam they were coal bunkers but now they are bunker-fuel tanks, (ii) Bunker refers to the spaces (Tank) on board a vessel to store fuel, (iii) Bunker trader refers to a person dealing in trade of bunker (fuel), (iv) Bunker call is made when a cargo ship anchors or berths in a port to take on bunker oil or supplies, (v) Bunkering service is the supply of a requested quality and quantity of bunkers to a ship. Bunkering is signficant from point of view of freight rates applicable to the shipper as Bunker Contribution (BUC)/ Fuel Adjustment Factor (FAF)/ Bunker Adjustment Factor (BAF) are applied by shipping lines to offset the effect of fluctuations in the cost of bunkers.
Cabotage Transport by a vehicle registered in a country, performed on the national territory of another country. Cabotage law may restrict domestic cargo traffic to be carried in its own nationally registered, and sometimes built and crewed vehicles, though regulations vary across industries/commodity groups/countries and sometimes specify maximum allowable percentage of cabotage that can be serviced by foreign registered fleet.
C-commerce Collaborative commerce (also known as C-commerce), (i) describes electronically enabled business interactions among an enterprise’s internal personnel, business partners and customers throughout a trading community (industry, industry segment, supply chain or supply chain segment); (ii) is the optimization of supply and distribution channels to capitalize on the global economy by using new technology efficiently. Advantages of C-commerce, to detail few include (i) maximization of organization's efficiency and profitability (ii) technology integration with physical channels to allow companies to work together (iii) increased information exchange such as inventory and product specifications, using the web as an intermediary (iv) increased competitiveness by reaching a broader audience. Examples of C-commerce, also known as peer-to-peer commerce, include (i) companies that allow consumers to rent things from each other, or marketplaces, such as Meta (formerly Facebook) Marketplace, that allow the sale of used goods; (ii) DoorDash teamed up with many national brands, such as McDonald’s and Chipotle, to offer fast food delivery, building their business model on c-commerce. They have since expanded their delivery service from restaurants to retailers and even offer 'fleets' of drivers to businesses.
Courier A business/company that delivers packages/parcels/shipments (upto 70 kgs) including quick door to door pickup and delivery service for goods or documents, domestically or internationally, on a commercial contract basis. Example, DHL Group, FedEx, United Parcel Service of America, Inc., USPS, International Distributions Services, J&T Express, SF Express among several others
Cross docking Cross docking is a practice in logistics management that includes unloading incoming delivery vehicles and loading the materials directly into outbound delivery vehicles, omitting traditional warehouse logistical practices and saving time and money. It requires close synchronization of both inbound and outbound movements. It is highly significant in reduction of costs pertaining to warehousing & storage (and the associated Value Added Services).
Cross Trade International transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and the country of unloading/disembarkation. Cross Trade law may restrict international cargo traffic to be carried by respective country's registered vehicles, and sometimes built and crewed vehicles, though regulations vary across industries/commodity groups/countries and sometimes specify maximum allowable percentage of cross trade that can be serviced by foreign registered fleet.
Customs Clearance The process of declaring and clearing cargoes through customs. It includes the procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo. In this regard, a customs broker is a person or company licensed by the respective department of the country to act on behalf of freight importers and exporters.
Dangerous Goods Dangerous goods (or hazardous materials or HAZMAT) include flammable liquids/solids, gases (compressed, liquified, dissolved under pressure), corrosives, oxidising substances, explosive substances and articles, substances which on contact with water emit flammable gasses, organic peroxides, toxic substances, infectious substances, radioactive materials, miscellaneous dangerous goods and articles.
First mile Delivery First mile delivery refers to the (i) first stage of the freight/shipment/cargo/courier transportation (ii) the transportation of goods from a merchant’s premises or warehouse to the next fulfillment centre/warehouse/hub from where the goods are forwarded (iii) shipping goods from local distribution centers to stores (For retailers) (iv) transportation of finished goods from a plant or a factory to a distribution center (For manufacturers), (v) pick up of goods from the end-customer’s home or store followed by movement to a warehouse or storage location (movers and packers), (vi) process where goods are picked up from a retailer and then transferred to third-party logistics providers or courier service providers to be delivered to the end-consumer (e-commerce). Once the package reaches the next warehouse or the courier’s hub, it is then sorted and transported further until it reaches the customer’s doorstep. Example, if one chooses UPS as a courier, first-mile delivery will be the product being delivered from manufacturer's/retailer's warehouse to the UPS’s warehouse/ fulfilment centre.
Last Mile Delivery Last mile delivery refers to the very last step of the delivery process when a parcel is moved from a transportation hub (warehouse or a distribution center or fulfillment centre) to its final destination, which usually is a personal residence/retail store/ business, or parcel locker. It accounts for around half of the total cost involved in entire process of first mile, middle mile, and last mile delivery, though it can vary shipment to shipment, based on commodity, business model and similar factors.
Milkrun A Milk Run is a delivery method used to transport mixed loads from various suppliers to one customer, using lean management principles applied to logistics. Instead of each supplier sending a truck every week to meet the needs of one customer, one truck (or vehicle) visits the suppliers to pick up the loads for that customer. This method of transport got its name from the dairy industry practice, where one tanker used to collect milk from several dairy farms for delivery to a milk processing company. A milk run can be a more efficient way to handle logistics but require proper planning. If the route involves products from different companies, there is need for an agreement about cost-sharing and other aspects of the cooperative delivery arrangement. Once the group settles these issues, this delivery method can save time and money for everyone by pooling operation costs and resources.
Multi country consolidation ​​Multi-Country Consolidation (MCC) is a cost-effective solution that consolidates one's cargo from different countries of origin to build Full Container Loads (FCL). MCC is most suitable for companies that import light volumes of goods from multiple countries but want to take advantage o​​f the more economic FCL freight rates. Apart from costing some of the other advantages include (i) flexibility to choose suppliers from a wider range of origin countries without worrying about the logistics to final destination from each origin, (ii) ability to pick the most suitable suppliers from many different countries for one's business operations. The increase in one's sourcing options by MCC provides the kind of flexibility needed in competitive global markets.
Q-commerce Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour. The companies providing Q-Commerce services might have vertically intergrated model or might be using third party delivery platforms (outsourced logistics). It has advantages like (i) competitve USP, (ii) potential to earn greater profit margins, (iii) better customer experience, (iv) guaranteed availability of products, (v) traceability, and (vi) scaleability.
ReverseLogistics Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers and may involve ciruclar economy principles (3Rs) viz. recycling, reuse (repurposing, reselling), reducing or repairing. In this regard, reverse commerce (or Recommerce) is the selling of previously owned items through physical or online marketplaces/distribution channels to buyers who reuse, recycle or resell them.
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  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
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Asia Pacific Courier, Express, and Parcel (CEP) Market Research FAQs

The Asia Pacific Courier, Express, and Parcel (CEP) Market size is expected to reach USD 225.82 billion in 2024 and grow at a CAGR of 6.93% to reach USD 337.54 billion by 2030.

In 2024, the Asia Pacific Courier, Express, and Parcel (CEP) Market size is expected to reach USD 225.82 billion.

China Post, DHL Group, SF Express (KEX-SF), Yamato Holdings and YTO Express are the major companies operating in the Asia Pacific Courier, Express, and Parcel (CEP) Market.

In the Asia Pacific Courier, Express, and Parcel (CEP) Market, the Domestic segment accounts for the largest share by destination.

In 2024, China accounts for the largest share by country in the Asia Pacific Courier, Express, and Parcel (CEP) Market.

In 2023, the Asia Pacific Courier, Express, and Parcel (CEP) Market size was estimated at 225.82 billion. The report covers the Asia Pacific Courier, Express, and Parcel (CEP) Market historical market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. The report also forecasts the Asia Pacific Courier, Express, and Parcel (CEP) Market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023.

APAC CEP Industry Report

Statistics for the 2023 Asia Pacific Courier, Express, and Parcel (CEP) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Courier, Express, and Parcel (CEP) analysis includes a market forecast outlook to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Asia Pacific Courier, Express, and Parcel (CEP) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030