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Asia Pacific International Express Service Market Size

The Asia Pacific International Express Service Market is experiencing significant growth, driven by the increasing importance of international express services in the e-commerce sector and the robust intra-regional trade within Asia. Despite the economic challenges posed by the pandemic, key players like India, China, and ASEAN continue to dominate intra-Asia trade, fueling market expansion. The collaboration between courier companies and e-commerce platforms is becoming more common, enhancing the delivery of international express services. Additionally, the anticipated growth in manufacturing exports, particularly from India, is expected to further boost the market's scale and scope, as the region adapts to evolving consumer demands and market dynamics.

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Market Size of asia pacific international express service Industry

Asia Pacific International Express Service Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 36.02 Billion
svg icon Market Size (2030) USD 56.64 Billion
svg icon Largest Share by End User Industry E-Commerce
svg icon CAGR (2024 - 2030) 7.84 %
svg icon Largest Share by Country China
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Asia Pacific International Express Service Market Analysis

The Asia Pacific International Express Service Market size is estimated at 36.02 billion USD in 2024, and is expected to reach 56.64 billion USD by 2030, growing at a CAGR of 7.84% during the forecast period (2024-2030).

36.02 Billion

Market Size in 2024 (USD)

56.64 Billion

Market Size in 2030 (USD)

6.70 %

CAGR (2017-2023)

7.84 %

CAGR (2024-2030)

Fastest Growing Market by End User Industry

8.95 %

Projected CAGR, E-Commerce, 2024-2030

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Cross-border e-commerce has been a major growth driver due to increased population density and urbanization, the use of smartphones, and the adoption of digitalization.

Fastest Growing Market by Shipment Weight

8.30 %

Projected CAGR, Light Weight Shipments, 2024-2030

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Leading international courier players in the region are facilitating international express deliveries to major countries globally due to the established global connectivity network.

Largest Market by Shipment Weight

58.37 %

value share, Light Weight Shipments, 2023

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Online orders for the delivery of goods like medicines and cosmetics are majorly driving the demand for delivery in the region.

Largest Market by End User Industry

42.66 %

value share, E-Commerce, 2023

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Courier companies and e-commerce players in the region are partnering to provide international express delivery services to cater to increasing demand.

First leading Market player

25.03 %

market share, China Post, 2022

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China Post provides international express services to over 200 countries in the world. It is a member of the Universal Postal Union (UPU), through which it offers express shipping services.

Intra-regional trade accounts for more than half of Asian trade and driving the growth of the market

  • The intra-regional trade now accounts for more than half of Asian trade. Some estimates put the figure as high as 60%. The value of intra-Asia trade has been consistently high compared to other regional blocs, which is driving the market. While the economic impact of the pandemic has curtailed the growth of Asian economies since the pandemic began, India, China, and ASEAN remained key players in intra-Asia trade.
  • International express services are becoming increasingly important in the e-commerce industry, as consumers expect their orders to arrive quickly and conveniently. The pandemic brought a drastic change in shopping behavior over the past few years, shifting the shopping process worldwide toward online shopping. Partnerships between courier companies and e-commerce players are becoming more common in the region to provide international express delivery services. For instance, iThink Logistics, a SaaS-based shipping platform in India, has announced the launch of its international shipping services portal.
  • India is expected to reach USD 1 trillion in manufacturing exports by 2028, which is expected to boost the manufacturing end-user segment in the coming years. Moreover, the medical device market in the region is expected to register a CAGR of 4.4% from 2022 to reach approximately USD 225 billion in 2030. The international express delivery services for healthcare products are expected to grow in the coming years in the region due to several factors, including increasing demand for medical supplies, rising healthcare spending, and the need for faster and more efficient delivery services.
Asia Pacific International Express Service Market

FedEx expands global reach with new express services connecting Asia-Pacific to 170 markets

  • The collaboration between courier companies and e-commerce players in the region is increasingly prevalent, particularly in providing international express delivery services. iThink Logistics, a SaaS-based shipping platform in India, has recently introduced its international shipping services portal. The new venture, iThink Logistics International, aims to assist thriving e-commerce businesses and D2C brands in expanding their sales to global markets. The value of international cross-border shipping from India is projected to reach approximately USD 129 billion by 2025.
  • FedEx Express, renowned for its expertise in international express deliveries, extended its services to customers in May 2023. By offering FedEx International Economy (IE) services, customers gained access to efficient shipping options connecting Asia-Pacific to 170 global markets. To further enhance the delivery experience, FedEx also reduced transit times for certain trade channels with its FedEx International Priority (IP) service. Customers can rely on IP for urgent and essential shipments, expecting delivery within one to two business days to major markets and regions worldwide.
  • The expansion can be credited to the upsurge in manufacturing exports, with India forecasted to attain USD 1 trillion in such exports by 2028. Additionally, projections indicate a surge in the manufacturing sector's contribution to India's GDP, slated to elevate from its current 15.6% to an estimated 21% by 2031. This growth trajectory aligns with India's strategic focus on its manufacturing process, which serves as a key driver in the nation's economic landscape. The anticipated increase in manufacturing exports denotes a significant leap in India's global market presence.

Asia Pacific International Express Service Industry Segmentation

Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. Inter-Region, Intra-Region are covered as segments by Route. 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 intra-regional trade now accounts for more than half of Asian trade. Some estimates put the figure as high as 60%. The value of intra-Asia trade has been consistently high compared to other regional blocs, which is driving the market. While the economic impact of the pandemic has curtailed the growth of Asian economies since the pandemic began, India, China, and ASEAN remained key players in intra-Asia trade.
  • International express services are becoming increasingly important in the e-commerce industry, as consumers expect their orders to arrive quickly and conveniently. The pandemic brought a drastic change in shopping behavior over the past few years, shifting the shopping process worldwide toward online shopping. Partnerships between courier companies and e-commerce players are becoming more common in the region to provide international express delivery services. For instance, iThink Logistics, a SaaS-based shipping platform in India, has announced the launch of its international shipping services portal.
  • India is expected to reach USD 1 trillion in manufacturing exports by 2028, which is expected to boost the manufacturing end-user segment in the coming years. Moreover, the medical device market in the region is expected to register a CAGR of 4.4% from 2022 to reach approximately USD 225 billion in 2030. The international express delivery services for healthcare products are expected to grow in the coming years in the region due to several factors, including increasing demand for medical supplies, rising healthcare spending, and the need for faster and more efficient delivery services.
Shipment Weight
Heavy Weight Shipments
Light Weight Shipments
Medium Weight Shipments
Route
Inter-Region
Intra-Region
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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Asia Pacific International Express Service Market Size Summary

The Asia Pacific International Express Service Market is poised for significant growth, driven by the increasing importance of rapid delivery services in the burgeoning e-commerce sector. The shift towards online shopping, accelerated by the pandemic, has heightened consumer expectations for quick and convenient order fulfillment. This has led to a surge in partnerships between courier companies and e-commerce platforms, facilitating international express delivery services. Key players in the region, such as iThink Logistics, are expanding their offerings to support e-commerce businesses in reaching global markets. The market's expansion is further bolstered by the robust intra-regional trade, with countries like India, China, and ASEAN playing pivotal roles. The manufacturing sector, particularly in India, is expected to contribute significantly to this growth, with projections indicating a substantial increase in manufacturing exports.

The logistics and warehousing sector in Asia Pacific is undergoing transformative changes, characterized by increased mergers and acquisitions, innovation, and a focus on sustainability. The region's strategic transport infrastructure, including the Asian Highway and Trans-Asian Railway, enhances connectivity and supports the growing demand for freight transport. Despite challenges such as the pandemic's impact on manufacturing capacity and fluctuating oil prices, the market remains resilient. The Asia Pacific International Express Service Market is moderately consolidated, with major players like China Post, DHL Group, FedEx, SF Express, and UPS dominating the landscape. These companies are continually innovating, as seen with China Post's AI-driven delivery solutions, to enhance their service offerings and maintain a competitive edge in the dynamic market environment.

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Asia Pacific International Express Service Market Size - Table of Contents

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

    1. 1.1 Shipment Weight

      1. 1.1.1 Heavy Weight Shipments

      2. 1.1.2 Light Weight Shipments

      3. 1.1.3 Medium Weight Shipments

    2. 1.2 Route

      1. 1.2.1 Inter-Region

      2. 1.2.2 Intra-Region

    3. 1.3 End User Industry

      1. 1.3.1 E-Commerce

      2. 1.3.2 Financial Services (BFSI)

      3. 1.3.3 Healthcare

      4. 1.3.4 Manufacturing

      5. 1.3.5 Primary Industry

      6. 1.3.6 Wholesale and Retail Trade (Offline)

      7. 1.3.7 Others

    4. 1.4 Country

      1. 1.4.1 Australia

      2. 1.4.2 China

      3. 1.4.3 India

      4. 1.4.4 Indonesia

      5. 1.4.5 Japan

      6. 1.4.6 Malaysia

      7. 1.4.7 Pakistan

      8. 1.4.8 Philippines

      9. 1.4.9 Thailand

      10. 1.4.10 Vietnam

      11. 1.4.11 Rest of Asia Pacific

Asia Pacific International Express Service Market Size FAQs

The Asia Pacific International Express Service Market size is expected to reach USD 36.02 billion in 2024 and grow at a CAGR of 7.84% to reach USD 56.64 billion by 2030.

In 2024, the Asia Pacific International Express Service Market size is expected to reach USD 36.02 billion.

Asia Pacific International Express Service Market Report Snapshots

Asia Pacific International Express Service Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030