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China Courier, Express, and Parcel (CEP) Market Size

The China Courier, Express, and Parcel (CEP) market is experiencing significant growth, driven primarily by the expansion of e-commerce. The market's scale is expected to increase as more retail sales shift online, with a substantial rise in e-commerce users anticipated. This growth is further supported by the increasing demand for domestic and international delivery services, which has been bolstered by the post-pandemic surge in cross-border e-commerce. The rapid development of China's express delivery sector, particularly through strategic initiatives by companies to enhance shipping efficiency, underscores the dynamic nature of the market.

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Market Size of china courier, express, and parcel (cep) Industry

China Courier, Express, and Parcel (CEP) Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 131.84 Billion
svg icon Market Size (2030) USD 201.81 Billion
svg icon Largest Share by Destination Domestic
svg icon CAGR (2024 - 2030) 7.35 %
svg icon Fastest Growing by Destination International
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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China Courier, Express, and Parcel (CEP) Market Analysis

The China Courier, Express, and Parcel (CEP) Market size is estimated at 131.84 billion USD in 2024, and is expected to reach 201.81 billion USD by 2030, growing at a CAGR of 7.35% during the forecast period (2024-2030).

131.84 Billion

Market Size in 2024 (USD)

201.81 Billion

Market Size in 2030 (USD)

6.05 %

CAGR (2017-2023)

7.35 %

CAGR (2024-2030)

Fastest Growing Market by Speed of Delivery

7.74 %

Projected CAGR, Express, 2024-2030

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Express delivery companies have stimulated economic microcirculation and set new growth avenues by developing new technologies, establishing networks, and expanding their services.

Fastest Growing Market by Model

9.56 %

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

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E-commerce purchases of goods like electronics, fashion, and toys drive growth, wherein leading players dominate the B2C segment.

Largest Market by Shipment Weight

59.30 %

value share, Light Weight Shipments, 2023

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Delivery demand generated from online shopping of groceries, pharmaceutical products, and fashion goods is mainly driving the segment's growth.

Largest Market by End User Industry

35.46 %

value share, E-Commerce, 2023

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In 2022, approximately 27.2% of total retail sales in China were made online due to the steady increase in industry-driven demand for online consumption.

First Leading Market Player

18.74 %

market share, China Post, 2022

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China Post provides postal express delivery and logistics services in all the major provinces within China. Its international express service reaches over 200 countries and regions in the world.

Increase in international parcel delivery services owing to cross-border e-commerce

  • The value and volume of the domestic and international courier, express, and parcel delivery segments is largely driven by e-commerce, wherein 27.2% of retail sales were made online in 2022. The value of the CEP market is further expected to rise as e-commerce users are expected to reach 1.33 billion by 2027.
  • There were around 16,681 courier businesses operating in the country in 2021. Historically, the domestic value of CEP delivery in China grew at a CAGR of 4.55% from 2017-2021. China's express delivery industry has grown exponentially over the past decade, largely driven by the rapid growth of online retail. Many companies are adopting different strategies to increase CEP volumes. For instance, since September 2023, Shein is sending more low-priced apparel and home goods to U.S. warehouses from China to speed up shipping times for shoppers
  • 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, parcel shipped increased exponentially. As a result, air cargo flights and the volume of domestic and international CEPs handled at airports also increased. For instance, at Shanghai Pudong International Airport, there were 17,800 inbound and outgoing cargo flights as of Q3 2022, up by around 6.6% over the same period in 2021. Between January and July of 2022, the Hangzhou Xiaoshan International Airport handled 478,000 tons of air cargo, including 78,300 tons in the international and Hong Kong, Macao, and Taiwan sectors. The amount of air cargo is further expected to rise in 2023 due to the growing domestic and cross-border e-commerce, as e-commerce user penetration is expected to reach 76.8% in 2023.
China Courier, Express, and Parcel (CEP) Market

China 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.

  • The value and volume of the domestic and international courier, express, and parcel delivery segments is largely driven by e-commerce, wherein 27.2% of retail sales were made online in 2022. The value of the CEP market is further expected to rise as e-commerce users are expected to reach 1.33 billion by 2027.
  • There were around 16,681 courier businesses operating in the country in 2021. Historically, the domestic value of CEP delivery in China grew at a CAGR of 4.55% from 2017-2021. China's express delivery industry has grown exponentially over the past decade, largely driven by the rapid growth of online retail. Many companies are adopting different strategies to increase CEP volumes. For instance, since September 2023, Shein is sending more low-priced apparel and home goods to U.S. warehouses from China to speed up shipping times for shoppers
  • 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, parcel shipped increased exponentially. As a result, air cargo flights and the volume of domestic and international CEPs handled at airports also increased. For instance, at Shanghai Pudong International Airport, there were 17,800 inbound and outgoing cargo flights as of Q3 2022, up by around 6.6% over the same period in 2021. Between January and July of 2022, the Hangzhou Xiaoshan International Airport handled 478,000 tons of air cargo, including 78,300 tons in the international and Hong Kong, Macao, and Taiwan sectors. The amount of air cargo is further expected to rise in 2023 due to the growing domestic and cross-border e-commerce, as e-commerce user penetration is expected to reach 76.8% in 2023.
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
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China Courier, Express, and Parcel (CEP) Market Size Summary

The China Courier, Express, and Parcel (CEP) market is experiencing significant growth, driven primarily by the booming e-commerce sector. The market's expansion is supported by the increasing volume of domestic and international deliveries, with a substantial portion of retail sales occurring online. The rapid growth of online retail has propelled China's express delivery industry, with companies adopting various strategies to enhance CEP volumes. The market is further bolstered by the government's substantial investment in logistics, which has doubled the market value, making China the world's largest logistics market. This growth is intricately linked to the surge in domestic and cross-border e-commerce activities, with policies aimed at improving logistics efficiency and eliminating transportation bottlenecks.

The CEP market in China is moderately consolidated, with major players like China Post, SF Express, STO Express, YTO Express, and ZTO Express dominating the landscape. Innovations such as AI-driven delivery solutions and partnerships with technology firms are shaping the future of logistics in the country. Despite challenges like fluctuating fuel prices and a decline in transportation and storage sector growth, the market remains resilient. The government's focus on enhancing transportation and logistics infrastructure, along with strategic financial support, aims to maintain economic stability and support the burgeoning e-commerce logistics sector.

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China Courier, Express, and Parcel (CEP) 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 Destination

      1. 1.1.1 Domestic

      2. 1.1.2 International

    2. 1.2 Speed Of Delivery

      1. 1.2.1 Express

      2. 1.2.2 Non-Express

    3. 1.3 Model

      1. 1.3.1 Business-to-Business (B2B)

      2. 1.3.2 Business-to-Consumer (B2C)

      3. 1.3.3 Consumer-to-Consumer (C2C)

    4. 1.4 Shipment Weight

      1. 1.4.1 Heavy Weight Shipments

      2. 1.4.2 Light Weight Shipments

      3. 1.4.3 Medium Weight Shipments

    5. 1.5 Mode Of Transport

      1. 1.5.1 Air

      2. 1.5.2 Road

      3. 1.5.3 Others

    6. 1.6 End User Industry

      1. 1.6.1 E-Commerce

      2. 1.6.2 Financial Services (BFSI)

      3. 1.6.3 Healthcare

      4. 1.6.4 Manufacturing

      5. 1.6.5 Primary Industry

      6. 1.6.6 Wholesale and Retail Trade (Offline)

      7. 1.6.7 Others

China Courier, Express, and Parcel (CEP) Market Size FAQs

The China Courier, Express, and Parcel (CEP) Market size is expected to reach USD 131.84 billion in 2024 and grow at a CAGR of 7.35% to reach USD 201.81 billion by 2030.

In 2024, the China Courier, Express, and Parcel (CEP) Market size is expected to reach USD 131.84 billion.

China CEP Market Report Snapshots

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