Market Share of China Domestic Courier, Express, and Parcel (CEP) Industry
The Chinese domestic CEP market is fragmented, with a mix of global and local players, which makes the sector highly competitive. Some of the key players in the market include China Post, SF Express, YTO Express, etc. The market has also seen the entrance of new players, with logistics startups like J&T Express, Hivebox, and Lalamove. The local companies are facing high competition from multinational companies that have a comparatively well-developed infrastructure. China's CEP market witnessed some acquisitions and disinvestments in 2021. Delivery and parcel companies are investing in technologies like parcel tracking and click-and-collect systems to gain an edge and scale their services in the country.
China Domestic Courier, Express & Parcel Market Leaders
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China Post
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SF Express
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YTO Express Group Co. Ltd
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Deppon Logistics Co. Ltd
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STO Express Co. Ltd
*Disclaimer: Major Players sorted in no particular order
