What is the current Courier, Express, and Parcel (CEP) Market size?

The Courier, Express, and Parcel (CEP) Market is projected to register a CAGR of 10.64% during the forecast period (2024-2029) Read More

Who are the key players in Courier, Express, and Parcel (CEP) Market?

Deutsche Post DHL Group, United Parcel Service Inc., FedEx Corporation, SF Express (Group) Co. Ltd and Poste Italiane SpA are the major companies operating in the Courier, Express, and Parcel (CEP) Market. Read More

Which is the fastest growing region in Courier, Express, and Parcel (CEP) Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Courier, Express, and Parcel (CEP) Market?

In 2024, the Asia-Pacific accounts for the largest market share in Courier, Express, and Parcel (CEP) Market. Read More

What years does this Courier, Express, and Parcel (CEP) Market cover?

The report covers the Courier, Express, and Parcel (CEP) Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Courier, Express, and Parcel (CEP) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

How do technological advancements impact the Courier Services Market?

Technological advancements, including GPS tracking, IoT integration, and drone delivery systems, are revolutionizing the Courier Services Market by enhancing operational efficiency, improving delivery accuracy, and enabling innovative delivery methods. Read More

What factors are driving the growth of the Courier Services Market?

The factors driving the growth of the Courier Services Market are a) Growth of e-commerce and increasing demand for fast delivery b) Technological advancements such as GPS tracking and drone delivery c) The rise in international trade Read More

Courier, Express, and Parcel (CEP) Market Share

Statistics for the 2023 & 2024 Courier, Express, and Parcel (CEP) market share, created by Mordor Intelligence™ Industry Reports. Courier, Express, and Parcel (CEP) share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Courier, Express, and Parcel (CEP) Industry

The Courier, Express, and Parcel (CEP) Market is fragmented and highly competitive. DHL, FedEx, and UPS continue expanding their business across the globe to capture the market in the untapped areas. The global express and small parcels market continues to be driven forward by e-commerce. Companies are trying to grow organically or inorganically to improve their product offerings, services, and geographical reach. The international players are making strategic investments to establish a regional logistics network, such as opening new distribution centres, smart warehouses, etc. Local companies face high competition with multinational companies with comparatively well-developed infrastructure. In the regional context, domestic companies still have an edge.