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Turkey Courier, Express, and Parcel Market Size (2024 - 2029)

The Turkey courier, express, and parcel market is experiencing growth, driven by the recovery from the COVID-19 pandemic and the adaptation to changing consumer behaviors. The Turkish government's Transport Vision 2053 program aims to enhance transportation infrastructure, which is expected to significantly impact the market size. Additionally, substantial investments by international companies in logistics and the rapid expansion of the e-commerce sector are further contributing to the market's growth trajectory.

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Market Size of Turkey Courier, Express, and Parcel Industry

Turkey’s Courier, Express and Parcel (CEP) Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR > 7.00 %
Market Concentration Low

Major Players

Turkey’s Courier, Express and Parcel (CEP) Market Major Players

*Disclaimer: Major Players sorted in no particular order

Turkey Courier Express and Parcel (CEP) Market Analysis

Turkey's courier, express, and parcel (CEP) market is expected to register a CAGR of over 7% during the forecast period.

  • The COVID-19 pandemic impacted the country's domestic and international courier express services due to restrictions and lockdowns. The industry is recovering by adjusting to the changing consumer behaviors during the pandemic. The logistic companies increased their online delivery capacities to meet the demand created during the pandemic.
  • In 2022, the Turkish government launched the Transport Vision 2053 program to bolster the development of all modes of transport in the country. Under this 30-year plan, the country will invest more than USD 197 billion in rail, road, maritime, and air transport and communications. These investments are anticipated to contribute more than USD 1 trillion to GDP and USD 1.36 trillion to production. This plan mainly focuses on increasing rail cargo transportation from 5.08% in 2023 to 21.93% in 2053.
  • Meanwhile, in January 2023, Chinese e-commerce giant Alibaba Group Holding Ltd planned to invest more than USD 1 billion in setting up a logistics hub at Istanbul Airport and a data center near the Turkish capital Ankara. In addition, the CEP market in the country is fueled by increasing e-commerce sales. In 2022, e-commerce trade volumes in the country witnessed a strong growth of 116% compared to the previous year. As per the Trade Ministry, from January to June 2022, online orders rose by 38% compared to the same period in 2021. Thus, the surging e-commerce sector is expected to drive Turkish courier, express, and parcel services.

Turkey Courier Express and Parcel (CEP) Industry Segmentation

CEP stands as an abbreviation for courier, express, and parcel services that offer logistic services in areas. The services offered differ in the speed, weight, and volume of the packages and the way of carrying out the shipment of the goods. Especially, the regulations regarding weight and volume allow for vital standardization and great potential for automating the service. The report offers a complete background analysis of the Turkish courier, express, and parcel (CEP) market, including the market overview, market size estimation for critical segments, emerging trends by segment, and market dynamics. The report also offers the impact of COVID-19 on the market.

Turkey's courier, express, and parcel (CEP) market is segmented by business (B2B (business-to-business), and B2C (business-to-consumer)), destination (domestic and international), and end-user industry (services (BFSI (banking, financial services, and insurance), etc.), wholesale and retail trade (e-commerce), life sciences/healthcare, industrial manufacturing, and other end-user industries. The report offers market size and forecast values in USD billion for all the above segments.

By Destinaion
Domestic
International
By Channel of Distribution
B2B (Business-to-Business)
B2C (Business-to-Consumer)
By End-user Industry
BFSI (Banking, Financial Services, and Insurance), etc.)
Wholesale and Retail Trade (E-commerce)
Life Sciences/Healthcare
Industrial Manufacturing
Other End-user Industries
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Turkey Courier, Express, and Parcel Market Size Summary

The Turkish courier, express, and parcel (CEP) market is poised for significant growth, driven by strategic investments and the burgeoning e-commerce sector. The government's Transport Vision 2053 program aims to transform Turkey into a logistics superpower by enhancing its transportation infrastructure, including rail, road, maritime, and air transport. This initiative is expected to bolster the country's position in the Europe-Asia-Africa trade triangle, attracting further investments. The expansion of the railway network and the development of new roadways are set to increase cargo capacity, while the establishment of logistics hubs, such as Alibaba's planned investment at Istanbul Airport, underscores the growing importance of the CEP market. The surge in e-commerce, with substantial increases in online orders, is a key driver of demand for courier and parcel services, further fueling market expansion.

Turkey's strategic geographical location and ongoing infrastructural developments are pivotal in supporting the growth of its cold chain and pharmaceutical sectors, which are closely linked to the CEP market. The country's efforts to become a global pharmaceutical hub, coupled with its robust export network, enhance the demand for cold chain logistics. The increasing trade between Europe and Asia, along with the rise in supermarkets and foodservice establishments, contributes to the short-term growth of the cold chain industry. Major players in the Turkish CEP market, such as TNT International Express, CEVA Logistik, and UPS, are navigating a competitive landscape, with recent acquisitions and strategic expansions, like DFDS's acquisition of Ekol Logistics and DHL's new flight route, further strengthening their market presence.

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Turkey Courier, Express, and Parcel Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Current Market Scenario

    2. 1.2 Insights on Technological Trends

    3. 1.3 Insights on Government Regulations

    4. 1.4 Value Chain/Supply Chain Analysis

    5. 1.5 Overview of Logistics and Warehousing Market in China

    6. 1.6 Demand from Other Segments, such as Last-mile Delivery, Cold Chain Logistics, etc.

    7. 1.7 Insights on E-commerce Business

    8. 1.8 Brief on Courier Rates

    9. 1.9 Insights on Reverse Logistics and Same-day Delivery Market

    10. 1.10 Impact of COVID-19 on the CEP Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Destinaion

      1. 2.1.1 Domestic

      2. 2.1.2 International

    2. 2.2 By Channel of Distribution

      1. 2.2.1 B2B (Business-to-Business)

      2. 2.2.2 B2C (Business-to-Consumer)

    3. 2.3 By End-user Industry

      1. 2.3.1 BFSI (Banking, Financial Services, and Insurance), etc.)

      2. 2.3.2 Wholesale and Retail Trade (E-commerce)

      3. 2.3.3 Life Sciences/Healthcare

      4. 2.3.4 Industrial Manufacturing

      5. 2.3.5 Other End-user Industries

Turkey Courier, Express, and Parcel Market Size FAQs

The Turkey Courier, Express, and Parcel Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)

TNT International Express, CEVA Logistik, UPS Hizli Kargo, DSV and DHL Worldwide Express are the major companies operating in the Turkey Courier, Express, and Parcel Market.

Turkey Courier Express and Parcel Market Report Snapshots

Turkey Courier Express and Parcel Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)