For the delivery of packages and documents to a variety of customers, including retail customers, governmental organisations, and business customers Courier Express and Parcel (CEP) is used. Express delivery is a time-bound delivery in which a package is delivered in no more than two days. In contrast, the term “courier” refers to a person or business that delivers mail, packages, and messages. Utilizing these services has advantages such as safe package delivery, affordable service, and capability of package tracking system. The entire supply chain is being redesigned by technology, which is also revolutionising the sector. By streamlining the delivery of goods, the courier and delivery industry is expanding the market for online shopping.
The global e-commerce industry has revolutionised business practises, and traditional brick and mortar stores are now selling products online and offering quicker shipping. New consumer shopping habits have been developing in business-to-consumer (B2C), and following COVID-19, the majority of consumers who do not currently shop online are also placing orders for goods online. It has become clear that customers who shop online don’t care who delivers their goods as long as they do so efficiently, reasonably, and consistently. Drone-assisted product delivery has recently been introduced by Amazon and DHL to hard-to-reach locations and remote regions. The majority of consumers anticipate free delivery and are willing to pay more for express delivery and expensive goods. Thus, growing e-commerce
The term “courier, express, and parcel” (CEP) refers to a group of services that include the transport of different goods and products over land, air, or water. The non-palletized, 100-pound total weight of the packages delivered by CEP is typical. In order to improve the user’s delivery experience, these services frequently combine different value-added services with business-to-business (B2B), business-to-customer (B2C), and customer-to-customer (C2C) models of operation. Express deliveries, as opposed to courier and parcel services, are typically time-bound, enabling a variety of high-value consignments to be delivered in a few days or at a pre-arranged date and time.
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Key players in the global Courier Express and Parcel
A1 Express Delivery Service Inc .
FedEx Corp.
One World Express Inc. Ltd.
United Parcel Service Inc
BDP International Inc.
Deutsche Post DHL Group
Blue Dart Express Ltd.
SF Express Co. Ltd.
Aramex International LLC
Allied Express Transport
on the basis of types, the Courier, Express, and Parcel market
B2B
B2C
C2C
on the basis of applications, the Courier, Express, and Parcel market
Services (BFSI (Banking, Financial Services and Insurance))
Wholesale and Retail Trade (E-commerce)
Manufacturing, Construction, and Utilities
Primary Industries (Agriculture, and Other Natural Resources)
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered
North America
United States
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific
China
Japan
South Korea
Australia
India
South America
Brazil
Argentina
Columbia
Middle East and Africa
UAE
Egypt
South Africa
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Key Questions Answered in This Report
1. What was the size of the global courier, express and parcel market in 2021?
2. What is the expected growth rate of the global courier, express and parcel market during 2022- 2027?
3. What are the key factors driving the global courier, express and parcel market?
4. What has been the impact of COVID-19 on the global courier, express and parcel market?
5. What is the breakup of the global courier, express and parcel market based on the service type?
6. What is the breakup of the global courier, express and parcel market based on the destination?
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