Courier, express, and parcel (CEP) refer to a collection of services that involves the delivery of various goods and products through land, air, or waterways across locations. These services commonly operate on business-to-business (B2B), business-to-customer (B2C), and consumer-to-consumer (C2C) models and are combined with various value-added services to enhance delivery experience for the user. In comparison to courier and parcel services, express deliveries are usually time-bound through which various high-value consignments are delivered in a few days or at a pre-agreed date and time.
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Shortages of drivers in the trucking industry are expected to restrain the domestic couriers, express, and parcel market growth. The demand for domestic couriers has grown exponentially and so has the demand for truck drivers due to the rapid growth of e-commerce. However, the trucking industry is struggling to keep up with this demand. According to a report from the American Trucking Association (ATA), the trucking industry is responsible for transporting more than 70.0% of goods consumed in the US, faces a serious shortage of drivers, with a need to hire nearly 900,000 new operators over the next decade just to maintain the current workforce.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Domestic Courier, Express, and Parcel Market by Business
- B2B (Business-to-Business)
- B2C (Business-to-Consumer)
- C2C (Consumer-to-Consumer)
Global Domestic Courier, Express, and Parcel Market by End-User
- BFSI
- Wholesale and Retail Trade
- Construction and Utilities
- Industrial Manufacturing
- Construction and Utilities
- Government
Global Domestic Courier, Express, and Parcel Market by Mode of Transportation
- Railways
- Airways
- Roadways
- Waterways
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- A1 Express Delivery Service, INC.
- Allied Express Transport
- Aramex Group
- Associated Couriers, LLC
- BDP INTERNATIONAL INC.
- BHF Couriers
- DTDC Express Ltd.
- Freightways
- One World Express Express Inc.
- Poste Italiane
- Qantas Airways Ltd.
- Royal Mail Group Ltd.
- SG Holdings Co., Ltd.
- Singapore Post Ltd.
- TCIEXPRESS Ltd.
- Yamato Transport Co., Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global domestic courier, express, and parcel market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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