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Courier Market in the US 2024-2028

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    Report

  • 139 Pages
  • July 2024
  • Region: United States
  • TechNavio
  • ID: 5876734
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The courier market in US is forecasted to grow by USD 28.5 billion during 2023-2028, accelerating at a CAGR of 5.4% during the forecast period. The report on the courier market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adoption of new technologies in courier, express, and parcel supply chain network systems, growing fast-moving consumer goods (FMCG) industry, and increasing globalization and international trade.

The courier market in US is segmented as below:

By Consumer

  • B2B
  • B2C
  • C2C

By Delivery

  • Domestic
  • International

By Geographical Landscape

  • North America
This study identifies the growing integration of last-mile delivery models with courier, express, and parcel companies as one of the prime reasons driving the courier market in US growth during the next few years. Also, freight service integration by courier, express, and parcel service providers and growth of e-commerce startups in US will lead to sizable demand in the market.

The report on the courier market in US covers the following areas:

  • Courier market in US sizing
  • Courier market in US forecast
  • Courier market in US industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading courier market in US vendors that include Central Courier LLC, Deutsche Post AG, Expeditors International of Washington Inc., FedEx Corp., Flexport Inc., General Logistics Systems BV, LSO Inc., OnTrac, PACE Inc., Shipbob Inc., Spee-Dee Delivery Service Inc., TFI International Inc., United Parcel Service Inc., United States Postal Service, and Yellow Corp. Also, the courier market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Consumer
Executive Summary - Chart on Market Segmentation by Delivery
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Courier Market in US 2018 - 2022
Historic Market Size - Data Table on Courier Market in US 2018 - 2022 ($ billion)
4.2 Consumer segment analysis 2018 - 2022
Historic Market Size - Consumer Segment 2018 - 2022 ($ billion)
4.3 Delivery segment analysis 2018 - 2022
Historic Market Size - Delivery Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Consumer
6.1 Market segments
Chart on Consumer - Market share 2023-2028 (%)
Data Table on Consumer - Market share 2023-2028 (%)
6.2 Comparison by Consumer
Chart on Comparison by Consumer
Data Table on Comparison by Consumer
6.3 B2B - Market size and forecast 2023-2028
Chart on B2B - Market size and forecast 2023-2028 ($ billion)
Data Table on B2B - Market size and forecast 2023-2028 ($ billion)
Chart on B2B - Year-over-year growth 2023-2028 (%)
Data Table on B2B - Year-over-year growth 2023-2028 (%)
6.4 B2C - Market size and forecast 2023-2028
Chart on B2C - Market size and forecast 2023-2028 ($ billion)
Data Table on B2C - Market size and forecast 2023-2028 ($ billion)
Chart on B2C - Year-over-year growth 2023-2028 (%)
Data Table on B2C - Year-over-year growth 2023-2028 (%)
6.5 C2C - Market size and forecast 2023-2028
Chart on C2C - Market size and forecast 2023-2028 ($ billion)
Data Table on C2C - Market size and forecast 2023-2028 ($ billion)
Chart on C2C - Year-over-year growth 2023-2028 (%)
Data Table on C2C - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Consumer
Market opportunity by Consumer ($ billion)
Data Table on Market opportunity by Consumer ($ billion)
7 Market Segmentation by Delivery
7.1 Market segments
Chart on Delivery - Market share 2023-2028 (%)
Data Table on Delivery - Market share 2023-2028 (%)
7.2 Comparison by Delivery
Chart on Comparison by Delivery
Data Table on Comparison by Delivery
7.3 Domestic - Market size and forecast 2023-2028
Chart on Domestic - Market size and forecast 2023-2028 ($ billion)
Data Table on Domestic - Market size and forecast 2023-2028 ($ billion)
Chart on Domestic - Year-over-year growth 2023-2028 (%)
Data Table on Domestic - Year-over-year growth 2023-2028 (%)
7.4 International - Market size and forecast 2023-2028
Chart on International - Market size and forecast 2023-2028 ($ billion)
Data Table on International - Market size and forecast 2023-2028 ($ billion)
Chart on International - Year-over-year growth 2023-2028 (%)
Data Table on International - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Delivery
Market opportunity by Delivery ($ billion)
Data Table on Market opportunity by Delivery ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Central Courier LLC
Central Courier LLC - Overview
Central Courier LLC - Product / Service
Central Courier LLC - Key offerings
11.4 Deutsche Post AG
Deutsche Post AG - Overview
Deutsche Post AG - Business segments
Deutsche Post AG - Key news
Deutsche Post AG - Key offerings
Deutsche Post AG - Segment focus
11.5 Expeditors International of Washington Inc.
Expeditors International of Washington Inc. - Overview
Expeditors International of Washington Inc. - Business segments
Expeditors International of Washington Inc. - Key offerings
Expeditors International of Washington Inc. - Segment focus
11.6 FedEx Corp.
FedEx Corp. - Overview
FedEx Corp. - Business segments
FedEx Corp. - Key news
FedEx Corp. - Key offerings
FedEx Corp. - Segment focus
11.7 Flexport Inc.
Flexport Inc. - Overview
Flexport Inc. - Product / Service
Flexport Inc. - Key offerings
11.8 General Logistics Systems BV
General Logistics Systems BV - Overview
General Logistics Systems BV - Product / Service
General Logistics Systems BV - Key news
General Logistics Systems BV - Key offerings
11.9 LSO Inc.
LSO Inc. - Overview
LSO Inc. - Product / Service
LSO Inc. - Key offerings
11.10 OnTrac
OnTrac - Overview
OnTrac - Product / Service
OnTrac - Key offerings
11.11 PACE Inc.
PACE Inc. - Overview
PACE Inc. - Product / Service
PACE Inc. - Key offerings
11.12 Shipbob Inc.
Shipbob Inc. - Overview
Shipbob Inc. - Product / Service
Shipbob Inc. - Key offerings
11.13 Spee-Dee Delivery Service Inc.
Spee-Dee Delivery Service Inc. - Overview
Spee-Dee Delivery Service Inc. - Product / Service
Spee-Dee Delivery Service Inc. - Key offerings
11.14 TFI International Inc.
TFI International Inc. - Overview
TFI International Inc. - Business segments
TFI International Inc. - Key offerings
TFI International Inc. - Segment focus
11.15 United Parcel Service Inc.
United Parcel Service Inc. - Overview
United Parcel Service Inc. - Business segments
United Parcel Service Inc. - Key news
United Parcel Service Inc. - Key offerings
United Parcel Service Inc. - Segment focus
11.16 United States Postal Service
United States Postal Service - Overview
United States Postal Service - Business segments
United States Postal Service - Key offerings
United States Postal Service - Segment focus
11.17 Yellow Corp.
Yellow Corp. - Overview
Yellow Corp. - Product / Service
Yellow Corp. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Consumer
Exhibits 5: Executive Summary - Chart on Market Segmentation by Delivery
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Courier Market in US 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Consumer Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Delivery Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Consumer - Market share 2023-2028 (%)
Exhibits 28: Data Table on Consumer - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Consumer
Exhibits 30: Data Table on Comparison by Consumer
Exhibits 31: Chart on B2B - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on B2B - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on B2B - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on B2B - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on B2C - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on B2C - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on B2C - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on B2C - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on C2C - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Data Table on C2C - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Chart on C2C - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on C2C - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Consumer ($ billion)
Exhibits 44: Data Table on Market opportunity by Consumer ($ billion)
Exhibits 45: Chart on Delivery - Market share 2023-2028 (%)
Exhibits 46: Data Table on Delivery - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Delivery
Exhibits 48: Data Table on Comparison by Delivery
Exhibits 49: Chart on Domestic - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Domestic - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Domestic - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Domestic - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on International - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on International - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on International - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on International - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Delivery ($ billion)
Exhibits 58: Data Table on Market opportunity by Delivery ($ billion)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Matrix on companies position and classification
Exhibits 66: Central Courier LLC - Overview
Exhibits 67: Central Courier LLC - Product / Service
Exhibits 68: Central Courier LLC - Key offerings
Exhibits 69: Deutsche Post AG - Overview
Exhibits 70: Deutsche Post AG - Business segments
Exhibits 71: Deutsche Post AG - Key news
Exhibits 72: Deutsche Post AG - Key offerings
Exhibits 73: Deutsche Post AG - Segment focus
Exhibits 74: Expeditors International of Washington Inc. - Overview
Exhibits 75: Expeditors International of Washington Inc. - Business segments
Exhibits 76: Expeditors International of Washington Inc. - Key offerings
Exhibits 77: Expeditors International of Washington Inc. - Segment focus
Exhibits 78: FedEx Corp. - Overview
Exhibits 79: FedEx Corp. - Business segments
Exhibits 80: FedEx Corp. - Key news
Exhibits 81: FedEx Corp. - Key offerings
Exhibits 82: FedEx Corp. - Segment focus
Exhibits 83: Flexport Inc. - Overview
Exhibits 84: Flexport Inc. - Product / Service
Exhibits 85: Flexport Inc. - Key offerings
Exhibits 86: General Logistics Systems BV - Overview
Exhibits 87: General Logistics Systems BV - Product / Service
Exhibits 88: General Logistics Systems BV - Key news
Exhibits 89: General Logistics Systems BV - Key offerings
Exhibits 90: LSO Inc. - Overview
Exhibits 91: LSO Inc. - Product / Service
Exhibits 92: LSO Inc. - Key offerings
Exhibits 93: OnTrac - Overview
Exhibits 94: OnTrac - Product / Service
Exhibits 95: OnTrac - Key offerings
Exhibits 96: PACE Inc. - Overview
Exhibits 97: PACE Inc. - Product / Service
Exhibits 98: PACE Inc. - Key offerings
Exhibits 99: Shipbob Inc. - Overview
Exhibits 100: Shipbob Inc. - Product / Service
Exhibits 101: Shipbob Inc. - Key offerings
Exhibits 102: Spee-Dee Delivery Service Inc. - Overview
Exhibits 103: Spee-Dee Delivery Service Inc. - Product / Service
Exhibits 104: Spee-Dee Delivery Service Inc. - Key offerings
Exhibits 105: TFI International Inc. - Overview
Exhibits 106: TFI International Inc. - Business segments
Exhibits 107: TFI International Inc. - Key offerings
Exhibits 108: TFI International Inc. - Segment focus
Exhibits 109: United Parcel Service Inc. - Overview
Exhibits 110: United Parcel Service Inc. - Business segments
Exhibits 111: United Parcel Service Inc. - Key news
Exhibits 112: United Parcel Service Inc. - Key offerings
Exhibits 113: United Parcel Service Inc. - Segment focus
Exhibits 114: United States Postal Service - Overview
Exhibits 115: United States Postal Service - Business segments
Exhibits 116: United States Postal Service - Key offerings
Exhibits 117: United States Postal Service - Segment focus
Exhibits 118: Yellow Corp. - Overview
Exhibits 119: Yellow Corp. - Product / Service
Exhibits 120: Yellow Corp. - Key offerings
Exhibits 121: Inclusions checklist
Exhibits 122: Exclusions checklist
Exhibits 123: Currency conversion rates for US$
Exhibits 124: Research methodology
Exhibits 125: Information sources
Exhibits 126: Data validation
Exhibits 127: Validation techniques employed for market sizing
Exhibits 128: Data synthesis
Exhibits 129: 360 degree market analysis
Exhibits 130: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the courier market in US: Central Courier LLC, Deutsche Post AG, Expeditors International of Washington Inc., FedEx Corp., Flexport Inc., General Logistics Systems BV, LSO Inc., OnTrac, PACE Inc., Shipbob Inc., Spee-Dee Delivery Service Inc., TFI International Inc., United Parcel Service Inc., United States Postal Service, and Yellow Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing integration of last-mile delivery models with courier, express, and parcel companies."

According to the report, one of the major drivers for this market is the adoption of new technologies in courier, express, and parcel supply chain network systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Central Courier LLC
  • Deutsche Post AG
  • Expeditors International of Washington Inc.
  • FedEx Corp.
  • Flexport Inc.
  • General Logistics Systems BV
  • LSO Inc.
  • OnTrac
  • PACE Inc.
  • Shipbob Inc.
  • Spee-Dee Delivery Service Inc.
  • TFI International Inc.
  • United Parcel Service Inc.
  • United States Postal Service
  • Yellow Corp.