Global Parcel Delivery Market Insight Report 2021

The report covers the parcels market at the global level and region-by-region.

• There is necessarily most focus on the top 10 country markets (US, Canada, Germany, UK, France, Italy, China, Japan, India and Brazil), although our historical and forecast market size and growth estimates are provided for a wider range of countries.
• The report provides historical and forecast market sizes covering the period from 2015-2025, segmented between B2C+Returns and B2B+C2X. Adjacent services, such as mail, pallet distribution, groupage, freight forwarding, same-day courier and contract logistics are excluded wherever data allows.

Market information is quoted in value terms and on a constant currency basis (to remove distortions due to exchange rate movements). Volume information is presented where available.

The global parcels market exceeded US$500bn in value in 2020, up from just under US$450bn in 2018.

Asia Pacific is the largest regional parcels market by value, accounting for around 42% of the global market. North America and Europe together represent a little over 50% of the market.

China is the key growth market, representing almost 62% of the Asia-Pacific regional total by value. Chinese parcel volumes reached 83bn in 2019.

The US is still the largest country market in value terms, although China has surpassed it in volume. In Europe, Germany is the largest market with Poland and the UK having been the fastest-growing of the main countries (8.7% and 11.6% CAGR 2015-20 respectively).

Online retail is the main driver of growth in parcel delivery volumes

• Global online sales were in excess of US$4.2trn in 2020, having grown at a rate of 25% per year.
• The largest online retail country markets are the US, UK, China and Japan.
• China has had online retail growth of more than 30% per year.

Growth is high in both emerging and developed economies.

Globally, online now accounts for almost 20% of total retail sales, up from around 7% in 2015.

Market information is quoted in value terms and on a constant currency basis (to remove distortions due to exchange rate movements). Volume information is presented where available.

The report includes in-depth profiles of the leading carriers.