C2C offers numerous advantages such as the availability of both the person (buyer or seller) who are involved in the exchange of products. Also, C2C offers advantages such as the transaction cost is low followed by the removal of intermediaries and easy availability of service providers, which leads to the growth of the C2C segment in the global market. In addition, few companies operating in courier services market are launching new C2C parcel service, which contributes in the growth of the market. For instance, in 2021, Delhivery, a fulfilment platform for digital commerce, launched a C2C (consumer-to-consumer) express parcel service. This service enables a person to have a parcel picked from their door step and get it delivered to designated location.
The growth of the global courier services market has propelled due to development of e-commerce industry and increase in demand for fast delivery of packages. However, poor infrastructure and higher logistics costs is the factor hampering the growth of the market. Furthermore, technological advancements are expected to offer growth opportunities during the forecast period.
The courier services market is segmented on the basis of service type, destination, end use, and region. By service type, it is classified into B2B, B2C, and C2C. By destination, it is bifurcated into domestic and international. By end use, it is categorized into services, wholesale & retail trade, healthcare, industrial & manufacturing, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the courier services market analysis from 2021 to 2031 to identify the prevailing courier services market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the courier services market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global courier services market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Service Type
- B2B
- B2C
- C2C
By Destination
- Domestic
- International
By End Use
- Services
- Wholesale and Retail Trade
- Healthcare
- Industrial and Manufacturing
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest Of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- FedEx Corporation
- SF Express (Group) Co. Ltd.
- Deutsche Post DHL Group
- United Parcel Service Inc.
- Yamato Holdings Co. Ltd
- Qantas Courier Limited
- DB Schenker
- SG Holdings Co. Ltd
- PostNL NV
- Singapore Post Ltd.
- Nippon Express
- DSV AS
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: COURIER SERVICES MARKET, BY SERVICE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 B2B
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 B2C
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 C2C
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: COURIER SERVICES MARKET, BY DESTINATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Domestic
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 International
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: COURIER SERVICES MARKET, BY END USE
6.1 Overview
6.1.1 Market size and forecast
6.2 Services
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Wholesale and Retail Trade
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Healthcare
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Industrial and Manufacturing
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 Others
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country
CHAPTER 7: COURIER SERVICES MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Service Type
7.2.3 North America Market size and forecast, by Destination
7.2.4 North America Market size and forecast, by End Use
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Service Type
7.2.5.1.2 Market size and forecast, by Destination
7.2.5.1.3 Market size and forecast, by End Use
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Service Type
7.2.5.2.2 Market size and forecast, by Destination
7.2.5.2.3 Market size and forecast, by End Use
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Service Type
7.2.5.3.2 Market size and forecast, by Destination
7.2.5.3.3 Market size and forecast, by End Use
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Service Type
7.3.3 Europe Market size and forecast, by Destination
7.3.4 Europe Market size and forecast, by End Use
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Market size and forecast, by Service Type
7.3.5.1.2 Market size and forecast, by Destination
7.3.5.1.3 Market size and forecast, by End Use
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Service Type
7.3.5.2.2 Market size and forecast, by Destination
7.3.5.2.3 Market size and forecast, by End Use
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Service Type
7.3.5.3.2 Market size and forecast, by Destination
7.3.5.3.3 Market size and forecast, by End Use
7.3.5.4 Russia
7.3.5.4.1 Market size and forecast, by Service Type
7.3.5.4.2 Market size and forecast, by Destination
7.3.5.4.3 Market size and forecast, by End Use
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Service Type
7.3.5.5.2 Market size and forecast, by Destination
7.3.5.5.3 Market size and forecast, by End Use
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Service Type
7.4.3 Asia-Pacific Market size and forecast, by Destination
7.4.4 Asia-Pacific Market size and forecast, by End Use
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Service Type
7.4.5.1.2 Market size and forecast, by Destination
7.4.5.1.3 Market size and forecast, by End Use
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Service Type
7.4.5.2.2 Market size and forecast, by Destination
7.4.5.2.3 Market size and forecast, by End Use
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Service Type
7.4.5.3.2 Market size and forecast, by Destination
7.4.5.3.3 Market size and forecast, by End Use
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Service Type
7.4.5.4.2 Market size and forecast, by Destination
7.4.5.4.3 Market size and forecast, by End Use
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Market size and forecast, by Service Type
7.4.5.5.2 Market size and forecast, by Destination
7.4.5.5.3 Market size and forecast, by End Use
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Service Type
7.5.3 LAMEA Market size and forecast, by Destination
7.5.4 LAMEA Market size and forecast, by End Use
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Service Type
7.5.5.1.2 Market size and forecast, by Destination
7.5.5.1.3 Market size and forecast, by End Use
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Service Type
7.5.5.2.2 Market size and forecast, by Destination
7.5.5.2.3 Market size and forecast, by End Use
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Service Type
7.5.5.3.2 Market size and forecast, by Destination
7.5.5.3.3 Market size and forecast, by End Use
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 FedEx Corporation
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 SF Express (Group) Co. Ltd.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Deutsche Post DHL Group
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 United Parcel Service Inc.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Yamato Holdings Co. Ltd
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Qantas Courier Limited
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 DB Schenker
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 SG Holdings Co. Ltd
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 PostNL NV
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Singapore Post Ltd.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Nippon Express
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 DSV AS
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
List of Tables
Table 1. Global Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 2. Courier Services Market, for B2B, by Region, 2021-2031 ($Billion)
Table 3. Courier Services Market for B2B, by Country, 2021-2031 ($Billion)
Table 4. Courier Services Market, for B2C, by Region, 2021-2031 ($Billion)
Table 5. Courier Services Market for B2C, by Country, 2021-2031 ($Billion)
Table 6. Courier Services Market, for C2C, by Region, 2021-2031 ($Billion)
Table 7. Courier Services Market for C2C, by Country, 2021-2031 ($Billion)
Table 8. Global Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 9. Courier Services Market, for Domestic, by Region, 2021-2031 ($Billion)
Table 10. Courier Services Market for Domestic, by Country, 2021-2031 ($Billion)
Table 11. Courier Services Market, for International, by Region, 2021-2031 ($Billion)
Table 12. Courier Services Market for International, by Country, 2021-2031 ($Billion)
Table 13. Global Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 14. Courier Services Market, for Services, by Region, 2021-2031 ($Billion)
Table 15. Courier Services Market for Services, by Country, 2021-2031 ($Billion)
Table 16. Courier Services Market, for Wholesale and Retail Trade, by Region, 2021-2031 ($Billion)
Table 17. Courier Services Market for Wholesale and Retail Trade, by Country, 2021-2031 ($Billion)
Table 18. Courier Services Market, for Healthcare, by Region, 2021-2031 ($Billion)
Table 19. Courier Services Market for Healthcare, by Country, 2021-2031 ($Billion)
Table 20. Courier Services Market, for Industrial and Manufacturing, by Region, 2021-2031 ($Billion)
Table 21. Courier Services Market for Industrial and Manufacturing, by Country, 2021-2031 ($Billion)
Table 22. Courier Services Market, for Others, by Region, 2021-2031 ($Billion)
Table 23. Courier Services Market for Others, by Country, 2021-2031 ($Billion)
Table 24. Courier Services Market, by Region, 2021-2031 ($Billion)
Table 25. North America Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 26. North America Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 27. North America Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 28. North America Courier Services Market, by Country, 2021-2031 ($Billion)
Table 29. U.S. Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 30. U.S. Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 31. U.S. Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 32. Canada Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 33. Canada Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 34. Canada Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 35. Mexico Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 36. Mexico Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 37. Mexico Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 38. Europe Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 39. Europe Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 40. Europe Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 41. Europe Courier Services Market, by Country, 2021-2031 ($Billion)
Table 42. UK Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 43. UK Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 44. UK Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 45. Germany Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 46. Germany Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 47. Germany Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 48. France Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 49. France Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 50. France Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 51. Russia Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 52. Russia Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 53. Russia Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 54. Rest of Europe Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 55. Rest of Europe Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 56. Rest of Europe Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 57. Asia-Pacific Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 58. Asia-Pacific Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 59. Asia-Pacific Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 60. Asia-Pacific Courier Services Market, by Country, 2021-2031 ($Billion)
Table 61. China Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 62. China Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 63. China Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 64. Japan Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 65. Japan Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 66. Japan Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 67. India Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 68. India Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 69. India Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 70. Australia Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 71. Australia Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 72. Australia Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 73. Rest of Asia-Pacific Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 74. Rest of Asia-Pacific Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 75. Rest of Asia-Pacific Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 76. LAMEA Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 77. LAMEA Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 78. LAMEA Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 79. LAMEA Courier Services Market, by Country, 2021-2031 ($Billion)
Table 80. Latin America Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 81. Latin America Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 82. Latin America Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 83. Middle East Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 84. Middle East Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 85. Middle East Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 86. Africa Courier Services Market, by Service Type, 2021-2031 ($Billion)
Table 87. Africa Courier Services Market, by Destination, 2021-2031 ($Billion)
Table 88. Africa Courier Services Market, by End Use, 2021-2031 ($Billion)
Table 89. Fedex Corporation: Company Snapshot
Table 90. Fedex Corporation: Operating Segments
Table 91. Fedex Corporation: Product Portfolio
Table 92. Fedex Corporation: Net Sales
Table 93. Fedex Corporation: Key Strategies
Table 94. Sf Express (Group) Co. Ltd.: Company Snapshot
Table 95. Sf Express (Group) Co. Ltd.: Operating Segments
Table 96. Sf Express (Group) Co. Ltd.: Product Portfolio
Table 97. Sf Express (Group) Co. Ltd.: Net Sales
Table 98. Sf Express (Group) Co. Ltd.: Key Strategies
Table 99. Deutsche Post Dhl Group: Company Snapshot
Table 100. Deutsche Post Dhl Group: Operating Segments
Table 101. Deutsche Post Dhl Group: Product Portfolio
Table 102. Deutsche Post Dhl Group: Net Sales
Table 103. Deutsche Post Dhl Group: Key Strategies
Table 104. United Parcel Service Inc.: Company Snapshot
Table 105. United Parcel Service Inc.: Operating Segments
Table 106. United Parcel Service Inc.: Product Portfolio
Table 107. United Parcel Service Inc.: Net Sales
Table 108. United Parcel Service Inc.: Key Strategies
Table 109. Yamato Holdings Co. Ltd.: Company Snapshot
Table 110. Yamato Holdings Co. Ltd.: Operating Segments
Table 111. Yamato Holdings Co. Ltd.: Product Portfolio
Table 112. Yamato Holdings Co. Ltd.: Net Sales
Table 113. Yamato Holdings Co. Ltd.: Key Strategies
Table 114. Qantas Courier Limited: Company Snapshot
Table 115. Qantas Courier Limited: Operating Segments
Table 116. Qantas Courier Limited: Product Portfolio
Table 117. Qantas Courier Limited: Net Sales
Table 118. Qantas Courier Limited: Key Strategies
Table 119. Db Schenker: Company Snapshot
Table 120. Db Schenker: Operating Segments
Table 121. Db Schenker: Product Portfolio
Table 122. Db Schenker: Net Sales
Table 123. Db Schenker: Key Strategies
Table 124. Sg Holdings Co. Ltd.: Company Snapshot
Table 125. Sg Holdings Co. Ltd.: Operating Segments
Table 126. Sg Holdings Co. Ltd.: Product Portfolio
Table 127. Sg Holdings Co. Ltd.: Net Sales
Table 128. Sg Holdings Co. Ltd.: Key Strategies
Table 129. Postnl Nv: Company Snapshot
Table 130. Postnl Nv: Operating Segments
Table 131. Postnl Nv: Product Portfolio
Table 132. Postnl Nv: Net Sales
Table 133. Postnl Nv: Key Strategies
Table 134. Singapore Post Ltd.: Company Snapshot
Table 135. Singapore Post Ltd.: Operating Segments
Table 136. Singapore Post Ltd.: Product Portfolio
Table 137. Singapore Post Ltd.: Net Sales
Table 138. Singapore Post Ltd.: Key Strategies
Table 139. Nippon Express: Company Snapshot
Table 140. Nippon Express: Operating Segments
Table 141. Nippon Express: Product Portfolio
Table 142. Nippon Express: Net Sales
Table 143. Nippon Express: Key Strategies
Table 144. Dsv As: Company Snapshot
Table 145. Dsv As: Operating Segments
Table 146. Dsv As: Product Portfolio
Table 147. Dsv As: Net Sales
Table 148. Dsv As: Key Strategies
List of Figures
Figure 1. Courier Services Market Segmentation
Figure 2. Courier Services Market, 2021-2031
Figure 3. Courier Services Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Courier Services Mark.:Drivers, Restraints and Opportunities
Figure 12. Courier Services Market, By Service Type, 2021(%)
Figure 13. Comparative Share Analysis of B2B Courier Services Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of B2C Courier Services Market, 2021-2031(%)
Figure 15. Comparative Share Analysis of C2C Courier Services Market, 2021-2031(%)
Figure 16. Courier Services Market, By Destination, 2021(%)
Figure 17. Comparative Share Analysis of Domestic Courier Services Market, 2021-2031(%)
Figure 18. Comparative Share Analysis of International Courier Services Market, 2021-2031(%)
Figure 19. Courier Services Market, By End Use, 2021(%)
Figure 20. Comparative Share Analysis of Services Courier Services Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Wholesale and Retail Trade Courier Services Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Healthcare Courier Services Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Industrial and Manufacturing Courier Services Market, 2021-2031(%)
Figure 24. Comparative Share Analysis of Others Courier Services Market, 2021-2031(%)
Figure 25. Courier Services Market by Region, 2021
Figure 26. U.S. Courier Services Market, 2021-2031($Billion)
Figure 27. Canada Courier Services Market, 2021-2031($Billion)
Figure 28. Mexico Courier Services Market, 2021-2031($Billion)
Figure 29. Uk Courier Services Market, 2021-2031($Billion)
Figure 30. Germany Courier Services Market, 2021-2031($Billion)
Figure 31. France Courier Services Market, 2021-2031($Billion)
Figure 32. Russia Courier Services Market, 2021-2031($Billion)
Figure 33. Rest of Europe Courier Services Market, 2021-2031($Billion)
Figure 34. China Courier Services Market, 2021-2031($Billion)
Figure 35. Japan Courier Services Market, 2021-2031($Billion)
Figure 36. India Courier Services Market, 2021-2031($Billion)
Figure 37. Australia Courier Services Market, 2021-2031($Billion)
Figure 38. Rest of Asia-Pacific Courier Services Market, 2021-2031($Billion)
Figure 39. Latin America Courier Services Market, 2021-2031($Billion)
Figure 40. Middle East Courier Services Market, 2021-2031($Billion)
Figure 41. Africa Courier Services Market, 2021-2031($Billion)
Figure 42. Top Winning Strategies, by Year
Figure 43. Top Winning Strategies, by Development
Figure 44. Top Winning Strategies, by Company
Figure 45. Product Mapping of Top 10 Players
Figure 46. Competitive Dashboard
Figure 47. Competitive Heatmap of Top 10 Key Players
Figure 48. Fedex Corporatio.: Net Sales, ($Billion)
Figure 49. Sf Express (Group) Co. Ltd.: Net Sales, ($Billion)
Figure 50. Deutsche Post Dhl Grou.: Net Sales, ($Billion)
Figure 51. United Parcel Service Inc.: Net Sales, ($Billion)
Figure 52. Yamato Holdings Co. Lt.: Net Sales, ($Billion)
Figure 53. Qantas Courier Limite.: Net Sales, ($Billion)
Figure 54. Db Schenke.: Net Sales, ($Billion)
Figure 55. Sg Holdings Co. Lt.: Net Sales, ($Billion)
Figure 56. Postnl N.: Net Sales, ($Billion)
Figure 57. Singapore Post Ltd.: Net Sales, ($Billion)
Figure 58. Nippon Expres.: Net Sales, ($Billion)
Figure 59. Dsv A.: Net Sales, ($Billion)
Executive Summary
According to the report, “Courier Services Market," the courier services market was valued at $381.00 billion in 2021, and is estimated to reach $658.3 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.Asia-Pacific is expected to dominate the global courier services market. Demand for last mile delivery services in Asia-Pacific is expected to witness high growth in the future, owing to rise in e-commerce, high population growth, surge in disposable incomes & standards of living, high government support for development of logistics infrastructure, and growth in international trade. Moreover, significant rise in online-commerce retail sales, coupled with growth in online fast-moving consumer goods (FMCG) demand is also expected to foster the courier services market growth.
Rise in adoption of courier services for official documents, such as banking documents, passports, and others business related documents, is one of the key factors boosting the growth of the courier services market in the services segment. In addition, increase in adoption of courier services from individual customers for shipment of documents, such as printed matters, original certificate, and others, is further expected to drive the growth of the market. Increasing online pharmacy orders is expected to drive the growth of the market in the healthcare sector. In addition, rise in seaborne pharmaceutical transportation is a major factor that drives the growth of healthcare segment in the courier services industry.
The growth of the global courier services market has propelled due to development of e-commerce industry and increase in demand for fast delivery of packages. However, poor infrastructure and higher logistics costs is the factor hampering the growth of the market. Furthermore, technological advancements is expected to offer growth opportunities during the forecast period.
COVID-19 Impact Analysis
The coronavirus pandemic is an unprecedented crisis with dramatic economic impacts on the courier services industry. A first and striking consequence of the pandemic has been its widespread disruption to international supply chains. Strict constraints have been posed on international transport, particularly on-air traffic. Therefore, cross-border shipping was almost impossible during the first few months of COVID-19.The pandemic has led to the decline of letters & document parcel and growth of e-commerce parcels due to an increased number of people shopping from home. The e-commerce and daily essential goods industry is expected to affect the courier services industry positively during the COVID-19 outbreak. As B2B courier services suffered and came to a halt, B2C emerged during the pandemic, owing to rapid growth of the online retail and e-commerce industry.
In addition, many players in the courier services market are also offering social services, owing to the growing complexity of the pandemic situation, and also guaranteeing the supplies readily able to comply with healthcare regulations. For instance, express courier delivery service provider, Nhat Tin Logistics, provided free express courier delivery of medical mask and other essential medical items in locations, including quarantine zone, treatment facility, hospitals, and field hospitals.
Key Findings of the Study
- By service type, the B2C segment is anticipated to exhibit significant growth in the near future.
- By destination, the international segment is anticipated to exhibit significant growth in the near future.
- By end-use, the wholesale and retail segment is anticipated to exhibit significant growth in the near future.
- By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
- Some leading companies profiled in the courier services market report include DB SCHENKER, Deutsche Post DHL Group, DSV A/S, FedEx, Nippon Express Co., Ltd., PostNL, Qantas Courier Limited, SF Express Co. Ltd., SG Holdings Co., Ltd., Singapore Post Limited, United Parcel Service of America, Inc., and Yamato Transport Company, Ltd.
Companies Mentioned
- FedEx Corporation
- SF Express (Group) Co. Ltd.
- Deutsche Post DHL Group
- United Parcel Service Inc.
- Yamato Holdings Co. Ltd
- Qantas Courier Limited
- DB Schenker
- SG Holdings Co. Ltd
- PostNL NV
- Singapore Post Ltd.
- Nippon Express
- DSV AS
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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