Courier Services Market Report 2026

The courier services market size has grown strongly in recent years. It will grow from $483.04 billion in 2025 to $518.84 billion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to expansion of urbanization, growth of business-to-consumer deliveries, rising demand for document courier services, increased reliance on outsourced logistics, growth in domestic parcel volumes.

The courier services market size is expected to see strong growth in the next few years. It will grow to $706.68 billion in 2030 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to increasing e-commerce penetration, rising investments in smart logistics networks, expansion of sustainable delivery models, growing demand for international express shipping, increasing use of data-driven route optimization. Major trends in the forecast period include increasing demand for same-day and next-day delivery services, rising integration of real-time shipment tracking platforms, growing use of electric delivery vehicles, expansion of cross-border express services, enhanced focus on service reliability and speed.

The rise of the e-commerce industry is expected to propel the growth of the courier services market going forward. E-commerce refers to the online exchange of goods and services, including the digital transmission of payments and data required to complete transactions. As online shopping continues to expand, demand for fast, reliable, and efficient delivery services has increased significantly. Courier services play a vital role in supporting e-commerce operations by ensuring timely last-mile delivery, managing returns, and enabling effective inventory movement. For instance, in February 2024, according to the United States Census Bureau, a US-based federal statistical agency, total e-commerce sales in 2023 were estimated at $1.11 trillion, representing a 7.6% increase compared with 2022. Therefore, the rapid expansion of the e-commerce industry is driving the growth of the courier services market.

Major companies operating in the courier services market are focusing on developing innovative solutions such as one-time code (OTC) delivery systems to enhance security, efficiency, and customer trust. A one-time code delivery solution is a secure authentication method in which a unique, single-use code is generated to verify successful delivery. These solutions help reduce theft, ensure proof of delivery, and improve overall service reliability. For example, in February 2023, BVK Technology, a Turkey-based security systems provider, launched a one-time code courier delivery box solution. This OTC delivery solution can be used by both couriers and retailers as a standalone service or as part of the company’s Fast and Locked courier service. The solution uses a customized package secured with a Bluetooth-enabled lock that operates without a physical key, allowing deliveries to be verified securely through a one-time code.

In June 2023, Today Team Time Critical Logistics, a UK-based courier services provider, acquired Speedy Courier Services Ltd for an undisclosed amount. Through this acquisition, Today Team aimed to strengthen its service capabilities and expand its geographical footprint. The deal supports the company’s strategy to broaden its client base, enhance same-day and time-critical delivery offerings, and improve service efficiency across domestic and international markets. Speedy Courier Services Ltd is a UK-based courier company specializing in same-day delivery services, and its acquisition further reinforces Today Team’s position in the competitive courier services market.

Major companies operating in the courier services market are United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, Japan Post Co Ltd., The United States Postal Service, DB Schenker, SF Express Co. Ltd., DSV A/S, Nippon Express Co. Ltd., International Distributions Services plc, The Yamato Transport Company Ltd., SG Holdings Co. Ltd., TFI International Inc., Qantas Courier Limited, ZTO Express Inc., PostNL NV, Purolator Inc., Singapore Post Ltd., OnTrac Inc., Delhivery Ltd., Lone Star Overnight LLC, Blue Dart Express Limited, LaserShip Inc., Spee-Dee Delivery Service Inc., Dicom Express & GoJIT, Yunda Holding Co Ltd., DTDC Express Limited, ShipBob Inc.

Asia-Pacific was the largest region in the courier services market in 2025. The regions covered in the courier services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the courier services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The courier services market includes revenues earned by entities by providing services such as express delivery, track and trace, packaging and labeling, and customized delivery solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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