The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The Asia Pacific courier, express and parcel (CEP) market is expected to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Courier, express, and parcel, or CEP, refers to the service providers that deliver parcels and documents to various businesses, retails and government agencies through air, land, and waterways. These services deliver non-palletized packages that can weigh around a hundred pounds collectively across multiple locations. The emerging intra-regional trade in the Asia Pacific region combined with high GDP growth rates has led to the rising popularity of CEP services across the region.
The Asia Pacific CEP market is primarily driven by strong economic growth and increasing internet penetration. Besides this, rapid urbanization is prompting manufacturers to trade across the globe, creating a significant demand for CEP services. Additionally, the growing trend of cross-border purchases in the region, especially in Australia, Hong Kong, Singapore and New Zealand, is propelling the market growth. Furthermore, as on-time delivery plays a crucial role in the e-commerce industry, CEP services have gained prominence across the region. E-commerce stores partner with courier service providers to deliver their products across domestic and international locations. This is increasing the focus on value-added services such as mobile tracking of parcel and couriers, SMS and e-mail alerts, and other facilities.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific courier, express and parcel market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on service type, destination, type and end use sector.
Breakup by Service Type:
Breakup by Destination:
Breakup by Type:
Breakup by End Use Sector:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Service Type, Destination, Type, End Use Sector, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option|
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at