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Courier, Express and Parcel (CEP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global courier, express and parcel (CEP) market size reached US$ 394 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 519.6 Billion by 2027, exhibiting at a growth rate (CAGR) of 4.61% during 2022-2027. 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 (CEP) services comprise the delivery of parcels and documents through the land, air, and waterways across various locations. They help deliver non-palletized packages that usually weigh around a hundred pounds collectively. They operate on various business models, such as business-to-business (B2B), customer-to-customer (C2C), and business-to-customer (B2C). They provide value-added services, including express deliveries to retail consumers, government agencies, and business customers. At present, CEP services are gaining traction across the globe due to safe delivery options, cost-effectiveness, and parcel tracking facilities.

 

 
 

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Courier, Express and Parcel (CEP) Market Trends:

Rapid urbanization, globalization, and a significant rise in cross-border trade channels are among the key factors positively influencing the market. In addition, increasing the expenditure capacity of individuals and the burgeoning e-commerce industry on account of the shifting consumer preferences towards online shopping is contributing to market growth. In line with this, the rising focus of e-commerce companies on strategic collaborations with CEP providers to deliver products across domestic and international locations is creating a positive market outlook. They are also improving value-added services, which include mobile tracking of products, SMS and e-mail alerts, and recorded call facilities. Furthermore, the growing consumer reliance on smartphones, laptops, tablets, and personal computers (PCs), along with the rising internet penetration, is offering a favorable market outlook. Apart from this, the increasing utilization of advanced digital technologies by the CEP service providers, such as delivery lockers, autonomous vehicles, and drone deliveries, are bolstering the market growth. These technological advancements help service providers improve operational efficiency and effectively meet customer requirements. Additionally, a considerable rise in the manufacturing industry is positively influencing the market. Moreover, the emerging trend of sending online gifts on special occasions and the widespread adoption of the work-from-home (WFH) policy by various organizations are driving the market. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global courier, express and parcel (CEP) market report, along with forecasts at the global, regional, and country-level from 2022-2027. Our report has categorized the market based on service type, destination, type, and end-use sector.

Breakup by Service Type:

 

 
 

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  • B2B (Business-to-Business)
  • B2C (Business-to-Consumer)
  • C2C (Customer-to-Customer)

Based on the service type, the market has been segmented into B2B (business-to-business), B2C (business-to-consumer), and C2C (customer-to-customer).

Breakup by Destination:

  • Domestic
  • International

On the basis of the destination, the market has been bifurcated into domestic and international.

Breakup by Type:

  • Air
  • Ship
  • Subway
  • Road

Based on the type, the market has been classified into air, ship, subway, and road.

Breakup by End-Use Sector:

  • Services (BFSI- Banking, Financial Services and Insurance)
  • Wholesale and Retail Trade (E-commerce)
  • Manufacturing, Construction and Utilities
  • Others

On the basis of the end-user, the market has been segregated into services (BFSI- baking, financial services and insurance), wholesale and retail trade (e-commerce), manufacturing, construction and utilities, and others.

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

On the geographical front, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.


Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being  Aramex PJSC, Deutsche Post AG, Fedex Corporation, La Poste SA, Pos Malaysia Berhad, Poste Italiane SpA., PostNL NV, Qantas Courier Limited, Royal Mail Group Plc, SF Express Co. Ltd., SG Holdings Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., Yamato Transport Co., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Service Type, Destination, Type, End-Use Sector, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aramex PJSC, Deutsche Post AG, Fedex Corporation, La Poste SA, Pos Malaysia Berhad, Poste Italiane SpA., PostNL NV, Qantas Courier Limited, Royal Mail Group Plc, SF Express Co. Ltd., SG Holdings Co. Ltd., Singapore Post Ltd., United Parcel Service Inc. and Yamato Transport Co.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: 2499
Five User License: 3499
Corporate License: 4499
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)

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Courier, Express and Parcel (CEP) Market 
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Service Type
    6.1    B2B (Business-to-Business) 
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    B2C (Business-to-Consumer) 
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    C2C (Customer-to-Customer) 
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Destination
    7.1    Domestic 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    International 
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Type
    8.1    Air 
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Ship 
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Subway 
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Road 
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by End-Use Sector
    9.1    Services (BFSI- Banking, Financial Services and Insurance) 
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Wholesale and Retail Trade (E-commerce) 
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Manufacturing, Construction and Utilities 
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Indicators
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Aramex PJSC
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio 
        15.3.2    Deutsche Post AG
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio 
           15.3.2.3 Financials
        15.3.3    Fedex Corporation 
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio 
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    La Poste SA
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio 
           15.3.4.3 Financials
        15.3.5    Pos Malaysia Berhad 
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio 
           15.3.5.3 Financials
        15.3.6    Poste Italiane SpA 
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio 
           15.3.6.3 Financials
        15.3.7    PostNL NV 
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio 
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Qantas Courier Ltd. 
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio 
        15.3.9    Royal Mail Group Plc  
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio 
        15.3.10    SF Express Co. Ltd.  
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio 
        15.3.11    SG Holdings Co. Ltd. 
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio 
           15.3.11.3 Financials
        15.3.12    Singapore Post Ltd. 
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio 
           15.3.12.3 Financials
        15.3.13    United Parcel Service Inc. 
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio 
           15.3.13.3 Financials
           15.3.13.4 SWOT Analysis
        15.3.14    Yamato Transport Co. Ltd. 
           15.3.14.1 Company Overview
           15.3.14.2 Product Portfolio 
           15.3.14.3 Financials
           15.3.14.4 SWOT Analysis

List of Figures

Figure 1: Global: Courier, Express and Parcel Market: Major Drivers and Challenges
Figure 2: Global: Courier, Express and Parcel Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Courier, Express and Parcel Market: Breakup by Service Type (in %), 2021
Figure 4: Global: Courier, Express and Parcel Market: Breakup by Destination (in %), 2021
Figure 5: Global: Courier, Express and Parcel Market: Breakup by Type (in %), 2021
Figure 6: Global: Courier, Express and Parcel Market: Breakup by End-Use Sector (in %), 2021
Figure 7: Global: Courier, Express and Parcel Market: Breakup by Region (in %), 2021
Figure 8: Global: Courier, Express and Parcel Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Courier, Express and Parcel (B2B) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Courier, Express and Parcel (B2B) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Courier, Express and Parcel (B2C) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Courier, Express and Parcel (B2C) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Courier, Express and Parcel (C2C) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Courier, Express and Parcel (C2C) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Courier, Express and Parcel (Domestic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Courier, Express and Parcel (Domestic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Courier, Express and Parcel (International) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Courier, Express and Parcel (International) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Courier, Express and Parcel (Air) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Courier, Express and Parcel (Air) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Courier, Express and Parcel (Ship) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Courier, Express and Parcel (Ship) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Courier, Express and Parcel (Subway) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Courier, Express and Parcel (Subway) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Courier, Express and Parcel (Road) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Courier, Express and Parcel (Road) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Courier, Express and Parcel (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Courier, Express and Parcel (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Courier, Express and Parcel (E-commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Courier, Express and Parcel (E-commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Courier, Express and Parcel (Manufacturing, Construction and Utilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Courier, Express and Parcel (Manufacturing, Construction and Utilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Courier, Express and Parcel (Other Sectors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Courier, Express and Parcel (Other Sectors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: United States: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: United States: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Canada: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Canada: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Asia Pacific: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Asia Pacific: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: China: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: China: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Japan: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Japan: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: India: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: India: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: South Korea: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: South Korea: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Australia: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Australia: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Indonesia: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Indonesia: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Europe: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Europe: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Germany: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Germany: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: France: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: France: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: United Kingdom: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: United Kingdom: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Italy: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Italy: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Spain: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Spain: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Russia: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Russia: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Latin America: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Latin America: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Brazil: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Brazil: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Mexico: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Mexico: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Middle East and Africa: Courier, Express and Parcel Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Middle East and Africa: Courier, Express and Parcel Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Courier, Express and Parcel Industry: SWOT Analysis
Figure 84: Global: Courier, Express and Parcel Industry: Value Chain Analysis
Figure 85: Global: Courier, Express and Parcel Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Courier, Express and Parcel Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Courier, Express and Parcel Market Forecast: Breakup by Service Type (in Million US$), 2022-2027
Table 3: Global: Courier, Express and Parcel Market Forecast: Breakup by Destination (in Million US$), 2022-2027
Table 4: Global: Courier, Express and Parcel Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 5: Global: Courier, Express and Parcel Market Forecast: Breakup by End-Use Sector (in Million US$), 2022-2027
Table 6: Global: Courier, Express and Parcel Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Courier, Express and Parcel Market: Competitive Structure
Table 8: Global: Courier, Express and Parcel Market: Key Players


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Key Questions Answered in This Report

The global courier, express and parcel market was valued at US$ 394 Billion in 2021.

We expect the global courier, express and parcel market to exhibit a CAGR of 4.61% during 2022-2027.

The growing integration of various digital technologies with the crowdsourced delivery models to
enhance operational efficiency and cater to the requirements of the customers effectively is primarily
driving the global courier, express and parcel market.

The sudden outbreak of the COVID-19 pandemic has led to the rising demand for courier, express and
parcel services, with the shifting consumer inclination from conventional brick-and-mortar distribution
channels towards online retail platforms for the purchase of various goods and products.

Based on the service type, the global courier, express and parcel market has been segmented into B2B
(Business-to-Business), B2C (Business-to-Consumer), and C2C (Customer-to-Customer). Among these,
B2B (Business-to-Business) holds the majority of the total market share.

Based on the destination, the global courier, express and parcel market can be divided into domestic
and international. Currently, domestic exhibits a clear dominance in the market.

Based on the type, the global courier, express and parcel market has been categorized into air, ship,
subway, and road. Among these, road accounts for the majority of the global market share.

Based on the end-use sector, the global courier, express and parcel market can be segregated into
services (BFSI- Banking, Financial Services and Insurance), wholesale and retail trade (e-commerce),
manufacturing, construction and utilities, and others. Currently, the services (BFSI- Banking, Financial
Services and Insurance) sector holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global courier, express and parcel market include Aramex PJSC,
Deutsche Post AG, Fedex Corporation, La Poste SA, Pos Malaysia Berhad, Poste Italiane SpA., PostNL NV,
Qantas Courier Limited, Royal Mail Group Plc, SF Express Co. Ltd., SG Holdings Co. Ltd., Singapore Post
Ltd., United Parcel Service Inc., Yamato Transport Co., etc.

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