Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Courier, Express and Parcel (CEP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A1981
Buy Now
Market Overview:
The global courier, express and parcel (CEP) market size reached US$ 415.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 540.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.
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.
.webp)
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.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
To get more information about this market, Request Sample
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 2023-2028. Our report has categorized the market based on service type, destination, type and end-use sector.
Breakup by Service Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
To get more information about this market, Request Sample
- 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-use sector, 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:
To get more information about this market, Request Sample
- 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 | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| 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: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 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) |
The global courier, express and parcel market was valued at US$ 415.3 Billion in 2022.
We expect the global courier, express and parcel market to exhibit a CAGR of 4.4% during 2023-2028.
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.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Select License Type
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-713-2163
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More