The Russia courier, express, and parcel (CEP) market size reached USD 2.34 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.37 Billion by 2033, exhibiting a growth rate (CAGR) of 3.70% during 2025-2033. The rapid growth of e-commerce, the increasing cross-border trade, rising urbanization, an increasing demand for efficient and timely delivery services, changing consumer preferences, and significant advancements in logistics technology and infrastructure are some of the major factors propelling the growth of the market.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 2.34 Billion |
Market Forecast in 2033 | USD 3.37 Billion |
Market Growth Rate 2025-2033 | 3.70% |
Growing E-commerce Industry
The exponential growth of e-commerce is significantly boosting the demand for efficient and reliable delivery services across the country. With more consumers shopping online, especially in urban centers, the need for quick and accurate parcel deliveries is rising. According to industry reports, Russia is the 9th largest market for eCommerce with a predicted revenue of US$76,592.4 million by 2024, placing it ahead of France. Revenue is expected to show a compound annual growth rate (CAGR 2024-2028) of 5.3%, resulting in a projected market volume of US$94,118.0 million by 2028. With an expected increase of 9.0% in 2024, the Russian eCommerce market contributed to a worldwide growth rate of 10.1% in 2024. The monthly eCommerce revenue of the Russian eCommerce market was US$6,206 million in July 2024. This refers to a growth of 16.9% compared to June 2024. Similarly, with 84.0% VISA the most offered payment method of all online stores in the Russian eCommerce market in 2023. Like VISA Mastercard with a share of 84.0% and MIR with a share of 64.1% the payment-type Cards are the most used by online retailers in in the Russian eCommerce market in 2023. Other commonly used payment methods in that market are Cash on delivery (CoD) with 70.5% and Bank transfer/cash in advance (Bank transfer) with 46.2% of stores offering that payment method to the clients.
Rising Cross-Border Trade
The cross-border trade is growing, driven by Russia's increasing participation in global commerce. This trend is leading to a higher volume of international parcel shipments, necessitating advanced logistics solutions to manage the complex demands of cross-border deliveries. For instance, in July 2024, India and Russia reaffirmed their commitment to strengthening logistics and transportation infrastructure during the 22nd India-Russia Annual Summit. The nations are focusing on the Chennai-Vladivostok Eastern Maritime Corridor, the International North-South Transport Corridor, and the Northern Sea Route. This move aims to enhance the stability and efficiency of transport corridors across Eurasia. Cooperation in the field of transport and logistics will be based on the principles of transparency, broad participation, local priorities, financial sustainability, and respect for the sovereignty and territorial integrity of all nations. The countries also agreed to collaborate on civil aviation security, building on the outcomes of a meeting held in Moscow in February 2023. Additionally, there is a strong emphasis on energy cooperation, with plans to explore long-term energy trade agreements and increase coal exports from Russia to India. They welcomed the signing of the Program of India-Russia cooperation in trade, economic, and investment spheres in the Russian Far East for the period from 2024 -2029, as well as cooperation principles in the Arctic zone of the Russian Federation.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on service type, destination, type, and end-use sector.
Service Type Insights:
The report has provided a detailed breakup and analysis of the market based on the service type. This includes B2B (business-to-business), B2C (business-to-consumer), and C2C (customer-to-customer).
Destination Insights:
A detailed breakup and analysis of the market based on the destination have also been provided in the report. This includes domestic and international.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes air, ship, subway, and road.
End-Use Sector Insights:
A detailed breakup and analysis of the market based on the end-use sector have also been provided in the report. This includes services (BFSI- banking, financial services and insurance), wholesale and retail trade (e-commerce), manufacturing, construction and utilities, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Central District, Volga District, Urals District, Northwestern District, Siberian District and Others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | USD Billion |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Service Types Covered | B2B (Business-To-Business), B2C (Business-To-Consumer), C2C (Customer-To-Customer) |
Destinations Covered | Domestic, International |
Types Covered | Air, Ship, Subway, Road |
End-Use Sectors Covered | Services (BFSI- Banking, Financial Services and Insurance), Wholesale and Retail Trade (E-Commerce), Manufacturing, Construction and Utilities, Others |
Regions Covered | Central District, Volga District, Urals District, Northwestern District, Siberian District, Others |
Customization Scope | 10% Free Customization |
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) |