United States Courier, Express and Parcel (CEP) Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Courier, Express and Parcel (CEP) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The United States courier, express and parcel (CEP) market is currently witnessing moderate growth. Courier, express and parcel, or CEP, refer to a collection of services that deliver goods and documents through the land, air, and waterways across various locations. It is used for delivering packages that are non-palletized and usually weigh around a hundred pounds collectively. CEP services operate on business-to-business (B2B), business-to-customer (B2C), and customer-to-customer (C2C) models and enhance the experience of delivering to the customers. In the United States, the CEP industry is constantly undergoing rapid transformation, paving the path for innovations in the upcoming years.

The United States courier, express and parcel (CEP) market is primarily driven by the constantly evolving e-commerce industry due to the significant penetration of the internet. The United States accounts for the highest share of the CEP industry in the North American region, with a highly integrated supply chain network that links producers and consumers through multiple transportation modes. Additionally, the increasing customer expectations for quicker and faster delivery has led to the growth of on-demand courier companies like UberRUSH and Postmates, which offer quick delivery services, thereby positively impacting the market growth. The market is further bolstered by the rising customer expenditure capabilities in the region. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States courier, express and parcel (CEP) market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, service type, destination, type and end use sector.

Breakup by Service Type:

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

Breakup by Destination:

Domestic
International

Breakup by Type:

Air
Ship
Subway
Road

Breakup by End Use Sector:

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

Breakup by Region:

Northeast
Midwest
South
West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the United States courier, express and parcel market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the United States courier, express and parcel market?
What are the key regional markets?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the destination?
What is the breakup of the market based on the type?
What is the breakup of the market based on the end use sector?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the United States courier, express and parcel market and who are the key players?
What is the degree of competition in the industry?