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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).
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:
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Breakup by End Use Sector:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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