Market Overview:

The United States courier, express and parcel (CEP) market size reached US$ 123 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 152 Billion by 2027, exhibiting a growth rate (CAGR) of 3.49% during 2022-2027.

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.

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 at the country and regional level from 2022-2027. Our report has categorized the market based on 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.

Report Coverage:

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?