Courier, Express and Parcel (CEP) Market Growth, Trends Analysis and Forecast 2022-2027

 According to IMARC Group’s latest report, titled “Courier, Express and Parcel (CEP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global courier, express and parcel (CEP) market size reached US$ 394 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 519.6 Billion by 2027, exhibiting at a growth rate (CAGR) of 4.61% during 2022-2027.

Courier, express and parcel (CEP) services include the delivery of documents via the air, land, and waterways across various locations. They deliver non-palletized packages that generally weigh around a hundred pounds collectively. CEP services operate on business models, such as customer-to-customer (C2C), business-to-business (B2B), business-to-customer (B2C), etc. They provide value-added benefits, including express deliveries to government bodies, retail consumers, business customers, etc. Consequently, they find extensive applications across numerous sectors, such as retail, manufacturing, construction, utilities, etc. 

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Courier, Express and Parcel Market Trends:

The rising number of cross-border trade channels is among the primary factors driving the courier, express and parcel (CEP) market. Additionally, the inflating expenditure capacities of individuals and the expanding e-commerce industry, owing to the growing consumer inclination towards online shopping, are further augmenting the market growth.

Moreover, several companies are focusing on delivering products across domestic and international locations and enhancing value-added services, such as mobile tracking, SMS, e-mail alerts, recorded call facilities, etc., which is acting as another significant growth-inducing factor. Apart from this, the emerging trend of sending online gifts on special occasions and the increasing utilization of the work-from-home (WFH) policy by organizations are expected to bolster the courier, express and parcel (CEP) market in the coming years.   

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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape:

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

• 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.

Key Market Segmentation:

The report has segmented the market on the basis of service type, destination, type, end-use sector and region.

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:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

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Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive mapping of the competitive landscape

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