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Pulished Date February, 2021
ID: 11130
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Courier, Express and Parcel (CEP) Market Research Report - Segmentation By Business (Business to Consumer (B2C) and Business to Business (B2B)), By Destination (International and Domestic), By End-user (Wholesale and Retail Trade, Services, Construction, Manufacturing, and Utilities and Primary Industries), and By Region: Forecast of 2021-2026

Pulished: February, 2021
ID: 11130
Pages: 150

Courier, Express and Parcel (CEP) Market Size (2021-2026)

In 2020, the global courier, express, and parcel industry was valued at US$ 368.5 billion in 2020, and it is predicted reach US$ 524.32 billion by 2026 at a CAGR of 5.2% from 2021 to 2026.

CEP stands for Courier, Express, and Parcel, and it is used to transport parcels and documents to a variety of consumers. Express delivery is a time-bound delivery in which a package is delivered in no more than two days. The term courier, on the other hand, refers to a person or company that delivers messages, packages, and mail. Safe parcel delivery, cost-effective service, and the ability of a parcel tracking system are all advantages of using these services. Technology is reshaping the whole supply chain and redefining the sector. By simplifying the way things are transported, the courier and delivery company is opening up new prospects for the e-commerce market.

These CEP packages are mostly non-palletized and weigh roughly a hundred pounds altogether. The business-to-business (B2B), business-to-customer (B2C), and customer-to-customer (C2C) models are used extensively in CEP services. They are combined with some value-added services to enhance the user's delivery experience.

MARKET DRIVERS

The courier, express, and parcel industry have seen remarkable growth in recent years all around the world. A major factor influencing market growth is the rising E-commerce sector. In the recent past, the e-commerce industry is expanding the range of business choices for transferring goods and commodities. The Courier, Express, and Parcel (CEP) Market is predicted to grow predominantly in emerging countries because of an increase in international trade across regions, the growth of internet-based services, and the growing number of smartphones among users.

This has boosted e-commerce sales, increased the middle-class population and disposable incomes, and raised living conditions. Another aspect driving the market is the rise in omnichannel retailing trends in many nations, as well as the rise in economic growth. Furthermore, CEP firms have begun to integrate last-mile delivery into their existing offerings. The final mile delivery represents about half of the supply chain costs, making it a significant aspect of logistics.

MARKET RESTRAINTS

The industry is in high demand due to the increased requirement to meet consumer expectations by delivering services on schedule. The global Courier, Express And Parcel (CEP) Market is predicted to be driven by the growing requirement for technological advancements to improve efficiency and meet customer expectations. However, inefficiencies caused by a lack of sufficient infrastructure and technology may limit the growth of the Global Courier, Express, and Parcel (CEP) Market.

Market Segmentation

Courier, Express and Parcel (CEP) Market – By Business

  • B2B
  • B2C

The B2B sector dominated the market and is expected to continue to do so during the forecast period. During the forecast period, the B2C segment is likely to be driven by the expansion of the e-commerce sector and a rise in customer awareness. During the projected period, this is expected to fuel the courier express and parcel market. Due to increased demand for e-commerce businesses, the focus is shifting from business to business (B2B) to business to consumer (B2C).

Courier, Express and Parcel (CEP) Market – Destination

  • Domestic
  • International

The overseas shipment sector of the market will increase at a much faster rate than the domestic market due to its extended reach in the global market. Air transportation is becoming increasingly popular in the CEP market for delivering in a very short time with the required efficiency, even though it is more expensive to customers.

Courier, Express and Parcel (CEP) Market – End-User

  • Services
  • Wholesale and Retail Trade
  • Manufacturing
  • Construction
  • Utilities
  • Primary Industries

Product trading between the Banking, Financial Services, and Insurance (BFSI) entities in various locations is handled by the services segment. The Wholesale and Retail Trade section includes the e-commerce sector as well as the cross-border trade of goods and products. The manufacturing, construction, and utility section are responsible for the logistics network, transportation, and cross-border supply of goods. The primary industry category is CEP services between agriculture and other natural resources.

Courier, Express and Parcel (CEP) Market – Regional Analysis

  1. North America
  2. APAC
  3. LATAM
  4. Europe
  5. MEA

By value, Asia-Pacific is the largest regional market, accounting for around 41% of the global market. Demand for CEP services in the Asia-Pacific region is expected to expand substantially over the projected period, owing to large population expansion, rising disposable incomes and living standards, and development in international trade.

Electronic device penetration is increasing in China, Taiwan, Korea, and Thailand. The courier, express, and package sector will gain from this, as well as the increased availability of different online payment methods, changing lifestyles owing to urbanisation, and the development in electronic items, autos, and food and beverage shipments.

Southeast Asia is one of the globe's rising hotspots, attracting investors from all around the world. Across the coming years, e-commerce is predicted to grow in the region. Over the next few years, the rise in contract manufacturing of FMCGs in emerging nations will have a substantial impact on courier, express, and package service growth.

In Europe, The emerging markets with the fastest relative growth, albeit from a lower base, are Russia (up 11% in revenue and 9% in volume) and Turkey (up 19% in revenue and 5% in volume). The top performers among mature markets were Germany (up 6% in revenue and volume), the United Kingdom (up 4% in revenue and 6% in volume), and France (up 4% in revenue and 5% in volume).

The Netherlands' expansion in foreign commerce is due to the location of European distribution centres, whereas other small nations with a high population density, such as Austria and Denmark, have also boosted their proportion of international business.

Market Leaders

FedEx and DHL are the leading companies of the global courier, express and parcel (CEP) market.

Key Players

  1. United Parcel Service (US)
  2. SF Express (China)
  3. Poste Italiane (Italy)
  4. TNT (Netherlands)
  5. Blue Dart (India)
  6. Gati (India)
  7. DTDC (India)
  8. Aramex (Middle East)
  9. La Poste (France)
  10. Yamato Transport Co (Japan)

Impact of COVID-19 on Courier, Express and Parcel (CEP) Market

During the COVID-19 delivery shutdown, government restrictions on non-essential commodities deliveries hindered the CEP industry around the world, lowering revenue to half of what it was before the pandemic. The CEP market saw various prospects as the need for healthcare equipment, pharmaceuticals, and heavy machinery in hospitals surged. The COVID-19 vaccination procedure needs on-time delivery and a robust supply chain network, providing multiple opportunities for CEP market players. The pandemic has also boosted online purchases, which has boosted the CEP market's growth.

Recent Developments

  • As part of its sustainability plan, Deutsche Post AG has reached an agreement with Neste Oyj, under which the Finnish firm will supply it with sustainable aviation fuels in the United Kingdom until mid-2022. The German freight-and-logistics conglomerate said it would spend roughly 60 million euros ($69.6 million) on SAFs for its DHL Express branch at East Midlands Airport in the United Kingdom.
  • SF Airlines, China's largest air cargo carrier, has dispatched more than 60 freighters to meet the country's massive shopping spree's soaring rapid delivery expectations. These all-cargo freighters are in place to assure effective air delivery around the "Double 11" internet shopping binge on November 11. In addition to increasing freighter capacity, the cargo airline has established more than ten additional routes to accommodate demand and connect various locations with the country's eastern region, which is home to a big e-commerce cluster.
  • The banking arm of French postal operator La Poste proposes to buy a share in French insurer CNP from banking firm BPCE, and then launch an offer to buy the whole of the insurer for 15 billion euros ($17.40 billion). BPCE will sell its 16 per cent investment in CNP to La Banque Postale for 21.90 euros per share, a 36 per cent premium to the stock's October 2021 closing price.
  • Yamato Holdings, a major transportation company, is forming partnerships with distant areas to test the idea of using drones to carry prescription drugs to the elderly. Yamato has formed agreements with two local governments to meet this anticipated need: Wake town (population 14,000) in Okayama Prefecture and Naka town (population 7,500) in Tokushima Prefecture.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Courier, Express and Parcel (CEP) Market, By Business                            

                                6.1.1 B2B            

                                6.1.2 B2C            

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Courier, Express and Parcel (CEP) Market, By Destination                       

                                6.2.1 Domestic 

                                6.2.2 International          

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis              

                                6.2.5 Market Attractiveness Index           

                6.3 Courier, Express and Parcel (CEP) Market, By End-User                           

                                6.3.1 Services   

                                6.3.2 Wholesale and Retail Trade             

                                6.3.3 Manufacturing      

                                6.3.4 Construction          

                                6.3.5 Utilities and Primary Industries      

                                6.3.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.7 Y-o-Y Growth Rate Analysis              

                                6.3.8 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Courier, Express and Parcel (CEP) Market, by Region                  

                7.2 North America - Market Analysis (2021 - 2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Business            

                                7.2.3 By Destination       

                                7.2.4 By End-User           

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Business            

                                7.3.3 By Destination       

                                7.3.4 By End-User           

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Business            

                                7.4.3 By Destination       

                                7.4.4 By End-User           

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Business            

                                7.5.3 By Destination       

                                7.5.4 By End-User           

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Business            

                                7.6.3 By Destination       

                                7.6.4 By End-User           

8. Key Player Analysis                                    

                8.1 United Parcel Service                             

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 SF Express                   

                8.3 Poste Italiane                             

                8.4 TNT                

                8.5 Blue Dart                     

                8.6 Gati               

                8.7 DTDC                             

                8.8 Aramex                        

                8.9 La Poste                      

                8.10 Yamato Transport Co                           

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Business, Destination, End-User along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Global Courier, Express and Parcel (CEP) Market By Region, From 2021-2026 ( USD Billion )
  2. Global Courier, Express and Parcel (CEP) Market By Business, From 2021-2026 ( USD Billion )
  3. Global B2B Market By Region, From 2021-2026 ( USD Billion )
  4. Global B2C Market By Region, From 2021-2026 ( USD Billion )
  5. Global Courier, Express and Parcel (CEP) Market By Destination, From 2021-2026 ( USD Billion )
  6. Global Domestic  Market By Region, From 2021-2026 ( USD Billion )
  7. Global International Market By Region, From 2021-2026 ( USD Billion )
  8. Global Courier, Express and Parcel (CEP) Market By End-User , From 2021-2026 ( USD Billion )
  9. Global Services Market By Region, From 2021-2026 ( USD Billion )
  10. Global Wholesale and Retail Trade Market By Region, From 2021-2026 ( USD Billion )
  11. Global Manufacturing Market By Region, From 2021-2026 ( USD Billion )
  12. Global Construction Market By Region, From 2021-2026 ( USD Billion )
  13. Global Utilities and Primary Industries Market By Region, From 2021-2026 ( USD Billion )

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