Courier, Express, and Parcel Market to grow at a CAGR of 7.07% from 2022 to 2027| Express Ltd., FedEx Corp., First Flight Courier Ltd., and more to emerge as key players

NEW YORK, July 17, 2023 /PRNewswire/ — The courier, express, and parcel market size is estimated to grow by USD 162.5 billion from 2022 to 2027 at a CAGR of 7.07% according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors, including Allied Express Transport Pty Ltd., Aramex International LLC, Deutsche Post AG, DTDC Express Ltd., FedEx Corp., First Flight Courier Ltd., India Post, Japan Post Holdings Co. Ltd., Korea Post, La Poste, Nippon Express Holdings Inc., One World Express Inc. Ltd., Otto GmbH and Co. KG, Royal Mail Plc, SF Express Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., United States Postal Service, Yamato Transport Co. Ltd., and Canada Post Corp. Download a Sample Report Now!

Courier, express, and parcel market Insights –

• Vendors: 15+, Including Allied Express Transport Pty Ltd., Aramex International LLC, Deutsche Post AG, DTDC Express Ltd., FedEx Corp., First Flight Courier Ltd., India Post, Japan Post Holdings Co. Ltd., Korea Post, La Poste, Nippon Express Holdings Inc., One World Express Inc. Ltd., Otto GmbH and Co. KG, Royal Mail Plc, SF Express Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., United States Postal Service, Yamato Transport Co. Ltd., and Canada Post Corp., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Consumer (B2B, B2C, and C2C), delivery (international and domestic), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

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Major Drivers – The rise in FTAs to drive investments in courier, express, and parcel markets in emerging economies drives market growth. The courier, express, and parcel segment is one of the fast-growing segments of the logistics and transportation industry. However, it is highly influenced by changes in demographics and consumer behavior. The global courier, express, and parcel markets are mainly driven by the rise in international trade, which is spurred by the liberalization of trade conditions through FTA. In November 2020, India announced that it would revive talks on a possible free trade agreement (FTA) with the European Union and the US. The development of such new trade corridors and government initiatives are allowing the logistics and transportation industry across the world to reap attractive profits. In addition, vendors are engaged in merger and acquisition activities to strengthen their position in the market and capitalize on the growing trade corridors.

Significant Trends – The growing integration of last-mile delivery (LMD) models with courier, express, and parcel companies is an emerging market trend. The growing prominence of instant delivery is attracting high capital investments in startups and venture firms in the e-commerce industry. In addition, the growing demands of consumers is driving e-commerce companies to integrate LMD models to provide regular delivery, same-day delivery, instant delivery, and other value-added services. This trend is gaining momentum with increasing competition among e-commerce service providers and is expected to have a positive impact on the growth of the market.

Key challenges – The increasing threat from sharing-based business models will be a major challenge for the courier, express, and parcel market during the forecast period. The courier, express, and parcel industry is a lucrative market; therefore, it witnesses intense competition between domestic and global players. They are competing based on technologies and offering attractive freight rates using ways such as bidding on loads. Global companies are expanding their verticals and entering the transportation industry with huge investments in technology and trained labor. This expansion is driving the digital transformation in the courier, express, and parcel industry, thus resulting in cost reduction, improving operational efficiency, and ensuring service quality assurance. This is expected to pose a threat to market growth in the coming years.

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The courier, express, and parcel market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this courier, express, and parcel market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the courier, express, and parcel market between 2023 and 2027
• Precise estimation of the size of the courier, express, and parcel market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the courier, express, and parcel market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of courier, express, and parcel market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Consumer
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Delivery
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global courier, express, and parcel market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on global courier, express, and parcel market 2017 – 2021 ($ billion)

• 4.2 Consumer Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Consumer Segment 2017 – 2021 ($ billion)

• 4.3 Delivery Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Delivery Segment 2017 – 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Consumer

• 6.1 Market segments
• Exhibit 30: Chart on Consumer – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Consumer – Market share 2022-2027 (%)

• 6.2 Comparison by Consumer 
• Exhibit 32: Chart on Comparison by Consumer
• Exhibit 33: Data Table on Comparison by Consumer

• 6.3 B2B – Market size and forecast 2022-2027 
• Exhibit 34: Chart on B2B – Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on B2B – Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on B2B – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on B2B – Year-over-year growth 2022-2027 (%)

• 6.4 B2C – Market size and forecast 2022-2027 
• Exhibit 38: Chart on B2C – Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on B2C – Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on B2C – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on B2C – Year-over-year growth 2022-2027 (%)

• 6.5 C2C – Market size and forecast 2022-2027 
• Exhibit 42: Chart on C2C – Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on C2C – Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on C2C – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on C2C – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Consumer 
• Exhibit 46: Market opportunity by Consumer ($ billion)
• Exhibit 47: Data Table on Market opportunity by Consumer ($ billion)

7 Market Segmentation by Delivery

• 7.1 Market segments
• Exhibit 48: Chart on Delivery – Market share 2022-2027 (%)
• Exhibit 49: Data Table on Delivery – Market share 2022-2027 (%)

• 7.2 Comparison by Delivery 
• Exhibit 50: Chart on Comparison by Delivery
• Exhibit 51: Data Table on Comparison by Delivery

• 7.3 International – Market size and forecast 2022-2027 
• Exhibit 52: Chart on International – Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on International – Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on International – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on International – Year-over-year growth 2022-2027 (%)

• 7.4 Domestic – Market size and forecast 2022-2027 
• Exhibit 56: Chart on Domestic – Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Data Table on Domestic – Market size and forecast 2022-2027 ($ billion)
• Exhibit 58: Chart on Domestic – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Domestic – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Delivery 
• Exhibit 60: Market opportunity by Delivery ($ billion)
• Exhibit 61: Data Table on Market opportunity by Delivery ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027 
• Exhibit 67: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 83: Chart on South America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 87: Chart on US – Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on US – Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027 
• Exhibit 91: Chart on China – Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on China – Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Japan – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Japan – Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on Japan – Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.11 Germany – Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany – Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Germany – Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.12 UK – Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK – Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on UK – Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ billion)
• Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Allied Express Transport Pty Ltd. 
• Exhibit 115: Allied Express Transport Pty Ltd. – Overview
• Exhibit 116: Allied Express Transport Pty Ltd. – Product / Service
• Exhibit 117: Allied Express Transport Pty Ltd. – Key offerings

• 12.4 Canada Post Corp.
• Exhibit 118: Canada Post Corp. – Overview
• Exhibit 119: Canada Post Corp. – Product / Service
• Exhibit 120: Canada Post Corp. – Key offerings

• 12.5 Deutsche Post AG
• Exhibit 121: Deutsche Post AG – Overview
• Exhibit 122: Deutsche Post AG – Business segments
• Exhibit 123: Deutsche Post AG – Key news
• Exhibit 124: Deutsche Post AG – Key offerings
• Exhibit 125: Deutsche Post AG – Segment focus

• 12.6 DTDC Express Ltd.
• Exhibit 126: DTDC Express Ltd. – Overview
• Exhibit 127: DTDC Express Ltd. – Product / Service
• Exhibit 128: DTDC Express Ltd. – Key offerings

• 12.7 FedEx Corp.
• Exhibit 129: FedEx Corp. – Overview
• Exhibit 130: FedEx Corp. – Business segments
• Exhibit 131: FedEx Corp. – Key offerings
• Exhibit 132: FedEx Corp. – Segment focus

• 12.8 First Flight Courier Ltd. 
• Exhibit 133: First Flight Courier Ltd. – Overview
• Exhibit 134: First Flight Courier Ltd. – Product / Service
• Exhibit 135: First Flight Courier Ltd. – Key offerings

• 12.9 Japan Post Holdings Co. Ltd. 
• Exhibit 136: Japan Post Holdings Co. Ltd. – Overview
• Exhibit 137: Japan Post Holdings Co. Ltd. – Business segments
• Exhibit 138: Japan Post Holdings Co. Ltd. – Key offerings
• Exhibit 139: Japan Post Holdings Co. Ltd. – Segment focus

• 12.10 Korea Post
• Exhibit 140: Korea Post – Overview
• Exhibit 141: Korea Post – Product / Service
• Exhibit 142: Korea Post – Key offerings

• 12.11 Nippon Express Holdings Inc. 
• Exhibit 143: Nippon Express Holdings Inc. – Overview
• Exhibit 144: Nippon Express Holdings Inc. – Business segments
• Exhibit 145: Nippon Express Holdings Inc. – Key offerings
• Exhibit 146: Nippon Express Holdings Inc. – Segment focus

• 12.12 One World Express Inc. Ltd. 
• Exhibit 147: One World Express Inc. Ltd. – Overview
• Exhibit 148: One World Express Inc. Ltd. – Product / Service
• Exhibit 149: One World Express Inc. Ltd. – Key offerings

• 12.13 Royal Mail Plc
• Exhibit 150: Royal Mail Plc – Overview
• Exhibit 151: Royal Mail Plc – Product / Service
• Exhibit 152: Royal Mail Plc – Key offerings

• 12.14 SF Express Co. Ltd.
• Exhibit 153: SF Express Co. Ltd. – Overview
• Exhibit 154: SF Express Co. Ltd. – Business segments
• Exhibit 155: SF Express Co. Ltd. – Key offerings
• Exhibit 156: SF Express Co. Ltd. – Segment focus

• 12.15 Singapore Post Ltd. 
• Exhibit 157: Singapore Post Ltd. – Overview
• Exhibit 158: Singapore Post Ltd. – Product / Service
• Exhibit 159: Singapore Post Ltd. – Key offerings

• 12.16 United Parcel Service Inc. 
• Exhibit 160: United Parcel Service Inc. – Overview
• Exhibit 161: United Parcel Service Inc. – Business segments
• Exhibit 162: United Parcel Service Inc. – Key offerings
• Exhibit 163: United Parcel Service Inc. – Segment focus

• 12.17 United States Postal Service 
• Exhibit 164: United States Postal Service – Overview
• Exhibit 165: United States Postal Service – Business segments
• Exhibit 166: United States Postal Service – Key offerings
• Exhibit 167: United States Postal Service – Segment focus

13 Appendix

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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