Courier Services Market to See Massive Growth of 4,16,200

Courier Services Market

The study performs a detailed analysis of all the significant factors, including drivers, constraints, threats, challenges, prospects, and industry-specific trends, impacting the market on a global and regional scale. Additionally, the report cites worldwide market scenario along with competitive landscape of leading participants.

The North America ranks highest in courier service revenue at $101.87 billion, generating 34% of the total revenue in global. China ($77.53 billion) and Japan ($23.45 billion) follow in second and third place. The average shipping price of a parcel is $8.95 in the US, compared to $1.83 in China and $2.64 in Japan.

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Leading Players in the Courier Services Market:

UPS, FedEx, Royal Mail, DHL, China Post, Japan Post Group, SF Express, BancoPosta, YTO Expess, ZTO Express, STO Express, Yunda Express, Aramex

According to this study, over the next five years the Courier Services market will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ 416200 million by 2024, from US$ 299100 million in 2019.

Courier Services Market report provides in-depth statistics and analysis available on the market status of the Courier Services key players and is a valuable method of obtaining guidance and direction for companies and business enterprise insider considering the Courier Services market. It contains the analysis of drivers, challenges, and restraints impacting the industry.

Segmentation by product type:
o Courier
o Express

Segmentation by application:
o B2B
o B2C
o C2C

Competitive landscape

The Courier Services Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies to increase their market share. The vendors engaged in the sector are outlined based on their geographic reach, financial performance, strategic moves, and product portfolio. The vendors are gradually widening their strategic moves, along with customer interaction.

Courier Services Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America

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Fundamentals of Table of Content:

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.2 Courier Services Segment by Type
2.3 Courier Services Market Size by Type
2.4 Courier Services Segment by Application
2.5 Courier Services Market Size by Application

3 Global Courier Services by Players
3.1 Global Courier Services Market Size Market Share by Players
3.2 Global Courier Services Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 Courier Services by Regions
4.1 Courier Services Market Size by Regions
4.2 Americas Courier Services Market Size Growth
4.3 APAC Courier Services Market Size Growth
4.4 Europe Courier Services Market Size Growth
4.5 Middle East & Africa Courier Services Market Size Growth

5 Market Drivers, Challenges and Trends
5.1 Market Drivers and Impact
5.2 Market Challenges and Impact
5.3 Market Trends

To Continue……….

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