The Vietnam Courier, Express, and Parcel (CEP) Market Report is Segmented by Destination (Domestic and International), Speed of Delivery (Express and Non-Express), Model (Business-To-Business (B2B), and More), Shipment Weight (Heavy Weight, Light Weight, and Medium Weight), Mode of Transport (Air, Road, and Others), and End User Industry (E-Commerce, and More). The Market Forecasts are Provided in Terms of Value (USD).

The Global Courier, Express, and Parcel (CEP) Market Report is Segmented by Destination (Domestic and International), by Speed of Delivery (Express and More), by Model (Business-To-Business and More), by Shipment Weight (Heavy Weight Shipments and More), Mode of Transport (Air and More), by End User Industry (E-Commerce and More), and by Geography (Asia-Pacific and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2022, according to Effigy Consulting, some ****** million parcels were delivered in the courier, express and parcel (CEP) market in Europe. The study is a consolidation of the following countries: Austria, Belgium-Luxembourg, Bulgaria, Croatia, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom.

In 2022, according to Effigy Consulting, some *** million parcels were delivered in the courier, express and parcel (CEP) market in Mexico. The study is a consolidation of the following carriers: Amazon, Correos de Mexico, DHL Express, Estafeta, FedEx, MELI, Paquetexpress, Redpack, SCM, SendEx, Tresguerras, UPS and others (rest of the market).

In 2020, the global courier, express and parcel market is expected to be worth ***** billion euro. Global courier, express and parcel (CEP) market As the customer needs change with the economic evolution, the market responds to particular changes to create new opportunities. The introduction of courier, express and parcel (CEP) services is an example of this development in the logistics and transportation industry. In simple terms, the CEP market provides traditional postal services faster and more reliable. In 2018, DHL, FedEx and UPS made up ** percent of the courier and local delivery service market share globally. Although three firms are the major market dominants, the global logistics industry is highly competitive. Firms providing logistics and transportation services are subject to a multitude of trade policies which could favor some companies over the others to provide the same service. Therefore, logistics and transportation firms face challenges in keeping a stable revenue growth path. Deutsche Post DHL Deutsche Post DHL is a major German logistics and transportation firm and a leading company in the world with a progressive growth strategy to sustain its market position. Acquiring the DHL company was one of the main strategies of the Deutsche Post to improve its market dominance. Now DHL is a division of Deutsche Post providing global CEP services mostly. Between 2006 and 2020, the revenue of Deutsche Post DHL fluctuated around ** billion euros, generating **** billion euros in 2020. In that year, just over **** billion euros of Deutsche Post DHL was generated from its operations in Germany and roughly ** billion euros from its operations in the Americas region.The total assets of Deutsche Post DHL grew at a steady pace since 2009, reaching **** billion euros in 2020.

Courier, Express, and Parcel (CEP) Market Outlook

According to our latest research, the global Courier, Express, and Parcel (CEP) market size reached USD 570.8 billion in 2024, demonstrating robust expansion driven by surging e-commerce activities and evolving consumer expectations for rapid, reliable deliveries. The market is projected to grow at a steady CAGR of 7.1% during the forecast period, reaching approximately USD 1,057.2 billion by 2033. This growth is fueled by technological advancements, globalization of trade, and the increasing adoption of omnichannel retail strategies, positioning the CEP market as a critical enabler of global commerce.

The rapid proliferation of e-commerce platforms is the most significant growth catalyst for the Courier, Express, and Parcel market. As consumers increasingly turn to online shopping for convenience and variety, retailers and marketplaces are compelled to offer faster and more reliable delivery options to remain competitive. This trend has led to an exponential rise in parcel volumes, particularly in urban areas, necessitating investment in last-mile delivery solutions, smart logistics, and real-time tracking systems. Furthermore, the COVID-19 pandemic has permanently altered consumer behavior, accelerating the adoption of home delivery services even among demographics previously less engaged with online retail. The result is a surge in demand for CEP services, prompting providers to innovate with contactless deliveries, flexible drop-off points, and enhanced customer communication platforms.

Technological innovation is another key driver shaping the CEP market landscape. The integration of advanced technologies such as artificial intelligence, machine learning, Internet of Things (IoT), and automation is revolutionizing operational efficiency and customer experience. Predictive analytics enable more accurate demand forecasting and route optimization, reducing operational costs and delivery times. Automation in sorting centers and the deployment of autonomous vehicles and drones for last-mile delivery are gradually transitioning from pilot projects to mainstream solutions. These advancements not only improve service reliability and scalability but also address labor shortages and environmental concerns by optimizing resource utilization. As a result, technology adoption is becoming a competitive differentiator for CEP providers, spurring further investment and market consolidation.

The globalization of trade and the expansion of cross-border e-commerce are further amplifying the demand for international CEP services. Small and medium-sized enterprises (SMEs) are increasingly leveraging global marketplaces to reach customers beyond their domestic markets, creating a need for seamless, cost-effective, and transparent shipping solutions. Regulatory harmonization, trade agreements, and digital customs clearance are reducing barriers to international shipping, while consumers’ expectations for fast, trackable, and affordable cross-border deliveries are rising. CEP companies are responding by investing in global logistics networks, forging strategic alliances, and offering value-added services such as customs brokerage, insurance, and returns management. This dynamic is fostering intense competition and innovation, particularly in emerging markets where e-commerce penetration is accelerating.

From a regional perspective, Asia Pacific is emerging as the dominant force in the global CEP market, accounting for the largest share in 2024 and projected to maintain its leadership through 2033. The region’s growth is underpinned by its massive population, burgeoning middle class, and rapid digitalization, particularly in China, India, and Southeast Asia. North America and Europe continue to represent mature, high-value markets characterized by sophisticated logistics infrastructure and high consumer expectations for delivery speed and reliability. Meanwhile, Latin America, the Middle East, and Africa are witnessing rapid growth due to rising internet penetration, urbanization, and investments in logistics infrastructure, presenting lucrative opportunities for market entrants and established players alike.

The United States Courier, Express, and Parcel (CEP) Market Report is Segmented by Destination (Domestic and International), Speed of Delivery (Express and Non-Express), Model (Business-To-Business (B2B) and More), Shipment Weight (Heavy Weight Shipment, Light Weight Shipment, and More), Mode of Transport (Air, Road, and Others), and End User Industry (E-Commerce and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2022, according to Effigy Consulting, some ****** million parcels were delivered in the courier, express and parcel (CEP) market in the USAThe study is a consolidation of the following carriers: Amazon, DHL eCommerce, DHL Express, FedEx Express, FedEx Ground, GLS, Greyhound, LaserShip, LSO, OnTrac, Pitt Ohio, UDS, UPS, USPS and others (rest of the market).

In 2021, China ranked first in terms of the volume of parcels delivered by CEP carriers globally. That year, China's carriers delivered some *** billion parcels. The United States ranked second with about **** billion parcels delivered on its CEP market in 2021.

The Italy courier, express, and parcel (CEP) market size is projected to exhibit a growth rate (CAGR) of 5.9% during ​2025-2033​. Technological advancements, including automated sorting systems, real time tracking, and route optimization, proliferation of e-commerce, and rapid urbanization and infrastructure development represents some of the key factors driving the growth of the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2025-2033​. Our report has categorized the market based on service type, destination, type and end-use sector.

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US Courier, Express, And Parcel Market Size 2024-2028

The US courier, express, and parcel (CEP) market size is forecast to increase by USD 28.5 billion at a CAGR of 5.4% between 2023 and 2028.

The courier, express, and parcel (CEP) market In the US is witnessing significant growth due to the adoption of advanced technologies such as GPS, predictive analytics, and automation in logistics and supply chain networks. The integration of last-mile delivery models with CEP companies is also driving market growth, as consumers increasingly demand faster and more convenient delivery options. However, the market is facing challenges from sharing-based business models, which are disrupting traditional CEP business models. The COVID-19 pandemic has further accelerated the trend towards e-commerce and the need for efficient and reliable CEP services, particularly In the delivery of vaccines and other time-sensitive goods.

What will be the size of the US Courier, Express, And Parcel (CEP) Market during the forecast period?

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The market in the global economy experiences significant activity, driven primarily by theincrease in e-commerce sales and the increasing preference for convenient and fast delivery options among consumers. CEP (Courier, Express, and Parcel) volumes continue to rise, fueled by the integration of returns management solutions in physical stores and the growing popularity of 'Happy Returns' and similar services. The transportation services sector, comprised of couriers and messengers, as well as postal service workers, plays a pivotal role in this market. Key players in this sector include major retailers such as eBay, Walmart, Target, and Apple, who leverage their logistics capabilities to offer seamless delivery options to customers.
The market also benefits from advancements in air travel and water transportation, as well as the development of port infrastructure and maritime administration. Furthermore, the increasing reliance on CEP services is influenced by various macroeconomic factors, including gasoline and petroleum prices, refining capacity, and refinery accidents. Despite these challenges, the market remains a dynamic and growing sector, demonstrating resilience and adaptability In the face of changing consumer demands and market conditions.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Consumer

  B2B
  B2C
  C2C


Delivery

  Domestic
  International


Geography

  US

By Consumer Insights

The B2B segment is estimated to witness significant growth during the forecast period.

The market caters to both business-to-business (B2B) and business-to-consumer (B2C) transactions. B2B transactions involve corporations procuring goods for their operations, contributing significantly to the supply chain. The B2B segment of the market is anticipated to expand moderately during the forecast period, driven by the expanding e-commerce and increasing Internet penetration In the US. Physical stores continue to leverage CEP services for returns management through partners like Happy Returns. Consumers increasingly rely on CEP for convenient last-mile delivery. Key industries such as eBay, Walmart, Target, Apple, and others contribute substantially to CEP volumes.

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The B2B segment was valued at USD 42.00 billion in 2018 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of US Courier, Express, And Parcel (CEP) Market?

The key driver of the market is the adoption of new technologies in courier, express, and parcel supply chain network systems.

The market is experiencing significant growth due to advancements in technology. These innovations are revolutionizing the industry by providing real-time parcel tracking, eliminating delivery uncertainties, and enhancing convenience for consumers. Key technologies driving this transformation include global positioning systems (GPS), bar-coding, management information systems (MIS), 3D printing, robotics, radio frequency identification (RFID), warehouse management software, and transportation management software. companies are also investing in mobility technologies to improve last-mile connectivity. For instance, FedEx Corp. Partnered with Chanje Energy Inc. In February 2020 to enhance their last-mile delivery capabilities. Consumer

The size of the Europe Courier, Express, and Parcel (CEP) Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.00">> 4.00% during the forecast period. Recent developments include: September 2023: The Otto Group plans to deploy Covariant robots to increase operational efficiency, build resilience against labor market challenges, and improve the overall quality of work within their fulfillment centers.September 2023: Logista Libros, a part of the Logista Group, announced that it had opened a new facility specifically for e-commerce in Spain to increase storage capacity and productivity in the preparation of e-commerce orders. This new facility is an extension of the company’s distribution center in Cabanillas del Campo.July 2023: Logista completed the acquisition of Gramma Farmaceutici, a company specializing in logistics services for the Italian pharmaceutical industry. This strategic acquisition was a part of Logista's expansion plan in Italy to further strengthen its position in pharmaceutical distribution.. Key drivers for this market are: Increasing consumption of canned and frozen food, Growth urbanization and increased adoption of healthy lifestyle. Potential restraints include: Limited self-life of frozen food, Growing awareness regarding the consumption of fresh vegetables and fruits. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Domestic Courier, Express and Parcel Market size is expected to reach a valuation of USD 1218.29 billion in 2033 growing at a CAGR of 11.5%. The Domestic Courier, Express and Parcel market research report classifies market by share, trend, demand, forecast and based on segmentation.

The Indonesia Courier, Express, and Parcel (CEP) Market Report is Segmented by Destination (Domestic and International), Speed of Delivery (Express and Non-Express), Model (Business-To-Business (B2B), and More), Shipment Weight (Heavy Weight, Light Weight, and Medium Weight), Mode of Transport (Air, Road, and Others), and End User Industry (E-Commerce, and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2023, the market value of courier, express, and parcel (CEP) services in Thailand amounted to around ** billion Thai baht. The CEP market value has increased recently, benefiting from the rising demand for online shopping during the COVID-19 pandemic. The use of courier services amid COVID-19 pandemic in Thailand Thai consumers have been enjoying the convenience of e-commerce for the past several years. With the COVID-19 pandemic, the preference for online shopping and having goods delivered to the home has accelerated. However, with lockdown measures and other rules imposed during this time, courier services faced restrictions such as curfews. Nonetheless, the revenue generated from last-mile delivery in Thailand still increased from the previous few years. The Thai courier market is highly competitive, with a mix of established operators and newcomers. In 2020, state-owned Thailand Post held the largest share of the market in terms of delivery volume, followed by Kerry Express.

The US Courier, Express, and Parcel Market size was valued at USD 183 Billion in 2024 and is projected to reach USD 254 Billion by 2032, growing at a CAGR of 8.6% from 2025 to 2032.

Key Market Drivers:

E-commerce Growth: The tremendous rise of e-commerce has been a major driver of the CEP market. According to the US Census Bureau, e-commerce sales in the United States will reach $1.09 trillion in 2023, up 7.4% from 2022. This rise closely correlates with an increased need for delivery services, since about 95% of all e-commerce transactions necessitate some type of parcel delivery.

Last-Mile Delivery Innovations: The focus on last-mile delivery efficiency has resulted in substantial market growth. According to the U.S. Department of Transportation, urban last-mile delivery trucks accounted for roughly 15% of overall urban traffic in 2023, with a 36% growth expected by 2030. Companies made significant investments in last-mile optimization to satisfy rising demand.

In 2023, the courier, express and parcel (CEP) market was estimated to reach the volume of *** billion pieces in India. It was forecasted that in 2030, the market volume would reach *** billion pieces. Lockdowns introduced due to the coronavirus pandemic have accelerated the e-commerce section and boosted the CEP sector.

In 2024, according to Effigy Consulting, some ***** million parcels were expected to be delivered in the courier, express, and parcel (CEP) market in Slovakia.

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Japan Courier, Express, and Parcel (CEP) Market size was valued at USD 24.90 Billion in 2024 and is projected to reach USD 49.62 Billion by 2032, growing at a CAGR of 9% from 2026 to 2032.

Japan's CEP market is driven by the booming e-commerce sector, fueled by high internet penetration and consumer preference for fast, reliable deliveries. Urbanization and the rise of same-day and next-day delivery services further boost demand for efficient logistics solutions.

Technological advancements, including automation and AI-driven route optimization, enhance delivery speed and efficiency. Growing cross-border trade and increasing demand for temperature-controlled shipments, especially for pharmaceuticals and perishables, also drive market expansion.