Courier, Express and Parcel (CEP) Industry Analysis is Segmented By Business (B2B, B2C and C2C), Destination (Domestic and International), By End User (Services, Wholesale and Retail Trade, Manufacturing, Construction and Utilities, and Primary Industries), and By Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers the market size and forecasts in value (USD) for all the above segments.

The United States Domestic Courier Market is segmented by Speed Of Delivery (Express, Non-Express), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others) and by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

The United States Courier, Express, and Parcel (CEP) Market is segmented by Destination (Domestic, International), by Speed Of Delivery (Express, Non-Express), by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by Mode Of Transport (Air, Road, Others) and by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

In the fiscal year of 2023, the average packages delivered daily by FedEx Express amounted to approximately 5.58 million packages. FedEx Corporation's financial figures The U.S.-based courier delivery services company, FedEx Corporation generated over 90 billion U.S. dollars in revenue in fiscal year of 2023. FedEx Corporation comprised of FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. In that same fiscal year, FedEx Corporation’s total assets amounted to over 87 billion U.S. dollars. The parcel market The global courier, express and parcel (CEP) market doubled in size between 2009 and 2019 and is expected to be worth more than 501 billion U.S. dollars in 2024. In 2021, DHL was ranked as the largest global couriers and local delivery service provider, with a 43-percent-share of the global market.

Between the fiscal year of 2004 and 2023, the annual revenue of the U.S. Postal Services (USPS) fluctuated around 70 billion U.S. dollars. In the fiscal year of 2023, the USPS generated annual revenue of nearly 78.2 billion U.S. dollars. Past and present of USPS USPS was formed in 1971 as an independent agency in the U.S. to provide country-wide postal services. In the fiscal year of 2022, U.S. Postal Services made almost 12 billion U.S. dollars in revenue from its priority mail services. In that same year, the company’s mail volume was equivalent to over 116 billion total mail units but has been declining since 2006 continuously. Global postal services and USPS Postal services provide one of the major means of communication and transportation between individuals. In 2020, the global postal industry revenue amounted to some 443 billion euros worldwide. That same year, the global courier, express and parcel (CEP) market was worth over 375 billion euros. Globally three postal companies are considered as legacy providers - FedEx, UPS, and DHL. In 2021, the global market share of USPS was considerably lower than the other legacy providers, where DHL, FedEx and UPS held 43, 30 and 23 percent of the total market respectively.

The Europe Domestic Courier Market is segmented by Speed Of Delivery (Express, Non-Express), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others), by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)) and by Country (Albania, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Romania, Russia, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

In 2022, there were approximately 11,210 couriers and messengers employed in the state of California. In that same year, couriers and messengers in the United States earned on average 17.43 U.S. dollars per hour.

The Pakistan Courier, Express, and Parcel (CEP) Market is segmented by Destination (Domestic, International), by Speed Of Delivery (Express, Non-Express), by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by Mode Of Transport (Air, Road, Others) and by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

The South Africa Courier, Express, and Parcel (CEP) Market is segmented by Destination (Domestic, International), by Speed Of Delivery (Express, Non-Express), by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by Mode Of Transport (Air, Road, Others) and by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

The Courier Services Market is projected to grow at 7.7% CAGR, reaching $652.54 Billion by 2029. Where is the industry heading next? Get the sample report now!

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International Courier Market Size 2024-2028

The international courier market size is forecast to increase by USD 136.1 billion at a CAGR of 9.19% between 2023 and 2028. The market is experiencing significant growth, driven by advancements in technology and a heightened focus on sustainability initiatives. Customs and trade regulations continue to shape the industry, necessitating innovative solutions for efficient logistics management. Last mile delivery innovation is a key trend, with personalized delivery options and blockchain integration becoming increasingly popular. Collaborative logistics and one-time code delivery systems are also gaining traction, streamlining the delivery process and enhancing security. Mobile apps are transforming the way customers interact with courier services, providing real-time tracking and convenient delivery scheduling. Strategic acquisitions and partnerships are shaping the competitive landscape, as companies seek to expand their reach and offerings. Overall, the market is undergoing a period of transformation, with a strong emphasis on innovation, sustainability, and customer convenience.

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The market is a critical component of the global logistics industry, facilitating the swift and secure transport of goods across borders. This sector has seen significant advancements in recent years, driven by the growth of online trading, e-commerce, and the increasing demand for B2B and B2C services. The integration of technology, particularly the Internet of Things (IoT) and Big Data analysis, has revolutionized the courier industry. Rapid delivery, secure delivery, and express delivery have become the norm, with tracking systems enabling real-time monitoring of shipments. Logistics companies are leveraging data analytics to optimize their operations, improve service quality, and enhance customer experience.

Similarly, startups have disrupted traditional business models, introducing innovative solutions such as customized delivery, environmental sustainability, and cross-border logistics. Regulatory changes have also influenced the market, with an increasing focus on secure delivery and compliance with international regulations. The use of blockchain technology is gaining traction in the courier market, offering enhanced security and transparency. Robotics and automation are being adopted to streamline processes and reduce manual labor. The emergence of drone delivery and autonomous delivery systems is set to revolutionize the industry further, offering same-day delivery and reducing the reliance on traditional courier services. Customer service remains a key differentiator, with companies investing in advanced technologies and processes to provide exceptional experiences.

Also, the sector is also embracing the digital age, with e-commerce boom driving the need for seamless integration of supply chains. In conclusion, the market is undergoing significant changes, driven by technological advancements, regulatory requirements, and evolving customer expectations. Companies that can adapt and innovate will thrive in this dynamic environment, offering rapid, secure, and customized delivery solutions to meet the demands of an increasingly interconnected world.

Market Segmentation

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.

Type

  Express delivery
  Standard delivery
  Others


Consumer

  Business-to-Consumer
  Business-to-Business
  Consumer-to-Consumer


Geography

  APAC

    China


  North America

    US


  Europe

    Germany


  South America



  Middle East and Africa

By Type Insights

The express delivery segment is estimated to witness significant growth during the forecast period.The market experienced notable growth in 2023, with the express delivery segment leading the charge. Express delivery services prioritize quick and efficient delivery of packages and documents within 1-2 days, making them an essential component of the global market. Additionally, companies are focusing on cost-effective and swift time-sensitive express courier services to cater to the increasing demand. Location-based solutions, such as GPS technology, and crowd-sourced deliveries, are also gaining popularity in the market. The use of drones and last-mile delivery solutions is becoming increasingly common in the B2B eCommerce sector and domestic and international courier services. The growth of e-commerce and urbanization are significant factors driving the expansion of the market.

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The express delivery segment was valued at USD 85.30 billion in 2018

The France Courier, Express, and Parcel (CEP) Market is segmented by Destination (Domestic, International), by Speed Of Delivery (Express, Non-Express), by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by Mode Of Transport (Air, Road, Others) and by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

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 2022, couriers and messengers in the District of Columbia, U.S earned a mean annual wage of 51,180 U.S. dollars. That same year, couriers and messengers in the United States earned on average 17.43 U.S. dollars per hour.

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Couriers Market Size 2024-2028

The couriers market size is forecast to increase by USD 115.9 billion at a CAGR of 7.18% between 2023 and 2028. In the courier industry, the medical sector holds significant importance, particularly for the transportation of lab specimens, medical supplies, and organs for organ transplant surgeries. To meet the unique requirements of this market, courier service providers are adopting advanced technologies to ensure a temperature-controlled environment during transit. This includes the use of specialized vehicles and tracking systems to maintain optimal temperature conditions. Additionally, the increasing trend of e-commerce logistics has led to a rise in demand for efficient and reliable courier services. The market is experiencing significant growth, driven by the rise in the adoption of advanced technologies to enhance logistics efficiency and reduce costs. This includes the use of real-time tracking systems, automated sorting and routing, and drones for delivery in certain areas. However, challenges persist, such as the complexity of route planning and optimization due to urbanization and congested roads. To stay competitive, courier service providers must continue to innovate and invest in technology to meet the evolving needs of their customers.

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The market is experiencing significant growth due to various factors, including the rise of omnichannel retailing, increasing international trade, and the digital transformation of businesses. Omnichannel retailing, which integrates various shopping channels such as brick-and-mortar stores, online retail portals, and mobile applications, has become a key driver for the market. With consumers expecting seamless shopping experiences, the demand for efficient and reliable delivery services has increased. This trend is particularly noticeable during peak shopping periods, such as the holiday season. Another significant trend is the growth of cross-border e-commerce.

Furthermore, the increasing international trade and internet penetration have led to a rise in cross-border shipping. This trend is further fueled by the growing number of e-retail portals that offer international shipping and the convenience of same-day delivery. The digital capabilities of businesses have also played a crucial role in the growth of the market. Fintech startups have introduced innovative payment solutions, making online transactions more secure and convenient. This has led to an increase in e-commerce sales and, in turn, the need for efficient and reliable delivery services. Moreover, the use of advanced tracking systems, automation, and route optimization has streamlined the last-mile distribution process.

Moreover, this has led to improved customer satisfaction and reduced delivery times, particularly in the business-to-business (B2B), business-to-consumer (B2C), and customer-to-customer (C2C) segments. Online grocery shopping has also emerged as a significant trend in the market. With the increasing popularity of online grocery shopping, there is a growing demand for same-day delivery services to ensure freshness and convenience. In conclusion, the market is witnessing significant growth due to various trends, including omnichannel retailing, cross-border e-commerce, and digital transformation. The need for efficient and reliable delivery services, particularly in last-mile distribution, is becoming increasingly important for businesses to remain competitive in today's market.

Market Segmentation

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

  Business to business
  Business to consumer
  Consumer to consumer


Type

  International
  Domestic


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    US


  Europe

    Germany
    UK
    France
    Spain


  Middle East and Africa



  South America

    Brazil

By Consumer Insights

The business to business segment is estimated to witness significant growth during the forecast period. The Business-to-Business (B2B) sector in the global courier market plays a pivotal role in supply chain logistics, serving the shipping and delivery requirements of corporations, manufacturers, wholesalers, and distributors worldwide. This segment concentrates on the transfer of goods and documents between businesses, facilitating trade, manufacturing, and other commercial transactions. Characterized by efficiency and dependability, the B2B segment caters to the unique needs of businesses. These needs include managing large shipment volumes, ensuring timely deliveries, and navigating complex logistics. Courier companies

The North America Courier, Express, and Parcel (CEP) Market is segmented by Destination (Domestic, International), by Speed Of Delivery (Express, Non-Express), by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by Mode Of Transport (Air, Road, Others), by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others) and by Country (Canada, Mexico, United States). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

Graph and download economic data for Producer Price Index by Industry: Couriers and Express Delivery Services: Standard Courier Services (PCU4921104921101) from Dec 1992 to Feb 2025 about deliveries, services, PPI, industry, inflation, price index, indexes, price, and USA.

The Canada Courier, Express, and Parcel (CEP) Market is segmented by Destination (Domestic, International), by Speed Of Delivery (Express, Non-Express), by Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)), by Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), by Mode Of Transport (Air, Road, Others) and by End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others). Key Data Points observed include Number of Parcels; Production Trends (Manufacturing, E-Commerce etc. in USD); Import and Export trends (in USD).

In 2020, the global courier, express and parcel market is expected to be worth 375.5 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 91 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 60 billion euros, generating 66.8 billion euros in 2020. In that year, just over 19.8 billion euros of Deutsche Post DHL was generated from its operations in Germany and roughly 13 billion euros from its operations in the Americas region.The total assets of Deutsche Post DHL grew at a steady pace since 2009, reaching 55.3 billion euros in 2020.

Japan domestic courier express and parcel market size reached USD 27,050 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 46,906 Million by 2033, exhibiting a growth rate (CAGR) of 6.3% during 2025-2033. The rising integration of advanced technologies, such as real-time tracking and route optimization, which enhances the service level, ensuring timely and secure deliveries is primarily driving the market growth.

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 business model, type, and end user.