The Canada 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 2022, according to Effigy Consulting, some 1367 million parcels were delivered in the courier, express and parcel (CEP) market in Canada.

The study is a consolidation of the following carriers: Amazon, Canada Post, DHL eCommerce, DHL Express, FedEx Express, FedEx Ground, GLS, Intelcom, Purolator, TFI International, UPS and others (rest of the market).

This table contains 38 series, with data for years 1998 - 2008 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada), Revenues and expenditures (19 items: Total revenue; Non-operating revenue; Total operating revenue; Revenue from sales of goods and services; ...), Activity (2 items: Couriers; Local messengers and local delivery).

In 2022, UPS and Canada Post were the leading parcel shipping provider in Canada. In that year, ** percent of parcels were shipped by both companies, while the Canadian package delivery company Purolator came second, with ** percent.

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

Post-pandemic normalization and competitive fragmentation have compressed industry revenue over the past five years. The sharp 27.3% drop in 2021, as online retail's extraordinary pandemic surge unwound, was followed by a modest recovery. However, revenue remains well below the 2020 peaks. Fuel price volatility has forced carriers to continuously adjust surcharges, while the structural drop in letter mail volumes has accelerated the shift toward parcel networks. Meanwhile, delivery platforms and low-cost nonemployers have fragmented market share. Profit margin stabilized at 12.6% of revenue in 2025, compared with 11.7% in 2020, reflecting cost actions and network restructuring. The industry contracted at a CAGR of 4.2% through 2025, with revenue reaching $14.9 billion, a 1.4% gain from 2024. Tariff-driven cross-border friction and platform-driven multihoming intensified price competition and eroded yields, particularly in inbound international segments where consolidators now capture volume outside traditional channels. Large incumbents, such as Canada Post, have struggled, reporting a loss of $841.0 million before tax for 2024. Small, agile competitors leverage low-wage part-time labour to undercut national carriers on dense urban corridors. A 32-day work stoppage during peak season further limited 2024 volumes and revenue by 20.3% and 19.9%, respectively, for Canada Post. Many customers who are diverted remain with their rivals afterward. Despite ongoing consolidation by large carriers like TFI International, which has completed over 130 acquisitions, new entrants and platform-enabled services continue to expand. This has kept industry concentration volatile over the last three years. Looking ahead, improving economic conditions and sustained e-commerce penetration will support a gradual recovery in revenue. Tariff regimes and policy uncertainty will continue to be headwinds for cross-border flows. Adopting seven-day delivery will help large carriers secure larger volumes. Automation and AI-driven route optimization will compress unit costs, freeing up profit for incumbent networks. Lower oil prices will reduce operating costs and fuel surcharge revenue simultaneously, requiring carriers to tighten base rates. Meanwhile, the proliferation of delivery apps and digital solutions will erode traditional document delivery, leaving only niche legal and regulated parcels in that category. The industry will likely expand at a CAGR of 1.3% through 2030, reaching revenue of $15.9 billion, with profit margin stabilizing at 12.5% of revenue.

Discover the booming Canadian Courier, Express, and Parcel (CEP) market. This in-depth analysis reveals key trends, growth drivers, and market segmentation from 2019-2033, including insights on major players like UPS, FedEx, and Canada Post. Learn about the impact of e-commerce and explore future growth projections. Recent developments include: July 2023: With the USD 9.6 million investment, DHL Express acquired a location closer to the commercial core in downtown Denver. The new DHL Service Point includes nearly 56,000 sq. ft of combined warehouse and office space, along with 60 positions for vehicles to load and unload shipments around its conveyable sorting system.March 2023: UPS entered a partnership with Google Cloud, where Google will help UPS by putting radio-frequency identification chips on packages to track them efficiently.March 2023: Asendia and Omniva, the Estonian National Postal Operator, signed a strategic partnership to help e-tailers expand their sales into established and emerging markets and cover Asendia's full range of e-PAQ services.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Canada Courier, Express, and Parcel (CEP) market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.

Couriers and messengers services price index (CMSPI) by North American Industry Classification System (NAICS). Monthly data are available from January 2010. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2019=100).

The Canadian Courier, Express, and Parcel (CEP) market is booming, with a CAGR exceeding 4% and projected to reach $XX million by 2033. This in-depth analysis explores market drivers, trends, and key players, providing insights for businesses in e-commerce, logistics, and beyond. Discover the future of delivery in Canada. Recent developments include: July 2023: With the USD 9.6 million investment, DHL Express acquired a location closer to the commercial core in downtown Denver. The new DHL Service Point includes nearly 56,000 sq. ft of combined warehouse and office space, along with 60 positions for vehicles to load and unload shipments around its conveyable sorting system.March 2023: UPS entered a partnership with Google Cloud, where Google will help UPS by putting radio-frequency identification chips on packages to track them efficiently.March 2023: Asendia and Omniva, the Estonian National Postal Operator, signed a strategic partnership to help e-tailers expand their sales into established and emerging markets and cover Asendia's full range of e-PAQ services.. 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.

Forecast: Self-Employed People in Postal and Courier Services Sector in Canada 2024 - 2028 Discover more data with ReportLinker!

In 2021, there were close to ****** businesses in the couriers and local delivery services market in Canada. Over the recent years, the Canadian market for local delivery and couriers services experienced an expanding trend.

Number of Businesses statistics on the Couriers & Local Delivery Services industry in Canada

USD 11.76 Billion in 2024; projected USD 17.06 Billion by 2033; CAGR 4.15%.

The Canada White Glove Delivery Service Market report segments the industry into By Type of Shipment (Business-to-Business (B2B) Shipments, Business-to-Consumer (B2C) Shipments), By Type of Service (Warehousing and Fulfillment, Delivery/Transportation, Installation, Set-up, and Assembly, and more), and By Application (Furniture and Home Goods, Electronics and Appliances, Healthcare and Medical Equipment, and more).

In 2019, platform solutions constituted the largest segment in the drone package delivery system market in Canada, amounting to **** million U.S. dollars. By 2030, software solutions, the second-largest segment in the Canadian drone package delivery system market, will amount to over ***** million U.S. dollars.

According to Cognitive Market Research, the global International Courier market size was USD 52614.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 21045.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15784.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 12101.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2630.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1052.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
The E-commerce stands out as the dominant end-user industry. This dominance is driven by the exponential growth of online shopping and the increasing volume of cross-border e-commerce transactions

Market Dynamics of International Courier Market

Key Drivers for International Courier Market

Surge in Cross-Border E-commerce to Boost Market Growth

The exponential growth of cross-border e-commerce is one of the most significant drivers of the international courier market. As consumers increasingly turn to online platforms to purchase goods from international sellers, there is a rising need for fast, reliable, and secure delivery services. E-commerce giants, along with smaller online retailers, are expanding globally, creating a demand for courier companies to bridge the logistics gap between sellers and buyers across borders. The need for efficient customs clearance, end-to-end shipment tracking, and time-sensitive delivery has prompted courier companies to innovate and expand their international operations, further fueling market growth. For instance, in June 2023, International Express expanded its services by offering global courier services. It offers services such as packaging, parcel insurance, import-export courier account, customs clearance, and pre- and post-customer support from Jaipur to the United States, the United Kingdom, Canada, the United Arab Emirates, Australia, Singapore, and Saudi Arabia

Globalization and Expansion of Business Operations to Drive Market Growth

Another key driver is the increasing globalization of business operations. As companies expand into international markets to tap into new customer bases, the demand for international logistics services has risen significantly. Businesses now require timely and efficient courier services to ensure the seamless movement of documents, products, and supplies across borders. The ability to quickly and efficiently ship to multiple countries is critical to maintaining business continuity, especially for industries that rely on just-in-time supply chains. This trend is particularly prevalent in sectors like manufacturing, pharmaceuticals, and technology, where time-sensitive shipments are crucial for operations.

Restraint Factor for the International Courier Market

Rising Shipping Costs and Fuel Price Volatility, will Limit Market Growth

A major restraint in the international courier market is the rising shipping costs, driven by the volatility in fuel prices. Fluctuations in oil prices directly affect transportation expenses, making it difficult for courier companies to maintain consistent pricing. The increased costs are often passed on to consumers, which can lead to reduced demand, especially in price-sensitive markets. Additionally, fuel surcharges and the cost of maintaining a global logistics infrastructure add to the operational expenses, limiting profitability and discouraging small to medium-sized businesses from opting for international courier services.

Impact of Covid-19 on the International Courier Market

The COVID-19 pandemic had a profound impact on the international courier market, both challenging and transforming it. During the initial outbreak, widespread lockdowns, travel restrictions, and disrupted supply chains cau...

The North America Same Day Delivery Market Report is Segmented by End User Industry (E-Commerce, Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade, and Others), Destination (Domestic and International), Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, and More), Mode of Transport (Air, Road, and Others), and Country (Canada and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2021, according to Effigy Consulting, **** billion parcels were delivered in the courier, express and parcel (CEP) market in Canada, Mexico, and the United States. The study is a consolidation of the following carriers: Canada: Amazon, Canada Post, DHL Express, Dicom, FedEx, Greyhound, Intelcom, Purolator, TFI International, UPS and others (rest of the market); Mexico: Correos de Mexico, DHL Express, Estafeta, FedEx, Paquetexpress, Redpack, SCM, SendEx, Tresguerras, UPS and others (rest of the market); United States: Amazon, DHL eCommerce, DHL Express, FedEx, GLS, Greyhound, LaserShip, LSO, OnTrac, Pitt Ohio, UPS, USPS and others (rest of the market).

Discover the latest insights into the booming North American postal services market. Explore market size, growth trends, key players (USPS, Canada Post, UPS, FedEx), and segment analysis (express, standard, parcels). Projecting to 2033, this analysis reveals opportunities and challenges in this dynamic industry. Recent developments include: February 2022: In a bid to capture more packages for next-day delivery, the United States Postal Service has created a new, cheaper parcel service called 'USPS Connect Local.' The service will enable shippers to get next-day, first-class service on document packages of up to 13 ounces for USD 2.95, according to an order from the Postal Regulatory Commission. The USPS also will offer expedited service on shipments under new 'USPS Connect Regional' and 'USPS Connect National' programs. The agency also created a fourth program to help speed product return parcels. The program is called 'USPS Connect Returns' and promises free return package pickups by letter carriers or drop-offs at post offices., May 2022: Canada Post unveiled its new leading-edge zero-carbon parcel sorting facility that will have the capacity to process more than one million packages a day. The Albert Jackson Processing Centre will be a key hub for the company's national network and improve service for Canadians when it officially opens in early 2023. The USD 470 million state-of-the-art facility, located at 1395 Tapscott Road in Scarborough, will help Canada Post meet the rapidly changing needs of Canadians and businesses across the country. The additional capacity will allow the company to handle the continued growth in online shopping for years to come. The Corporation plans to increase parcel capacity by more than 50% across its network over the next seven years to manage the demand beyond 2030.. Notable trends are: eCommerce Opens Opportunities for Postal Services.