The US Courier, Express, And Parcel (CEP) Market report segments the industry into Destination (Domestic, International), Speed Of Delivery (Express, Non-Express), Model (Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)), Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), Mode Of Transport (Air, Road, Others), End User Industry.

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.

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.

Explore Market Research Intellect's Courier Express Parcel Services Market Report, valued at USD 500 billion in 2024, with a projected market growth to USD 750 billion by 2033, and a CAGR of 5.5% from 2026 to 2033.

This statistic represents the global market share of express and courier service providers in 2021. In that year, United Parcel Service (UPS) held a global market share of about ** percent. Express and courier service providers' global market share In most countries, the state once held a monopoly on mail services. Traditionally, governmental agencies have long managed the delivery of letters and parcels. Only very recently have policymakers begun to rid the public sector of such duties, although governments often retain a controlling minority stake. Germany’s Deutsche Post, for example, went public in 1995 and changed its name to Deutsche Post DHL in 2009. La Poste of France went public in 2010. In the United States, the UPS remains responsible for providing postal service but, despite collaboration with FedEx, finds itself in competition with private package delivery services. In light of the world’s growing digitization, the courier industry has adopted the use of new technologies to track vehicles and parcels. In addition to that, parcel processing systems able to sort through ****** packages in one hour have made the industry more efficient. Satellite computer systems have also improved the state of monitoring Internet-connected courier fleet trucks. While letter volumes are in decline due to the ubiquity of electronic messaging, courier services remain the beneficiaries of growing online retail sales.

Express and Parcel (CEP) Market Outlook

The Express and Parcel (CEP) market is experiencing significant growth, with a global market size estimated to reach USD 596 billion by 2023 and anticipated to grow to USD 1,020 billion by 2032, showcasing a robust compound annual growth rate (CAGR) of 6.1%. This substantial growth can be attributed to a myriad of factors, including the rapid expansion of e-commerce, the increasing need for efficient logistics solutions, and the globalization of trade. As businesses and consumers alike demand more efficient delivery services, the CEP market is poised to meet these needs, driving its expansion over the coming years.

One of the primary growth drivers in the CEP market is the explosive growth of e-commerce. The e-commerce industry has transformed consumer purchasing habits, leading to heightened demand for reliable and timely parcel delivery services. Companies operating in the CEP market are increasingly leveraging technology to enhance delivery efficiency and offer innovative solutions like same-day delivery, which is becoming a standard expectation among consumers. Furthermore, the rise of omnichannel retail strategies, where businesses integrate multiple shopping channels, has necessitated advanced logistics networks, further boosting the CEP market's growth trajectory.

Another significant growth factor is the increasing globalization of trade. As businesses expand their operations across borders, the need for effective international parcel delivery services has surged. The CEP market is uniquely positioned to facilitate international trade through its extensive network of logistics providers and partners. The growth of international trade agreements and the reduction of trade barriers have further fueled the demand for cross-border parcel services. Consequently, logistics companies are investing heavily in infrastructure and technology to enhance their international delivery capabilities, addressing the complex needs of global commerce.

Technological advancements play a crucial role in the growth of the CEP market. Innovations such as automation, AI-driven logistics optimization, and real-time tracking systems have revolutionized the way parcel delivery services operate. These technologies have enabled companies to streamline operations, reduce delivery times, and enhance customer satisfaction. For instance, the implementation of drones and autonomous vehicles for last-mile delivery is transforming the logistics landscape, offering faster and more efficient services. As technology continues to evolve, the CEP market is expected to benefit from increased efficiency and cost-effectiveness, further driving its growth.

The demand for International Express Service has become increasingly crucial as businesses expand their reach across global markets. This service offers expedited shipping solutions that cater to the urgent needs of international trade, ensuring that parcels are delivered swiftly and efficiently across borders. With the rise of e-commerce and the globalization of supply chains, companies are seeking reliable partners that can provide seamless international logistics. The integration of advanced tracking systems and real-time updates in International Express Service enhances transparency and customer satisfaction, making it an indispensable component of the CEP market's growth strategy.

Regionally, the CEP market is witnessing varied growth patterns, with Asia Pacific emerging as a dominant region. This region is expected to experience the highest growth rate, driven by the rapid expansion of e-commerce in countries like China and India. North America and Europe follow closely, with well-established logistics infrastructure supporting market growth. In contrast, regions like Latin America and the Middle East & Africa are gradually catching up, with increasing investments in logistics infrastructure and rising consumer demand for efficient delivery services. The regional dynamics highlight the diverse opportunities within the CEP market, with each region contributing uniquely to its overall expansion.

Service Type Analysis

The service type segment of the Express and Parcel (CEP) market is divided into B2B (Business to Business), B2C (Business to Consumer), and C2C (Consumer to Consumer) services. The B2B segment is characterized by large-volume shipments and is primarily driven by the increasing globalization of trade and the need for efficient supply chain management solut

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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. C

In 2022, according to Effigy Consulting, some 640 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).

The Japan Courier, Express, And Parcel Market report segments the industry into Destination (Domestic, International), Speed Of Delivery (Express, Non-Express), Model (Business-To-Business (B2B), Business-To-Consumer (B2C), Consumer-To-Consumer (C2C)), Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), Mode Of Transport (Air, Road, and more), and End User Industry.

The Central And Eastern Europe CEP Market report segments the industry into Destination (Domestic, International), Speed Of Delivery (Express, Non-Express), Model (Business-To-Business (B2B), Business-To-Consumer (B2C), Consumer-To-Consumer (C2C)), Shipment Weight, Mode Of Transport, End User Industry, and Country. The report includes Market Value In USD, and more.

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.

According to Effigy Consulting, around **** billion parcels were delivered in the Thai courier, express, and parcel (CEP) market in 2022. This figure has significantly increased in comparison to 2012.

In 2022, the United Parcel Service (UPS) held the largest share of the United States' (U.S.) express and courier service market based on revenue. That year, the UPS controlled ** percent of the U.S. market, while FedEx controlled **** percent of the market.

The North America Courier, Express, And Parcel Market report segments the industry into Destination (Domestic, International), Speed Of Delivery (Express, Non-Express), Model (Business-To-Business (B2B), and more), Shipment Weight (Heavy Weight Shipments, and more), Mode Of Transport (Air, and more), End User Industry (E-Commerce, and more), and Country.

Express Parcel Services Market Outlook

The global express parcel services market size was valued at approximately $284.5 billion in 2023 and is expected to reach a staggering $516.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.7% during the forecast period. This robust growth trajectory is fueled by several factors, chief among them being the rapid expansion of e-commerce platforms worldwide. As consumers increasingly turn towards online shopping for convenience and efficiency, the demand for fast, reliable delivery services has surged, driving substantial growth in the express parcel services sector. The increasing globalization of trade and the rising importance of time-sensitive shipments further bolster this trend, solidifying the market's upward trajectory.

One of the primary growth drivers in the express parcel services market is the exponential rise in e-commerce activities globally. Online retail platforms have become integral to consumer purchasing habits, necessitating efficient parcel delivery systems. Companies like Amazon and Alibaba have revolutionized how consumers shop, offering a vast array of products that need to be delivered swiftly and reliably to their global customer base. This surge in e-commerce has led to increased investment in logistics and distribution networks to meet the growing demand for express parcel deliveries. Additionally, the proliferation of smartphones and internet connectivity has further accelerated online shopping, thereby pushing the demand for express delivery services.

Another critical factor contributing to the growth of the express parcel services market is technological advancements in logistics and supply chain management. Innovations such as real-time tracking systems, automated sorting centers, and drone deliveries are transforming how parcels are processed and delivered, making the entire process more efficient and customer-friendly. These technologies not only enhance delivery speed but also improve accuracy, allowing companies to handle higher volumes of shipments with reduced operational costs. Furthermore, the integration of artificial intelligence and machine learning into logistics processes is optimizing route planning and resource allocation, further driving the efficiency of express parcel services.

Moreover, the increasing emphasis on sustainability and eco-friendly logistics solutions is playing a pivotal role in shaping the future of the express parcel services market. Consumers and companies alike are becoming more environmentally conscious, leading to the adoption of greener practices within the industry. This includes the use of electric delivery vehicles, eco-friendly packaging materials, and the implementation of carbon-neutral shipping initiatives. These sustainable practices not only appeal to environmentally-conscious consumers but also help companies meet regulatory requirements and reduce their carbon footprint, contributing to long-term growth and competitive advantage.

Parcel Delivery has become a cornerstone of modern commerce, driven by the increasing demand for swift and reliable shipment solutions. As consumers continue to embrace online shopping, the need for efficient parcel delivery services has escalated, prompting logistics companies to innovate and expand their capabilities. The integration of advanced technologies, such as real-time tracking and automated sorting systems, has revolutionized the parcel delivery process, ensuring speed and accuracy. Furthermore, the rise of urbanization and the growth of smart cities are enhancing the infrastructure required for seamless parcel delivery, making it an indispensable service in today's fast-paced world.

Regionally, Asia Pacific is emerging as a key growth area for the express parcel services market, driven by its massive consumer base and burgeoning e-commerce industry. Countries like China and India are seeing a rapid rise in online shopping, fueled by increasing internet penetration and a growing middle class. The region's intensive urbanization and infrastructure development further complement the logistics sector, enabling faster and more efficient delivery services. North America and Europe continue to be significant markets due to their established e-commerce industries and robust logistics networks. Meanwhile, the Middle East & Africa and Latin America are experiencing growth owing to increasing cross-border trade and investments in logistics infrastructure.

Service Type Analysis

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 2023, Thailand Post was the leading provider for express parcel delivery, with a market share of **** percent. This was followed by Flash Express, with a market share of **** percent. Express parcel delivery services include temperature-controlled parcel delivery, on-demand parcel delivery via motorcycle, and more.

In 2021, according to Effigy Consulting, nearly *** billion parcels were delivered in the courier, express and parcel (CEP) market in Germany. The study is a consolidation of the following carriers: Amazon, DHL Express, DHL Parcel, DPD, FedEx/TNT, GLS, GO!, Hermes, Trans-O-Flex, UPS and others (rest of the market).

Global Courier, Express And Parcel (CEP) market size is expected to reach $712.69 billion by 2029 at 8.6%, the surge in e-commerce is driving significant growth in the market with increasing consumer demand and advancements in digital transactions

According to Effigy Consulting, in 2024, approximately 48.7 million parcels were delivered in Croatia's courier, express, and parcel (CEP) market.