(EMAILWIRE.COM, January 19, 2023 ) The report published by Maximize Market research on the Courier Services market, covers an extensive regional analysis and competitive landscape. Over the forecast period, the market is to grow from USD 383.02 Bn in 2021 to USD 601.32 Bn in 2029 at a CAGR of 5.8 percent.
Courier Services Market Scope and Research Methodology
The Courier Services Market report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It presents an in-depth analysis of the market segments which include service type, end-use and destination. The bottom-up approach was used to estimate the market size of the Courier Services Market which was validated by primary research. The report involves the extensive use of secondary sources, directories and databases such as Bloomberg and other government associations. Moreover, private websites and company websites have also been used to identify and collect information for the study of the Courier Services Market.
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Courier Services Market Dynamics
The immense growth of the e-commerce industry is the key factor driving the growth of the Courier Services Market which is attributed to the increasing demand for the delivery of goods. During the forecast period, changing corporate structure for cost-effective and faster delivery services coupled with technological developments are expected to drive the Courier Services Market growth.
Courier Services Market Regional Insights
The Asia-Pacific region dominated the global market, holding market share of 45% in 2021. During the forecast period, the regional courier services market is expected to grow at a rapid rate. The market growth in the region is due to the rapid population growth and development in global commerce.
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Courier Services Market Segmentation
By Service Type
B2B
B2C
C2C
By Destination
Domestic
international
By End-Use
Service
Wholesale & Retail Trade
Healthcare
Industrial & Manufacturing
Other
Courier Services Market Key Competitors include:
F. Express
Japan Post Holdings
ZTO Express
Poste Italiane
TFI International
Delhivery
International Distributions Services (Royal Mail)
Blue Dart Express
Österreichische Post
Bpost
Pitney Bowes
Gati
FedEx Corporation,
SF Express (Group) Co. Ltd.,
Deutsche Post DHL Group,
United Parcel Service Inc.,
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Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:
Cargo Shipping Market – The market size is expected to reach USD 17.07 billion tons by 2029 at a CAGR of 4 percent during the forecast period. It is expected to be driven by improvements in port infrastructure and investments by shipping companies.
Cargo Transportation Insurance Market – The market size is expected to reach USD 67 billion by 2029 at a CAGR of 3 percent during the forecast period. It is expected to be driven by increasing awareness about cargo insurance.
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Maximize Market Research provides B2B and B2C research on 6,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
