Market Synopsis
Competitive Market Growth, Size, Share and Forecast to 2030 for Express Delivery Market, By Regional Coverage (Domestic, International); By Offering (On-Demand Delivery, Time-Defined/Slot-Based Delivery, Returns Management, Warehousing Services, Others); By Transportation Mode (Air, Road, Railways); By Mode Of Booking (Online, Offline); By Application (B2B, B2C, C2C); By Industry Vertical (Textile & Garments, Oil & Gas, Retail & E-Commerce, Stationary & Packaging, Beauty & Cosmetics, Electronics & Electricals, Consumer Goods, Industrial & Engineering, Automobile, Food & Beverage, Healthcare & Pharmaceutical, IT & Peripherals, Others);
Market Snapshot
The Express Delivery Market was valued $262.86 billion in 2021 and will grow at a CAGR of 6.40% for the forecast period of 2020-2030, as per the market research report by Absolute Markets Insights titled ” Express Delivery Market
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Market Overview
The rapid pace of globalisation along with the increasing prevalence of e-commerce has revolutionised demand in the global express delivery market. Express delivery services, which refers to the on-demand, fast and integrated door-to-door shipments of parcels, documents and other goods is gaining massive popularity across the end consumers. The market participants ensure to complete the delivery of the requisites within a smaller time frame, by adopting a holistic approach towards transportation. A combination of ground transport and airways are adopted by the providers to offer these services. Integration of advanced technologies has enabled the companies to maintain greater security and transparency of the deliverables, improve operational efficiency and cater the increasing demand of consumers. Increased utilization of digital communications along with concerns pertaining to availability of adequate infrastructure are hindering the growth of express delivery market. However, in order to subside the restraints, companies are focusing on adopting technological solutions such as autonomous vehicles, drones and robotics amongst other technologies to increase profitability and economize cost of operations. For instance, Deutsche Post AG in May 2019 entered into a strategic collaboration with EHang, an autonomous aerial vehicle company and introduced an automated smart drone delivery solution in China. The innovation allowed the company to considerably reduce the delivery time to eight minutes while overcoming the prevalent barriers in urban areas related to traffic congestion and complex road conditions. Liberalisation of government regulations with regards to adoption of innovative technologies is anticipated to further boost the growth of global express delivery market over the forecast period.
The term Express Delivery Market is influenced by a number of variables, such as forward/backward integration, economies of scale, the proportion of different distribution channels, elements influencing consumer behavior, such as brand loyalty, price, and accessibility of the product, capital investments, the regulatory environment, production rights and patents, marketing strategies, and other customer preferences. It is likely that the stakeholders in the sector will find this information beneficial and that it may even motivate them to take action.
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Express Delivery Market Competitive Landscape:
The prominent companies in the Express Delivery Market are:
Aramex,
AsstrA-Associated Traffic AG,
DB Schenker, Delhivery Pvt Ltd,
Deutsche Post AG,
DTDC Express Limited,
Express Delivery Company,
Express Delivery Sweden,
FedEx,
TCIEXPRESS LIMITED,
United Parcel Service of America, Inc.,
Impact of COVID-19:
This article discusses consumer behavior, demand movements, shopping trends, supply chain restructuring, market forces dynamics, and significant government involvement. The new paper offers more information, analyses, projections, and estimates of the market effects of COVID-19.
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• The Sample Report gives readers a competitive advantage by providing additional information on the key market participants, such as their sales volume, corporate strategy, and revenue analysis.
Key Benefits of Global Express Delivery Market Report:
• A lot of work has been spent considering both the present and the future as part of the examination into global Express Delivery Market patterns.
The Global Express Delivery Market Growth Research Report offers comprehensive details on the Market Introduction, Market Summary, Global Market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and National levels.
Researching global Express Delivery Market trends might be useful for identifying business prospects.
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Express Delivery Market Regional Insights
Asia Pacific held the highest share in the global express delivery market in 2020 and is also estimated to grow at the highest rate over the period of next eight years. Connectivity through land, as well as aerial transportation modes, especially in countries like India, China, and regions like Southeast Asia is a major reason for the region’s higher market share. Urbanization and increase in disposable income has contributed to the increased growth of e-commerce in the region. Furthermore, the rise in business activities across varied sectors such as growth of electronic product shipments, automobile production and food & beverage industry is anticipated to propel the region’s growth over the forecast period.
The global express delivery market accounted for US$ 210.36 Bn in 2020, and is expected to grow at a CAGR of 21.4% during the forecast years (2021-2029).
The study offers a thorough analysis of several elements, including the distribution of the Express Delivery Market in important geographic areas. Latin America, North America, Europe, and Asia-Pacific are the study’s primary geographic focus regions.
Why the Express Delivery Market Report is Beneficial?
•The study covers a significant amount of information on the most recent product and technology breakthroughs in the Express Delivery Market and provides a thorough analysis of the market competition for the Express Delivery Market .The study was created utilizing a thorough and contemporary research approach.
• The numerous analyses of how these updates might impact the continued expansion of Express Delivery Market.
•The research report for the Express Delivery Market study contains a wealth of historical information and analysis.
• The Express Delivery Market report’s insights are evident and straightforward to understand because to the graphical data representations employed, such as bar graphs, statistics, pie charts, etc.
Express Delivery Market Segmentation:
Various categories have been created within the Express Delivery Market market based on the components of the product and the intended use for which it is designed. Market share and growth rates for each market segment are assessed. The experts have also considered prospective areas where the producers might make money in the future. The accurate volume and value estimates provided by the geographical analysis aid market participants in better understanding the overall industry.
Global Express Delivery Market:
By Regional Coverage
- Domestic
- International
By Offering
- On-demand Delivery
- Time-defined/Slot-based Delivery
- Returns Management
- Warehousing Services
- Others
By Transportation Mode
- Air
- Road
- Railways
By Mode of Booking
- Online
- Offline
By Application
- B2B
- B2C
- C2C
By Industry Vertical
- Textile & Garments
- Oil & Gas
- Retail & E-Commerce
- Stationary & Packaging
- Beauty & Cosmetics
- Electronics & Electricals
- Consumer Goods
- Industrial & Engineering
- Automobile
- Food & Beverage
- Healthcare & Pharmaceutical
- IT & Peripherals
- Others
Global Express Delivery Market by Region Express Delivery Market
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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