The Global Express Delivery Market Report is a compilation of comprehensive research studies of various aspects of the Express Delivery Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Express Delivery market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Express Delivery market and how they will evolve in the years to come.
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The global express delivery market accounted for US$ 210.36 Bn in 2022, and is expected to grow at a CAGR of 21.4% during the forecast years (2022-2030).. 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., V-Xpress and YTO Express (International) Holdings Limited amongst others.
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 growing need for time bound delivery services during the prevailing Covid-19 pandemic situation is rapidly contributing towards the growth of express delivery market. The market participants have been increasingly focusing on delivering critical medical supplies, pharmaceuticals and personal protective equipment amongst other essentials to various organizations. The companies such as FedEx and Deutsche Post AG have showcased instrumental role in ensuring timely and rapid delivery of vaccines across United States and Europe respectively. Express delivery market providers are undertaking strong investments towards enhancing their current delivery network and increasing their resources to more efficiently cater to the galloping demand, which indicates positive growth trajectory for the market.
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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
By Region:
- North America
- U.S
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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