Global Parcel Delivery Vehicle Industry Growth and Trends Forecast to 2031

Summary

According to APO Research, The global Parcel Delivery Vehicle market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Parcel Delivery Vehicle is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Parcel Delivery Vehicle is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Parcel Delivery Vehicle is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Parcel Delivery Vehicle include Toyota Motor Corporation, Tesla Inc., Nissan Motor Co. Ltd., Kia Corporation, Hyundai Motor Company, Honda Motor Co. Ltd., Renault Group, Mitsubishi Motors Corporation and Iveco Group, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Parcel Delivery Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Parcel Delivery Vehicle.

The Parcel Delivery Vehicle market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Parcel Delivery Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Parcel Delivery Vehicle Segment by Company

Toyota Motor Corporation
Tesla Inc.
Nissan Motor Co. Ltd.
Kia Corporation
Hyundai Motor Company
Honda Motor Co. Ltd.
Renault Group
Mitsubishi Motors Corporation
Iveco Group
Isuzu Motors Limited
General Motors
Peugeot S.A.
Navistar International Corporation
MAN Truck & Bus AG
Mahindra & Mahindra Ltd.
Jeep

Parcel Delivery Vehicle Segment by Type

Light Duty Vehicle
Medium Duty Vehicle
Heavy Duty Vehicle

Parcel Delivery Vehicle Segment by Application

Courier Companies
Food Delivery Companies
Fleet Management Companies
Medical Courier Companies
Others

Parcel Delivery Vehicle Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Parcel Delivery Vehicle market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Parcel Delivery Vehicle and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Parcel Delivery Vehicle.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Parcel Delivery Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Parcel Delivery Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview

1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Parcel Delivery Vehicle Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Parcel Delivery Vehicle Sales Estimates and Forecasts (2020-2031)
1.3 Parcel Delivery Vehicle Market by Type
1.3.1 Light Duty Vehicle
1.3.2 Medium Duty Vehicle
1.3.3 Heavy Duty Vehicle
1.4 Global Parcel Delivery Vehicle Market Size by Type
1.4.1 Global Parcel Delivery Vehicle Market Size Overview by Type (2020-2031)
1.4.2 Global Parcel Delivery Vehicle Historic Market Size Review by Type (2020-2025)
1.4.3 Global Parcel Delivery Vehicle Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Parcel Delivery Vehicle Sales Breakdown by Type (2020-2025)
1.5.2 Europe Parcel Delivery Vehicle Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Parcel Delivery Vehicle Sales Breakdown by Type (2020-2025)
1.5.4 South America Parcel Delivery Vehicle Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Parcel Delivery Vehicle Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics

2.1 Parcel Delivery Vehicle Industry Trends
2.2 Parcel Delivery Vehicle Industry Drivers
2.3 Parcel Delivery Vehicle Industry Opportunities and Challenges
2.4 Parcel Delivery Vehicle Industry Restraints
3 Market Competitive Landscape by Company

3.1 Global Top Players by Parcel Delivery Vehicle Revenue (2020-2025)
3.2 Global Top Players by Parcel Delivery Vehicle Sales (2020-2025)
3.3 Global Top Players by Parcel Delivery Vehicle Price (2020-2025)
3.4 Global Parcel Delivery Vehicle Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Parcel Delivery Vehicle Major Company Production Sites & Headquarters
3.6 Global Parcel Delivery Vehicle Company, Product Type & Application
3.7 Global Parcel Delivery Vehicle Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Parcel Delivery Vehicle Market CR5 and HHI
3.8.2 Global Top 5 and 10 Parcel Delivery Vehicle Players Market Share by Revenue in 2024
3.8.3 2023 Parcel Delivery Vehicle Tier 1, Tier 2, and Tier 3
4 Parcel Delivery Vehicle Regional Status and Outlook

4.1 Global Parcel Delivery Vehicle Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Parcel Delivery Vehicle Historic Market Size by Region
4.2.1 Global Parcel Delivery Vehicle Sales in Volume by Region (2020-2025)
4.2.2 Global Parcel Delivery Vehicle Sales in Value by Region (2020-2025)
4.2.3 Global Parcel Delivery Vehicle Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Parcel Delivery Vehicle Forecasted Market Size by Region
4.3.1 Global Parcel Delivery Vehicle Sales in Volume by Region (2026-2031)
4.3.2 Global Parcel Delivery Vehicle Sales in Value by Region (2026-2031)
4.3.3 Global Parcel Delivery Vehicle Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Parcel Delivery Vehicle by Application

5.1 Parcel Delivery Vehicle Market by Application
5.1.1 Courier Companies
5.1.2 Food Delivery Companies
5.1.3 Fleet Management Companies
5.1.4 Medical Courier Companies
5.1.5 Others
5.2 Global Parcel Delivery Vehicle Market Size by Application
5.2.1 Global Parcel Delivery Vehicle Market Size Overview by Application (2020-2031)
5.2.2 Global Parcel Delivery Vehicle Historic Market Size Review by Application (2020-2025)
5.2.3 Global Parcel Delivery Vehicle Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Parcel Delivery Vehicle Sales Breakdown by Application (2020-2025)
5.3.2 Europe Parcel Delivery Vehicle Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Parcel Delivery Vehicle Sales Breakdown by Application (2020-2025)
5.3.4 South America Parcel Delivery Vehicle Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Parcel Delivery Vehicle Sales Breakdown by Application (2020-2025)
6 Company Profiles

6.1 Toyota Motor Corporation
6.1.1 Toyota Motor Corporation Comapny Information
6.1.2 Toyota Motor Corporation Business Overview
6.1.3 Toyota Motor Corporation Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Toyota Motor Corporation Parcel Delivery Vehicle Product Portfolio
6.1.5 Toyota Motor Corporation Recent Developments
6.2 Tesla Inc.
6.2.1 Tesla Inc. Comapny Information
6.2.2 Tesla Inc. Business Overview
6.2.3 Tesla Inc. Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Tesla Inc. Parcel Delivery Vehicle Product Portfolio
6.2.5 Tesla Inc. Recent Developments
6.3 Nissan Motor Co. Ltd.
6.3.1 Nissan Motor Co. Ltd. Comapny Information
6.3.2 Nissan Motor Co. Ltd. Business Overview
6.3.3 Nissan Motor Co. Ltd. Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Nissan Motor Co. Ltd. Parcel Delivery Vehicle Product Portfolio
6.3.5 Nissan Motor Co. Ltd. Recent Developments
6.4 Kia Corporation
6.4.1 Kia Corporation Comapny Information
6.4.2 Kia Corporation Business Overview
6.4.3 Kia Corporation Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Kia Corporation Parcel Delivery Vehicle Product Portfolio
6.4.5 Kia Corporation Recent Developments
6.5 Hyundai Motor Company
6.5.1 Hyundai Motor Company Comapny Information
6.5.2 Hyundai Motor Company Business Overview
6.5.3 Hyundai Motor Company Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Hyundai Motor Company Parcel Delivery Vehicle Product Portfolio
6.5.5 Hyundai Motor Company Recent Developments
6.6 Honda Motor Co. Ltd.
6.6.1 Honda Motor Co. Ltd. Comapny Information
6.6.2 Honda Motor Co. Ltd. Business Overview
6.6.3 Honda Motor Co. Ltd. Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Honda Motor Co. Ltd. Parcel Delivery Vehicle Product Portfolio
6.6.5 Honda Motor Co. Ltd. Recent Developments
6.7 Renault Group
6.7.1 Renault Group Comapny Information
6.7.2 Renault Group Business Overview
6.7.3 Renault Group Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Renault Group Parcel Delivery Vehicle Product Portfolio
6.7.5 Renault Group Recent Developments
6.8 Mitsubishi Motors Corporation
6.8.1 Mitsubishi Motors Corporation Comapny Information
6.8.2 Mitsubishi Motors Corporation Business Overview
6.8.3 Mitsubishi Motors Corporation Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Mitsubishi Motors Corporation Parcel Delivery Vehicle Product Portfolio
6.8.5 Mitsubishi Motors Corporation Recent Developments
6.9 Iveco Group
6.9.1 Iveco Group Comapny Information
6.9.2 Iveco Group Business Overview
6.9.3 Iveco Group Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Iveco Group Parcel Delivery Vehicle Product Portfolio
6.9.5 Iveco Group Recent Developments
6.10 Isuzu Motors Limited
6.10.1 Isuzu Motors Limited Comapny Information
6.10.2 Isuzu Motors Limited Business Overview
6.10.3 Isuzu Motors Limited Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.10.4 Isuzu Motors Limited Parcel Delivery Vehicle Product Portfolio
6.10.5 Isuzu Motors Limited Recent Developments
6.11 General Motors
6.11.1 General Motors Comapny Information
6.11.2 General Motors Business Overview
6.11.3 General Motors Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.11.4 General Motors Parcel Delivery Vehicle Product Portfolio
6.11.5 General Motors Recent Developments
6.12 Peugeot S.A.
6.12.1 Peugeot S.A. Comapny Information
6.12.2 Peugeot S.A. Business Overview
6.12.3 Peugeot S.A. Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.12.4 Peugeot S.A. Parcel Delivery Vehicle Product Portfolio
6.12.5 Peugeot S.A. Recent Developments
6.13 Navistar International Corporation
6.13.1 Navistar International Corporation Comapny Information
6.13.2 Navistar International Corporation Business Overview
6.13.3 Navistar International Corporation Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.13.4 Navistar International Corporation Parcel Delivery Vehicle Product Portfolio
6.13.5 Navistar International Corporation Recent Developments
6.14 MAN Truck & Bus AG
6.14.1 MAN Truck & Bus AG Comapny Information
6.14.2 MAN Truck & Bus AG Business Overview
6.14.3 MAN Truck & Bus AG Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.14.4 MAN Truck & Bus AG Parcel Delivery Vehicle Product Portfolio
6.14.5 MAN Truck & Bus AG Recent Developments
6.15 Mahindra & Mahindra Ltd.
6.15.1 Mahindra & Mahindra Ltd. Comapny Information
6.15.2 Mahindra & Mahindra Ltd. Business Overview
6.15.3 Mahindra & Mahindra Ltd. Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.15.4 Mahindra & Mahindra Ltd. Parcel Delivery Vehicle Product Portfolio
6.15.5 Mahindra & Mahindra Ltd. Recent Developments
6.16 Jeep
6.16.1 Jeep Comapny Information
6.16.2 Jeep Business Overview
6.16.3 Jeep Parcel Delivery Vehicle Sales, Revenue and Gross Margin (2020-2025)
6.16.4 Jeep Parcel Delivery Vehicle Product Portfolio
6.16.5 Jeep Recent Developments
7 North America by Country

7.1 North America Parcel Delivery Vehicle Sales by Country
7.1.1 North America Parcel Delivery Vehicle Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Parcel Delivery Vehicle Sales by Country (2020-2025)
7.1.3 North America Parcel Delivery Vehicle Sales Forecast by Country (2026-2031)
7.2 North America Parcel Delivery Vehicle Market Size by Country
7.2.1 North America Parcel Delivery Vehicle Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Parcel Delivery Vehicle Market Size by Country (2020-2025)
7.2.3 North America Parcel Delivery Vehicle Market Size Forecast by Country (2026-2031)
8 Europe by Country

8.1 Europe Parcel Delivery Vehicle Sales by Country
8.1.1 Europe Parcel Delivery Vehicle Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Parcel Delivery Vehicle Sales by Country (2020-2025)
8.1.3 Europe Parcel Delivery Vehicle Sales Forecast by Country (2026-2031)
8.2 Europe Parcel Delivery Vehicle Market Size by Country
8.2.1 Europe Parcel Delivery Vehicle Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Parcel Delivery Vehicle Market Size by Country (2020-2025)
8.2.3 Europe Parcel Delivery Vehicle Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country

9.1 Asia-Pacific Parcel Delivery Vehicle Sales by Country
9.1.1 Asia-Pacific Parcel Delivery Vehicle Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Parcel Delivery Vehicle Sales by Country (2020-2025)
9.1.3 Asia-Pacific Parcel Delivery Vehicle Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Parcel Delivery Vehicle Market Size by Country
9.2.1 Asia-Pacific Parcel Delivery Vehicle Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Parcel Delivery Vehicle Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Parcel Delivery Vehicle Market Size Forecast by Country (2026-2031)
10 South America by Country

10.1 South America Parcel Delivery Vehicle Sales by Country
10.1.1 South America Parcel Delivery Vehicle Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Parcel Delivery Vehicle Sales by Country (2020-2025)
10.1.3 South America Parcel Delivery Vehicle Sales Forecast by Country (2026-2031)
10.2 South America Parcel Delivery Vehicle Market Size by Country
10.2.1 South America Parcel Delivery Vehicle Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Parcel Delivery Vehicle Market Size by Country (2020-2025)
10.2.3 South America Parcel Delivery Vehicle Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country

11.1 Middle East and Africa Parcel Delivery Vehicle Sales by Country
11.1.1 Middle East and Africa Parcel Delivery Vehicle Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Parcel Delivery Vehicle Sales by Country (2020-2025)
11.1.3 Middle East and Africa Parcel Delivery Vehicle Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Parcel Delivery Vehicle Market Size by Country
11.2.1 Middle East and Africa Parcel Delivery Vehicle Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Parcel Delivery Vehicle Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Parcel Delivery Vehicle Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis

12.1 Parcel Delivery Vehicle Value Chain Analysis
12.1.1 Parcel Delivery Vehicle Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Parcel Delivery Vehicle Production Mode & Process
12.2 Parcel Delivery Vehicle Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Parcel Delivery Vehicle Distributors
12.2.3 Parcel Delivery Vehicle Customers
13 Concluding Insights
14 Appendix

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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