Courier Services Market By Service Type (B2B, B2C, C2C), By Destination (Domestic, International), By End Use (Services, Wholesale and Retail Trade, Healthcare, Industrial and Manufacturing, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Courier service is a facility or service for fast & door to door pickup and delivery of goods or documents from one place to another. A company that provides such a service is referred as courier company. A courier company charges a rate for the package based upon the weight of the package and urgency of delivery of package.
C2C offers numerous advantages such as the availability of both the person (buyer or seller) who are involved in the exchange of products. Also, C2C offers advantages such as the transaction cost is low followed by the removal of intermediaries and easy availability of service providers, which leads to the growth of the C2C segment in the global market. In addition, few companies operating in courier services market are launching new C2C parcel service, which contributes in the growth of the market. For instance, in 2021, Delhivery, a fulfilment platform for digital commerce, launched a C2C (consumer-to-consumer) express parcel service. This service enables a person to have a parcel picked from their door step and get it delivered to designated location.
The growth of the global courier services market has propelled due to development of e-commerce industry and increase in demand for fast delivery of packages. However, poor infrastructure and higher logistics costs is the factor hampering the growth of the market. Furthermore, technological advancements are expected to offer growth opportunities during the forecast period.
The courier services market is segmented on the basis of service type, destination, end use, and region. By service type, it is classified into B2B, B2C, and C2C. By destination, it is bifurcated into domestic and international. By end use, it is categorized into services, wholesale & retail trade, healthcare, industrial & manufacturing, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the courier services market analysis from 2021 to 2031 to identify the prevailing courier services market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the courier services market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global courier services market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Service Type
B2B
B2C
C2C
By Destination
Domestic
International
By End Use
Services
Wholesale and Retail Trade
Healthcare
Industrial and Manufacturing
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest Of Europe
Asia-Pacific
China
Japan
India
Australia
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
FedEx Corporation
SF Express (Group) Co. Ltd.
Deutsche Post DHL Group
United Parcel Service Inc.
Yamato Holdings Co. Ltd
Qantas Courier Limited
DB Schenker
SG Holdings Co. Ltd
PostNL NV
Singapore Post Ltd.
Nippon Express
DSV AS
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