Couriers in China - Industry Market Research Report

Couriers in China - Industry Market Research Report

Couriers in China

The Courier industry is a relatively new business segment in China. In its modern form, it has existed for about 30 years. Industry demand was supported by the increasing income levels and purchasing power of Chinese residents. Industry's performance is also closely related to the development of ecommerce market in China, especially the online shopping market, as it depends heavily on couriers delivering goods purchased online. Industry revenue is expected to increase at an annualized 12.4% over the five years through 2023, to $182.8 billion. This trend includes a 15.0% jump in the current year.

Couriers in China provide collection, transportation and delivery services for parcels or small articles. They also provide customers with fast, convenient and flexible business express delivery services. Services provided by the national postal system are not included in the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.