Global Couriers Market 2024-2028
The couriers market is forecasted to grow by USD 115.9 bn during 2023-2028, accelerating at a CAGR of 7.18% during the forecast period. The report on the couriers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in adoption of advanced technologies to enhance logistics efficiency and reduce costs, rise in demand for same-day and expedited delivery, and growth in online retailing globally.
Technavio's couriers market is segmented as below:
- By Consumer
- Business to business
- Business to consumer
- Consumer to consumer
- By Type
- International
- Domestic
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the rise in adoption of electric delivery vehicles as one of the prime reasons driving the couriers market growth during the next few years. Also, emergence of drown delivery services and emergence of self-service lockers will lead to sizable demand in the market.
The report on the couriers market covers the following areas:
- Couriers market sizing
- Couriers market forecast
- Couriers market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading couriers market vendors that include AK Express, Allied Express, Antron Express, Aramex International LLC, City Link Express, DHL Group., DPD Local UK Ltd., DTDC Express Ltd., DX Group, FedEx Corp., Geopost, Hermes Europe GmbH, JD.com Inc., Jet Pack Courier Service., NAPAREX, Posten Bring AS, SF Express Co. Ltd., The Courier Guy, United Parcel Service Inc., Yamato Transport Co. Ltd., and ZTO Express. Also, the couriers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.