Global Courier, Express and Parcel (CEP) Market Growth (Status and Outlook) 2024-2030

Global Courier, Express and Parcel (CEP) Market Growth (Status and Outlook) 2024-2030

Courier, Express and Parcel (CEP) is a type of shipping service that specializes in delivering small packages and documents to their destination quickly and efficiently. CEP services are typically used by businesses and individuals who need to transport items urgently or within a specific timeframe. According to one source, CEP stands as an abbreviation for courier express parcel services, which offer logistic services in these areas. The offer of the service providers differs in the speed, weight and volume of the packages and the way of carrying out the shipment of the goods.

The global Courier, Express and Parcel (CEP) market size is projected to grow from US$ 1643.5 million in 2023 to US$ 2666.4 million in 2030; it is expected to grow at a CAGR of 7.2% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Courier, Express and Parcel (CEP) Industry Forecast” looks at past sales and reviews total world Courier, Express and Parcel (CEP) sales in 2023, providing a comprehensive analysis by region and market sector of projected Courier, Express and Parcel (CEP) sales for 2024 through 2030. With Courier, Express and Parcel (CEP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Courier, Express and Parcel (CEP) industry.

This Insight Report provides a comprehensive analysis of the global Courier, Express and Parcel (CEP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Courier, Express and Parcel (CEP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Courier, Express and Parcel (CEP) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Courier, Express and Parcel (CEP) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Courier, Express and Parcel (CEP).

The future market trends of CEP are driven by the increasing demand through e-commerce, especially in the B2C segment. Growth in the global express markets has been driven by strong domestic e-commerce sales, as well as the growth in international trade, rising internet and smartphone penetration, growing middle-class population, disposable incomes, and improved standards of living in developing countries. Some of the emerging trends of CEP include omnichannel retailing, same-day delivery, and technology-driven innovations. According to another source, the CEP industry is posting impressive growth in the developing countries, driven by the growth in international trade, rising internet and smartphone penetration boosting e-commerce sales, growing middle-class population, disposable incomes, and improved standards of living.

This report presents a comprehensive overview, market shares, and growth opportunities of Courier, Express and Parcel (CEP) market by product type, application, key players and key regions and countries.

Segmentation by type
Aviation Logistics
Maritime Logistics
Land Logistics

Segmentation by application
For Personal
For Business
For Government

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
USPS
UPS
Deutsche Post DHL Group
FedEx
Expeditors International (EXPD)
Maersk
Nippon Express & Japan Post
Ryder System
Panalpina
China Post
COSCO
Seino Transportation
Om Logistics Ltd.
SF Expres
BlackBuck
Holisol Logistics
YTO Express
ZTO Express
STO Express
Yunda Express

Please note: The report will take approximately 2 business days to prepare and deliver.