Africa Courier, Express and Parcel (CEP) Market Research Report — Forecast till 2026

Africa Courier, Express and Parcel (CEP) Market Research Report — Forecast till 2026

Market Snapshot

Courier, express, and parcel (CEPs) are used to deliver parcels and documents to various types of customers such as business customers, retail customers, and government agencies. The documents and parcels delivered by the CEP vendors are non-palletized items and weigh less than 110 pounds. Express delivery is a time-bound delivery system, where the shipment is scheduled to be delivered within a day or two and as per the customer's requirements. In contrast, courier service providers deliver shipments that are in a very short distance. Additionally, CEP vendors provide various value-added services to customers, further enhancing the delivery process.

The outlook of the Africa courier, express, and parcel (CEP) market study includes a market size analysis and a detailed analysis of the manufacturers' products and strategies. The market has been segmented based on the service type, route type, end user, and country. The Africa courier, express, and parcel market has witnessed significant growth over the last years and projected to expand at a CAGR of 5.21% during the forecast period. The growth of the E-commerce industry is one of the significant factors for the rising growth of the courier, express, and parcel market during the forecast period. Also, urbanization and infrastructure development are anticipated to further propel the growth of the courier, express, and parcel market in Africa. However, the massive investment cost is expected to restrict the growth of the market. Technological advancement in the courier, express, and parcel market is anticipated to offer a lucrative opportunity to the service providers.

Market Segmentation

Based on service type, the Africa courier, express, and parcel (CEP) market has been segmented into B2B and B2C. The B2B segment accounted for a larger market share of 63.50% in 2019 and is likely to register a CAGR of 5.09% during the forecast period, while the B2C segment is likely to register a higher CAGR of 5.43% during the review period.

Based on end user, the Africa courier, express, and parcel (CEP) market has been segmented into corporates, wholesale & retail trade, manufacturing & construction, and others. The corporates segment accounted for the largest market share of 40.42% in 2019 and is likely to register a CAGR of 5.32% during the forecast period. However, the others segment is likely to register the highest CAGR of 5.49% during the review period.

Regional Analysis

Geographically the Africa courier, express, and parcel (CEP) market has been segmented into South Africa, Kenya, Nigeria, Tanzania, Zambia, Namibia, Malawi, Botswana, Eswatini, Uganda, Angola, and Rest of Africa

Major players

FedEx (US), DHL (Germany), United Parcel Service Inc. (US), Aramex PJSC (UAE), DSV South Africa (PTY) Ltd (Denmark), Value Logistics Ltd (South Africa), La Poste SA (France), Qantas Courier Limited (Australia), BidairServices (PTY) Ltd (South Africa), and Skynet South Africa (PTY) Ltd (South Africa) are the leading companies in this market, who compete based on market presence, quality, and price.

Companies Mentioned

FedEx (US)
DHL (Germany)
United Parcel Service Inc. (US)
Aramex PJSC (UAE)
DSV South Africa (PTY) Ltd (Denmark)
Value Logistics Ltd (South Africa)
La Poste SA (France)
Qantas Courier Limited (Australia)
BidairServices (PTY) Ltd (South Africa)
and Skynet South Africa (PTY) Ltd (South Africa)

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