Global Courier Express and Parcel Market 2019-2025
New Study Reports Wiseguyreports.Com adds “Courier Express and Parcel Market 2019 Global Industry Sales, Supply, Consumption, Demand, Analysis and Forecasts to 2025” To Its Research Database.
A new report added to the online inventory of Wise Guys Reports (WGR) reveals that the global courier, express, and parcel market is set to capture a compound annual growth rate (CAGR) of 6% between 2018 and 2022.
The growing integration of last-mile delivery (LMD) models with courier, express and parcel
(CEP) companies is one of factors influencing the market size of global courier, express, and parcel market. The logistic companies are using LMD models to their services in an attempt to cater to the growing demand for CEP services which in turn results in the expansion of market.
The LMD allows CEP companies to offer timely delivery, same-day delivery, instant delivery, among many other enhanced services to their clients. Meanwhile, growing international trade due to liberalization of trade conditions is pushing the CEP market though lack of supply chain visibility is one of the challenges effecting the growth of the market.
Some of the global top players covered in the report include FedEx, UPS, A-1 Express, BDP, Deutsche Post DHL Group, Allied Express etc.
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Global Courier, Express and Parcel Market: Segmental Analysis
The segmental analysis of the global courier, express and parcel market has been conducted based on type, application and region.
By type, the market has been divided into Air Transport, Land Transport and Sea Transport.
Based on application, the market has been segmented Business-To-Business (B2B), Business-To-Consumer (B2C) and Consumer-To-Consumer (C2C).
Global Courier, Express and Parcel Market: Regional Analysis
On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Rest of the World (RoW). In North America, countries such as the U.S. and Canada are covered. In Europe, countries including UK, France, Germany, Italy are covered. In APAC, countries such as Japan, China and India are covered. In Latin America, countries such as Brazil and Mexico are covered and in the Middle East and Africa countries including North Africa and GCC Countries are considered. APAC region holds the largest share of the market in the global courier, express and parcel market due to growth in the e-commerce industry in the region. North America also occupies a significant position in the global market and is expected to show noticeable growth during the forecasted period as well. The rapid growth in the e-commerce industry in the American countries and presence of so many top global suppliers in the region is believed to be an important reason for the growth of courier, express and parcel market. The European market is also expected to witness a steep growth during the projection period. Courier, Express, and Parcel with high storage capacity is expected to drive market growth in the region, the CEP vendors use products with high storage capacity specifically thus influencing buyers in the region.
The Global courier, express and parcel market report will help to understand the current market trend along with the opportunities and hurdles in the CEP Industry
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Consumer goods are bought for consumption by the average consumer and are also acknowledged as final goods. They are the results of manufacturing and production, and what consumers consider seeing on the store shelf. They are tangible goods, purchased for direct consumption in order to satisfy human needs. They are classified into convenience products, specialty products, shopping products, and unsought products. Of these, convenience products experience the maximum demand as they are bought regularly by the consumers
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