A courier service is a service that allows someone to send a parcel or consignment from one location to another. They can be booked and paid for online. Senders have the option to have their parcels collected by a courier or drop their parcel off at a nearby location to be picked up later by the courier.
Scope of the Report:
The North America ranks highest in courier service revenue at $101.87 billion, generating 34% of the total revenue in global. China ($77.53 billion) and Japan ($23.45 billion) follow in second and third place. The average shipping price of a parcel is $8.95 in the US, compared to $1.83 in China and $2.64 in Japan.
The health of the transportation and logistics industry will continue to be a function of domestic and global economic growth.
The global Courier Services market is valued at 299100 million USD in 2018 and is expected to reach 416200 million USD by the end of 2024, growing at a CAGR of 6.8% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Courier Services.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Courier Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Courier Services market by product type and applications/end industries.
Market Segment by Companies, this report covers
UPS
FedEx
Royal Mail
DHL
China Post
Japan Post Group
SF Express
BancoPosta
YTO Expess
ZTO Express
STO Express
Yunda Express
Aramex
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Courier
Express
Parcel
Market Segment by Applications, can be divided into
B2B
B2C
C2C
Summary:
Get latest Market Research Reports on Courier Services. Industry analysis & Market Report on Courier Services is a syndicated market report, published as Global Courier Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Courier Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.