Courier Services Market Research Growth 2024
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.
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 $2.64 in Japan.
The health of the transportation and logistics industry will continue to be a function of domestic and global economic growth.
According to this study, over the next five years the Courier Services market will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ 416200 million by 2024, from US$ 299100 million in 2019. In particular, this report presents the global revenue market share of key companies in Courier Services business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Courier Services market by product type, application, key companies and key regions.
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This study considers the Courier Services value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Japan Post Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Courier Services market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Courier Services market by identifying its various subsegments.
Focuses on the key global Courier Services players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Courier Services with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the size of Courier Services submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Courier, Express, and Parcel (CEP) Market Global Industry Analysis, by Size, Share, Growth, Trends, Top Companies Profiles, and Forecast Until 2024
By Planet Market Reports