The Domestic Market Was The Largest Segment Of The Couriers And Messengers Marke
Posted by sainath on September 19th, 2018
The couriers and messenger’s industry provides tracked, guaranteed express delivery services of small packages and parcels and local messenger services, in metropolitan areas, urban centers or international destinations.
The global couriers and messengers market has shown slow growth in the past years with a CAGR of just over 2.5%. The year 2017 recorded highest ever market value in this industry, as per TBRC’s inhouse consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the couriers and messenger market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
Domestic was the largest segment in the couriers and messengers market accounting for around 75% of the total market. This includes organizations that provide courier services, and product delivery services within a particular country.
Companies included in the report are Deutsche Post DHL Group, United Parcel Service, FedEx, Japan Post Holdings and Schenker AG.
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Joined: June 13th, 2018
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