Courier, Express, and Parcel (CEP) Market annual growth rate is xx percent

Posted by michael on April 4th, 2019

Courier, Express, and Parcel (CEP) Market Size and Growth Rate:

As per the latest reports published by Research Cosmos, Courier, Express, and Parcel (CEP) Market was valued at USD xx million in 2018 and projected to reach USD xx million by 2023 growing at a CAGR of xx% during the forecast period 2018 to 2023.

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Courier, Express, and Parcel (CEP) Market Growth Drivers and Restraints:

The introduction of several free trade agreements that encourage investments in emerging economies is one of the main drivers of the market. The growth in the world market for courier, express and parcel services is largely due to the development of international trade, resulting from the liberalization of trade conditions through various free trade agreements. With the creation of Special Economic Zones, Free Trade Zones (FTAs) and Export Processing Zones (EPZs) by governments in several countries around the world, the transport sector experienced considerable growth. In addition, new commercial brokers are also emerging that will help logistics and transportation companies significantly increase their profits. To take full advantage of future growth opportunities, small businesses will collaborate with other logistics companies. For example, in order to provide better e-commerce solutions, Aramex has entered into a joint venture with Australia Post and StarTrack.

Geographical Analysis of Courier, Express, and Parcel (CEP) Market:

On the basis of geography, Global Courier, Express, and Parcel Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa, and Asia Pacific (APAC). APAC accounted for the largest market share in 2017 due to factors such as the growth of B2C trade in countries such as China, India and Japan, and will probably continue its market dominance throughout the forecast period.

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Key Players of Courier, Express, and Parcel (CEP) Market:

Some of the leading giants in world Courier, Express, and Parcel (CEP) Market include Allied Express, A-1 Express, Deutsche Post DHL Group, Aramex, UPS and FedEx.

Courier, Express, and Parcel (CEP) Market Segmentation:

By Service:

•          B2B (Business-to-business)
•          B2C (Business-to-consumer)
•          C2C (Customer-to-customer)

By Destination:

•          Domestic
•          International

By Region:

•          North America
•          South America
•          Europe
•          Asia Pacific
•          Middle East and Africa

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