A huge transformation is happening in last mile delivery, with companies looking for alternatives like pickup points, delivery lockers, drone deliveries, crowdsourcing deliveries, and autonomous vehicles. The evolution of technology is rebuilding the entire supply chain and reinventing the parcel industries. Technology is becoming an essential catalyst for increasing capabilities and meeting consumer expectations.
The express freight services market is expected to post a CAGR of over + 6% during the forecast period. Asia-Pacific is the huge regional parcel market by value, accounting for around 45% of the global market. North America and Europe together account for just over 55%. Thanks to the development of e-commerce, online retailing is the main engine of growth in parcel delivery volumes, the market is experiencing very strong development, particularly in countries and in Eastern Europe.
Asia-Pacific is the huge regional market by value, accounting for around 45% of the global market. North America and Europe together represent just over 55% of the market. The demand for express freight services in the Asia-Pacific region is expected to experience strong growth during the forecast period, owing to the huge population growth, increasing disposable income and living standards and the growth in international trade.
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Key players: –
- Ally Express
- AK Express
- United parcel service
- Interlink Express Parcel
- An express world
- TNT Express
- DX Group
- Deutsche Post DHL
- ONS Express & Logistics
- Dynamic distribution of parcels (GeoPost)
- Antron Express
- City link
- Bring couriers
- HermÃ¨s Europe
- Parcelforce in the world
- General logistics systems
As governments focus on developing manufacturing sectors in nations and global companies locate their manufacturing bases in the region, international trade of nations is increasing and is expected to increase further in the future. The retail sector in the region is also growing rapidly.
Global courier companies are expected to be propelled by the recovery of the manufacturing sector and the expected economic expansion. Asian countries, such as China, Taiwan, Korea and Thailand, are experiencing increased penetration of electronic devices. This, along with the increase in the presence of multiple online payment methods, changing lifestyles due to urbanization, and the growth of electronics, food and beverage shipments, automobiles, will benefit the consumer. express freight services market.
The Southeast Asian region is one of the emerging hot spots in the world, attracting investment from all over the world. E-commerce in the region is also expected to continue over the next few years. The increase in FMCG contracting in emerging markets will significantly influence the growth of express freight services in the coming years.
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By product: –
By application: –
- Business to Business (B2B)
- Business to consumer (B2C)
- From consumer to consumer (C2C)
Based on region:
- North America
- Asia Pacific
- South America
- Middle East and Africa
- Latin America
Detailed Table of Contents of Express Freight Services Market Research Report
2. Analysis of the market methodology.
3. Analysis of market strategies.
4. Market demand, supply, trend analysis.
5. Market overview with key players
6. Analysis of Porte’s five force model.
7. Market segmentation by region, type and application.
8. Analysis of the advantages and limitations of the market.
9. SWOT analysis of projects.
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