Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Courier, Express And Parcel (CEP) Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Courier, Express And Parcel (CEP) Market Growth?
The market size of the Courier, Express, and Parcel (CEP) has experienced significant growth recently. Its market size is expected to increase from $470.74 billion in 2024 to $508.25 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%.
What Is the Predicted Industry Size and CAGR of the Courier, Express And Parcel (CEP) Market in 2029?
The global Courier, Express and Parcel (CEP) market is predicted to grow to a size of $703.33 billion in 2029 with a compound annual growth rate (CAGR) of 8.5%.
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Which Factors Are Driving Growth in the Courier, Express And Parcel (CEP) Market?
The key drivers in the courier, express and parcel (cep) market are:
• Rising demand for same-day delivery services
• Expansion and enhancement of last-mile delivery solutions
• Increased consumer expectations for convenience and quick delivery
• Rapid growth and adoption of omnichannel retailing strategies
Which Segment Trends Are Covered in the Courier, Express And Parcel (CEP) Market Forecast?
The courier, express and parcel (cep) market covered in this report is segmented –
1) By Service: Standard Delivery, Express Delivery, Same-Day Delivery, Last-Mile Delivery
2) By Business Model: Business-To-Business (B2B), Business-To-Consumer (B2C), Customer-To-Customer (C2C)
3) By Destination: Domestic, International
4) By Mode Of Transport: Roadways, Airways, Railways, Waterways
5) By End Use: E-commerce, Healthcare, Manufacturing, Wholesale And Retail, Other End Users
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What Are the Current Market Trends in the Courier, Express And Parcel (CEP) Industry?
The key trends in the courier, express and parcel (cep) market are:
• The adoption and integration of drone and autonomous vehicle technologies for deliveries is an emerging trend.
• Implementation of last-mile delivery models is gaining momentum.
• New technologies are being incorporated into courier services to improve efficiency and offerings.
• Use of blockchain technology for secure parcel tracking is on the rise.
Who are the Key Companies in the Courier, Express And Parcel (CEP) Market?
Major players in the courier, express and parcel (cep) market are:
• United Parcel Service Inc. (UPS)
• DHL Group
• FedEx Corporation
• SF Express (Group) Co. Ltd.
• Nippon Express Co. Ltd.
• Yamato Transport Co. Ltd.
• Royal Mail Group Limited
• SG Holdings Co. Ltd.
• YTO Express Group Co. Ltd.
• General Logistics Systems Group
• Qantas Airways Limited
• Singapore Post Limited
• TNT Express
• Aramex
• Delhivery
• Blue Dart Express Ltd.
• Spee-Dee Delivery Service Inc.
• Pos Malaysia Berhad
• CitySprint
• Tuffnells Parcels Express
• DPEX Worldwide Express (S) Pte Ltd.
• One World Express Inc. Ltd.
What are the Regional Trends Across the Courier, Express And Parcel (CEP) Market?
North America was the largest region in the courier, express, and parcel (CEP) market in 2024
