Global Courier Services Market Top Major Players 2024, Forecast To 2033
8 Mar, 2024
The courier services market is experiencing significant expansion, with its size projected to rise from $438.5 billion in 2023 to $466.79 billion in 2024, at a CAGR of 6.5%. This growth is fueled by globalization and e-commerce. Moving forward, the market is anticipated to grow to $602.47 billion by 2028, with a CAGR of 6.6%, driven by technological advancements and sustainability initiatives.
Global Courier Services Market Key Driver
The courier services market experiences significant growth with the surge in e-commerce, highlighted by the US Census Bureau's data on increasing e-commerce retail sales.
Get A Free Sample Of The Global Courier Services Market ReportGlobal Courier Services Market Segments
The courier services market covered in this report is segmented –
1) Service Type:B2B (Business-To-Business), B2C (Business-To-Consumer), C2C (Customer-To-Customer)
2) Destination:Domestic, International
3) End-Use:Services, Wholesale and Retail Trade, Healthcare, Industrial and Manufacturing, Other End-Uses
By Geography: The countries covered in the courier services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Asia-Pacific was the largest region in the courier services market in 2023. The regions covered in the courier services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Courier Services Industry Players
United Parcel Service Inc.; Deutsche Post AG; FedEx Corporation; Japan Post Co Ltd.; The United States Postal Service; DB Schenker; SF Express Co. Ltd.; DSV A/S; Nippon Express Co. Ltd.; International Distributions Services plc; The Yamato Transport Company Ltd.; SG Holdings Co. Ltd.; TFI International Inc.; Qantas Courier Limited; ZTO Express Inc.; PostNL NV; Purolator Inc.; Singapore Post Ltd.; OnTrac Inc.; Delhivery Ltd.; Lone Star Overnight LLC; Blue Dart Express Limited; LaserShip Inc.; Spee-Dee Delivery Service Inc.; Dicom Express & GoJIT; Yunda Holding Co Ltd.; DTDC Express Limited; ShipBob Inc.; Eastern Connection Operating Inc.; Dash Courier.
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Courier Services Market Overview
Courier services refer to a quick door-to-door service that picks up an order and delivers it to the customer's home for a nominal fee. They offer a direct delivery service, making it less likely for valuable items to get lost in transit.