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Download Free sampleCEPs are used for the delivery of parcels and documents to various types of customers such as business customers, retail customers, and government agencies. The documents and parcels delivered by the CEP vendors are non-palletized items and weigh less than 110 pounds. Express delivery is a time-bound delivery, where the shipment is delivered within a day or two and also as per the requirements of a customer. Whereas, courier service providers deliver shipments that are in very short distance. In addition, CEP vendors provide various value-added services to customers, further enhancing the delivery process.
Courier Express and Parcel Market aims to provide a comprehensive presentation of the global market for Courier, Express and Parcel (CEP), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Courier, Express and Parcel (CEP). Courier Express and Parcel Market contains market size and forecasts of Courier, Express and Parcel (CEP) in global, including the following market information:
Global Courier, Express and Parcel (CEP) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Courier, Express and Parcel (CEP) market was valued at US$ 470450 million in 2022 and is projected to reach US$ 701170 million by 2029, at a CAGR of 5.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
To a certain extent, the rise of the CEP Industry is attributed to the failure of the traditional Postal companies to cope with the changing customer responsiveness, not being more market focused and not able to provide faster services. With the market becoming global, the CEP companies expanded into various geographies, through their International services and started capturing more market share.
We surveyed the Courier, Express and Parcel (CEP) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Courier, Express and Parcel (CEP) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Courier, Express and Parcel (CEP) Market Segment Percentages, by Type, 2022 (%)
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