International Courier Market Definition
The global international courier market is expected to rise in the coming years due to the rising demand for imported goods and home delivery facilities. With the automation in courier services and advancements in the transportation industry, the market will further grow. The international courier service is shipping and delivery services offered worldwide with insured and non-insured package offered. This courier service is used for personal as well as commercial purposes. Industries like healthcare, pharmaceutical, e-commerce, automotive, etc use international courier services widely.
The market study is broken down by Type (Insured Package and Non-insured Package), by Application (Personal, Business and Government and Organization) and major geographies with country level splits.
FedEx Corporation (United States), DHL International GmbH (Germany), Aramex (UAE), United Parcel Service Inc. (UPS) (United States), ParcelHero (United Kingdom), Planet International Courier (India), TNT Express (Netherlands), EMS (Express Mail Service) (United States), Postaplus, Inc. (Kuwait), Japan Post Holdings Co., Ltd (Japan), YRC Worldwide Inc. (United States) and DB Schenker (Germany) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global International Courier market by Type, Application and Region.
On the basis of geography, the market of International Courier has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Healthcare will boost the International Courier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Transportation, the sub-segment i.e. Land Transportation will boost the International Courier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 16th December 2019, Posta Plus announced the expansion and launch of new services in Oman. This expansion is planned to deploy innovative shipping and logistics concepts in the MENA region and worldwide. According to the company, Oman is a promising market for logistics companies as its e-commerce sector is growing and the country’s government plans to improve the logistics industry in the region. Posta Plus’s new services in Oman include a ‘cash on delivery’ solution, which offers customers a convenient delivery experience.
"IMO – the International Maritime Organization states the shipping is a truly international industry, and it can only operate effectively if the regulations and standards are agreed upon, adopted and implemented on an international basis. And IMO is the forum at which this process takes place. International shipping transports more than 80 percent of global trade to peoples and communities all over the world. Shipping is the most efficient and cost-effective method of international transportation for most goods; it provides a dependable, low-cost means of transporting goods globally, facilitating commerce and helping to create prosperity among nations and peoples. IMO measures cover all aspects of international shipping – including ship design, construction, equipment, manning, operation, and disposal – to ensure that this vital sector remains safe, environmentally sound, energy-efficient and secure."
- The Advent of AI and Automation in International Courier Market
- The Emerging Tracking and Tracing Services
- Collaborative Transportation Management in International Courier
- Demand for Imported Goods from Foreign Countries
- Increasing Demand for Home Delivery Facility
- Technological Advancement in International Courier Services
- Surging E-commerce Industry Worldwide will Boost the International Courier Market
- High-Cost and Complexities with International Courier
- The Technological Errors and Issues with International Courier Management
- Problems with International Returns might be the Hindrance
Key Target Audience
International Courier Service Providers, Potential Investors, Regulatory Bodies, Research Institutes and Others
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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