Parcel Delivery Market Scope
Parcel delivery is the way of transporting commodities from source to destination by various means such as postal, courier or another way of shipping methods which involves the use of various modes of transportations such as rail, road, air as well as water. Often the goods which are parcelled are properly wrapped or sealed in paper. Rising e-commerce industries has created a huge opportunity for local as well as global demand for the very market. With consumers expected to avail the services at doorsteps and rising transportation infrastructure, the demand for the parcel delivery is expected to grow in the forecasted period.
The Parcel Delivery market study is segmented by Type (B2B, B2C and other), by Application (Online Trading and Offline Trading) and major geographies with country level break-up.
The Manufacturers having a strong hold in the market are UPS FedEx Deutsche Post DHL Yamato Holdings (Yamato Transport) SG Holdings (Sagawa Express). Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Parcel Delivery market throughout the predicted period.
UPS (United States), FedEx (incl. TNT Express) (United States), Deutsche Post DHL (Germany), Yamato Holdings (Yamato Transport)(Japan), SG Holdings (Sagawa Express) (Japan), Japan Post Group (Japan), United States Postal Service (USPS) (United States) and Amazon Logistics (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are China Post (China), Royal Mail (GLS) (United Kingdom) and La Poste Group (Geopost) (France).
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.
AdvanceMarketAnalytics has segmented the market of Global Parcel Delivery market by Type, Application and Region. On the basis of Type, B2B are dominating the market in the year 2019 where as B2C stood as second largest market share.
On the basis of application, Domestic segment is dominating the market in the year 2019 where as International segment stood as second largest market.
On the basis of geography, the market of Parcel Delivery 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). Asia Pacific region held largest market share in the year 2019. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In March 2018, FedEx a multinational courier delivery services company announced the acquisition of U.K. based P2P mailing Limited. P2P facilitates cross border e-commerce deliveries with the asset-light model which relies on a proprietary IT platform to string together final mile delivery. The company offers a wide range of delivery services targeting varying customer needs.
In October 2018, JD.com, a Chinese e-commerce company opened its leading logistic network to consumer with its new parcel delivery service. The people across China can use JD service to send parcels around the country, making the first entry by Ecommerce Company into that nationís parcel delivery business.
- Consumer Demand for Convenience Method for Collecting and Returning B2C Parcel
- Rising Demand For Same Day Delivery
- Rising e-commerce Business Fuelled by Growing Internet Penetration
- Growth in Cross-border Parcel Deliveries Owing to Globalization
- Growth in Internet Retail Sales and Rising Demand for Local Delivery
- Adoption of innovative parcel delivery technologies such as Semiautonomous ground vehicles and Drone delivery
- Susceptibility to Loss of Parcel and Intricacy Involved in Claiming Reimbursement
- Improper Transportation Infrastructure and Soaring Fuel Prices
- Timely Delivery of Parcels in Remote Areas
- Ensuring Proper Delivery of Fragile Commodities
Key Target AudienceParcel Delivery Services Manufacturers, Parcel Delivery Services Distributors/Traders/Wholesalers, Parcel Delivery Services Subcomponent Manufacturers, Industry Association and Downstream Vendors
Frequently asked questions:1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Parcel Delivery Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2025.
3. What is expected growth rate?
According to AMA, the Global Parcel Delivery market is expected to see growth rate of 10.6%.