What is Courier Express and Parcel Market?
Couriers are different from normal mail services because the courier have some specific features such as speed, security, tracking, signature, specialization of express services, and swift delivery times, which are optional for most everyday mail services. Couriers is generally a premium service, more expensive than standard mail services, and their use is usually limited to packages where one or more of these features are considered important enough to warrant the cost. Courier and parcel services supply numerous things such as documents, packages, and other important things in an easy and well-organized manner.
The market study is being classified, by Application (Business-To-Business (B2B), Business-To-Consumer (B2C) and Consumer-To-Consumer (C2C)) and major geographies with country level break-up.
Eastern Connection (United States), FedEx Corporation (United States), DTDC (India), TNT (Netherlands), Aramex (United Arab Emirates), Deutsche Post DHL Group (Germany), United Parcel Service Inc. (UPS) (United States), SF Express (Group) Co., Ltd. (China), Kerry Logistics Network Limited (Hong Kong), Yamato Holdings Co. Ltd (Japan), Sagawa Express Co., Ltd. (Japan), Vietnam Post Corporation (VNPost) (Vietnam), Courier Express (United States) and LaserShip (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Last Mile Logistics Group (United States), Lone Star Overnight (United States) and NAPAREX (United States).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Courier Express and Parcel market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Courier Express and Parcel market by Type, Application and Region.
On the basis of geography, the market of Courier Express and Parcel 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growth in the E-Commerce Industry
- Rising Need For Automated Sorting and Delivery Process
- Rising Preference for Just-in-time Shipping Logistics
- High Initial Investment and Maintenance Cost
- Growth in Internet Retail Sales and Rising Demand For Local Delivery
- Adoption of Innovative Parcel Delivery Technologies such as Semiautonomous Ground Vehicles and Parcel Tracking
- Ensuring Proper Delivery on Time
- Highly Consolidated Market
In Europe: Regulation 2018/644 of 18 April 2018 on cross-border parcel delivery services (the Regulation), which entered into force on 22 May 2018 is followed for the parcel delivery. The Regulation obligates cross-border parcel delivery service providers to inform the national regulatory authorities (in the Netherlands the Authority for Consumers and Markets (ACM)) of their single-piece tariffs for both domestic and cross-border parcel delivery services, on 31 January of every year at the latest.
Key Target AudienceCourier Express and Parcel Services Providers, Industry Association and Downstream Vendors, Potential Investors, Research Firm and Others
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