Global Parcel Delivery Market size was valued at US $ XX Mn. in 2019 and is expected to grow at a CAGR of XX% over 2020-2027, to account for US $ XX Mn. in 2027.
The report covers the Parcel Delivery market by business, destination, service advancement, and technology. The dynamics in parcel delivery market growth are closely analyzed to study market size by region. The report has profiled fifteen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The parcel service environment in each region is different and focus is given on the regional impact on the cost of service, transportation, labor cost, availability of advanced technology, trusted partners are analyzed and the report has come up with recommendations for a future hot spot in the global market.
A large number of consumers need faster home delivery, however, most remain highly price sensitive.
As per the analysis, XX% of people are ready to pay a premium for instant or same-day parcel delivery and the share is expected to grow. The young populations are most likely favors the fast delivery service over normal delivery. Although most people prefer normal delivery services, which are a cost-efficient solution for parcel delivery. China is expected to adopt modern technology than northern regions.
It is expected that autonomous vehicles will cover XX percent of the parcels delivery market in the forecast period.
The growth in atomization technology and autonomous vehicle growth such as the automated a guided vehicle with parcel lockers, drones, and bike couriers. Autonomous vehicles including drones are expected to cover XX% of the market and drones are mostly preferred for the delivery of the small parcel.
Scope of the Global Parcel Delivery Market :
Global Parcel Delivery Market ,By Business
• B2B (Business-to-Business)
• B2C (Business-to-Consumer)
B2B (Business-to-Business) the segment is expected to dominate the market in the forecast period.
The B2B (Business-to-Business) dominates the Parcel Delivery market and is expected to maintain dominance in the forecast period. Increasing B2B parcel drop numbers per recipient and special requirements for delivery is expected to boost the parcel delivery market. The growth of the e-commerce and online grocery market is driving the B2C segment, the growth of B2C parcel delivery is expected to grow at XX% in 2020-2020. The major challenges in the growth of the B2C segment are government regulations, fuel prices, and transportation.
Global Parcel Delivery Market, By Destination
• Domestic
• International
The Domestic segment has a major market share of xx% in 2019 and is expected to reach US$ xx Mn by 2027.
The Domestic market is expected to grow at a CAGR of xx% in the forecast period. Growth of e-commerce, customer preference has increased in domestic parcel delivery. Large e-commerce players are establishing their parcel delivery chain in the domestic market for ease of delivery of parcels and customer satisfaction by the digitalization of parcel tracking. Domestic parcel delivery start-ups have identified same-day delivery and instant delivery as a key differentiator to their competitors. The number of delivery options and delivery type is driving the domestic segment. The vendors in the market are working hard for a better customer experience and improving parcel delivery time.
Asia-Pacific is expected to grow at a CAGR of XX% during 2019-2027 to reach US$ xx Bn. by 2027.
Thanks to the growth in e-commerce and online food delivery market across the region, Asia-Pacific the parcel delivery market is expected to lead the global market in the forecast period. Rise in the good amount of spending and growing population driving the demand for cost-efficient and reliable parcel delivery service. Moreover, urbanization and growth in intercity transportation are propelling the market growth. China accounts for a major parcel delivery market share in the Asia Pacific region. China holds the major share in instant parcel delivery, which is XX% of total global instant parcel delivery.
The objective of the report is to present a comprehensive analysis of the Global Parcel Delivery Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Parcel Delivery Market dynamics, structure by analyzing the market segments and project the Global Parcel Delivery Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Parcel Delivery Market make the report investor’s guide.
Global Parcel Delivery Market, By Business
• B2B (Business-to-Business)
• B2C (Business-to-Consumer)
Global Parcel Delivery Market, By Destination
• Domestic
• International
Global Parcel Delivery Market, By End User
• Services (BFSI (Banking, Financial Services and Insurance))
• Wholesale and Retail Trade (E-commerce)
• Manufacturing, Construction, and Utilities
• Primary Industries (Agriculture, and Other Natural Resources)
Global Parcel Delivery Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Global Parcel Delivery Market
• Bell and Howell
• Cleveron Ltd.
• TZ Ltd., LLC
• KEBA AG
• ENGY Company
• Neopost Group
• ByBox Holdings Ltd.
• InPost
• Smartbox Ecommerce Solutions Pvt. Ltd.
• Amazon.com, Inc.
• Deutsche Post DHL Group
• United Parcel Service Inc.
• FedEx Corporation
• Aramex PJSC
• SF Express (Group) Co. Ltd
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