The sector will reach $658.3 billion by 2031 at a 5.7% CAGR | Aici


Company Logo

Dublin, Jan. 25, 2023 (GLOBE NEWSWIRE) — The “Courier Services Market By Service Type, By Region, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to the ResearchAndMarkets.com’s a donation.

According to the report, the postal services market was estimated at $381.00 billion in 2021, and is estimated to reach $658.3 billion in 2031, growing at a CAGR of 5.7% from 2022 to 2031.

Asia-Pacific is expected to dominate the global postal services market. The demand for last mile delivery services in Asia-Pacific is expected to witness high growth in the future, due to rise in e-commerce, high population growth, increase in disposable income and living standards, high government support for development of transport infrastructure, and growth in international trade. countries. In addition, a significant increase in online retail sales, coupled with growing demand for fast-moving consumer goods (FMCG) is expected to fuel the growth of the postal services market.

Increasing acceptance of postal services for official documents, such as bank documents, passports, and other business-related documents, is one of the key factors fueling the growth of the postal services market in the services segment.

In addition, increasing adoption of courier services by individual customers to send documents, such as printed matter, original certificates, etc., is expected to drive the growth of the market. Increase in online pharmacy orders is also expected to drive market growth in the healthcare sector.

In addition, the increase in the transportation of medicines by sea is a major factor driving the growth of the healthcare segment of the courier services industry.

The growth of the courier services market around the world has increased due to the development of the e-commerce industry and the increasing demand for fast delivery of packages. However, poor infrastructure and high transportation costs are hampering the growth of the market. In addition, technological advancements are expected to provide growth opportunities during the forecast period.

The courier services market is segmented on the basis of service type, location, end use, and region. By type of service, it is divided into B2B, B2C, and C2C. In terms of destination, it is divided into domestic and international. By end use, it is divided into services, wholesale & retail trade, healthcare, industry & manufacturing, and others. By region, the report is analyzed in North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits for Participants

  • This report provides a quantitative analysis of market segments, current trends, estimates, and potential analysis of the courier services market from 2021 to 2031 to identify opportunities in the postal services market.

  • Market research is provided along with information related to key drivers, restraints, and opportunities.

  • Porter’s five forces analysis highlights the strengths of buyers and suppliers so that stakeholders can make profit-oriented business decisions and strengthen their consumer network.

  • An in-depth analysis of the courier services market segmentation helps to determine the market opportunities that exist.

  • The major countries in each region are mapped according to their revenue contribution to the global market.

  • Positioning of the market players helps to measure and gives a clear understanding of the current position of the market players.

  • The report includes analysis of regional and global market trends, key players, market segments, application areas, and market growth strategies.

Key Market Players

Key Research Findings

  • By type of service, the B2C segment is expected to show significant growth in the near future.

  • Geographically, the international segment is expected to show significant growth in the near future.

  • By end use, the wholesale and retail segment is expected to show significant growth in the near future.

  • By region, Asia-Pacific is expected to register the highest CAGR during the forecast period.

  • Other leading companies profiled in the courier services market report include DB SCHENKER, Deutsche Post DHL Group, DSV A/S, FedEx, Nippon Express Co., Ltd., PostNL, -Qantas Courier Limited, SF Express Co. Ltd., SG Holdings Co. ., Ltd., Singapore Post Limited, United Parcel Service of America, Inc., and Yamato Transport Company, Ltd.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: RESPONSE SUMMARY

CHAPTER 3: MARKET OVERVIEW

CHAPTER 4: MARKET FOR SERVICES, BY TYPE OF SERVICES

CHAPTER 5: THE MARKET FOR SERVICES, BY DESTINATION

CHAPTER 6: THE MARKET FOR SERVICES, BY END-USE

CHAPTER 7: SERVICES MARKET, BY REGION

CHAPTER 8: THE CORPORATE WORLD

CHAPTER 9: COMPANY DETAILS

For more information about this report visit https://www.researchandmarkets.com/r/j9jpja-services?w=12

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide you with the latest information on international and regional markets, key industries, top companies, new products and the latest trends.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *