Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "Express Delivery - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Express Delivery was estimated at US$307.2 Billion in 2023, and is projected to reach US$415.8 Billion by 2030, growing at a CAGR of 4.4% from 2023 to 2030.
The growth in the express delivery market is driven by several factors. One of the primary drivers is the exponential rise of e-commerce, with consumers expecting quicker delivery times for online purchases. The proliferation of smartphones and internet accessibility has made it easier for consumers to shop online, thereby increasing the volume of parcels needing express delivery.
Additionally, consumer behavior has shifted towards prioritizing convenience and speed, compelling businesses to adopt express delivery options to stay competitive. Technological innovations, such as the use of big data and AI, have enabled better route optimization and efficient resource management, reducing delivery times and costs. The increasing urbanization and changing lifestyles, where people prefer home deliveries over traditional shopping, also contribute significantly to market growth.
Furthermore, partnerships between e-commerce giants and logistics providers have streamlined supply chains, enhancing delivery speed and efficiency. Finally, the COVID-19 pandemic has accelerated the demand for express delivery services, as lockdowns and social distancing measures pushed more consumers to rely on online shopping and home delivery for essentials.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Business-to-Consumer (B2C) Express Delivery segment, which is expected to reach US$275.7 Billion by 2030 with a CAGR of a 4.7%. The Business-to-Business (B2B) Express Delivery segment is also set to grow at 3.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $83.7 Billion in 2023, and China, forecasted to grow at an impressive 7.3% CAGR to reach $84.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Express Delivery Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Express Delivery Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Express Delivery Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aramex International LLC, DSV A/S, Geodis SA, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 290 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $307.2 Billion |
| Forecasted Market Value (USD) by 2030 | $415.8 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Express Delivery - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
FOCUS ON SELECT PLAYERS
- Aramex International
- DSV
- Geodis
- Blue Dart Express Limited
- Deutsche Post DHL Group
- SF Express (Group) Co. Ltd.
- Delhivery Pvt. Ltd.
- Shanghai YTO Express (Logistics) Co., Ltd.
- ZTO Express
- Shiprocket
- TCI Express Limited
- DTDC
- FedEx Corporation
- GO! Express & Logistics Deutschland GmbH
- Omni Reliable Logistics
- World Express Delivery Services Inc.;
MARKET TRENDS & DRIVERS
- Increasing E-commerce Growth
- Rising Consumer Expectations for Fast Delivery
- Expansion of Same-Day Delivery Services
- Advances in Delivery Management Software
- Impact of Urbanization on Delivery Logistics
- Growth in Cross-Border E-commerce
- Adoption of Drone and Autonomous Vehicle Deliveries
- Increasing Demand for Contactless Deliveries
- Growth in B2B Express Delivery Services
- Development of Green and Sustainable Delivery Solutions
- Impact of Regulatory Changes on Delivery Operations
- Expansion of Third-Party Logistics Providers
- Increasing Investments in Delivery Infrastructure
- Technological Innovations in Route Optimization
- Increasing Competition among Delivery Service Providers
GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/54p5b6
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