Market Overview:
The global parcel services market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for parcel services from both B2B and B2C segments, and the growing e-commerce industry. In terms of type, the air transport segment is expected to hold a major share of the global market during the forecast period, owing to its high speed and efficiency.
Product Definition:
Parcel services are a type of courier service that specializes in the delivery of packages, parcels, and other small items. Parcel services are often used to send items between businesses and consumers, or to ship goods overseas. They offer a convenient and affordable way to send items securely and quickly. Parcel services can be used for a variety of purposes, including business communications, shipping products internationally, and sending gifts.
Air Transport:
Air transport is the fastest mode of land transportation and one of the most preferred modes of parcel delivery. It has been witnessing significant growth over the past few years, on account of increasing demand for fast parcel delivery services from various end-use industries such as e-commerce and FMCG.
Land Transport:
The global land transport and it's usage in parcel services market is expected to witness significant growth over the forecast period. The parcels are sent by various modes of transport such as road, rail, sea and air. Parcel delivery can be done by any person with a vehicle or on a bicycle using a cart attached to the back of the bike or truck. The parcels are collected from customers either at their destination or at some other convenient place chosen by them.
Application Insights:
The global parcel services market has been segmented into business-to-business and business-to-consumer based on the type of shipment. The B2B segment dominated the market in 2017, accounting for more than 60% share of the overall revenue. This is attributed to a rise in demand from various industries such as IT & telecom, retail and FMCG that require speedy delivery at affordable prices. Parcel services are widely used by companies to send electronic goods back home from their foreign offices thus reducing their inventory levels at domestic locations.
The B2C segment is expected to grow significantly over the forecast period owing to rising ecommerce shipments globally coupled with increasing penetration of mobile phones, tablets and laptops among consumers globally which has resulted in an increased need for these devices amongst school children across developing countries including China India Indonesia etc. Thus leading them towards using online parcel services providers like DHL or UPS who offer door step delivery service thus driving growth further over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing internet penetration and rising e-commerce activities in developing countries, such as China and India. Moreover, factors such as growing population, rapid urbanization coupled with increasing disposable income are expected to drive parcel shipments in APAC. Increasing foreign investments in these regions are also anticipated to fuel industry growth over the next eight years.
The European region accounted for a significant share of global revenue owing to high internet penetration rates and early adoption of advanced technologies across major countries including Germany, U.K., France among others which have a well-established logistics infrastructure facilitating efficient supply chain management practices for all modes of transport including air; sea; road etc.
Growth Factors:
- Increasing urbanization: The global population is increasingly moving to cities, and this is driving the demand for parcel services as consumers need faster and more reliable delivery of goods.
- Rising e-commerce: E-commerce is growing rapidly, and this is fueling the demand for parcel services as consumers want their goods delivered quickly and securely.
- Growing express delivery market: The express delivery market is growing rapidly, driven by the rise in online shopping and the growth of international trade. This is benefiting the parcel services industry as it leads to increased demand for fast, reliable deliveries.
- Proliferation of smartphones: The proliferation of smartphones has led to a surge in mobile commerce, which is boosting demand for parcel deliveries. As more people shop online using their phones, the need for speedy and reliable deliveries will continue to grow.
Scope Of The Report
Report Attributes
Report Details
Report Title
Parcel Services Market Research Report
By Type
Air Transport, Land Transport, Sea Transport
By Application
Business-To-Business (B2B), Business-To-Consumer (B2C), Consumer-To-Consumer (C2C)
By Companies
FedEx, UPS, A-1 Express, BDP, Deutsche Post DHL Group, Allied Express, Aramex, American Expediting, Antron Express, DX Group, General Logistics Systems, Deliv, Unique Air Express, Yodel, One World Express, Tuffnells Parcels Express
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Parcel Services Market Report Segments:
The global Parcel Services market is segmented on the basis of:
Types
Air Transport, Land Transport, Sea Transport
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Business-To-Business (B2B), Business-To-Consumer (B2C), Consumer-To-Consumer (C2C)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FedEx
- UPS
- A-1 Express
- BDP
- Deutsche Post DHL Group
- Allied Express
- Aramex
- American Expediting
- Antron Express
- DX Group
- General Logistics Systems
- Deliv
- Unique Air Express
- Yodel
- One World Express
- Tuffnells Parcels Express
Highlights of The Parcel Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Transport
- Land Transport
- Sea Transport
- By Application:
- Business-To-Business (B2B)
- Business-To-Consumer (B2C)
- Consumer-To-Consumer (C2C)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Parcel Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PARCEL SERVICES is a delivery service that delivers packages and parcels to addresses in the United States. Parcel Services uses a variety of methods to deliver packages, including ground, air, and express shipping.
Some of the key players operating in the parcel services market are FedEx, UPS, A-1 Express, BDP, Deutsche Post DHL Group, Allied Express, Aramex, American Expediting, Antron Express, DX Group, General Logistics Systems, Deliv, Unique Air Express, Yodel, One World Express, Tuffnells Parcels Express.
The parcel services market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Parcel Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Parcel Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Parcel Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Parcel Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Parcel Services Market Size & Forecast, 2020-2028
4.5.1 Parcel Services Market Size and Y-o-Y Growth
4.5.2 Parcel Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Air Transport
5.2.2 Land Transport
5.2.3 Sea Transport
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Business-To-Business (B2B)
6.2.2 Business-To-Consumer (B2C)
6.2.3 Consumer-To-Consumer (C2C)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Parcel Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Parcel Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Air Transport
9.6.2 Land Transport
9.6.3 Sea Transport
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Business-To-Business (B2B)
9.10.2 Business-To-Consumer (B2C)
9.10.3 Consumer-To-Consumer (C2C)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Air Transport
10.6.2 Land Transport
10.6.3 Sea Transport
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Business-To-Business (B2B)
10.10.2 Business-To-Consumer (B2C)
10.10.3 Consumer-To-Consumer (C2C)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Air Transport
11.6.2 Land Transport
11.6.3 Sea Transport
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Business-To-Business (B2B)
11.10.2 Business-To-Consumer (B2C)
11.10.3 Consumer-To-Consumer (C2C)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Air Transport
12.6.2 Land Transport
12.6.3 Sea Transport
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Business-To-Business (B2B)
12.10.2 Business-To-Consumer (B2C)
12.10.3 Consumer-To-Consumer (C2C)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Air Transport
13.6.2 Land Transport
13.6.3 Sea Transport
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Business-To-Business (B2B)
13.10.2 Business-To-Consumer (B2C)
13.10.3 Consumer-To-Consumer (C2C)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Parcel Services Market: Competitive Dashboard
14.2 Global Parcel Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FedEx
14.3.2 UPS
14.3.3 A-1 Express
14.3.4 BDP
14.3.5 Deutsche Post DHL Group
14.3.6 Allied Express
14.3.7 Aramex
14.3.8 American Expediting
14.3.9 Antron Express
14.3.10 DX Group
14.3.11 General Logistics Systems
14.3.12 Deliv
14.3.13 Unique Air Express
14.3.14 Yodel
14.3.15 One World Express
14.3.16 Tuffnells Parcels Express
