Asia-Pacific Courier, Express, and Parcel (CEP) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Asia-Pacific CEP Market is Segmented by Business (B2B, B2C), Destination (Domestic and International), by End-User (Services, Wholesale and Retail Trade (E-commerce), Manufacturing, Construction, Utilities and Primary Industries ), and by Country.

Market Snapshot

CAGR
Study Period: 2016 - 2026
Base Year: 2020
CAGR: >6 %

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Market Overview

The Asia-Pacific CEP Market is estimated to grow at a CAGR of more than 6% during the forecast period.

Asia-Pacific is the largest regional parcel market by value, accounting for more than 60% of the total ecommerce market worldwide. The demand for CEP services in the Asia-Pacific region is expected to witness high growth during the forecast period, owing to the high population growth, rising disposable incomes and standards of living, and growth in international trade.

As the governments are focusing on developing the manufacturing sectors in the countries and the global companies are setting up their manufacturing bases in the region, the international trade of the countries is rising and is expected to rise further in the future. The retail sector in the region is also growing rapidly.

China contributes to the major share of the Asia-Pacific CEP market. The express delivery market of the country is the largest in the world and accounts for almost 40% of the total delivery volume across the world. The Southeast Asia region is one of the emerging hotspots, globally, attracting investments from across the world. E-commerce in the region is also expected to bolster through the forecast period.

Scope of the Report

The report offers a complete background analysis of the Asia-Pacific courier, express, and parcel (CEP) market, including market overview, market size estimation for key segments and emerging trends by segments, and market dynamics. The report also offers the Impact of COVID - 19 on the market and also covers the competitive landscape of the industry.

By Business
B2B (Business-to-business)
B2C (Business-to-consumer)
By Destination
Domestic
International
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)
By Country
China
Japan
Australia
India
Singapore
Malaysia
Indonesia
Thailand
South Korea
Rest of Asia-Pacific

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Key Market Trends

Growing E-Commerce trend in the region:

Asia is the fastest-growing region in the global e-commerce marketplace accounting for the largest share, around 64% of the world’s business-to-consumer e-commerce market. In 2019, China lead the e-commerce market in the Asia Pacific with 61% of consumers shopping online whilst New Zealand and Japan is the smallest markets, lagging behind at 33% and 34% respectively. Asia’s stellar growth in e-commerce is not limited to China, as India, Japan, and South Korea are among the economies with the largest shares of e-commerce sales in retail sales worldwide. China also has the second-largest retail market in the world and the cross-border e-commerce channel in the market is growing rapidly. This rapid growth in e-commerce markets in the region drives the demand for express and parcel deliveries.

APAC CEP Market trend1

Increasing Express Shipments and Small Parcels:

Asia-Pacific has continued to cement its position as one the world’s most important regions for express parcels. The national postal operators such as SingPost, Japan Post and Australia Post are all investing heavily to expand their operations in the region. The region has long been a major destination for multinational companies as supply chains have globalized and demand for Asian exports from Western countries has increased. As the region moves from an export-dependent to a consumer-driven economy, logistics dynamics are shifting. What was once an international supply chain dominated by air and ocean freight providers has evolved into an e-commerce-driven regional supply chain influenced by domestic express and small parcel suppliers. Unlike the US, the Asia-Pacific market is a fragmented and immature market struggling to meet huge demand. As a result, many retailers and providers of e-commerce have established their own logistics solutions.

APAC CEP Market trend2

Competitive Landscape

The Asia Pacific CEP Market is Fragmented with the presence of many International and Local CEP companies. As the demand for CEP services is growing rapidly across the globe specially in developing countries, the companies are becoming more competitive to capture the huge opportunity. The international players are making strategic investments to establish a regional logistics network, such as the opening of new distribution centers, smart warehouses, etc. In the Asia-Pacific region, the interantional logistics companies like DHL, FedEx and UPS are some of the more prominent players with greater market share as compared to other logistics players in the region. The domestic players in each country dominate the CEP market in the respective countries.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Current Market Scenario

    2. 4.2 Value Chain/Supply Chain Analysis

    3. 4.3 Government Regulations and Initiatives

    4. 4.4 Technological Trends and Automation in APAC CEP Industry

    5. 4.5 Insights on the E-commerce Industry (Domestic and Cross-border E-commerce)

    6. 4.6 Insights on Startups, Venture Capital Funding in APAC CEP Industry

    7. 4.7 Brief on Courier Rates

    8. 4.8 Elaboration on Storage Functions and Value-added Services in CEP Business

    9. 4.9 Insights into the Reverse Logistics and Same-day Delivery Market

    10. 4.10 Insights into Deliveries during Festive Season (Christmas, Singles’ Day, Black Friday, etc.)

    11. 4.11 Impact of COVID-19 on the Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

    2. 5.2 Market Restraints/Challenges

    3. 5.3 Market Opportunities

    4. 5.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 5.4.1 Threat of New Entrants

      2. 5.4.2 Threat of Substitute Products

      3. 5.4.3 Bargaining Power of Buyers/Consumers

      4. 5.4.4 Bargaining Power of Suppliers

      5. 5.4.5 Intensity of Competitive Rivalry

  6. 6. MARKET SEGMENTATION (MARKET SIZE (2016-2025), GROWTH, TRENDS, AND FORECASTS)

    1. 6.1 By Business

      1. 6.1.1 B2B (Business-to-business)

      2. 6.1.2 B2C (Business-to-consumer)

    2. 6.2 By Destination

      1. 6.2.1 Domestic

      2. 6.2.2 International

    3. 6.3 By End User

      1. 6.3.1 Services (BFSI (Banking, Financial Services and Insurance))

      2. 6.3.2 Wholesale and Retail Trade (E-commerce)

      3. 6.3.3 Manufacturing, Construction, and Utilities

      4. 6.3.4 Primary Industries (Agriculture, and Other Natural Resources)

    4. 6.4 By Country

      1. 6.4.1 China

      2. 6.4.2 Japan

      3. 6.4.3 Australia

      4. 6.4.4 India

      5. 6.4.5 Singapore

      6. 6.4.6 Malaysia

      7. 6.4.7 Indonesia

      8. 6.4.8 Thailand

      9. 6.4.9 South Korea

      10. 6.4.10 Rest of Asia-Pacific

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Overview (Market Concentration, Major Players)

    2. 7.2 Company Profiles

      1. 7.2.1 Deutsche Post DHL Group

      2. 7.2.2 United Parcel Service Inc.

      3. 7.2.3 SF Express (Group) Co. Ltd

      4. 7.2.4 Australia Post

      5. 7.2.5 Yamato Holdings Co. Ltd

      6. 7.2.6 Blue Dart

      7. 7.2.7 Pos Malaysia Berhad

      8. 7.2.8 JNE Express

      9. 7.2.9 CJ Logistics

      10. 7.2.10 GD Express Sdn Bhd

      11. 7.2.11 Thailand Post

      12. 7.2.12 FedEx

      13. 7.2.13 Sagawa Express

      14. 7.2.14 Kerry Express

      15. 7.2.15 Toll Group*

    3. *List Not Exhaustive
    4. 7.3 Other companies (Key Information/Overview)

  8. 8. FUTURE OF THE MARKET

  9. 9. APPENDIX

**Subject to Availability

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Frequently Asked Questions

The Asia-Pacific CEP Market market is studied from 2016 - 2026.

The Asia-Pacific CEP Market is growing at a CAGR of >6% over the next 5 years.

DHL, FedEX, UPS, SF Express, Pos Malaysia are the major companies operating in Asia-Pacific CEP Market.

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