Market Size of australia courier, express, and parcel (cep) Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 11.13 Billion |
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Market Size (2030) | USD 15.02 Billion |
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Largest Share by Destination | Domestic |
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CAGR (2024 - 2030) | 5.12 % |
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Fastest Growing by Destination | International |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Australia Courier, Express, and Parcel (CEP) Market Analysis
The Australia Courier, Express, and Parcel (CEP) Market size is estimated at 11.13 billion USD in 2024, and is expected to reach 15.02 billion USD by 2030, growing at a CAGR of 5.12% during the forecast period (2024-2030).
11.13 Billion
Market Size in 2024 (USD)
15.02 Billion
Market Size in 2030 (USD)
3.69 %
CAGR (2017-2023)
5.12 %
CAGR (2024-2030)
Fastest Growing Market by Speed of Delivery
5.87 %
Projected CAGR, Express, 2024-2030
The developing express delivery services of the national postal service and other leading players are majorly contributing to the segment's growth.
Fastest Growing Market by Model
6.66 %
Projected CAGR, Business-to-Consumer (B2C), 2024-2030
The growing e-commerce parcel purchases, by volume, from leading online retailers in the country are driving the segment's growth.
Largest Market by Shipment Weight
69.60 %
value share, Light Weight Shipments, 2023
Delivery demand for groceries and strategic partnerships, collaborations, and initiatives for pharmaceutical goods deliveries are majorly driving the segment's growth.
Largest Market by End User Industry
35.49 %
value share, E-Commerce, 2023
Top e-commerce players and their strategic initiatives facilitate the fulfillment of major delivery demands generated in the country.
First leading Market player
39.34 %
market share, Australia Post, 2022
Australia Post operates with over 4,300 post offices, including 2,500+ in rural and remote areas. The company has one of the largest delivery fleets of 4,635 electric vehicles.
The demand for courier, express, and parcels is expected to grow owing to growth of e-commerce
- Several courier pickup and delivery services in Australia came up during the review period (2016-2021). In 2016, 15,788 businesses were operating in the CEP market. This number increased to 24,440 businesses in the market in 2020, then to 24,731 businesses in 2021. In 2022, the number of businesses operating in the Australian courier market was about 29,786. In 2023, Australia Post, worked cooperatively with its workforce and the Communication Workers Union to trial a new model for mail delivery which resulted in expansion of delivery points by more than 10% per round, and enabled postal workers to carry up to 20% more parcels.
- E-commerce is a major driver for domestic and international CEP segment demand. The e-commerce market increased by 35.09% YoY in 2020 and reached about USD 28 billion due to increased demand owing to social distancing norms and work-from-home circumstances due to the global pandemic spread. The main category driving the parcel volumes was the fashion segment, and the electronics segment. The gross value added (GVA) by Australia's transport, postal, and warehousing industry as of December 2021 was around USD 61.38 billion. Also, in 2020, of the total cross-border online purchases made in Australia, 41% were purchased from China and 24% from the United States.
- In 2022, post offices in Australia conducted 192 million transactions. Also, Australia Post, the national postal service, delivered 526 million parcels in the 2022 financial year. This has played a major role in the increased contribution from the domestic and international CEP segment during the historic period reaching up to 2022 largely due to increasing e-commerce. Also, e-commerce, a major driver, is projected to touch USD 54.68 billion by 2027 and is expected to fuel CEP market growth.
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Understand The Key Trends Shaping This Market
