Market Share of Courier, Express, and Parcel (CEP) Industry
The Courier, Express, and Parcel (CEP) Market is fragmented and highly competitive. DHL, FedEx, and UPS continue expanding their business across the globe to capture the market in the untapped areas. The global express and small parcels market continues to be driven forward by e-commerce. Companies are trying to grow organically or inorganically to improve their product offerings, services, and geographical reach. The international players are making strategic investments to establish a regional logistics network, such as opening new distribution centres, smart warehouses, etc. Local companies face high competition with multinational companies with comparatively well-developed infrastructure. In the regional context, domestic companies still have an edge.
Courier, Express & Parcel (CEP) Market Leaders
Deutsche Post DHL Group
United Parcel Service Inc.
FedEx Corporation
SF Express (Group) Co. Ltd
Poste Italiane SpA
*Disclaimer: Major Players sorted in no particular order
