International Express Service Market Size
International Express Service Market Analysis
The International Express Service Market size is estimated at USD 70.30 billion in 2025, and is expected to reach USD 96.80 billion by 2030, at a CAGR of 6.62% during the forecast period (2025-2030).
The international express services landscape is being reshaped by evolving global trade relationships and infrastructure developments. The implementation of the United States-Mexico-Canada Agreement (USMCA) has created new opportunities for small retail businesses through reduced express delivery expenses. Similarly, the Asia-Pacific region has witnessed significant progress in trade facilitation, with countries implementing measures to simplify customs procedures and reduce trade barriers. A notable example is India's signing of the Comprehensive Economic Partnership Agreement (CEPA) with the UAE, which has streamlined cross-border logistics operations. These developments have fostered a more conducive environment for international express services, enabling faster and more efficient cross-border deliveries.
Major service providers are actively expanding their operational footprint and forming strategic partnerships to enhance their service capabilities. In 2023, DHL announced a significant partnership with BigCommerce to help online business owners expand their global product portfolio. Amazon Air launched its dedicated air cargo service in India in 2023, investing in Quikjet to exclusively transport packages across four major Indian cities. The company's fleet now comprises 110 jets serving 70 locations worldwide, demonstrating the increasing focus on building robust air freight networks for express deliveries.
The industry has witnessed remarkable improvements in delivery capabilities and operational efficiency. In 2022, approximately 26% of US retailers offered same-day delivery services, with many planning to expand these capabilities over the next three years. The express delivery business volume distribution shows a significant focus on long-distance deliveries, accounting for 86.6% of total volume, while international deliveries and intra-city deliveries represent 1.8% and 11.6%, respectively. This distribution pattern reflects the industry's growing capability to handle complex long-distance logistics operations while maintaining service quality.
Technological advancements and infrastructure investments continue to drive industry innovation. Germany's global express service sector has demonstrated strong trade capabilities, handling textile exports worth USD 40.8 billion and imports exceeding USD 62.5 billion in 2022. Major carriers like FedEx, DHL, and UPS have expanded their same-day and express delivery services to over 200 global locations, with some companies operating more than 2,000 daily flights specifically for time-sensitive deliveries. These developments highlight the industry's commitment to leveraging advanced logistics networks and technologies to meet evolving customer demands for faster, more reliable international express services.
Global International Express Service Market Trends
The North American transportation and storage market increased to 21.35% in 2022, valued at USD 642.60 billion, with investment boost
- Asia Pacific is experiencing increased demand for transportation, especially in shipping, which handles a significant portion of global seaborne trade. This region boasts nine of the world's busiest container ports and accounts for more than 40% of global surface freight transport. By 2050, freight transport demand in the region is projected to triple. Meanwhile, Germany has become a leader in the transportation and warehousing sector, surpassing France and the United Kingdom, ranking third globally in imports and exports. To improve transportation infrastructure, the German government plans to invest over EUR 12 billion (USD 12.81 billion) in federal highways and about USD 1.81 billion in waterways in 2022.
- Global foreign direct investment (FDI) flows in 2022 fell by 24%, totaling USD 1,286 billion, or a 5% decrease when excluding Luxembourg, compared to the previous year. The United States remained the top destination for FDI inflows, receiving USD 318 billion, followed by China with USD 180 billion, although at lower levels. Cross-border merger and acquisition (M&A) activity slowed down with fewer deals, while the outlook for greenfield investment remained positive.
- Transportation and storage in North America saw a significant growth boost, rising from 14.31% YoY in 2021 to 21.35% YoY in 2022, driven by increased demand for e-commerce warehousing and distribution centers. This growth encompassed various transportation facets, reaching a total value of USD 642.60 billion. In 2022, the US Department of Transportation introduced the Port Infrastructure Development Program, allocating more than USD 703 million for 41 projects in 22 states to improve port capabilities, enhance supply chain reliability, and create job opportunities.
For over a year, Russia's invasion of Ukraine disrupted global crude oil and petroleum product markets
- In 2022, the global average price of gasoline at the pump was USD 1.22 per liter, a 19% increase from the previous year, exceeding pre-COVID-19 levels. Following the 2021 rebound amid economic recovery, 2022 prices hiked following crude oil increase due to supply disruption risk amid war. Gasoline prices in Europe are the highest compared to other regions. Gasoline is particularly expensive in Iceland, Norway, Denmark, Greece, Finland, and the Netherlands at USD 7.6 per gallon.
- The Brent crude oil price rose significantly in the first half of 2022 but generally declined in the second half of the year. The Brent crude oil spot price averaged USD 100 per barrel in 2022. Total OPEC crude oil production fell from an average of 29.2 million b/d in Q3 2022 to 28.6 million b/d in Q4 2022. In 2023, OPEC crude oil production is expected to average 28.9 million barrels per day. Oil prices have peaked since last November as Russia and Saudi Arabia continue to cut 1.3 million barrels daily from their output, even as global demand rises to near-record levels.
- Diesel is produced from crude oil, so prices are closely linked to diesel prices. Diesel prices in the United States and globally increased rapidly in the spring of 2022 because of concerns about global diesel supply. Although crude oil prices declined in the second half of 2022, US diesel futures prices rose again in October 2022 to USD 3.95 per gallon due to seasonal demand and diesel supply concerns for Europe. Russia has been Europe's largest supplier of diesel. In 2023, diesel prices declined in Europe and the United States as Europe has been able to replace most of the diesel it would have imported from Russia with imports from other regions.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Global population is projected to rise to 9.7 billion by 2050, fueled by urbanization and longer lifespans
- Recovery of Global GDP (nominal) since 2020, with maximum growth witnessed in the oil and gas, mining, and quarrying sector
- The global e-commerce sector experienced a slight growth of 0.69% YoY in 2022, led by fashion and electronics sub-segments
- Growth in exports of fuels and industrial and agricultural products is projected to boost world export volumes by 2030
- China's e-commerce boom propels courier express market beyond USD 90 billion in 2022
- Manufacturing sector driving the global economy on the back of huge investments and government initiatives
- Rise in global inflation due to economic restrictions and the Russia-Ukraine War
- The gross value added by the manufacturing sector registered a growth of over 8% YoY in 2022, led by the chemical and chemical products sub-sector
- Amid growing imports of fuel and agricultural products, global economies are looking to increase domestic resources by 2030
- European nations lead in overall rankings and road quality, US focuses on freight rail networks
Segment Analysis: By Shipment Weight
Lightweight Shipments Segment in International Express Service Market
The lightweight shipments segment dominates the international express service market, accounting for approximately 60% of the total market value in 2024. This segment is primarily driven by pharmaceutical goods, including OTC medicines and personal care and beauty products. The United States holds a significant share in this segment due to its robust pharmaceutical industry, with substantial import and export activities. Major cosmetics retailers worldwide are increasingly offering same-day deliveries via express delivery services for goods weighing up to 5 kg. For instance, SF Express, holding a notable market share in China, specializes in international express deliveries for lightweight shipments. The segment's growth is further supported by the rising adoption of cross-border e-commerce and the increasing demand for fast delivery of lightweight items such as medicines, cosmetics, and small electronic devices.
Medium-Weight Shipments Segment in International Express Service Market
The medium-weight shipments segment is experiencing significant growth in the international express service market, driven primarily by the furniture industry and electronic products market. The segment is witnessing increased demand due to the rising residential building industries in various regions, particularly in North America. Online furniture purchases are showing an upward trend, with approximately 69% of North America's largest furniture stores now offering e-commerce services. Major e-commerce retailers like Otto.de in Germany are specializing in consumer electronics and small appliances, offering 24-hour deliveries through various courier partners. The segment is also benefiting from the growing trend of international same-day delivery services, particularly for electronic products and medium-sized furniture items.
Heavyweight Shipments in International Express Service Market
The heavyweight shipments segment plays a crucial role in the international express service market, primarily serving the household electric appliance industry and heavy furniture market. This segment specializes in handling items weighing between 30-70 kg, with various international express carriers offering specialized services for these shipments. Companies like Interismo.de in Germany and MRW in Spain have developed dedicated express delivery services for heavy parcels through partnerships with major carriers such as UPS Express, DHL Express, and FedEx Priority. The segment continues to evolve with the increasing demand for international delivery of large household appliances and furniture items, supported by robust logistics networks and specialized handling capabilities.
Segment Analysis: By Route
Inter-Region Segment in International Express Service Market
The inter-region segment dominates the international express service market, commanding approximately 73% market share in 2024. This segment's prominence is largely driven by major shipping routes like the Panama Canal connecting Asia-United States, the Suez Canal linking Asia-Europe, and the English Channel connecting Europe-United Kingdom. The Suez Canal, being one of the most heavily utilized trade routes, handles about 19,000 ships daily, representing 12% of global trade and 30% of global container traffic. The bilateral trade between regions has also strengthened this segment, with notable examples like India-GCC trade reaching USD 154.73 billion in 2024. The Panama Canal's strategic importance in simplifying major trade processes between Asia and the US East Coast, with its ability to accommodate vessels up to 14,000 TEUs, has further solidified the inter-region segment's market leadership. The segment's growth is also supported by the increasing cross-border e-commerce activities and the expansion of international express delivery services by major logistics providers.
Intra-Region Segment in International Express Service Market
The intra-region segment plays a crucial role in facilitating express deliveries within geographical regions, accounting for the remaining share of the market. This segment is particularly strong in regions with established trade corridors, such as the Toronto-Windsor-Detroit-Chicago corridor in North America, which stands as one of the densest and most integrated routes. In Asia, intra-regional trade accounts for more than half of Asian trade, with a share of around 60%. The segment benefits from regional trade agreements and infrastructure developments, such as the United States-Mexico-Canada Agreement (USMCA) in North America. The growth in this segment is also supported by the increasing integration of regional economies and the development of efficient transportation networks within regions. For transporting goods between UAE and Saudi Arabia, several national corridors and routes are utilized, including the Abu Dhabi-Dubai-Riyadh Highway spanning approximately 1,070 kilometers, facilitating efficient intra-regional express delivery services.
Segment Analysis: By End User Industry
E-commerce Segment in International Express Service Market
The e-commerce segment dominates the international express service market, accounting for approximately 52% of the total market value in 2024. This significant market share is driven by the rapid expansion of cross-border e-commerce activities and increasing partnerships between courier companies and e-commerce players. Major courier companies are establishing strategic collaborations with e-commerce platforms to help online business owners expand their portfolio of products worldwide. The segment's growth is further supported by the increasing shift of consumers from offline to online shopping, particularly for cross-border purchases. Many online shoppers in GCC countries now make a substantial portion of their online purchases from overseas vendors, with factors such as trust in gateway security and reliable shipping methods driving this trend. Additionally, e-commerce players are leveraging social media platforms to increase sales, similar to other foreign markets, which has resulted in increased demand for international parcel services.
Healthcare Segment in International Express Service Market
The healthcare segment is experiencing robust growth in the international express service market, with an expected growth rate of approximately 8% during 2024-2029. This growth is primarily driven by the increasing demand for faster and more convenient healthcare services globally. The segment is witnessing significant expansion particularly in North America, where some of the biggest healthcare courier service providers are based. The growth is further supported by courier companies expanding their services specifically for healthcare products through strategic acquisitions and partnerships. These companies are investing in temperature-controlled facilities across multiple countries and adding specialized healthcare logistics team members to their networks. The demand for express freight services for healthcare products is expected to continue rising due to several factors, including increasing demand for medical supplies, rising healthcare spending, and the need for faster and more efficient delivery services for time-sensitive medical products.
Remaining Segments in End User Industry
The international express service market encompasses several other significant segments including manufacturing, financial services (BFSI), primary industry, and wholesale and retail trade. The manufacturing segment plays a crucial role in driving market growth through the shipment of spare parts, electronic components, and finished goods across borders. The BFSI sector generates consistent demand through the delivery of critical documents, banking cards, and financial instruments. The primary industry segment, which includes agriculture and mining, contributes to the market through the international shipment of samples, documents, and small equipment. The wholesale and retail trade segment maintains its significance through traditional cross-border trade activities and offline retail operations. Each of these segments contributes uniquely to the market's dynamics, with varying requirements for speed, security, and handling specifications in their international freight needs.
International Express Service Market Geography Segment Analysis
International Express Service Market in North America
The North American international courier service market is characterized by strong integration between the United States, Canada, and Mexico through established trade corridors and agreements. The Toronto-Windsor-Detroit-Chicago corridor serves as one of the densest and most integrated routes, while Laredo functions as a major gateway into Mexico. The region's express delivery infrastructure is supported by advanced international logistics networks, with retailers providing international same-day delivery services to over 200 locations globally. The market benefits from the United States-Mexico-Canada Agreement (USMCA), which has helped reduce expenses for small retail businesses.

International Express Service Market in United States
The United States leads the North American market with approximately 80% market share in 2024. The country's dominance is supported by its extensive logistics infrastructure and the presence of major express delivery providers like FedEx, DHL, and UPS. The US market has witnessed significant growth in cross-border e-commerce, particularly in the healthcare and pharmaceutical sectors. The country's strategic position in global trade routes and its advanced air cargo capabilities have enabled efficient international shipping. Many retailers in the United States provide international same-day delivery services, specifically via air cargo, reflecting the market's sophistication and customer-centric approach.
International Express Service Market in Mexico
Mexico has emerged as the fastest-growing market in North America, with an expected growth rate of approximately 9% during 2024-2029. The country's strategic geographical location and integration with North American markets through the T-MEC agreement have been key growth drivers. Mexico's express delivery market has attracted significant investments, including the expansion of sorting centers and distribution hubs. The country's strong connections with both North and Latin American markets have facilitated efficient cross-border deliveries. The surge in e-commerce and the establishment of new logistics facilities have further strengthened Mexico's position in the international express services market.
International Express Service Market in Asia Pacific
The Asia Pacific region demonstrates robust growth in the global express service market, driven by increasing cross-border e-commerce activities and improving logistics infrastructure. Countries across the region have launched various initiatives to promote cross-border trade, including simplifying customs procedures and reducing trade barriers. The market is characterized by significant investments in logistics facilities and technological advancements to enhance delivery efficiency. The region's diverse economic landscape and growing digital connectivity have created numerous opportunities for express service providers.
International Express Service Market in China
China maintains its position as the largest market in Asia Pacific, with approximately 35% market share in 2024. The country's dominance is supported by its extensive manufacturing base and strong e-commerce ecosystem. China's express delivery infrastructure includes advanced sorting facilities and automated systems, enabling efficient handling of international parcel shipments. The country's strategic initiatives, including the Belt and Road Initiative, have strengthened its position in global trade routes. The integration of smart technologies and continuous infrastructure development has further enhanced China's capabilities in international express services.
International Express Service Market in India
India represents the fastest-growing market in Asia Pacific, with an expected growth rate of approximately 12% during 2024-2029. The country's express delivery market has witnessed significant developments, including the launch of new air cargo services and expansion of logistics facilities. The government's initiatives to promote cross-border trade and improve logistics infrastructure have accelerated market growth. India's growing e-commerce sector and increasing international trade activities have created substantial opportunities for express service providers. The country's strategic focus on developing its logistics capabilities has attracted significant investments from major international players.
International Express Service Market in Europe
The European international courier service market benefits from well-established trade routes and advanced logistics infrastructure connecting major economic centers. The region's express delivery network is characterized by efficient cross-border operations and strong integration between countries. The market has witnessed significant investments in automation and sustainable delivery solutions. The presence of major logistics hubs and the continuous development of transportation infrastructure have strengthened Europe's position in the global express service market.
International Express Service Market in Germany
Germany stands as the largest market in Europe, driven by its central location and robust logistics infrastructure. The country's express delivery network includes advanced sorting facilities and efficient transportation systems. Germany's strong manufacturing sector and significant international trade activities have created substantial demand for express services. The country's strategic position in the European logistics network and continuous investments in infrastructure development have maintained its market leadership.
International Express Service Market in Romania
Romania has emerged as the fastest-growing market in Europe, supported by increasing cross-border e-commerce activities and logistics infrastructure development. The country's strategic location and improving connectivity with other European markets have accelerated market growth. Romania's express delivery sector has attracted significant investments in automation and digital solutions. The expansion of parcel locker networks and the introduction of new delivery services have enhanced the country's express delivery capabilities.
International Express Service Market in GCC
The GCC region's international express service market is characterized by significant investments in logistics infrastructure and digital transformation initiatives. The UAE leads the market size while Qatar demonstrates the fastest growth rate. The region benefits from its strategic location between Asia and Europe, serving as a crucial logistics hub for international trade. The market is driven by increasing cross-border e-commerce activities and the development of advanced logistics facilities. The implementation of new customs facilitation measures and the expansion of air cargo capabilities have further strengthened the region's position in international express services.
International Express Service Market in South America
The South American international express service market is experiencing significant growth, driven by expanding cross-border e-commerce activities and improving logistics infrastructure. Brazil leads the market size while Chile shows the fastest growth rate. The region has witnessed substantial investments in logistics facilities and digital solutions to enhance delivery efficiency. The market benefits from increasing trade activities and the establishment of new distribution centers by major international players. The continuous development of transportation infrastructure and implementation of trade facilitation measures have strengthened the region's capabilities in international express services.
International Express Service Market in Africa
The African international express service market demonstrates growing potential, supported by increasing digital connectivity and expanding e-commerce activities. South Africa leads the market size while Nigeria shows the fastest growth rate. The region has witnessed significant investments in logistics infrastructure and the implementation of trade facilitation measures. The market benefits from improving cross-border trade relations and the establishment of new delivery networks. The continuous development of transportation infrastructure and adoption of digital solutions have enhanced the region's capabilities in international express services.
International Express Service Industry Overview
Top Companies in International Express Service Market
The international express services market is characterized by continuous product innovation focused on enhancing delivery speed, tracking capabilities, and sustainability initiatives. Leading companies are investing heavily in automated sorting facilities, electric delivery vehicles, and AI-powered logistics solutions to improve operational efficiency. Strategic partnerships, particularly with e-commerce platforms and regional logistics providers, have become increasingly common to expand service coverage and enhance last-mile delivery capabilities. Companies are also focusing on developing specialized solutions for key industries like healthcare, retail, and manufacturing while expanding their physical infrastructure through new hubs, warehouses, and delivery centers. The emphasis on sustainable practices, including carbon-neutral delivery options and eco-friendly packaging, demonstrates the industry's commitment to environmental responsibility while meeting growing customer demands.
Consolidated Market Led By Global Players
The international express service market is highly consolidated, with major global logistics conglomerates dominating the landscape. These established players leverage their extensive networks, advanced infrastructure, and technological capabilities to maintain their market positions. The market structure favors large-scale operators who can provide comprehensive end-to-end solutions across multiple geographies, while regional specialists typically focus on specific routes or specialized services. The competitive dynamics are characterized by high barriers to entry due to the significant capital requirements for establishing global networks and infrastructure.
Merger and acquisition activities in the sector primarily focus on expanding geographical presence and acquiring technological capabilities. Large players frequently acquire regional operators to strengthen their presence in specific markets or gain access to established local networks. Technology-focused acquisitions are increasingly common as companies seek to enhance their digital capabilities and automation solutions. The industry also sees strategic partnerships between global and local players, combining international reach with local expertise to improve service delivery and market penetration.
Innovation and Sustainability Drive Future Success
For incumbent players to maintain and increase their market share, focusing on technological innovation and service differentiation is crucial. This includes investing in advanced tracking systems, automated sorting facilities, and sustainable delivery solutions. Companies must also strengthen their e-commerce capabilities and develop industry-specific solutions to address evolving customer needs. Building strategic partnerships with technology providers and local operators while maintaining operational efficiency through network optimization and cost management remains essential for market leaders.
Emerging players can gain ground by focusing on underserved markets or specialized service segments where larger competitors may have less presence. Success factors include developing innovative last-mile express delivery solutions, offering competitive pricing structures, and building strong relationships with key customer segments. The ability to adapt to changing regulatory requirements, particularly regarding cross-border trade and environmental regulations, will be crucial. Companies must also address the growing emphasis on sustainability and carbon reduction while maintaining service quality and reliability. The integration of digital technologies and the ability to provide value-added services will become increasingly important for both established and emerging players.
International Express Service Market Leaders
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DHL Group
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FedEx
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La Poste Group
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SF Express (KEX-SF)
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United Parcel Service of America, Inc. (UPS)
- *Disclaimer: Major Players sorted in no particular order
International Express Service Market News
- September 2023: The Otto Group will deploy Covariant robots to increase operational efficiency, build resilience against labor market challenges, and improve the overall quality of work within their fulfillment centers.
- September 2023: The memorandum of understanding concerns established a closer business relationship between the La Poste subsidiary GeoPost and CEVA Logistics, a subsidiary of the CMA CGM Group, by capitalizing on their respective expertise, services, and areas of operation in parcel delivery, transportation, and storage.
- July 2023: With the USD 9.6 million investment, DHL Express acquired a location closer to the commercial core in downtown Denver. The new DHL Service Point includes nearly 56,000 sq. ft of combined warehouse and office space, along with 60 positions for vehicles to load and unload shipments around its conveyable sorting system.
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We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export-import trends, logistics performance among other key indicators.
List of Tables & Figures
- Figure 1:
- POPULATION DISTRIBUTION BY GENDER, COUNT, GLOBAL, 2017 - 2030
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, GLOBAL, 2017 - 2030
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, GLOBAL, 2017 - 2030
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, GLOBAL, 2017 - 2022
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), GLOBAL, 2017 - 2022
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, GLOBAL, 2023
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, GLOBAL, 2023
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, GLOBAL, 2017 – 2022
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, NORTH AMERICA, 2017 - 2022
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, NORTH AMERICA, 2017 - 2022
- Figure 11:
- WHOLESALE PRICE INFLATION RATE, %, EUROPE, 2017 - 2022
- Figure 12:
- CONSUMER PRICE INFLATION RATE, %, EUROPE, 2017 - 2022
- Figure 13:
- WHOLESALE PRICE INFLATION RATE, %, ASIA PACIFIC, 2017 - 2022
- Figure 14:
- CONSUMER PRICE INFLATION RATE, %, ASIA PACIFIC, 2017 - 2022
- Figure 15:
- WHOLESALE PRICE INFLATION RATE, %, SOUTH AMERICA, 2017 - 2022
- Figure 16:
- CONSUMER PRICE INFLATION RATE, %, SOUTH AMERICA, 2017 - 2022
- Figure 17:
- WHOLESALE PRICE INFLATION RATE, %, GCC, 2017 - 2022
- Figure 18:
- CONSUMER PRICE INFLATION RATE, %, GCC, 2017 - 2022
- Figure 19:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, GLOBAL, 2017 - 2027
- Figure 20:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, GLOBAL, 2023
- Figure 21:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, GLOBAL, 2017 - 2022
- Figure 22:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, GLOBAL, 2023
- Figure 23:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, GLOBAL, 2017 – 2022
- Figure 24:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, GLOBAL, 2022
- Figure 25:
- VALUE OF EXPORTS, USD, GLOBAL, 2017 - 2022
- Figure 26:
- VALUE OF IMPORTS, USD, GLOBAL, 2017 - 2022
- Figure 27:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, GLOBAL, 2017 - 2022
- Figure 28:
- RANK OF LOGISTICS PERFORMANCE, RANK, UNDEFINED, 2010 - 2023
- Figure 29:
- LENGTH OF ROADS, KM, GLOBAL, 2017 - 2022
- Figure 30:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, GLOBAL, 2023
- Figure 31:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, GLOBAL, 2023
- Figure 32:
- RAIL LENGTH, KM, GLOBAL, 2017 - 2022
- Figure 33:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), GLOBAL, 2023
- Figure 34:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, GLOBAL, 2023
- Figure 35:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 36:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY SHIPMENT WEIGHT, USD, GLOBAL 2017 - 2030
- Figure 37:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY SHIPMENT WEIGHT, %, GLOBAL, 2017 - 2030
- Figure 38:
- VALUE OF HEAVY WEIGHT SHIPMENTS INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 39:
- VALUE OF LIGHT WEIGHT SHIPMENTS INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 40:
- VALUE OF MEDIUM WEIGHT SHIPMENTS INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 41:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY ROUTE, USD, GLOBAL 2017 - 2030
- Figure 42:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY ROUTE, %, GLOBAL, 2017 - 2030
- Figure 43:
- VALUE OF INTER-REGION INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 44:
- VALUE OF INTRA-REGION INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 45:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY END USER INDUSTRY, USD, GLOBAL 2017 - 2030
- Figure 46:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY END USER INDUSTRY, %, GLOBAL, 2017 - 2030
- Figure 47:
- VALUE OF E-COMMERCE INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 48:
- VALUE OF FINANCIAL SERVICES (BFSI) INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 49:
- VALUE OF HEALTHCARE INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 50:
- VALUE OF MANUFACTURING INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 51:
- VALUE OF PRIMARY INDUSTRY INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 52:
- VALUE OF WHOLESALE AND RETAIL TRADE (OFFLINE) INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 53:
- VALUE OF OTHERS INTERNATIONAL EXPRESS SERVICE MARKET, USD, GLOBAL, 2017 - 2030
- Figure 54:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY REGION, USD, GLOBAL 2017 - 2030
- Figure 55:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY REGION, %, GLOBAL, 2017 - 2030
- Figure 56:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, USD, AFRICA 2017 - 2030
- Figure 57:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, %, AFRICA, 2017 - 2030
- Figure 58:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, EGYPT, 2017 - 2030
- Figure 59:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, NIGERIA, 2017 - 2030
- Figure 60:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, SOUTH AFRICA, 2017 - 2030
- Figure 61:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, REST OF AFRICA, 2017 - 2030
- Figure 62:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, USD, ASIA PACIFIC 2017 - 2030
- Figure 63:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, %, ASIA PACIFIC, 2017 - 2030
- Figure 64:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, AUSTRALIA, 2017 - 2030
- Figure 65:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, CHINA, 2017 - 2030
- Figure 66:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, INDIA, 2017 - 2030
- Figure 67:
- VALUE SHARE OF INDIA INTERNATIONAL EXPRESS SERVICE MARKET BY END USER INDUSTRY, %, INDIA, 2022 VS 2030
- Figure 68:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, INDONESIA, 2017 - 2030
- Figure 69:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, JAPAN, 2017 - 2030
- Figure 70:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, MALAYSIA, 2017 - 2030
- Figure 71:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, PAKISTAN, 2017 - 2030
- Figure 72:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, PHILIPPINES, 2017 - 2030
- Figure 73:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, THAILAND, 2017 - 2030
- Figure 74:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, VIETNAM, 2017 - 2030
- Figure 75:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, REST OF ASIA PACIFIC, 2017 - 2030
- Figure 76:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, USD, EUROPE 2017 - 2030
- Figure 77:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, %, EUROPE, 2017 - 2030
- Figure 78:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, ALBANIA, 2017 - 2030
- Figure 79:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, BULGARIA, 2017 - 2030
- Figure 80:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, CROATIA, 2017 - 2030
- Figure 81:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, CZECH REPUBLIC, 2017 - 2030
- Figure 82:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, DENMARK, 2017 - 2030
- Figure 83:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, ESTONIA, 2017 - 2030
- Figure 84:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, FINLAND, 2017 - 2030
- Figure 85:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, FRANCE, 2017 - 2030
- Figure 86:
- VALUE SHARE OF FRANCE INTERNATIONAL EXPRESS SERVICE MARKET BY END USER INDUSTRY, %, FRANCE, 2022 VS 2030
- Figure 87:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, GERMANY, 2017 - 2030
- Figure 88:
- VALUE SHARE OF GERMANY INTERNATIONAL EXPRESS SERVICE MARKET BY END USER INDUSTRY, %, GERMANY, 2022 VS 2030
- Figure 89:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, HUNGARY, 2017 - 2030
- Figure 90:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, ICELAND, 2017 - 2030
- Figure 91:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, ITALY, 2017 - 2030
- Figure 92:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, LATVIA, 2017 - 2030
- Figure 93:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, LITHUANIA, 2017 - 2030
- Figure 94:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, NETHERLANDS, 2017 - 2030
- Figure 95:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, NORWAY, 2017 - 2030
- Figure 96:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, POLAND, 2017 - 2030
- Figure 97:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, ROMANIA, 2017 - 2030
- Figure 98:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, RUSSIA, 2017 - 2030
- Figure 99:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, SLOVAK REPUBLIC, 2017 - 2030
- Figure 100:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, SLOVENIA, 2017 - 2030
- Figure 101:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, SPAIN, 2017 - 2030
- Figure 102:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, SWEDEN, 2017 - 2030
- Figure 103:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, SWITZERLAND, 2017 - 2030
- Figure 104:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, UNITED KINGDOM, 2017 - 2030
- Figure 105:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, REST OF EUROPE, 2017 - 2030
- Figure 106:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, USD, GCC 2017 - 2030
- Figure 107:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, %, GCC, 2017 - 2030
- Figure 108:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, QATAR, 2017 - 2030
- Figure 109:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, SAUDI ARABIA, 2017 - 2030
- Figure 110:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, UAE, 2017 - 2030
- Figure 111:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, REST OF GCC, 2017 - 2030
- Figure 112:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, USD, NORTH AMERICA 2017 - 2030
- Figure 113:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 114:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, CANADA, 2017 - 2030
- Figure 115:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, MEXICO, 2017 - 2030
- Figure 116:
- VALUE SHARE OF MEXICO INTERNATIONAL EXPRESS SERVICE MARKET BY END USER INDUSTRY, %, MEXICO, 2022 VS 2030
- Figure 117:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 118:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, REST OF NORTH AMERICA, 2017 - 2030
- Figure 119:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, USD, SOUTH AMERICA 2017 - 2030
- Figure 120:
- VALUE SHARE OF INTERNATIONAL EXPRESS SERVICE MARKET BY COUNTRY, %, SOUTH AMERICA, 2017 - 2030
- Figure 121:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, ARGENTINA, 2017 - 2030
- Figure 122:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, BRAZIL, 2017 - 2030
- Figure 123:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, CHILE, 2017 - 2030
- Figure 124:
- VALUE OF INTERNATIONAL EXPRESS SERVICE MARKET, USD, REST OF SOUTH AMERICA, 2017 - 2030
- Figure 125:
- VALUE OF REST OF THE WORLD INTERNATIONAL EXPRESS SERVICE MARKET, USD, REST OF THE WORLD, 2017 - 2030
- Figure 126:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, GLOBAL, 2023
- Figure 127:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2023
- Figure 128:
- VALUE SHARE OF MAJOR PLAYERS, %, GLOBAL 2023
International Express Service Industry Segmentation
Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. Inter-Region, Intra-Region are covered as segments by Route. E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others are covered as segments by End User Industry. Africa, Asia Pacific, Europe, GCC, North America, South America are covered as segments by Region.Shipment Weight | Heavy Weight Shipments | |||
Light Weight Shipments | ||||
Medium Weight Shipments | ||||
Route | Inter-Region | |||
Intra-Region | ||||
End User Industry | E-Commerce | |||
Financial Services (BFSI) | ||||
Healthcare | ||||
Manufacturing | ||||
Primary Industry | ||||
Wholesale and Retail Trade (Offline) | ||||
Others | ||||
Region | Africa | By Country | Egypt | |
Nigeria | ||||
South Africa | ||||
Rest of Africa | ||||
Asia Pacific | By Country | Australia | ||
China | ||||
India | ||||
Indonesia | ||||
Japan | ||||
Malaysia | ||||
Pakistan | ||||
Philippines | ||||
Thailand | ||||
Vietnam | ||||
Rest of Asia Pacific | ||||
Europe | By Country | Albania | ||
Bulgaria | ||||
Croatia | ||||
Czech Republic | ||||
Denmark | ||||
Estonia | ||||
Finland | ||||
France | ||||
Germany | ||||
Hungary | ||||
Iceland | ||||
Italy | ||||
Latvia | ||||
Lithuania | ||||
Netherlands | ||||
Norway | ||||
Poland | ||||
Romania | ||||
Russia | ||||
Slovak Republic | ||||
Slovenia | ||||
Spain | ||||
Sweden | ||||
Switzerland | ||||
United Kingdom | ||||
Rest of Europe | ||||
GCC | By Country | Qatar | ||
Saudi Arabia | ||||
UAE | ||||
Rest of GCC | ||||
North America | By Country | Canada | ||
Mexico | ||||
United States | ||||
Rest of North America | ||||
South America | By Country | Argentina | ||
Brazil | ||||
Chile | ||||
Rest of South America | ||||
Rest of the World |
Heavy Weight Shipments |
Light Weight Shipments |
Medium Weight Shipments |
Inter-Region |
Intra-Region |
E-Commerce |
Financial Services (BFSI) |
Healthcare |
Manufacturing |
Primary Industry |
Wholesale and Retail Trade (Offline) |
Others |
Africa | By Country | Egypt |
Nigeria | ||
South Africa | ||
Rest of Africa | ||
Asia Pacific | By Country | Australia |
China | ||
India | ||
Indonesia | ||
Japan | ||
Malaysia | ||
Pakistan | ||
Philippines | ||
Thailand | ||
Vietnam | ||
Rest of Asia Pacific | ||
Europe | By Country | Albania |
Bulgaria | ||
Croatia | ||
Czech Republic | ||
Denmark | ||
Estonia | ||
Finland | ||
France | ||
Germany | ||
Hungary | ||
Iceland | ||
Italy | ||
Latvia | ||
Lithuania | ||
Netherlands | ||
Norway | ||
Poland | ||
Romania | ||
Russia | ||
Slovak Republic | ||
Slovenia | ||
Spain | ||
Sweden | ||
Switzerland | ||
United Kingdom | ||
Rest of Europe | ||
GCC | By Country | Qatar |
Saudi Arabia | ||
UAE | ||
Rest of GCC | ||
North America | By Country | Canada |
Mexico | ||
United States | ||
Rest of North America | ||
South America | By Country | Argentina |
Brazil | ||
Chile | ||
Rest of South America | ||
Rest of the World |
Market Definition
- Courier, Express, and Parcel - The Courier, Express, and Parcel services, often called as CEP Market, refers to the logistics and postal service providers which specialize in moving small goods (parcels/packages). It captures the overall market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express), (4) domestic as well as international shipments.
- Demographics - To analyse total addressable market demand, population growth & forecasts have been studied and presented in this industry trend. It represents population distribution across categories like gender (male/female), development area (urban/rural), major cities among other key parameters like population density and final consumption expenditure (growth and share % of GDP). This data has been used for assessing the fluctations in demand & consumption expenditure, and the major hotspots (cities) of potential demand.
- Domestic Courier Market - Domestic Courier Market refers to the CEP shipments wherein the origin and destination is within the boundary of the geography studied (country or region as per the scope of report). It captures the market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, including light weight shipments, medium weight shipments and heavy weight shipments (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express).
- E-Commerce - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the e-tailers, through online sales channel, on Courier, Express, and Parcel (CEP) services. The scope includes (i) the supply chain of a company's online customer orders being fulfilled, (ii) the process of getting a product from the point of manufacturing to the point at which it is delivered to consumers. It involves managing inventory (deferred as well as time critical), shipping, and distribution.
- Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
- Financial Services (BFSI) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the BFSI players, on Courier, Express, and Parcel (CEP) services. CEP is important to the financial services industry in shipping of confidential documents and files. The establishments in this sector are engaged in (i) financial transactions (that is, transactions involving the creation, liquidation, or change in ownership of financial assets) or in facilitating financial transactions, (ii) financial intermediation, (iii) the pooling of risk by underwriting annuities and insurance, (iv) providing specialized services that facilitate or support financial intermediation, insurance and employee benefit programs, and (v) monetary control - the monetary authorities.
- Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
- GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
- GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
- Healthcare - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Healthcare players (Hospitals, clinics, mrdical centres) , on Courier, Express, and Parcel (CEP) services. The scope includes CEP services involved in the defrerred as well time critical movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment). The establishments in this sector (i) include the ones providing medical care exclusively (ii) deliver services by trained professionals (iii) involve processes, including labor inputs of health practitioners with the requisite expertise (iv) are defined based on the educational degree held by the practitioners included in the industry.
- Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
- Infrastructure - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), rail length, volume of containers handled by major ports and tonnage handled by major airports have been analysed and presented in this industry trend.
- International Express Service Market - International Express Service Market refers to the CEP shipments wherein the origin or destination is not within the boundary of the geography studied (country or region as per the scope of report). It captures the market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, including light weight shipments, medium weight shipments and heavy weight shipments (ii) Inter-Region as well as Intra-Region Shipments
- Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
- Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
- Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
- Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry (including Hi-Tech/Technology) players, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
- Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the construction, real estate, educational services, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D), on Courier, Express, and Parcel (CEP) services. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of time critical supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files.
- Primary Industry - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF (Agriculture, Fishing, and Forestry) and Extraction indsutry (Oil &Gas, Quarrying and Mining) players, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments (i) primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities; (ii) that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Herein, Logistics Service Providers (LSPs) (i) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers; (ii) cover entire phases from upstream to downstream and play a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
- Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
- Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the courier, express, and parcel (CEP) market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
- Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size. Hence, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
- Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
- Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
- Wholesale and Retail Trade (Offline) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers, through offline sales channel, on Courier, Express, and Parcel (CEP) services. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
Keyword | Definition |
---|---|
Axle Load | The axle load refers to the total load (weight) bearing on the roadway through wheels connected to a given axle. Across the globe, there are systems in place to ensure axle load monitoring, wherein surpassing the defined limits set by the concerned regulatory authority can lead to penalty/fine. For transportation of goods via road this can be an important determinant of costs as knowledge about the axle load limits can be used to (i) load the vehicle optimally for maximizing profits (ii) avoid exceeding the same and hence the probable fines associated (iii) avoid wear and tear of the vehicle (iv) avoid damage to pavement resulting in noticeable public maintenance and repair costs (v) achieve better turnaround time. |
Back Haul | Backhaul is the return movement of a transport vehicle from its original destination to its original point of departure, and can include full, partial, or empty truck loads (all or part of the way) depending on the visibility of the local freight ecosystem. In this regard, transportation of empty containers to the point of origin, known as deadheading is also a significant factor, considering the supply/container shortages across the geographies, resulting in cost escalation and under optimized profit potential attainment. Generally, the carriers offer discounts on the backhaul, to secure freight for the trip. |
Bill of Lading (BOL) | A bill of lading is a legal contract document issued by a carrier to a shipper to acknowledge reception of their cargo, and is evidence for the contract of carriage between the two parties. Broadly it details the (i) type, quantity, and other specifications of the goods being carried (ii) destination, and terms & conditions of the shipment (iii) carrier and drivers with all the necessary information to process the shipment, which can be used for insurance and customs clearance purposes (iv) assurance that the consignment is damage-free and ready to be shipped to the consignee. In this regard, a house bill of lading (HBL) is a document issued by a freight forwarder or a non-vessel operating common carrier (NVOCC) to acknowledge receipt of items for shipment (to a shipper). If shipments from several shippers are involved a master bill of lading (MBL) might be involved which is a consolidated version of the same for all the shipments being taken care of by the carrier (to a common destination) and might be issued by the carrier to the freight forwarder or the shipper (depending on who books the transport). |
Bunkering | Bunkering is the process of supplying fuel to power the propulsion system of a ship. It includes the logistics of loading and distributing the fuel among available shipboard tanks. In this regard, (i) Bunker fuel is technically any type of fuel oil used aboard ships. It gets its name from the containers on ships and in ports that it is stored in; in the days of steam they were coal bunkers but now they are bunker-fuel tanks, (ii) Bunker refers to the spaces (Tank) on board a vessel to store fuel, (iii) Bunker trader refers to a person dealing in trade of bunker (fuel), (iv) Bunker call is made when a cargo ship anchors or berths in a port to take on bunker oil or supplies, (v) Bunkering service is the supply of a requested quality and quantity of bunkers to a ship. Bunkering is signficant from point of view of freight rates applicable to the shipper as Bunker Contribution (BUC)/ Fuel Adjustment Factor (FAF)/ Bunker Adjustment Factor (BAF) are applied by shipping lines to offset the effect of fluctuations in the cost of bunkers. |
Cabotage | Transport by a vehicle registered in a country, performed on the national territory of another country. Cabotage law may restrict domestic cargo traffic to be carried in its own nationally registered, and sometimes built and crewed vehicles, though regulations vary across industries/commodity groups/countries and sometimes specify maximum allowable percentage of cabotage that can be serviced by foreign registered fleet. |
C-commerce | Collaborative commerce (also known as C-commerce), (i) describes electronically enabled business interactions among an enterprise’s internal personnel, business partners and customers throughout a trading community (industry, industry segment, supply chain or supply chain segment); (ii) is the optimization of supply and distribution channels to capitalize on the global economy by using new technology efficiently. Advantages of C-commerce, to detail few include (i) maximization of organization's efficiency and profitability (ii) technology integration with physical channels to allow companies to work together (iii) increased information exchange such as inventory and product specifications, using the web as an intermediary (iv) increased competitiveness by reaching a broader audience. Examples of C-commerce, also known as peer-to-peer commerce, include (i) companies that allow consumers to rent things from each other, or marketplaces, such as Meta (formerly Facebook) Marketplace, that allow the sale of used goods; (ii) DoorDash teamed up with many national brands, such as McDonald’s and Chipotle, to offer fast food delivery, building their business model on c-commerce. They have since expanded their delivery service from restaurants to retailers and even offer 'fleets' of drivers to businesses. |
Courier | A business/company that delivers packages/parcels/shipments (upto 70 kgs) including quick door to door pickup and delivery service for goods or documents, domestically or internationally, on a commercial contract basis. Example, DHL Group, FedEx, United Parcel Service of America, Inc., USPS, International Distributions Services, J&T Express, SF Express among several others |
Cross docking | Cross docking is a practice in logistics management that includes unloading incoming delivery vehicles and loading the materials directly into outbound delivery vehicles, omitting traditional warehouse logistical practices and saving time and money. It requires close synchronization of both inbound and outbound movements. It is highly significant in reduction of costs pertaining to warehousing & storage (and the associated Value Added Services). |
Cross Trade | International transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and the country of unloading/disembarkation. Cross Trade law may restrict international cargo traffic to be carried by respective country's registered vehicles, and sometimes built and crewed vehicles, though regulations vary across industries/commodity groups/countries and sometimes specify maximum allowable percentage of cross trade that can be serviced by foreign registered fleet. |
Customs Clearance | The process of declaring and clearing cargoes through customs. It includes the procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo. In this regard, a customs broker is a person or company licensed by the respective department of the country to act on behalf of freight importers and exporters. |
Dangerous Goods | Dangerous goods (or hazardous materials or HAZMAT) include flammable liquids/solids, gases (compressed, liquified, dissolved under pressure), corrosives, oxidising substances, explosive substances and articles, substances which on contact with water emit flammable gasses, organic peroxides, toxic substances, infectious substances, radioactive materials, miscellaneous dangerous goods and articles. |
First mile Delivery | First mile delivery refers to the (i) first stage of the freight/shipment/cargo/courier transportation (ii) the transportation of goods from a merchant’s premises or warehouse to the next fulfillment centre/warehouse/hub from where the goods are forwarded (iii) shipping goods from local distribution centers to stores (For retailers) (iv) transportation of finished goods from a plant or a factory to a distribution center (For manufacturers), (v) pick up of goods from the end-customer’s home or store followed by movement to a warehouse or storage location (movers and packers), (vi) process where goods are picked up from a retailer and then transferred to third-party logistics providers or courier service providers to be delivered to the end-consumer (e-commerce). Once the package reaches the next warehouse or the courier’s hub, it is then sorted and transported further until it reaches the customer’s doorstep. Example, if one chooses UPS as a courier, first-mile delivery will be the product being delivered from manufacturer's/retailer's warehouse to the UPS’s warehouse/ fulfilment centre. |
Last Mile Delivery | Last mile delivery refers to the very last step of the delivery process when a parcel is moved from a transportation hub (warehouse or a distribution center or fulfillment centre) to its final destination, which usually is a personal residence/retail store/ business, or parcel locker. It accounts for around half of the total cost involved in entire process of first mile, middle mile, and last mile delivery, though it can vary shipment to shipment, based on commodity, business model and similar factors. |
Milkrun | A Milk Run is a delivery method used to transport mixed loads from various suppliers to one customer, using lean management principles applied to logistics. Instead of each supplier sending a truck every week to meet the needs of one customer, one truck (or vehicle) visits the suppliers to pick up the loads for that customer. This method of transport got its name from the dairy industry practice, where one tanker used to collect milk from several dairy farms for delivery to a milk processing company. A milk run can be a more efficient way to handle logistics but require proper planning. If the route involves products from different companies, there is need for an agreement about cost-sharing and other aspects of the cooperative delivery arrangement. Once the group settles these issues, this delivery method can save time and money for everyone by pooling operation costs and resources. |
Multi country consolidation | Multi-Country Consolidation (MCC) is a cost-effective solution that consolidates one's cargo from different countries of origin to build Full Container Loads (FCL). MCC is most suitable for companies that import light volumes of goods from multiple countries but want to take advantage of the more economic FCL freight rates. Apart from costing some of the other advantages include (i) flexibility to choose suppliers from a wider range of origin countries without worrying about the logistics to final destination from each origin, (ii) ability to pick the most suitable suppliers from many different countries for one's business operations. The increase in one's sourcing options by MCC provides the kind of flexibility needed in competitive global markets. |
Q-commerce | Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour. The companies providing Q-Commerce services might have vertically intergrated model or might be using third party delivery platforms (outsourced logistics). It has advantages like (i) competitve USP, (ii) potential to earn greater profit margins, (iii) better customer experience, (iv) guaranteed availability of products, (v) traceability, and (vi) scaleability. |
ReverseLogistics | Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers and may involve ciruclar economy principles (3Rs) viz. recycling, reuse (repurposing, reselling), reducing or repairing. In this regard, reverse commerce (or Recommerce) is the selling of previously owned items through physical or online marketplaces/distribution channels to buyers who reuse, recycle or resell them. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is considered to be a part of the pricing, and the average selling price (ASP) is varying throughout the forecast period for each country
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms