North America Courier, Express, and Parcel (CEP) Market Size
North America Courier, Express, and Parcel (CEP) Market Analysis
The North America Courier, Express, and Parcel (CEP) Market size is estimated at 216.2 billion USD in 2025, and is expected to reach 269.5 billion USD by 2030, growing at a CAGR of 4.51% during the forecast period (2025-2030).
The North American CEP industry is experiencing significant transformation driven by technological advancements and changing consumer preferences. Major industry players are investing heavily in infrastructure modernization and digital capabilities to enhance operational efficiency. This is evidenced by Estafeta's substantial investment of USD 97.5 million in physical and digital infrastructure improvements, including the construction of a new e-commerce-focused hub in Mexico City. Companies are increasingly adopting automated solutions, artificial intelligence, and machine learning to optimize routing, improve delivery accuracy, and enhance customer experience in the courier service sector.
The industry is witnessing a wave of strategic consolidations and acquisitions aimed at strengthening market positions and expanding service capabilities. A notable example is UPS's acquisition of Happy Returns in October 2023, which has enhanced the company's reverse logistics capabilities and enabled the provision of box and label-free return options across more than 12,000 drop-off locations in the United States. Similarly, FedEx announced the merger of its Express and Ground operations in Canada in 2023, demonstrating the industry's move toward streamlined operations and improved service integration in the CEP market.
Cross-border trade dynamics are reshaping the CEP landscape in North America, with companies expanding their international shipping capabilities and establishing strategic partnerships. The industry is seeing increased investment in cross-border infrastructure and technology solutions to facilitate the seamless movement of parcels across borders. Companies are developing specialized services to address the unique challenges of international shipping, including customs clearance, regulatory compliance, and last-mile delivery in different markets.
The digital transformation of the CEP industry is accelerating, with companies investing in innovative delivery service solutions and customer-centric technologies. This shift is particularly evident in emerging markets like Jamaica, where the digital commerce ecosystem is rapidly evolving, with user penetration rates expected to increase from 19.1% in 2024 to 25.8% by 2029. Companies are implementing advanced tracking systems, mobile applications, and automated notification systems to provide real-time visibility and enhance the customer experience. The industry is also seeing increased adoption of alternative delivery methods, including automated lockers, pickup points, and drone delivery trials, reflecting the sector's commitment to innovation and service diversification in parcel delivery.
North America Courier, Express, and Parcel (CEP) Market Trends
The US dominates with maximum regional GDP contribution, fueled by an infrastructure program that boosts ports and supply chains
- An efficient and reliable transportation system is crucial for the economy. Through the National Trade Corridors Fund, the Government of Canada invests in improving supply chains, reducing trade barriers, and fostering business growth for future economic opportunities. In May 2024, the Minister of Transport announced up to USD 51.2 million for 19 digital infrastructure projects under this fund. The Canadian government aims to enhance supply chains with innovative technologies to expedite and reduce costs for Canadians. This initiative will drive collaboration with stakeholders nationwide on digital projects to address transportation bottlenecks, vulnerabilities, and port congestion effectively.
- In United States, infrastructure development and the rise of e-commerce are anticipated to boost employment in the transportation and storage sector. According to the Bureau of Labor Statistics (BLS), this sector is projected to grow at a rate of 0.8% annually from 2022 to 2032, resulting in the addition of nearly 570,000 jobs during that timeframe. The couriers and messengers industry, along with warehousing and storage, are expected to contribute significantly to about 80% of the sector's projected job growth.
Rising tensions in the Middle East are expected to affect crude oil supplies and lead to sudden price hikes in the region
- By October 2024, just ahead of the presidential election, gasoline prices in the US were projected to dip below USD 3 a gallon for the first time in over 3 years. This decline in fuel prices, primarily driven by waning demand and decreasing oil prices, offered a reprieve to consumers who had been grappling with elevated costs contributing to inflation. Such a development could have bolstered Vice President Kamala Harris and other Democrats in addressing Republican critiques regarding soaring gas prices. As of September 2024, regular gas averaged USD 3.25 a gallon, marking a 19-cent drop from the previous month and a 58-cent YoY decrease.
- Annual maintenance on Canada's oil sands plants in 2024 is expected to proceed normally. However, trade union officials warn of a labor shortage in Alberta's 2025 turnaround season due to two new industrial projects. Alberta producers annually hire thousands of skilled workers for essential maintenance on oil sands upgraders, thermal projects, and refineries. As the world's fourth-largest oil producer, Canada gets about two-thirds of its 4.9 million barrels per day of crude from the northern Alberta oil sands. This shortage might raise fuel prices in 2025.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The increase in population can be primarily attributed to international migration in the region
- Agriculture, fishing, and forestry registered the highest growth in recent years owing to rising trade under the US-Mexico-Canada Agreement (USMCA)
- The e-commerce industry in North America is expected to grow by 11.25% from 2023-2027, supported by increasing smartphone users and number of online stores
- The United States is projected to become the world's fifth-largest rice exporter, with 3.1 million tons by 2031-32
- Canada leads in North America region, with 7th rank in LPI fueled by logistics quality and infrastructure growth in 2023
- Regional manufacturing sector getting a boost with the CHIPS and Science Act and Green Manufacturing Initiative
- A rise in gas prices acted as a major catalyst for increased PPI and CPI in the region
- The shift toward Mexico from China is expected to boost manufacturing production in the coming years
- Mexico's natural gas imports are expected to double by 2030 due to rising demand
- The US government plans to invest USD 550 billion in repairing existing infrastructure till 2026
Segment Analysis: By Destination
Domestic Segment in North American CEP Market
The domestic segment continues to dominate the North American courier, express, and parcel (CEP) market, commanding approximately 76% market share in 2024. This dominance is primarily driven by robust growth in e-commerce trade, particularly in the United States, where online retail sales witnessed a significant surge of 14.10% year-over-year in 2023, reaching USD 925.4 billion. The increasing adoption of same-day delivery and next-day delivery services, especially in urban areas, has further strengthened the domestic segment's position. Major players like UPS and FedEx have expanded their domestic networks, with UPS operating over 1,000 package facilities in the United States alone. The rise of regional delivery networks and the growing trend of micro-fulfillment centers in metropolitan areas have also contributed to the segment's strong performance. Additionally, the expansion of retail giants like Walmart into the e-commerce space and their investment in next-generation fulfillment centers has further boosted domestic parcel volumes.
International Segment in North American CEP Market
The international segment is emerging as the fastest-growing segment in the North American CEP market, projected to grow at approximately 5% through 2024-2029. This growth is fueled by increasing cross-border e-commerce activities, particularly between the United States and Mexico, where trade volumes have reached unprecedented levels. The segment's expansion is further supported by strategic partnerships between major carriers and local delivery networks, enhancing cross-border delivery capabilities. In Canada, the cross-border movement of goods with the United States remains robust, with Canadians spending more than 60% of their disposable income on U.S. goods and services. The implementation of advanced customs clearance technologies and the expansion of international air freight networks have significantly improved delivery efficiency. Additionally, the rise of international e-commerce platforms and the growing demand for cross-border retail have created new opportunities for CEP providers in the international segment.
Segment Analysis: By Speed of Delivery
Non-Express Segment in North American CEP Market
The non-express segment dominates the North American Courier, Express, and Parcel (CEP) market, commanding approximately 77% market share in 2024. This segment's prominence is driven by the growing e-commerce sector and retail trade activities across the United States, Canada, and Mexico. Major players like UPS and FedEx have expanded their non-express delivery networks, particularly in densely populated urban areas including New York, Boston, Chicago, Los Angeles, and San Francisco. The segment has seen significant developments in 2024, with companies introducing delivery surcharges in additional postal codes and implementing new technological solutions for improved delivery efficiency. The rise in cross-border e-commerce between the US and Mexico, coupled with increasing domestic retail activities, has further strengthened the non-express segment's position in the market.
Express Segment in North American CEP Market
The express delivery segment in the North American CEP market is experiencing robust growth, projected to expand at approximately 5% CAGR from 2024 to 2029. This growth is primarily fueled by increasing demand for rapid delivery services in the e-commerce sector, particularly for time-sensitive shipments. In 2024, significant developments include GLS US integrating its services with its parent company's European network, enabling direct parcel delivery between the U.S. and Europe with enhanced transit times. The segment is witnessing substantial investments in infrastructure and technology, with companies focusing on automated sorting systems and advanced tracking capabilities. The expansion of express delivery networks in Mexico City and other major metropolitan areas, coupled with rising demand for same-day delivery and next-day delivery services, is further accelerating the segment's growth trajectory.
Segment Analysis: By Model
Business-to-Consumer (B2C) Segment in North American CEP Market
The Business-to-Consumer (B2C) segment dominates the North American Courier, Express, and Parcel market, commanding approximately 41% market share in 2024. This segment's prominence is primarily driven by the explosive growth of e-commerce across the United States, Canada, and Mexico. The rising internet penetration in the region has significantly facilitated both domestic and cross-border retail e-commerce activities, contributing to the segment's dominance. Major e-commerce platforms like Amazon, Walmart, and emerging players such as TikTok Shop are continuously expanding their delivery networks and improving last-mile delivery capabilities to meet growing consumer demands. The segment has particularly benefited from the increasing adoption of online shopping across various product categories, from electronics and fashion to groceries and healthcare products. Additionally, the implementation of advanced delivery technologies, including automated sorting systems and enhanced tracking capabilities, has further strengthened the B2C delivery segment's market position.
Growth Trajectory of B2C Segment in North American CEP Market
The B2C segment is experiencing remarkable growth momentum, projected to expand at approximately 6% through 2029. This robust growth is fueled by several key factors, including the increasing shift towards digital commerce platforms and evolving consumer preferences for convenient home delivery services. The segment's growth is further accelerated by innovations in delivery solutions, such as the integration of artificial intelligence for route optimization and the implementation of contactless delivery options. Major carriers are investing heavily in expanding their B2C capabilities, with companies like UPS and FedEx developing specialized solutions for e-commerce deliveries. The segment is also benefiting from the rise of social commerce platforms and the integration of shopping features within social media applications, creating new channels for B2C delivery services. Additionally, the expansion of same-day delivery and next-day delivery options, particularly in urban areas, is contributing to the segment's accelerated growth trajectory.
Remaining Segments in North American CEP Market by Model
The Business-to-Business (B2B) and Consumer-to-Consumer (C2C) segments complete the market landscape, each serving distinct needs within the CEP ecosystem. The B2B delivery segment continues to be a crucial component of the market, primarily serving corporate clients, manufacturing sectors, and wholesale trade operations with specialized delivery solutions and integrated logistics services. Meanwhile, the C2C segment has evolved significantly with the rise of online marketplaces and peer-to-peer trading platforms, facilitating individual-to-individual shipments across North America. This segment has particularly benefited from the growth of online resale platforms and the increasing popularity of sustainable consumption practices. Both segments are witnessing technological transformations, with enhanced tracking capabilities, improved delivery options, and specialized handling services being integrated into their service offerings to meet evolving customer expectations and market demands.
Segment Analysis: By Mode of Transport
Road Transport Segment in North American CEP Market
Road transport dominates the North American courier, express, and parcel (CEP) market, commanding approximately 59% of the total market value in 2024. This segment's prominence is driven by its extensive network coverage and cost-effectiveness for domestic deliveries. In April 2024, XPO, a leading LTL freight provider in North America, expanded its US-Mexico cross-border service with the launch of XPO Mexico+, adding more capacity and coverage to meet growing demand as supply chains shift to North America. The segment's growth is further supported by significant infrastructure investments, including the Bipartisan Infrastructure Law which provides USD 550 billion over FY 2022-2026 for infrastructure development. Additionally, Mexico's "Strategy for Roads of Wellbeing 2021-2023" program, with investments of USD 2.43 billion, has strengthened the road transport network, making it the preferred choice for CEP services across the region.
Remaining Segments in Mode of Transport
The air transport and other modes of transport segments play crucial complementary roles in the North American CEP market. The air transport segment is particularly vital for time-sensitive deliveries and international shipments, with major players like UPS and FedEx maintaining extensive air networks. In April 2024, UPS took over as the primary air cargo provider for USPS, demonstrating the segment's strategic importance. The air transport segment is especially critical for high-value and urgent deliveries in sectors such as healthcare, electronics, and perishable goods. Other transport modes, including rail and maritime services, contribute to the market by offering specialized solutions for specific routes and cargo types, particularly in cross-border trade scenarios and intermodal transportation networks.
Segment Analysis: By End User Industry
E-commerce Segment in North America CEP Market
The e-commerce segment dominates the North American Courier, Express, and Parcel (CEP) market, commanding approximately 42% market share in 2024. This substantial market position is driven by the continued penetration of e-commerce into the retail sector, with online sales growing significantly. The segment's strong performance is supported by the expansion of major e-commerce platforms and the increasing adoption of online shopping across various product categories. In 2024, e-commerce spending has shown robust growth, particularly in the electronics and apparel sectors, which together constitute about 35% of e-commerce spend. The segment's growth is further bolstered by social media platforms competing to increase their e-commerce business in the US, exemplified by initiatives like TikTok Shop's launch in the US market. Additionally, the high internet and smartphone penetration in North America has provided significant opportunities for e-commerce companies to explore and expand their market presence, while the increasing use of social media as a marketing tool has particularly benefited the B2C e-commerce sector.
Remaining Segments in End User Industry
The North American CEP market encompasses several other significant end-user segments including healthcare, financial services (BFSI), manufacturing, primary industry, and wholesale and retail trade. The healthcare segment has shown substantial growth driven by the increasing adoption of drone delivery services for medical supplies and the expansion of home-based medical services. The BFSI sector continues to maintain steady demand through regular shipments of financial documents, cards, and sensitive materials. The manufacturing segment's contribution is particularly notable in the automotive and electronics sectors, while the primary industry segment serves agricultural and resource-based sectors. The wholesale and retail trade segment has evolved significantly with the integration of advanced technologies such as drones and AI to meet changing consumer demands. Each of these segments plays a crucial role in shaping the overall market dynamics, with their specific requirements driving innovations in delivery methods and service offerings.
North America Courier, Express, and Parcel (CEP) Market Geography Segment Analysis
Courier, Express, and Parcel Market in the United States
The United States dominates the North American CEP market, commanding approximately 91% of the total market value in 2024. The market's robustness is underpinned by extensive infrastructure, including over 1,000 package operating facilities with nearly 85 million square feet of floor space. The country's CEP sector is experiencing significant technological advancement, with companies increasingly adopting automated sortation systems and innovative delivery solutions. Major players like UPS and FedEx are expanding their network capabilities, with UPS recently taking over as the primary air cargo provider for USPS. The market is also seeing a transformation in delivery dynamics, with companies introducing surcharges in densely populated urban areas, including New York, Boston, Chicago, Los Angeles, and San Francisco. The rise of e-commerce continues to be a major driver, with online shopping trends and evolving consumer expectations shaping service offerings and delivery models. Additionally, the integration of sustainable practices and electric vehicles in delivery fleets demonstrates the market's commitment to environmental responsibility while maintaining operational efficiency. The growth of courier services and package delivery sectors is evident as companies adapt to these dynamic changes.
Courier, Express, and Parcel Market in Mexico
Mexico's CEP market is projected to grow at approximately 7% CAGR from 2024 to 2029, marking it as the fastest-growing market in the region. The country's CEP sector is undergoing significant transformation, driven by the rapid expansion of e-commerce and cross-border trade. The market is witnessing substantial investments in infrastructure and technology, with companies like DHL expanding their presence through strategic hub developments. The integration of digital platforms and innovative delivery solutions is reshaping the landscape, with players like Estafeta forming strategic partnerships to support micro, small, and medium-sized enterprises. The market's evolution is further supported by government initiatives and infrastructure development programs, including significant investments in road and rail networks. Cross-border e-commerce is playing a pivotal role, with Mexican consumers increasingly engaging in international online shopping. The market is also seeing a rise in specialized services, particularly in the e-commerce and healthcare sectors, with companies developing tailored solutions for these growing segments. The growth in express logistics and international courier services is a testament to Mexico's evolving market dynamics.
Courier, Express, and Parcel Market in Canada
Canada's CEP market demonstrates robust development, characterized by significant technological advancement and infrastructure expansion. The country's unique geography and dispersed population have led to innovative delivery solutions, including the increasing use of drone technology for remote area deliveries. The market is seeing substantial investment in automation and digital transformation, with companies like Purolator and Canada Post implementing advanced sorting systems and electric delivery vehicles. Cross-border trade, particularly with the United States, continues to be a significant driver of market growth, supported by strategic partnerships and infrastructure development. The market is also witnessing a transformation in delivery preferences, with a notable shift towards alternative delivery methods such as collection points, where Canada leads compared to the US. The integration of sustainable practices and the adoption of electric vehicles in delivery fleets reflect the market's commitment to environmental responsibility while maintaining operational efficiency. The rise in domestic courier and urban logistics solutions highlights Canada's adaptation to its geographical challenges.
Courier, Express, and Parcel Market in Other Countries
The CEP market in other North American countries, including Caribbean nations such as Cuba, Haiti, Trinidad and Tobago, Jamaica, and the Bahamas, exhibits diverse characteristics and growth patterns. These markets are experiencing transformation through digital adoption and infrastructure development, with various companies implementing innovative delivery solutions to address unique geographical challenges. The Caribbean region, in particular, is seeing increased investment in logistics infrastructure and technology adoption to improve delivery efficiency. Local and international players are forming strategic partnerships to enhance service coverage and quality, while also addressing the specific needs of island economies. The markets are benefiting from growing e-commerce adoption and increasing cross-border trade, though each country faces unique challenges related to infrastructure development and geographical constraints. The integration of modern technology and service innovations is gradually reshaping these markets, with a focus on improving connectivity and delivery efficiency across the region. The role of postal services in these areas remains crucial as it adapts to modern demands.
North America Courier, Express, and Parcel (CEP) Industry Overview
Top Companies in North American Courier, Express, and Parcel Market
The North American CEP market is led by established players like UPS, FedEx, USPS, DHL Group, and OnTrac, who have built extensive delivery networks across the region. Companies are increasingly focusing on technological innovation through automated sorting systems, robotic delivery vehicles, and AI-powered logistics solutions to enhance operational efficiency and reduce costs. The industry has witnessed significant investment in expanding physical infrastructure through new distribution centers, sorting facilities, and delivery hubs to handle growing parcel volumes. Strategic partnerships with e-commerce platforms and retailers have become crucial for securing steady business volumes. Companies are also prioritizing sustainability through electric vehicle adoption and carbon-neutral delivery options while expanding last-mile delivery capabilities through innovative solutions like parcel lockers and alternative pickup points.
Consolidated Market with High Entry Barriers
The North American CEP market demonstrates high consolidation, with the top players controlling a significant market share through their established networks and infrastructure. The market is dominated by large integrated third-party logistics (3PL) conglomerates that offer end-to-end shipping solutions across domestic and international segments. Mergers and acquisitions have been a key strategy for market expansion, as evidenced by strategic moves like LaserShip's acquisition of OnTrac and TFI International's acquisition of multiple regional players to strengthen their presence. The high capital requirements for building delivery networks and sorting infrastructure create substantial entry barriers for new players.
Regional specialists and niche players are increasingly focusing on specific geographic areas or specialized services to compete with the major players. The market has seen the emergence of technology-driven logistics startups offering innovative last-mile solutions, though they typically partner with established players rather than competing directly. Cross-border partnerships and strategic alliances have become essential for expanding service coverage and competing in the international shipping segment.
Innovation and Adaptability Drive Future Success
Success in the North American CEP market increasingly depends on technological innovation and operational flexibility to meet evolving customer expectations. Companies must invest in automation, artificial intelligence, and data analytics to optimize routing, improve delivery efficiency, and enhance customer experience. The ability to offer flexible delivery services options, real-time tracking, and seamless returns processing has become crucial for maintaining market share. Developing sustainable delivery solutions and expanding alternative fuel vehicle fleets will become increasingly important as environmental regulations tighten.
For new entrants and smaller players, focusing on underserved markets or specialized services offers opportunities for growth. Success factors include developing strong partnerships with e-commerce platforms, investing in last-mile innovation, and building efficient regional networks before expanding geographically. The increasing shift toward e-commerce and changing consumer preferences creates opportunities for players offering specialized services like same-day parcel delivery or specific industry solutions. Regulatory changes around environmental standards and labor practices could impact operational costs and require significant adaptations in delivery models.
North America Courier, Express, and Parcel (CEP) Market Leaders
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DHL Group
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Fedex
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OnTrac
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United Parcel Service of America, Inc. (UPS)
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USPS
- *Disclaimer: Major Players sorted in no particular order
North America Courier, Express, and Parcel (CEP) Market News
- September 2024: FedEx partnered with and invested in Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. FedEx offered a comprehensive approach to help e-commerce and omnichannel brands make faster, smarter supply chain decisions. With more than 130 warehouse and fulfillment operations in North America and 475 million returns processed annually, FedEx Supply Chain helped brands consolidate functions, increase agility, and accelerate click-to-door speed to maximize supply chain value.
- August 2024: FedEx introduced new digital visibility products, enhancing the experience for shippers and recipients by merging digital solutions with essential data. These paid solutions catered to the rising market demand for advanced data analytics. Businesses harnessed near real-time insights and predictive analytics, refining their customers' post-purchase experience. FedEx also offered paid data integration solutions, granting third-party providers access to shipment tracking information, including the Track API, Track EDI, and new webhook subscriptions, all designed to enhance premium post-purchase tracking and supply chain visibility.
- May 2024: FedEx partnered with and invested in Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. FedEx offered a comprehensive approach to help e-commerce and omnichannel brands make faster, smarter supply chain decisions. With more than 130 warehouse and fulfillment operations in North America and 475 million returns processed annually, FedEx Supply Chain helped brands consolidate functions, increase agility, and accelerate click-to-door speed to maximize supply chain value.
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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, NORTH AMERICA, 2017 - 2030
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, NORTH AMERICA, 2017 - 2030
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, NORTH AMERICA, 2017 - 2030
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, NORTH AMERICA, 2017 - 2022
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), NORTH AMERICA, 2017 - 2022
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, NORTH AMERICA, 2022
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, NORTH AMERICA, 2022
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, NORTH AMERICA, 2017 – 2022
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, NORTH AMERICA, 2017 - 2022
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, NORTH AMERICA, 2017 - 2022
- Figure 11:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, NORTH AMERICA, 2017 - 2027
- Figure 12:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, NORTH AMERICA, 2022
- Figure 13:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, NORTH AMERICA, 2017 - 2022
- Figure 14:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, NORTH AMERICA, 2022
- Figure 15:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, NORTH AMERICA, 2017 – 2022
- Figure 16:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, NORTH AMERICA, 2022
- Figure 17:
- VALUE OF EXPORTS, USD, NORTH AMERICA, 2017 - 2022
- Figure 18:
- VALUE OF IMPORTS, USD, NORTH AMERICA, 2017 - 2022
- Figure 19:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, NORTH AMERICA, 2017 - 2022
- Figure 20:
- RANK OF LOGISTICS PERFORMANCE, RANK, NORTH AMERICA, 2010 - 2023
- Figure 21:
- LENGTH OF ROADS, KM, NORTH AMERICA, 2017 - 2022
- Figure 22:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, NORTH AMERICA, 2022
- Figure 23:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, NORTH AMERICA, 2022
- Figure 24:
- RAIL LENGTH, KM, NORTH AMERICA, 2017 - 2022
- Figure 25:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), NORTH AMERICA, 2022
- Figure 26:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, NORTH AMERICA, 2022
- Figure 27:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 28:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 29:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, NUMBER OF PARCELS, NORTH AMERICA 2017 - 2030
- Figure 30:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, USD, NORTH AMERICA 2017 - 2030
- Figure 31:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2017 - 2030
- Figure 32:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2017 - 2030
- Figure 33:
- VOLUME OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 34:
- VALUE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 35:
- VALUE SHARE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 36:
- VOLUME OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 37:
- VALUE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 38:
- VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 39:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, NUMBER OF PARCELS, NORTH AMERICA 2017 - 2030
- Figure 40:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, USD, NORTH AMERICA 2017 - 2030
- Figure 41:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, NORTH AMERICA, 2017 - 2030
- Figure 42:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, NORTH AMERICA, 2017 - 2030
- Figure 43:
- VOLUME OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 44:
- VALUE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 45:
- VALUE SHARE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 46:
- VOLUME OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 47:
- VALUE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 48:
- VALUE SHARE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 49:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, NUMBER OF PARCELS, NORTH AMERICA 2017 - 2030
- Figure 50:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, USD, NORTH AMERICA 2017 - 2030
- Figure 51:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, NORTH AMERICA, 2017 - 2030
- Figure 52:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, NORTH AMERICA, 2017 - 2030
- Figure 53:
- VOLUME OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 54:
- VALUE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 55:
- VALUE SHARE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 56:
- VOLUME OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 57:
- VALUE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 58:
- VALUE SHARE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 59:
- VOLUME OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 60:
- VALUE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 61:
- VALUE SHARE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 62:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, NUMBER OF PARCELS, NORTH AMERICA 2017 - 2030
- Figure 63:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, USD, NORTH AMERICA 2017 - 2030
- Figure 64:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, NORTH AMERICA, 2017 - 2030
- Figure 65:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, NORTH AMERICA, 2017 - 2030
- Figure 66:
- VOLUME OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 67:
- VALUE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 68:
- VALUE SHARE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 69:
- VOLUME OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 70:
- VALUE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 71:
- VALUE SHARE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 72:
- VOLUME OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 73:
- VALUE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 74:
- VALUE SHARE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 75:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, NUMBER OF PARCELS, NORTH AMERICA 2017 - 2030
- Figure 76:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, USD, NORTH AMERICA 2017 - 2030
- Figure 77:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, NORTH AMERICA, 2017 - 2030
- Figure 78:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, NORTH AMERICA, 2017 - 2030
- Figure 79:
- VOLUME OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 80:
- VALUE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 81:
- VALUE SHARE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 82:
- VOLUME OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 83:
- VALUE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 84:
- VALUE SHARE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 85:
- VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 86:
- VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 87:
- VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2030
- Figure 88:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, NUMBER OF PARCELS, NORTH AMERICA 2017 - 2030
- Figure 89:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, USD, NORTH AMERICA 2017 - 2030
- Figure 90:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 91:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 92:
- VOLUME OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 93:
- VALUE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 94:
- VALUE SHARE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 95:
- VOLUME OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 96:
- VALUE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 97:
- VALUE SHARE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 98:
- VOLUME OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 99:
- VALUE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 100:
- VALUE SHARE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 101:
- VOLUME OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 102:
- VALUE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 103:
- VALUE SHARE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 104:
- VOLUME OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 105:
- VALUE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 106:
- VALUE SHARE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 107:
- VOLUME OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 108:
- VALUE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 109:
- VALUE SHARE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 110:
- VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, NORTH AMERICA, 2017 - 2030
- Figure 111:
- VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 112:
- VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 113:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, NUMBER OF PARCELS, NORTH AMERICA 2017 - 2030
- Figure 114:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, USD, NORTH AMERICA 2017 - 2030
- Figure 115:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 116:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY COUNTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 117:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, CANADA, 2017 - 2030
- Figure 118:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, CANADA, 2017 - 2030
- Figure 119:
- VALUE SHARE OF CANADA COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, CANADA, 2022 VS 2030
- Figure 120:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, MEXICO, 2017 - 2030
- Figure 121:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, MEXICO, 2017 - 2030
- Figure 122:
- VALUE SHARE OF MEXICO COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, MEXICO, 2022 VS 2030
- Figure 123:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 124:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 125:
- VALUE SHARE OF UNITED STATES COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 126:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, REST OF NORTH AMERICA, 2017 - 2030
- Figure 127:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, REST OF NORTH AMERICA, 2017 - 2030
- Figure 128:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, NORTH AMERICA, 2017 - 2023
- Figure 129:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2017 - 2023
- Figure 130:
- VALUE SHARE OF MAJOR PLAYERS, %, NORTH AMERICA
North America Courier, Express, and Parcel (CEP) Industry Segmentation
Domestic, International are covered as segments by Destination. Express, Non-Express are covered as segments by Speed Of Delivery. Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C) are covered as segments by Model. Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. Air, Road, Others are covered as segments by Mode Of Transport. E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others are covered as segments by End User Industry. Canada, Mexico, United States are covered as segments by Country.Destination | Domestic |
International | |
Speed Of Delivery | Express |
Non-Express | |
Model | Business-to-Business (B2B) |
Business-to-Consumer (B2C) | |
Consumer-to-Consumer (C2C) | |
Shipment Weight | Heavy Weight Shipments |
Light Weight Shipments | |
Medium Weight Shipments | |
Mode Of Transport | Air |
Road | |
Others | |
End User Industry | E-Commerce |
Financial Services (BFSI) | |
Healthcare | |
Manufacturing | |
Primary Industry | |
Wholesale and Retail Trade (Offline) | |
Others | |
Country | Canada |
Mexico | |
United States | |
Rest of North America |
Domestic |
International |
Express |
Non-Express |
Business-to-Business (B2B) |
Business-to-Consumer (B2C) |
Consumer-to-Consumer (C2C) |
Heavy Weight Shipments |
Light Weight Shipments |
Medium Weight Shipments |
Air |
Road |
Others |
E-Commerce |
Financial Services (BFSI) |
Healthcare |
Manufacturing |
Primary Industry |
Wholesale and Retail Trade (Offline) |
Others |
Canada |
Mexico |
United States |
Rest of North America |
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