Market Size of russia courier, express, and parcel (cep) Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 3.11 Billion |
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Market Size (2030) | USD 3.76 Billion |
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Largest Share by Destination | Domestic |
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CAGR (2024 - 2030) | 3.24 % |
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Fastest Growing by Destination | International |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Russia Courier, Express, and Parcel Market Analysis
The Russia Courier, Express, and Parcel (CEP) Market size is estimated at 3.11 billion USD in 2024, and is expected to reach 3.76 billion USD by 2030, growing at a CAGR of 3.24% during the forecast period (2024-2030).
3.11 Billion
Market Size in 2024 (USD)
3.76 Billion
Market Size in 2030 (USD)
1.54 %
CAGR (2017-2023)
3.24 %
CAGR (2024-2030)
Fastest Growing Market by Speed of Delivery
3.77 %
Projected CAGR, Express, 2024-2030
The segment is growing as about 70% of the express delivery service volume is concentrated in the 38 largest cities of the country, where B2C transactions drive more than 60% of the market.
Fastest Growing Market by Model
4.21 %
Projected CAGR, Business-to-Consumer (B2C), 2024-2030
B2C transactions with various leading e-commerce players in the country are driving the segment's growth.
Largest Market by Shipment Weight
74.83 %
value share, Light Weight Shipments, 2023
The delivery of goods like cosmetics, medicines, and groceries is driving the segment's growth.
Largest Market by End User Industry
34.54 %
value share, E-Commerce, 2023
Russian e-commerce giants are expanding their businesses and services to other geographies to increase their customer base and cater to the rising demand.
First leading Market player
45.25 %
market share, Russian Post, 2022
Russian Post serves more than 6 million clients daily, with a network of 38,000 post offices throughout Russia. The company has 17,000 vehicles in its fleet.
Shifting consumer preference towards e-commerce largely due to Russia Ukraine war are driving growth
- CEP value in 2022 was affected by residue impacts of the Russia Ukraine war. Demand from various e-commerce segments during H1 2022 created a rise in volumes. For instance, electronics and household appliances accounted for 22% of the total volume, followed by furniture and home goods at 17.7% and fashion at 13.9% in H1 2022. The growth was largely driven by domestic e-commerce, which rose by 50% on a YoY basis. With the country reeling from the impact of the Russia-Ukraine War and the expected increasing demand from e-commerce, the domestic CEP value in Russia are projected to register a CAGR of 3.24% during 2023-2029.
- The growth in domestic and international parcel volumes and values in Russia was largely driven by e-commerce in 2021 due to the pandemic followed by the Russia Ukraine war disruptions. A consumer shift in preference toward online shopping was witnessed as a residual impact of these events. This increased the demand for products from various e-commerce segments which led to domestic segment's share to touch 68.08% in 2021 whereas international segment's share stood at 31.92%.
- The e-commerce industry is expected to be the major driving force for the domestic and international CEP market. For instance, the number of e-commerce users is expected to reach 75.4 million by 2027 due to a rise in demand. The international CEP market is expected to grow as international retailers aim to capitalize on cross-border e-commerce opportunities. To achieve this, foreign retailers are working on providing localized content via language translations on e-commerce platforms, as English proficiency is low in comparison to Russian.
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Understand The Key Trends Shaping This Market
