Market Size of spain 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 4.20 Billion |
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Market Size (2030) | USD 5.30 Billion |
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Largest Share by Destination | Domestic |
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CAGR (2024 - 2030) | 3.92 % |
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Fastest Growing by Destination | International |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Spain Courier, Express, and Parcel (CEP) Market Analysis
The Spain Courier, Express, and Parcel (CEP) Market size is estimated at 4.20 billion USD in 2024, and is expected to reach 5.30 billion USD by 2030, growing at a CAGR of 3.92% during the forecast period (2024-2030).
4.20 Billion
Market Size in 2024 (USD)
5.30 Billion
Market Size in 2030 (USD)
2.90 %
CAGR (2017-2023)
3.92 %
CAGR (2024-2030)
Fastest Growing Market by Speed of Delivery
4.47 %
Projected CAGR, Express, 2024-2030
The introduction of new services like sustainable and automated logistics platforms are major factors supporting growth and boosting the demand for express deliveries in the country.
Fastest Growing Market by Model
5.09 %
Projected CAGR, Business-to-Consumer (B2C), 2024-2030
Top e-commerce and logistics players are enhancing services via acquisitions for expansions to meet the increasing delivery demand generated from B2C transactions.
Largest Market by Shipment Weight
54.94 %
value share, Light Weight Shipments, 2023
Online orders of goods like personal care products and groceries are majorly driving the delivery demand in the country.
Largest Market by End User Industry
32.36 %
value share, Manufacturing, 2023
Several 3D printing startups in Spain are pitching in to take on the supply crisis. The growth in additive manufacturing activities is expected to increase the need for reliable courier services.
First leading Market player
13.81 %
market share, DHL Group, 2022
DHL identifies the exact traceability of more than 144,000 orders per month with the MySupplyChain platform.
Positive growth is expected in CEP markets owing to e-commerce boom and increasing internet retail purchases
- The expanding e-commerce industry and the nation's strengthening economy contributed to the growth of the CEP market during the pandemic. The majority of CEP shipments in 2020, which were about 64.19% of all CEP shipments, were domestic. Also, almost 54% of all CEP shipments in Spain were small parcels weighing under 2 kg. Also, post-pandemic, with the economy restored, the domestic CEP market value witnessed steady growth of 4.87% YoY in 2022. The domestic CEP value is expected to register a CAGR of 4.01% during 2023-2029, owing to increasing demand for e-commerce.
- Various product category purchases via e-commerce have significantly driven the growth of domestic and international CEP markets in 2021 in Spain. For instance, the most popular product category for e-commerce orders in 2021 was home products (67%). This was followed by electronics (65%), fashion items (57%), and books and movies (55%). Also, MRV had the most franchises, followed by GLS and Nacex. Around 820 franchisees of these three businesses operated in Spain's parcel delivery sector in 2021.
- Growing internet retail has acted as a driver for transaction volumes and a catalyst for innovation, leading to the establishment of parcel shops and parcel lockers at pickup and dropoff locations, the ability to change delivery schedules, set time slots, a broader range of communication methods, and more. Due to this, in 2020, CEP export shipments made up 11.2% of total exports, while imports made up 15.5% of total shipments. Owing to these factors, the international CEP market volume is projected to register a CAGR of 4.24% during 2023-2029.
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Understand The Key Trends Shaping This Market
