Study Period | 2017 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 192.8 Billion |
Market Size (2030) | USD 239.4 Billion |
CAGR (2025 - 2030) | 4.42 % |
Market Concentration | High |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
United States Courier, Express, and Parcel (CEP) Market Analysis
The United States Courier, Express, and Parcel (CEP) Market size is estimated at 192.8 billion USD in 2025, and is expected to reach 239.4 billion USD by 2030, growing at a CAGR of 4.42% during the forecast period (2025-2030).
The United States courier industry is undergoing significant transformation driven by infrastructure development and technological advancement. The Federal Aviation Administration is spearheading this change through substantial investments, announcing USD 427 million in grants for airport infrastructure projects across 39 states in July 2024. This initiative, part of the Bipartisan Infrastructure Law, focuses on modernizing airports with terminal expansions, runway safety improvements, and enhanced air traffic infrastructure. The development of warehousing infrastructure continues to expand, with approximately 682 million square feet of space under construction as of Q4 2022, distributed across various regions including the Northeast, Midwest, South, and Western United States.
Major industry players are strategically repositioning themselves through acquisitions and operational changes to enhance service efficiency. In April 2024, UPS secured a landmark agreement to become the primary air cargo provider for USPS, replacing FedEx's 20-year partnership. This transition demonstrates the dynamic nature of industry partnerships and the continuous evolution of courier service delivery models. Additionally, Walmart has embraced innovation in its delivery infrastructure, implementing over 40 parcel stations in stores by December 2023, with plans for further expansion throughout 2024 to enhance delivery service efficiency and customer satisfaction.
The industry is witnessing a significant shift in international trade dynamics, particularly in cross-border commerce. A notable development is Mexico's emergence as the United States' largest trading partner, surpassing China with exports valued at USD 475.6 billion in 2023, marking a 5% increase from the previous year. This shift has substantial implications for logistics service networks and delivery patterns, particularly in border regions. Amazon continues to dominate the domestic market, processing over 4.8 billion parcels in the United States in 2022, highlighting the scale of operations in the courier market.
Financial technology integration and consolidation are reshaping service delivery models in the courier express sector. The announcement of Capital One's USD 35.3 billion acquisition of Discover Financial Services in 2024 exemplifies the growing intersection of financial services and delivery networks. Similarly, in the healthcare sector, digital health startups have secured USD 5.7 billion across 266 deals in the first half of 2024, indicating strong investment in technology-driven delivery solutions. These developments are driving innovation in specialized express delivery services, particularly in sectors requiring secure and time-sensitive transportation.
United States Courier, Express, and Parcel (CEP) Market Trends
United States leads regional GDP with 86% contribution, driven by infrastructure and supply chain investments
- In September 2024, the FAA, under the US Department of Transportation, allocated USD 1.9 billion in grants for 519 projects. These projects span 48 states, Guam, Puerto Rico, and other territories, all part of the Airport Improvement Program (AIP). Additionally, USD 269 million in Supplemental Discretionary Grants for 2023 will back 62 projects at 56 U.S. airports. This competitive initiative aids airport owners and operators in enhancing the U.S. airport system. Marking its largest round yet, this fifth AIP grant cycle funds diverse projects, from airport safety and sustainability upgrades to noise reduction. The grants cater to airports nationwide, regardless of size.
- With infrastructure development and the e-commerce boom, the transportation and storage sector is set for a job surge. The Bureau of Labor Statistics (BLS) projects a 0.8% annual growth rate from 2022 to 2032, translating to nearly 570,000 new jobs. Notably, the couriers and messengers industry, alongside warehousing and storage, is expected to drive about 80% of this job growth.
The United States remained a net crude oil importer in 2022, importing about 6.28 million bpd of crude oil from 80 countries
- Gasoline prices in the US are expected to drop below USD 3 a gallon for the first time in over three years by October 2024, just before the presidential election. Lower fuel prices are mainly due to weaker demand and falling oil prices, providing relief to consumers who have faced high costs that fueled inflation. This could also help Vice President Kamala Harris and other Democrats counter Republican criticism over high gas prices. In September 2024, the average price for regular gas was USD 3.25 a gallon, down 19 cents from last month and 58 cents from last year.
- According to US Energy Information Administration (EIA), crude oil prices will stay steady in 2024 compared to 2023, then decrease in 2025. The US' introduction of new refining capacities in 2023 will boost its operable capacity, alleviating price strain on oil products in 2024 and 2025. Furthermore, the Middle East, particularly Kuwait, will add new international refining capacities, which will help ease global price pressure on gasoline and diesel. Also, it is expected, narrowing crack spreads in 2024 are likely to lead to lower average US retail fuel prices in both 2024 and 2025. Gasoline prices are projected to USD 3.36/gal in 2024 and USD 3.24/gal in 2025.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- US population growth is supported by net international migration, with 60% of counties growing
- US oil production stabilizes at 13.2 million barrels per day, while major companies pursue mergers for Permian Basin output
- The number of e-commerce users in the United States is expected to reach 333 million by 2029
- United States leads regional GDP with 86% contribution, driven by infrastructure and supply chain investments
- US imports from Mexico reached USD 475.6 billion in 2023, up 5% from 2022
- The US government plans to invest USD 550 billion in repairing existing infrastructure till 2026
- Retail sales in the United States expanded by 3.2% YoY in 2023 supported by consumer spending
- Residue impact of economic shutdown on global supply chains led to an increase in food and energy prices
- Small- and medium-sized manufacturers (SMMs) comprise 98% of the US manufacturing firms as of 2023
- The United States is projected to become the world's fifth-largest rice exporter, with 3.1 million tons by 2031-32
- US boosts highway investment by 55% to improve infrastructure, targeting supply chain efficiency by 2026
Segment Analysis: By Destination
Domestic Segment in US CEP Market
The domestic segment continues to dominate the United States Courier, Express, and Parcel (CEP) market, accounting for approximately 76% of the total market value in 2024. This substantial market share is driven by the robust growth of e-commerce trade within the country, with the e-commerce industry witnessing a significant rise of 14% year-over-year in 2023, reaching USD 925.4 billion. The segment's strength is further reinforced by the extensive network of fulfillment centers and delivery infrastructure maintained by major players like UPS, FedEx, and Amazon Logistics. The domestic segment benefits from increasing consumer demand for same-day delivery and next-day delivery services, particularly in metropolitan areas. Major retailers like Walmart are actively expanding their delivery capabilities, with over 4,000 stores functioning as delivery hubs by the end of 2023, managing various types of orders for fulfillment and delivery.

International Segment in US CEP Market
The international segment of the US CEP market is experiencing robust growth, driven by increasing cross-border e-commerce activities and evolving global trade dynamics. A significant development in this segment is Mexico surpassing China to become the biggest exporter of goods to the United States, with Mexico exporting USD 475.6 billion to the US in 2023, marking a 5% increase from the previous year. The segment is benefiting from strategic partnerships and infrastructure improvements, such as GLS US integrating its services with its parent company's European network in April 2024, enabling direct parcel delivery between the U.S. and Europe. This integration offers fast transit times, with pickups in California potentially arriving by Thursday in countries like the U.K., Germany, and the Netherlands. The segment is also witnessing increased adoption of advanced tracking technologies and customs clearance solutions to facilitate smoother cross-border shipments.
Segment Analysis: By Speed of Delivery
Non-Express Segment in US CEP Market
The non-express delivery segment dominates the United States Courier, Express, and Parcel (CEP) market, commanding approximately 96% of the total market share in 2024. This significant market position is driven by cost-conscious businesses and consumers who prioritize economical shipping options over speed. In November 2023, Walmart demonstrated this trend by rolling out parcel stations in stores to enhance last-mile delivery efficiency, with over 40 stations implemented by December 2023. The standard shipping costs are typically lower than expedited shipping, with major carriers like DHL, FedEx, UPS, and USPS charging between USD 17 to USD 19.50 for standard delivery services. The segment's strength is further reinforced by the U.S. Postal Service's recent announcement in August 2024 of a USD 3 billion annual savings plan starting in 2025, which aims to maintain a 5-day delivery schedule for the Ground Advantage program nationwide while keeping local mail and parcel delivery times at 1 to 3 days.
Express Segment in US CEP Market
The express delivery segment is experiencing the fastest growth in the US CEP market, with projections indicating robust expansion through 2024-2029. This accelerated growth is driven by increasing consumer demands for rapid delivery services and technological advancements in the logistics sector. In April 2024, GLS US demonstrated this trend by integrating its services with its parent company's European network, enabling direct parcel delivery between the U.S. and Europe with impressive transit times - allowing packages picked up in California on Monday to potentially arrive by Thursday in countries like the U.K., Germany, and the Netherlands. The segment's growth is further supported by strategic facility expansions, such as DHL's September 2022 relocation of its Indianapolis facility to a new, nearly twice-as-large location with a USD 7.7 million investment, featuring improved equipment and more courier vehicle load positions. Courier companies are actively pursuing higher efficiency levels through extended service hours and technological innovations, with the potential to reduce average delivery times to just a few hours through the integration of automated warehouses, driverless vehicles, and drone technology.
Segment Analysis: By Model
B2C Segment in US CEP Market
The Business-to-Consumer (B2C) segment dominates the United States Courier, Express, and Parcel market, commanding approximately 66% market share in 2024, driven primarily by the explosive growth of e-commerce and changing consumer shopping behaviors. This segment has emerged as both the largest and fastest-growing segment, projected to expand at nearly 6% CAGR from 2024 to 2029. The segment's robust performance is attributed to the rising adoption of online shopping platforms, with fashion items, toys, and hobby & DIY goods being the most popular product categories. Major e-commerce players like Amazon, Walmart, and Target are continuously expanding their delivery networks and fulfillment centers across the country to meet growing consumer demand. The integration of advanced technologies such as automated sorting systems, route optimization, and real-time tracking capabilities has further enhanced the efficiency of B2C delivery. Additionally, the trend toward same-day delivery and next-day delivery options has intensified competition among carriers, leading to improved service quality and customer experience in this segment.
Remaining Segments in Model-based Segmentation
The Business-to-Business (B2B) and Consumer-to-Consumer (C2C) segments complete the model-based segmentation of the US CEP market, each serving distinct customer needs and operational requirements. The B2B segment primarily caters to corporate clients, manufacturing industries, and wholesale trade, offering specialized services such as scheduled deliveries, bulk shipments, and customized logistics solutions. This segment maintains its significance through established business relationships and long-term contracts with key industry players. Meanwhile, the C2C segment serves individual consumers sending packages to other consumers, particularly active in the growing resale and peer-to-peer marketplace sector. The segment has been transformed by digital platforms facilitating consumer-to-consumer transactions, with services ranging from standard shipping options to specialized handling for unique items. Both segments continue to evolve with technological advancements and changing market dynamics, though at a more measured pace compared to the B2C segment.
Segment Analysis: By Shipment Weight
Segment Analysis: By Mode of Transport
Road Segment in US CEP Market
The road transport segment dominates the United States Courier, Express, and Parcel (CEP) market, accounting for approximately 51% of the total market value in 2024. This segment's prominence is driven by several key factors including extensive road infrastructure development under the Bipartisan Infrastructure Law, which provides USD 550 billion in new federal investment through 2026. The segment has particularly benefited from the rise of e-commerce and last-mile delivery services, with companies like Walmart rolling out over 40 parcel stations in stores by late 2023 to enhance delivery efficiency. Road transportation offers greater flexibility and cost-effectiveness for short and medium-distance deliveries, while also providing better access to remote areas and residential locations. The segment's strong performance is further supported by technological advancements in route optimization, real-time tracking, and automated sorting systems that have significantly improved delivery efficiency and reduced operational costs.
Air Segment in US CEP Market
The air transport segment in the US CEP market continues to evolve with significant developments in infrastructure and service capabilities. In April 2024, UPS's announcement to become the primary air cargo provider for USPS, replacing FedEx, marks a major shift in the air cargo landscape. The Federal Aviation Administration's commitment of USD 427 million in grants for airport infrastructure projects across 39 states demonstrates the ongoing focus on strengthening air transport capabilities. This investment aims to modernize airports with improvements in terminal expansions, runway safety, and air traffic infrastructure. The segment's growth is particularly driven by the increasing demand for time-sensitive deliveries, international shipments, and high-value goods transportation. Air carriers are also investing in sustainable practices, with many companies incorporating more fuel-efficient aircraft and exploring alternative fuel options to reduce their environmental impact.
Remaining Segments in Mode of Transport
The remaining transport modes in the US CEP market include various alternative delivery methods such as maritime shipping for coastal deliveries, rail transport for long-distance bulk shipments, and emerging delivery technologies. These segments play a crucial role in providing specialized shipping solutions for specific routes and requirements. The integration of multiple transport modes has become increasingly important as companies seek to optimize their delivery networks and provide more flexible shipping options. These alternative transport modes are particularly valuable in situations where traditional road or air transport may not be the most efficient option, such as in congested urban areas or for specific types of cargo that require specialized handling.
Segment Analysis: By End User Industry
E-commerce Segment in US CEP Market
The e-commerce segment dominates the United States Courier, Express, and Parcel (CEP) market, accounting for approximately 76% of the total market value in 2024. This substantial market share is driven by the continued penetration of e-commerce into the retail sector, with the US e-commerce sector growing by 14% year-over-year in 2023. The segment's growth is further supported by evolving consumer preferences, with online spending showing notable increases across various categories, particularly electronics and apparel which together constitute about 34.5% of e-commerce spend. Social commerce platforms are also contributing significantly to this dominance, exemplified by TikTok Shop's launch in the US in September 2023, which enables seamless product purchases through creator content. Additionally, the rapid expansion of quick commerce services, with major players like Instacart and Uber Eats, is further strengthening the segment's position in the market.
Healthcare Segment in US CEP Market
The healthcare segment is emerging as the fastest-growing segment in the US CEP market, with projections indicating robust growth through 2024-2029. This growth is primarily driven by the increasing complexity of healthcare systems and rising demand for fast and reliable delivery services. Digital health startups have shown remarkable momentum, raising USD 5.7 billion across 266 deals in the first half of 2024, significantly driving the demand for courier services through increased transportation needs for medical devices, pharmaceuticals, and health data. The segment's growth is further supported by extensive refrigerated storage infrastructure, with the United States maintaining approximately 105.6 million cubic meters of gross refrigerated storage capacity, of which 17.4 million cubic meters provide temperature control from 0-10°C and 68.3 million cubic meters offer temperature control of -17.8°C or lower.
Remaining Segments in End User Industry
The other segments in the US CEP market include Financial Services (BFSI), Manufacturing, Primary Industry, and Wholesale and Retail Trade (Offline), each contributing uniquely to the market dynamics. The BFSI sector drives demand through the distribution of financial documents, cards, and banking materials, particularly with major developments like Capital One's planned acquisition of Discover Financial Services. The manufacturing segment benefits from the ongoing reshoring trends and government initiatives supporting domestic manufacturing. The primary industry segment, particularly agriculture, continues to evolve with new partnerships between logistics providers and agricultural businesses. The wholesale and retail trade segment maintains its significance through traditional retail distribution networks, with major retailers like Walmart expanding their delivery capabilities through innovative solutions such as in-store parcel stations.
United States Courier, Express, and Parcel (CEP) Industry Overview
Top Companies in United States Courier, Express, and Parcel Market
The market is dominated by established players like UPS, FedEx, USPS, OnTrac, and DHL Group, who are driving innovation across the courier industry. Companies are heavily investing in automation, robotics, and AI capabilities to optimize sorting facilities and improve delivery efficiency. Strategic partnerships with technology providers are enabling enhanced tracking, route optimization, and last-mile delivery solutions. Major players are expanding their networks through new facilities and distribution centers while also focusing on sustainable delivery options like electric vehicles. The industry is seeing increased investment in same-day delivery infrastructure and capabilities to meet evolving consumer demands. Companies are also strengthening their cross-border shipping networks through acquisitions and partnerships to capture growing international e-commerce volumes.
Consolidated Market Led By National Players
The US CEP market exhibits high consolidation with the top three players UPS, FedEx, and USPS controlling a significant share through their extensive nationwide networks. These companies leverage their established infrastructure, brand recognition, and integrated service offerings to maintain market dominance. Regional specialists like OnTrac and LSO focus on specific geographic territories, while global players like DHL primarily target international shipping segments. The market has high barriers to entry due to the capital-intensive nature of building delivery networks and sorting infrastructure. Recent years have seen increased M&A activity as larger players acquire regional carriers to expand coverage and capabilities.
The competitive dynamics are evolving with the entry of e-commerce giants like Amazon developing their own courier service capabilities. Traditional players are responding through strategic acquisitions of technology companies and last-mile delivery specialists to enhance their service offerings. The market is also seeing the emergence of specialized delivery providers focusing on specific segments like same-day delivery or particular industries. International players are strengthening their US presence through partnerships with local carriers, while regional players are expanding into adjacent territories through both organic growth and acquisitions.
Innovation and Network Optimization Drive Success
For incumbent players to maintain market leadership, continuous investment in technology and automation capabilities is crucial. Companies need to optimize their networks through strategic facility locations and route planning while building specialized solutions for high-growth segments like e-commerce. Developing sustainable delivery options and improving last-mile efficiency through innovative solutions will be key differentiators. Players must also focus on strengthening cross-border capabilities and offering integrated logistics solutions to capture growing international trade volumes. Building strong partnerships with retailers and e-commerce platforms while maintaining service quality and reliability will help retain market share.
New entrants and regional players can gain ground by focusing on underserved markets or specialized delivery needs. Developing technology-enabled solutions for specific industry verticals or geographic regions can help establish competitive advantages. Companies need to build operational flexibility to adapt to changing consumer preferences while maintaining cost efficiency. Strategic partnerships with established players or technology providers can help overcome infrastructure limitations. The regulatory environment around emissions and labor practices will impact operational strategies, making sustainable and compliant operations crucial for long-term success. Players must also monitor potential disruption from emerging technologies like autonomous vehicles and drones while building capabilities to integrate these innovations.
United States 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
United States 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.
- March 2024: GLS had established both near-term and long-term science-based targets (SBTs) to reduce greenhouse gas (GHG) emissions across its operations, aligning with the Science Based Targets initiative (SBTi). This commitment highlights GLS's enduring dedication to environmental stewardship and its efforts to minimize its carbon footprint. Over the past two years, GLS had nearly doubled its fleet of zero- and low-emission vehicles, now exceeding 4,300. The company had rolled out its inaugural electric trucks in Canada and Italy and was actively exploring future alternatives, including testing a hydrogen-powered truck in Germany. Additionally, over 80% of buildings operated by GLS utilize renewable electricity.
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United States Courier, Express, and Parcel (CEP) Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Demographics
- 4.2 GDP Distribution By Economic Activity
- 4.3 GDP Growth By Economic Activity
- 4.4 Inflation
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4.5 Economic Performance And Profile
- 4.5.1 Trends in E-Commerce Industry
- 4.5.2 Trends in Manufacturing Industry
- 4.6 Transport And Storage Sector GDP
- 4.7 Export Trends
- 4.8 Import Trends
- 4.9 Fuel Price
- 4.10 Logistics Performance
- 4.11 Infrastructure
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4.12 Regulatory Framework
- 4.12.1 United States
- 4.13 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes Market Value in USD, Forecasts up to 2030 and analysis of growth prospects)
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5.1 Destination
- 5.1.1 Domestic
- 5.1.2 International
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5.2 Speed Of Delivery
- 5.2.1 Express
- 5.2.2 Non-Express
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5.3 Model
- 5.3.1 Business-to-Business (B2B)
- 5.3.2 Business-to-Consumer (B2C)
- 5.3.3 Consumer-to-Consumer (C2C)
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5.4 Shipment Weight
- 5.4.1 Heavy Weight Shipments
- 5.4.2 Light Weight Shipments
- 5.4.3 Medium Weight Shipments
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5.5 Mode Of Transport
- 5.5.1 Air
- 5.5.2 Road
- 5.5.3 Others
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5.6 End User Industry
- 5.6.1 E-Commerce
- 5.6.2 Financial Services (BFSI)
- 5.6.3 Healthcare
- 5.6.4 Manufacturing
- 5.6.5 Primary Industry
- 5.6.6 Wholesale and Retail Trade (Offline)
- 5.6.7 Others
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 Amazon
- 6.4.2 Aramex
- 6.4.3 DHL Group
- 6.4.4 Dropoff Inc.
- 6.4.5 FedEx
- 6.4.6 International Distributions Services (including GLS)
- 6.4.7 OnTrac
- 6.4.8 Spee-Dee Delivery Service, Inc.
- 6.4.9 United Parcel Service of America, Inc. (UPS)
- 6.4.10 USA Couriers
- 6.4.11 USPS
- 6.4.12 WeDo Logistics Limited (including Lone Star Overnight Inc.)
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR CEP CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.1.5 Technological Advancements
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION DISTRIBUTION BY GENDER, COUNT, UNITED STATES, 2017 - 2030
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, UNITED STATES, 2017 - 2030
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, UNITED STATES, 2017 - 2030
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, UNITED STATES, 2017 - 2022
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), UNITED STATES, 2017 - 2022
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, UNITED STATES, 2022
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, UNITED STATES, 2022
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, UNITED STATES, 2017 – 2022
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, UNITED STATES, 2017 - 2022
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, UNITED STATES, 2017 - 2022
- Figure 11:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, UNITED STATES, 2017 - 2027
- Figure 12:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, UNITED STATES, 2022
- Figure 13:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, UNITED STATES, 2017 - 2022
- Figure 14:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, UNITED STATES, 2022
- Figure 15:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, UNITED STATES, 2017 – 2022
- Figure 16:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, UNITED STATES, 2022
- Figure 17:
- VALUE OF EXPORTS, USD, UNITED STATES, 2017 - 2022
- Figure 18:
- VALUE OF IMPORTS, USD, UNITED STATES, 2017 - 2022
- Figure 19:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, UNITED STATES, 2017 - 2022
- Figure 20:
- RANK OF LOGISTICS PERFORMANCE, RANK, UNITED STATES, 2010 - 2023
- Figure 21:
- LENGTH OF ROADS, KM, UNITED STATES, 2017 - 2022
- Figure 22:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, UNITED STATES, 2022
- Figure 23:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, UNITED STATES, 2022
- Figure 24:
- RAIL LENGTH, KM, UNITED STATES, 2017 - 2022
- Figure 25:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), UNITED STATES, 2022
- Figure 26:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, UNITED STATES, 2022
- Figure 27:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 28:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 29:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, NUMBER OF PARCELS, UNITED STATES 2017 - 2030
- Figure 30:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, USD, UNITED STATES 2017 - 2030
- Figure 31:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2017 - 2030
- Figure 32:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2017 - 2030
- Figure 33:
- VOLUME OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 34:
- VALUE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 35:
- VALUE SHARE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 36:
- VOLUME OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 37:
- VALUE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 38:
- VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 39:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, NUMBER OF PARCELS, UNITED STATES 2017 - 2030
- Figure 40:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, USD, UNITED STATES 2017 - 2030
- Figure 41:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, UNITED STATES, 2017 - 2030
- Figure 42:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SPEED OF DELIVERY, %, UNITED STATES, 2017 - 2030
- Figure 43:
- VOLUME OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 44:
- VALUE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 45:
- VALUE SHARE OF EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 46:
- VOLUME OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 47:
- VALUE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 48:
- VALUE SHARE OF NON-EXPRESS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 49:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, NUMBER OF PARCELS, UNITED STATES 2017 - 2030
- Figure 50:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, USD, UNITED STATES 2017 - 2030
- Figure 51:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, UNITED STATES, 2017 - 2030
- Figure 52:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODEL, %, UNITED STATES, 2017 - 2030
- Figure 53:
- VOLUME OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 54:
- VALUE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 55:
- VALUE SHARE OF BUSINESS-TO-BUSINESS (B2B) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 56:
- VOLUME OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 57:
- VALUE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 58:
- VALUE SHARE OF BUSINESS-TO-CONSUMER (B2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 59:
- VOLUME OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 60:
- VALUE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 61:
- VALUE SHARE OF CONSUMER-TO-CONSUMER (C2C) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 62:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, NUMBER OF PARCELS, UNITED STATES 2017 - 2030
- Figure 63:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, USD, UNITED STATES 2017 - 2030
- Figure 64:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, UNITED STATES, 2017 - 2030
- Figure 65:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY SHIPMENT WEIGHT, %, UNITED STATES, 2017 - 2030
- Figure 66:
- VOLUME OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 67:
- VALUE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 68:
- VALUE SHARE OF HEAVY WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 69:
- VOLUME OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 70:
- VALUE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 71:
- VALUE SHARE OF LIGHT WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 72:
- VOLUME OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 73:
- VALUE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 74:
- VALUE SHARE OF MEDIUM WEIGHT SHIPMENTS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 75:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, NUMBER OF PARCELS, UNITED STATES 2017 - 2030
- Figure 76:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, USD, UNITED STATES 2017 - 2030
- Figure 77:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, UNITED STATES, 2017 - 2030
- Figure 78:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY MODE OF TRANSPORT, %, UNITED STATES, 2017 - 2030
- Figure 79:
- VOLUME OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 80:
- VALUE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 81:
- VALUE SHARE OF AIR COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 82:
- VOLUME OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 83:
- VALUE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 84:
- VALUE SHARE OF ROAD COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 85:
- VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 86:
- VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 87:
- VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 88:
- VOLUME OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, NUMBER OF PARCELS, UNITED STATES 2017 - 2030
- Figure 89:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, USD, UNITED STATES 2017 - 2030
- Figure 90:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2017 - 2030
- Figure 91:
- VOLUME SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2017 - 2030
- Figure 92:
- VOLUME OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 93:
- VALUE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 94:
- VALUE SHARE OF E-COMMERCE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2022 VS 2030
- Figure 95:
- VOLUME OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 96:
- VALUE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 97:
- VALUE SHARE OF FINANCIAL SERVICES (BFSI) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2022 VS 2030
- Figure 98:
- VOLUME OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 99:
- VALUE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 100:
- VALUE SHARE OF HEALTHCARE COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2022 VS 2030
- Figure 101:
- VOLUME OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 102:
- VALUE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 103:
- VALUE SHARE OF MANUFACTURING COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2022 VS 2030
- Figure 104:
- VOLUME OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 105:
- VALUE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 106:
- VALUE SHARE OF PRIMARY INDUSTRY COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2022 VS 2030
- Figure 107:
- VOLUME OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 108:
- VALUE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 109:
- VALUE SHARE OF WHOLESALE AND RETAIL TRADE (OFFLINE) COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2022 VS 2030
- Figure 110:
- VOLUME OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 111:
- VALUE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 112:
- VALUE SHARE OF OTHERS COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION, %, UNITED STATES, 2022 VS 2030
- Figure 113:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, UNITED STATES, 2017 - 2023
- Figure 114:
- MOST ADOPTED STRATEGIES, COUNT, UNITED STATES, 2017 - 2023
- Figure 115:
- VALUE SHARE OF MAJOR PLAYERS, %, UNITED STATES
United States 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.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 |
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