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Courier Express and Parcel Market to Record Sturdy Growth by 2018 -2026

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Courier and parcel services help deliver various things such as packages, documents, and other important stuff in an easy and efficient manner. Benefits of utilizing these services include safe delivery of parcel, cost-effective service, and parcel tracking system; therefore, companies that provide this type of service are gaining popularity across the globe. Rise in business agreements between countries, in order to enhance the product quality and provide better service for the customer, is the major factor that is estimated to propel the courier express and parcel market during the forecast period. Introduction of new free-trade agreements is likely to encourage investment in developing regions, in order to enhance business, which in turn is anticipated to boost the courier express and parcel market during the forecast period. Increase in international trade, development of economic zones and free-trade zones, and government initiatives regarding export import regulations are likely to propel the courier express and parcel market during the forecast period.

The global courier express and parcel market can be segmented into type, application, and region. In terms of types, the courier express and parcel market can be segregated into air transport, land transport, and sea transport. The air transport segment is likely to expand significantly, as air transport facility enables rapid delivery, while other transport services take longer to deliver goods. Moreover, in terms of reliability, air transport makes a good impact as, compared to other types of transport services. These factors are anticipated to boost the air transport segment at a significant growth rate, which in turn is likely to drive the courier express and parcel market during the forecast period.

Based on application, the courier express and parcel market can be divided into business to business (B2B), business-to-consumer (B2C), and consumer-to-consumer (C2C). The B2B segment held a major share of the market and likely to maintain its dominance during the forecast period. Expansion of the e-commerce sector and increase in consumer awareness are expected to drive the B2C segment during the forecast period. This in turn is anticipated to fuel the courier express and parcel market during the forecast period. Shifting focus from business to business (B2B) to business-to-consumer (B2C) owing to rising demand for e commerce business providing major opportunities.

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In terms of region, the courier express and parcel market can be classified into North America, Europe, Asia Pacific, and Middle East & Africa. North America and Asia Pacific held a major share of the global courier express and parcel market. The market in Asia Pacific is expected to expand at a significant growth rate during the forecast period owing to several factors such as growing urban population, increase in penetration of smartphones, rise in usage of internet, presence of international e-commerce companies, and rise in middle class population.

Key players operating in the courier express and parcel market include A-1 Express, Allied Express, Aramex, Deutsche Post AG, FedEx, United Parcel Service of America, Inc., DX Group, and One World Express Express Inc. Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

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The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.       

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