The Express Delivery Global Market Report 2023 by The Business Research Company, provides express delivery market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Express Delivery Global Market Report 2023, the market size is expected to grow from$277.04 billion in 2022 to $303.84 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of express delivery market is expected to grow to $401.11 billion in 2027 at a CAGR of 7.2%.
The rapid growth of the e-commerce industry is significantly contributing to the growth of the express delivery market. E-commerce is described as the online sale and purchase of goods and services. Express delivery in e-commerce helps to increase both the quality and the speed with which things are delivered.
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The express delivery market is segmented:
1) By Service: Online, Offline
2) By Business Model: B2B, B2C, C2C
3) By Destination: Domestic, International
4) By End User: Services, Wholesale And Retail Trade, Manufacturing, Construction, And Utilities, Other End Users
Technological advancements have emerged as a key trend gaining popularity in the express delivery market. Major companies operating in express delivery are focused on adopting advanced technologies to strengthen their position in the market. For instance, in April 2022, EyeMyEye, an Indian Eyewear business, launched a new express delivery service for prescription eyeglass and UV protected sunglasses.
The express delivery market report table of contents includes:
1. Executive Summary
2. Express Delivery Market Characteristics
3. Express Delivery Market Trends And Strategies
4. Express Delivery Market – Macro Economic Scenario
5. Express Delivery Market Size And Growth
…
27. Express Delivery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Express Delivery Market
29. Express Delivery Market Future Outlook and Potential Analysis
30. Appendix
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