Packages are products or objects wrapped in paper, sealed in an envelope, or placed in a box, and parcel delivery is the process of transporting a parcel to a specific location by road, rail, or air. The parcel delivery market has been fueled by increased internet penetration and the rise of the e-commerce industry. As internet penetration and customer purchasing habits change, the global parcel delivery industry is expected to grow at a CAGR of more than 4.2% over the forecast period.
Parcel Delivery Market Scope:
The report contains a qualitative and quantitative analysis of the Parcel Delivery Market segmented by economic and non-economic factors. It also includes a thorough examination of the Parcel Delivery industry from various angles using Porter’s five forces analysis. The report delves into the Parcel Delivery Market along the value chain. The report provides historical data and forecasts revenue growth at the country, regional, and global levels, as well as an analysis of market trends in each sub-segment and region. The report’s competitive landscape includes details by Parcel Delivery competitors such as company overview, financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The bottom-up approach was used to estimate the size of the national and regional Parcel Delivery markets.
Parcel Delivery Market Overview:
Stellar Market Research provides a detailed description of the Parcel Delivery Market, allowing you to better understand its features. The Parcel Delivery research paper details the projected statistics, significant advancements, and income.
Parcel Delivery Market size was valued at US$ 430 Billion in 2020 and the total Parcel Delivery Market revenue is expected to grow at 4.2% through 2021 to 2027, reaching nearly US$ 580 Billion.
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Parcel Delivery Market Segmentation:
Significant cost savings will result in a multibillion-euro redistribution of value across the core and new segments of the industry. Cost-effective autonomous technology has the potential to save developed economies $20 billion to $25 billion per year. The value redistribution is massive, far exceeding the total profit pool of today’s industrialised countries’ CEP members. Furthermore, rather than the growing same-day and instant markets, the majority of value redistribution in the last-mile ecosystem ($15 billion to $20 billion) is expected to occur in today’s core market. Members of the CEP, autonomous-vehicle developers, and others are likely to share the value.
Despite the significant technological leap required, existing CEP providers are still well positioned to control the majority of package volumes in delayed, B2B, and, to a lesser extent, same-day delivery (75 to 80% in 2025). The capital-intensive nature of sorting and full-scale logistics networks, the nearly-mandatory nationwide service offering, massive economies of scale, and critical client access are significant barriers to entry for new companies, and will help existing firms maintain their core dominance. Several very large retailers, on the other hand, may participate in traditional last-mile delivery (that is, deferred delivery) in high-density areas in order to gain control of the consumer touch point and establish synergies with their same-day networks.
Parcel Delivery Market Key Players:
Smartbox Ecommerce Solutions Pvt. Ltd. (India)
Amazon.com, Inc. (USA)
Deutsche Post DHL Group (Germany)
United Parcel Service Inc. (USA)
FedEx Corporation (USA)
Aramex PJSC (UAE)
SF Express (Group) Co. Ltd (China)
Bell and Howell (USA)
Cleveron Ltd. (Estonia)
TZ Ltd., LLC
KEBA AG (Austria)
ENGY Company |(Russia)
Neopost Group (Quadient) (France)
ByBox Holdings Ltd. (UK)
InPost (Poland)
Regional Analysis:
Each regional Parcel Delivery market sector is extensively researched to determine its current and future growth prospects. This assists clients in expanding their businesses. The market report covers all five regions as well as their country distribution. The Parcel Delivery report also includes information on their market size and trends.
Key Questions answered in the Parcel Delivery Market Report are:
Key offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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