Global Domestic Couriers Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

October 21, 2021December 3, 2021 by The Business Research Company

The Global Domestic Couriers Market Report by The Business Research Company covers domestic couriers market drivers and restraints, domestic couriers market size, major players, and the impact of COVID-19 on the domestic courier market.

The domestic couriers market consists of sales of delivery services of small packages and parcels, in metropolitan areas and urban centers within a country. The market includes the revenues of establishments that provide sorting and transportation activities of parcels.

The global domestic couriers market reached a value of nearly $454.5 billion in 2020, having increased at a compound annual growth rate (CAGR) of 8.1% since 2015. The market is expected to grow from $454.5 billion in 2020 to $736.0 billion in 2025 at a rate of 10.1%. The growth is mainly due to the increasing e-commerce demand which is expected to drive the demand for domestic couriers. The domestic couriers market is expected to grow from $736.0 billion in 2025 to $1,152.8 billion in 2030 at a CAGR of 9.4%.

Rising demand for food delivery services is expected to contribute to the growth of the domestic couriers market in the forecast period. Several factors such as rising disposable incomes, increasing number of families with dual earners, changing consumption patterns, and ease of ordering are increasing the demand for online food delivery services, which is estimated to reach $200 billion by 2025. The rising demand for food delivery services is expected to contribute to the growth of the domestic couriers’ market in the forecast period.

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Some domestic couriers market trends include increasingly using automated parcel terminals. Automated parcel terminals are computer-controlled units which allow customers to collect, hand in and return parcels around the clock. Moreover, courier companies are offering customized services and solutions to e-commerce companies to enhance customer satisfaction levels of e-commerce companies.

Global domestic couriers market segments include:

1) By Type: Ground, Express, Deferred

2) By Application: Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C)

3) By End User: BFSI, Wholesale And Retail Trade, Construction, Manufacturing, Others

4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Domestic Couriers Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides domestic couriers market overviews, analyzes and forecasts market size, share, domestic couriers market players, domestic couriers market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The domestic couriers identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Domestic Couriers Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: United Parcel Service Inc., FedEx Corporation, China Post, Royal Mail, United States Postal Service

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Domestic Couriers Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Domestic Couriers Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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