Understand How The Couriers And Messengers Market Is Set To Grow In Through 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global couriers and messengers market size is expected to grow from $711.32 billion in 2022 to $797.39 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The couriers and messengers market is expected to grow to $1227.35 billion in 2027 at a CAGR of 11.4%.
What will drive the couriers and messengers market?
Courier and express delivery service providers are increasingly using automated parcel terminals. Automated parcel terminals are computer-controlled units that allow customers to collect, hand in, and return parcels around the clock.
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Who are the major players in the market?
Major Market Players in the couriers and messengers market include Amazon.com Inc., United States Postal Service, United Parcel Service Inc., Deutsche Post AG, FedEx Corporation, SF Express Co. Ltd., LE GROUPE LA POSTE.
Which trend is gaining popularity in the couriers and messengers market?
Courier and express delivery service providers are increasingly using automated parcel terminals. Automated parcel terminals are computer-controlled units that allow customers to collect, hand in, and return parcels around the clock. These terminals are deployed at locations with maximum footfall, such as walkways, convention centers, grocery outlets, shopping malls, convenience stores, gas stations, and railway stations.
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How is the couriers and messengers market segmented?
Global Couriers And Messengers Market Segments Include:
- By Type: Domestic Couriers, International Couriers
- By End-User: B2B, B2C, Other End Users
- By Coverage: Local Messengers And Local Delivery, Couriers And Express Delivery Services
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global couriers and messengers market in 2021.
The Couriers And Messengers Global Market Report 2023 provides an overview of the couriers and messengers market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The couriers and messengers market forecast analyzes couriers and messengers market size, couriers and messengers market share, leading competitor and their market positions.
Couriers and messengers refer to a part of the transportation of goods that provides tracked, guaranteed, and express delivery services of parcels within intercity, local, and/or international geography without operating under a universal service obligation that includes local messengers, who usually deliver the parcels within a metropolitan or single urban area and mostly use bicycles, on-foot, small trucks, or vans.
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