The global domestic couriers market is expected to grow from $36.48 billion in 2020 to $39.86 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $68.48 billion in 2025 at a CAGR of 14%.
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The domestic couriers market consists of the sales of the guaranteed express delivery services of small packages and parcels, in metropolitan areas, urban centres within a country. The market includes the sales of various courier and local delivery services which finds applications in various business models such as Business-to-Business (B2B), Business-to-Consumer (B2C) and Consumer-to-Consumer (C2C).
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The domestic couriers market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the domestic couriers market are FedEx Corporation, United Parcel Service Inc., A-1 Express , SF Express Co. Ltd., UPS Limited, DHL Express, Yunda Holding Co., Ltd., Royal Mail, Japan Post Group, China Post, USPS, Deutsche Post AG, Canada Post Corporation, Eastern Connection (United States), New Zealand Post, Allied Express (Australia), Aramex (United Arab Emirates), TFI International Inc., Shanghai YTO Express (Logistics) Co. Ltd.
The global domestic couriers market is segmented –
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
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The domestic couriers market report describes and explains the global domestic couriers market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The domestic couriers report evaluates the market across each region and for the major economies within each region.
The countries covered in the global domestic couriers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global domestic couriers market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Domestic Couriers Market Characteristics
- Domestic Couriers Market Product Analysis
- Domestic Couriers Market Supply Chain
- Key Mergers And Acquisitions In The Domestic Couriers Market
- Market Background: Transport Services
- Copyright And Disclaimer
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