Global Express Cargo Services Market Has Shown Immense CAGR of a +6% by 2021-2028 with Allied Express, Aramex, United Parcel Service, One World Express, TNT Express, Deutsche Post DHL, Dynamic Parcel Distribution, City Link, A1Express

An enormous transformation is occur in the last-mile delivery, with companies looking at alternatives, like pickup points, delivery lockers, drone deliveries, crowdsourced deliveries, and autonomous vehicles. The evolution of technology is rebuilding the complete supply chain and reinventing the parcel sectors. Technology is becoming a vital enabler in increasing capability and reaching consumer expectations.

The Express Cargo Services Market is anticipated to exhibit a CAGR of over +6% during the forecast period. The Asia Pacific is the huge regional parcel market by value, recording for around 45 percent of the global market. North America and Europe together represent a little over 55 percent. Thanks to the development of e-commerce online retail is the main propeller of growth in parcel delivery volumes, the market is experiencing very strong development, especially in countries and in Eastern Europe.

Asia-Pacific is the huge regional market by value, recording for around 45 percent of the global market. North America and Europe together represent a little over 55 percent of the market. The demand for express cargo services in the Asia-Pacific region is anticipated to witness high growth during the forecast period, owing to the huge population growth, rising disposable incomes and living standards, and growth in international trade.

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Key Players:-

  • Allied Express
  • AK Express
  • Aramex
  • FedEx
  • United Parcel Service
  • Interlink Express Parcels
  • One World Express
  • DTDC
  • TNT Express
  • DX Group
  • Deutsche Post DHL
  • ONS Express & Logistics
  • Dynamic Parcel Distribution (GeoPost)
  • Antron Express
  • City Link
  • Naparex
  • A1Express
  • Bring Couriers
  • Hermes Europe
  • Parcelforce Worldwide
  • General Logistics Systems

As the governments are concentrating on developing the manufacturing sectors in the nations and the global companies are setting up their manufacturing bases in the region, the international trade of the nations is rising and is anticipated to rise further in the future. The retail sector in the region is also growing rapidly.

The global courier service companies are projected to be propelled by the revival of the manufacturing sector and anticipated economic expansion. Asian countries, like China, Taiwan, Korea, and Thailand, are evidencing increased penetration of electronic devices. This, coupled with the rise in presence of multiple online payment methods, the changing lifestyles because of the urbanization, and the growth in electronic goods, food and beverage shipments, automobiles, will advantage the Express Cargo Services Market

Southeast Asia region is one of the emerging hotspots worldwide, attracting investments from across the world. E-commerce in the region is also anticipated to sustain in the next few years. The rise in contract making of FMCGs in emerging markets will noteworthy influence express cargo service growth over the next few years.

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By Product:-

  • Air
  • Ship
  • Road

By Application:-

  • Business-to-business (B2B)
  • Business-to-consumer (B2C)
  • Consumer-to-consumer (C2C)

Based on Region:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa
  • Latin America

Detailed TOC of Express Cargo Services Market Research Report-
1. Introduction.
2. Market methodology Analysis.
3. Market Strategies Analysis.
4. Market Demand, Supply, Trends Analysis.
5. Market Overview with Key Players
6. Porte’s Five Force Model Analysis.
7. Market segmentation by Region, Type, and Application.
8. Market Advantages and Limitation Analysis.
9. Projects SWOT Analysis.
10. Conclusion.
11. Appendix.

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