er, Express & Parcel Market Report 2024–2031: Size, Share, and Future Growth

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The Courier Express and Parcel Market is expected to register a CAGR of 8.5% from 2025 to 2031, with a market size expanding from US$ 471.12 Billion in 2024 to US$ 595.32 Billion by 2031.

Courier Express and Parcel Market Report
United States of America, August 11, 2025 - The Insight Partners is proud to announce its latest market report, "Courier Express and Parcel Market: An In-depth Analysis."
 This report offers a detailed view of the Courier Express and Parcel Market. It highlights current trends, key growth drivers, market segments, major players, and future growth prospects from 2025 to 2031.

Overview of Courier Express and Parcel Market
The Courier Express and Parcel Market is expected to grow at a rate of 8.5% from 2025 to 2031.
 The market size will increase from US$ 471.12 billion in 2024 to US$ 595.32 billion by 2031. This substantial growth stems from the booming e-commerce sector, rising demand for same-day and express delivery services, and increased investments in last-mile delivery infrastructure.

Key Findings and Insights
Market Growth and Dynamics
Rapid urbanization and growth in the construction sector significantly contribute to market expansion.

Technological progress, such as real-time shipment tracking, automated sorting, and route optimization, improves operational efficiency.
Rising consumer expectations for quick local services boost the demand for faster and reliable delivery solutions.
An increase in international trade and the globalization of supply chains further drive the need for courier, express, and parcel services worldwide.

Key Factors Affecting the Market
The booming e-commerce industry and the rise in online shopping trends.

Growing demand for same-day, express, and last-mile delivery services.
Increased investment in logistics infrastructure and urban delivery networks.
The rising importance of tracking, transparency, and customer experience in delivery services.

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Market Segmentation
By Business Type:
B2C (Business to Consumer)
B2B (Business to Business)
C2C (Consumer to Consumer)

By Destination:
Domestic
International

By End-User:
BFSI (Banking, Financial Services, and Insurance)
Retail
Manufacturing and Construction
Agriculture

Top Key Players
Aramex
Deutsche Post DHL Group
FedEx Corporation
PostNL
Royal Mail Group Ltd
SF Express Co., Ltd.

SG Holdings Co Ltd
Singapore Post Limited
United Parcel Service, Inc.
 (UPS)
Yamato Holdings Co.
 Ltd

Conclusion
The Courier Express and Parcel Market is set for strong growth through 2031, driven by increasing e-commerce activities, technological advancements, and shifting consumer demands for faster and more efficient delivery services.
 Companies in this dynamic sector will likely focus on improving last-mile delivery capabilities, expanding their global networks, and using technology to gain a competitive edge while meeting regulatory and environmental standards.

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