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Courier Services Market Is Expected to Reach 464300 Million US$ by the End of 2025

Courier Services Market Research Report provides in-depth information about market overview, top vendors, Key market highlights, product types, market drivers, challenges, trends, Elevator Wire Rope Market landscape, Market size and forecast, five forces analysis, Key leading countries/Region.

 

Los Angeles, CA -- (SBWIRE) -- 04/11/2019 -- A courier service is a service that allows someone to send a parcel or consignment from one location to another. They can be booked and paid for online. Senders have the option to have their parcels collected by a courier or drop their parcel off at a nearby location to be picked up later by the courier.

The North America ranks highest in courier service revenue at $101.87 billion, generating 34% of the total revenue in global. China ($77.53 billion) and Japan ($23.45 billion) follow in second and third place. The average shipping price of a parcel is $8.95 in the US, compared to $1.83 in China and $2.64 in Japan.

The health of the transportation and logistics industry will continue to be a function of domestic and global economic growth.

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In 2018, the global Courier Services market size was 299100 million US$ and it is expected to reach 464300 million US$ by the end of 2025, with a CAGR of 6.5% between 2019 and 2025.

This report studies the Courier Services market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

This report focuses on the global top players, covered

UPS

FedEx

Royal Mail

DHL

China Post

Japan Post Group

SF Express

BancoPosta

YTO Expess

ZTO Express

STO Express

Yunda Express

Aramex

Market segment by Regions/Countries, this report covers

North America

Europe

China

Rest of Asia Pacific

Central & South America

Middle East & Africa

Market segment by Type, the product can be split into

Courier

Express

Parcel

Market segment by Application, the market can be split into

B2B

B2C

C2C

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