LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global courier, express, and parcel market is expected to accelerate at a CAGR of nearly 6% during the forecast period. FTAs encouraging CEP investments in emerging economies is one of the key factors triggering the growth of the market.
This research report titled ‘Global Courier, Express, and Parcel Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global courier, express, and parcel market into the following geography:
In 2017, the APAC region accounted for 35% of the global market and is projected to reach 40% by 2022, exhibiting almost 4% increase in market share.
Global courier, express, and parcel market: Emerging trend in the market
Growing integration of LMD models with CEP companies is an emerging trend in the courier, express, and parcel market. The instant delivery market is gaining attention rapidly, which has resulted in high capital investments in new start-ups and venture firms. Most of the new start-ups provide food preparation and delivery services. E-commerce players are coming up with new delivery models to provide a vast range of delivery services to their customers such as hub-and-spoke and last-mile delivery models. The last-mile delivery model comprises postal mail-run, crowd shipping, courier delivery, and courier delivery to lockers. There has been a proportional increase in demand for parcel delivery, owing to the rise in the demand for e-commerce. To cater to the growing demand for CEP services, logistics players are integrating LMD models to provide regular delivery, same-day delivery, instant delivery, and other value-added services.
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Technavio’s report provides expert market research on the following topics:
- Market Outline
- Global Courier, Express, and Parcel Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (A-1 Express, Allied Express, Aramex, Deutsche Post DHL Group, FedEx, and UPS)
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