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Courier Express and Parcel Market

The global courier express and parcel market was valued at USD 358 billion in 2019 and is expected to reach USD 520 billion by 2026, expanding at a CAGR of around 6% during the forecast period, 2020u20132026. The growth of the market is attributed to increasing FMCG production and cross border trades.

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Courier Express and Parcel Market

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  1. Global Courier Express and Parcel Market by Transportation Modes, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026. Report By

  2. The globalcourier express and parcel market was valued at USD 358 billion in 2019 and is expected to reach USD 520 billion by 2026, expanding at a CAGR of around 6% during the forecast period, 2020–2026. The growth of the market is attributed to increasing FMCG production and cross border trades. Request for sample@https://dataintelo.com/request-sample/?reportId=95763 Courier and parcel refer to delivery of a large items such as shipment and container or small items like envelope and fragile items. The activity involves movement from one destination to other as per the desire of the sender using various means of transport. It involves various modes on the basis of urgency, size and nature of the parcel item and the charges varies as per the same. They involve a security check to assure delivery at right point and the content of the delivery is authorized and legal.

  3. Market Trends, Drivers, Restraints, and Opportunities: • Increasing prevalence of E-commerce chains are driving the growth of the market. • Growth of international trade and increased disposable income are steering the growth of the market. • Development of economic zones, free trade environment and government subsidies are fueling the growth of the market • Last mile pickup and delivery facilities surges the cost of transit which hinders the growth of market and needs alternative solutions. • Advancement in technologies and reshaping of supply chain are expected to foster the growth of the market in the forecasted period.

  4. Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=95763 Competitive Landscape: Major companies in global courier express and parcel market includes A-1 Express Delivery Service Inc, Allied Express Transport Pty Limited, Aramex International LLC, BDP International Inc, CEVA Logistics, The Deutsche Post AG, FedEx Corporation, One World Express Inc. Ltd, and SF Merdd Co Ltd. The market players are involved developing advanced technologies to deliver goods such as drone deliveries to curb their costs and gain traction in global marketplace. The companies are engaging in strategic acquisitions such as product launches, R&D, agreements, and collaborations to gain market share. The companies have developed tracking facilities and specialized packaging techniques for light, fragile and sensitive items for efficient and secured deliveries with effective monitoring and expected time of arrival estimation. Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=95763

  5. Why Choose Us: • We offer industry-leading critical reports with accurate insights into the future of the market. • Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments. • We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency. • The demand and supply dynamics offered in the report give a 360 degree view of the market. • Our report helps readers decipher the current and future constraints in the Courier Express and Parcel Market, and help them formulate optimum business strategies to maximize growth in the market.

  6. About DataIntelo: DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.

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