Dublin, June 09, 2021 (GLOBE NEWSWIRE) -- The "Global Express Delivery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
Growth in the global express markets has been driven by strong domestic e-commerce sales. Domestic markets have been growing more quickly than international markets in most regions, but the gap is narrowing significantly in some regions. The gap in the domestic and international market is smaller in North America and Europe. In Europe, this is primarily due to the interconnectedness of the market and the lower barriers to international trade.
Domestic markets have proved capable of seizing on the opportunities that e-commerce brings. A number of issues remain for the international market: there are higher cost and delivery time associated with international parcels. Cross-border e-commerce is boosting the international express market, particularly prevalent in regions with high cross-border e-commerce volumes, such as the Asia Pacific and Europe.
Major players operating in the express delivery services have changed their business models with deeper engagement in customer relationship in order to provide a varied range of value-added services in domestic, cross border, and inter-regional trades. These include sorting and grading of products, packaging, picking, order processing through storage, management information systems (MIS), analytics services in mobile tracking applications, logistics supply chain, online tracking of parcels, e-mail alerts and SMS, and hub-to-spoke collection centers.
Key Market Trends
Growing E-commerce sector
Asia-Pacific and North America lead the regional totals for both retail and retail eCommerce sales. As reported in June 2020, Asia-Pacific accounts for 42.3%, North America 22.9%, and Western Europe makes up 16.2% of retail sales worldwide. For eCommerce, China's dominance means that 62.6% of all digital sales in Asia-Pacific.
E-commerce continues to radically reshape how both B2C (business-to-consumer) and B2B (business-to-business) companies serve their customers. UPS (an American multinational package delivery and supply chain management company) estimated that global e-commerce sales will hit more than USD 6.7 trillion in 2025.
FedEx (an American multinational delivery services company) constantly tests and develops solutions to meet shipper needs as online platforms mature and customer demands such as how and when they want their goods delivered change. For Example, FedEx Extra Hours program and the FedEx Sameday Bot, an autonomous urban delivery vehicle.
Asia Pacific to hold a significant share of the Global Express Delivery Market
The Asia Pacific continues to cement its position as one of the world's most important regions for express parcels. SingPost, Japan Post, and Australia Post are all investing heavily to expand their operations in the region. In addition, a raft of Chinese operators is seeking stock market listings in order to raise capital to grow.
The Asia Pacific is anticipated to be one of the largest express delivery markets due to the rise in e-commerce across China, India, etc. It is also expected to be the fastest-growing market during the forecast period.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain/Supply Chain Analysis
4.5 Porters Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Government Regulations and Initiatives
4.7 Technological Trends in Industry
4.8 Insights on the E-commerce Industry (Domestic and Cross-border E-commerce)
4.9 Impact of COVID-19 on the Market (short- and longterm effects on the market and economies in the region)
5 MARKET SEGMENTATION
5.1 By Business
5.1.1 B2B (Business-to-Business)
5.1.2 B2C (Business-to-Consumer)
5.2 By Destination
5.3 By End User
5.3.1 Services (BFSI (Banking, Financial Services and Insurance))
5.3.2 Wholesale and Retail Trade (E-commerce)
5.3.3 Manufacturing, Construction, and Utilities
5.3.4 Primary Industries (Agriculture, and Other Natural Resources)
5.4.1 North America
220.127.116.11 United Kingdom
18.104.22.168 Rest of Europe
5.4.3 Asia Pacific
22.214.171.124 South Korea
126.96.36.199 Rest of Asia Pacific
5.4.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Overview (Market Concentration and Major Players)
6.2 Company Profiles
6.2.1 Deutsche Post DHL Group
6.2.2 United Parcel Service Inc.
6.2.3 FedEx Corporation
6.2.4 SF Express (Group) Co. Ltd
6.2.6 Nippon Express
6.2.7 Yamato Holdings Co. Ltd
6.2.8 Aramex PJSC
6.2.9 A-1 Express Delivery Service Inc
6.2.10 Hermes Europe GmbH
6.2.11 GO! Express & Logistics
6.2.12 Allied Express Transport Pty*
6.3 Other Companies (key information/overview)
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/fxk736
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