Global Courier Services Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Courier Services Industry Forecast” looks at past sales and reviews total world Courier Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Courier Services sales for 2023 through 2029. With Courier Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Courier Services industry.

This Insight Report provides a comprehensive analysis of the global Courier Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Courier Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Courier Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Courier Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Courier Services.

The global Courier Services market size is projected to grow from US$ 354900 million in 2022 to US$ 560370 million in 2029; it is expected to grow at a CAGR of 6.7% from 2023 to 2029.

Global courier services main players include UPS, FedEx, DHL, China Post, Royal Mail, Aramex, etc., totally accounting for about 87% of the market. China is the largest market, with a share over 35%. As for the types of products, it can be divided into courier, express and parcel. In terms of applications, it is widely used in B2B, B2C and C2C. B2B is the largest application, holding a share over 58%.

This report presents a comprehensive overview, market shares, and growth opportunities of Courier Services market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Courier
    Express
    Parcel

Segmentation by application
    B2B
    B2C
    C2C

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    UPS
    FedEx
    Royal Mail
    DHL
    China Post
    Japan Post Group
    SF Express
    BancoPosta
    YTO Expess
    ZTO Express
    STO Express
    Yunda Express
    Aramex

List of Tables
    Table 1. Courier Services Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Courier
    Table 3. Major Players of Express
    Table 4. Major Players of Parcel
    Table 5. Courier Services Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 6. Global Courier Services Market Size by Type (2018-2023) & ($ Millions)
    Table 7. Global Courier Services Market Size Market Share by Type (2018-2023)
    Table 8. Courier Services Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 9. Global Courier Services Market Size by Application (2018-2023) & ($ Millions)
    Table 10. Global Courier Services Market Size Market Share by Application (2018-2023)
    Table 11. Global Courier Services Revenue by Players (2018-2023) & ($ Millions)
    Table 12. Global Courier Services Revenue Market Share by Player (2018-2023)
    Table 13. Courier Services Key Players Head office and Products Offered
    Table 14. Courier Services Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 15. New Products and Potential Entrants
    Table 16. Mergers & Acquisitions, Expansion
    Table 17. Global Courier Services Market Size by Regions 2018-2023 & ($ Millions)
    Table 18. Global Courier Services Market Size Market Share by Regions (2018-2023)
    Table 19. Global Courier Services Revenue by Country/Region (2018-2023) & ($ millions)
    Table 20. Global Courier Services Revenue Market Share by Country/Region (2018-2023)
    Table 21. Americas Courier Services Market Size by Country (2018-2023) & ($ Millions)
    Table 22. Americas Courier Services Market Size Market Share by Country (2018-2023)
    Table 23. Americas Courier Services Market Size by Type (2018-2023) & ($ Millions)
    Table 24. Americas Courier Services Market Size Market Share by Type (2018-2023)
    Table 25. Americas Courier Services Market Size by Application (2018-2023) & ($ Millions)
    Table 26. Americas Courier Services Market Size Market Share by Application (2018-2023)
    Table 27. APAC Courier Services Market Size by Region (2018-2023) & ($ Millions)
    Table 28. APAC Courier Services Market Size Market Share by Region (2018-2023)
    Table 29. APAC Courier Services Market Size by Type (2018-2023) & ($ Millions)
    Table 30. APAC Courier Services Market Size Market Share by Type (2018-2023)
    Table 31. APAC Courier Services Market Size by Application (2018-2023) & ($ Millions)
    Table 32. APAC Courier Services Market Size Market Share by Application (2018-2023)
    Table 33. Europe Courier Services Market Size by Country (2018-2023) & ($ Millions)
    Table 34. Europe Courier Services Market Size Market Share by Country (2018-2023)
    Table 35. Europe Courier Services Market Size by Type (2018-2023) & ($ Millions)
    Table 36. Europe Courier Services Market Size Market Share by Type (2018-2023)
    Table 37. Europe Courier Services Market Size by Application (2018-2023) & ($ Millions)
    Table 38. Europe Courier Services Market Size Market Share by Application (2018-2023)
    Table 39. Middle East & Africa Courier Services Market Size by Region (2018-2023) & ($ Millions)
    Table 40. Middle East & Africa Courier Services Market Size Market Share by Region (2018-2023)
    Table 41. Middle East & Africa Courier Services Market Size by Type (2018-2023) & ($ Millions)
    Table 42. Middle East & Africa Courier Services Market Size Market Share by Type (2018-2023)
    Table 43. Middle East & Africa Courier Services Market Size by Application (2018-2023) & ($ Millions)
    Table 44. Middle East & Africa Courier Services Market Size Market Share by Application (2018-2023)
    Table 45. Key Market Drivers & Growth Opportunities of Courier Services
    Table 46. Key Market Challenges & Risks of Courier Services
    Table 47. Key Industry Trends of Courier Services
    Table 48. Global Courier Services Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 49. Global Courier Services Market Size Market Share Forecast by Regions (2024-2029)
    Table 50. Global Courier Services Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 51. Global Courier Services Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 52. UPS Details, Company Type, Courier Services Area Served and Its Competitors
    Table 53. UPS Courier Services Product Offered
    Table 54. UPS Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 55. UPS Main Business
    Table 56. UPS Latest Developments
    Table 57. FedEx Details, Company Type, Courier Services Area Served and Its Competitors
    Table 58. FedEx Courier Services Product Offered
    Table 59. FedEx Main Business
    Table 60. FedEx Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 61. FedEx Latest Developments
    Table 62. Royal Mail Details, Company Type, Courier Services Area Served and Its Competitors
    Table 63. Royal Mail Courier Services Product Offered
    Table 64. Royal Mail Main Business
    Table 65. Royal Mail Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 66. Royal Mail Latest Developments
    Table 67. DHL Details, Company Type, Courier Services Area Served and Its Competitors
    Table 68. DHL Courier Services Product Offered
    Table 69. DHL Main Business
    Table 70. DHL Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 71. DHL Latest Developments
    Table 72. China Post Details, Company Type, Courier Services Area Served and Its Competitors
    Table 73. China Post Courier Services Product Offered
    Table 74. China Post Main Business
    Table 75. China Post Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 76. China Post Latest Developments
    Table 77. Japan Post Group Details, Company Type, Courier Services Area Served and Its Competitors
    Table 78. Japan Post Group Courier Services Product Offered
    Table 79. Japan Post Group Main Business
    Table 80. Japan Post Group Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 81. Japan Post Group Latest Developments
    Table 82. SF Express Details, Company Type, Courier Services Area Served and Its Competitors
    Table 83. SF Express Courier Services Product Offered
    Table 84. SF Express Main Business
    Table 85. SF Express Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 86. SF Express Latest Developments
    Table 87. BancoPosta Details, Company Type, Courier Services Area Served and Its Competitors
    Table 88. BancoPosta Courier Services Product Offered
    Table 89. BancoPosta Main Business
    Table 90. BancoPosta Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 91. BancoPosta Latest Developments
    Table 92. YTO Expess Details, Company Type, Courier Services Area Served and Its Competitors
    Table 93. YTO Expess Courier Services Product Offered
    Table 94. YTO Expess Main Business
    Table 95. YTO Expess Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 96. YTO Expess Latest Developments
    Table 97. ZTO Express Details, Company Type, Courier Services Area Served and Its Competitors
    Table 98. ZTO Express Courier Services Product Offered
    Table 99. ZTO Express Main Business
    Table 100. ZTO Express Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 101. ZTO Express Latest Developments
    Table 102. STO Express Details, Company Type, Courier Services Area Served and Its Competitors
    Table 103. STO Express Courier Services Product Offered
    Table 104. STO Express Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 105. STO Express Main Business
    Table 106. STO Express Latest Developments
    Table 107. Yunda Express Details, Company Type, Courier Services Area Served and Its Competitors
    Table 108. Yunda Express Courier Services Product Offered
    Table 109. Yunda Express Main Business
    Table 110. Yunda Express Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 111. Yunda Express Latest Developments
    Table 112. Aramex Details, Company Type, Courier Services Area Served and Its Competitors
    Table 113. Aramex Courier Services Product Offered
    Table 114. Aramex Main Business
    Table 115. Aramex Courier Services Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 116. Aramex Latest Developments
List of Figures
    Figure 1. Courier Services Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Courier Services Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Courier Services Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Courier Services Sales Market Share by Country/Region (2022)
    Figure 8. Courier Services Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Courier Services Market Size Market Share by Type in 2022
    Figure 10. Courier Services in B2B
    Figure 11. Global Courier Services Market: B2B (2018-2023) & ($ Millions)
    Figure 12. Courier Services in B2C
    Figure 13. Global Courier Services Market: B2C (2018-2023) & ($ Millions)
    Figure 14. Courier Services in C2C
    Figure 15. Global Courier Services Market: C2C (2018-2023) & ($ Millions)
    Figure 16. Global Courier Services Market Size Market Share by Application in 2022
    Figure 17. Global Courier Services Revenue Market Share by Player in 2022
    Figure 18. Global Courier Services Market Size Market Share by Regions (2018-2023)
    Figure 19. Americas Courier Services Market Size 2018-2023 ($ Millions)
    Figure 20. APAC Courier Services Market Size 2018-2023 ($ Millions)
    Figure 21. Europe Courier Services Market Size 2018-2023 ($ Millions)
    Figure 22. Middle East & Africa Courier Services Market Size 2018-2023 ($ Millions)
    Figure 23. Americas Courier Services Value Market Share by Country in 2022
    Figure 24. United States Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Canada Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 26. Mexico Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Brazil Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 28. APAC Courier Services Market Size Market Share by Region in 2022
    Figure 29. APAC Courier Services Market Size Market Share by Type in 2022
    Figure 30. APAC Courier Services Market Size Market Share by Application in 2022
    Figure 31. China Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Japan Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 33. Korea Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Southeast Asia Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 35. India Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Australia Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 37. Europe Courier Services Market Size Market Share by Country in 2022
    Figure 38. Europe Courier Services Market Size Market Share by Type (2018-2023)
    Figure 39. Europe Courier Services Market Size Market Share by Application (2018-2023)
    Figure 40. Germany Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 41. France Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 42. UK Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Italy Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 44. Russia Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Middle East & Africa Courier Services Market Size Market Share by Region (2018-2023)
    Figure 46. Middle East & Africa Courier Services Market Size Market Share by Type (2018-2023)
    Figure 47. Middle East & Africa Courier Services Market Size Market Share by Application (2018-2023)
    Figure 48. Egypt Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 49. South Africa Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 50. Israel Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Turkey Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 52. GCC Country Courier Services Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Americas Courier Services Market Size 2024-2029 ($ Millions)
    Figure 54. APAC Courier Services Market Size 2024-2029 ($ Millions)
    Figure 55. Europe Courier Services Market Size 2024-2029 ($ Millions)
    Figure 56. Middle East & Africa Courier Services Market Size 2024-2029 ($ Millions)
    Figure 57. United States Courier Services Market Size 2024-2029 ($ Millions)
    Figure 58. Canada Courier Services Market Size 2024-2029 ($ Millions)
    Figure 59. Mexico Courier Services Market Size 2024-2029 ($ Millions)
    Figure 60. Brazil Courier Services Market Size 2024-2029 ($ Millions)
    Figure 61. China Courier Services Market Size 2024-2029 ($ Millions)
    Figure 62. Japan Courier Services Market Size 2024-2029 ($ Millions)
    Figure 63. Korea Courier Services Market Size 2024-2029 ($ Millions)
    Figure 64. Southeast Asia Courier Services Market Size 2024-2029 ($ Millions)
    Figure 65. India Courier Services Market Size 2024-2029 ($ Millions)
    Figure 66. Australia Courier Services Market Size 2024-2029 ($ Millions)
    Figure 67. Germany Courier Services Market Size 2024-2029 ($ Millions)
    Figure 68. France Courier Services Market Size 2024-2029 ($ Millions)
    Figure 69. UK Courier Services Market Size 2024-2029 ($ Millions)
    Figure 70. Italy Courier Services Market Size 2024-2029 ($ Millions)
    Figure 71. Russia Courier Services Market Size 2024-2029 ($ Millions)
    Figure 72. Spain Courier Services Market Size 2024-2029 ($ Millions)
    Figure 73. Egypt Courier Services Market Size 2024-2029 ($ Millions)
    Figure 74. South Africa Courier Services Market Size 2024-2029 ($ Millions)
    Figure 75. Israel Courier Services Market Size 2024-2029 ($ Millions)
    Figure 76. Turkey Courier Services Market Size 2024-2029 ($ Millions)
    Figure 77. GCC Countries Courier Services Market Size 2024-2029 ($ Millions)
    Figure 78. Global Courier Services Market Size Market Share Forecast by Type (2024-2029)
    Figure 79. Global Courier Services Market Size Market Share Forecast by Application (2024-2029)

UPS
FedEx
Royal Mail
DHL
China Post
Japan Post Group
SF Express
BancoPosta
YTO Expess
ZTO Express
STO Express
Yunda Express
Aramex

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape