Argentina Courier, Express and Parcel Market Growth, Size, Trends, Share and Future Outlook: SPER Market Research

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Published: Jul 2024	Report ID: AMIN24156	Pages: 1 - 104	Formats^*:
Category : Automotive & Transportation

Argentina Courier, Express, and Parcel Market Introduction and Overview

According to SPER Market Research, the Argentina Courier, Express, and Parcel Market is estimated to reach USD 2.07 billion by 2033 with a CAGR 6.52%.

The report includes an in-depth analysis of the Argentina Courier, Express, and Parcel Market, including market size and trends, product mix, distribution channels, and supplier analysis. The delivery of packages, documents, and items in an urgent and timely manner is included in the Emergency Courier, Express, and Parcel (CEP) Market. This market category mostly serves companies and consumers who need quick delivery options, frequently for important things like perishable food, medical supplies, or legal paperwork. In order to satisfy the needs of shipments that must arrive on short notice, emergency CEP services place a high priority on efficiency, dependability, and speed. They provide prompt delivery and transportation choices to a range of locations and sectors.

In April 2023, the Economic Confederation of the Province of Buenos Aires (CEPBA) and the Official Mail of the Argentine Republic inked a cooperation agreement that will establish projects of common interest and foster and distribute operations pertaining to both organizations.

The Catamarcan municipality of Los Varela welcomed Correo Argentino as its newest branch in April 2023.

Argentina Courier, Express, and Parcel Market

Market Opportunities and Challenges

Opportunities: In spite of the nation's inflationary pressures, e-commerce has been a significant driver of the domestic and global CEP industry. With a turnover of USD 511 million in 2022, mercadolibre.com.ar was the biggest player in the Argentinean e-commerce sector. The next largest stores, with USD 207.1 million and USD 198 million, respectively, were adidas.com.ar and fravega.com. In Argentina, the top three online businesses brought in 31.5% of all sales from the top 100. Additionally, Argentina's most popular online product category is beauty products, which drives up demand for CEP. E-commerce is predicted to expand rapidly, with a projected value of USD 12.94 billion by 2027. Furthermore, one of the most important market trends is the increasing integration of last-mile delivery models with parcel, courier, and express firms. This is particularly evident in light of the rise in popularity of e-commerce, which provides delivery services such as last-mile delivery (LMD) and hub-and-spoke models.

Challenges: The growing threat of sharing-based business models is impeding the expansion of the market. Owing to the enormous market potential, startups and other new players are entering the courier, express, and parcel (CEP) industry and offering different business models. For example, businesses that include virtual freight forwarders are bidding on loads and offering competitive prices while integrating contemporary technologies into their operations, such as robotics, temperature-monitoring devices, and ICT. In contrast, the CEP Market is defined by a deficiency in digitalization.

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Market Competitive Landscape

The top five companies have major share of the moderately consolidated courier, express, and parcel (CEP) market in Argentina. United Parcel Service of America, Inc., FedEx, TASA Logística, DHL Group, Correo Argentina, and FedEx are the leading companies in this industry.

Scope of the Report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Destination, By Speed of Delivery, By Model, By Shipment Weight, By Mode of Transport, By End User
Regions covered	Eastern Region, Western Region, Southern Region, Northern Region.
Companies Covered	Aerobox, Aramex, Correo Argentino, DB Schenker, DHL Group, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), FedEx, International Bonded Couriers Inc., TASA Logística, United Parcel Service of America, Inc. (UPS), and others

COVID-19 Impact on Argentina Courier, Express, and Parcel Market

Argentina's Courier, Express, and Parcel (CEP) business faced both possibilities and challenges as a result of the COVID-19 pandemic. At first, businesses stopped operating and consumer spending fell as a result of rigorous lockdown measures and movement restrictions, which decreased demand for courier services overall. Disruptions in global supply chains contributed to this downturn by influencing import and export dynamics that are vital to the CEP industry. But as the pandemic spread, there was a noticeable shift in consumer behaviour toward online purchasing and e-commerce, which increased the need for package delivery services. This change was especially noticeable when companies and people looked for different ways to buy products in spite of continuous limitations.

Key Target Audience:

Businesses,
E-commerce Platforms
Government Agencies
Healthcare Providers
Individuals
Retailers

Our in-depth analysis of the Argentina Courier, Express, and Parcel Market includes the following segments:

By Destination:	Domestic International
By Speed of Delivery:	Express Non-Express
By Model:	B2B B2C C2C
By Shipment Weight:	Heavy Weight Shipments Light Weight Shipment Medium Weight Shipments
By Mode of Transport:	Domestic International
By End User:	E-Commerce Financial Services (BFSI) Healthcare Manufacturing Primary Industry Wholesale and Retail Trade (Offline) Others

Key Topics Covered in the Report:

Argentina Courier, Express, and Parcel Market Size (FY’2024-FY’2033)
Overview of Argentina Courier, Express, and Parcel Market
Segmentation of Argentina Courier, Express, and Parcel Market By Destination (Domestic, International)
Segmentation of Argentina Courier, Express, and Parcel Market By Speed of Delivery (Express, Non-Express)
Segmentation of Argentina Courier, Express, and Parcel Market By Model (B2B, B2C, C2C)
Segmentation of Argentina Courier, Express, and Parcel Market By Shipment Weight (Heavy Weight Shipments, Light Weight Shipment, Medium Weight Shipments)
Segmentation of Argentina Courier, Express, and Parcel Market By Mode of Transport (Domestic, International)
Segmentation of Argentina Courier, Express, and Parcel Market By End User (E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others.)
Expansion Analysis of Argentina Courier, Express, and Parcel Market
Problems and Obstacles in Argentina Courier, Express, and Parcel Market
Competitive Landscape in the Argentina Courier, Express, and Parcel Market
Impact of COVID-19 and Demonetization on Argentina Courier, Express, and Parcel Market
Details on Current Investment in Argentina Courier, Express, and Parcel Market
Competitive Analysis of Argentina Courier, Express, and Parcel Market
Prominent Players in the Argentina Courier, Express, and Parcel Market
SWOT Analysis of Argentina Courier, Express, and Parcel Market
Argentina Courier, Express, and Parcel Market Future Outlook and Projections (FY’2024-FY’2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Argentina Courier, Express, and Parcel Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Argentina Courier, Express, and Parcel Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Argentina Courier, Express, and Parcel Market

7. Argentina Courier, Express, and Parcel Market, By Destination (USD Million) 2020-2033

7.1. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Destination, 2020-2026
7.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Destination, 2027-2033
7.3. Domestic
7.4. International

8. Argentina Courier, Express, and Parcel Market, By Speed of Delivery (USD Million) 2020-2033

8.1. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Speed of Delivery, 2020-2026
8.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Speed of Delivery, 2027-2033
8.3. Express
8.4. Non-Express

9. Argentina Courier, Express, and Parcel Market, By Model (USD Million) 2020-2033

9.1. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Model, 2020-2026
9.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Model, 2027-2033
9.3. B2B
9.4. B2C
9.5. C2C

10. Argentina Courier, Express, and Parcel Market, By Shipment Weight (USD Million) 2020-2033

10.1. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Shipment Weight, 2020-2026
10.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Shipment Weight, 2027-2033
10.3. Heavy Weight Shipments
10.4. Light Weight Shipment
10.5. Medium Weight Shipments

11. Argentina Courier, Express, and Parcel Market, By Mode of Transport (USD Million) 2020-2033

11.1. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Mode of Transport, 2020-2026
11.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Mode of Transport, 2027-2033
11.3. Domestic
11.4. International

12. Argentina Courier, Express, and Parcel Market, By End User (USD Million) 2020-2033

12.1. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By End User, 2020-2026
12.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By End User, 2027-2033
12.3. E-Commerce
12.4. Financial Services (BFSI)
12.5. Healthcare
12.6. Manufacturing
12.7. Primary Industry
12.8. Wholesale and Retail Trade (Offline)
12.9. Others

13. Argentina Courier, Express, and Parcel Market Forecast, 2020-2033 (USD Million)

13.1. Argentina Courier, Express, and Parcel Market Size and Market Share

14. Argentina Courier, Express, and Parcel Market, By Region, 2020-2033 (USD Million)

14.1. Argentina Courier, Express, and Parcel Market Size and Market Share By Region (2020-2026)
14.2. Argentina Courier, Express, and Parcel Market Size and Market Share By Region (2027-2033)
14.3. Eastern Region
14.4. Western Region
14.5. Southern Region
14.6. Northern Region

15. Company Profile

15.1. Aerobox
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Aramex
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Correo Argentino
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. DB Schenker
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. DHL Group
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. FedEx
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. International Bonded Couriers Inc.
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. TASA Logística
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. United Parcel Service of America, Inc. (UPS)
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others

16. Conclusion

17. Reference Links

18. List of Abbreviations

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is Argentina Courier, Express, and Parcel Market?

Argentina Courier, Express, and Parcel Market is projected to reach USD 2.07 billion by 2033, growing at a CAGR of 6.52% during the forecast period.

What is the growth rate of Argentina Courier, Express, and Parcel Market?

Argentina Courier, Express, and Parcel Market grew in market size from 2024. The Market is expected to reach 2.07 billion by 2033, at a CAGR of 6.52% during the forecast period.

What is the anticipated CAGR of Argentina Courier, Express, and Parcel Market during the forecast period?

Argentina Courier, Express, and Parcel Market CAGR of 6.52% during the forecast period.

How can I get a sample report on Argentina Courier, Express, and Parcel Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of Argentina Courier, Express, and Parcel Market?

Argentina Courier, Express, and Parcel Market size is USD 2.07 billion from 2024 to 2033.

Which segment is expected to lead Argentina Courier, Express, and Parcel Market?

Argentina Courier, Express, and Parcel Market Segment is Covered By Destination, By Speed of Delivery, By Model, By Shipment Weight, By Mode of Transport, By End User.

Which region is expected to have the highest market share in Argentina Courier, Express, and Parcel Market?

The Central and South America region is anticipated to have the highest market share in Argentina Courier, Express, and Parcel Market.

Who are the key players in Argentina Courier, Express, and Parcel Market?

The key players in the market include Companies Covered Aerobox, Aramex, Correo Argentino, DB Schenker, DHL Group, DSV A/S (De Sammensluttede Vognmænd af Air and Sea), FedEx, International Bonded Couriers Inc., TASA Logística, United Parcel Service of America, Inc. (UPS), and others.

What is the conclusion of Argentina Courier, Express, and Parcel Market?

In spite of the nation's inflationary pressures, e-commerce has been a significant driver of the domestic and global CEP industry. With a turnover of USD 511 million in 2022, mercadolibre.com.ar was the biggest player in the Argentinean e-commerce sector. The next largest stores, with USD 207.1 million and USD 198 million, respectively, were adidas.com.ar and fravega.com.