Argentina Courier, Express and Parcel Market Growth, Size, Trends, Share and Future Outlook
Argentina Courier, Express and Parcel Market Size- By Destination, By Speed of Delivery, By Model, By Shipment Weight, By Mode of Transport, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| 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.
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.
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 LogÃstica, 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 LogÃstica, 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:
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| By Speed of Delivery: |
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| By Model: |
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| By Shipment Weight: |
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| By Mode of Transport: |
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| By End User: |
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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 report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Argentina Courier, Express, and Parcel Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Argentina Courier, Express, and Parcel Market Manufacturing Base Distribution, Sales Area, Product Type6.2. 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, 2020-20267.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Destination, 2027-20337.3. Domestic7.4. 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, 2020-20268.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Speed of Delivery, 2027-20338.3. Express8.4. 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, 2020-20269.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Model, 2027-20339.3. B2B9.4. B2C9.5. 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, 2020-202610.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Shipment Weight, 2027-203310.3. Heavy Weight Shipments10.4. Light Weight Shipment10.5. 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, 2020-202611.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By Mode of Transport, 2027-203311.3. Domestic11.4. 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, 2020-202612.2. Argentina Courier, Express, and Parcel Market Size, Share and Forecast, By End User, 2027-203312.3. E-Commerce12.4. Financial Services (BFSI)12.5. Healthcare12.6. Manufacturing12.7. Primary Industry12.8. 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 Region14.4. Western Region14.5. Southern Region14.6. Northern Region
15. Company Profile
15.1. Aerobox15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. Aramex15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. Correo Argentino15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. DB Schenker15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. DHL Group15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. DSV A/S (De Sammensluttede Vognmænd af Air and Sea)15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. FedEx15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. International Bonded Couriers Inc.15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9. TASA LogÃstica15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments15.10. United Parcel Service of America, Inc. (UPS)15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments15.11. 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.
Frequently Asked Questions About This Report
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.
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.
Argentina Courier, Express, and Parcel Market CAGR of 6.52% during the forecast period.
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Argentina Courier, Express, and Parcel Market size is USD 2.07 billion from 2024 to 2033.
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.
The Central and South America region is anticipated to have the highest market share 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.
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.
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