North America Courier, Express and Parcel Market Introduction and Overview
According to SPER Market Research, the North America Courier, Express and Parcel Market is estimated to reach USD 325.89 billion by 2033 with a CAGR of 9.47%.
The report includes an in-depth analysis of the North America Courier, Express and Parcel Market, including market size and trends, product mix, Applications, and supplier analysis. Courier express and parcel delivery is a complicated and dynamic operation that is deliberately designed to get goods from warehouses to customers' doorsteps as quickly as possible. Customers such as manufacturers, retailers, e-commerce agencies, individuals, and many small and medium-sized organizations are looking for transportation services to get their items from one location to another quickly. Orders are frequently placed via e-commerce platforms or retail stores, resulting in a succession of carefully planned operations. Retailers process orders and manage inventory in strategically placed warehouses to maximize availability for on-time delivery.
- In December 2023: Amazon delivered 1 billion packages from its Same-Day locations in the United States. The same-day delivery facilities are built for swift deliveries, fulfillment, and sorting all from one location, allowing customers to receive their items even faster.
- December 2023: Amazon launches its second same-day delivery facility in Massachusetts, serving certain towns and communities in Central Massachusetts. It is a 200,000-square-foot custom-built site that opened in Westborough. It was part of its strategy to expand same-day delivery in Massachusetts.
- July 2023: DHL Express purchased a location closer to downtown Denver's commercial core for USD 9.6 million. The new DHL Service Point has roughly 56,000 square feet of warehouse and office space, as well as 60 vehicle loading and unloading spots around the conveyable sorting system.
Market Opportunities and Challenges
Opportunities: Rapid urbanization and rising disposable incomes in emerging countries open up significant prospects for the courier, express, and parcel business. As these economies undergo digital transformation and consumer behaviour turns toward online purchasing, the need for CEP services is expected to increase dramatically. CEP companies can take advantage of this trend by extending their presence in emerging markets and providing specialized solutions to match local needs. Strategic collaborations and alliances with local logistics providers can assist overcome infrastructure and regulatory barriers, allowing for easier market entry and expansion in these locations. Furthermore, Rapid technology improvements are a major driver of innovation and efficiency in the CEP business. Automation, artificial intelligence, and big data analytics are transforming logistics operations, enabling better route planning, real-time tracking, and predictive analytics.
Challenges: The growing threat of sharing-based business models is limiting industry expansion. Due to the vast market potential, new companies, including start-ups, are joining the courier, express, and parcel (CEP) industry and offering innovative business models. For example, organizations such as virtual freight forwarders offer competitive rates by bidding on shipments and adding cutting-edge technologies such as robotics, temperature-monitoring sensors, and ICT into their operations. This contrasts with the CEP Market, which is characterized by a lack of digitalization. Furthermore, trucking companies and other industrial suppliers are collaborating with OEMs to create automated truck convoys, creating a competition to the industry. Vertical expansion of major market players, combined with enormous technology and personnel training investments, is revolutionizing the transportation and logistics industry.
Market Competitive Landscape
The market is fragmented; FedEx, DHL, and UPS dominate the North American region, but there is still potential for foreign and local businesses. The market is likely to expand during the forecast period, driven by growth in the region's e-commerce sector and rising last mile delivery segment.
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 Industry
|
| Regions covered | US, Canada, Mexico, Rest of North America |
| Companies Covered | Amazon, Aramex, DHL Group, Dropoff Inc, FedEx, International Distributions Services, OnTrac, Spee Dee Delivery Service Inc, United Parcel Service of America, Inc, USA Couriers, USPS, Yellow Corporation.
|
COVID-19 Impact on North America Courier, Express and Parcel Market
The COVID-19 epidemic had a direct impact on courier, express, and parcel services. Courier, express, and parcel companies play an important role in value chains both within and across international borders, facilitating trade and commerce and assisting businesses in delivering products to clients. As a result, pandemic-related supply chain interruptions had an influence on the courier, express, and package industry's competitiveness, economic growth, and employment loss. However, expansion in the e-commerce sector had a considerable impact on parcel delivery volumes, as projected.
Key Target Audience:
- E-commerce Businesses
- Government Agencies
- Healthcare Providers
- Individuals/Consumers
- Manufacturing Companies
- Retailers
- Small and Medium Enterprises (SMEs)
- Third-party Logistics Providers (3PLs)
Our in-depth analysis of the North America Courier, Express and Parcel Market includes the following segments:
|
By Destination: |
Domestic
International
|
|
By Speed of Delivery: |
Express
Non-Express
|
|
By Model: |
Business-to-Business
Business-to-Consumer
Consumer-to-Consumer
|
|
By Shipment Weight: |
Heavy Weight Shipments
Light Weight Shipments
Medium Weight Shipments
|
|
By Mode of Transport: |
Air
Road
Others
|
|
By End User Industry: |
E-Commerce
Financial Services
Healthcare
Manufacturing
Primary Industry
Wholesale and Retail Trade
Others
|
Key Topics Covered in the Report:
- North America Courier, Express and Parcel Market Size (FY’2024-FY’2033)
- Overview of North America Courier, Express and Parcel Market
- Segmentation of North America Courier, Express and Parcel Market By Destination (Domestic, International)
- Segmentation of North America Courier, Express and Parcel Market By Speed of Delivery (Express, Non-Express)
- Segmentation of North America Courier, Express and Parcel Market By Model (Business-to-Business, Business-to-Consumer, Consumer-to-Consumer)
- Segmentation of North America Courier, Express and Parcel Market By Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments)
- Segmentation of North America Courier, Express and Parcel Market By Mode of Transport (Air, Road, Others)
- Segmentation of North America Courier, Express and Parcel Market By End User Industry (E-Commerce, Financial Services, Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade)
- Statistical Snap of North America Courier, Express and Parcel Market
- Expansion Analysis of North America Courier, Express and Parcel Market
- Problems and Obstacles in North America Courier, Express and Parcel Market
- Competitive Landscape in the North America Courier, Express and Parcel Market
- Impact of COVID-19 and Demonetization on North America Courier, Express and Parcel Market
- Details on Current Investment in North America Courier, Express and Parcel Market
- Competitive Analysis of North America Courier, Express and Parcel Market
- Prominent Players in the North America Courier, Express and Parcel Market
- SWOT Analysis of North America Courier, Express and Parcel Market
- North America 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 North America 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. North America Courier, Express and Parcel Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Courier, Express and Parcel Market
7. North America Courier, Express and Parcel Market, By Destination (USD Million) 2020-2033
7.1. North America Courier, Express and Parcel Market Size, Share and Forecast, By Destination, 2020-2026
7.2. North America Courier, Express and Parcel Market Size, Share and Forecast, By Destination, 2027-2033
7.3. Domestic
7.4. International
8. North America Courier, Express and Parcel Market, By Speed of Delivery (USD Million) 2020-2033
8.1. North America Courier, Express and Parcel Market Size, Share and Forecast, By Speed of Delivery, 2020-2026
8.2. North America Courier, Express and Parcel Market Size, Share and Forecast, By Speed of Delivery, 2027-2033
8.3. Express
8.4. Non-Express
9. North America Courier, Express and Parcel Market, By Model (USD Million) 2020-2033
9.1. North America Courier, Express and Parcel Market Size, Share and Forecast, By Model, 2020-2026
9.2. North America Courier, Express and Parcel Market Size, Share and Forecast, By Model, 2027-2033
9.3. Business-to-Business
9.4. Business-to-Consumer
9.5. Consumer-to-Consumer
10. North America Courier, Express and Parcel Market, By Shipment Weight (USD Million) 2020-2033
10.1. North America Courier, Express and Parcel Market Size, Share and Forecast, By Shipment Weight, 2020-2026
10.2. North America Courier, Express and Parcel Market Size, Share and Forecast, By Shipment Weight, 2027-2033
10.3. Heavy Weight Shipments
10.4. Light Weight Shipments
10.5. Medium Weight Shipments
11. North America Courier, Express and Parcel Market, By Mode of Transport (USD Million) 2020-2033
11.1. North America Courier, Express and Parcel Market Size, Share and Forecast, By Mode of Transport, 2020-2026
11.2. North America Courier, Express and Parcel Market Size, Share and Forecast, By Mode of Transport, 2027-2033
11.3. Air
11.4. Road
11.5. Others
12. North America Courier, Express and Parcel Market, By End User Industry (USD Million) 2020-2033
12.1. North America Courier, Express and Parcel Market Size, Share and Forecast, By End User Industry, 2020-2026
12.2. North America Courier, Express and Parcel Market Size, Share and Forecast, By End User Industry, 2027-2033
12.3. E-Commerce
12.4. Financial Services
12.5. Healthcare
12.6. Manufacturing
12.7. Primary Industry
12.8. Wholesale and Retail Trade
12.9. Others
13. North America Courier, Express and Parcel Market Forecast, 2020-2033 (USD Million)
13.1. North America Courier, Express and Parcel Market Size and Market Share
14. North America Courier, Express and Parcel Market, By Region, 2020-2033 (USD Million)
14.1. North America Courier, Express and Parcel Market Size and Market Share By Region (2020-2026)
14.2. North America Courier, Express and Parcel Market Size and Market Share By Region (2027-2033)
14.3. US
14.4. Canada
14.5. Mexico
14.6. Rest of North America
15. Company Profile
15.1. Amazon
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. DHL Group
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Dropoff Inc
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. FedEx
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. International Distributions Services
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. OnTrac
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Spee Dee Delivery Service Inc
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. United Parcel Service of America, Inc
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. USA Couriers
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. USPS
15.11.1. Company details
15.11.2. Financial outlook
15.11.3. Product summary
15.11.4. Recent developments
15.12. Yellow Corporation
15.12.1. Company details
15.12.2. Financial outlook
15.12.3. Product summary
15.12.4. Recent developments
15.13. Others
16. Conclusion
17. List of Abbreviation
18. Reference Links