Saudi Arabia Courier, Express and Parcel (CEP) Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Courier, Express and Parcel (CEP) Market is estimated to reach USD 2.30 billion by 2033 with a CAGR of 7.01%.
Courier Express and Parcel (CEP) services are an important area of the logistics and transportation industry, specialising in the timely and dependable delivery of documents, parcels and goods. This industry is differentiated by its emphasis on fast, door-to-door delivery solutions that meet both commercial and individual needs. Courier Express and Parcel (CEP) services are critical for handling urgent and time-sensitive items including medical supplies, legal documents, and perishable commodities. These services are intended to ensure that vital goods get at their destinations on time, frequently within the same day or the next, through expedited processing and transportation.
- In March 2023, UPS and Google Cloud announced a cooperation. Under the terms of the agreement, Google will assist UPS with package tracking by placing radio-frequency identification chips on packages.
- In March 2023, Starlinks made an exciting announcement about a new relationship with SPAN Group. This cooperation aims to implement the newest technology and equipment in Starlinks' new warehouse, maximising its possibilities and boosting productivity.
Market Opportunities and Challenges
Opportunities-
- Emerging markets: Rapid urbanisation and rising disposable incomes in emerging nations create enormous prospects for the courier, express, and parcel industry. As these economies undergo digital transformation and consumer behaviour turns towards 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 specialised solutions to match local needs. Strategic collaborations and alliances with local logistics providers can assist overcome infrastructural and regulatory barriers to market entry and expansion.
Challenges-
- Regulatory Difficulties: Significant regulatory obstacles plague the courier, express, and parcel industry, especially when it comes to cross-border operations. Complicated trade laws, import/export laws, and customs requirements can raise entrance barriers and operational expenses for CEP businesses. Smaller market companies face difficulties when it comes to meeting the criteria of different regulations, which frequently call for significant resources and experience. Strict documentation requirements and security procedures may also cause delays and disruptions in overseas shipments, which may reduce the overall effectiveness of CEP services.
Market Competitive Landscape
The Saudi Arabia courier, express, and parcel (CEP) market is fragmented, with the top five players accounting for 25.65%. The key participants in this market are Abdul Latif Jameel IPR Company Limited, Aramex, DHL Group, Flow Progressive Logistics, and Saudi Post-SPL (which includes Naqel Express).
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 Business, By Mode of Transportation, By End Use
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| Regions covered | Northern and Central Region, Western Region, Eastern Region, Southern Region.
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| Companies Covered | FedEx Corporation, Deutsche Post AG, UPS Express Private Limited, The Aramex Group, SMSA Express Transportation Company Ltd, Saudi Post Corporation, NAQEL Company, Zajil Expres, Alma Express, Abdul Latif Jameel IPR Company Limited.
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COVID-19 Impact on Saudi Arabia Courier, Express and Parcel (CEP) Market
The CEP market experienced a boom as a result of the COVID-19 epidemic, as e-commerce demand rose. As regulations were loosened in 2021, Saudi Arabia's economy expanded across the board, propelling the expansion of CEP throughout the nation. The expansion of the market is largely being driven by e-commerce. Being one of the main online commerce markets in the Middle East, the nation boasts excellent infrastructure, a youthful workforce, and higher connectivity rates. It is anticipated that in the future, "Pick-Up and Drop-Off" (PUDO) collecting locations will become more well-known. Nowadays, 15% to 20% of online orders are picked up from a physical site run by courier services or affiliates.
Key Target Audience
- E-commerce Companies
- Retail Chains
- Private Consumers
- Small and Medium Enterprises (SMEs)
- Multinational Corporations
- Healthcare Providers
- Government Entities
- Logistics and Supply Chain Companies
- Event Management Firms
- Educational Institutions
Our in-depth analysis of the Saudi Arabia Courier, Express and Parcel (CEP) Market includes the following segments:
| By Destination: | DomesticInternational |
| By Business: | B2B (Business-to-Business)B2C (Business-to-Consumer)C2C (Customer-to-Customer) |
| By Mode of Transportation: | RailwaysAirwaysRoadwaysWaterways |
| By End Use: | ServicesWholesale and Retail TradeIndustrial ManufacturingLife Sciences and HealthcareOthers |
Key Topics Covered in the Report
- Saudi Arabia Courier, Express and Parcel (CEP) Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Courier, Express and Parcel (CEP) Market
- Segmentation of Saudi Arabia Courier, Express and Parcel (CEP) Market By Destination (Domestic, International)
- Segmentation of Saudi Arabia Courier, Express and Parcel (CEP) Market By Business {B2B (Business-to-Business), B2C (Business-to-Consumer), C2C (Customer-to-Customer)}
- Segmentation of Saudi Arabia Courier, Express and Parcel (CEP) Market By Mode of Transportation (Railways, Airways, Roadways, Waterways)
- Segmentation of Saudi Arabia Courier, Express and Parcel (CEP) Market By End Use (Services, Wholesale and Retail Trade, Industrial Manufacturing, Life Sciences and Healthcare, Others)
- Statistical Snap of Saudi Arabia Courier, Express and Parcel (CEP) Market
- Expansion Analysis of Saudi Arabia Courier, Express and Parcel (CEP) Market
- Problems and Obstacles in Saudi Arabia Courier, Express and Parcel (CEP) Market
- Competitive Landscape in the Saudi Arabia Courier, Express and Parcel (CEP) Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Courier, Express and Parcel (CEP) Market
- Details on Current Investment in Saudi Arabia Courier, Express and Parcel (CEP) Market
- Competitive Analysis of Saudi Arabia Courier, Express and Parcel (CEP) Market
- Prominent Players in the Saudi Arabia Courier, Express and Parcel (CEP) Market
- SWOT Analysis of Saudi Arabia Courier, Express and Parcel (CEP) Market
- Saudi Arabia Courier, Express and Parcel (CEP) 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 Saudi Arabia Courier, Express and Parcel (CEP) 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. Saudi Arabia Courier, Express and Parcel (CEP) Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Courier, Express and Parcel (CEP) Market
7. Saudi Arabia Courier, Express and Parcel (CEP) Market, By Destination (USD Million) 2020-2033
7.1. Saudi Arabia Courier, Express and Parcel (CEP) Market Size, Share and Forecast, By Destination, 2020-2026
7.2. Saudi Arabia Courier, Express and Parcel (CEP) Market Size, Share and Forecast, By Destination, 2027-2033
7.3. Domestic
7.4. International
8. Saudi Arabia Courier, Express and Parcel (CEP) Market, By Business (USD Million) 2020-2033
8.1. Saudi Arabia Courier, Express and Parcel (CEP) Market Size, Share and Forecast, By Business, 2020-2026
8.2. Saudi Arabia Courier, Express and Parcel (CEP) Market Size, Share and Forecast, By Business, 2027-2033
8.3. B2B (Business-to-Business)
8.4. B2C (Business-to-Consumer)
8.5. C2C (Customer-to-Customer)
9. Saudi Arabia Courier, Express and Parcel (CEP) Market, By Mode of Transportation (USD Million) 2020-2033
9.1. Saudi Arabia Courier, Express and Parcel (CEP) Market Size, Share and Forecast, By Mode of Transportation, 2020-2026
9.2. Saudi Arabia Courier, Express and Parcel (CEP) Market Size, Share and Forecast, By Mode of Transportation, 2027-2033
9.3. Railways
9.4. Airways
9.5. Roadways
9.6. Waterways
10. Saudi Arabia Courier, Express and Parcel (CEP) Market, By End Use (USD Million) 2020-2033
10.1. Saudi Arabia Courier, Express and Parcel (CEP) Market Size, Share and Forecast, By End Use, 2020-2026
10.2. Saudi Arabia Courier, Express and Parcel (CEP) Market Size, Share and Forecast, By End Use, 2027-2033
10.3. Services
10.4. Wholesale and Retail Trade
10.5. Industrial Manufacturing
10.6. Life Sciences and Healthcare
10.7. Others
11. Saudi Arabia Courier, Express and Parcel (CEP) Market Forecast, 2020-2033 (USD Million)
11.1. Saudi Arabia Courier, Express and Parcel (CEP) Market Size and Market Share
12. Saudi Arabia Courier, Express and Parcel (CEP) Market, By Region, 2020-2033 (USD Million)
12.1. Saudi Arabia Courier, Express and Parcel (CEP) Market Size and Market Share By Region (2020-2026)
12.2. Saudi Arabia Courier, Express and Parcel (CEP) Market Size and Market Share By Region (2027-2033)
12.3. Northern and Central Region
12.4. Western Region
12.5. Eastern Region
12.6. Southern Region.
12.7. Rest of Saudi Arabia
13. Company Profile
13.1. FedEx Corporation
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Deutsche Post AG
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. UPS Express Private Limited
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. The Aramex Group
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. SMSA Express Transportation Company Ltd
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Saudi Post Corporation
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. NAQEL Company
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Zajil Expres
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Alma Express
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Abdul Latif Jameel IPR Company Limited
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links