United States Courier, Express and Parcel (CEP) Market Introduction and Overview
According to SPER Market Research, the United States Courier, Express and Parcel (CEP) Market is estimated to reach USD 291.63 billion by 2033 with a CAGR of 5.06%.
The report includes an in-depth analysis of the United States Courier, Express and Parcel (CEP) Market, including market size and trends, product mix, distribution channels, and supplier analysis. Services for courier, express, and parcel delivery (CEP) transport packages and papers to a wide range of clients, including businesses, government organizations, and retail establishments. It entails the transportation of diverse commodities and products across geographical boundaries via a variety of media, including land, sea, and air. When delivering non-palletized parcels, the service provider sets a fee that varies according to the weight and urgency of the shipment. Due to their cost-effectiveness, safe delivery alternatives, and package tracking services, courier, express, and parcel (CEP) service providers are currently becoming more and more popular worldwide.
- December 2023: One billion packages have been delivered by Amazon from US Same-Day locations. Delivering customer packages even faster is made possible by the same-day delivery facilities' swift deliveries, fulfillment, and sorting capabilities all from one location.
- DHL Express purchased a facility in downtown Denver that is nearer to the business district. Along with 60 spots for cars to load and unload shipments around its conveyable sorting system, the new DHL Service Point boasts roughly 56,000 square feet of mixed warehouse and office space.
Market Opportunities and Challenges
Opportunities: The growth of the courier, express, and parcel markets is further enhanced by factors like the expansion of trade agreements, the growth of the e-commerce sector, and the growing demand for expedited package delivery.
In addition, the US Department of Transportation revealed the Maritime Administration's Port Infrastructure Development Program, which secured approximately USD 703 million for the purpose of supporting 41 projects throughout 22 states and a territory. Increasing the capacity of port facilities is the main objective of these programs. The monies that have been given have the potential to improve supply chain reliability through the expansion of port capacity and durability, streamlining of operating procedures, mitigation of emissions that originate from ports, and creation of new employment opportunities in coastal seaports, Great Lakes ports, and inland river ports
Challenges: The expansion of the courier, express, and parcel markets is anticipated to be hampered, nevertheless, by reasons such as inadequate infrastructure, increased logistics costs, and a lack of manufacturer control over logistics services. Furthermore, the increasing demand for accelerated shipping and the growth of e-commerce have created a significant barrier to offering cost-effective delivery choices at quicker speeds. This need means that in order to maximize logistical networks and expedite operations, constant investments in infrastructure and technology are required.
Market Competitive Landscape
The top five companies hold 74.78% of the US courier, express, and parcel (CEP) market, which is fairly consolidated. The market leaders include United Parcel Service of America, Inc. (UPS), DHL Group, FedEx, OnTrac, and USPS (listed in alphabetical order).
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, Northern Region, Southern Region
|
Companies Covered | Amazon, Aramex, DHL, Dropoff Inc., FedEx, International Distributions Services, OnTrac, Spee Dee Delivery Service Inc., United Parcel Service of America, Inc., USA Couriers, USPS, Others
|
COVID-19 Impact on United States Courier, Express and Parcel (CEP) Market
The United States Courier, Express, and Parcel (CEP) market has been greatly affected by the COVID-19 pandemic, bringing with it both opportunities and challenges. Due to restrictions and lockdowns that have affected brick and mortar stores, internet purchasing has increased dramatically, which has resulted in a significant rise in the volume of packages sent. Due to the burden this increase in demand has placed on delivery networks, several providers have experienced delays and service disruptions. Furthermore, the logistics operations have become more complex due to the introduction of safety regulations like contactless delivery and social distancing, necessitating technological investments and modifications from CEP firms.
Key Target Audience:
- E-commerce Retailers
- Brick-and-Mortar Retailers Transitioning to E-commerce
- Small and Medium-sized Businesses (SMBs)
- Large Corporations with Supply Chain Needs
- Consumers Seeking Expedited Delivery Options
- Logistics and Transportation Companies
Our in-depth analysis of the United States Courier, Express and Parcel (CEP) 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 Shipments
Medium Weight Shipments
|
By End User: |
E-Commerce
Financial Services
Healthcare
Manufacturing
Primary Industry
Wholesale and Retail Trade
Others
|
By Mode of Transport: |
Air
Road
Others
|
Key Topics Covered in the Report:
- United States Courier, Express and Parcel (CEP) Market Size (FY’2024-FY’2033)
- Overview of United States Courier, Express and Parcel (CEP) Market
- Segmentation of United States Courier, Express and Parcel (CEP) Market By Destination (Domestic, International)
- Segmentation of United States Courier, Express and Parcel (CEP) Market By Speed of Delivery (Express, Non-Express)
- Segmentation of United States Courier, Express and Parcel (CEP) Market By Model (B2B, B2C, C2C)
- Segmentation of United States Courier, Express and Parcel (CEP) Market By Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments)
- Segmentation of United States Courier, Express and Parcel (CEP) Market By Mode of Transport (B2B, B2C, C2C)
- Segmentation of United States Courier, Express and Parcel (CEP) Market By End User (E-Commerce, Financial Services, Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade, Others)
- Expansion Analysis of United States Courier, Express and Parcel (CEP) Market
- Problems and Obstacles in United States Courier, Express and Parcel (CEP) Market
- Competitive Landscape in the United States Courier, Express and Parcel (CEP) Market
- Impact of COVID-19 and Demonetization on United States Courier, Express and Parcel (CEP) Market
- Details on Current Investment in United States Courier, Express and Parcel (CEP) Market
- Competitive Analysis of United States Courier, Express and Parcel (CEP) Market
- Prominent Players in the United States Courier, Express and Parcel (CEP) Market
- SWOT Analysis of United States Courier, Express and Parcel (CEP) Market
- United States 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 United States 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. United States Courier, Express and Parcel (CEP) Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Courier, Express and Parcel (CEP) Market
7. United States Courier, Express and Parcel (CEP) Market, By Destination (USD Million)
7.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Destination, 2024-2033
7.2. Domestic
7.3. International
8. United States Courier, Express and Parcel (CEP) Market, By Speed of Delivery (USD Million)
8.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Speed of Delivery, 2024-2033
8.2. Express
8.3. Non-Express
9. United States Courier, Express and Parcel (CEP) Market, By Model (USD Million)
9.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Model, 2024-2033
9.2. B2B
9.3. B2C
9.4. C2C
10. United States Courier, Express and Parcel (CEP) Market, By Shipment Weight (USD Million)
10.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Shipment Weight, 2024-2033
10.2. Heavy Weight Shipments
10.3. Light Weight Shipments
10.4. Medium Weight Shipments
11. United States Courier, Express and Parcel (CEP) Market, By Mode of Transport (USD Million)
11.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Mode of Transport, 2024-2033
11.2. Air
11.3. Road
11.4. Others
12. United States Courier, Express and Parcel (CEP) Market, By End User (USD Million)
12.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By End User, 2024-2033
12.2. E-Commerce
12.3. Financial Services
12.4. Healthcare
12.5. Manufacturing
12.6. Primary Industry
12.7. Wholesale and Retail Trade
12.8. Others
13. United States Courier, Express and Parcel (CEP) Market Forecast, 2020-2033 (USD Million)
13.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share
14. United States Courier, Express and Parcel (CEP) Market, By Destination, 2020-2033 (USD Million)
14.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Destination (2020-2026)
14.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Destination (2027-2033)
15. United States Courier, Express and Parcel (CEP) Market, By Speed of Delivery, 2020-2033 (USD Million)
15.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Speed of Delivery (2020-2026)
15.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Speed of Delivery (2027-2033)
16. United States Courier, Express and Parcel (CEP) Market, By Model, 2020-2033 (USD Million)
16.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Model (2020-2026)
16.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Model (2027-2033)
17. United States Courier, Express and Parcel (CEP) Market, By Shipment Weight, 2020-2033 (USD Million)
17.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Shipment Weight (2020-2026)
17.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Shipment Weight (2027-2033)
18. United States Courier, Express and Parcel (CEP) Market, By Mode of Transport, 2020-2033 (USD Million)
18.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Mode of Transport (2020-2026)
18.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Mode of Transport (2027-2033)
19. United States Courier, Express and Parcel (CEP) Market, By End User, 2020-2033 (USD Million)
19.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By End User (2020-2026)
19.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By End User (2027-2033)
20. United States Courier, Express and Parcel (CEP) Market, By Region, 2019-2033 (USD Million)
20.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Region (2020-2026)
20.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Region (2027-2033)
20.3. Eastern Region
20.4. Western Region
20.5. Northern Region
20.6. Southern Region
21. Company Profile
21.1. Amazon
21.1.1. Company details
21.1.2. Financial outlook
21.1.3. Product summary
21.1.4. Recent developments
21.2. Aramex
21.2.1. Company details
21.2.2. Financial outlook
21.2.3. Product summary
21.2.4. Recent developments
21.3. DHL
21.3.1. Company details
21.3.2. Financial outlook
21.3.3. Product summary
21.3.4. Recent developments
21.4. Dropoff Inc.
21.4.1. Company details
21.4.2. Financial outlook
21.4.3. Product summary
21.4.4. Recent developments
21.5. FedEx
21.5.1. Company details
21.5.2. Financial outlook
21.5.3. Product summary
21.5.4. Recent developments
21.6. International Distributions Services
21.6.1. Company details
21.6.2. Financial outlook
21.6.3. Product summary
21.6.4. Recent developments
21.7. OnTrac
21.7.1. Company details
21.7.2. Financial outlook
21.7.3. Product summary
21.7.4. Recent developments
21.8. Spee Dee Delivery Service Inc.
21.8.1. Company details
21.8.2. Financial outlook
21.8.3. Product summary
21.8.4. Recent developments
21.9. United Parcel Service of America, Inc.
21.9.1. Company details
21.9.2. Financial outlook
21.9.3. Product summary
21.9.4. Recent developments
21.10. USA Couriers
21.10.1. Company details
21.10.2. Financial outlook
21.10.3. Product summary
21.10.4. Recent developments
21.11. USPS
21.11.1. Company details
21.11.2. Financial outlook
21.11.3. Product summary
21.11.4. Recent developments
21.12. Others
22. List of Abbreviations
23. Reference Links
24. Conclusion
25. Research Scope