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Express Delivery Market to Grow at a CAGR of 6.3% to reach US$ 3,78,233.7 Million from 2020 to 2027

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Express Delivery Market to Grow at a CAGR of 6.3% to reach US$ 3,78,233.7 Million from 2020 to 2027

May 12
23:44 2021
Express Delivery Market Forecast to 2027 – COVID-19 Impact and Global Analysis By Destination (Domestic, International); Business Type (Business-to-Business, Business-to-Consumer); and End-User (BFSI, Automotive, Pharmaceuticals, IT and Telecom, Electronics, Retail and E-commerce, and Others) and Geography

The express delivery market was valued at US$ 2,39,337.5 million in 2019 and is projected to reach US$ 3,78,233.7 million by 2027; it is expected to grow at a CAGR of 6.3% from 2020 to 2027.

Express delivery is the quickest method of shipping. The client pays an additional shipping fee for express delivery as the shipment will be done within 24–72 hours. The key factor driving the express delivery market is the rising adoption of e-commerce among global population. Increase in the adoption of smartphones and high penetration of internet across the world is positively influencing the adoption of e-commerce worldwide. The increasing investment by companies on same-day delivery of consumer goods is the key factors driving the growth of the express delivery market.

The express delivery market is segmented on the basis of destination, business type, end-user, and geography. Based on destination, the market is segmented into domestic and international. The domestic segment is dominating the express delivery market. Based on business type, the market is segmented into Business-to-Business (B2B) and Business-to-Consumer (B2C). The B2B segment is projected to dominate the market during the forecast period. Based on end-user, the market is segmented into BFSI, Automotive, Pharmaceuticals, IT and Telecom, Electronics, Retail and E-commerce, and others. The automotive segment accounted for the largest revenue share in 2019, whereas the retail and e-commerce segment is projected to register the fastest CAGR during the forecast period.

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The latest research report on the “Express Delivery Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the Express Delivery market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Express Delivery market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Express Delivery Market in order to help decision makers with various strategic insights and future outlook. The Express Delivery market is expected to witness continued growth during the forecast period from 2020 to 2027.

This is a professional and in-depth study on the current state of the Express Delivery Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Express Delivery Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

The report focuses on global major leading Express Delivery Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

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  • Highlights key business priorities to assist companies realign their business strategies.
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  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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