Home > Automotive > Automotive Logistics > Freight Logistics > Express and Small Parcel Market

Express and Small Parcel Market Share

Report ID: GMI10739
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

Express and Small Parcel Market Share

FedEx Express, UPS (United Parcel Service), and USPS (United States Postal Service) hold a significant market share of around 14% in the market. These companies invest heavily in research and development, driving innovation in express and small parcel industry. These companies leverage partnerships with e-commerce market players and retailers to expand their market reach. Their strong distribution networks ensure that their express and small parcel delivery services are readily available to consumers across various regions.

By offering a range of products at different price points, these companies make express and small parcel deliveries accessible to a wider audience, including both premium and budget-conscious consumers, thereby expanding the market.

Express and Small Parcel Market Companies

The major players operating in the market are:

DHL Express
DPDgroup
FedEx Express
Hermes (Evri)
Royal Mail
UPS (United Parcel Service)
USPS (United States Postal Service)

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

Market size for express and small parcel was USD 397.2 billion in 2023 and is expected to register over 5% CAGR from 2024-2032 owing to the rapid expansion of online shopping worldwide.

Express and small parcel industry from the road delivery segment held 56% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its flexibility, extensive reach, and cost-effectiveness.

North America industry held 36% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to highly developed logistics infrastructure, strong e-commerce growth, and high consumer demand for quick deliveries in the region.

DHL Express, DPDgroup, FedEx Express, Hermes (Evri), Royal Mail, UPS (United Parcel Service), and USPS (United States Postal Service), are some of the major express and small parcel companies worldwide.