Question 1

How big is the express delivery market?

Accepted Answer

The market size of express delivery reached USD 319.2 billion in 2023 and is set to witness 6% CAGR between 2024 and 2032, attributed to the rising regional increase in express deliveries.

Question 2

Why is the demand for B2C express delivery growing?

Accepted Answer

The B2C segment accounted for a share of 65% in 2023 and is expected to reach USD 350 billion by 2032, owing to the proliferation of e-commerce platforms and the increasing preference for online shopping.

Question 3

What is the size of Asia Pacific express delivery industry?

Accepted Answer

Asia Pacific market held over 40% share in 2023, due to the rapid urbanization, increasing internet penetration, and the booming e-commerce sector.

Question 4

Mention the key players involved in express delivery market?

Accepted Answer

Aramex International LLC, C.H. Robinson Worldwide Inc., DHL International GmbH, FedEx Corporation., Geodis, OnTrac, Schenker AG, SF Express (Group) Co. Ltd., United Parcel Service Inc. and Yamato Holdings Co. Ltd.

Express Delivery Market Size - By Business (B2B, B2C), By Destination (International, Domestic), By Service Level (Same-Day Delivery, Next-Day Delivery, Two-Day Delivery, Expedited Delivery), By End-User & Forecast, 2024 - 2032

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