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  • Courier Services Market to record a CAGR of 5.8% during the forecast period

    (, January 19, 2023 ) The report published by Maximize Market research on the Courier Services market, covers an extensive regional analysis and competitive landscape. Over the forecast period, the market is to grow from USD 383.02 Bn in 2021 to USD 601.32 Bn in 2029 at a CAGR of 5.8 percent.

    Courier Services Market Scope and Research Methodology

    The Courier Services Market report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It presents an in-depth analysis of the market segments which include service type, end-use and destination. The bottom-up approach was used to estimate the market size of the Courier Services Market which was validated by primary research. The report involves the extensive use of secondary sources, directories and databases such as Bloomberg and other government associations. Moreover, private websites and company websites have also been used to identify and collect information for the study of the Courier Services Market.

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    Courier Services Market Dynamics

    The immense growth of the e-commerce industry is the key factor driving the growth of the Courier Services Market which is attributed to the increasing demand for the delivery of goods. During the forecast period, changing corporate structure for cost-effective and faster delivery services coupled with technological developments are expected to drive the Courier Services Market growth.

    Courier Services Market Regional Insights

    The Asia-Pacific region dominated the global market, holding market share of 45% in 2021. During the forecast period, the regional courier services market is expected to grow at a rapid rate. The market growth in the region is due to the rapid population growth and development in global commerce.

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    Courier Services Market Segmentation

    By Service Type




    By Destination



    By End-Use


    Wholesale & Retail Trade


    Industrial & Manufacturing


    Courier Services Market Key Competitors include:

    F. Express

    Japan Post Holdings

    ZTO Express

    Poste Italiane

    TFI International


    International Distributions Services (Royal Mail)

    Blue Dart Express

    sterreichische Post


    Pitney Bowes


    FedEx Corporation,

    SF Express (Group) Co. Ltd.,

    Deutsche Post DHL Group,

    United Parcel Service Inc.,

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    Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:

    Cargo Shipping Market - The market size is expected to reach USD 17.07 billion tons by 2029 at a CAGR of 4 percent during the forecast period. It is expected to be driven by improvements in port infrastructure and investments by shipping companies.

    Cargo Transportation Insurance Market - The market size is expected to reach USD 67 billion by 2029 at a CAGR of 3 percent during the forecast period. It is expected to be driven by increasing awareness about cargo insurance.

    About Maximize Market Research:

    Maximize Market Research provides B2B and B2C research on 6,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.


    Dnyaneshwari Yevale


    Source: EmailWire.Com


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