Latest News- Courier, Express, And Parcel (CEP) Market: B2B is expected to lead the Consumer segment during 2025-2029

The Courier, Express, And Parcel (CEP) Market is being driven by Rise in FTAs to drive investments in courier, express, and parcel markets in emerging economies

The Courier, Express, And Parcel (CEP) Market is expected to grow at a CAGR of 7.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 188.1 billion. The last-mile delivery segment within the Courier, Express, and Parcel (CEP) market is experiencing significant growth due to the increasing integration of innovative delivery models with market vendors. The instant delivery market is gaining prominence, leading to substantial capital investments in startups and venture firms, particularly in the food preparation and delivery sector. E-commerce players are also introducing new delivery models, such as hub-and-spoke and last-mile delivery (LMD), to expand their range of services to customers. These delivery models encompass various options, including postal mail runs, crowd shipping, courier delivery, and delivery to lockers. The adoption of these advanced delivery methods is expected to fuel market growth in the coming years. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rise in FTAs to drive investments in courier, express, and parcel markets in emerging economies
• Growing fast-moving consumer goods (FMCG) contract manufacturing in emerging markets
• Adoption of new technologies in courier, express, and parcel supply chain network systems

However, the market also witnesses some limitations, which are as follows:

• Increasing threat from sharing-based business models
• Lack of supply chain visibility affecting vendor-customer relationship
• Growth of on-demand delivery services

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Market Scope in Courier, Express, And Parcel (CEP) Market Research Report

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Research Analysis Overview

The Courier, Express, and Parcel (CEP) market encompasses the transportation and delivery of parcels and documents to retail and business customers, including government agencies. Delivery methods include air, water, and land, ensuring safe delivery options and parcel tracking facilities. International trade relies heavily on CEP services for trackability and timely delivery, offering same-day, next-day, and immediate delivery solutions for critical items such as medical supplies, legal documents, perishable goods, and emergency situations. Potential clients include distribution industries, individual customers, and cross-border e-commerce businesses, all requiring reliable international parcel deliveries and shipping solutions.

Market Research Overview

The Courier, Express, and Parcel (CEP) market encompasses the generation of revenue from providers of specialized services, focusing on the transportation and delivery of parcels and documents to retail customers, government agencies, and international trade entities. Technavio's market analysis covers air, water, and land transportation modes, ensuring safe delivery options and parcel tracking facilities. Key drivers include internet-based services, digital technologies, and the increasing use of smartphones. Trade-related agreements and international partnerships further expand market opportunities. This analysis excludes casino and gaming, hotel, resorts, and cruise lines; leisure facilities; restaurants; and education services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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