The Express Delivery Market in Europe is being driven by Growth of e-commerce industry in Europe
The Express Delivery Market in Europe is expected to grow at a CAGR of 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 18.91 billion. In the European express delivery market, companies are strategically pursuing mergers and acquisitions (M&A) to bolster their market presence and broaden their service offerings. M&A activities enable firms to attain economies of scale in business operations, extend their global reach by acquiring regional players, unlock new growth prospects, and create synergies that surpass the capabilities of individual entities. Notably, in October 2023, DHL announced the acquisition of MNG Kargo Yurtici ve Yurtdisi Tasimacilik A.S., a leading Turkish parcel delivery company, to expand its customer base and enhance its portfolio of services, thereby strengthening its position in the global express delivery landscape.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
174 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.4% |
Market growth 2025-2029 |
USD 18.91 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.8 |
Key countries |
Germany, France, UK, Spain, and Rest of Europe |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Express Delivery Market in Europe is witnessing significant advancements with a focus on last mile logistics and delivery infrastructure. Innovations include micro-fulfillment centers, urban logistics, delivery consolidation, and aggregation. Crowdsourced and platform-based delivery, mobile delivery apps, chatbots, and AI-powered delivery are transforming the sector. Delivery automation technologies, predictive delivery, dynamic routing, and delivery scheduling are enhancing efficiency. Sustainability initiatives, such as electric and biofuel delivery vehicles, eco-friendly and reusable packaging, and delivery security, are also prioritized. Delivery performance metrics, cost optimization, and route optimization are key areas of focus, with delivery disruption and innovation driving the market forward. Delivery trends include delivery exception management, incident reporting, network resilience, and delivery workforce optimization. Fraud prevention, delivery data analytics, and insights are also essential components of the evolving express delivery landscape.
The European express delivery market encompasses same-day and next-day delivery services, last-mile courier solutions, parcel delivery, logistics, and shipping offerings from leading air freight and logistics providers. According to Technavio, the global air freight and logistics market, which includes revenue from air freight transportation, courier services, and logistics providers, is expected to grow significantly. Key drivers include the surge in cross-border e-commerce activities, necessitating efficient last-mile delivery networks and customs clearance solutions, as well as the increasing demand for real-time package tracking and delivery confirmation.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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