Meet Abi
Abi will answer all Courier, Express, and Parcel Services related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Discover Market Info
Get up-to-date market and supplier info on Courier, Express, and Parcel Services to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Manage Risk
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Find Suppliers
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Assess Category Performance
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Source Market Indices
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Courier, Express, and Parcel Services related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Courier, Express, and Parcel Services to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
$123.1 Bn
$82.6 Bn
$143.5 Bn
$8.5 Bn
Category Intelligence on Courier, Express, and Parcel Services covers the following:
Drivers
E-commerce
The global e-commerce market is expected to generate revenue worth around $5 Tn in 2021.
Real-time Tracking Feature
Courier industry players are offering real-time tracking features to the consumers, which wards off the risk of lost parcels and thus loss of consumer loyalty. To assure this, market players are delivering online tracking facilities and SMS services to consumers.
The real-time tracking feature provides insights on when the package is scheduled to arrive. Moreover, this feature offers insights into the number of halts or conveyances the delivery person will make before contacting the consumers. This delivery innovation steps up the convenience of consumers by offering them better transparency of their packages.
Various logistics companies have begun integrating artificial intelligence (AI) solutions such as route planning, intelligent transportation, and demand planning in their workflows.
Global Import and Export Activity
GDP
Constraints
Digitization
Technology and digitization have been reducing the volume of physical mails, thus challenging courier industry players.
Fuel Rate
The CEP market is highly mature in North America and Western Europe, with fierce competition among the top global suppliers (DHL, UPS and FedEx). The top global service providers in the courier industry include Deutsche Express, FedEx, UPS, TNT, and Express Yamato Holdings.
The CEP market is gaining pace in APAC and the Middle East owing to the booming e-commerce business and presence of numerous service providers. Further, the CEP market is highly fragmented in both the regions.
Global/Regional Outlook
Increase in M&A and tie-ups
Value-added services
Tier-2/Local Supplier
Global suppliers collaborating with regional suppliers to cater to the domestic needs of CEP in the region (e.g. DHL and Blue Dart collaborate to cater to the international operations of BlueDart).
Tier-2 and tier-3 suppliers entering the CEP market to bridge the demand-supply gap for e-commerce companies by handling last-mile delivery.
This courier industry analysis shows that several small and regional players have cost-effective supply chains given the advantage of using a 3PL for last-mile delivery rather than having end-to-end services.
Engagement trends
Global suppliers of parcel services are enhancing their presence by having tie-ups and M&A with regional players to use their expertise (on a regional level).
Global suppliers in the courier express parcel market have shaped their service offerings based on shippers’ requirements. Services such as same-day delivery, door-to-door service, NFO* options, time-critical services, and customized supply chain solutions.
Courier industry trends show that many small and regional players in the courier market have cost-effective supply chains, due to the advantage of using third-party logistics for last-mile delivery rather than having end-to-end services.
The major cost components are labor and fuel costs, which add up to 40–70 percent of the cost component. Global CEP suppliers go for rent/lease of warehouses/sorting facilities rather than owning them at a regional level, thus reducing fixed costs.
The price of a Courier, Express, and Parcel services is primarily determined by the volumetric or actual weight of the shipments (whichever is higher), distance to be shipped, and time of delivery. Typically, rates increase with the decrease in transit time.
Market players have been implementing loads of innovations to achieve greater efficiency and sustainability. One of the main areas of innovation is the final-mile delivery. Innovative solutions for last-mile delivery have made a huge impact on the courier industry globally. Also, the report provides case studies where these solutions have been successfully implemented.
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