Please Wait.....
Report
India Domestic Courier, Express, and Parcel (Cep) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 150 Pages I Mordor Intelligence
The Indian domestic courier, express, and parcel (CEP) market is estimated to register a CAGR of 7% during the forecast period. The increasing consumer preference for shopping online through various e-commerce portals is also providing a boost to market growth.
The COVID-19 pandemic has impacted every sector. However, the pandemic has accelerated online purchasing, which directly impacts the growth of the domestic CEP industry in a positive way and has increased its market share. E-commerce stores in India are collaborating with courier service providers to deliver their products across domestic locations. Additionally, technological advancements, including the utilization of digital technologies with crowdsourced delivery models, are also creating a positive outlook for the market in India. The growing e-commerce sector, along with the growing cross-border trade, is one of the key factors driving the growth of the domestic CEP market. The domestic CEP market is likely to witness growth and hold the major share during the forecast period, driven by the B2C e-commerce boom.
India has been turning into a significant market for domestic shipments, with significant companies entering and expanding networks in the market. Innovation has become a key influencing factor for organizations to be seriously lined up with market trends and dynamics. Digitizing the economy and providing cheap internet to the people are a few of the many reasons that boosted the growth of digital sales in India.
India Domestic Courier Express & Parcel Market Trends
New Innovations and Technology Driving the Market
Consumer preferences are changing all the time, so they demand a more personalized e-commerce and logistics experience, one that pampers them and provides the greatest ease from beginning to end. To meet this increased demand, logistics platforms are employing technologies like AI, IoT, and Big Data to gain insights into consumer preferences and adapt their experiences.
With over 800 Direct-to-Consumer (D2C) brands in the country now, the sector is expected to grow to USD 100 billion by 2025. Due to its broad consumer reach and greater engagement, the D2C business model was adopted by various brands and merchants in 2021. As the D2C industry grows, more D2C brands are looking for platforms that provide end-to-end logistics and fulfillment services, and this trend is expected to continue in the years ahead.
One of the elements of a successful logistics ecosystem is robust warehousing. To ensure flawless warehouse management, logistics players have begun to automate practically every component to ensure that human resources are committed to the more critical, challenging jobs. Despite the fact that pre-pandemic years saw digital integration in warehouses as well, 2021 has proven to be the year of progress. To reduce time and money, logistics systems have incorporated robotic order picking and even packaging, and today, warehouses.
Because of the pandemic, consumers increasingly prefer contactless services for nearly every purchase they make. To that end, the logistics industry is offering contactless deliveries that customers can verify with an OTP sent to their phones. Such contactless services have gained so much traction that they are likely to become industry standards.
Rise in the E-commerce Sector to Boost the Domestic CEP Market in India
India's e-commerce expansion will also help the country become a key player in the e-business arena, with a projected growth potential of just under USD 100 billion by 2024. Fashion and apparel, as well as groceries, are the top-performing categories in India's e-commerce business, in terms of market share. Consumer electronics, which is projected to increase at an annual rate of up to 8% by 2025, is closely following these sectors.
These remarkable numbers are attributed partly to the global pandemic, which has caused many people to prefer to shop online rather than leave their homes. One explanation for India's phenomenal rise in the online shopping sector is the increasing penetration of IT infrastructure, as well as mobile phone and internet connectivity, into the country's rural areas. Aside from that, new government laws now encourage 100% foreign direct investment in B2B e-commerce enterprises, which has aided the Indian internet market's growth.
According to forecasts, the online grocery industry, which was valued at roughly USD 2 billion in 2021, will grow to USD 29 billion by 2024. This is because, as a result of reputable companies joining the market, more individuals are deciding to purchase groceries online.
Experts predict that the number of online shoppers in India would exceed 350 million in the next five years. This alone will help India's e-commerce business grow, as more customers equal more money made through e-commerce transactions.
India Domestic Courier Express & Parcel Market Competitor Analysis
The report covers the major players operating in the Indian domestic CEP Industry. The market is fragmented, with a large number of local and international players. The market is expected to grow during the forecast period. The major players such as Instakart Services Private Limited, Blue Dart Express Limited, DHL Express (India) Private Limited, Delhivery Private Limited, and FedEx Express are contributing significantly to the growth of the market.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Technological Trends
4.3 Government Regulations
4.4 Overview of the Logistics and Warehousing Market in India
4.5 Brief on India Freight Forwarding Market
4.6 Spotlight on India E-commerce Sector (Commentary on Domestic E-commerce)
4.7 Impact of COVID-19 on the CEP Market (Short-term and Long-term Impact on the Market and on the Economy)
5 MARKET DYNAMICS
5.1 Market Drivers
5.2 Market Restraints/Challenges
5.3 Market Opportunities
5.4 Industry Attractiveness - Porter's Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Bargaining Power of Buyers/Consumers
5.4.3 Bargaining Power of Suppliers
5.4.4 Threat of Substitute Products
5.4.5 Intensity of Competitive Rivalry
6 MARKET SEGMENTATION
6.1 Business Model
6.1.1 Business-to-Business (B2B)
6.1.2 Business-to-Customer (B2C)
6.1.3 Customer-to-Customer (C2C)
6.2 Type
6.2.1 E-commerce
6.2.2 Non-e-commerce
6.3 End User
6.3.1 Services
6.3.2 Wholesale and Retail Trade
6.3.3 Healthcare
6.3.4 Industrial Manufacturing
6.3.5 Other End Users
7 COMPETITIVE LANDSCAPE
7.1 Overview (Market Concentration and Major Players)
7.2 Company Profiles
7.2.1 Instakart Services Private Limited
7.2.2 Blue Dart Express Limited
7.2.3 DHLExpress (India) Private Limited
7.2.4 Delhivery Private Limited
7.2.5 FedEx Express
7.2.6 SafexpressPrivate Limited
7.2.7 DTDCExpress Limited
7.2.8 Ecom Express Private Limited
7.2.9 Gati-KintetsuExpress Private Limited
7.2.10 UPSExpress Private Limited*
8 FUTURE OF THE MARKET
9 APPENDIX
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security