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United States Courier, Express, and Parcel (CEP) Market Report and Forecast 2024-2032
Market Report I 2024-02-12 I 187 Pages I EMR Inc.
United States Courier, Express, and Parcel (CEP) Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the United States courier, express, and parcel (CEP) market reached a value of USD 120.21 billion in 2023. Aided by the surge in e-commerce, advancements in logistics technology, and the increasing demand for faster, more reliable delivery services, the market is projected to further grow at a CAGR of 8.6% between 2024 and 2032 to reach a value of USD 254.78 billion by 2032.
The CEP industry encompasses a wide range of services designed to transport documents and packages of various sizes and weights across different distances within specified timeframes. This sector is instrumental in facilitating the seamless flow of goods, enabling businesses to thrive in a market increasingly reliant on speed and efficiency.
The exponential United States courier, express, and parcel (CEP) market growth is attributed to several pivotal factors. The e-commerce revolution has dramatically increased the volume of parcels, requiring robust logistics and delivery networks to meet consumer expectations for quick and precise deliveries. Additionally, the globalisation of trade has necessitated efficient cross-border courier and parcel services, further propelling the market's expansion.
Technological advancements further influence the United States courier, express, and parcel (CEP) market outlook. Innovations in tracking systems, automated sorting, drone deliveries, and last-mile logistics solutions are enhancing operational efficiency and customer satisfaction. These technologies also enable companies to offer personalised delivery options, fostering a competitive edge in a crowded market.
Moreover, the shift towards sustainable practices is influencing the sector, with companies investing in eco-friendly vehicles and packaging solutions to reduce their environmental footprint. This transition not only addresses regulatory pressures but also aligns with growing consumer demand for responsible corporate behaviour.
According to the United States courier, express, and parcel (CEP) market analysis, regulatory compliance is a significant aspect of the CEP industry, encompassing transportation safety, customs regulations, and data protection laws. The sector is also navigating a complex landscape of environmental regulations aimed at reducing emissions and promoting sustainability in logistics operations.
The future of the market is ripe with opportunities for innovation and growth. The continued expansion of e-commerce, coupled with emerging trends such as hyper-local deliveries and subscription-based models, presents new avenues for service diversification. The integration of blockchain technology offers potential for enhanced security and transparency in parcel tracking, while the advent of autonomous delivery vehicles promises to revolutionise last-mile logistics.
Market Segmentation
The market can be divided based on end use and region.
Market Breakup by End Use
- Services (BFSI- Banking, Financial Services, and Insurance)
- Wholesale and Retail Trade (E-Commerce)
- Manufacturing, Construction, and Utilities
- Others
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States courier, express, and parcel (CEP) market. Some of the major players explored in the report by Expert Market Research are as follows:
- FedEx Corp.
- United Parcel Service, Inc.
- Schenker AG
- DSV A/S
- Deutsche Post AG
- Aramex International LLC
- TFI International Inc.
- Lasership, Inc. (OnTrac)
- US Postal Service
- Courier Express
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Courier, Express, and Parcel (CEP) Market Overview
8.1 Key Industry Highlights
8.2 North America Courier, Express, and Parcel (CEP) Historical Market (2018-2023)
8.3 North America Courier, Express, and Parcel (CEP) Market Forecast (2024-2032)
8.4 North America Courier, Express, and Parcel (CEP) Market Share by Country
8.4.1 United States
8.4.2 Canada
9 United States Courier, Express, and Parcel (CEP) Market Overview
9.1 Key Industry Highlights
9.2 United States Courier, Express, and Parcel (CEP) Historical Market (2018-2023)
9.3 United States Courier, Express, and Parcel (CEP) Market Forecast (2024-2032)
10 United States Courier, Express, and Parcel (CEP) Market by Service Type
10.1 B2B (Business-to-Business)
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 B2C (Business-to- Customer)
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 C2C (Customer-to-Customer)
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United States Courier, Express, and Parcel (CEP) Market by Destination
11.1 Domestic
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 International
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Courier, Express, and Parcel (CEP) Market by Transportation Type
12.1 Airways
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Waterways
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Roadways
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Railways
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 United States Courier, Express, and Parcel (CEP) Market by End Use
13.1 Services (BFSI- Banking, Financial Services, and Insurance)
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Wholesale and Retail Trade (E-Commerce)
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Manufacturing, Construction, and Utilities
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 United States Courier, Express, and Parcel (CEP) Market by Region
14.1 New England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mideast
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Great Lakes
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Plains
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Southeast
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Southwest
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
14.7 Rocky Mountain
14.7.1 Historical Trend (2018-2023)
14.7.2 Forecast Trend (2024-2032)
14.8 Far West
14.8.1 Historical Trend (2018-2023)
14.8.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter's Five Forces Analysis
15.2.1 Supplier's Power
15.2.2 Buyer's Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 FedEx Corp.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 United Parcel Service, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Schenker AG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 DSV A/S
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Deutsche Post AG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Aramex International LLC
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 TFI International Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Lasership, Inc. (OnTrac)
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 US Postal Service
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Courier Express
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Courier, Express, and Parcel (CEP) Market: Key Industry Highlights, 2018 and 2032
2. United States Courier, Express, and Parcel (CEP) Market: Key Industry Highlights, 2018 and 2032
3. United States Courier, Express, and Parcel (CEP) Historical Market: Breakup by Service Type (USD Billion), 2018-2023
4. United States Courier, Express, and Parcel (CEP) Market Forecast: Breakup by Service Type (USD Billion), 2024-2032
5. United States Courier, Express, and Parcel (CEP) Historical Market: Breakup by Destination (USD Billion), 2018-2023
6. United States Courier, Express, and Parcel (CEP) Market Forecast: Breakup by Destination (USD Billion), 2024-2032
7. United States Courier, Express, and Parcel (CEP) Historical Market: Breakup by Transportation Type (USD Billion), 2018-2023
8. United States Courier, Express, and Parcel (CEP) Market Forecast: Breakup by Transportation Type (USD Billion), 2024-2032
9. United States Courier, Express, and Parcel (CEP) Historical Market: Breakup by End Use (USD Billion), 2018-2023
10. United States Courier, Express, and Parcel (CEP) Market Forecast: Breakup by End Use (USD Billion), 2024-2032
11. United States Courier, Express, and Parcel (CEP) Historical Market: Breakup by Region (USD Billion), 2018-2023
12. United States Courier, Express, and Parcel (CEP) Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. United States Courier, Express, and Parcel (CEP) Market Structure
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