Couriers and Messengers Market Size, Share & Industry | 2030

Couriers and Messengers Market Size, Share & Industry | 2030

Segments - Global Couriers and Messengers Market By Types (Domestic Couriers and International Couriers), Coverage Types (Local Messengers and Local Delivery Services and Couriers and Express Delivery Services), Applications (Retail and E-Commerce, Manufacturing, Energy and Utilities, Construction and Engineering, and Others), End-users (B2B, B2C, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021-2028

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Author : Akash Vedpathak
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Fact-checked by : V. Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :AL-4335 | 4.3 Rating | 66 Reviews | 201 Pages | Format : PDF Excel PPT

Report Description


The global couriers and messengers market size is anticipated to expand at a CAGR of 6.2% and is projected to reach USD 913.5 billion during the forecast period, between 2021 and 2028. Emerging economies, the growth in the cross border trade, rising business activities and grocery & meals delivery services are propelling the market.

Couriers and messengers are a part of the transportation and warehousing industry. The couriers and messengers industry offers tracked, guaranteed express delivery services in domestic areas and international destinations. The courier and messenger industry mainly deals with transporting small parcels, documents, and packages without operating under a universal service obligation. Moreover, the industry also provides local messengers that deliver the couriers, documents, packages or parcels services mainly by using bicycles, small trucks, on-foot, or vans.

Global Couriers and Messengers Market Outlook

  • Rising usage of automated parcel terminals by the courier and messengers service providers to allow their customers to easily collect and return parcels. Hence, boosting the market.
  • Growing adoption by marketers, senior management, and strategists for assessing critical information in various managerial applications. Thus, driving the market.
  • Growing demand for on-demand and in-house delivery services by the customers that offer faster and efficient delivery of couriers are fueling the market.
  • Rising crude oil process and high costs associated with the logistics & transportation activities are hindering the market. 
  • Increasing focus by service providers towards the adoption of contactless delivery models by ensuring product safety is generating opportunities in the market.
  • Growing consumer spending and increasing demand from medical and healthcare industries are creating opportunities for the market.

Scope of Couriers and Messengers Market Report

The report on the global couriers and messengers market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Couriers and Messengers Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Types (Domestic Couriers and International Couriers), Coverage Types (Local Messengers and Local Delivery Services and Couriers and Express Delivery Services), Applications (Retail and E-Commerce, Manufacturing, Energy and Utilities, Construction and Engineering, and Others), End-users (B2B, B2C, and Others)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered in the Report

Aramex, DB Schenker, Deutsche Post AG, Fargo Courier Limited, FedEx, PostNL, Royal Mail Group Limited, SF Express, Toll Holdings Limited, Transworld, United Parcel Service of America, Inc, and USPS

Couriers and Messengers Market Segment Insights

Domestic couriers segment to grow during the anticipated period

In terms of types, the global couriers and messengers market is segmented into domestic couriers and international couriers. The domestic segment held a considerable share of the market in 2020, owing to the adoption of couriers and messengers service by the medical and healthcare sectors. The domestic courier and messenger services usually include the transportation of parcels and letters in the shortest possible time frame. Moreover, domestic courier services offer several benefits to the consumers such as they are easy to use, affordable, reliable, safe & secure, and provide fast delivery, which is anticipated to propel the segment during the forecast period.

Global Couriers and Messengers Market Types

The local messengers & local delivery services segment to grow in the forecasted period

On the basis of coverage types, the global couriers and messengers market is segregated into local messengers & local delivery services and couriers & express delivery services. The local messengers & local delivery services segment is expected to hold a significant share of the market during the forecast period attributed to the growing adoption by domestic retailers in there day to day transportation activities. The local messengers & local delivery services mainly offer same-day delivery that helps the service providers to boosts customers satisfaction. Additionally, the local messengers & local delivery services are a cost-effective solution and highly benefited while transporting small parcels or couriers. These factors are anticipated to propel the segment during the forecast period.

Retail and e-commerce segment to grow at a significant pace in the near future

Based on applications, the couriers and messengers market is segregated into retail and e-commerce, manufacturing, energy and utilities, construction and engineering, and others. The retail and e-commerce segment is expected to hold a significant share of the market during the forecast period, attributed to the growing deployment of automated parcel terminals for managing the excess transportation cost. The automated parcel terminals are highly adopted in grocery outlets, gas stations, convention centers, shopping malls, railway stations, convenient stores, and walkways. Moreover, the integration of on-demand delivery services with e-commerce platforms and point-of-sale systems enable courier companies to effectively and efficiently manage their operations, which is expected to boost the segment during the forecast period.

Global Couriers and Messengers Market Applications

B2B segment to grow in the forecasted period

In terms of end-users, the global couriers and messengers market is segregated into B2B, B2C, and others. The B2B segment is expected to hold a significant share of the market during the forecast period attributed to the low-cost services afferent by courier and messenger service providers. A B2B order mainly consists of larger and bulk orders that include high customer acquisition costs. The couriers and messengers help B2B manufacturers to distribute their wholesale stock within the shortest time duration. These factors are anticipated to propel the segment during the forecast period. 

Market in Asia Pacific is projected to grow the forecasted period

On the basis of regions, the global couriers and messengers market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific constituted a significant share of the market in 2020, due to the availability of a huge amount of customer base in countries like India and China. The market in the Asia Pacific is projected to expand at a significant CAGR during the forecast period, due to the growing cross broader transaction increases the demand for international courier and messenger services. Additionally, the market in Europe is projected to grow during the forecast period, owing to the growing adoption of automated parcel terminals, which is propelling the market.

Global Couriers and Messengers Market Regions

Segments

By Types

  • Domestic Couriers
  • International Couriers    

By Coverage Types

  • Local Messengers and Local Delivery Services
  • Couriers and Express Delivery Services

By Applications

  • Retail and E-Commerce
  • Manufacturing
  • Energy and Utilities
  • Construction and Engineering
  • Others

By End-users

  • B2B
  • B2C
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Aramex
  • DB Schenker
  • Deutsche Post AG
  • Fargo Courier Limited
  • FedEx
  • PostNL
  • Royal Mail Group Limited
  • SF Express
  • Toll Holdings Limited
  • Transworld
  • United Parcel Service of America, Inc
  • USPS

Competitive Landscape

Key players in the global couriers and messengers market include Aramex, DB Schenker, Deutsche Post AG, Fargo Courier Limited, FedEx, PostNL, Royal Mail Group Limited, SF Express, Toll Holdings Limited, Transworld, United Parcel Service of America, Inc, and USPS. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Global Couriers and Messengers Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Couriers and Messengers Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Couriers and Messengers Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Couriers and Messengers Market - Supply Chain
  4.5. Global Couriers and Messengers Market Forecast
     4.5.1. Couriers and Messengers Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Couriers and Messengers Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Couriers and Messengers Market Absolute $ Opportunity
5. Global Couriers and Messengers Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Couriers and Messengers Market Size and Volume Forecast by Types
     5.3.1. Domestic Couriers
     5.3.2. International Couriers    
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Couriers and Messengers Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Couriers and Messengers Market Size and Volume Forecast by Applications
     6.3.1. Retail and E-Commerce
     6.3.2. Manufacturing
     6.3.3. Energy and Utilities
     6.3.4. Construction and Engineering
     6.3.5. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Couriers and Messengers Market Analysis and Forecast by End Users
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by End Users
     7.2.2. Y-o-Y Growth Projections by End Users
  7.3. Couriers and Messengers Market Size and Volume Forecast by End Users
     7.3.1. B2B
     7.3.2. B2C
     7.3.3. Others
  7.4. Absolute $ Opportunity Assessment by End Users
  7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Couriers and Messengers Market Analysis and Forecast by Region
  8.1. Market Trends
  8.2. Introduction
     8.2.1. Basis Point Share (BPS) Analysis by Region
     8.2.2. Y-o-Y Growth Projections by Region
  8.3. Couriers and Messengers Market Size and Volume Forecast by Region
     8.3.1. North America
     8.3.2. Latin America
     8.3.3. Europe
     8.3.4. Asia Pacific
     8.3.5. Middle East and Africa (MEA)
  8.4. Absolute $ Opportunity Assessment by Region
  8.5. Market Attractiveness/Growth Potential Analysis by Region
  8.6. Global Couriers and Messengers Demand Share Forecast, 2019-2026
9. North America Couriers and Messengers Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
  9.2. North America Couriers and Messengers Market Size and Volume Forecast by Country
     9.2.1. U.S.
     9.2.2. Canada
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. North America Couriers and Messengers Market Size and Volume Forecast by Types
     9.4.1. Domestic Couriers
     9.4.2. International Couriers    
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. North America Couriers and Messengers Market Size and Volume Forecast by Applications
     9.7.1. Retail and E-Commerce
     9.7.2. Manufacturing
     9.7.3. Energy and Utilities
     9.7.4. Construction and Engineering
     9.7.5. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. North America Couriers and Messengers Market Size and Volume Forecast by End Users
     9.10.1. B2B
     9.10.2. B2C
     9.10.3. Others
  9.11. Basis Point Share (BPS) Analysis by End Users
  9.12. Y-o-Y Growth Projections by End Users
  9.13. Market Attractiveness/Growth Potential Analysis
     9.13.1. By Country
     9.13.2. By Product Type
     9.13.3. By Application
  9.14. North America Couriers and Messengers Demand Share Forecast, 2019-2026
10. Latin America Couriers and Messengers Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Latin America Average Pricing Analysis
  10.2. Latin America Couriers and Messengers Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
  10.4. Latin America Couriers and Messengers Market Size and Volume Forecast by Types
     10.4.1. Domestic Couriers
     10.4.2. International Couriers    
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Latin America Couriers and Messengers Market Size and Volume Forecast by Applications
     10.7.1. Retail and E-Commerce
     10.7.2. Manufacturing
     10.7.3. Energy and Utilities
     10.7.4. Construction and Engineering
     10.7.5. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Latin America Couriers and Messengers Market Size and Volume Forecast by End Users
     10.10.1. B2B
     10.10.2. B2C
     10.10.3. Others
  10.11. Basis Point Share (BPS) Analysis by End Users
  10.12. Y-o-Y Growth Projections by End Users
  10.13. Market Attractiveness/Growth Potential Analysis
     10.13.1. By Country
     10.13.2. By Product Type
     10.13.3. By Application
  10.14. Latin America Couriers and Messengers Demand Share Forecast, 2019-2026
11. Europe Couriers and Messengers Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Europe Average Pricing Analysis
  11.2. Europe Couriers and Messengers Market Size and Volume Forecast by Country
     11.2.1. Germany
     11.2.2. France
     11.2.3. Italy
     11.2.4. U.K.
     11.2.5. Spain
     11.2.6. Russia
     11.2.7. Rest of Europe
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Europe Couriers and Messengers Market Size and Volume Forecast by Types
     11.4.1. Domestic Couriers
     11.4.2. International Couriers    
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Europe Couriers and Messengers Market Size and Volume Forecast by Applications
     11.7.1. Retail and E-Commerce
     11.7.2. Manufacturing
     11.7.3. Energy and Utilities
     11.7.4. Construction and Engineering
     11.7.5. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Europe Couriers and Messengers Market Size and Volume Forecast by End Users
     11.10.1. B2B
     11.10.2. B2C
     11.10.3. Others
  11.11. Basis Point Share (BPS) Analysis by End Users
  11.12. Y-o-Y Growth Projections by End Users
  11.13. Market Attractiveness/Growth Potential Analysis
     11.13.1. By Country
     11.13.2. By Product Type
     11.13.3. By Application
  11.14. Europe Couriers and Messengers Demand Share Forecast, 2019-2026
12. Asia Pacific Couriers and Messengers Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Asia Pacific Average Pricing Analysis
  12.2. Asia Pacific Couriers and Messengers Market Size and Volume Forecast by Country
     12.2.1. China
     12.2.2. Japan
     12.2.3. South Korea
     12.2.4. India
     12.2.5. Australia
     12.2.6. Rest of Asia Pacific (APAC)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Asia Pacific Couriers and Messengers Market Size and Volume Forecast by Types
     12.4.1. Domestic Couriers
     12.4.2. International Couriers    
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Asia Pacific Couriers and Messengers Market Size and Volume Forecast by Applications
     12.7.1. Retail and E-Commerce
     12.7.2. Manufacturing
     12.7.3. Energy and Utilities
     12.7.4. Construction and Engineering
     12.7.5. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Asia Pacific Couriers and Messengers Market Size and Volume Forecast by End Users
     12.10.1. B2B
     12.10.2. B2C
     12.10.3. Others
  12.11. Basis Point Share (BPS) Analysis by End Users
  12.12. Y-o-Y Growth Projections by End Users
  12.13. Market Attractiveness/Growth Potential Analysis
     12.13.1. By Country
     12.13.2. By Product Type
     12.13.3. By Application
  12.14. Asia Pacific Couriers and Messengers Demand Share Forecast, 2019-2026
13. Middle East & Africa Couriers and Messengers Market Analysis and Forecast
  13.1. Introduction
     13.1.1. Basis Point Share (BPS) Analysis by Country
     13.1.2. Y-o-Y Growth Projections by Country
     13.1.3. Middle East & Africa Average Pricing Analysis
  13.2. Middle East & Africa Couriers and Messengers Market Size and Volume Forecast by Country
     13.2.1. Saudi Arabia
     13.2.2. South Africa
     13.2.3. UAE
     13.2.4. Rest of Middle East & Africa (MEA)
  13.3. Absolute $ Opportunity Assessment by Country
  13.4. Middle East & Africa Couriers and Messengers Market Size and Volume Forecast by Types
     13.4.1. Domestic Couriers
     13.4.2. International Couriers    
  13.5. Basis Point Share (BPS) Analysis by Types
  13.6. Y-o-Y Growth Projections by Types
  13.7. Middle East & Africa Couriers and Messengers Market Size and Volume Forecast by Applications
     13.7.1. Retail and E-Commerce
     13.7.2. Manufacturing
     13.7.3. Energy and Utilities
     13.7.4. Construction and Engineering
     13.7.5. Others
  13.8. Basis Point Share (BPS) Analysis by Applications
  13.9. Y-o-Y Growth Projections by Applications
  13.10. Middle East & Africa Couriers and Messengers Market Size and Volume Forecast by End Users
     13.10.1. B2B
     13.10.2. B2C
     13.10.3. Others
  13.11. Basis Point Share (BPS) Analysis by End Users
  13.12. Y-o-Y Growth Projections by End Users
  13.13. Market Attractiveness/Growth Potential Analysis
     13.13.1. By Country
     13.13.2. By Product Type
     13.13.3. By Application
  13.14. Middle East & Africa Couriers and Messengers Demand Share Forecast, 2019-2026
14. Competition Landscape
  14.1. Global Couriers and Messengers Market: Market Share Analysis
  14.2. Couriers and Messengers Distributors and Customers
  14.3. Couriers and Messengers Market: Competitive Dashboard
  14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     14.4.1. Aramex
     14.4.2. DB Schenker
     14.4.3. Deutsche Post AG
     14.4.4. Fargo Courier Limited
     14.4.5. FedEx
     14.4.6. PostNL
     14.4.7. Royal Mail Group Limited
     14.4.8. SF Express

Methodology

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