US Courier, Express and Parcel Market Growth, Trends, Size, Revenue, Opportunities and Future Outlook: SPER Market Research

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Published: Feb 2024	Report ID: AMIN2454	Pages: 1 - 103	Formats^*:
Category : Automotive & Transportation

United States Courier, Express and Parcel (CEP) Market Introduction and Overview

According to SPER Market Research, the United States Courier, Express and Parcel (CEP) Market is estimated to reach USD 291.63 billion by 2033 with a CAGR of 5.06%.

The report includes an in-depth analysis of the United States Courier, Express and Parcel (CEP) Market, including market size and trends, product mix, distribution channels, and supplier analysis. Services for courier, express, and parcel delivery (CEP) transport packages and papers to a wide range of clients, including businesses, government organizations, and retail establishments. It entails the transportation of diverse commodities and products across geographical boundaries via a variety of media, including land, sea, and air. When delivering non-palletized parcels, the service provider sets a fee that varies according to the weight and urgency of the shipment. Due to their cost-effectiveness, safe delivery alternatives, and package tracking services, courier, express, and parcel (CEP) service providers are currently becoming more and more popular worldwide.

December 2023: One billion packages have been delivered by Amazon from US Same-Day locations. Delivering customer packages even faster is made possible by the same-day delivery facilities' swift deliveries, fulfillment, and sorting capabilities all from one location.

DHL Express purchased a facility in downtown Denver that is nearer to the business district. Along with 60 spots for cars to load and unload shipments around its conveyable sorting system, the new DHL Service Point boasts roughly 56,000 square feet of mixed warehouse and office space.

United States Courier, Express and Parcel (CEP) Market

Market Opportunities and Challenges

Opportunities: The growth of the courier, express, and parcel markets is further enhanced by factors like the expansion of trade agreements, the growth of the e-commerce sector, and the growing demand for expedited package delivery.

In addition, the US Department of Transportation revealed the Maritime Administration's Port Infrastructure Development Program, which secured approximately USD 703 million for the purpose of supporting 41 projects throughout 22 states and a territory. Increasing the capacity of port facilities is the main objective of these programs. The monies that have been given have the potential to improve supply chain reliability through the expansion of port capacity and durability, streamlining of operating procedures, mitigation of emissions that originate from ports, and creation of new employment opportunities in coastal seaports, Great Lakes ports, and inland river ports

Challenges: The expansion of the courier, express, and parcel markets is anticipated to be hampered, nevertheless, by reasons such as inadequate infrastructure, increased logistics costs, and a lack of manufacturer control over logistics services. Furthermore, the increasing demand for accelerated shipping and the growth of e-commerce have created a significant barrier to offering cost-effective delivery choices at quicker speeds. This need means that in order to maximize logistical networks and expedite operations, constant investments in infrastructure and technology are required.

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Market Competitive Landscape

The top five companies hold 74.78% of the US courier, express, and parcel (CEP) market, which is fairly consolidated. The market leaders include United Parcel Service of America, Inc. (UPS), DHL Group, FedEx, OnTrac, and USPS (listed in alphabetical order).

Scope of the Report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Destination, By Speed of Delivery, By Model, by Shipment Weight, By Mode of Transport, By End User
Regions covered	Eastern Region, Western Region, Northern Region, Southern Region
Companies Covered	Amazon, Aramex, DHL, Dropoff Inc., FedEx, International Distributions Services, OnTrac, Spee Dee Delivery Service Inc., United Parcel Service of America, Inc., USA Couriers, USPS, Others

COVID-19 Impact on United States Courier, Express and Parcel (CEP) Market

The United States Courier, Express, and Parcel (CEP) market has been greatly affected by the COVID-19 pandemic, bringing with it both opportunities and challenges. Due to restrictions and lockdowns that have affected brick and mortar stores, internet purchasing has increased dramatically, which has resulted in a significant rise in the volume of packages sent. Due to the burden this increase in demand has placed on delivery networks, several providers have experienced delays and service disruptions. Furthermore, the logistics operations have become more complex due to the introduction of safety regulations like contactless delivery and social distancing, necessitating technological investments and modifications from CEP firms.

Key Target Audience:

E-commerce Retailers
Brick-and-Mortar Retailers Transitioning to E-commerce
Small and Medium-sized Businesses (SMBs)
Large Corporations with Supply Chain Needs
Consumers Seeking Expedited Delivery Options
Logistics and Transportation Companies

Our in-depth analysis of the United States Courier, Express and Parcel (CEP) Market includes the following segments:

By Destination:	Domestic International
By Speed of Delivery:	Express Non-Express
By Model:	B2B B2C C2C
By Shipment Weight:	Heavy Weight Shipments Light Weight Shipments Medium Weight Shipments
By End User:	E-Commerce Financial Services Healthcare Manufacturing Primary Industry Wholesale and Retail Trade Others
By Mode of Transport:	Air Road Others

Key Topics Covered in the Report:

United States Courier, Express and Parcel (CEP) Market Size (FY’2024-FY’2033)
Overview of United States Courier, Express and Parcel (CEP) Market
Segmentation of United States Courier, Express and Parcel (CEP) Market By Destination (Domestic, International)
Segmentation of United States Courier, Express and Parcel (CEP) Market By Speed of Delivery (Express, Non-Express)
Segmentation of United States Courier, Express and Parcel (CEP) Market By Model (B2B, B2C, C2C)
Segmentation of United States Courier, Express and Parcel (CEP) Market By Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments)
Segmentation of United States Courier, Express and Parcel (CEP) Market By Mode of Transport (B2B, B2C, C2C)
Segmentation of United States Courier, Express and Parcel (CEP) Market By End User (E-Commerce, Financial Services, Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade, Others)
Expansion Analysis of United States Courier, Express and Parcel (CEP) Market
Problems and Obstacles in United States Courier, Express and Parcel (CEP) Market
Competitive Landscape in the United States Courier, Express and Parcel (CEP) Market
Impact of COVID-19 and Demonetization on United States Courier, Express and Parcel (CEP) Market
Details on Current Investment in United States Courier, Express and Parcel (CEP) Market
Competitive Analysis of United States Courier, Express and Parcel (CEP) Market
Prominent Players in the United States Courier, Express and Parcel (CEP) Market
SWOT Analysis of United States Courier, Express and Parcel (CEP) Market
United States Courier, Express and Parcel (CEP) Market Future Outlook and Projections (FY’2024-FY’2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach

2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Courier, Express and Parcel (CEP) Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. United States Courier, Express and Parcel (CEP) Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Courier, Express and Parcel (CEP) Market

7. United States Courier, Express and Parcel (CEP) Market, By Destination (USD Million)

7.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Destination, 2024-2033
7.2. Domestic
7.3. International

8. United States Courier, Express and Parcel (CEP) Market, By Speed of Delivery (USD Million)

8.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Speed of Delivery, 2024-2033
8.2. Express
8.3. Non-Express

9. United States Courier, Express and Parcel (CEP) Market, By Model (USD Million)

9.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Model, 2024-2033
9.2. B2B
9.3. B2C
9.4. C2C

10. United States Courier, Express and Parcel (CEP) Market, By Shipment Weight (USD Million)

10.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Shipment Weight, 2024-2033
10.2. Heavy Weight Shipments
10.3. Light Weight Shipments
10.4. Medium Weight Shipments

11. United States Courier, Express and Parcel (CEP) Market, By Mode of Transport (USD Million)

11.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By Mode of Transport, 2024-2033
11.2. Air
11.3. Road
11.4. Others

12. United States Courier, Express and Parcel (CEP) Market, By End User (USD Million)

12.1. United States Courier, Express and Parcel (CEP) Market Value Share and Forecast, By End User, 2024-2033
12.2. E-Commerce
12.3. Financial Services
12.4. Healthcare
12.5. Manufacturing
12.6. Primary Industry
12.7. Wholesale and Retail Trade
12.8. Others

13. United States Courier, Express and Parcel (CEP) Market Forecast, 2020-2033 (USD Million)

13.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share

14. United States Courier, Express and Parcel (CEP) Market, By Destination, 2020-2033 (USD Million)

14.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Destination (2020-2026)
14.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Destination (2027-2033)

15. United States Courier, Express and Parcel (CEP) Market, By Speed of Delivery, 2020-2033 (USD Million)

15.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Speed of Delivery (2020-2026)
15.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Speed of Delivery (2027-2033)

16. United States Courier, Express and Parcel (CEP) Market, By Model, 2020-2033 (USD Million)

16.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Model (2020-2026)
16.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Model (2027-2033)

17. United States Courier, Express and Parcel (CEP) Market, By Shipment Weight, 2020-2033 (USD Million)

17.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Shipment Weight (2020-2026)
17.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Shipment Weight (2027-2033)

18. United States Courier, Express and Parcel (CEP) Market, By Mode of Transport, 2020-2033 (USD Million)

18.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Mode of Transport (2020-2026)
18.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Mode of Transport (2027-2033)

19. United States Courier, Express and Parcel (CEP) Market, By End User, 2020-2033 (USD Million)

19.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By End User (2020-2026)
19.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By End User (2027-2033)

20. United States Courier, Express and Parcel (CEP) Market, By Region, 2019-2033 (USD Million)

20.1. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Region (2020-2026)
20.2. United States Courier, Express and Parcel (CEP) Market Size and Market Share By Region (2027-2033)
20.3. Eastern Region
20.4. Western Region
20.5. Northern Region
20.6. Southern Region

21. Company Profile

21.1. Amazon
21.1.1. Company details
21.1.2. Financial outlook
21.1.3. Product summary
21.1.4. Recent developments
21.2. Aramex
21.2.1. Company details
21.2.2. Financial outlook
21.2.3. Product summary
21.2.4. Recent developments
21.3. DHL
21.3.1. Company details
21.3.2. Financial outlook
21.3.3. Product summary
21.3.4. Recent developments
21.4. Dropoff Inc.
21.4.1. Company details
21.4.2. Financial outlook
21.4.3. Product summary
21.4.4. Recent developments
21.5. FedEx
21.5.1. Company details
21.5.2. Financial outlook
21.5.3. Product summary
21.5.4. Recent developments
21.6. International Distributions Services
21.6.1. Company details
21.6.2. Financial outlook
21.6.3. Product summary
21.6.4. Recent developments
21.7. OnTrac
21.7.1. Company details
21.7.2. Financial outlook
21.7.3. Product summary
21.7.4. Recent developments
21.8. Spee Dee Delivery Service Inc.
21.8.1. Company details
21.8.2. Financial outlook
21.8.3. Product summary
21.8.4. Recent developments
21.9. United Parcel Service of America, Inc.
21.9.1. Company details
21.9.2. Financial outlook
21.9.3. Product summary
21.9.4. Recent developments
21.10. USA Couriers
21.10.1. Company details
21.10.2. Financial outlook
21.10.3. Product summary
21.10.4. Recent developments
21.11. USPS
21.11.1. Company details
21.11.2. Financial outlook
21.11.3. Product summary
21.11.4. Recent developments
21.12. Others

22. List of Abbreviations

23. Reference Links

24. Conclusion

25. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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Frequently Asked Questions About This Report

How big is the United States Courier, Express and Parcel (CEP) Market?

United States Courier, Express and Parcel (CEP) Market is projected to reach USD 291.63 billion by 2033, growing at a CAGR of 5.06% during the forecast period.

What is the growth rate of the United States Courier, Express and Parcel (CEP) Market?

United States Courier, Express and Parcel (CEP) Market size from 2022. The Market is expected to reach USD 291.63 billion by 2033, at a CAGR of 5.06% during the forecast period.

What is the anticipated CAGR of the United States Courier, Express and Parcel (CEP) Market?

United States Courier, Express and Parcel (CEP) Market CAGR of 5.06% during the forecast period.

How can I get a sample report on the United States Courier, Express and Parcel (CEP) Market?

You can get the sample pages by clicking the link - Click Here

What is the market size of the United States Courier, Express and Parcel (CEP) Market?

United States Courier, Express and Parcel (CEP) Market size is 291.63 billion from 2023 to 2033.

Which segment is expected to United States Courier, Express and Parcel (CEP) Market?

Europe Bioplastics Market Segment is covered By Destination, By Speed of Delivery, By Model, by Shipment Weight, By Mode of Transport, By End User.

Which region is expected to have the highest market share in the United States Courier, Express and Parcel (CEP) Market?

The North America is anticipated to have the highest market share in the United States Courier, Express and Parcel (CEP) Market.

Who are the key players in United States Courier, Express and Parcel (CEP) Market?

"The key players in the market include Companies Covered Amazon, Aramex, DHL, Dropoff Inc., FedEx, International Distributions Services, OnTrac, Spee Dee Delivery Service Inc., United Parcel Service of America, Inc., USA Couriers, USPS, Others."

What is the conclusion of the United States Courier, Express and Parcel (CEP) Market?

distribution channels, and supplier analysis. Services for courier, express, and parcel delivery (CEP) transport packages and papers to a wide range of clients, including businesses, government organizations, and retail establishments.