The Latest Courier Industry Statistics Explained
In 2019, the U.S. courier and messenger market size stood at $107.6 billion.
The statistic specifying that the U.S. courier and messenger market size was $107.6 billion in 2019 represents the total value of all goods and services within this particular industry during that year. This figure reflects the combined revenue generated by courier and messenger companies operating in the United States, including businesses involved in package delivery, express services, and mail delivery. The size of the market indicates the significant scale and economic impact of the courier and messenger sector within the U.S. economy in 2019, highlighting it as a major player in the transportation and logistics industry.
The UK courier services market recorded revenue of $23 billion in 2020.
The statistic “The UK courier services market recorded revenue of $23 billion in 2020” indicates that the total amount generated from courier services in the United Kingdom during the year 2020 was $23 billion. This figure reflects the substantial size and economic significance of the courier services industry in the UK. The revenue generated by courier services in a particular year is a key indicator of the level of activity and demand within the industry, as well as its contribution to the overall economy. Additionally, this statistic can provide insights into consumer behavior, online shopping trends, and the importance of efficient transportation and delivery services in modern commerce.
The Asia-Pacific region is predicted to see the fastest growth rate in the courier, express, and parcel market over the next few years.
The statement suggests that the courier, express, and parcel market in the Asia-Pacific region is expected to experience substantial growth compared to other regions globally in the coming years. This growth rate indicates an increasing demand for logistics services in the Asia-Pacific region, likely driven by factors such as the expansion of e-commerce, urbanization, and a growing middle class. Businesses operating in the courier, express, and parcel industry could capitalize on this forecasted growth by investing in infrastructure, innovative technologies, and strategic partnerships to meet the evolving needs of consumers and businesses in the region.
The Australian courier services industry generated revenue of approximately AUD 4 billion in 2019.
The statistic states that the Australian courier services industry generated a total revenue of approximately AUD 4 billion in the year 2019. This highlights the substantial economic contribution made by the sector to the Australian economy. The revenue figure serves as an important metric to measure the scale and financial performance of the courier services industry, reflecting the value of goods and services delivered by courier companies within the country. This information helps stakeholders, policymakers, and industry players to assess the industry’s significance, growth trends, and overall financial health, providing valuable insights for decision-making and strategic planning within the sector.
The worldwide express and small parcels market is predicted to have a CAGR of 9.3% for the period 2020-2025.
The statistic indicates that the worldwide express and small parcels market is expected to experience a Compound Annual Growth Rate (CAGR) of 9.3% between 2020 and 2025. This means that on average, the market is projected to grow at a rate of 9.3% per year during this period. A CAGR is a useful metric for understanding the consistent annual growth rate of a market, providing a reliable indication of its future performance. The forecasted growth rate suggests that the express and small parcels market is poised for significant expansion over the next five years, reflecting increasing demand for fast and efficient delivery services globally.
In 2019, the global courier, express, and parcel services market was worth approximately $330 billion.
The statistic “In 2019, the global courier, express, and parcel services market was worth approximately $330 billion” represents the estimated total value of the global market for services related to transporting packages and parcels swiftly and efficiently. This figure includes the revenues generated by companies providing courier, express delivery, and parcel services worldwide. The statistic illustrates the significant size and economic importance of the industry, highlighting the high demand for fast and secure delivery solutions in our increasingly interconnected and time-sensitive global economy. The value of $330 billion indicates the scale of opportunities and competition within this sector and underlines its role as a key player in facilitating global trade and commerce.
FedEx lead the U.S. courier and local delivery services industry with a market share of 50% in 2020.
The statistic indicates that in 2020, FedEx held the largest market share in the U.S. courier and local delivery services industry, accounting for half (50%) of the total market. This means that out of all the companies operating in this industry, FedEx had the highest percentage of sales or revenue. This information suggests that FedEx was the dominant player in the market, outperforming its competitors in terms of serving customers, generating business, and maintaining a strong presence in the industry. The 50% market share signifies the significant market power and influence that FedEx exerted within the U.S. courier and local delivery services sector during that year.
The courier and express delivery sales in the UK have grown year on year, reaching 12.6 billion British pounds in 2020.
The statistic that courier and express delivery sales in the UK have grown year on year, reaching 12.6 billion British pounds in 2020 indicates a consistent and significant upward trend in the demand for these services over the years. This growth suggests an increasing reliance on courier and express delivery services within the UK, likely driven by factors such as e-commerce expansion, globalization of supply chains, and the growing need for efficient and timely delivery of goods. The 12.6 billion British pounds figure for 2020 underscores the substantial financial value of this industry in the UK and highlights its importance in facilitating trade, supporting businesses, and meeting consumer expectations for fast and reliable delivery services.
In 2019, China Express Delivery Industry’s market size reached Â¥745.15 billion – up 24.6% YoY.
The statistic indicates that in the year 2019, the market size of the China Express Delivery Industry reached ¥745.15 billion, which represents a substantial increase of 24.6% compared to the previous year. This significant growth in market size suggests a healthy and rapidly expanding industry, driven by factors such as increasing e-commerce activity, urbanization, and improved logistics infrastructure in China. The growth rate of 24.6% year-on-year also signals strong demand for express delivery services within the country, reflecting the evolving consumer preferences and the rising importance of efficient and timely delivery solutions in the modern economy.
UPS accounted for 21.9% of the courier, express and parcel market in the United States in 2020
The statistic stating that UPS accounted for 21.9% of the courier, express, and parcel market in the United States in 2020 indicates that UPS held a significant share of the market compared to other competitors during that year. This statistic highlights UPS’s dominance and competitive position within the industry, showcasing their strong presence in providing courier, express, and parcel services to customers across the country. The percentage also serves as a measure of market concentration, illustrating the market power and influence held by UPS in shaping the competitive landscape of the courier and logistics sector within the United States in 2020.
The India courier, express, and parcel market is projected to grow to $34.3 billion by 2024
The statistic that the India courier, express, and parcel market is projected to grow to $34.3 billion by 2024 indicates a significant expansion in the industry’s revenue over the next few years. This growth projection suggests a strong and increasing demand for courier, express, and parcel services in India, likely driven by factors such as e-commerce growth, urbanization, and improved supply chain logistics. The increasing market size also highlights opportunities for businesses operating in the sector to capitalize on this growth through investment, expansion, and innovation to meet the rising service requirements of consumers and businesses.
The courier, express, and parcel market in Germany had revenue of €20.4 billion in 2020
The statistic “The courier, express, and parcel market in Germany had revenue of €20.4 billion in 2020” indicates the total earnings generated by the courier, express, and parcel industry within Germany during the year 2020. This revenue figure represents the sum of all income generated through services such as package delivery, express shipping, and other logistical operations within the German market. The €20.4 billion revenue reflects the economic significance and scale of the courier industry in Germany, highlighting the high demand for delivery services within the country. This statistic is crucial for understanding the financial performance and overall market size of the courier industry in Germany for the specified year.
Brazil’s Express Delivery market was valued at USD 3.63 billion in 2020 and is expected to reach USD 6.96 billion by 2026
The statistic indicates that Brazil’s Express Delivery market was valued at USD 3.63 billion in 2020 and is projected to grow to USD 6.96 billion by 2026. This represents a substantial expected increase in market value over the six-year period, indicating a promising outlook for the industry. The growth in the market can be attributed to factors such as increasing e-commerce activities, rising demand for efficient logistics services, and a growing consumer preference for faster delivery options. The statistics suggest that the Express Delivery industry in Brazil is experiencing significant growth opportunities and has the potential for further expansion in the coming years.
DHL Express controlled around 40% of Europe’s international express delivery market volume in 2017.
The statistic indicates that DHL Express held a dominant position in Europe’s international express delivery market in 2017, controlling approximately 40% of the total market volume. This suggests that DHL Express was a major player in the industry, outperforming its competitors and holding a significant share of the market. The high market share implies that DHL Express was likely a trusted and preferred choice for customers needing international express delivery services throughout Europe during that time period.
The African courier, express, and parcel market is set to grow at a CAGR of 8.8% from 2021-2026.
This statistic indicates that the African courier, express, and parcel market is projected to experience significant growth over the period from 2021 to 2026, with a Compound Annual Growth Rate (CAGR) of 8.8%. This implies that the market size for courier, express, and parcel services in Africa is expected to expand at a steady annual rate of 8.8% during this period. Such growth is likely driven by various factors such as increasing e-commerce activities, urbanization, rising middle-class population, and improvements in logistics infrastructure across the continent. The CAGR provides a useful measure of the potential growth rate and allows stakeholders to assess investment opportunities and market trends over the forecasted period.
The Australian courier industry employs around 30,167 people as of 2021.
The statistic indicates that as of 2021, the Australian courier industry provides employment to approximately 30,167 individuals. This figure represents the number of people directly employed within the industry, including drivers, administrative staff, managers, and other roles related to courier services. By quantifying the workforce size, the statistic offers insight into the scale and significance of the courier industry as a source of employment opportunities in Australia. This information is valuable for understanding the industry’s contribution to the labor market and economy, as well as for monitoring trends in employment within the sector over time.
The Canadian courier, express, and parcel market is expected to grow with a CAGR of more than 6% during the forecast period 2021-2026.
This statistic indicates that the Canadian courier, express, and parcel market is projected to experience significant growth over the period from 2021 to 2026, with a Compound Annual Growth Rate (CAGR) exceeding 6%. The CAGR is a measure of the average annual growth rate of the market during this period. A CAGR of more than 6% suggests a strong upward trend in the market size and overall industry performance. This growth is likely driven by various factors such as increasing e-commerce activities, growing demand for faster delivery services, and advancements in technology that enhance operational efficiencies in the logistics sector. Businesses operating in this market may benefit from opportunities for expansion and increased revenue as a result of this projected growth.
Conclusion
From the analysis of courier industry statistics presented in this blog post, it is evident that the courier industry is experiencing significant growth and evolution. The rise of e-commerce, technological advancements, and changing consumer preferences are driving this industry forward. As businesses continue to rely on couriers for timely and efficient delivery services, it is crucial for companies to adapt to these changing trends in order to remain competitive in the market. Keep an eye on these key statistics and trends to stay informed and make strategic decisions for your courier business.
References
0. – https://www.www.mordorintelligence.com
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2. – https://www.www.grandviewresearch.com
3. – https://www.www.chinainternetwatch.com
4. – https://www.www.ibisworld.com
5. – https://www.www.business-standard.com
6. – https://www.www.statista.com
7. – https://www.www.prweb.com
