On-Demand Delivery Of Couriers

The global couriers and messengers market, a part of the transportation service industry, grew at a compound annual growth rate (CAGR) of around 2% during the historic period. The transportation service industry showed a steady growth. This market has registered steady growth rate in the historic period due to increased globalization, growth in the e-commerce industry in both developed and developing economies.

In the forecast period, the global couriers and messengers market size is expected to be over $500 billion by 2021, growing at a CAGR of nearly 3%. This is expected due to increasing demand for courier services e-commerce companies in emerging economies such as China and India and growth in demand for on demand delivery services in the forecast period. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global couriers and messengers market in the future.

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Courier service providers are now offering on-demand delivery services for faster and efficient delivery of parcels. On-demand delivery provides customers with a flexible option of getting packages delivered at their convenient time and place. This service can also be integrated with point-of-sale systems and ecommerce platforms which enable courier companies to efficiently manage their operations, and thus is a cheaper, faster and more reliable mode of parcel delivery.

Major companies in the couriers and messengers market, offering new technology include Deutsche Post DHL Group, United Parcel Service, FedEx, Japan Post Holdings, Schenker AG, Royal Mail, TNT Express, PostNL, Aramex, and Blue Dart

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The couriers and messengers industry provides tracked, guaranteed express delivery services of small packages and parcels and local messenger services, in metropolitan areas, urban centers or international destinations.

The top five companies covered are Deutsche Post DHL Group, United Parcel Service, FedEx, Japan Post Holdings and Schenker AG. Deutsche Post DHL Group was the largest company in the couriers and messengers market in 2017.

The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.

The couriers and messengers market is segmented into Domestic and International.

Domestic includes organizations that provide courier services, and product delivery services within a particular country.

International includes organizations that provide air, surface or combined courier delivery services; express messenger and delivery services; parcels, documents and packages; and delivery of time-sensitive and high-value-to-weight products from one country to another country worldwide.

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