The express delivery market size is projected to reach US$ 551.8 billion by 2031 from US$ 320.6 billion in 2023. The market is expected to register a CAGR of 7.0% in 2023–2031. The rapid growth of the e-commerce industry across the globe, the rise in online sales customer base, and the adoption of express delivery across the globe are among the factors driving the express delivery market. The express delivery market is expected to experience considerable growth during the analyzed timeframe, owing to the rising adoption of e-commerce among the global population.
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Top Key Major Players:-
- DHL International GmbH
- United Parcel Service of America, Inc.
- DSV A/S
- FedEx Corporation
- Geodis SA
- ARAMEX
- SF Holding Co., Ltd.
- Nippon Express
- Yamato Holdings Co., Ltd.
- A-1 Express Delivery Service Inc.