About International Express Service
International express service provides the door to door delivery of parcels and documents across the globe. It involves collecting the consignment, completing the security and custom requirements, paying any duties and handing the package. International express service is an efficient method to send the parcel overseas. It also allows tracking of shipment and it is flexible, reliable and secure. In addition to this, this service provides various options such as next business day delivery, delivery within 5 days, business delivery via ground and many more.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global International Express Service market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FedEx (United States), DHL (Germany), UPS (United States), Royal Mail (United Kingdom), China Post (China), Japan Post Group (Japan), SF Express (China), Banco Posta (Italy), YTO Expess (China) and ZTO Express (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are STO Express (China), Yunda Express (Canada) and Aramex (United Arab Emirates).
Segmentation Overview
AMA Research has segmented the market of Global International Express Service market by Type (Business to Business (B2B), Business to Consumer (B2C) and Customer to Customer (C2C)) and Region.
On the basis of geography, the market of International Express Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Additional service type, the sub-segment i.e. Insurance will boost the International Express Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Tracking tool, the sub-segment i.e. Website will boost the International Express Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Freight transport, the sub-segment i.e. Air will boost the International Express Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offerings, the sub-segment i.e. Fastest possible delivery will boost the International Express Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Internet Penetration is Leading to Access of Tracking Tools
Market Growth Drivers:
Increasing Demand From Customer to Customer Segments and Growing International Trade is Fueling the Market
Challenges:
High Costs Associated with International Express Services
Restraints:
Lockdown imposed by governments due to COVID 19 is affecting the transport industry. Due to non-availability of transport, the international express services are forced to suspend the operations as the goods are piling up as the cargo terminals.
Opportunities:
Increasing Promotional Activities is boosting the Market
Market Leaders and their expansionary development strategies
In June 2022, Worldnet International, a leading premium cross-border logistics company catering to the fashion and luxury industries, has acquired Delivery By Express (DBE) Srl, a Milan based Italian domestic and cross-border logistics company catering to the same industries, and who has also been Worldnet's service partner in Italy for several decades.
In January 2024, JD.com’s logistics arm has launched an international express delivery service from China to North America and Europe,The service, offered through JD Logistics, is currently available for individuals in Shenzhen and Guangzhou, with doorstep pickups handled by in-house couriers. It will initially cover deliveries in 23 countries in North America and Europe.
Key Target Audience
International Express service providers, Freight forwarding company, Government associations, Research organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.