About International Courier
The global international courier market is affected by the Novel Coronavirus (COVID-19) outbreak, restrictions on international transport, traffic in individual regions and border controls that may affect the delivery time or even prevent delivery. Restrictions and delays for some geographies began to appear. The demand for imported goods and home delivery facilities will continue to steadily drive the market. With the automation in courier services, safety and advancements in the transportation industry, the market can expect some opportunities. The international courier service is shipping and delivery services offered worldwide with the insured and non-insured package offered. This courier service is used for personal as well as commercial purposes. Industries like healthcare, pharmaceutical, e-commerce, automotive, etc use international courier services widely.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. 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 Corporation (United States), DHL International GmbH (Germany), Aramex (UAE), United Parcel Service Inc. (UPS) (United States), DPDgroup (France), ParcelHero (United Kingdom), Planet International Courier (India), TNT Express (Netherlands), EMS (Express Mail Service) (United States), Postaplus, Inc. (Kuwait), Japan Post Holdings Co., Ltd (Japan), YRC Worldwide Inc. (United States) and DB Schenker (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global International Courier market by Type (Insured Package and Non-insured Package), Application (Personal, Business and Government and Organization) and Region.
On the basis of geography, the market of International Courier 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 Industry Verticals, the sub-segment i.e. Healthcare will boost the International Courier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode of Transportation, the sub-segment i.e. Land Transportation will boost the International Courier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Advent of AI and Automation in International Courier Market, The Emerging Tracking and Tracing Services and Collaborative Transportation Management in International Courier
Market Growth Drivers:
Demand for Imported Goods from Foreign Countries and Increasing Demand for International Home Delivery Facility
Challenges:
The Technological Errors and Issues with International Courier Management and Problems with International Returns might be the Hindrance
Restraints:
Huge Impact of Prevailing COVID-19 Pandemic Hindering the International Courier Market
Opportunities:
Technological Advancement in International Courier Services and Surging E-commerce Industry Worldwide will Boost the International Courier Market
Market Leaders and their expansionary development strategies
On 24th March 2020, International Courier service provider DPD Germany is expanding its services during the coronavirus pandemic and is continuing to provide reliable deliveries. DPD is protecting the health of both delivery personnel and consignees with new processes for contact-free parcel delivery, and at the same time ensuring that parcel shipping throughout Germany is fully safeguarded. From tomorrow, Wednesday, the company’s network of Pickup parcel shops, which were temporarily unavailable due to the closure of numerous shops ordered by the authorities, will gradually be opened for business again.
On 16th December 2019, Posta Plus announced the expansion and launch of new services in Oman. This expansion is planned to deploy innovative shipping and logistics concepts in the MENA region and worldwide. According to the company, Oman is a promising market for logistics companies as its e-commerce sector is growing and the country’s government plans to improve the logistics industry in the region. Posta Plus’s new services in Oman include a ‘cash on delivery’ solution, which offers customers a convenient delivery experience.
"WHO, as at 3rd March 2020, has not currently recommended any international travel or trade restrictions, and according to the IHR (and other international regulations) ships shall not be refused ‘free pratique’ by the IHR state parties for public health reasons, i.e. permission to enter a port, embark or disembark discharge or load cargo or stores. The IHR states Parties may subject granting free pratique to inspection, and, if a source of infection or contamination is found on board, conduct necessary, disinfection, decontamination, disinfection or deratting, or other measures necessary to prevent the spread of the infection or contamination. The reality is that shipping companies may have little choice but to adhere to these national and local restrictions due to the serious concern about COVID-19 and the potential risk to public health."
Key Target Audience
International Courier Service Providers, Potential Investors, Regulatory Bodies, Research Institutes 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.