Industry Background:
Small Parcel Deliveries (SPD) are made up of units packed in separate boxes, with each box tagged for delivery. Parcels, sometimes known as little parcels, are distinct from other sorts of shipping. Small package orders are retrieved from the customer's preferred pick-up or drop-off location, then sorted and prepped for transit and (finally) ultimate delivery. Individual small package shipments, unlike freight shipping, which requires boxes to be put on pallets before being loaded onto a truck, maybe moved without assistance, and are loaded straight onto carrier vehicles alongside other parcel shipments.This growth is primarily driven by Growing Popularity of E-Commerce
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Air Freight & Logistics sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as DHL (Germany), Amazon (United States), C. H. Robinson (United States), Hermès (France), Packlink (Spain), Posti Group (Finland), 3PL Central (United States), DTDC (India), Parcelforce Worldwide (United Kingdom) and Blue Dart Express (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In April 2019 DHL released a statement announcing the product launch of DHL Päckchen XS International. DHL introduced the new service for private clients who want to transport small items weighing up to 2 kilos and fitting within certain size constraints. The DHL Päckchen XS will be a welcome addition to the company's existing product line for larger-format international packages and deliveries.The demand for Small Parcel Delivery is increasing due to the rise in e-commerce and online shopping with each passing day. The Companies in this industry are facing fierce competition. Many global and regional service providers compete directly with industry leaders in this field. It has been identified that market-leading players are investing heavily in technological development, resource utilization to boost the market position.
Influencing Trend:
Rapid Development of Drone Delivery and Increase in Usage of Eco-Friendly Packaging
Market Growth Drivers:
Growing Popularity of E-Commerce and The Rise in Demand for Gig Economy and Crowdsourcing Apps
Challenges:
Cost of Delivery Services are Very Expensive and Late Deliveries Due to Traffic, Bad Weather or Vehicle Issues Increases Business Costs
Restraints:
The Current Pandemic has Adversely Affected Delivery Companies
Opportunities:
The Emergence of Omnichannel Distribution and Rise of Last-Mile Delivery
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Small Parcel Delivery Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Small Parcel Delivery Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Small Parcel Delivery players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Small Parcel Delivery Study Sheds Light on
The Small Parcel Delivery Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Small Parcel Delivery industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Small Parcel Delivery industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.