About Domestic Express Service
Domestic Express service simply implies that package will arrive faster than normal.Express Delivery is a term used by some couriers to describe specific services. Domestic Express Services are used to deliver documents and small packages inside the country. The fastest mode of shipment is express delivery. The consumer must pay an additional shipping fee for this method of delivery, as the shipment will take anywhere from 24 to 72 hours to reach him. Express delivery is the quickest form of delivery. Domestic Express provides dependable door-to-door options for time-sensitive shipments that must be delivered anywhere in the country.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
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 Chines Vendors will contribute the maximum growth to Global Domestic Express Service market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
UNITED PARCEL SERVICE (UPS) (United States), DEUTSCHE POST AG (Germany), FEDEX CORPORATION (United States), S.F. HOLDING (China), JD LOGISTICS (China), ZTO EXPRESS (CAYMAN) (China), YAMATO HOLDINGS (Japan), YUNDA HOLDING (China), ROYAL MAIL (United Kingdom) and YTO EXPRESS GROUP (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are POSTNL (Netherlands), DELHIVERY (India), BLUE DART EXPRESS (India), BPOST SA/NV (Belgium) and FREIGHTWAYS (New Zealand).
Segmentation Overview
AMA Research has segmented the market of Global Domestic Express Service market by , Application (Non Documented, Documented, Dutiable Items, Healthcare, Food and Other) and Region.
On the basis of geography, the market of Domestic Express Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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 Functionality, the sub-segment i.e. Internet-Based Track And Trace System will boost the Domestic Express Service 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. Railways will boost the Domestic Express Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Payment Mode, the sub-segment i.e. Online will boost the Domestic Express Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Services (BFSI (Banking, Financial Services, and Insurance)) will boost the Domestic Express Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase In Investment In RD To Develop Service
Market Growth Drivers:
Increasing Demand From E commerce Industry Has Fuels The Growth Express Service and Increasing Online Purchasing Of Product Is Growing The Demand Of Express Service
Challenges:
High Cost Associated To Domestic Express Service
Restraints:
Presence Of Local Courier Services
Opportunities:
Government Regulations And Initiatives and Expansion Of Courier Service Industry
Market Leaders and their expansionary development strategies
On 2 august 2021, The IPO bound new age domestic logistics giant and supply chain firm, Delhivery, backed by the likes of Softbank, Tiger Global Management and Carlyle, has signed an agreement to acquire a 100 percent stake in rival express logistics player Spoton Logistics.
On7 April 2021, DHL Global Forwarding (DHL GF) has expanded its presence in Africa by teaming up with Unicargas, a cargo carrier based in Angola.The five-year partnership will facilitate the movement of exported Angolan goods, carried by DHL GF, to Europe and the US – markets that make up 20% of exports from the country.
Key Target Audience
Domestic Express Service Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private 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.