North America Courier Express and Parcel Market Size and Forecast, Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Business Type, Product Type, Destination, Mode of Transport, End User, and Country

Description

List of Tables

The North America courier express and parcel market was valued at US$ 218.80 billion in 2022 and is projected to reach US$ 330.56 billion by 2030; it is expected to register a CAGR of 5.5% during 2022-2030.

Modernization and Automation of Depots is Driving the Courier Express and Parcel Market

The parcel delivery companies are modernizing their infrastructures to increase efficiency by implementing advanced technologies in their systems. For instance, in June 2022, GLS and DHL implemented automation to accelerate parcel sorting. In June 2022, GLS equipped its facility center in Hayward (California) with an automated sorting system. This automated system is integrated with advanced technologies such as Artificial Intelligence and machine learning to scan, weigh, and measure up to 5,000 parcels per hour without human intervention. Further, DHL has planned to deploy 1,000 robots by 2025 across its facilities in the world. Such factors are driving the growth of courier express and parcel market.

In September 2023, FedEx began researching the use of AI-powered robots in collaboration with Dexterity AI robotics company to load its ground units to the trailers efficiently. Dexterity provided an AI robot that autonomously loads the parcel on a trailer. It feeds boxes directly to the sortation system from the facility. FedEx has pursued an automated package handling system for its operations, including unloading and loading.

In November, 2023, United Parcel Service, Inc. opened advanced warehouse with 900,000 square foot facility in USA. The company operated with more than 3,000 automated robots for the heavy parcel lifting. The warehouse initially employed 200 workers. The warehouse was located on the outskirts of Louisville, Kentucky, US.

Such, increase in the adoption of the advanced technologies-based robots and rising development of the automatic material handling systems by the players is expected to create ample opportunity for the courier express and parcel market growth.

The US courier express and parcel market held the largest share in 2022, owing to an increase in online shopping and Internet users. According to The Insight Partners' estimate, more than 70% of people in North America shop online. In 2022, there were around 268 million digital buyers across the US. Parcel volume shipment in the US reached around 21.2 billion in 2022. This equates to approximately 674 parcels generated per second, which is around 58 million parcels each day. Parcel revenue in the US reached US$ 198.0 billion in 2022, which increased by 6.5% compared to 2021. Parcels generated per person in the US reached 64, and parcels generated per household reached 162. The companies are expanding their capabilities by implementing automation in parcel delivery systems. For instance, in June 2023, GLS developed partnerships to enhance its US coverage through parcel carrier partnerships. The company partnered with several courier express and parcel market players, including Lone Star Overnight, Better Trucks, United Delivery Service, and Courier Express. It allowed the GLS to reach several markets in states such as Illinois, Texas, Ohio, Georgia, Wisconsin, and Florida. Further, UPS delivers more than 27 million packages per day and 25 billion packages per year.

United Parcel Service Inc, Purolator Inc, TForce Logistics LLC, Lone Star Overnight LLC, Amazon.com Inc, Deutsche Post AG, Intelcom Courrier Canada Inc, Updater Services Ltd., Better Trucks Inc, OnTrac Logistics Inc, Canada Post Corp, Canpar Express Inc, General Logistics Systems BV, FedEx Corp, and Pitney Bowes Inc are the key courier express and parcel market players profiled during the market study. In addition to these players, several other important companies were studied and analyzed during this market research study to get a holistic overview of the North America courier express and parcel market.

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Product Code: TIPRE00033415

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness, By Country

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Courier Express and Parcel Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 E-Commerce/Retailers:
- 4.3.2 Logistics Companies/Retailers/Individuals/Businesses:
- 4.3.3 Customers/Businesses:
- 4.3.4 List of Courier Express and Parcel Suppliers

5. Courier Express and Parcel Market - Key Industry Dynamics

5.1 Courier Express and Parcel Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Increasing E-Commerce Retail Sales with Surge in Internet Users
- 5.2.2 Growth of Transportation and Logistics Sectors
- 5.2.3 Rising Partnerships between Retailers and Delivery Partners
5.3 Market Restraints
- 5.3.1 High Cost of Parcel Deliveries and Labor Shortage
5.4 Market Opportunities
- 5.4.1 Modernization and Automation of Depots
5.5 Future Trends
- 5.5.1 Deployment of Digital Tools and Parcel Lockers for Better Delivery
5.6 Impact of Drivers and Restraints:

6. Courier Express and Parcel Market - North America Market Analysis

6.1 Courier Express and Parcel Market Revenue (US$ Billion), 2022 - 2030
6.2 Courier Express and Parcel Market Forecast and Analysis

7. Courier Express and Parcel Market Analysis - Business Type

7.1 B2C
- 7.1.1 Overview
- 7.1.2 B2C Market, Revenue and Forecast to 2030 (US$ Billion)
- 7.1.3 B2B
  - 7.1.3.1 Overview
  - 7.1.3.2 B2B Market, Revenue and Forecast to 2030 (US$ Billion)
- 7.1.4 C2C
  - 7.1.4.1 Overview
  - 7.1.4.2 C2C Market, Revenue and Forecast to 2030 (US$ Billion)

8. Courier Express and Parcel Market Analysis - Product Type

8.1 IMP Documents
- 8.1.1 Overview
- 8.1.2 IMP Documents Market Revenue, and Forecast to 2030 (US$ Billion)
8.2 Parcel
- 8.2.1 Overview
- 8.2.2 Parcel Market Revenue, and Forecast to 2030 (US$ Billion)

9. Courier Express and Parcel Market Analysis - Destination

9.1 Domestic
- 9.1.1 Overview
- 9.1.2 Domestic Market Revenue, and Forecast to 2030 (US$ Billion)
9.2 International
- 9.2.1 Overview
- 9.2.2 International Market Revenue, and Forecast to 2030 (US$ Billion)

10. Courier Express and Parcel Market Analysis - Mode of Transport

10.1 Groundways
- 10.1.1 Overview
- 10.1.2 Groundways Market Revenue, and Forecast to 2030 (US$ Billion)
10.2 Waterways
- 10.2.1 Overview
- 10.2.2 Waterways Market Revenue, and Forecast to 2030 (US$ Billion)
10.3 Airways
- 10.3.1 Overview
- 10.3.2 Airways Market Revenue, and Forecast to 2030 (US$ Billion)

11. Courier Express and Parcel Market Analysis - End-users

11.1 BFSI
- 11.1.1 Overview
- 11.1.2 BFSI Market Revenue, and Forecast to 2030 (US$ Billion)
11.2 Retail
- 11.2.1 Overview
- 11.2.2 Retail Market Revenue, and Forecast to 2030 (US$ Billion)
11.3 Manufacturing and Construction
- 11.3.1 Overview
- 11.3.2 Manufacturing and Construction Market Revenue, and Forecast to 2030 (US$ Billion)
11.4 Others
- 11.4.1 Overview
- 11.4.2 Others Market Revenue, and Forecast to 2030 (US$ Billion)

12. Courier Express and Parcel Market Analysis - Retail

12.1 E-Commerce
- 12.1.1 Overview
- 12.1.2 E-Commerce Market Revenue, and Forecast to 2030 (US$ Billion)
12.2 Mass Marchant
- 12.2.1 Overview
- 12.2.2 Mass merchant Market Revenue, and Forecast to 2030 (US$ Billion)
12.3 Toys/Hobbies
- 12.3.1 Overview
- 12.3.2 Toys/Hobbies Market Revenue, and Forecast to 2030 (US$ Billion)
12.4 Jewellery
- 12.4.1 Overview
- 12.4.2 Jewellery Market Revenue, and Forecast to 2030 (US$ Billion)
12.5 Office Supplies
- 12.5.1 Overview
- 12.5.2 Office Supplies Market Revenue, and Forecast to 2030 (US$ Billion)
12.6 Health and Beauty
- 12.6.1 Overview
- 12.6.2 Health and Beauty Market Revenue, and Forecast to 2030 (US$ Billion)
12.7 Pharmaceutical
- 12.7.1 Overview
- 12.7.2 Pharmaceutical Market Revenue, and Forecast to 2030 (US$ Billion)
12.8 Food and Beverage
- 12.8.1 Overview
- 12.8.2 Food and Beverage Market Revenue, and Forecast to 2030 (US$ Billion)
12.9 Apparel
- 12.9.1 Overview
- 12.9.2 Apparel Market Revenue, and Forecast to 2030 (US$ Billion)
12.10 Consumer Electronics
- 12.10.1 Overview
- 12.10.2 Consumer Electronics Market Revenue, and Forecast to 2030 (US$ Billion)
12.11 Others
- 12.11.1 Overview
- 12.11.2 Others Market Revenue, and Forecast to 2030 (US$ Billion)

13. Courier Express and Parcel Market Analysis - Manufacturing and Construction

13.1 Automotive Parts and Accessories
- 13.1.1 Overview
- 13.1.2 Automotive Parts and Accessories Market Revenue, and Forecast to 2030 (US$ Billion)
13.2 Hardware/Home Improvement
- 13.2.1 Overview
- 13.2.2 Hardware/Home Improvement Market Revenue, and Forecast to 2030 (US$ Billion)
13.3 Houseware and Home Furnishings
- 13.3.1 Overview
- 13.3.2 Houseware and Home Furnishings Market Revenue, and Forecast to 2030 (US$ Billion)
13.4 Specialty
- 13.4.1 Overview
- 13.4.2 Specialty Market Revenue, and Forecast to 2030 (US$ Billion)
13.5 Others
- 13.5.1 Overview
- 13.5.2 Others Market Revenue, and Forecast to 2030 (US$ Billion)

14. North America Courier Express and Parcel Market - Country Analysis

14.1 Overview
14.2 US
- 14.2.1 US Courier Express and Parcel Market Overview
  - 14.2.1.1 US Courier Express and Parcel Market Revenue and Forecasts to 2030 (US$ Bn)
- 14.2.2 US Courier Express and Parcel Market Breakdown by Business Type
  - 14.2.2.1 US Courier Express and Parcel Market Breakdown by Business Type
- 14.2.3 US Courier Express and Parcel Market Breakdown by Product Type
  - 14.2.3.1 US Courier Express and Parcel Market Breakdown by Product Type
- 14.2.4 US Courier Express and Parcel Market Breakdown by Destination
  - 14.2.4.1 US Courier Express and Parcel Market Breakdown by Destination
- 14.2.5 US Courier Express and Parcel Market Breakdown by Mode of Transport
  - 14.2.5.1 US Courier Express and Parcel Market Breakdown by Mode of Transport
- 14.2.6 US Courier Express and Parcel Market Breakdown by End-user
  - 14.2.6.1 US Courier Express and Parcel Market Breakdown by End-users
- 14.2.7 US Courier Express and Parcel Market Breakdown by Retail
  - 14.2.7.1 US Courier Express and Parcel Market Breakdown by Retail
- 14.2.8 US Courier Express and Parcel Market Breakdown by Manufacturing and Construction
  - 14.2.8.1 US Courier Express and Parcel Market Breakdown by Manufacturing and Construction
14.3 Canada
- 14.3.1 Canada Courier Express and Parcel Market Overview
  - 14.3.1.1 Canada Courier Express and Parcel Market Revenue and Forecasts to 2030 (US$ Bn)
- 14.3.2 Canada Courier Express and Parcel Market Breakdown by Business Type
  - 14.3.2.1 Canada Courier Express and Parcel Market Breakdown by Business Type
- 14.3.3 Canada Courier Express and Parcel Market Breakdown by Product Type
  - 14.3.3.1 Canada Courier Express and Parcel Market Breakdown by Product Type
- 14.3.4 Canada Courier Express and Parcel Market Breakdown by Destination
  - 14.3.4.1 Canada Courier Express and Parcel Market Breakdown by Destination
- 14.3.5 Canada Courier Express and Parcel Market Breakdown by Mode of Transport
  - 14.3.5.1 Canada Courier Express and Parcel Market Breakdown by Mode of Transport
- 14.3.6 Canada Courier Express and Parcel Market Breakdown by End-users
  - 14.3.6.1 Canada Courier Express and Parcel Market Breakdown by End-users
- 14.3.7 Canada Courier Express and Parcel Market Breakdown by Retail
  - 14.3.7.1 Canada Courier Express and Parcel Market Breakdown by Retail
- 14.3.8 Canada Courier Express and Parcel Market Breakdown by Manufacturing and Construction
  - 14.3.8.1 Canada Courier Express and Parcel Market Breakdown by Manufacturing and Construction
14.4 Mexico
- 14.4.1 Mexico Courier Express and Parcel Market Overview
  - 14.4.1.1 Mexico Courier Express and Parcel Market Revenue and Forecasts to 2030 (US$ Bn)
- 14.4.2 Mexico Courier Express and Parcel Market Breakdown by Business Type
  - 14.4.2.1 Mexico Courier Express and Parcel Market Breakdown by Business Type
- 14.4.3 Mexico Courier Express and Parcel Market Breakdown by Product Type
  - 14.4.3.1 Mexico Courier Express and Parcel Market Breakdown by Product Type
- 14.4.4 Mexico Courier Express and Parcel Market Breakdown by Destination
  - 14.4.4.1 Mexico Courier Express and Parcel Market Breakdown by Destination
- 14.4.5 Mexico Courier Express and Parcel Market Breakdown by Mode of Transport
  - 14.4.5.1 Mexico Courier Express and Parcel Market Breakdown by Mode of Transport
- 14.4.6 Mexico Courier Express and Parcel Market Breakdown by End-user
  - 14.4.6.1 Mexico Courier Express and Parcel Market Breakdown by End-users
- 14.4.7 Mexico Courier Express and Parcel Market Breakdown by Retail
  - 14.4.7.1 Mexico Courier Express and Parcel Market Breakdown by Retail
- 14.4.8 Mexico Courier Express and Parcel Market Breakdown by Manufacturing and Construction
  - 14.4.8.1 Mexico Courier Express and Parcel Market Breakdown by Manufacturing and Construction

15. Courier Express and Parcel Market - Impact of COVID-19 Pandemic

15.1 Pre & Post Covid-19 Impact

16. Competitive Landscape

16.1 Heat Map Analysis by Key Players
16.2 Company Positioning & Concentration

17. Industry Landscape

17.1 Overview
17.2 Market Initiative
17.3 Mergers & Acquisitions

18. Company Profiles

18.1 United Parcel Service Inc
- 18.1.1 Key Facts
- 18.1.2 Business Description
- 18.1.3 Products and Services
- 18.1.4 Financial Overview
- 18.1.5 SWOT Analysis
- 18.1.6 Key Developments
18.2 Purolator Inc
- 18.2.1 Key Facts
- 18.2.2 Business Description
- 18.2.3 Products and Services
- 18.2.4 Financial Overview
- 18.2.5 SWOT Analysis
- 18.2.6 Key Developments
18.3 TForce Logistics LLC
- 18.3.1 Key Facts
- 18.3.2 Business Description
- 18.3.3 Products and Services
- 18.3.4 Financial Overview
- 18.3.5 SWOT Analysis
- 18.3.6 Key Developments
18.4 Lone Star Overnight LLC
- 18.4.1 Key Facts
- 18.4.2 Business Description
- 18.4.3 Products and Services
- 18.4.4 Financial Overview
- 18.4.5 SWOT Analysis
- 18.4.6 Key Developments
18.5 Amazon.com Inc
- 18.5.1 Key Facts
- 18.5.2 Business Description
- 18.5.3 Products and Services
- 18.5.4 Financial Overview
- 18.5.5 SWOT Analysis
- 18.5.6 Key Developments
18.6 Deutsche Post AG
- 18.6.1 Key Facts
- 18.6.2 Business Description
- 18.6.3 Products and Services
- 18.6.4 Financial Overview
- 18.6.5 SWOT Analysis
- 18.6.6 Key Developments
18.7 Intelcom Courrier Canada Inc
- 18.7.1 Key Facts
- 18.7.2 Business Description
- 18.7.3 Products and Services
- 18.7.4 Financial Overview
- 18.7.5 SWOT Analysis
- 18.7.6 Key Developments
18.8 Updater Services Ltd.
- 18.8.1 Key Facts
- 18.8.2 Business Description
- 18.8.3 Products and Services
- 18.8.4 Financial Overview
- 18.8.5 SWOT Analysis
- 18.8.6 Key Developments
18.9 Better Trucks Inc
- 18.9.1 Key Facts
- 18.9.2 Business Description
- 18.9.3 Products and Services
- 18.9.4 Financial Overview
- 18.9.5 SWOT Analysis
- 18.9.6 Key Developments
18.10 OnTrac Logistics Inc
- 18.10.1 Key Facts
- 18.10.2 Business Description
- 18.10.3 Products and Services
- 18.10.4 Financial Overview
- 18.10.5 SWOT Analysis
- 18.10.6 Key Developments
18.11 Canada Post Corp
- 18.11.1 Key Facts
- 18.11.2 Business Description
- 18.11.3 Products and Services
- 18.11.4 Financial Overview
- 18.11.5 SWOT Analysis
- 18.11.6 Key Developments
18.12 Canpar Express Inc
- 18.12.1 Key Facts
- 18.12.2 Business Description
- 18.12.3 Products and Services
- 18.12.4 Financial Overview
- 18.12.5 SWOT Analysis
- 18.12.6 Key Developments
18.13 General Logistics Systems BV
- 18.13.1 Key Facts
- 18.13.2 Business Description
- 18.13.3 Products and Services
- 18.13.4 Financial Overview
- 18.13.5 SWOT Analysis
- 18.13.6 Key Developments
18.14 FedEx Corp
- 18.14.1 Key Facts
- 18.14.2 Business Description
- 18.14.3 Products and Services
- 18.14.4 Financial Overview
- 18.14.5 SWOT Analysis
- 18.14.6 Key Developments
18.15 Pitney Bowes Inc
- 18.15.1 Key Facts
- 18.15.2 Business Description
- 18.15.3 Products and Services
- 18.15.4 Financial Overview
- 18.15.5 SWOT Analysis
- 18.15.6 Key Developments

19. Appendix

19.1 Word Index