Asia-Pacific Courier Industry Size, Growth, Demand, Opportunities and Forecast By 2028
Asia-Pacific Courier Industry Size, Growth, Demand, Opportunities and Forecast By 2028
The data, information, statistics, facts and figures covered in the superior Asia-Pacific Courier report lends a hand to Asia-Pacific Courier industry in maximizing or minimizing the production of goods depending on the conditions of demand. Unsurpassed and well-established tools and techniques such as SWOT analysis and Porter’s Five Forces analysis have been used in the whole report for the purpose of forecasting, analysis and estimations. The estimations of CAGR values are quite significant which aids businesses to decide upon the investment value over the time period. Thus, the transparent, consistent and extensive market information of Asia-Pacific Courier business report will definitely develop the business and perks up return on investment (ROI).
The market research data included in the large-scale Asia-Pacific Courier market research report is analysed and forecasted using market statistical and coherent models. The key research methodology used here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Asia-Pacific Courier is a proficient and comprehensive report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis. A lot of hard work has been put together and no stone is left unturned while generating this market research report.
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Asia-Pacific courier market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.7% in the forecast period of 2021 to 2028 and expected to reach USD 215,355.27 million by 2028. Increasing adoption of multiple services through smartphones and internet services acting as major factor for the growth of the market.
Courier involves delivering messages, packages and parcels from one person to another by using various modes of transportation. The delivery is made by using multiple modes of transportation such as roadways, waterways and airways. Courier services involve the whole process of picking up the parcel and providing it to the concerned person.
The major players covered in the report FedEx, Deutsche Post AG, United Parcel Service of America, Inc., Yamato Transport Co., Ltd. (A Subsidiary of YAMATO HOLDINGS CO., LTD.), Aramex, Singapore Post Limited, SF Express, Sagawa Express Co.,Ltd. (A Subsidiary of SG Holdings Co., Ltd.), Qantas Airways Limited, Allied Express, Unique Air Express, Gati-Kintetsu Express Private Limited, DTDC Express Limited, Hermes Europe GmbH, GEODIS and Delhivery Pvt Ltd among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Asia-Pacific Courier Market Scope and Market Size:
Asia-Pacific courier market is segmented on the basis of type, delivery mode, customer type, destination and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the Asia-Pacific courier market has been segmented into outbound and inbound. In 2021, the inbound held a larger share in the market, due to the large volume of shipments transported among the companies, wholesalers and retailers across the Asia pacific region.
On the basis of delivery mode, the Asia-Pacific courier market has been segmented into normal delivery and express delivery. In 2021, normal delivery held a larger share in the market, as customers of Asia-Pacific regions are more concerned about shipping costs, as compared to delivery speed, which is the major factor responsible for a high share of normal delivery in this region.
On the basis of customer type, the Asia-Pacific courier market has been segmented into B2B (Business-To-Business), B2C (Business-To-Consumer) and Consumer-To-Consumer (C2C. In 2021, B2B (business to business) category held the largest share in the market. This is mainly due to increasing business activities among countries such as China, Japan, India and others.
On the basis of destination, the Asia-Pacific courier market has been segmented into domestic and international/cross-border. In 2021, domestic held a larger share in the market, attributed to the factors such as inexpensive nature of domestic shipments, ease of convenience, and shorter shipping cycle across the region.
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