Courier, Express, And Parcel Market to Register $ 141.05bn growth during 2021-2025|Technavio
The key vendors identified for 2021-2025 in the courier, express, and parcel market are A1 Express Delivery Service Inc., Allied Express Transport Pty Ltd., and Aramex International LLC
The courier, express, and parcel market growth rate is expected to record a CAGR of 7% during the forecast period. The report offers detailed analysis on latest market scenarios in terms of drivers, trends, and challenges.
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Based on the COVID-19 impact analysis done in the report, the courier, express, and parcel market is expected to experience a impact throughout the forecast period. According to the report, market growth is likely to as compared to 2020. The pandemic-focused report highlights the impact of various factors such as lockdowns, supply chain disruptions, demand destruction, and change in customer behavior during 2020.
Organizations across the globe are gradually flattening their recessionary curve by leveraging technology with the continuing spread of the novel coronavirus pandemic. Major businesses will go through response, recovery, and renew phases.
This post-pandemic business planning research will aid clients to:
- Adjusting their strategic planning to move forward once the business stability kicks in.
- Building Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Mitigating future crisis situations conceptualize scenario-based planning.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: Download Free Sample Report!
Courier, Express, And Parcel Market 2021-2025: Segmentation
Courier, express, and parcel market is segmented as below:
- Geography
- APAC
- North America
- Europe
- MEA
- South America
The courier, express, and parcel market is driven by rise in free trade agreements. In addition, other factors such as growing integration of last-mile delivery models with courier, express, and parcel companies are expected to trigger the courier, express, and parcel market toward witnessing a CAGR of over 7% during the forecast period.
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