Asia Pacific Domestic Courier Market Size

Asia Pacific Domestic Courier Market Analysis

The Asia Pacific Domestic Courier Market size is estimated at 145.71 billion USD in 2024, and is expected to reach 216.01 billion USD by 2030, growing at a CAGR of 6.78% during the forecast period (2024-2030).

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145.71 Billion

Market Size in 2024 (USD)

216.01 Billion

Market Size in 2030 (USD)

5.61 %

CAGR (2017-2023)

6.78 %

CAGR (2024-2030)

Fastest Growing Market by End User Industry

7.42 %

Projected CAGR, E-Commerce, 2024-2030

E-commerce, which is generating courier and parcel delivery demand, is rapidly expanding as major players are capitalizing on increased urbanization and the adoption of digitalization.

Fastest Growing Market by Shipment Weight

7.29 %

Projected CAGR, Light Weight Shipments, 2024-2030

The delivery of goods like fashion apparel in China and medicines in India is driving the demand for delivery services in the region.

Largest Market by Shipment Weight

55.79 %

value share, Light Weight Shipments, 2023

The delivery of goods like fashion and apparel products, medicines, and groceries is significantly generating demand for courier delivery services in the region.

Largest Market by End User Industry

34.26 %

value share, E-Commerce, 2023

E-commerce players, which generate significant courier delivery demand, are expanding partnerships with courier companies to cater to increasing demand and returning goods.

First leading Market player

13 %

market share, SF Express (KEX-SF), 2022

SF Express offers domestic courier services, including door-to-door delivery services in major cities within Asia-Pacific.

Partnerships between courier companies and e-commerce players are increasing in the region to provide better services

Australian grocery home delivery market hit USD 8.25 billion in 2023 as rise in internet user penetration

Asia Pacific Domestic Courier Industry Segmentation

Express, Non-Express are covered as segments by Speed Of Delivery. Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others are covered as segments by End User Industry. Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C) are covered as segments by Model. Australia, China, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Thailand, Vietnam are covered as segments by Country.

• Domestic courier services are becoming increasingly important in the e-commerce industry. The pandemic brought about a drastic change in shopping behavior over the past years, shifting the shopping process worldwide toward online shopping. Partnerships between courier companies and e-commerce players are increasing in the region. For instance, in March 2022, Delhivery.com, a logistics and supply chain company, announced a partnership with Ajio.com, an e-commerce company. The partnership was made to address the issue of low-quality returned items and ensure that they are reinvented for sale.
• Retailers in the region are providing domestic courier services using micro-fulfillment centers. Out-of-home (OOH) delivery has been gaining popularity across the region. For instance, in China, 60% of parcels are currently delivered on the same day using micro-fulfillment centers in cities across the country to keep up with consumer expectations. China has the biggest OOH delivery market in the world, with hundreds of thousands of locker locations, growing at a rate of 25% per year.
• The growth of domestic courier services for medical devices in the Asia-Pacific region is driven by a combination of increasing demand for healthcare services, advancements in logistics technology, and the growth of healthcare e-commerce. In addition, India, China, and Japan have established their footholds in the region, accounting for 85% of the total medical device market. Courier companies are expanding in Asia-Pacific to provide courier services for healthcare products. For instance, in April 2023, JD Logistics took a significant step toward transforming the healthcare industry in China by integrating express delivery services with Guang’anmen Hospital (GAMH).