Market Share of Asia-Pacific Postal Services Industry
The competitive landscape of the Asia-Pacific postal services market is observed to be somewhat consolidated, with few major players operating in the market. Because major government-owned businesses capture a major portion of the Asia-Pacific postal services market, there is less room for small and medium-sized local players to compete in the market. However, the Asia-Pacific postal services market offers potential for expansion throughout the forecast, which is anticipated to increase market competitiveness.
- In the Asia-Pacific region, parcels and logistics outperform letter posts in terms of proportion of revenue, thus effectively constituting core business. At the same time, the contribution of postal financial services has not changed significantly over the last decade.
- The Asia-Pacific postal and delivery sector is significant to the region's economy but should not be taken for granted, given the important transformations it is going through. To ensure that a viable postal operator is going forward, the postal regulatory paradigm must be kept in sync by the major players with changing market realities, shifting the priority of policies from the promotion of competition to the sustainability of the sector, accounting for national market realities.
- DTDC EXPRESS LTD, FedEx, DHL, and India Post are some of the leading players operating in the Asia-Pacific postal services market.
- Some other major players in the market include China Post Group Corporation, Japan Post Co. Ltd, Singapore Post Limited, Korea Post, Australian Postal Corporation, Pos Malaysia Berhad, NZ Post, Pos Indonesia, Thailand Post, and Hongkong Post.
APAC Postal Services Market Leaders
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DTDC EXPRESS LTD
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FedEx
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DHL
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India Post
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Japan Post Co., Ltd.
*Disclaimer: Major Players sorted in no particular order
