B2B Courier Express Parcel Market Size (2024 - 2029)

The B2B Courier Express Parcel Market is projected to experience significant growth over the forecast period, driven by the increasing popularity of vertical marketplaces and the integration of big data for personalized customer experiences. The shift from legacy to cloud platforms and the creation of omnichannel relationships are key trends influencing the market's expansion. However, challenges such as larger order sizes, variable pricing, and shorter delivery times are putting pressure on existing supply chains. Despite these challenges, the market's scale and the dominance of major e-commerce players underscore its robust growth trajectory.

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Market Size of B2B Courier Express Parcel Industry

B2B Courier Express Parcel Market Summary
Study Period 2020 - 2029
Market Size (2024) USD 297.30 Billion
Market Size (2029) USD 477.78 Billion
CAGR (2024 - 2029) 9.93 %
Fastest Growing Market Europe
Largest Market Asia

Major Players

B2B Courier Express Parcel Market Major Players

*Disclaimer: Major Players sorted in no particular order

B2B Courier Express Parcel Market Analysis

The B2B Courier Express Parcel Market size is estimated at USD 297.30 billion in 2024, and is expected to reach USD 477.78 billion by 2029, growing at a CAGR of 9.93% during the forecast period (2024-2029).

Vertical or specialized marketplaces are becoming increasingly popular in B2B e-commerce. These portals provide a wider variety of products in a specific category along with specific value-added services (business-to-everyone).

Companies are increasingly leveraging big data to provide a personalized customer experience. Mobile shops are becoming increasingly popular. Cloud platforms are taking over from legacy platforms that are not designed to handle such scale.

B2B e-commerce companies are also integrating their systems and platforms to create omnichannel relationships with their clients. The lack of high-quality customer data (fewer buyers and less specialized services) is slowing down personalization efforts.

The industry’s larger scale and other challenges (such as larger order sizes, variable pricing, more products, and shorter delivery times) are putting pressure on existing supply chains.

B2B e-commerce is dominated by companies such as Alibaba, Rakuten, Unite Mercateo Global Sources, Walmart India, and Amazon Business. Amazon rebranded its B2B operations from AmazonSupply. In 2015, Amazon changed its name to Amazon Business, and in just one year, it achieved sales of more than USD 1 billion. In 2022, Amazon registered a GMV (gross merchandise value) of USD 35 billion.

B2B Courier Express Parcel Industry Segmentation

The B2B courier express parcel market refers to the business-to-business courier express parcel market. It involves the transportation and delivery of packages, documents, and goods between businesses. These services are designed to be fast, reliable, and efficient, meeting the specific needs of businesses when it comes to sending and receiving shipments.

The B2B courier express parcel market is segmented by destination (domestic and international), end user (BFSI (banking, financial services, and insurance), wholesale and retail trade, manufacturing, construction, and utilities, and primary industries (agriculture and other natural resources)) and geography (North America, Europe, Asia-Pacific, and LAMEA. The report offers market sizes and forecasts in terms of value (USD) for all the above segments.

Destination
Domestic
International
End User
Services (BFSI (Banking, Financial Services and Insurance))
Wholesale and Retail Trade (E-commerce)
Manufacturing, Construction, and Utilities
Primary Industries (Agriculture and Other Natural Resources)
Geography
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
GCC
Rest of LAMEA
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B2B Courier Express Parcel Market Size Summary

The B2B Courier Express Parcel (CEP) market is experiencing significant growth, driven by the increasing adoption of e-commerce and the integration of advanced technologies. Companies are leveraging big data, AI, and IoT to enhance customer experiences and streamline operations. The shift from legacy systems to cloud platforms is facilitating the creation of omnichannel relationships, although challenges such as variable pricing and shorter delivery times continue to pressure supply chains. Major players like Alibaba, Amazon Business, and Walmart India dominate the market, with domestic markets in regions like North America and Europe growing rapidly due to interconnectedness and lower trade barriers. The demand for personalized logistics experiences is prompting logistics platforms to innovate and expand their services.

The market is characterized by a diverse range of services offered by key players such as DHL, FedEx, and UPS, who are investing in sustainable and efficient logistics solutions. The expansion of online B2B marketplaces, influenced by the success of retail e-commerce, is creating new opportunities for growth. North America's strong economy and investment in high-tech equipment position it as a leader in B2B e-commerce, with the United States at the forefront. The healthcare sector is expected to drive further growth in courier services, reflecting the increasing demand for medical supplies and efficient delivery. The market's evolution is supported by strategic acquisitions and technological advancements, ensuring its dynamic and competitive nature.

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B2B Courier Express Parcel Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Current Market Scenario

    2. 1.2 Government Regulations and Initiatives

    3. 1.3 Technological Trends and Automation in the B2B CEP Industry

    4. 1.4 Insights into the E-commerce Industry (Domestic and International E-commerce)

    5. 1.5 Insights into Startups and Venture Capital Funding in the B2B CEP Industry

    6. 1.6 Brief on Courier Rates

    7. 1.7 Elaboration on Storage Functions and Value-added Services in the B2B CEP Business

    8. 1.8 Insights into Reverse Logistics and Same-day Delivery Market

    9. 1.9 Insights into Deliveries During Festive Season (Christmas, Singles' Day, Black Friday, etc.)

    10. 1.10 Impact of COVID-19 on the B2B CEP Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Destination

      1. 2.1.1 Domestic

      2. 2.1.2 International

    2. 2.2 End User

      1. 2.2.1 Services (BFSI (Banking, Financial Services and Insurance))

      2. 2.2.2 Wholesale and Retail Trade (E-commerce)

      3. 2.2.3 Manufacturing, Construction, and Utilities

      4. 2.2.4 Primary Industries (Agriculture and Other Natural Resources)

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 France

        3. 2.3.2.3 United Kingdom

        4. 2.3.2.4 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 South Korea

        4. 2.3.3.4 India

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 LAMEA

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 South Africa

        3. 2.3.4.3 GCC

        4. 2.3.4.4 Rest of LAMEA

B2B Courier Express Parcel Market Size FAQs

The B2B Courier Express Parcel Market size is expected to reach USD 297.30 billion in 2024 and grow at a CAGR of 9.93% to reach USD 477.78 billion by 2029.

In 2024, the B2B Courier Express Parcel Market size is expected to reach USD 297.30 billion.

B2B Courier Express Parcel Market Report Snapshots

B2B Courier Express Parcel Market Size & Share Analysis - Growth, Trends, and Forecasts (2024 - 2029)