Chile Courier, Express, and Parcel (CEP) Market Size

The Chile Courier, Express, and Parcel (CEP) market is experiencing steady growth, driven primarily by the expansion of domestic e-commerce. Despite economic challenges such as currency devaluation and rising inflation, the market has shown resilience, with a consistent increase in demand for CEP services. The development of technological infrastructure and the introduction of 5G have further fueled e-commerce, contributing to the market's expansion. As e-commerce penetration continues to rise, the CEP market is poised for continued growth, reflecting the increasing demand for efficient delivery services across various sectors.

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Market Size of chile courier, express, and parcel (cep) Industry

Chile Courier, Express, and Parcel (CEP) Market Summary
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svg icon Study Period 2017 - 2030
svg icon Market Size (2024) USD 0.74 Billion
svg icon Market Size (2030) USD 1.07 Billion
svg icon Largest Share by Destination Domestic
svg icon CAGR (2024 - 2030) 6.45 %
svg icon Fastest Growing by Destination International

Major Players

Chile Courier, Express, and Parcel (CEP) Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Chile Courier, Express, and Parcel (CEP) Market Analysis

The Chile Courier, Express, and Parcel (CEP) Market size is estimated at 0.74 billion USD in 2024, and is expected to reach 1.07 billion USD by 2030, growing at a CAGR of 6.45% during the forecast period (2024-2030).

0.74 Billion

Market Size in 2024 (USD)

1.07 Billion

Market Size in 2030 (USD)

5.21 %

CAGR (2017-2023)

6.45 %

CAGR (2024-2030)

Fastest Growing Market by Speed of Delivery

7.40 %

Projected CAGR, Express, 2024-2030

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Few major domestic and international delivery players are dominating the market with significant market shares.

Fastest Growing Market by Model

8.38 %

Projected CAGR, Business-to-Consumer (B2C), 2024-2030

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Chile has witnessed significant growth in B2C e-commerce, a major growth driver for the segment, owing to a shift in consumer preference boosted by the launch of the 5G service.

Largest Market by Shipment Weight

61.81 %

value share, Light Weight Shipments, 2023

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Goods like fashion, beauty, health, personal and household care, and grocery items are driving demand for the shipment of lightweight goods.

Largest Market by End User Industry

32.88 %

value share, Manufacturing, 2023

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The manufacturing segment in Chile is characterized by its diversity and encompasses a range of sectors. Some of the top manufacturing companies in Chile include Cristalerías de Chile, Arauco, and Karün.

First Leading Market Player

28.68 %

market share, Chilexpress, 2022

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Chilexpress provides same-day delivery in Santiago Centro, Conchalí, and other cities. It also offers six types of delivery times for standard orders.

CEP market is growing despite devaluation of Chilean peso

  • The domestic and international CEP market steadily grew during the review period, irrespective of various economic factors. The Chilean peso witnessed a severe devaluation in June 2022 as a result of rising consumer prices, which also caused inflation rates to rise by around 12.5%. In response, the Central Bank increased interest rates to a historic high of 9.75% in July 2022. Despite these economic shocks, clubbed with the residue effects of the pandemic and the Ukraine-Russia war, the overall CEP market witnessed marginal and steady growth in 2022. Following the trend, the CEP value is projected to record a CAGR of 6.80% during 2023-2029.
  • Domestic e-commerce has been the major demand generator for the CEP market. E-commerce experienced growth over the last decade due to Chile's rapid and continuing technological infrastructure development and the launch of 5G service in December 2021. In 2021, B2C e-commerce sales reached USD 7.86 billion, which was a 38.14% increase compared to 2020.
  • Major e-commerce end users drove the demand for the CEP market in 2022. Electronics, toys, hobby & DIY, and fashion goods also generated significant CEP delivery demand in 2022. The largest player in the Chilean e-commerce market was paris.cl, with a revenue of USD 1,237.1 million in 2022. It was followed by falabella.com and ripley.cl as the second and third-largest stores, with USD 1,120.5 million and USD 628.1 million, respectively. Collectively, the top three stores account for 45.9% of the top 100 online stores' revenue in Chile. With e-commerce user penetration projected to reach 69.4% by 2027, the CEP market is expected to grow further.
Chile Courier, Express, and Parcel (CEP) Market

Chile Courier, Express, and Parcel (CEP) Industry Segmentation

Domestic, International are covered as segments by Destination. Express, Non-Express are covered as segments by Speed Of Delivery. Business-to-Business (B2B), Business-to-Consumer (B2C), Consumer-to-Consumer (C2C) are covered as segments by Model. Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. Air, Road, Others are covered as segments by Mode Of Transport. E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others are covered as segments by End User Industry.

  • The domestic and international CEP market steadily grew during the review period, irrespective of various economic factors. The Chilean peso witnessed a severe devaluation in June 2022 as a result of rising consumer prices, which also caused inflation rates to rise by around 12.5%. In response, the Central Bank increased interest rates to a historic high of 9.75% in July 2022. Despite these economic shocks, clubbed with the residue effects of the pandemic and the Ukraine-Russia war, the overall CEP market witnessed marginal and steady growth in 2022. Following the trend, the CEP value is projected to record a CAGR of 6.80% during 2023-2029.
  • Domestic e-commerce has been the major demand generator for the CEP market. E-commerce experienced growth over the last decade due to Chile's rapid and continuing technological infrastructure development and the launch of 5G service in December 2021. In 2021, B2C e-commerce sales reached USD 7.86 billion, which was a 38.14% increase compared to 2020.
  • Major e-commerce end users drove the demand for the CEP market in 2022. Electronics, toys, hobby & DIY, and fashion goods also generated significant CEP delivery demand in 2022. The largest player in the Chilean e-commerce market was paris.cl, with a revenue of USD 1,237.1 million in 2022. It was followed by falabella.com and ripley.cl as the second and third-largest stores, with USD 1,120.5 million and USD 628.1 million, respectively. Collectively, the top three stores account for 45.9% of the top 100 online stores' revenue in Chile. With e-commerce user penetration projected to reach 69.4% by 2027, the CEP market is expected to grow further.
Destination
Domestic
International
Speed Of Delivery
Express
Non-Express
Model
Business-to-Business (B2B)
Business-to-Consumer (B2C)
Consumer-to-Consumer (C2C)
Shipment Weight
Heavy Weight Shipments
Light Weight Shipments
Medium Weight Shipments
Mode Of Transport
Air
Road
Others
End User Industry
E-Commerce
Financial Services (BFSI)
Healthcare
Manufacturing
Primary Industry
Wholesale and Retail Trade (Offline)
Others
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Chile Courier, Express, and Parcel (CEP) Market Size Summary

The Chile Courier, Express, and Parcel (CEP) market has demonstrated resilience and steady growth despite economic challenges such as currency devaluation and inflation. The domestic and international CEP sectors have expanded, driven primarily by the surge in e-commerce, which has benefited from advancements in technological infrastructure and the rollout of 5G services. Major e-commerce platforms like paris.cl, falabella.com, and ripley.cl have significantly contributed to this demand, with a substantial portion of online sales coming from sectors like electronics, fashion, and DIY products. The transport and storage sector has also seen recovery and growth, supported by improvements in road infrastructure and increased demand for storage solutions. Initiatives like "Chile Over Rails" aim to enhance transportation infrastructure, further bolstering the CEP market's growth prospects.

The CEP market in Chile is moderately consolidated, with key players such as Chilexpress, DSV A/S, Empresas Copec SA, Redmegacentro SA, and UPS holding significant market shares. The market's expansion is also influenced by broader economic and infrastructural developments, including substantial investments in public works and energy efficiency initiatives. Despite challenges like fluctuating fuel prices and economic instability, the government has implemented measures to stabilize the economy and promote sustainable practices, such as the adoption of electric vehicles and energy efficiency laws. These factors, combined with strategic partnerships and technological advancements in logistics and delivery services, are expected to drive continued growth in the CEP market over the coming years.

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Chile Courier, Express, and Parcel (CEP) Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes Market Value in USD, Forecasts up to 2030 and analysis of growth prospects)

    1. 1.1 Destination

      1. 1.1.1 Domestic

      2. 1.1.2 International

    2. 1.2 Speed Of Delivery

      1. 1.2.1 Express

      2. 1.2.2 Non-Express

    3. 1.3 Model

      1. 1.3.1 Business-to-Business (B2B)

      2. 1.3.2 Business-to-Consumer (B2C)

      3. 1.3.3 Consumer-to-Consumer (C2C)

    4. 1.4 Shipment Weight

      1. 1.4.1 Heavy Weight Shipments

      2. 1.4.2 Light Weight Shipments

      3. 1.4.3 Medium Weight Shipments

    5. 1.5 Mode Of Transport

      1. 1.5.1 Air

      2. 1.5.2 Road

      3. 1.5.3 Others

    6. 1.6 End User Industry

      1. 1.6.1 E-Commerce

      2. 1.6.2 Financial Services (BFSI)

      3. 1.6.3 Healthcare

      4. 1.6.4 Manufacturing

      5. 1.6.5 Primary Industry

      6. 1.6.6 Wholesale and Retail Trade (Offline)

      7. 1.6.7 Others

Chile Courier, Express, and Parcel (CEP) Market Size FAQs

The Chile Courier, Express, and Parcel (CEP) Market size is expected to reach USD 735.29 million in 2024 and grow at a CAGR of 6.45% to reach USD 1.07 billion by 2030.

In 2024, the Chile Courier, Express, and Parcel (CEP) Market size is expected to reach USD 735.29 million.

Chile Courier, Express, and Parcel (CEP) Market Report Snapshots