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

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

The Europe Courier, Express, and Parcel (CEP) Market size is estimated at 133.94 billion USD in 2024, and is expected to reach 167.94 billion USD by 2030, growing at a CAGR of 3.84% during the forecast period (2024-2030).

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133.94 Billion

Market Size in 2024 (USD)

167.94 Billion

Market Size in 2030 (USD)

2.82 %

CAGR (2017-2023)

3.84 %

CAGR (2024-2030)

Fastest Growing Market by Speed of Delivery

4.42 %

Projected CAGR, Express, 2024-2030

Numerous domestic and international companies have emerged in response to the increased demand for express delivery services.

Fastest Growing Market by Model

5 %

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

The B2C segment witnessed significant growth due to domestic and international e-commerce transactions as online shoppers tend to shop more frequently in the region.

Largest Market by Shipment Weight

31.01 %

value share, Light Weight Shipments, 2023

The delivery of cosmetics and pharmaceutical goods is driving growth, wherein several major players are taking initiatives to expand delivery services for these goods.

Largest Market by End User Industry

34.68 %

value share, E-Commerce, 2023

The e-commerce segment of the CEP market is growing in Europe due to the increasing adoption of e-commerce and rising internet penetration.

First leading Market player

16.51 %

market share, DHL Group, 2022

DHL makes an average of 90 trips per day depart from a CityHub with short routes with 100 to 200 addresses. It has around 70,000+ certified GoGreen Specialists.

Increasing demand for the parcel market owing to e-commerce purchases of goods under fashion and electronics industries

E-commerce growth drives warehouse demand, attracts USD 8.38 billion in investments in 2022

Europe 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. Albania, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Romania, Russia, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, United Kingdom are covered as segments by Country.

• The parcel market has been witnessing growth owing to e-commerce in the region. For instance, e-commerce is expected to grow in Germany, wherein online population is projected to touch 68.4 million in 2025. Clothing items (76% online buyers) and shoes (73%) are the most purchased online goods via e-commerce in Germany, driving CEP market demand. Also, Amazon collaborated with 25,000 Italian SMEs in 2022 to provide investments and digital resources to take businesses online for internationalization. In addition, in 2021, 21,000 Italian SMEs sold products via Amazon, wherein export sales accounted for USD 849 million, of which USD 64 million were registered outside the EU.
• In Spain, the most popular product categories for e-commerce orders in 2021 that drove CEP demand were home products (67%), followed by electronics (65%), fashion items (57%), and books and movies (55%). In addition, e-commerce sales for products in the fashion industry in France are expected to account for one-third of the total apparel sales in France by 2025, thus significantly generating CEP demand.
• The most common goods purchased online by UK consumers in 2022 were fashion goods, with clothing accounting for a 63% share and shoes for a 47% share. These were followed by consumer electronics, with a 35% share, and books, movies, and games, with a 33% share in 2022. All these item deliveries collectively drove CEP demand. In alignment with this, Royal Mail, the national postal service, is aiming to have 5,500 electric vans by the end of 2023 in a further effort to reduce carbon emissions. Amazon also started on-foot and electric cargo bike delivery in London in 2022. Initiatives by both companies are a part of their commitment toward all shipments having net-zero carbon emissions by 2040.