India International Express Service Market Size

India International Express Service Market Analysis

The India International Express Service Market size is estimated at 1.68 billion USD in 2024, and is expected to reach 3.26 billion USD by 2030, growing at a CAGR of 11.74% during the forecast period (2024-2030).

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1.68 Billion

Market Size in 2024 (USD)

3.26 Billion

Market Size in 2030 (USD)

10.00 %

CAGR (2017-2023)

11.74 %

CAGR (2024-2030)

Fastest Growing Market by End User Industry

13.39 %

Projected CAGR, E-Commerce, 2024-2030

E-commerce is projected to witness significant growth due to a rapid increase in cross-border e-commerce, which is estimated to be valued at around USD 129 billion by 2025.

Fastest Growing Market by Shipment Weight

12.33 %

Projected CAGR, Light Weight Shipments, 2024-2030

The pharmaceutical industry is a key courier delivery user, wherein the use of international express is high in the case of API, exports, medical devices, and samples.

Largest Market by Shipment Weight

68.48 %

value share, Light Weight Shipments, 2023

The delivery of goods like pharmaceutical products and real estate documents facilitated by major cross-border activity is driving the segment's growth.

Largest Market by End User Industry

39.87 %

value share, E-Commerce, 2023

Partnerships between courier companies and international e-commerce players are growing in the country to provide international express delivery services due to increasing demand.

First leading Market player

17.66 %

market share, DHL Group, 2022

DHL Express has started the DHL Aviation Bahrain freighter to Delhi, which has 17 freighter connections to 220 countries.

Rise in cross-border trade and e-commerce is expected to drive the international express market in India

India International Express Service Industry Segmentation

Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments are covered as segments by Shipment Weight. Inter-Region, Intra-Region are covered as segments by Route. E-Commerce, Financial Services (BFSI), Healthcare, Manufacturing, Primary Industry, Wholesale and Retail Trade (Offline), Others are covered as segments by End User Industry.

• The Indian government launched several initiatives to promote cross-border trade, including simplifying customs procedures and reducing trade barriers. This created a more favorable environment for international express services to operate in India. Recently, the government signed a Comprehensive Economic Partnership Agreement (CEPA) with UAE and an Economic Cooperation and Trade Agreement with Australia, intending to enhance exports and increase market access in other countries.
• The COVID-19 pandemic and e-commerce growth fueled India's international express service market as consumers ordered more online. With more consumers moving from offline to online shopping, courier companies witnessed a rise in businesses delivering goods amid the COVID-19 pandemic restrictions. Globally, the cross-border B2C e-commerce market size was valued at USD 976.12 billion in 2022, and it is expected to expand at a CAGR of 18.95% during the period 2022-28, reaching USD 2.76 trillion by 2028.
• By 2030, India's consumption economy is expected to be the third largest, with a USD 5 trillion GDP. Omnichannel Assistance is the future of retail in India. It is expected to provide an offline experience while also allowing consumers to access online portals. This will enable customers to buy online and ship from the store, reserve online, pick up in-store, and have unlimited digital aisle access to stores and fit catalogs. Moreover, increasing demand for healthcare services, advancements in logistics technology, and the growth of healthcare e-commerce are expected to drive the growth of the healthcare end-user segment.