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

The Malaysia Courier, Express, and Parcel (CEP) market is experiencing significant growth, driven by the expanding e-commerce sector and improvements in logistics infrastructure. The market's scale is expected to increase as the domestic segment continues to dominate due to its substantial contribution to revenue. The rise in the number of delivery vehicles and the development of cross-border logistics services are further enhancing the market's capacity. Additionally, infrastructure projects like the East Coast Railway Line are set to improve shipping efficiency, contributing to the overall market expansion.

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

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Malaysia Courier, Express, and Parcel (CEP) Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 1.58 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 2.24 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Destination Domestic
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 6.07 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Destination International

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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

The Malaysia Courier, Express, and Parcel (CEP) Market size is estimated at 1.58 billion USD in 2024, and is expected to reach 2.24 billion USD by 2030, growing at a CAGR of 6.07% during the forecast period (2024-2030).

1.58 Billion

Market Size in 2024 (USD)

2.24 Billion

Market Size in 2030 (USD)

4.78 %

CAGR (2017-2023)

6.07 %

CAGR (2024-2030)

Fastest Growing Market by Speed of Delivery

6.98 %

Projected CAGR, Express, 2024-2030

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Express delivery has been witnessing steady growth, with major global express delivery firms actively operating in Malaysia, supported by established networks.

Fastest Growing Market by Model

7.89 %

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

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The segment witnessed growth as the Malaysian government recognized the growing significance of e-commerce in promoting B2C transactions that facilitate major delivery demand.

Largest Market by Shipment Weight

68.32 %

value share, Light Weight Shipments, 2023

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The e-commerce market for fashion items, toys, and hobby & DIY goods is the major facilitator for the segment's growth.

Largest Market by End User Industry

38.14 %

value share, E-Commerce, 2023

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Malaysia has the highest internet penetration rate in Southeast Asia, driven primarily by a growing number of digitally savvy people.

First Leading Market Player

18.16 %

market share, J&T Express, 2022

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J&T Express Malaysia has over 450 drop points and 25 gateways in Malaysia. It also offers guaranteed next-day delivery services in Malaysia.

Growing CEP market demand owing to industry's advancements and service expansions

  • During 2022, Malaysia had 59,024 courier motorcycles, which were the most used mode for domestic courier deliveries. About 40,880 delivery cars, 8,786 trucks, and 10,455 vans were used for courier deliveries in 2022. In addition, the country had 33 aircraft for international courier deliveries. The number of courier, express, and parcel delivery vehicles is significantly expected to rise, along with infrastructure improvements. CEP market value is also projected to register a CAGR of 6.23% from 2023 to 2029.
  • As of 2021, the domestic segment of the Malaysian courier, express, and parcel market made a larger contribution to the market revenue, accounting for an 65.19% share, and the international segment made a smaller contribution with an 34.81% share. This was majorly due to the booming e-commerce market in Malaysia, which was valued at about USD 7.72 billion in 2021, registering a 38.85% YoY growth over 2020. Of the categories in the Malaysian e-commerce market, the electronic products category accounted for the maximum contribution to revenue with a 32.90% share.
  • Significant expansions have occurred in the Malaysian CEP market to cater to the increasing demand. Best’s logistics network in Malaysia expanded to cover over 100 last mile service stations and operate 270 stations and seven sorting centers nationwide. A new cross-border logistics service aims to allow consumers in Malaysia to buy products through Chinese e-commerce platforms such as Taobao, Pinduoduo, and JD.com. This would shorten cross-border shipping to 6 working days after parcels leave China. The East Coast Railway Line (ECRL) project, to be completed in 2026, aims to reduce shipping time between the eastern and western coasts of Peninsular Malaysia.
Malaysia Courier, Express, and Parcel (CEP) Market

Malaysia 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.

  • During 2022, Malaysia had 59,024 courier motorcycles, which were the most used mode for domestic courier deliveries. About 40,880 delivery cars, 8,786 trucks, and 10,455 vans were used for courier deliveries in 2022. In addition, the country had 33 aircraft for international courier deliveries. The number of courier, express, and parcel delivery vehicles is significantly expected to rise, along with infrastructure improvements. CEP market value is also projected to register a CAGR of 6.23% from 2023 to 2029.
  • As of 2021, the domestic segment of the Malaysian courier, express, and parcel market made a larger contribution to the market revenue, accounting for an 65.19% share, and the international segment made a smaller contribution with an 34.81% share. This was majorly due to the booming e-commerce market in Malaysia, which was valued at about USD 7.72 billion in 2021, registering a 38.85% YoY growth over 2020. Of the categories in the Malaysian e-commerce market, the electronic products category accounted for the maximum contribution to revenue with a 32.90% share.
  • Significant expansions have occurred in the Malaysian CEP market to cater to the increasing demand. Best’s logistics network in Malaysia expanded to cover over 100 last mile service stations and operate 270 stations and seven sorting centers nationwide. A new cross-border logistics service aims to allow consumers in Malaysia to buy products through Chinese e-commerce platforms such as Taobao, Pinduoduo, and JD.com. This would shorten cross-border shipping to 6 working days after parcels leave China. The East Coast Railway Line (ECRL) project, to be completed in 2026, aims to reduce shipping time between the eastern and western coasts of Peninsular Malaysia.
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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Malaysia Courier, Express, and Parcel (CEP) Market Size Summary

The Malaysia Courier, Express, and Parcel (CEP) market is experiencing significant growth, driven by the expanding e-commerce sector and infrastructural developments. The domestic segment dominates the market, largely due to the surge in online shopping, with electronic products leading the revenue contributions. The market is characterized by a diverse range of delivery vehicles, including motorcycles, cars, trucks, and vans, which are expected to increase in number alongside infrastructure improvements. The government's initiatives, such as the East Coast Railway Line project and the development of a logistics hub, aim to enhance transportation efficiency and reduce shipping times, further boosting the CEP market's growth prospects.

The market landscape is moderately consolidated, with major players like DHL Group, FedEx, J&T Express, Ninja Logistics, and Pos Malaysia Berhad holding significant shares. These companies are continuously innovating and expanding their service offerings to meet the rising demand. For instance, partnerships and technological advancements, such as UPS's collaboration with Google Cloud for package tracking, are enhancing operational efficiencies. The Malaysian government's focus on digital adoption and industry consolidation, along with substantial investments in logistics and transportation infrastructure, is expected to sustain the market's growth trajectory in the coming years.

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Malaysia 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

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

The Malaysia Courier, Express, and Parcel (CEP) Market size is expected to reach USD 1.58 billion in 2024 and grow at a CAGR of 6.07% to reach USD 2.24 billion by 2030.

In 2024, the Malaysia Courier, Express, and Parcel (CEP) Market size is expected to reach USD 1.58 billion.

Malaysia Courier, Express, And Parcel (CEP) Market Report Snapshots

Malaysia Courier, Express, and Parcel (CEP) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030