Market Size of North America CEP Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 146.02 Billion |
| Market Size (2029) | USD 226.93 Billion |
| CAGR (2024 - 2029) | 9.22 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America CEP Market Analysis
The North America CEP Market size is estimated at USD 146.02 billion in 2024, and is expected to reach USD 226.93 billion by 2029, growing at a CAGR of 9.22% during the forecast period (2024-2029).
The CEP market is highly mature in North America with fierce competition among the top global suppliers (DHL, UPS, and FedEx), The B2C segment had a substantial market share in 2019, and this trend is expected to continue over the forecast period. Factors such as the same-day delivery and returns on packages will play a significant role in maintaining its market position in the B2C segment.
Change in government leads to a change in regulatory policies. Many policies in the region are conducive to business growth, which is one of the reasons behind the concentration of e-commerce growth in a number of businesses. Nevertheless, the decision establishing a regulatory structure could affect transport configuration and logistical networks.
Companies are currently conducting experiments with on-demand fleet services using crowd-sourced delivery services such as UberRUSH. Using these on-demand services, tend to create a flexible logistics service for retailers and providers by enabling them to expand their delivery capacity temporarily.
North America CEP Industry Segmentation
The report offers a complete background analysis of the North America courier, express, and parcel (CEP) market, including market overview, market size estimation for key segments and emerging trends by segments, and market dynamics. The report also offers the Impact of COVID - 19 on the market.
| By Business | |
| B2B(Business to Business) | |
| B2C (Business to Consumer) | |
| Other Business |
| By Destination | |
| Domestic | |
| International |
| By End user | |
| Services(Banking, Financial Services aand Insurance) | |
| Wholesale and Retail trade (E-Commerce) | |
| Manufacturing, Construction and Utilities | |
| Primary Industries (Agriculture, Other Natural Resources) |
| By Country | |
| United States | |
| Canada | |
| Mexico |
North America CEP Market Size Summary
The North America CEP market is characterized by its maturity and intense competition among leading global suppliers such as DHL, UPS, and FedEx. The market is heavily influenced by the B2C segment, which continues to hold a significant share due to the demand for same-day delivery and efficient return processes. The region's favorable regulatory policies and high internet penetration rates have fostered substantial e-commerce growth, with the ubiquity of smartphones further driving online commerce. Technological advancements, developed infrastructure, and extensive connectivity through roadways and railways are pivotal factors contributing to the expansion of e-commerce logistics in North America. The United States, in particular, plays a crucial role in this growth, supported by its robust logistics systems and high disposable income levels.
The North American CEP market is expected to experience significant growth, driven by the increasing demand for postal automation systems and the expansion of value-added services in express delivery. The market remains fragmented, with major players like FedEx, DHL, and UPS dominating the landscape, yet there is still potential for both international and local entrants. Vendors are focusing on enhancing their service offerings through features such as online tracking, mobile applications, and real-time alerts to gain a competitive edge. This emphasis on value-added services, coupled with the growth of the e-commerce sector and last-mile delivery segment, is anticipated to propel the market forward during the forecast period.
North America CEP Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain / Supply Chain Analysis
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1.5 Porters Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Imapct of COVID-19 on the market
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2. MARKET SEGMENTATION
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2.1 By Business
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2.1.1 B2B(Business to Business)
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2.1.2 B2C (Business to Consumer)
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2.1.3 Other Business
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2.2 By Destination
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2.2.1 Domestic
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2.2.2 International
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2.3 By End user
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2.3.1 Services(Banking, Financial Services aand Insurance)
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2.3.2 Wholesale and Retail trade (E-Commerce)
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2.3.3 Manufacturing, Construction and Utilities
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2.3.4 Primary Industries (Agriculture, Other Natural Resources)
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2.4 By Country
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2.4.1 United States
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2.4.2 Canada
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2.4.3 Mexico
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North America CEP Market Size FAQs
How big is the North America CEP Market?
The North America CEP Market size is expected to reach USD 146.02 billion in 2024 and grow at a CAGR of 9.22% to reach USD 226.93 billion by 2029.
What is the current North America CEP Market size?
In 2024, the North America CEP Market size is expected to reach USD 146.02 billion.
