Market Size of United Kingdom Domestic Courier, Express, and Parcel (CEP) Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | 7.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UK Domestic Courier, Express, and Parcel (CEP) Market Analysis
During the time frame of the forecast, the UK domestic courier, express, and parcel (CEP) market is expected to grow at a CAGR of 7%.
The market for courier, parcel, and express services in the UK is an important part of the logistics industry as a whole.The market includes a wide range of business services that help connect suppliers and customers, such as couriers, parcel post, the operations of express companies, and other business services.The UK courier, parcel, and express market is a key aspect of the British economy and is worth billions each year. With the UK entering a new era regarding Brexit, it could be argued that the market will grow even more in the coming years.
The retail industry is shifting into the digital realm as a result of increasing internet penetration. The post office and parcel delivery services are concentrating on methods to re-engineer their core operations to meet the new face of the fast-growing B2C parcel delivery market, particularly same-day delivery. The delivery market has transformed and is now being supplied more widely thanks to Amazon's pioneering same-day plan.
Technology advancements and the use of robotics for automated sorting at hubs and depots are helping the market more quickly deliver on its promises. With more than 1.3 billion parcel deliveries and 13 billion letter deliveries, Royal Mail Plc, one of the key competitors in the UK's CEP market, has taken the lead.
Due to the strange coronavirus outbreak and the sudden rise in the number of people who want food and grocery deliveries, the number of people who use domestic courier services for home deliveries has gone up. As a response to the coronavirus outbreak, lockdowns and other measures were put in place to keep people from talking to each other. As a result, online shopping went through the roof. Forced store closings and social isolation policies for the 2020-21 period pushed consumers to order goods online and have them delivered by couriers more frequently than they did in the past. It is anticipated that this movement in customer behavior toward online shopping will be more lasting.
UK Domestic Courier, Express, and Parcel (CEP) Industry Segmentation
The term "courier, express, and parcel" (CEP) refers to a group of services that include the delivery of different goods and products across multiple regions by air, water, and land, among other ways.These parcels, which CEP delivers, are often non-palletized and weigh a total of about 100 pounds.
The United Kingdom domestic courier, express, and parcel (CEP) market is segmented by business model (business-to-business [B2B], business-to-customer [B2C], and customer-to-customer [C2C]), type (e-commerce and non-e-commerce), and end user (service, wholesale and retail trade, healthcare, industrial manufacturing, and other end users). The report offers the market size and forecasts in dollars (USD billion) for all the above segments.
| Business Model | |
| Business-to-Business (B2B) | |
| Business-to-Customer (B2C) | |
| Customer-to-Customer (C2C) |
| Type | |
| E-commerce | |
| Non-e-commerce |
| End-User | |
| Services | |
| Wholesale and Retail Trade | |
| Healthcare | |
| Industrial Manufacturing | |
| Other End-Users |
United Kingdom Domestic Courier, Express, and Parcel (CEP) Market Size Summary
The UK domestic courier, express, and parcel (CEP) market is a vital component of the logistics industry, playing a significant role in the British economy. This market encompasses a variety of services that facilitate connections between suppliers and customers, including couriers, parcel post, and express company operations. The market is poised for growth, driven by the increasing shift towards digital retail and e-commerce, which has been accelerated by the rise in internet penetration and consumer preferences for online shopping. The COVID-19 pandemic further intensified this trend, as lockdowns and social distancing measures led to a surge in online purchases and home deliveries. This shift in consumer behavior is expected to have a lasting impact, presenting substantial opportunities for retailers and brands to expand their offerings and enhance revenue streams.
Technological advancements, such as automated sorting and robotics, are enhancing the efficiency of delivery services, while major players like Royal Mail Plc are leading the market with extensive delivery networks. The rise of e-commerce has transformed consumer purchasing habits, with a significant portion of transactions now occurring via mobile devices. However, the increase in parcel volumes has raised concerns about delivery delays and sustainability, prompting the need for alternative delivery strategies like parcel lockers and pickup locations. The market is characterized by intense competition among key players, including TNT Group, DHL, and FedEx, as they strive to capitalize on the growing demand for CEP services. Companies are also investing in sustainable practices, such as electric and LNG-powered vehicles, to align with environmental goals and address the challenges posed by rising delivery demands.
United Kingdom Domestic Courier, Express, and Parcel (CEP) Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Current Market Scenario
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1.2 Technological Trends
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1.3 Government Regulations
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1.4 Overview of the Logistics and Warehousing Market in United Kingdom
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1.5 Brief on the United Kingdom Freight Forwarding Market
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1.6 Spotlight on United Kingdom E-commerce Sector (Commentary on Domestic and Cross-border E-commerce)
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1.7 Impact of COVID-19 on the CEP Market (Short-term and Long-term Impact on the Market and on the Economy)
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2. MARKET SEGMENTATION
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2.1 Business Model
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2.1.1 Business-to-Business (B2B)
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2.1.2 Business-to-Customer (B2C)
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2.1.3 Customer-to-Customer (C2C)
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2.2 Type
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2.2.1 E-commerce
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2.2.2 Non-e-commerce
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2.3 End-User
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2.3.1 Services
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2.3.2 Wholesale and Retail Trade
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2.3.3 Healthcare
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2.3.4 Industrial Manufacturing
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2.3.5 Other End-Users
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United Kingdom Domestic Courier, Express, and Parcel (CEP) Market Size FAQs
What is the current United Kingdom Domestic Courier, Express, and Parcel (CEP) Market size?
The United Kingdom Domestic Courier, Express, and Parcel (CEP) Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)
Who are the key players in United Kingdom Domestic Courier, Express, and Parcel (CEP) Market?
Royal Mail PLC, UPS Limited , Whistl Group Holdings Limited , DHL Parcel UK Limited and The Delivery Group Limited are the major companies operating in the United Kingdom Domestic Courier, Express, and Parcel (CEP) Market.
