US Express Delivery Market Size (2024 - 2029)

US Express Delivery Market Analysis

The United States Express Delivery Market is valued at USD 26 Billion and is expected to grow at a CAGR of more than 8% during the forecast period. The market is driven by the growth in e-commerce in the country. Furthermore, the market is driven by the growth in retail logistics in the country.

• Because of the widespread use of the internet, the market is primarily driven by the ever-changing e-commerce business. There is an upsurge in internet buying as a result of COVID-19. The tremendous growth of online shopping across the country has increased the volume of expedited delivery and parcels. New technology and shifting customer needs have resulted in a drastic shift in the strategic focus of all US post and parcel players. The influence of digital transformation can be seen in delivery demand and supply, refunds, and cross-border e-commerce. Technological advancements, such as the advent of drone delivery services and e-locker delivery systems, are also presenting the potential for new entrants into the business.
• Over the last decade, the e-commerce market in the United States has been constantly evolving. In the United States, customer satisfaction with internet retail is relatively high. However, online sales continue to account for a small portion of total retail sales in the United States. Meanwhile, in January 2021, the country has more than 307 million internet users, with eight out of every ten internet users in the United States making online purchases. Although online retailers and brand websites are popular e-commerce channels, online marketplaces and social media are growing in popularity among online shoppers. The increasing prevalence of mobile shopping in the US e-commerce business is a growing trend. Smartphones are the most popular online purchase in the United States. This massive base of mobile buyers has an impact on mobile commerce revenue. The average value spent per order while shopping from a cellphone is also catching up when compared to desktop, even though conversion rates still lag in the mobile segment.
• The rising demand for delivery services in the e-commerce and retail sectors is propelling the worldwide express delivery market forward. Furthermore, the growing consumer preference for online shopping, combined with advancements in network technology, drives demand for express delivery services. Even major companies in the e-commerce business, such as Amazon and Flipkart, are cooperating with express delivery service providers to ensure faster and safer delivery of purchases worldwide. Furthermore, the growing focus of suppliers on cross-border and international trade is one of the key factors driving the market's rapid growth. However, high operating costs and a lack of infrastructure to support rapid delivery may limit the global express delivery market in the coming years. In contrast, technological advancements in delivery services have created an online distribution network and offer an improved experience which in turn propels the rate of revenue generation in the express delivery market.

US Express Delivery Industry Segmentation

Express shipping is a type of expedited shipment. Air couriers are generally used, and arrangements are made to ensure that orders are delivered overnight or the next day. A complete background analysis of the United States Express Delivery Market, including the assessment of the economy and contribution of sectors in the economy, a market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics and geographical trends, and COVID-19 impact, is covered in the report.

The United States Express Delivery Market is Segmented By Business (B2B, B2C), By Destination (Domestic and International), and By End-User (Services, Wholesale and Retail Trade, Manufacturing, Construction, & Utilities, Primary Industries). The report offers market size and forecasts in values (USD billion) for all the above segments.