United States Courier Express And Parcel Market Size, Share, Growth And Forecast 2024-2032

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The United States courier, express and parcel (CEP) market size reached US$ 132.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 172.2 Billion by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2024-2032.

The latest report by IMARC Group, titled “United States Courier, Express and Parcel (CEP) Market Report by Service Type (B2B (Business-to-Business), B2C (Business-to-Consumer), C2C (Customer-to-Customer)), Destination (Domestic, International), Type (Air, Ship, Subway, Road), End Use Sector (Services (BFSI- Banking, Financial Services and Insurance), Wholesale and Retail Trade (E-commerce), Manufacturing, Construction and Utilities, and Others), and Region 2024-2032” The study provides a detailed analysis of the industry, including the United States courier express and parcel market trends, size, share, growth, price and forecasts. The market size is projected to exhibit a growth rate (CAGR) of 2.9% during 2024-2032.

United States Courier Express And Parcel Market Trends:

The United States courier express and parcel market is quickly rising, primarily due to the growing popularity of online shopping and the increasing need for trustworthy and efficient delivery services. Besides this, major e-commerce companies, such as Amazon and Walmart, are making significant investments in last-mile delivery solutions to improve their logistical capabilities and satisfy customer expectations for prompt and dependable deliveries. Moreover, the proliferation of small and medium-sized enterprises (SMEs) in the e-commerce space has further fueled the growth of the United States courier express and parcel market, as these businesses rely on courier express and parcel services to reach a broader customer base. Additionally, the incorporation of enhanced technologies, such as artificial intelligence (AI) and automation, is reducing delivery times, optimizing delivery routes, and improving efficiency in the market.

The growing focus on sustainability and green logistics is also propelling the expansion of the United States courier express and parcel market. Meanwhile, with increasing environmental awareness, both consumers and companies are prioritizing eco-friendly delivery solutions. Furthermore, the expansion of urbanization and the rise of smart cities are creating new opportunities for CEP companies to offer enhanced delivery services through digital platforms and smart infrastructure. In addition, the use of drones and autonomous delivery vehicles is also gaining traction, promising to revolutionize last-mile delivery by offering faster and highly cost-effective solutions. These trends, coupled with continuous technological advancements, are set to drive the growth of the United States courier express and parcel market in the foreseeable future.

For an in-depth analysis, you can request the sample copy of the market report: https://www.imarcgroup.com/united-states-courier-express-parcel-market/requestsample

United States Courier Express And Parcel Market Segmentation:

Breakup by Service Type:

  • B2B (Business-to-Business)
  • B2C (Business-to-Consumer)
  • C2C (Customer-to-Customer)

Breakup by Destination:

  • Domestic
  • International

Breakup by Type:

  • Air
  • Ship
  • Subway
  • Road

Breakup by End Use Sector:

  • Services (BFSI- Banking, Financial Services and Insurance)
  • Wholesale and Retail Trade (E-commerce)
  • Manufacturing, Construction and Utilities
  • Others

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Ask analyst for your customized sample:  https://www.imarcgroup.com/request?type=report&id=3162&flag=C

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