The Europe courier, express and parcel (CEP) market size reached US$ 92.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 116.4 Billion by 2032, exhibiting a growth rate (CAGR) of 2.5% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Europe Courier,
Express and Parcel (CEP) Market: Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2024-2032," the Europe courier, express and
parcel (CEP) market size reached US$ 92.3 Billion in 2023.
The courier, express, and parcel (CEP) market encompasses services that
provide logistics and postal delivery with speed, security, tracking, and
specialization. These services range from standard mail deliveries to express
shipping and often include features such as same-day or next-day delivery,
precise time slots, and comprehensive tracking options. The "courier"
component typically refers to a service that delivers packages and documents
in a fast and tracked manner; "express" implies an even quicker delivery, often
with stringent time commitments; while "parcel" denotes the actual packages
being delivered, which can vary in size, weight, and form. This sector is pivotal
in the global economy, facilitating the swift, reliable, and secure movement of
goods and documents across diverse geographies and industries. It has
become indispensable in today's fast-paced world, where businesses and
consumers alike expect timely and efficient delivery services. As a cornerstone
of global trade and logistics, the CEP sector continues to evolve, driven by
innovations in logistics technology, changing consumer expectations, and the
burgeoning growth of online shopping.
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4. Report Description
Europe Courier, Express and Parcel (CEP) Market Trends:
The Europe courier, express, and parcel market is witnessing substantial growth, fueled by various drivers and
trends that are shaping the industry landscape. The exponential rise in e-commerce is a primary catalyst, with
online shopping platforms consistently expanding, requiring efficient and reliable delivery systems to meet
consumer expectations for swift and precise deliveries. This surge is coupled with the increasing cross-border
trade within the European Union, necessitating a robust, interconnected CEP infrastructure to facilitate smooth,
seamless transactions. Besides, technological advancements are also pivotal, as the integration of AI, IoT, and
advanced data analytics enhances operational efficiency, route optimization, and real-time tracking, providing a
competitive edge and elevating customer satisfaction. The growing environmental consciousness and the push for
sustainability are influencing the market, prompting companies to adopt green logistics, use eco-friendly vehicles,
and optimize delivery routes to reduce carbon footprints. Moreover, the sector is experiencing a shift toward
personalized services, offering flexible delivery options, precise timing, and increased transparency, catering to
the heightened consumer demands for convenience and reliability. These trends, along with supportive regulatory
frameworks and the strategic expansion of logistics networks, are expected to continue driving the growth of the
Europe CEP market, making it a dynamic and integral component of the region's economic framework.
Looking forward, the market to reach US$ 116.4 Billion by 2032, exhibiting a growth rate (CAGR) of 2.5%
during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/europe-courier-express-parcel-market
5. Report
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
6. Report
Segmentation
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 Country:
• Germany
• France
• United Kingdom
• Italy
• Spain
• Others
7. Key Questions
Answered in
the Report
What was the size of the Europe Courier, Express
and Parcel (CEP) market in 2023?
What is the expected growth rate of the Europe
Courier, Express and Parcel (CEP) market during
2024-2032?
What are the key factors driving the Europe
Courier, Express and Parcel (CEP) market?
What has been the impact of COVID-19 on the
Europe Courier, Express and Parcel (CEP)
market?
What is the breakup of the Europe Courier,
Express and Parcel (CEP) market based on the
service type?
What is the breakup of the Europe Courier,
Express and Parcel (CEP) market based on the
end user?
What are the key regions in the Europe Courier,
Express and Parcel (CEP) market?
8. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Europe Courier, Express and Parcel (CEP) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service Type
6.1 B2B (Business-to-Business)
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 B2C (Business-to-Consumer)
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 C2C (Customer-to-Customer)
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
7 Market Breakup by Destination
9. Table of
Contents
7.1 Domestic
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 International
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by Type
8.1 Air
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Ship
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Subway
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Road
8.4.1 Mark et Trends
8.4.2 Market Forecast
9 Market Breakup by End Use Sector
9.1 Services (BFSI - Bank ing, Financial Services and
Insurance)
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 W holesale and Retail Trade (E -commerce)
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
9.3 Manufacturing, Construction and Utilities
9.3.1 Mark et Trends
9.3.2 Mark et Forecast
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