Couriers And Messengers Market Insights
Added: (Mon Dec 24 2018)
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The Business Research Company’s couriers and messengers global market analysis covers the year-on-year growth of the global couriers and messengers market historic and forecast growth. It also includes chapters on the couriers and messengers market trends, geographical analysis, and competitive landscape.
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The global couriers and messengers market is forecast to grow at a CAGR (compound annual growth rate) of around 3.5% by 2020.
Couriers And Messengers Market Segmentation
According to TBRC’s global couriers and messengers market research, the market is split by segments into domestic and international.
Domestic was the largest segment in the couriers and messengers market accounting for about 75% of the market. This includes organizations that provide courier services, and product delivery services within a particular country.
International was the smallest segment in the couriers and messengers market This includes organizations that provide air, surface or combined courier delivery services; express messenger and delivery services; parcels, documents and packages; and delivery of time-sensitive and high-value-to-weight products from one country to another country worldwide.
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Domestic segment is expected to grow with CAGR (compound annual growth rate) of about 4.5% as compared to international segment of just over 1.5%. This is mainly due to increasing consumer spending, rising e-commerce platforms, and online retailing platform.
The global couriers and messengers market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global domestic and international market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are Deutsche Post DHL, United Parcel Service, FedEx, Japan Post, and Schenker AG.
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