Courier, Express, and Parcel Market Size, Share, Forecast 2035

The market for courier, express, and parcel (CEP) is the area of the logistics and transportation sector that focuses on delivering documents, packages, and parcels via air, road, and rail. Time-sensitive shipments, door-to-door delivery services, and the use of tracking technologies to guarantee dependability and efficiency are characteristics of this sector. It falls into three main categories: parcel services, which deal with bulk and standard-sized shipments; express services, which concentrate on quick, frequently overnight, delivery with specified timelines; and courier services, which usually handle smaller, local deliveries. The courier, express, and package (CEP) industry has a lot of prospects due to the rapid rise of e-commerce and the increased need from customers for reliable, speedy delivery services. Numerous important factors, such as the expanding e-commerce sector, trade globalization, the rising demand for on-demand delivery, the speed at which cities are growing, sustainability goals, and digital transformation, are propelling the courier, express, and parcel market.