Fedex, Deutsche Post AG and United Parcel Service of America, Inc. are Dominating the Global Courier Market in 2020

Global Courier Market is expected to grow with the CAGR of 7.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global courier market is a fragmented market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global courier market are introducing strong range of service portfolio. This helped companies to maximize the sales with enhanced service portfolio.

For instance,

  • In October 2015, SF Express expanded their service coverage network to India. With this, the company’s customers can enjoy reliable express delivery service to all areas within India at competitive rates. This has helped the company to enhance their presence and reach in the Indian market.

Fedex is the dominating player in global Courier market. The other key players existing in the market includes FedEx, Deutsche Post AG, United Parcel Service of America, Inc., Yamato Transport Co., Ltd. (A Subsidiary of YAMATO HOLDINGS CO., LTD.), Koninklijke PostNL, Aramex, Singapore Post Limited, SF Express, Sagawa Express Co.,Ltd. (A Subsidiary of SG Holdings Co., Ltd.), Qantas Airways Limited, Allied Express, Unique Air Express, Gati-Kintetsu Express Private Limited, Royal Mail Group Limited, DTDC Express Limited, Hermes Europe GmbH, GO! Express & Logistics (Deutschland) GmbH, GEODIS, Delhivery Pvt Ltd, and LaserShip Inc among others.

Courier Market

Fedex

Fedex is headquartered in Tennessee, U.S. which was established in 1973. The company is engaged in providing various different types of shipping services to customers. The service categories of the company include shipping and tracking out of shipping segment is market focused category

  • In May 2016, FedEx announced the acquisition of TNT Express for Euro 4.40 billion. Through this acquisition, the company combined the strengths of the companies and expanded their portfolio and reshaped the global transportation and logistics industry. This has helped the company to enhance their offerings and to grow in the market.

The company has presence in North America, Europe, Asia-Pacific, Latin America, and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as TNT Express (Netherlands), Fedex office (U.S.), Fedex Express (U.S), and among others.

Deutsche Post AG

Deutsche Post AG is headquartered in Bonn, Germany and it was established in year 1969. The company is engaged in providing shipping services to the customers. Some of the service category include track and ship and the market focused category is ship.

  • In March 2018, Deutsche Post AG announced launch of a delivery service named as DHL eCommerce’s Parcel Metro service for online retailers in the eight U.S. cities. This Parcel Metro service offers delivery windows ranging from two hours to same-day and next day and also added a Saturday delivery option. This has helped the company to enhance their offerings and to grow in the market.

The company has presence in North America, Europe, Asia-Pacific, South America, and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as DHL (U.S.), StreetScooter (Germany), UK Mail (U.K.), and among others).

United Parcel Service of America, Inc.

United Parcel Service of America, Inc. is headquartered in Georgia, U.S. and which was founded in 1907. The company is engaged in providing various type of shipping services to the customers. Some of the services categories include by type and by size out of which by type is the market focused service category.

  • In July 2019, United Parcel Service of America, Inc. announced launch of new products and services namely UPS My Choice for Business Service Platform. This new platform provides small- and medium-sized businesses unprecedented inbound and outbound shipping control and visibility. These new solutions were designed to capture growth opportunities in markets such as small- and medium-sized businesses (SMBs), e-commerce, international countries and healthcare.

The company has global presence in North America and Europe. In addition, company also generates revenue through the subsidiary such as The UPS Store (U.S.), Mail Boxes Etc (Italy), UPS Ground Freight Inc. (U.S.), Kiala SA (Belgium), among others.