According to the report analysis, ‘Couriers And Messengers Global Market Report 2019’ states that the couriers and messenger's services market effectively consists of sales of courier and messenger services by several potential entities (organizations, sole traders and partnerships) that deliver the tracked, guaranteed express delivery services of small packages and parcels and local messenger services, in the metropolitan areas, urban centers or international terminuses.
Additionally, in the market of couriers and messengers, there are several key players which are presently functioning more actively for leading the fastest market growth and registering the high value of market share across the globe throughout the short span of time while determining the changing behavior of the consumers, developing the services of courier and express delivery service providers and increasing the services at the reasonable price includes Deutsche Post DHL Group, United Parcel Service, FedEx, Japan Post Holdings, Schenker AG and several others.
However, based on the region, the market of couriers and messengers is spread across the globe which majorly involves North America, Europe, Asia Pacific region, South Africa and Rest of the World. Whereas, the Asia Pacific was the largest economy in the global couriers and messengers market which significantly dominating for 37% of the market in 2018. The North America region was the second largest region registering for 25% of the global couriers and messengers market. For instance, the Africa was the smallest economy in the global couriers and messengers market.
Not only has this, the Courier and express delivery service providers are progressively utilizing the automated parcel terminals. The automated parcel terminals are computer controlled units which consent the consumers to effectively gather, hand in and return parcels everywhere the clock. These terminals are positioned at locations with the thoroughgoing footfall such as walkways, convention centers, grocery outlets, shopping malls, convenient stores, gas stations and railway stations. These terminals significantly develop the quality of delivery services network and decrease the last mile delivery management costs for the corporate. Automated parcel terminals are being comprehensively utilized in the Europe and the global market for automated parcel delivery terminals is anticipated to reach USD 918 million by 2024, thus demonstrating a significant prospective for these automated systems.
Nevertheless, due to the flourishing e-commerce industry and developing cross-border deliver, the market of courier and messenger along the automated parcel delivery terminals is predicted to observe an extensive growth in the near years to come. Furthermore, with the entrance of new players the market and progressing vigorously as compared to the old players, the market for the couriers and messengers is expected to be registered by the new players in the near years.
Sideways, with the automated parcel terminals, the cost has been decreased which incurred in the logistic chain and developed the efficiency of the parcel delivery. Therefore, in the coming years, it is predicted that the market of couriers and messengers will increase across the globe more positively over the coming years with the effective developments in the automated parcel terminals.
For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/couriers-messengers-global/193450-100.html
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