Parcel Delivery Market Synopsis:
The report on the Parcel Delivery Market presents an exhaustive analysis to define its target audience, incorporating insights into market dimensions and profiles of prominent key players. The study encompasses a comprehensive scrutiny of the Parcel Delivery Market, coupled with an exploration of the factors influencing geographical differentials in market expansion.
Market Extent: The comprehensive market study, encompassing predictions of market dimensions, statistical computations, market segmentation, anticipatory trends, and data triangulation, has been completed. Thorough primary research has been conducted to accumulate, verify, and corroborate pivotal figures. This stage plays a pivotal role in target market selection, new product conceptualization, and discovery of fresh market segments. In order to furnish essential insights throughout the study, all data amassed during the market progression is subjected to thorough qualitative and quantitative analysis.
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Regional Appraisal:
The regional analysis of the Parcel Delivery market encompasses specific market propellers and alterations in market regulations influencing present and future market tendencies. Businesses engaged in operations need to fathom the characteristics of these specific markets and gauge whether tailored marketing strategies are requisite. The evaluation of the geographic market is underpinned by prevailing scenarios and trends. Enterprises conducting global operations must assimilate the dynamics of these specific markets and determine the necessity for specialized marketing methodologies.
Parcel Delivery Market Segment Analysis
The B2B (Business-to-Business) segment is dominating the Parcel Delivery market and is anticipated to remain so for the forecast period of 2022. The parcel delivery market is expected to grow as B2B parcel drop numbers per recipient and special delivery requirements increase. The B2C category is being driven by the rise of e-commerce and online grocery stores; B2C parcel delivery is predicted to increase at 7% Y-O-Y in 2022-2029. Government rules, gasoline prices, and transportation are the biggest roadblocks to the B2C segment's growth and are also considered key challenges for prominent players in the market.
by Business
B2B (Business-to-Business)
B2C (Business-to-Consumer)
by Destination
Domestic
International
by End User
Services (BFSI (Banking, Financial Services and Insurance))
Wholesale and Retail Trade (E-commerce)
Manufacturing, Construction, and Utilities
Primary Industries (Agriculture, and Other Natural Resources)
Parcel Delivery Market Key Players are
1 .Bell and Howell
2. Cleveron Ltd.
3. TZ Ltd., LLC
4. KEBA AG
5. ENGY Company
6. Neopost Group
7. ByBox Holdings Ltd.
8. InPost
9. Smartbox Ecommerce Solutions Pvt. Ltd.
10. Amazon.com, Inc.
11. Deutsche Post DHL Group
12. United Parcel Service Inc.
13. FedEx Corporation
14. Aramex PJSC
15. SF Express (Group) Co. Ltd
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COVID-19 Impact Evaluation on Parcel Delivery Market:
The global economy bore a significant impact from the COVID-19 pandemic, with healthcare services and associated industries experiencing substantial disruptions. The Parcel Delivery market, in particular, witnessed both adverse and positive effects. The heightened demand for medical professionals had a favorable impact on market growth. However, manufacturers in the Parcel Delivery sector, as well as companies within the industry, encountered considerable setbacks during the pandemic. The repercussions of COVID-19 were experienced across urban and rural areas alike. The outbreak, initially concentrated in major metropolitan centers, eventually affected both rural and urban populations. Moreover, there was a surge in interest in online medical services and therapies. Import-export restrictions due to lockdowns affected the Parcel Delivery market's dynamics.
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