DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Courier, Express, and Parcel (CEP) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The Asia-Pacific CEP Market is estimated to grow at a CAGR of more than 6% during the forecast period.
Asia-Pacific is the largest regional parcel market by value, accounting for more than 60% of the total ecommerce market worldwide. The demand for CEP services in the Asia-Pacific region is expected to witness high growth during the forecast period, owing to the high population growth, rising disposable incomes and standards of living, and growth in international trade.
As the governments are focusing on developing the manufacturing sectors in the countries and the global companies are setting up their manufacturing bases in the region, the international trade of the countries is rising and is expected to rise further in the future. The retail sector in the region is also growing rapidly.
China contributes to the major share of the Asia-Pacific CEP market. The express delivery market of the country is the largest in the world and accounts for almost 40% of the total delivery volume across the world. The Southeast Asia region is one of the emerging hotspots, globally, attracting investments from across the world. E-commerce in the region is also expected to bolster through the forecast period.
Key Market Trends
Growing E-Commerce trend in the region
Asia is the fastest-growing region in the global e-commerce marketplace accounting for the largest share, around 64% of the world's business-to-consumer e-commerce market. In 2019, China lead the e-commerce market in the Asia Pacific with 61% of consumers shopping online whilst New Zealand and Japan is the smallest markets, lagging behind at 33% and 34% respectively.
Asia's stellar growth in e-commerce is not limited to China, as India, Japan, and South Korea are among the economies with the largest shares of e-commerce sales in retail sales worldwide. China also has the second-largest retail market in the world and the cross-border e-commerce channel in the market is growing rapidly. This rapid growth in e-commerce markets in the region drives the demand for express and parcel deliveries.
Increasing Express Shipments and Small Parcels
Asia-Pacific has continued to cement its position as one the world's most important regions for express parcels. The national postal operators such as SingPost, Japan Post and Australia Post are all investing heavily to expand their operations in the region.
The region has long been a major destination for multinational companies as supply chains have globalized and demand for Asian exports from Western countries has increased. As the region moves from an export-dependent to a consumer-driven economy, logistics dynamics are shifting.
What was once an international supply chain dominated by air and ocean freight providers has evolved into an e-commerce-driven regional supply chain influenced by domestic express and small parcel suppliers. Unlike the US, the Asia-Pacific market is a fragmented and immature market struggling to meet huge demand. As a result, many retailers and providers of e-commerce have established their own logistics solutions.
Competitive Landscape
The Asia Pacific CEP Market is Fragmented with the presence of many International and Local CEP companies. As the demand for CEP services is growing rapidly across the globe specially in developing countries, the companies are becoming more competitive to capture the huge opportunity. The international players are making strategic investments to establish a regional logistics network, such as the opening of new distribution centers, smart warehouses, etc.
In the Asia-Pacific region, the international logistics companies like DHL, FedEx and UPS are some of the more prominent players with greater market share as compared to other logistics players in the region. The domestic players in each country dominate the CEP market in the respective countries.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Value Chain/Supply Chain Analysis
4.3 Government Regulations and Initiatives
4.4 Technological Trends and Automation in APAC CEP Industry
4.5 Insights on the E-commerce Industry (Domestic and Cross-border E-commerce)
4.6 Insights on Startups, Venture Capital Funding in APAC CEP Industry
4.7 Brief on Courier Rates
4.8 Elaboration on Storage Functions and Value-added Services in CEP Business
4.9 Insights into the Reverse Logistics and Same-day Delivery Market
4.10 Insights into Deliveries during Festive Season (Christmas, Singles' Day, Black Friday, etc.)
4.11 Impact of COVID-19 on the Market
5 MARKET DYNAMICS
5.1 Market Drivers
5.2 Market Restraints/Challenges
5.3 Market Opportunities
5.4 Industry Attractiveness - Porter's Five Forces Analysis
6 MARKET SEGMENTATION (MARKET SIZE (2016-2025), GROWTH, TRENDS, AND FORECASTS)
6.1 By Business
6.1.1 B2B (Business-to-business)
6.1.2 B2C (Business-to-consumer)
6.2 By Destination
6.2.1 Domestic
6.2.2 International
6.3 By End User
6.3.1 Services (BFSI (Banking, Financial Services and Insurance))
6.3.2 Wholesale and Retail Trade (E-commerce)
6.3.3 Manufacturing, Construction, and Utilities
6.3.4 Primary Industries (Agriculture, and Other Natural Resources)
6.4 By Country
7 COMPETITIVE LANDSCAPE
7.1 Overview (Market Concentration, Major Players)
7.2 Company Profiles
7.2.1 Deutsche Post DHL Group
7.2.2 United Parcel Service Inc.
7.2.3 SF Express (Group) Co. Ltd
7.2.4 Australia Post
7.2.5 Yamato Holdings Co. Ltd
7.2.6 Blue Dart
7.2.7 Pos Malaysia Berhad
7.2.8 JNE Express
7.2.9 CJ Logistics
7.2.10 GD Express Sdn Bhd
7.2.11 Thailand Post
7.2.12 FedEx
7.2.13 Sagawa Express
7.2.14 Kerry Express
7.2.15 Toll Group
8 FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/fii6nb
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