- The key vendors in the Global Courier, Express, and Parcel (CEP) Market 2015-2019 are Deutsche Post DHL, FedEx Corporation, TNT Express N.V. and United Parcel Service Inc. (UPS)
London, 04 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Courier, Express, and Parcel (CEP) Market 2015-2019. An increase in mergers and acquisitions is expected to enable companies to expand their customer base and product and service portfolio. Vendors in this market are opting for the M&A route to increase their global presence and expand their product portfolio as well as achieve economies of scale in various business processes. The Global CEP market is expected to witness a CAGR of 3.42 during 2014-2019.
The Global CEP market is expected to increase its share in terms of revenue in China and India. E-commerce businesses, such as online shopping, require an efficient delivery system. Vendors in the CEP market are providing more express and same-day delivery services by improving the efficiency of their logistics. The increase in M&A in the market has also added to the growth of the market.
“Through the increased use of intermodal logistics services, vendors in the CEP market can provide timely delivery services to customers,” says Faisal Ghaus, Vice President of TechNavio Research.
This is likely to result in an increase in demand for express courier services for shipments that need to be delivered within 48 hours.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
