Slowing global economies, lower international trade growth, and cross-border reform pose challenges to the global express and small parcels market, whose growth rate continues to slow, according to ResearchAndMarkets.com’s recently published report “Global Express and Small Parcels 2019.”
E-commerce drives this market, and cross-border B2C e-commerce and alternative delivery networks represent opportunities for growth within the sector. The report also contains in-house market sizing, with both five-year CAGR and 2019 full year estimates. There are also in-depth case studies of alternative delivery networks, including Amazon, Alibaba and JD.com’s locker networks and analysis of how changes to foreign market access might impact low cost e-retailers.
Finally, the report looks at the express market in regional terms, reviewing regional market structure and competitive landscape.
Highlights of the report include:
- The global express and small parcels market grew 8.5% in 2018, representing a slowdown from 2017.
- In 2019, the publisher expects market growth to slow further and projects an expansion in real terms of 8.1%.
- Asia Pacific’s extraordinary growth rates are leading global growth by some margin.
- The development of alternative delivery solutions has strategic implications in the trade-off between inventory management and product availability.
- The automotive aftermarket represents a huge opportunity for LSPs, but only if they can compete with tech capabilities and e-retail opportunities.
- Recent agreements may ease some cross-border concerns but issues remain.
The report examines what’s happened in the global express and small parcels market between 2018 and 2019, express opportunities in the automotive sector, and strategic implications and benefits of alternative delivery solutions, as well as the impact postal reform will have on cross-border e-commerce. It also looks at growth prospects for domestic and international express over the next five years and identifies growth opportunities.
Source: ResearchAndMarkets
