According to the IMARC Group, Courier, express, and parcel (CEP) are the services that provide delivery of various goods and products through land, air, or waterways across locations. The packaged goods are non-palletized and generally weigh around a hundred pounds altogether. These services function typically on business-to-business (B2B), business-to-customer (B2C) and customer-to-customer (C2C) model, combined with other value-added services for the enhanced delivery experience. Unlike conventional courier and parcel services, express deliveries are generally time-bound, enabling high-value consignments to be delivered in few days or at a pre-decided date and time.
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In Europe, a significant growth in the e-commerce sector is driving the market for CEP. The rising development of numerous cross-border trade channels with the neighboring regions has escalated the number of international trade and B2C shipments. Moreover, growing consumer traction towards online shopping through e-commerce portals further bolsters the market growth in Europe. Several e-commerce companies are partnering with courier service providers for the delivery of goods across both domestic and international locations, thereby augmenting the demand for CEP services. Additionally, the growing integration of numerous digitally advanced technologies with crowdsourced delivery models will continue to drive the Europe market for CEP in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe courier, express and parcel (CEP) market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, service type, destination, type and end use sector.
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Breakup by Service Type:
B2B (Business-to-Business)
B2C (Business-to-Consumer)
C2C (Customer-to-Customer)
Breakup by Destination:
Domestic
International
Breakup by Type:
Air
Ship
Subway
Road
Breakup by End Use Sector:
Services (BFSI- Banking, Financial Services and Insurance)
Wholesale and Retail Trade (E-commerce)
Manufacturing, Construction and Utilities
Others
Breakup by Country:
Germany
France
United Kingdom
Italy
Spain
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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