The quickest method of shipping is express delivery. For this form of delivery, the client pays an additional shipping fee, as the shipment will be shipped to him somewhere from 24 to 72 hours. The key factor driving the express delivery market is the rising adoption of e-commerce among global population. Increase in adoption of smartphones and high penetration of Internet across the globe is positively influencing the adoption of e-commerce across the global population. This has also influenced businesses to adopt online selling channels to reach a higher customer base. For instance, according to GSMA, the top countries with the highest percentage of smartphone users are China (63.4%), India (31.8%), the US (81.6%), Indonesia (58.6%), Brazil (51.4%), Russia (68.5%), Japan (59.9%), Mexico (54.4%), Germany (77.9%), and Vietnam (63.1%). Additionally, the Internet penetration across these countries is influencing the population to adopt online buying. Express delivery is being highly adopted by brands and e-commerce websites to offer better customer service by delivering parcels in less time.
Increase in adoption of smartphones and high penetration of Internet across the globe is positively influencing the adoption of e-commerce across the global population. This has also influenced businesses to adopt online selling channels to reach a higher customer base. For instance, according to GSMA, the top countries with the highest percentage of smartphone users are China (63.4%), India (31.8%), the US (81.6%), Indonesia (58.6%), Brazil (51.4%), Russia (68.5%), Japan (59.9%), Mexico (54.4%), Germany (77.9%), and Vietnam (63.1%). Additionally, the Internet penetration across these countries is influencing the population to adopt online buying. Express delivery is being highly adopted by brands and e-commerce websites to offer better customer service by delivering parcels in less time.
AFTERSHIP LTD, ARAMEX INTERNATIONAL LLC, DHL INTERNATIONAL GMBH, FEDEX CORPORATION, KONINKLIJKE POSTNL, POSTE ITALIANE., SF EXPRESS (GROUP) CO. LTD., TNT HOLDINGS B.V, UNITED PARCEL SERVICE OF AMERICA, INC, and USPS amongst others. – PROMINENT MARKET PARTICIPANTS IN EXPRESS DELIVERY MARKET
Most of the market initiatives were observed in North America region, which have a high potential of express delivery providers. Few of the important market initiatives and product developments from the industry are mentioned below:
|
Date |
Development |
Description |
|
2020 |
PostNL delivered more than ten million parcels in seven days |
PostNL delivered more than ten million parcels in seven days.With the web shops, PostNLmaked every effort to deliver the parcels to consumers on the agreed day. In the past week, the success rate was over 95%. |
