Express Delivery Market in Europe 2017-2021
About Express Delivery
Increased demand for express delivery from the e-commerce industries will fuel the growth of the express delivery market in Europe. The vendors offer timely delivery of products, which vary from delivery within 24 hours or delivery of products within three business days, depending on the region the products are to be shipped to. Apart from time-definite delivery, the weight of the parcel is important while considering the packaging of the parcel. On an average, individual packages can weigh up to 65 kgs. The number of packages can be numerous, but the weight of each individual parcel should not exceed 65 kgs-70 kgs.
Technavio’s analysts forecast the express delivery market in Europe to grow at a CAGR of 3.67% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the express delivery market in Europe for 2017-2021. To calculate the market size, the report considers the revenue generated by the express delivery services in Europe.Technavio's report, Express Delivery Market in Europe2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Express Delivery Market in Europe2017-2021
Technavio recognizes the following companies as the key players in the express delivery market in Europe: Aramex, Deutsche Post DHL, FedEx, and UPS.
Other Prominent Vendors in the market are: BTA Transport, Burns Express Freight, Cargo Express Delivery, DPEX Europe, Express Transport, GeoPost, General Logistic Systems (GLS), Hermes Group, Interlink Express, Manston Express Transport, SDA Express, Simpex Express, and Tuffnells Parcels Express.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is advances in IT-enabled technology in express delivery services. Express delivery service providers are implementing IT-enabled services, such as GPS tracking, online tracking, communication services, automatic updating of records, 2-D barcoding, and real-time tracking to provide hassle-free services to customers. IT-enabled services also help make the business processes faster and more accurate than manual processes. This increases the profitability of express delivery service providers.”
According to the report, one of the major drivers for this market is growing demand for express delivery services in medical and emergency healthcare sectors. Express delivery services for medical emergencies and urgent transportation of samples and specimens are vital for any hospital, medical clinics, or testing labs. Quick transportation between hospitals, medical clinics, and healthcare facilities is essential. Vendors in the European market are focusing on improving the delivery time of medical emergency products and samples by implementing route optimization tools to keep track of the delivery and to ensure timely delivery of the products.
Further, the report states that in express delivery, one of the major challenges faced by the consumers is the fuel surcharge that is calculated along with the base shipping rates. With fluctuating prices of fuel, players in the market apply surcharges to meet the shortage of fuel, when the prices of gasoline are high. Depending on the price of the fuel, companies apply surcharges during delivery.
Aramex, Deutsche Post DHL, FedEx, UPS, BTA Transport, Burns Express Freight, Cargo Express Delivery, DPEX Europe, Express Transport, GeoPost, General Logistic Systems (GLS), Hermes Group, Interlink Express, Manston Express Transport, SDA Express, Simpex Express, Tuffnells Parcels Express.
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