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Courier, Express and Parcel (CEP) Market size is set to grow by USD 165 billion from 2024-2028, Rise in ftas to drive investments in courier, express, and parcel markets in emerging economies to boost the market growth, Technavio

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NEW YORK, June 28, 2024 /PRNewswire/ — The global courier, express and parcel (CEP) market  size is estimated to grow by USD 165 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.8%  during the forecast period. Rise in ftas to drive investments in courier, express, and parcel markets in emerging economies is driving market growth, with a trend towards growing integration of last-mile delivery models with courier, express, and parcel companies. However, increasing threat from sharing-based business models  poses a challenge. Key market players include Allied Express Transport Pty Ltd., Aramex International LLC, Canada Post Corp., Deutsche Post AG, DTDC Express Ltd., FedEx Corp., First Flight Courier Ltd., India Post, Japan Post Holdings Co. Ltd., Korea Post, La Poste, Nippon Express Holdings Inc., One World Express Inc. Ltd., Otto GmbH and Co. KG, Royal Mail Plc, SF Express Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., United States Postal Service, and Yamato Transport Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Consumer (B2B, B2C, and C2C), Delivery (International and Domestic), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

Allied Express Transport Pty Ltd., Aramex International LLC, Canada Post Corp., Deutsche Post AG, DTDC Express Ltd., FedEx Corp., First Flight Courier Ltd., India Post, Japan Post Holdings Co. Ltd., Korea Post, La Poste, Nippon Express Holdings Inc., One World Express Inc. Ltd., Otto GmbH and Co. KG, Royal Mail Plc, SF Express Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., United States Postal Service, and Yamato Transport Co. Ltd.

Key Market Trends Fueling Growth

The last-mile delivery (LMD) model integration with e-commerce vendors is a significant market trend, driven by the increasing demand for instant delivery services. This growth is particularly noticeable in the instant delivery market, where high capital investments are being made in startups and venture firms. The e-commerce sector is responding by introducing new delivery models, such as hub-and-spoke and LMD, to cater to customer needs. These models include postal mail run, crowd shipping, courier delivery, and delivery to lockers. Despite the popularity of instant delivery, price remains a key decision factor for over half of online customers. However, for certain product categories like medicines and groceries, customers prefer traditional purchasing methods due to longer delivery times. To differentiate themselves, major e-commerce players like Amazon, Myntra, e-bay, and Flipkart are focusing on faster delivery services, leading to increased alliances with logistics vendors and market growth during the forecast period. 

The Courier, Express and Parcel (CEP) market is currently experiencing significant growth, driven by the increasing demand for fast and reliable delivery services. Domestic and international shipping volumes are on the rise, with a particular focus on e-commerce and business-to-business transactions. Technologies such as automation and real-time tracking are trending, allowing for more efficient and transparent operations. Delivery companies are also expanding their networks and services, offering new options like same-day and overnight delivery. Additionally, the use of manufacturing hubs and distribution centers is becoming more common to reduce delivery times and costs. Overall, the CEP market is evolving to meet the changing needs of consumers and businesses alike. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The Courier, Express, and Parcel (CEP) market is highly competitive, with new players, including startups and merging companies, entering the scene. These new entrants utilize technology and attractive freight rates to gain an edge. The logistics industry’s potential for technological advancements, such as robotics and ICT, remains untapped due to digitalization and labor training challenges. Partnerships between industry players and technology providers, as well as global companies’ entry, are driving the CEP industry’s digital transformation, leading to cost savings, improved efficiency, and service quality assurance. This transformation may pose a threat to market growth in the forecast period.The Courier, Express and Parcel (CEP) market faces several challenges in providing efficient and reliable services. One major challenge is the increasing demand for faster delivery times, particularly in the e-commerce sector. Another challenge is the need to maintain a large and dispersed network of delivery centers and transportation fleets to ensure timely delivery. Domestic and international regulations also pose challenges in terms of compliance and documentation requirements. Additionally, the rise of digital technologies and automation necessitates significant investment in IT infrastructure and systems upgrades. Markets can be segmented based on services offered, such as on-demand, scheduled, and same-day delivery, and by regions including North America, Europe, Asia Pacific, and others. Competition is intense, with major players including UPS, FedEx, DHL, and TNT, among others.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This courier, express and parcel (cep) market report extensively covers market segmentation by

Consumer 1.1 B2B1.2 B2C1.3 C2CDelivery 2.1 International2.2 DomesticGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 B2B-  The B2B segment of the Courier, Express, and Parcel (CEP) market involves business transactions for procurement of raw materials or finished goods. This sector contributes significantly to the supply chain and is growing moderately due to e-commerce expansion and Internet penetration. E-commerce solutions enhance B2B efficiency with features like custom pricing, catalogs, and streamlined checkout. The B2B e-commerce model is being adopted, leading to direct sales and cross-border trade. However, complexities from increased e-commerce volume, instant delivery demands, and return shipment management pose challenges for CEP service providers. Despite these hurdles, investments from B2B companies in direct selling methods and cross-border trade in emerging economies fuel market growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Courier, Express and Parcel (CEP) market caters to various sectors, including retail customers, government agencies, and both business and individual clients. This industry offers efficient and reliable delivery solutions for parcels and documents via air, water, land, ensuring safe delivery options and timely delivery. The market is particularly crucial for international trade, providing trackability and immediate delivery solutions for critical items such as medical supplies, legal documents, and perishable goods. Cross-border e-commerce and international parcel deliveries are significant growth areas, with distribution industries relying on CEP services for efficient and timely delivery of parcel shipments. Emergency CEP services are also essential for delivering critical items in a time-sensitive manner. Potential clients in various industries look for CEP services that offer timely, secure, and cost-effective delivery options for their parcels and documents.

Market Research Overview

The Courier, Express and Parcel (CEP) market is a significant sector in the logistics industry, focusing on the timely transportation of documents, packages, and freight. This market caters to various sectors, including e-commerce, healthcare, and government, among others. The demand for CEP services is driven by factors such as increasing urbanization, e-commerce growth, and the need for efficient supply chain management. The market is characterized by intense competition and innovation, with players offering various services such as real-time tracking, priority delivery, and customized solutions. The CEP industry is also leveraging technology, including automation, artificial intelligence, and the Internet of Things (IoT), to enhance operational efficiency and customer experience. Additionally, sustainability is becoming a key focus area, with players exploring alternative fuel options and implementing carbon-neutral practices.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ConsumerB2BB2CC2CDeliveryInternationalDomesticGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Crab2B Makes AsiaWorld-Expo Debut, Connecting Hong Kong’s Mobile Wholesalers with Global Buyers

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HONG KONG, Oct. 18, 2026 /PRNewswire/ — Crab2B, a pioneering B2B trading platform dedicated to mobile devices and digital products, will make its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, opening at AsiaWorld-Expo on October 18, 2026.

Hong Kong has long been a major hub for electronics wholesale trade, but buyers still often rely on fragmented channels to identify suppliers. Crab2B was created to bridge this gap, bringing Hong Kong-based mobile and digital product wholesalers together on one dedicated B2B platform. Headquartered in Hong Kong, Crab2B combines the manufacturing strength of mainland China and the Greater Bay Area’s extensive supply chain capabilities with Hong Kong’s established global trading network. Together, these strengths enable Crab2B to simplify cross-border sourcing, connect buyers directly with suppliers and make international trade more accessible and efficient.

For its first appearance at a major industry trade show, Crab2B is bringing together more than 200 merchants already registered on the platform, marking a significant milestone in its development. The Crab2B booth is expected to attract electronics traders from Southeast Asia, Europe, the Middle East and beyond. Visitors will be able to discover the app’s capabilities through live demonstrations, register on the platform and connect directly with participating merchants to explore business opportunities.

A buyer who experienced the Crab2B app shared: “With Crab2B, we no longer have to search far and wide for reliable suppliers. The platform brings Hong Kong’s mobile phone wholesalers together in one place, giving us greater visibility into available products and sourcing opportunities. Whether I’m at my desk or on the move, I can find products and connect with suppliers whenever I need to. For businesses like ours that source across borders, that kind of access makes a real difference. It saves time, reduces transaction costs and helps us do business more efficiently.”

Crab2B CEO Luo Yaohong said, “We want to be pioneers in cross-border B2B trading for digital products, creating new opportunities for Hong Kong’s wholesale industry. As Hong Kong places greater emphasis on developing digital trade, we’re addressing a longstanding gap in the market with a dedicated digital platform that connects Hong Kong’s electronics suppliers directly with buyers around the world. Our ambition is to make cross-border trading easier, faster and more accessible, while helping Hong Kong businesses reach new markets.”

The platform’s trade show debut is also attracting attention from international merchants, with exhibitors expressing interest in joining Crab2B to expand their reach into overseas markets. Meanwhile, merchants already registered on the platform are looking forward to the launch of its planned online marketplace, which will create further opportunities for sustained collaboration and business growth.

Building on this debut, Crab2B will remain firmly rooted in Hong Kong while expanding its connections with businesses around the world. The company will continue to enhance its platform with smarter sourcing tools, more comprehensive trading capabilities and an increasingly connected network of suppliers and buyers. By making it easier to discover products, establish business relationships and conduct cross-border transactions, Crab2B aims to open new opportunities for merchants of all sizes and help shape the next chapter of Hong Kong’s digital trade industry.

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SOURCE Crab2B

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Canton Fair Buyers Alliance Launched as the 140th Edition Opens

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On October 15, the Canton Fair Buyers Alliance was officially launched at the Canton Fair Complex, marking a significant milestone as the fair celebrates the 70th anniversary of its founding.

More than 140 overseas buyers attended the launch ceremony, highlighting the fair’s enduring role as a bridge connecting global commerce with China’s export sector.

Speaking at the ceremony, Luís Vilariça, CEO of Joinco, Import & Export, Ltd., discussed his company’s long-standing relationship with the Canton Fair. Drawing on years of participation, he reflected on the growth opportunities created through cooperation with Chinese suppliers and highlighted the fair’s role in supporting international business development and global trade exchanges.

The ceremony also featured a joint declaration by alliance members. Representatives from five member companies read the statement in their respective native languages, underscoring the international character of the new organization. Additional members sent video congratulatory messages, joining the celebration and witnessing the official launch of the alliance.

The Canton Fair Buyers Alliance represents one of the fair’s key service innovations. Designed primarily for Fortune Global 500 companies, buyers from the world’s top 250 retailers and leading sourcing enterprises across a diverse range of markets, the alliance aims to offer members a platform for information sharing and resource coordination. The first cohort of alliance members includes 58 companies from 32 countries and regions across 5 continents. Through the alliance, members will gain access to a range of priority benefits spanning four major areas: services, events, resources and information.

 For more convenient attendance, please click here for pre-registration:

https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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SOURCE Canton Fair

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Bioethanol from human hair – Indian start-up’s solution to rising prices of grains and sugar

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GUJARAT, India, Oct. 17, 2026 /PRNewswire/ — In what could be called the beginning of the 5G (fifth-generation) of bioethanol or non-cellulosic bioethanol or non-sugar-based biofuels, an Indian start-up, Techofest Global, based out of Gujarat, has developed its own, indigenous, and patented technology for the production of bioethanol from waste human hair. Such processes would significantly reduce the employment of sugars, grains, and agricultural residues, which form the classical first- and second-generation bioethanol feedstocks. As a result, the rising fuel-vs.-food/fodder debate is anticipated to reduce, and instead, ethanol produced from municipal/industrial waste, after trials, can supplement the current supply being used as blends with presently retailed fossil fuels (E20, E27, etc.). 

As stated by Dr. Ravi, the founder-CEO of Techofest Global, the strategic priority and the USP of the start-up is industrial symbiosis, which, typically, involves an ecosystem of up-cycling/valorising the effluents of an industry, thereby creating a value-chain for residues often lacking an end-of-life. With more than three decades of experience in designing customized nuclear fusion reactors for international programmes, such as ITER, JET/UKAEA and SST-1, Dr. Ravi, a seasoned mechanical engineer, spearheads the start-up’s patented technologies’ scale-up and commercialization.

Two biochemical engineers, Dr. Navnit – the former CTO, and Dr. Kabilan – the former CEO of Biomakerz, Chennai, are the brains behind the current technology/process portfolio of the joint-venture between Techofest Global and Biomakerz. They have been working on biorefineries’ process intensification for more than a decade. “Having foreseen the fuel-vs-fodder/food competition as early as the year 2015, we began developing techno-economically feasible and viable in-vitro metabolically-engineered bioprocesses for scaling-up ethanol production from municipal waste streams between 2019–2021”, says Navnit. After developing operational technologies for international biofuel organizations, serving process engineer roles with certain biorefineries-related OMC R&D’s of India, Dr. Navnit, presently works for a premier academic institution.

An on-going fermentation trial at the Techofest Global-Biomakerz JV’s R&D facility

Techofest Global has developed and tested, in its R&D JV’s pilot-facility of ~100-L, 3 innovative and cost-effective technologies, such as 5G ethanol production using human hair, used cooking oil (UCO), and enriched bio-methane production from disposed sanitary napkins.

“With massive CapEx and OpEx, 2G ethanol technology is facing a major commercialization bottleneck, owing to competition with food/livestock fodder, requirement of a cost-intensive pre-treatment procedure, and the requirement of cellulolytic cocktails, which have a poor recycle efficiency. The proprietary 5G SAFE process developed for the start-up circumvents the mentioned constraints, and instead, utilizes a single-stage saccharification followed by fermentation, and records over 85–90% biocatalyst recovery. Likewise, the proprietary SIM process for bio-methane production, exclusively developed for the start-up, is 2x faster with improved intermittent feeding cycles and continuous gas harvest”, says Navnit.

“With on-going pre-commercialization trials, the proprietary ethanol and bio-methane processes of ours are soon being commercialized”, says Ms. Bhumika, the co-founder and the corporate advisor of the start-up. Furthermore, Mr. Ronak pilots the organization’s global market entry and commercialization frontier.

Techofest Global’s veteran Principal Technology Advisors include: Dr VS Tripathi, former Joint Director, DRDE Gwalior, Dr B S Munjal, former Director, Structures and Thermal group, SAC/ISRO, Academician and Advisor CIKS-Dharohar, GTU, and Dr AV Santhanababu, former Scientist at Satish Dhawan Space Centre. With on-going R&D activities, Dr. Munjal says, “the start-up is striving to provide a unique solution along the lines of the Atmanirbhar and Viksit Bharat Vision 2047”.

Media Contact: www.techofestglobal.com; e-mail: info@techofestglobal.com; contact person: The PR team of Techofest Global.

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