North America Express Delivery Market Size and Competitive Analysis by 2027

Historic Data: 2018-2019 | Base Year: 2020 | Forecast Period: 2021-2027

North America Express Delivery Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Destination (Domestic and International), Business Type (B2B and B2C), and End-user (Automotive, Retail and E-commerce, Pharmaceuticals, BFSI, IT and Telecom, Electronics, and Others)

Report Date : May 2021
Report Code : TIPRE00022625

Category : Automotive and Transportation
Status : Published

Available Report Formats :
No. of Pages : 103

Page Updated: May 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The express delivery market in North America is expected to grow to US$ 94,936.66 million by 2027 from US$ 66,508.22million in 2020. The market is estimated to grow at a CAGR of 5.2% from 2020 to 2027.

The US, Canada, and Mexico are the major counties in considered in North America. Growth in adoption of smartphones and high penetration of Internet across the region is positively influencing the adoption of e-commerce across the North American population. This has also influenced businesses to adopt online selling channels to reach a higher customer base. For instance, according to GSMA, the countries with the highest percentage of smartphone users in North America are the US (81.6%), and Mexico (54.4%). 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 which is expected to drive the market in North America.

Favorable government policies to boost innovation and reinforce infrastructure capabilities, North America have the highest acceptance and development rate of emerging technologies. Any impact on industries is therefore projected to have a negative influence on the region's economic development. Currently, due to the COVID-19 outbreak, the US is the world's worst affected country, thus affecting the sudden stands still across all the industries present in the region. Millions of Americans sit at home in the midst of the COVID-19 crisis thereby reducing the rate of online shopping and their demand for express delivery of the purchased item across the region. However, the healthcare industry has been utilizing the services of the express delivery companies even during the outbreak of the pandemic. But the share of services utilized by other industries stands more when compared to the healthcare sector, thereby, impacting the market negatively. However, the companies across the region are taking necessary steps to reduce the impact of losses incurred during the pandemic.

With the new features and technologies, companies can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Express delivery market. The North America Express delivery market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Express delivery Market Segmentation

North America Express delivery Market – By Destination

Domestic
International

North America Express delivery Market – By Business Type

North America Express delivery Market – By End-user

Automotive
Retail and E-commerce
Pharmaceuticals
BFSI
IT and Telecom
Electronics
Others

North America Express delivery Market, by Country

US
Canada
Mexico

North America Express delivery Market -Companies Mentioned

Amazon.com, Inc.
Aramex
DHL International GmbH
FedEx Corporation
TNT Holdings B.V.
United Parcel Service of America, Inc.

North America Express Delivery Report Scope

Report Attribute	Details
Market size in 2020	US$ 66,508.22 Million
Market Size by 2027	US$ 94,936.66 Million
Global CAGR (2020 - 2027)	5.2%
Historical Data	2018-2019
Forecast period	2021-2027
Segments Covered	By Destination Domestic and International By Business Type B2B and B2C By End-user Automotive Retail and E-commerce Pharmaceuticals BFSI IT and Telecom Electronics
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Amazon.com, Inc. Aramex DHL International GmbH FedEx Corporation TNT Holdings B.V. United Parcel Service of America, Inc.

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Express Delivery Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Express Delivery Market Report Snapshots

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