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Global Domestic Couriers Markets Report 2021
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The global domestic couriers market is expected to grow from $36.48 billion in 2020 to $39.86 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%.
Major players in the domestic couriers market are, FedEx Corporation, United Parcel Service Inc., A-1 Express, SF Express Co. Ltd., UPS Limited, DHL Express, Yunda Holding Co., Ltd., Royal Mail and Japan Post Group.
The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $68.48 billion in 2025 at a CAGR of 14%.