Europe Express Delivery Market

Europe Express Delivery Market Size (2024 to 2029)

The Europe express delivery market size is expected to reach USD 79.47 billion in 2024 and reach USD 111.98 billion by 2029, growing at a CAGR of 7.1% from 2024 to 2029.

Express delivery is a type of shipping service that is faster than regular mail or parcel delivery. It is typically used for urgent or time-sensitive shipments and can often deliver packages within one to two business days. Many carriers, including USPS, FedEx, and UPS, offer express delivery services. These services are typically more expensive than regular mail or parcel delivery, but they offer the convenience of faster delivery times.

Europe is one of the promising regions for the express delivery market worldwide. Express delivery is available in many countries in Europe. Some of the major carriers that offer express delivery services in Europe include USPS, FedEx, and UPS. Additionally, many local carriers in European countries also offer express delivery services. Some examples of European countries where express delivery is available include the United Kingdom, France, Germany, Italy, Spain, and Poland.

The adoption of express delivery is growing significantly in F&D and healthcare industries across the European region, which is anticipated to boost the market’s growth rate during the forecast period.

Express delivery is often used for food and beverage shipments, as it allows for the timely delivery of perishable items. Express delivery can also deliver healthcare items, such as medication or medical supplies. In both cases, express delivery can be essential to ensuring that items are delivered quickly and efficiently. For example, if a person needs a prescription medication, using express delivery can help to ensure that they receive it as soon as possible. Similarly, if a restaurant needs to receive a shipment of fresh ingredients, express delivery can help to ensure that they are delivered in a timely manner and are still fresh when they arrive.

The growing adoption of same-day delivery across the European region is expected to fuel the express delivery market in this region. Same-day delivery is an express delivery service in which packages are delivered on the same day they are shipped. This type of service is often used for urgent or time-sensitive shipments and can be an essential tool for businesses and individuals who need to receive items quickly. Same-day delivery is available in many European countries and is offered by many carriers, including USPS, FedEx, and UPS. In addition, some local carriers in European countries may also offer same-day delivery services.

Reliability issues associated with express delivery and high costs are anticipated to hinder the European express delivery market. There are several drawbacks to express delivery, including the potential for increased shipping costs, the potential for lost or damaged packages, and the potential for delayed or late deliveries. Additionally, express delivery services can be less reliable and inefficient than regular delivery services, especially for longer distances or deliveries to remote or rural areas. Finally, express delivery can be less environmentally friendly than regular delivery due to the increased use of fossil fuels and other resources required to rush packages to their destinations.

Impact of COVID-19 on the European Express Delivery Market:

The COVID-19 pandemic has had a major impact on the delivery industry in Europe. Many businesses were forced to close or reduce their operations, leading to declining demand for delivery services. At the same time, the pandemic led to an increase in online shopping and home deliveries, as more people stayed at home and avoided going to physical stores. This shift in consumer behavior has pressured delivery companies to adapt and find new ways to meet the increased demand for their services. In some cases, this has led to delays and disruptions in the delivery process, as well as challenges in maintaining the health and safety of workers. Overall, the pandemic has significantly impacted the delivery industry in Europe and has led to significant changes in how goods are transported and delivered. As mentioned above, the European express delivery market recently had a mixed impact from COVID-19. However, the market is expected to grow considerably during the forecast period.

REPORT COVERAGE:

This research report on the European express delivery market is segmented and sub-segmented into the following categories.

Europe Express Delivery Market – By Destination:

• Domestic
• International  

Based on the destination, the domestic segment had the largest European market share in the recent past. The growing demand for online shopping is prompting the demand of the market.

Europe Express Delivery Market – By Business Type:

• B2B
• B2C

Based on business type, B2B held the leading share of the European region in 2021. However, B2C is gaining traction and is expected to register the fastest CAGR during the forecast period. Increasing

Europe Express Delivery Market – By End-User:

• Automotive
• Retail and E-commerce
• Pharmaceuticals
• BFSI
• IT and Telecom
• Electronics
• Other

The automotive segment is ruling with the dominant shares of the European express delivery market. An increasing number of automotive industries is likely to propel the demand of the market.

Europe Express Delivery Market – By Country:

• UK
• Russia
• Germany
• Italy
• France
• Spain
• Sweden 
• Denmark
• Poland
• Switzerland
• Netherlands
• Rest of Europe

The UK is expected to hold the largest share of the European region during the forecast period. In the UK, many major courier companies offer express delivery, including DHL, UPS, and FedEx. These companies provide a range of express delivery options, including same-day delivery, next-day delivery, and international delivery. Express delivery services in the UK are typically more expensive than regular delivery services, but they offer several benefits, such as guaranteed delivery times and real-time tracking of packages. As a result, many businesses and consumers in the UK use express delivery services to ensure that their packages are delivered quickly and reliably.

On the other hand, Spain and Italy are expected to grow significantly in the European region during the forecast period.

KEY MARKET PLAYERS:

Aramex International LLC, BTA International BV, Deutsche Post DHL Group, DPDgroup, DPEX Europe, FedEx Corp, Manston Express Transport, Schenker AG, SDA Express Courier Spa, United Parcel Service Inc. Some of the major key players involved in the Europe express delivery market.

RECENT HAPPENINGS IN THIS MARKET:

• In April 2019, FedEx, one of the notable market players in the express delivery market, was announced as the official logistics partner for the UEFA EURO 2020 tournament. As part of this partnership, FedEx will be responsible for providing a range of logistics and delivery services for the tournament, including the transportation of equipment, gear, and other materials to and from the tournament venues. This partnership is a significant opportunity for FedEx to showcase its sports logistics expertise and build its brand in Europe. The UEFA EURO 2020 tournament is one of the largest and most prestigious sporting events in Europe, and it is expected to attract millions of fans from around the world. By partnering with UEFA, FedEx will have the chance to demonstrate its ability to provide reliable and efficient logistics services on a large scale.