Insights on the Worldwide Parcel Delivery Industry to 2024 - Online Retail is the Main Driver of Growth in the Market - ResearchAndMarkets.com
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Business Wire
DUBLIN--(BUSINESS WIRE)--The "Global Parcel Delivery Market Insight Report 2020" report has been added to ResearchAndMarkets.com's offering.The global parcels market was almost US$430bn in 2019, up from just under US$380bn in 2018.Asia Pacific is the largest regional parcels market by value, accounting for around 42% of the global market. North America and Europe together represent a little over 50% of the market.China is the key growth market, representing almost 62% of the Asia-Pacific regional total by value. Chinese volumes reached 64bn in 2019.The US is still the largest country market in value terms, although China has surpassed it in volume. In Europe, Germany remains the largest market with Italy and the UK having been the fastest-growing of the main countries (8.5% and 7.1% CAGR respectively).The report covers the parcels market at the global level and region-by-region.There is necessarily most focus on the top 10 country markets (US, Canada, Germany, UK, France, Italy, C
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