International Courier Market Insights Video

According to Cognitive Market Research, the global International Courier market size was USD 52614.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 21045.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15784.26 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 12101.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 2630.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1052.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
• The E-commerce stands out as the dominant end-user industry. This dominance is driven by the exponential growth of online shopping and the increasing volume of cross-border e-commerce transactions