According to Cognitive Market Research, The Global Parcel Delivery market size is USD 468.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 4.60% from 2023 to 2030.
The demand for Parcel Delivery is rising due to the rapid expansion of e-commerce has played a pivotal role in driving the growth.
Demand for B2C remains higher in the Parcel Delivery market.
The online trading category held the highest Parcel Delivery market revenue share in 2023.
North American Parcel Delivery will continue to lead, whereas the Asia Pacific Parcel Delivery market will experience the most substantial growth until 2030.
