6/12/2023 0 Comments The courier express![]() ![]() Russia, the United Kingdom, and the Philippines registered more than 20% e-commerce sales growth in 2021. The Indian e-commerce market is expected to grow to USD 111.4 billion by 2025, up from USD 46.2 billion in 2020. Latin America registered USD 85 billion in e-commerce sales in 2021, up by 25% from USD 68 billion in 2020. Moreover, internet penetration and the usage of digital devices like smartphones, laptops, and tablets to purchase goods are also resulting in the tremendous growth of the e-commerce market. A number of factors are contributing to this exponential increase, the most significant being rapid urbanization worldwide. The e-commerce market is witnessing phenomenal growth on a global scale, with its value reaching an incredible USD 13 trillion in 2021. What are the major driving factors for the growth of Courier, Express, and Parcel markets? Furthermore, reports in April 2022 stated that numerous international players refute online claims that express services from the United States to China paused due to COVID-19 they affirm their operations as steady. On top of e-commerce activities, omnichannel retail is gaining traction in certain countries, while economic coordination leads to heightened trade. The CEP industry is flourishing in developing nations due to a surge in international trade, internet access, and smartphone usage, the expansion of the middle class, and greater financial freedom of citizens. Hyderabad, Ma(GLOBE NEWSWIRE) - According to a new market research report titled “Courier, Express, and Parcel (CEP) Market - 2023 - 2028", the market is expected to grow at a CAGR of >10%. ![]()
0 Comments
Leave a Reply. |