Name: The courier market
Brand: Businesscoot
Price: 89 EUR
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INFORMATION ON THE STUDY

Prix: 89€ HT
Last update: 10/12/2020
Language: English
Category: Consumer services
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MARKET SUMMARY

1.1 Introduction and definition

Syndicat National des Transports Légers (SNTL) defines the courier market as "all operation of public road transport of goods for hire or reward, generally urgent, carried out with a 2 or 4-wheel GVW vehicle (Total Authorised Load Weight), weighing less than 3.5 tonnes". Food is not included in the scope of this study. A study on this market can be found here.

The global courier market is expanding rapidly, driven mainly by an increase in goods purchased remotely. Globally, the largest courier companies include (measured through market capitalisation in descending order) United Parcel, Deutsche Post, and Fedex. [value.today]

The market in France is also growing, albeit at a slower pace than the global counterpart. This growth comes from E-commerce primarily. Moreover, the market is highly fragmented measured through number of players; nevertheless, Le Poste is by far the largest when measured through revenue.

Bicycles are increasingly used for delivery services. Traits such as low cost, environment efficiency, and flexibility are together contributing to this growth.

Finally, COVID-19's effect on the industry is discussed in section 2.3.

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