Parcel Delivery Market: Global Outlook 2022-2029

The global Parcel Delivery Market was valued at USD 453.47 Bn. in 2021, with the B2B segment dominating the market, according to a report by MMR. The market is expected to reach USD 630.22 Bn, at a CAGR of approximately 4.2 percent during the forecast period, driven by the increased internet penetration and the rise of the e-commerce industry.

Parcel Delivery Market Report Scope and Research Methodology

The report's scope covers the technological improvement trends in the parcel delivery market, with the first wave of technology projected to alter last-mile delivery, including electric vehicles (EVs) and the rising availability of unattended delivery technologies. Large, semi-autonomous delivery vehicles that follow parcel-delivery employees are predicted to be the next trend followed by parcel-delivery companies in three to five years.

The report is based on extensive research methodology and provides valuable insights into the market's dynamics. The capital-intensive nature of sorting and full-scale logistics networks, the almost-mandatory nationwide service offer, significant economies of scale, and the required access to the customer are immense barriers to entry for new players and will help traditional players hold on to dominance in the core. However, several extremely large retailers may join traditional last-mile delivery (that is, deferred delivery) in certain high-density locations to obtain control of the consumer touchpoint and to build synergies with their same-day networks.

Know More About The Report:
https://www.maximizemarketresearch.com/market-report/global-parcel-delivery-market/81881/
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