India Courier Service Market 2022-2027

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    INDIA COURIER SERVICE MARKET

     

    INTRODUCTION

     

    A courier service is a service that allows someone to send a parcel or consignment from one location to another. They can be booked and paid for online. 

     

    infographic- India Courier Service market, India Courier Service Size, India Courier Service market Trends, India Courier Service market Forecast, India Courier Service market Risks, India Courier Service market Report, India Courier Service market Share

     

    Senders have the option to have their parcels collected by a courier or drop their parcel off at a nearby location to be picked up later by the courier.

    Courier services are known for their superior speed and tracking capabilities when compared with national mailing services.

    Examples: Blue Dart Courier Service, Delhivery for Courier, DTDC Courier, FedEx Courier, DHL Shipping.

     

    INDIA COURIER MARKET SIZE AND FORECAST

     

    The market for Courier, Express, and Parcel (CEP) in India is estimated to grow at a CAGR of more than XX.X% driven by the growth in the e-commerce segment, higher internet penetration into the masses, and the latest technological innovations in the sector.

     

    RECENT DEVELOPMENTS IN COURIER MARKET IN INDIA

    Sl No. Company Year Development
    1. Blue dart express  2020  

    • Played the role of the Trade Facilitator to the nation during the Coronavirus Pandemic of 2020
    •  Ensured essential and non-essential supply chain remained operational during the nationwide lockdown
    • Supported the Government of India’s ‘Lifeline Udan’ initiative.
    • Operated the fleet of B757-200 freighters to Guangzhou, Shanghai, Myanmar, Hong Kong, and Bangladesh to provide medical and related supplies.
    2.  DHL Jun 2021
    • DHL Express, the world’s leading international express service provider, announced the launch of its OTP-based non-contact delivery service in India today
    • DHL Express, the world’s leading international express services provider, announced a price increase today that will take effect on January 1, 2022. Compared to 2021, the average increase in India will be 6.9%.
    3 Fed EX Jan 2022

    Mar 2022

    • FedEx Express and Delhivery Came Together to Unlock Cross-Border Potential in India

    • One Year In, FedEx Continues to Build Toward a More Sustainable Future for All

    • FedEx Logistics Announced $100,000 Scholarship Endowment to Mississippi Valley State University.

    • FedEx Marks Anniversary of First COVID-19 Vaccine Deliveries

     

    Through its robust air and ground express network, Blue Dart is working directly with the government to secure door-to-door delivery of interstate and international supply of crucial items.

     

    To use the drug delivery service, customers must provide a valid medical prescription for shipping medications to relatives and friends in other countries.

     

    Blue Dart Express, a logistics services firm, has launched a service that allows clients to ship pharmaceuticals to relatives who live abroad. To use the pharmaceutical delivery service, customers must visit any Blue Dart/DHL counter in India and present a valid medical prescription for sending drugs overseas.

     

    Since the nationwide lockdown began, Blue Dart services have been operational, with teams working around the clock to ensure priority clearance and delivery of essential commodities.

     

    They have transported thousands of tonnes of cargo carrying essential supplies and have been extending all possible support to various state governments and pharma companies to fight this war against the global COVID-19 pandemic.

     

    Through its powerful air and ground express network, the company is working closely with the Indian government to ensure door-to-door delivery of interstate and worldwide supply of necessary goods.

     

    The unprecedented statewide lockdown has had a negative financial impact on Small and Medium Businesses (SMB) throughout India. Amazon India has launched a Partner Support Fund to assist SMBs in logistics that are highly dependent on the corporation.

     

    Delivery Service Partners (DSP) and a select group of Transportation Partners in India will have access to this Partner Support Fund for small and medium firms in logistics to assist them in modifying their business models to the new conditions brought on by the lockdown.

     

    The fund will provide the partners with a variety of services through the one-time distribution. This includes making it possible for them to give financial aid to around 40,000 of their employees. By delivering necessities to customers’ doorsteps, Amazon is dedicated to making India secure.

     

    Amazon made an equivalent investment in assisting its partners in overcoming the unanticipated business setback. To qualifying delivery associates who are a part of the Delivery Service Partner Program, the Amazon Flex programme, and its trucking partners who support transportation, Amazon India has expanded the Amazon Relief Fund.

     

    Amazon has put in place a number of preventive measures because it cares about the health and safety of its associates, delivery service partners, drivers, workers, and customers.

     

    NEW PRODUCT LAUNCH

    In India, United Parcel Service Inc. established a second airport cargo-handling facility to meet the country’s rising airfreight demand.

     

    The 15,000 square foot area in the international airport of Bengaluru would link production centres in the automotive, textile, defence, and aerospace industries in south India to regions in Asia, Europe, and America.

     

    The significance of UPS in Bangalore is to provide customers with a flexible network so they can communicate with the rest of the globe more quickly than before.

     

    This winter, more than 2,100 individuals used the Indian Air Force’s AN-32 “Kargil Courier” service to travel between Kargil and the twin capital cities of Jammu and Kashmir. The “Kargil Courier” service was established to provide the residents of Kargil, who are cut off from the rest of the nation due to the closure of the route to Srinagar as a result of significant snowfall, with winter connectivity.

     

    Under the name MedsCourier, logistics company UBT Pro has started an international medical courier service. Customers must visit the MedsCourier website and fill out a brief form to request a pickup in order to use the medication delivery service.

     

    From Delhi, Noida, Faridabad, Ghaziabad, Gurgaon, Bangalore, Pune, Kolkata, etc., MedsCourier offers PAN India pickup services.

     

    When using MedsCourier’s door-to-door express medicine courier service to ship medications overseas to family or friends, customers must supply valid doctor prescriptions.

     

     

    COMPANY PROFILES

    1. Blue Dart Express
    2. DHL
    3. FedEx
    4. Shiprocket
    5. DotZot
    6. Ecom Express

     

     

    THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

    1. What is the average transaction price in the India courier Market right now and how will it change in the next 5-6 years? 
    2. Market share of  India courier services and their upcoming products
    3. The cost advantage for OEMs who manufacture India courier Market in-house
    4. 5 key predictions for the next 5 years in India courier Market Latest trends in  India courier Market, by every market segment
    5. The market size (both volume and value) of the India courier Market in 2022-2027 and every year in between
    6. Global production breakup of India courier Market, by suppliers and their OEM relationship
    7. What is happening overall in the India courier Market?
    8. Who are the major players in the India courier Market ?
    9. What are the business opportunities in the India courier Market Industry?
    10. What is the target group?
    11. What are the plans for the market in the next India courier services in five years?
    12. What are the Threats in the India courier Market in the next five years?
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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