The global couriers and messengers market, a part of the transportation service industry, grew at a compound annual growth rate (CAGR) of around 2% during the historic period. The transportation service industry showed a steady growth. This market has registered steady growth rate in the historic period due to increased globalization, growth in the e-commerce industry in both developed and developing economies.



In the forecast period, the global couriers and messengers market size is expected to be over $500 billion by 2021, growing at a CAGR of nearly 3%. This is expected due to increasing demand for courier services e-commerce companies in emerging economies such as China and India and growth in demand for on demand delivery services in the forecast period. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global couriers and messengers market in the future. 



Find TBRC’s report on the couriers and messengers market: https://www.thebusinessresearchcompany.com/report/couriers-and-messengers-global-market-report-2018



Courier service providers are now offering on-demand delivery services for faster and efficient delivery of parcels. On-demand delivery provides customers with a flexible option of getting packages delivered at their convenient time and place. This service can also be integrated with point-of-sale systems and ecommerce platforms which enable courier companies to efficiently manage their operations, and thus is a cheaper, faster and more reliable mode of parcel delivery.



Major companies in the couriers and messengers market, offering new technology include Deutsche Post DHL Group, United Parcel Service, FedEx, Japan Post Holdings, Schenker AG, Royal Mail, TNT Express, PostNL, Aramex, and Blue Dart



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