The Argentina courier, express and parcel (CEP) market is projected to exhibit a growth rate (CAGR) of 6.40% during 2024-2032. The rising investments in infrastructure improvement projects, heightened online shopping activities among the masses, and the escalating demand for specialized healthcare logistics to safely deliver medical supplies, pharmaceuticals, and equipment are some of the factors propelling the market growth.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 6.40% |
Urbanization and Infrastructure Development
In 2023, the urban population of Argentina reached 43,138,225 individuals, according to the data provided by the GlobalData. The increasing number of individuals relocating to urban regions is driving the demand for fast and dependable delivery services. The funding from the governing body in improving infrastructure, like building better road systems and transportation amenities, helps meet this demand by allowing quicker and more effective transportation of goods. Improved infrastructure decreases transit times and operational expenses for courier, express and parcel (CEP) firms, enabling them to provide cost-effective services. Moreover, the establishment of urban logistics hubs and distribution centers enables improved inventory control and quicker final mile delivery. These developments simplify the task for CEP providers in meeting the demands of businesses and individuals, guaranteeing that deliveries are made swiftly and effectively.
Rise of E-commerce and Transition to Digital Platforms
The growing preference for online shopping is driving the need for dependable and quick delivery services in Argentina. The increasing internet access, widespread use of smartphones, and higher user confidence in online transactions are supporting this trend. E-commerce platforms and retailers are teaming up more with CEP providers to guarantee on-time deliveries, thereby enhancing user satisfaction and loyalty. Moreover, technological progress in the digital area is improving the efficiency of logistics tasks, allowing businesses to better handle orders, monitor shipments instantaneously, and enhance delivery routes. These technological advancements enhance operational effectiveness and lower expenses, enabling CEP firms to expand their activities and better address increasing demand.
Healthcare and Pharmaceutical Logistics Demand
Specialized logistics solutions are required in the healthcare industry to safely and promptly deliver medical supplies, pharmaceuticals, and equipment. An increase in elderly individuals and the rise of telemedicine and home healthcare services are also catalyzing the demand for dependable transportation of medical supplies to residences of patients. In 2023, individuals aged 65 and older made up 12.1% of the overall population in Argentina. Furthermore, CEP providers are creating custom services to manage shipments that are sensitive to temperature, in order to meet strict regulatory requirements. Moreover, the rising delivery of medications is driving need for effective logistical assistance. By catering to the unique needs of the healthcare and pharmaceutical sectors, CEP companies can tap into a lucrative market segment. Investments in strong healthcare logistics are crucial, improving the capacity and dependability of the CEP market in Argentina.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on service type, destination, type and end-use sector.
Service Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes B2B (business-to-business), B2C (business-to-consumer), and C2C (customer-to-customer).
Destination Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes domestic and international.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes air, ship, subway, and road.
End-Use Sector Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes services (BFSI- banking, financial services, and insurance), wholesale and retail trade (e-commerce), manufacturing, construction and utilities, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, and Patagonia Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Billion US$ |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Service Types Covered | B2B (Business-To-Business), B2C (Business-To-Consumer), C2C (Customer-To-Customer) |
Destinations Covered | Domestic, International |
Types Covered | Air, Ship, Subway, Road |
End-Use Sectors Covered | Services (BFSI- Banking, Financial Services, Insurance), Wholesale and Retail Trade (E-Commerce), Manufacturing, Construction and Utilities, Others |
Regions Covered | Buenos Aires Region, Litoral Region, Northern Region, Cordoba Region, Cuyo Region, Patagonia Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |