Italy Courier, Express, and Parcel (CEP) Market Overview:
The Italy courier, express, and parcel (CEP) market is projected to exhibit a growth rate (CAGR) of 3.60% during 2024-2032. Technological advancements, including automated sorting systems, real time tracking, and route optimization, proliferation of e-commerce, and rapid urbanization and infrastructure development represents some of the key factors driving the growth of the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
3.60% |
Italy Courier, Express, and Parcel (CEP) Market Trends:
Technological Progress and E-commerce proliferation
Italy's courier, express, and parcel (CEP) market is experiencing rapid growth due to the widespread adoption of technology and the increasing popularity of e- commerce. For instance, in April 2023, GEODIS announced the expansion of its direct-to-customer cross-border delivery service by opening new airport gateway facilities in the United States, Italy, and other European countries. Moreover, the use of automated sorting systems, real time tracking and route optimization is helping to transform CEP services and to make them more efficient and reliable. In September 2023, the Otto Group announced its plan to deploy Covariant robots to boost operational efficiency, enhance resilience against labor market challenges, and improve the overall quality of work in their fulfillment centers. Moreover, the rise in e-commerce businesses has led to a corresponding increase in demand for quick and efficient delivery services. With growing consumer expectations for easy tracking, the CEP solution experience is being enhanced, driving the development of improved CEP solutions.
Rapid Urbanization and Infrastructure Development
The rapid urbanization and infrastructure development are major growth-inducing factors. FedEx Express Europe, a subsidiary of FedEx Corp and the world’s largest express transportation company, inaugurated its new road hub in Novara, a logistics benchmark in Italy and Europe. The site is located at the center of the European road network and plays a key role in Italy’s national network, adding greater reliability and continuous improvement in on-time performance. The site is part of a vision to enhance local and global connections: it’s the largest and one of the most technologically advanced FedEx International Road hubs in Europe. The rising urbanization is making individuals migrate in the urban areas and hence there is need for quick and efficient delivery services. Additionally, substantial investments in infrastructure improvements, road expansions, and enhancements to the capabilities of logistics centers are contributing to increased efficiency in delivery processes. Such developments in the infrastructure landscape are helping the CEP providers to influence the delivery routes and decrease the transit duration. With increased urbanization and ongoing infrastructure development, the CEP market in Italy is poised for future growth as consumers and businesses seek more services to meet their needs.
Italy Courier, Express, and Parcel (CEP) Market News:
- In May 2024, Poste Italiane S.p.A. (“Poste Italiane”) announced the launch of a share buy-back programme which will take place, starting from June 3rd 2024, in accordance and within the authorization granted by Poste Italiane’s Shareholders’ Meeting resolution dated 31 May 2024 and publicly available. Purchase of the shares will take place directly, in compliance with the applicable laws and the above mentioned Shareholders’ resolution.
- In May 2024, DHL announced the opening of the Continental Europe's first EV Center of Excellence for advancing electric mobility in Pozzuolo Martesana, near Milan, Italy. In collaboration with the Team EV of DHL Customer Solutions & Innovation, the center leverages the combined warehousing and freight management of DHL Global Forwarding, including both ocean and air freight capabilities. Additionally, DHL Express provides a network solution for global distribution. This state-of-the-art facility, spanning approximately 10,000 square metres, is a logistics hub tailored to meet the increasing demand for EVs in the Italian market, specifically targeting the growing EV industry.
Italy Courier, Express, and Parcel (CEP) Market Segmentation:
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:
- B2B (Business-to-Business)
- B2C (Business-to-Consumer)
- C2C (Customer-to-Customer)
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:
- Services (BFSI- Banking, Financial Services and Insurance)
- Wholesale and Retail Trade (E-commerce)
- Manufacturing, Construction and Utilities
- Others
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:
- Northwest
- Northeast
- Central
- South
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include Northwest, Northeast, Central, South and Others.
Competitive Landscape:
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.
Italy Courier, Express, and Parcel (CEP) Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
Billion US$ |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Service Type
- Destination
- Type
- End-Use Sector
- Region
|
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 |
Northwest, Northeast, Central, South, Others |
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) |
Key Questions Answered in This Report:
- How has the Italy courier, express, and parcel (CEP) market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Italy courier, express, and parcel (CEP) market?
- What is the breakup of the Italy courier, express, and parcel (CEP) market on the basis of service type?
- What is the breakup of the Italy courier, express, and parcel (CEP) market on the basis of destination?
- What is the breakup of the Italy courier, express, and parcel (CEP) market on the basis of type?
- What is the breakup of the Italy courier, express, and parcel (CEP) market on the basis of end-use sector?
- What are the various stages in the value chain of the Italy courier, express, and parcel (CEP) market?
- What are the key driving factors and challenges in the Italy courier, express, and parcel (CEP)?
- What is the structure of the Italy courier, express, and parcel (CEP) market and who are the key players?
- What is the degree of competition in the Italy courier, express, and parcel (CEP) market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Italy courier, express, and parcel (CEP) market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Italy courier, express, and parcel (CEP) market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Italy courier, express, and parcel (CEP) industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.