The global express & small parcels market will expand by 7.2% in 2020, largely driven by strong demand from online retail as consumers turned to delivery services.
However, the collapse in demand in the B2B express sector through the first half of 2020 has inhibited overall growth and has particularly harmed the international market, which is expected to grow by just 1.8% over 2020. Relative to other logistics markets the express sector has held up well in 2020, however growth is still down on pre-Covid expectations.
Our latest whitepaper contains a breakdown of Global Express & Small Parcels growth, mid-year market sizing data, split by region, country and domestic & international.
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