ALBANY, NY, Feb 21, 2017: The report titled, “Express Delivery Market In Europe 2017-2021” is an investigation in the growth of the market over the last couple of years and in the coming years. The market research publication further reasons out the causes of the changes in the market across the Europe. It does this so by presenting an evaluation of the dynamics and the trends prevalent from the last few years and the ones that are likely to retain an impact during the forecast period. The study further delves into the working of the various leading companies along with the information on the products, strategies, and shares of the companies in question.
According to the report, the Europe express delivery market is likely to expand at a 3.67% CAGR from 2017 to 2021. The need for quick response services in the healthcare sector is conducive for the express delivery market in Europe. Testing labs, medical clinics, and hospitals require express delivery services and urgent transportation systems for medical emergencies and for the transporting specimens and samples. Thus, leading companies operating in the express delivery market in Europe are improvising advanced delivery services in order to timely delivering sample and medical emergency products. They are doing so by executing tools related to route optimization for keeping track of the delivery and ensure that the products are delivered on time. These players are focusing on the time-definite delivery of products along with monitoring the packaging of the healthcare items in order to protect the products from damages during the transporting and storage.
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A trend that has been recently gaining traction is the deployment of IT-enabled technology in the express delivery services. A sizeable number of providers of express delivery services are deploying IT-enabled services such as real-time tracking, 2-D barcoding, automatic update of records, communication services, online tracking, and GPS tracking to provide smooth and hassle-free services to customers. As compared to the manual processes, these services have enhanced the business processes and made them more accurate. The implementation of cloud computing technologies has also risen with time among vendors of express delivery services. Henceforth, a robust rise in the deployment of these technologies and technological advancements are likely to bode well for the growth of the express delivery market in Europe.
By type, the market has been segmented into C2C, B2C, and B2B. The B2B segment is expected to reign the market during the forecast market owing to the dependence of industries such as pharmaceutical, finance, telecom, and IT. Country-wise, the market is likely to be dominated by Germany owing to the strong presence of leading players in the market and rising demand for postal services. Companies such as Aramex, UPS, FedEx, Deutsche Post DHL, Cargo Express Delivery, BTA Transport, and Manston Express Transport among other are likely to establish a strong place in the market in the coming years.
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