Report Overview

GCC Courier, Express, and Parcel (CEP) Market - Industry Trends & Forecast Report, 2030

GCC Courier, Express, and Parcel (CEP) Market size was estimated to be worth USD 3.38 billion in 2023. During the forecast period between 2024 and 2030, GCC Courier, Express, and Parcel (CEP) Market size is projected to grow at a CAGR of 7.27%, reaching a value of USD 5.50 billion by 2030. Major growth factors for GCC Courier, Express, and Parcel (CEP) Market include emerging online e-commerce platforms in the region, such as Amazon.com, Noon.com, Matrimoney, and others, and the growing popularity of online shopping among consumers. In addition, continuous advancements and innovations such as the launch of flying parcel delivery vehicle licenses are anticipated to present lucrative growth opportunities to GCC Courier, Express, and Parcel (CEP) market over the forecast period.

Courier, Express, and Parcel (CEP) Market – Overview

The Courier, Express, and Parcel (CEP) Market is a vital segment of the logistics sector, focusing on the swift delivery of parcels and documents. It includes courier services for rapid, door-to-door delivery within local or regional areas, express services that guarantee time-sensitive deliveries like next-day or same-day arrivals, and parcel services for larger packages that require reliable and trackable delivery. Serving both B2B (business-to-business) and B2C (business-to-consumer) markets, CEP services are crucial for the efficient operation of e-commerce and global trade, ensuring timely and secure transportation of goods across various distances and timeframes.

GCC Courier, Express, and Parcel (CEP) Market

Growth Drivers

Expanding E-commerce Sector

The primary factor propelling the CEP market is the exponential expansion of e-commerce. Parcel shipments have increased as more people choose to purchase online because of its convenience and selection. Retailers of all sizes collaborate with CEP firms to accelerate order fulfillment and support the expansion of the market. Further driving CEP providers to innovate and improve their delivery networks are the high standards for speedy deliveries set by e-commerce giants like Amazon. The COVID-19 pandemic further accelerated the growth of the e-commerce sector owing to the growth in online purchasing due to lockdown and social distancing measures.

Challenges

Infrastructure Challenges and Labor Shortages

The courier, express, and parcel (CEP) services require quality infrastructure to efficiently carry out their operations. However, the lack of sufficient infrastructure may pose a serious hindrance to its growth in GCC countries. CEP services need robust storage infrastructure, transport, and skilled labor to efficiently function. In addition to these limitations, some GCC countries also have slower technology adoption rates and complex tax infrastructures, which are significantly affecting the growth of courier, express, and parcel (CEP) market. The labor shortage is yet another limiting factor for its market growth due to the high concentration of labor in urban areas only, which acts as a major restraining factor for its market growth.

Impact of Escalating Geopolitical Tensions on GCC Courier, Express, and Parcel (CEP) Market

Intensifying and further spreading of geopolitical tensions among countries, particularly in the Middle East, could adversely affect the growth of GCC Courier, Express, and Parcel (CEP) Market. Geopolitical conflicts directly lead to disruption in supply chain, which affects the operation of courier and logistics services and results in higher cost of shipping due to increased insurance premiums, higher fuel prices, and additional security measures. Furthermore, countries also have to deal with route adjustments and re-route their shipments to avoid conflict zones, which increases the shipping time and cost. Another factor that is directly affected by the geopolitical tensions is consumer behavior. The change in consumer purchasing behavior may cause volatility in the demand for CEP services, restricting its market growth in the GCC countries.

GCC Courier, Express, and Parcel (CEP) Market

Segmental Coverage

GCC Courier, Express, and Parcel (CEP) Market – By Business

Based on business, GCC Courier, Express, and Parcel (CEP) Market is segmented into B2B, B2C, and C2C. The B2C segment holds the largest share in GCC Courier, Express, and Parcel (CEP) Market owing to the expansion in the online shopping and e-commerce business and the increasing need for doorstep parcel deliveries. However, the B2B segment also holds substantial market share and is projected to register the highest growth rate during the forecast period as well. The growing international trade has enhanced the need for effective in-time inventory management, which is propelling its market growth.

GCC Courier, Express, and Parcel (CEP) Market – By Mode of Transportation

By mode of transportation, GCC Courier, Express, and Parcel (CEP) Market is segmented into railways, airways, roadways, and waterways. The roadways segment holds the largest share in GCC Courier, Express, and Parcel (CEP) Market. Roadways are the most preferred mode of transportation, especially for domestic deliveries, owing to their higher efficiency, flexibility, and lower cost. The convenience of doorstep delivery offered by e-commerce platforms and the increasing focus on sustainability is also playing a crucial role in driving the growth of roadway transportation methods. The waterways segment is registering a high growth rate owing to the growing international trade.

GCC Courier, Express, and Parcel (CEP) Market – By Country

Geographically, GCC Courier, Express, and Parcel (CEP) Market is divided into Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, and Oman. Saudi Arabia dominates the market. The rapid economic growth and increasing population result in a growing middle-class segment, propelling the e-commerce sector's growth. Furthermore, the expanding digital landscape of the Kingdom owing to favorable government initiatives, such as Vision 2030 to promote digital transformation, is driving the development of the courier, express, and parcel (CEP) market in Saudi Arabia.

Competitive Landscape

Major companies in GCC Courier, Express, and Parcel (CEP) Market include Aramex, DHL Group, Emirates Post, FedEx, Postaplus, Qatar Post, Saudi Post-SPL (including Naqel Express), SMSA Express, Uber Technologies Inc., and United Parcel Service of America, Inc. (UPS). To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In August 2024 – J&T Global Express Limited, an international delivery company based in Indonesia, launched its parcel delivery service in Saudi Arabia.

Scope of the Report

By Business

• B2B

• B2C

• C2C

By Destination

• Domestic

• International

By Mode of Transportation

• Railways

• Airways

• Roadways

• Waterways

By End User

• Services

• Wholesale & Retail

• Manufacturing

• Construction & Utilities

• Primary Industries

By Country

• Saudi Arabia

• UAE

• Qatar

• Bahrain

• Kuwait

• Oman

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. GCC Courier, Express, and Parcel (CEP) Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. E-commerce Boom
         2. Urbanization and Population Growth
         3. Rising Middle Class
      2. Restraints
         1. Geopolitical Tensions
         2. Infrastructure Challenges
         3. Labor Shortages
      3. Opportunities
         1. Growth in Value-Added Services
         2. Last-Mile Delivery Innovation
         3. Digital Transformation
      4. Challenges
         1. Rising Fuel Costs
         2. Regulatory Compliance
         3. Maintaining Customer Expectations
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. GCC Courier, Express, and Parcel (CEP) Market: Marketing Strategies
5. GCC Courier, Express, and Parcel (CEP) Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Business
         1. B2B
         2. B2C
         3. C2C
      2. By Destination
         1. Domestic
         2. International
      3. By Mode of Transportation
         1. Railways
         2. Airways
         3. Roadways
         4. Waterways
      4. By End User
         1. Services
         2. Wholesale & Retail
         3. Manufacturing
         4. Construction & Utilities
         5. Primary Industries
      5. By Country
         1. Saudi Arabia
         2. UAE
         3. Qatar
         4. Bahrain
         5. Kuwait
         6. Oman
6. Saudi Arabia Courier, Express, and Parcel (CEP) Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Business
      2. By Destination
      3. By Mode of Transportation
      4. By End User
7. UAE Courier, Express, and Parcel (CEP) Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Business
      2. By Destination
      3. By Mode of Transportation
      4. By End User
8. Qatar Courier, Express, and Parcel (CEP) Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Business
      2. By Destination
      3. By Mode of Transportation
      4. By End User
9. Bahrain Courier, Express, and Parcel (CEP) Market
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Business
      2. By Destination
      3. By Mode of Transportation
      4. By End User
10. Kuwait Courier, Express, and Parcel (CEP) Market
    1. Market Size & Forecast, 2019–2030
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Business
       2. By Destination
       3. By Mode of Transportation
       4. By End User
11. Oman Courier, Express, and Parcel (CEP) Market
    1. Market Size & Forecast, 2019–2030
       1. By Value (USD Billion)
    2. Market Share & Forecast
       1. By Business
       2. By Destination
       3. By Mode of Transportation
       4. By End User
12. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. GCC Courier, Express, and Parcel (CEP) Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
13. Impact of Escalating Geopolitical Tensions on GCC Courier, Express, and Parcel (CEP) Market
14. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Aramex
    2. DHL Group
    3. Emirates Post
    4. FedEx
    5. Postaplus
    6. Qatar Post
    7. Saudi Post-SPL (including Naqel Express)
    8. SMSA Express
    9. Uber Technologies Inc.
    10. United Parcel Service of America, Inc. (UPS)
    11. Other Prominent Players
15. Key Strategic Recommendations
16. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       GCC Courier, Express, and Parcel (CEP) Segmentation

Figure 2       GCC Courier, Express, and Parcel (CEP) Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       GCC Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Figure 5       GCC Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Figure 6       GCC Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Figure 7       GCC Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Figure 8       GCC Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Figure 9       GCC Courier, Express, and Parcel (CEP) Market Share, By Country, By Value, 2019–2030

Figure 10     Saudi Arabia Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Figure 11     Saudi Arabia Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Figure 12     Saudi Arabia Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Figure 13     Saudi Arabia Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Figure 14     Saudi Arabia Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Figure 15     UAE Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Figure 16     UAE Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Figure 17     UAE Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Figure 18     UAE Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Figure 19     UAE Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Figure 20     Qatar Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Figure 21     Qatar Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Figure 22     Qatar Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Figure 23     Qatar Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Figure 24     Qatar Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Figure 25     Bahrain Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Figure 26     Bahrain Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Figure 27     Bahrain Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Figure 28     Bahrain Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Figure 29     Bahrain Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Figure 30     Kuwait Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Figure 31     Kuwait Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Figure 32     Kuwait Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Figure 33     Kuwait Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Figure 34     Kuwait Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Figure 35     Oman Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Figure 36     Oman Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Figure 37     Oman Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Figure 38     Oman Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Figure 39     Oman Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

List of Tables

Table 1        GCC Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Table 2        GCC Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Table 3        GCC Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Table 4        GCC Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Table 5        GCC Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Table 6        GCC Courier, Express, and Parcel (CEP) Market Share, By Country, By Value, 2019–2030

Table 7        Saudi Arabia Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Table 8        Saudi Arabia Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Table 9        Saudi Arabia Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Table 10      Saudi Arabia Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Table 11      Saudi Arabia Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Table 12      UAE Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Table 13      UAE Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Table 14      UAE Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Table 15      UAE Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Table 16      UAE Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Table 17      Qatar Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Table 18      Qatar Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Table 19      Qatar Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Table 20      Qatar Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Table 21      Qatar Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Table 22      Bahrain Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Table 23      Bahrain Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Table 24      Bahrain Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Table 25      Bahrain Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Table 26      Bahrain Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Table 27      Kuwait Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Table 28      Kuwait Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Table 29      Kuwait Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Table 30      Kuwait Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Table 31      Kuwait Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Table 32      Oman Courier, Express, and Parcel (CEP) Market Size, By Value (USD Billion), 2019–2030

Table 33      Oman Courier, Express, and Parcel (CEP) Market Share, By Business, By Value, 2019–2030

Table 34      Oman Courier, Express, and Parcel (CEP) Market Share, By Destination, By Value, 2019–2030

Table 35      Oman Courier, Express, and Parcel (CEP) Market Share, By Mode of Transportation, By Value, 2019–2030

Table 36      Oman Courier, Express, and Parcel (CEP) Market Share, By End User, By Value, 2019–2030

Table 37      Aramex Company Overview

Table 38      Aramex Financial Overview

Table 39      DHL Group Company Overview

Table 40      DHL Group Financial Overview

Table 41      Emirates Post Company Overview

Table 42      Emirates Post Financial Overview

Table 43      FedEx Company Overview

Table 44      FedEx Financial Overview

Table 45      Postaplus Company Overview

Table 46      Postaplus Financial Overview

Table 47      Qatar Post Company Overview

Table 48      Qatar Post Financial Overview

Table 49      Saudi Post-SPL (including Naqel Express) Company Overview

Table 50      Saudi Post-SPL (including Naqel Express) Financial Overview

Table 51      SMSA Express Company Overview

Table 52      SMSA Express Financial Overview

Table 53      Uber Technologies Inc. Company Overview

Table 54      Uber Technologies Inc. Financial Overview

Table 55      United Parcel Service of America, Inc. (UPS)  Company Overview

Table 56      United Parcel Service of America, Inc. (UPS)  Financial Overview

Table 57      Other Prominent Players Company Overview

Table 58      Other Prominent Players Financial Overview