Spain Courier, Express, And Parcel (CEP) Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Spain Courier, Express, And Parcel (CEP) Market is Segmented by Business (B2B, B2C), by Destination (Domestic and International), and by End User (Services, Wholesale and Retail Trade, Manufacturing, Construction and Utilities, Primary Industries). The report offers market sizes and forecasts in value (USD billion) for all the above segments.

Spain Courier, Express, And Parcel (CEP) Market Size

Spain Courier, Express, and Parcel (CEP) Market Summary
Study Period 2019- 2028
Market Size (2023) USD 5.92 Billion
Market Size (2028) USD 9.13 Billion
CAGR (2023 - 2028) 9.05 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific

Major Players

Spain Courier, Express, and Parcel (CEP) Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Spain Courier, Express, And Parcel (CEP) Market Analysis

The Spain Courier, Express, and Parcel (CEP) Market size is expected to grow from USD 5.92 billion in 2023 to USD 9.13 billion by 2028, at a CAGR of 9.05% during the forecast period (2023-2028).

With internet retail growth forecasts to continue, the CEP market is anticipated to create further opportunities for the key market players to expand their cross boarder and last-mile deliveries.

  • The growing e-commerce segment and the rising economy in the country have helped the Spain courier, express, and parcel market to expand further during the study period. The growing internet retail has acted both as a transaction volume driver and an innovation as it enhanced the ability to make changes to deliveries, defined time-slots, a broader range of communication methods to the establishment of parcel shops and parcel lockers at pick-up and drop-off locations.
  • The growing recognition for same-day and one-day deliveries is also forecasted to drive market growth, especially in the B2C segment of the market. These trends are also driving the market and the key players to invest in technology and resource expansion. Same-day deliveries demand a more structured framework and effective planning tools.
  • The key market players in the country are focusing on addressing the dynamic customer needs and their market share, retaining their customers, and attracting more customer base to sustain the changing market dynamics.
  • The sudden shock of the globe due to the rapid rise in infection rates caused by the coronavirus (COVID-19). Additionally, the number of deaths increased dramatically worldwide every day. In a short amount of time, COVID-19 has swept away the joy of our existence. Every person finds it difficult to modify their lifestyle to fit in with the new standards. The pandemic has grudgingly increased e-commerce usage, which has somehow increased logistic businesses' sales. A general increase in e-commerce consumers was accelerated by the pandemic.

Spain Courier, Express, And Parcel (CEP) Market Trends

This section covers the major market trends shaping the Spain Courier, Express, & Parcel (CEP) Market according to our research experts:

Last-mile Delivery Services Driving the Growth of B2C Segment

With the expanding internet-based sales, the B2C segment has started to occupy a considerable share of the market during the study period, and this trend is anticipated to grab a larger share during the forecast period owing to the highest customer base it addresses. The B2B segment has also been growing but at a limited pace and is forecasted to continue at the same pace during the forecast period. The internationalization of e-commerce is anticipated to drive domestic and international standard volume transactions with the strengthening of cross-border deliveries, which have been registering a growing number of transactions with the neighboring countries.

Spain had a fleet of 267,617 "heavy" trucks as of the first of the year 2022, with a GVWR over 3.5 tonnes. Between 1 January 2015 and 1 January 2022, this indicates an overall increase of 28%.

Approximately 1.2 billion parcels were delivered in the courier, express, and parcel (CEP) market in Spain in 2021. By that year, the volume of the market had more than doubled since 2016.

Spain Courier, Parcel and Express Market - VoluVolume of Courier, Express and Parcel (CEP) Market in Spain

Growing E-commerce Sector

E-commerce in Spain surpassed the sum of EUR15,600 million (USD 16403785489) during the first quarter of 2022, according to statistics from the Spanish government. This figure shows the highest year-over-year growth since Covid's arrival, as well as a billing increase of 25.3% over the same time in 2021. 

Spain is regarded as the fourth biggest e-commerce market in the EU, after Germany, France, and Italy, with more than 26 million internet users. Spain has the largest proportion of online purchases from non-EU nations among these four nations. With an emphasis on trade with China, we will discuss Spain's potential in cross-border e-commerce in this article.

Additionally, favorable transactions were completed in the first quarter of 2022. 312.8 million transactions were made, an 8.2% increase from the prior year. It becomes clear that eateries (7.3% of total transactions) are at the top of the list for both purchases and sales when the transactions are broken down by economic sector. Gambling and wagering (7.2%) and clothing (6.1%) came in close succession.

Spain CEP Market - Retail E-Commerce Revenue in Spain

Spain Courier, Express, And Parcel (CEP) Industry Overview

The Spain Courier, Express, and Parcel (CEP) market is highly consolidated, with the top three companies occupying a major share of the market. With the growing demand for CEP services in the country, companies are becoming more competitive to capture the huge opportunity.

The Spain courier, express, and parcel (CEP) market is a fragmented market, with several large companies strategically forming alliances with mid-sized or small-sized companies to leverage their regional capabilities in the Spain courier, express, and parcel (CEP) market. Major regional players have been observed to venture into new regions, allowing the companies to improve their geographic reach. New competitors are entering the Spain courier, express, and parcel (CEP) market with customized and industry-specific services. Some of the major players in the market include Sociedad Estatal de Correos y Telegrafos SA (Correos), SEUR, DHL, UPS, FedEx, etc.

Spain Courier, Express, And Parcel (CEP) Market Leaders

  1. Sociedad Estatal de Correos y Telegrafos, S.A (Correos)

  2. SEUR

  3. DHL

  4. UPS

  5. FedEx

*Disclaimer: Major Players sorted in no particular order

Spain Courier, Express, and Parcel (CEP) Market Concentration
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Spain Courier, Express, And Parcel (CEP) Market News

Jun 2022: FedEx Corp (An American multinational conglomerate holding company) announced that it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors (GM) decarbonizing last-mile delivery. This marks a critical milestone for FedEx as the company plans to transform its entire parcel pickup and delivery (PUD) fleet to all-electric, zero-tailpipe emissions by 2040 and comes just months after BrightDrop’scommercialization of the Zevo600 as the fastest vehicle to market in GM’s history.

Mar 2022: DHL Express (global air freight service provider) and Cargojet Inc. (Canada-based air cargo service provider) announced that they have entered into a new long-term strategic agreement that will further strengthen the global DHL aviation network. This is a five-year agreement with a renewal option for an additional two years. This agreement is done to strengthen the global aviation network of DHL. Under this agreement, DHL will add significant capacity on international lanes with the North American airline partner.

Spain Courier, Express, And Parcel (CEP) Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

    2. 4.2 Restraints

    3. 4.3 Opportunities

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

    5. 4.5 Value Chain/Supply Chain Analysis

    6. 4.6 Impact of COVID-19 on CEP Market

  5. 5. MARKET INSIGHTS

    1. 5.1 Current Market Scenario

    2. 5.2 Government Regulations and Initiatives

    3. 5.3 Technological Trends and Automation in CEP Industry

    4. 5.4 Insights on the e-commerce Industry (Domestic and Cross-border e-commerce)

    5. 5.5 Insights on Startups, Venture Capital Funding in CEP Industry

    6. 5.6 Brief on Courier Rates

    7. 5.7 Elaboration on Storage Functions and Value-added Services in CEP Business

    8. 5.8 Insights on Reverse Logistics and Same-day Delivery Market

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Business

      1. 6.1.1 B2B (Business-to-Business)

      2. 6.1.2 B2C (Business-to-Consumer)

    2. 6.2 By Destination

      1. 6.2.1 Domestic

      2. 6.2.2 International

    3. 6.3 By End User

      1. 6.3.1 Services (BFSI (Banking, Financial Services and Insurance))

      2. 6.3.2 Wholesale and Retail Trade (e-commerce)

      3. 6.3.3 Manufacturing, Construction, and Utilities

      4. 6.3.4 Primary Industries (Agriculture, and Other Natural Resources)

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Overview (Market Concentration, Major Players)

    2. 7.2 Company Profiles

      1. 7.2.1 Sociedad Estatal de Correos y Telegrafos, S.A (Correos)

      2. 7.2.2 SEUR

      3. 7.2.3 DHL

      4. 7.2.4 UPS

      5. 7.2.5 FedEx

      6. 7.2.6 MRW

      7. 7.2.7 General Logistics Systems B.V. (GLS)

      8. 7.2.8 Asendia Management SAS

      9. 7.2.9 Other Companies*

    3. *List Not Exhaustive
  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

  9. 9. APPENDIX

    1. 9.1 Gdp Distribution, By Activity-key Countries

    2. 9.2 Insights On Capital Flows-key Countries

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Spain Courier, Express, And Parcel (CEP) Industry Segmentation

The report offers a complete background analysis of the courier, express, and parcel (CEP) market, including a market overview, market size estimation for key segments and emerging trends by segments, and market dynamics. The report also features a qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

It also provides a comprehensive analysis of the segmentation by business (B2B, B2C), by destination (domestic and international), and by end-user (services, wholesale and retail trade, manufacturing, construction, and utilities, primary industries). The report offers the market sizes and forecasts for the Spain courier, express, and parcel (CEP) market in value (USD billion) for all the above segments. Furthermore, the report also provides company profiles of leading market players to understand the competitive landscape of the market. The Spain Courier, Express, And Parcel (CEP) Market is Segmented by Business (B2B, B2C), by Destination (Domestic and International), and by End User (Services, Wholesale and Retail Trade, Manufacturing, Construction and Utilities, Primary Industries). The report offers market size and forecasts for the Spain Courier, Express, And Parcel (CEP) Market in value (USD billion) for all the above segments.

By Business
B2B (Business-to-Business)
B2C (Business-to-Consumer)
By Destination
Domestic
International
By End User
Services (BFSI (Banking, Financial Services and Insurance))
Wholesale and Retail Trade (e-commerce)
Manufacturing, Construction, and Utilities
Primary Industries (Agriculture, and Other Natural Resources)
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Spain Courier, Express, And Parcel (CEP) Market Research FAQs

The Spain Courier, Express, and Parcel (CEP) Market size is expected to reach USD 5.92 billion in 2023 and grow at a CAGR of 9.05% to reach USD 9.13 billion by 2028.

In 2023, the Spain Courier, Express, and Parcel (CEP) Market size is expected to reach USD 5.92 billion.

Sociedad Estatal de Correos y Telegrafos, S.A (Correos), SEUR, DHL, UPS and FedEx are the major companies operating in the Spain Courier, Express, and Parcel (CEP) Market.

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (20221-2028).

In 20221, the Asia-Pacific accounts for the largest market share in Spain Courier, Express, and Parcel (CEP) Market.

Spain Courier, Express, And Parcel (CEP) Industry Report

Statistics for the 2023 Spain Courier, Express, And Parcel (CEP) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spain Courier, Express, And Parcel (CEP) analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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