DUBLIN–(BUSINESS WIRE)–The “Europe Express Delivery Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Destination (Domestic and International), Business Type (B2B and B2C), and End-user (Automotive, Retail and E-commerce, Pharmaceuticals, BFSI, IT and Telecom, Electronics, and Others)” report has been added to ResearchAndMarkets.com’s offering.
B2B Segment to Dominate the Europe Express Delivery Market during 2019-2027
The market is expected to reach US$ 98,057.09 million by 2027 from US$ 61,898.13 million in 2020. The market is estimated to grow at a CAGR of 6.8% from 2020 to 2027.
The report provides trends prevailing in the Europe express delivery market along with the drivers and restraints pertaining to the market growth. Boosting investments by companies on same-day delivery of consumer goods, increasing adoption of e-commerce among the population, and growing adoption of express delivery to offer better customer experience in express delivery operations are the major factor driving the growth of the express delivery market. However, extensive cost associated with express delivery hinder the growth of express delivery market.
The impact of COVID-19 differed from country to country across the European region as selected countries witnessed an increase in the number of recorded cases and subsequently attracted strict as well as longer lockdown periods or social isolation. However, Western European countries such as France, Russia, the…