News / Asia Pacific driving an express market set to keep delivering healthy growth

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The global parcel delivery market has boasted steady growth since 2020, with Asia the largest contributor, and the market is set to keep growing up to 2028. 

According to senior editor at Transport Intelligence (Ti) Paul Chapman, the global parcel delivery market has shown a compound annual growth rate (CAGR) of 5% from 2020 to now. 

In 2020, the global parcel delivery market was valued at some €449bn ($470.7bn), which saw a sharp increase to €594bn in 2021, due to “pandemic-induced growth ...