The quickest method of shipping is express delivery. For this form of delivery, the client pays an additional shipping fee, as the shipment will be shipped to him somewhere from 24 to 72 hours. The key factor driving the express delivery market is the rising adoption of e-commerce among global population. Increase in adoption of smartphones and high penetration of Internet across the globe is positively influencing the adoption of e-commerce across the global population.

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The express delivery market was valued at US$ 2,39,337.5 million in 2019 and is projected to reach US$ 3,78,233.7  million by 2027; it is expected to grow at a CAGR of 6.3% from 2020 to 2027. High adoption of express delivery has been observed across major essential sectors—such as food & beverages and healthcare—in all major economies worldwide. The demand from global population to receive the items to be delivered in the same day or to be delivered maximum in a day’s time has increased over the years. For instance, the demand for same day deliveries from the population for groceries is about 64%, healthcare products is 46%, specialty snacks is 42%, alcohol is 41%, and other household products is 28%. The highest adoption is noticed across the healthcare sector. In healthcare, proper prioritization reduces misery and saves lives. There must be access to high-tech medical devices and work around the clock, all year round. DHL INTERNATIONAL GMBH; FEDEX CORPORATION; POSTE ITALIANE; TNT HOLDINGS B.V.; and UNITED PARCEL SERVICE OF AMERICA, INC are among the express delivery providers offering products integrated with innovative features.

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AFTERSHIP LTD; ARAMEX INTERNATIONAL LLC; DHL INTERNATIONAL GMBH; FEDEX CORPORATION; KONINKLIJKE POSTNL; POSTE ITALIANE.; SF EXPRESS (GROUP) CO. LTD.; TNT HOLDINGS B.V; UNITED PARCEL SERVICE OF AMERICA, INC; and USPS are among the major players present in the global express delivery market.

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