Asia Pacific Postal Services Market Size & Outlook
Asia Pacific postal services market, 2018-2030 (US$B)
Asia Pacific postal services market highlights
- The Asia Pacific postal services market generated a revenue of USD 70.8 billion in 2023.
- The market is expected to grow at a CAGR of 1.8% from 2024 to 2030.
- In terms of segment, standard was the largest revenue generating type in 2023.
- Standard is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 70.8 billion |
| Market revenue in 2030 | USD 80.0 billion |
| Growth rate | 1.8% (CAGR from 2023 to 2030) |
| Largest segment | Standard |
| Fastest growing segment | Standard |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Standard |
| Key market players worldwide | Australia Post, Canada Post Corporation, China Post, FedEx Corp, La Poste, Poczta Polska, Royal Mail, United Parcel Service Inc Class B |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.8% of the global postal services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 80.0 billion by 2030.
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Postal Services Market Scope
Postal Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific postal services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to postal services market will help companies and investors design strategic landscapes.
Standard was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific postal services market based on standard covering the revenue growth of each sub-segment from 2018 to 2030.
Countries such as China, Japan, and South Korea are at the forefront of this growth, with their advanced logistics networks and strong consumer demand for online shopping. The Asia Pacific region is also experiencing a surge in crossborder e-commerce, which is increasing the demand for efficient international postal services.
Moreover, the rising middle class in many Asia Pacific countries is driving greater consumption of goods, further boosting the demand for postal and parcel delivery services.
The region’s postal operators are increasingly adopting technological innovations, such as automation and AI-driven logistics, to enhance efficiency and meet the growing demand. Additionally, the push for sustainable practices, including the use of electric delivery vehicles and energy-efficient sorting facilities, is gaining traction in the region.
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Target buyers of Asia Pacific postal services market databook
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Our clientele includes a mix of postal services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific postal services market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific postal services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific postal services market
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