North America Postal Services Market Size & Outlook
North America postal services market, 2018-2030 (US$B)
North America postal services market highlights
- The North America postal services market generated a revenue of USD 90.8 billion in 2023.
- The market is expected to grow at a CAGR of 1.1% 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.
North America data book summary
| Market revenue in 2023 | USD 90.8 billion |
| Market revenue in 2030 | USD 97.7 billion |
| Growth rate | 1.1% (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, North America region accounted for 36.9% 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 |
|---|
North America 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 North America postal services market based on standard covering the revenue growth of each sub-segment from 2018 to 2030.
This dominance is largely attributed to the wellDomestic International established infrastructure, robust logistics networks, and high consumer demand for efficient mail and parcel delivery services in the region. The presence of major players like the United States Postal Service (USPS) and Canada Post, along with leading private courier companies such as FedEx and UPS, has contributed to North America's leading position in the market.
Additionally, the rapid growth of e-commerce in the region has fueled the demand for reliable and fast shipping services, further solidifying North America's market share.
The region's emphasis on technological innovation, including the adoption of automation, real-time tracking, and advanced data analytics, has also played a critical role in maintaining its competitive edge. Moreover, North America's strong economic environment and high levels of consumer spending have supported the continuous expansion of the postal services market.
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Our clientele includes a mix of postal services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America postal services market , including forecasts for subscribers. This continent databook contains high-level insights into North America postal services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America postal services market
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