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Vietnam Express Delivery Services Market on the Rise: Expected Demand of US$ 4.88 billion by 2030

On the basis of application, the B2B segment is anticipated to exhibit a remarkable growth during the forecast period.

WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 23, 2024 /EINPresswire.com/ -- The Vietnam Express Delivery Services Market was valued at $0.71 billion in 2021, and is projected to reach $4.88 billion by 2030, registering a CAGR of 24.1% from 2022 to 2030. Express delivery is the fastest form of shipping that involves the delivery of various goods and products through different mediums such as air, water, and land. The customer pays an extra shipping cost for this type of delivery as the shipment will get transported to him anywhere between 24 to 72 hours depending on the distance of the shipment. In express shipping, the price and rates are also higher than other forms of transportation.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐏𝐃𝐅 - 147 𝐏𝐚𝐠𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/A11094

Growth in the e-commerce industry coupled with rise in B2C deliveries and surge in international trade services fuel the growth of the Vietnam express delivery services market. However, lack of infrastructure and higher operational cost restrain the market growth. Contrarily, increase in technological advancements in delivery services and emergence of last-mile deliveries presents new opportunities in the next few years.

The growth of value-added services in express delivery is one of the latest trends that will contribute to the growth of the market in Vietnam. Service providers in the express delivery services market in Vietnam are increasingly focusing on providing distinct types of services, such as grading & assortment of products, packaging, labeling, online tracking of parcels, mobile applications, e-mail, and SMS alerts.

𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/vietnam-express-delivery-services-market/purchase-options

Express delivery services significantly operate on the business-to-business (B2B), business-to-customer (B2C), and customer-to-customer (C2C) models. These include personal and business items such as letters, documents, merchandise, consumer goods, and other non-palletized goods. Several express delivery service providers also offer value-added services such as packaging, labeling, billing, payment collection, return, and exchange.

By destination, the domestics segment contributed to the largest share in terms of revenue, holding more than three-fifths of the total share in 2019, and is projected to continue its lead position during the forecast period. However, the international segment is expected to portray the fastest CAGR of 23.7% from 2020 to 2027.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮'𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A11094

By application, the B2C segment held more than three-fifths of the total share of the market in 2019, and is projected to maintain dominance in terms of revenue during the forecast period. However, the B2B segment is projected to witness the largest CAGR of 23.8% from 2020 to 2027.

By end-use, the e-commerce platform segment accounted for the largest share in 2019, contributing to more than four-fifths of the Vietnam express delivery services market, and is projected to maintain its leadership status during the forecast period. In addition, the document service segment is estimated to portray the highest CAGR of 25.1% during the forecast period. The research also discusses segments including feed and others.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A11094

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

𝐆𝐇𝐍 (𝐅𝐚𝐬𝐭 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲)
𝐁𝐄𝐒𝐓 𝐄𝐱𝐩𝐫𝐞𝐬𝐬 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 (𝐁𝐄𝐒𝐓 𝐈𝐧𝐜.)
𝐆𝐇𝐓𝐊
𝐉&𝐓 𝐄𝐱𝐩𝐫𝐞𝐬𝐬 (𝐕𝐢𝐞𝐭𝐧𝐚𝐦)
𝐊𝐞𝐫𝐫𝐲 𝐄𝐱𝐩𝐫𝐞𝐬𝐬 (𝐕𝐢𝐞𝐭𝐧𝐚𝐦)
𝐍𝐚𝐬𝐜𝐨 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐉𝐒𝐂
𝐍𝐡𝐚𝐭 𝐓𝐢𝐧 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬
𝐍𝐢𝐧 𝐒𝐢𝐧𝐠 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 (𝐍𝐢𝐧𝐣𝐚 𝐕𝐚𝐧)
𝐒𝐰𝐢𝐟𝐭𝟐𝟒𝟕
𝐕𝐢𝐞𝐭𝐭𝐞𝐥 𝐏𝐨𝐬𝐭
𝐕𝐍𝐏𝐨𝐬𝐭

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

On the basis of application, the B2B segment is anticipated to exhibit a remarkable growth during the forecast period.

On the basis of end use, the e-commerce platform segment is the highest contributor to the Vietnam express delivery services market in terms of revenue.

On the basis of destination, the domestics segment is the highest contributor to the Vietnam express delivery services market in term of volume.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Fifth-party Logistics Market - https://www.alliedmarketresearch.com/fifth-party-logistics-solution-market-A14785

Green Logistics Market - https://www.alliedmarketresearch.com/green-logistics-market-A84427

Energy Logistics Market - https://www.alliedmarketresearch.com/energy-logistics-market-A07811

Same Day Delivery Market - https://www.alliedmarketresearch.com/same-day-delivery-market-A07162

David Correa
Allied Market Research
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