Pharma & hi-tech to boost Express

In its recent ‘Indian Express Logistics Market Overview’ report, Research and Markets has announced that there will be a boom in India’s express e-commerce logistics.

As per Research and Markets, India’s express e-Commerce logistics is likely to witness a boom in the coming years with the advent of mobile commerce. India’s Express market has seen a growth of around 17 per cent during 2010-14. The market of express delivery has been on an increasing trend since 2012 as India started participating in the e-tailing business and with the increased market penetration of automobiles.

Compared to the overall logistics industry which is limping at a moderate CAGR of three per cent, express industry is nimble in terms of growth in market size drivers so far. However, it is expected that the blooming e-Commerce market and relating 3PL and hyperlocal space will prompt the express market in coming years.

Shipment wise, the express market is divided into two segments - documents and non-documents. Documents dominate the market in terms of volume. By mode of transport, surface express is gets much load but generates fewer profits. The main disadvantage of the unorganised sector is the handling of the

The market of express delivery has been on an increasing trend since 2012 as India started participating in the e-tailing business

products. Clearly, the organised express market is expected to constitute faster growth in the coming years.

Industry wise, hi-tech and pharma will be major industry responsible for the growth of the express market in India. The report reveals that