Courier and parcel services help deliver various things such as packages, documents, and other important stuff in an easy and efficient manner. Benefits of utilizing these services include safe delivery of parcel, cost-effective service, and parcel tracking system; therefore, companies that provide this type of service are gaining popularity across the globe. Rise in business agreements between countries, in order to enhance the product quality and provide better service for the customer, is the major factor that is estimated to propel the courier express and parcel market during the forecast period. Introduction of new free-trade agreements is likely to encourage investment in developing regions, in order to enhance business, which in turn is anticipated to boost the courier express and parcel market during the forecast period. Increase in international trade, development of economic zones and free-trade zones, and government initiatives regarding export import regulations...