06:30 23/09/2022

Express delivery market may near $5bln by 2030

Nam Anh

According to a report from Allied Market Research, Vietnam’s express delivery market reached $710 million in 2021 and is forecast to grow to $4.88 billion by 2030. The compound annual growth rate (CAGR) is expected to be 24.1 per cent in the 2022-2030 period. The report said the fast-growing e-commerce sector, the rise in B2C delivery, and the rapid growth in international trade services are factors driving market growth.

Photo: Illustration
Photo: Illustration