Tuesday, 02 January 2024 12:17 GMT

Vietnam Express Delivery Services Market To Reach USD 4.88 Billion By 2030, Growing At 24.1% CAGR


(MENAFN- EIN Presswire)

WILMINGTON, NEW CASTLE, DE, UNITED STATES, September 12, 2025 /EINPresswire / -- According to a recent report published by Allied Market Research, titled,“Vietnam Express Delivery Services Market Size, Share, Competitive Landscape and Trend Analysis Report, by Application, End Use and Destination : Opportunity Analysis and Industry Forecast, 2022-2030." The Vietnam express delivery services market size 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.

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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.

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.

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.

COVID-19 Impact Analysis :

The outbreak of COVID-19 has brought effects on many aspects, such as flight cancellations, travel bans, and quarantines, which resulted in massive slowing of express delivery service activities across the world. The coronavirus pandemic is an unprecedented crisis with dramatic economic impacts on the Vietnam express delivery services industry. Although the pandemic has accelerated the decline of letters & document parcel and growth of e-commerce parcels due to increased number of people shopping from home. E-commerce and daily essentials goods industry is expected to affect the express delivery service industry positively during the COVID-19 outbreak in Vietnam. As B2B express delivery services suffered and came to a halt, B2C emerged during the pandemic, owing to rapid growth of the online retail and e-commerce industry.

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Moreover, a significant number of customers are willing to pay additional charges for same day express delivery, which led to a rise in the express delivery services market in Vietnam. Moreover, logistics automation and adoption of robotics for efficient same day delivery services process is identified as another trend in express delivery services.

Furthermore, factors, such as the growing e-commerce industry coupled with rise in B2C deliveries and rapid growth in international trade services, are expected to drive the market growth. However, lack of infrastructure and higher operational costs hinder the market growth. Further, rise in technological advancements in delivery services and emergence of last-mile deliveries with technological advancements in delivery vehicles are some of the factors that are expected to offer lucrative opportunities for the market growth.

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.

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Leading Market Players :

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

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About us :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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