How fast is E-commerce Parcel Market growing?

The e-commerce parcel market refers to specialized delivery services for online retailers and consumers, facilitating the movement of goods purchased through e-commerce platforms. It encompasses various delivery options such as same-day, next-day, and international shipping, along with order tracking and efficient return services for B2C, B2B, and C2C deliveries. Globally, this market has seen significant growth driven by online shopping. In Saudi Arabia, it is experiencing robust expansion, fueled by high internet penetration, digital payments, logistics improvements, and government initiatives like Vision 2030, with key players including Amazon, Noon, Aramex, and Saudi Post (SPL).