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Volume of courier, express and parcel market in India 2014-2021
In 2021, the courier, express and parcel (CEP) market reached the volume of 3.9 billion pieces in India. It was a huge increase in comparison with the previous year with more than 26.7 percent compound annual growth rate. Lockdowns introduced due to the coronavirus pandemic have accelerated the e-commerce section and boosted the CEP sector.