Vietnam express delivery market seen reaching $4.88 billion by 2030

A new Allied Market Research report projects Vietnam’s express delivery services market will surge from $0.71 billion in 2021 to $4.88 billion by 2030, driven by e-commerce, B2C demand and faster delivery expectations. The forecast points to strong growth despite infrastructure gaps and higher operating costs.

Why it matters: - Vietnam’s express delivery market is expected to expand rapidly as online shopping, same-day delivery demand and cross-border trade reshape logistics. - The market’s projected rise to $4.88 billion by 2030 signals a major opportunity for parcel carriers, e-commerce platforms and last-mile delivery providers. - Higher demand for faster shipping could pressure providers to invest in automation, tracking and delivery vehicles.

What happened: - Allied Market Research projected the Vietnam express delivery services market will grow from $0.71 billion in 2021 to $4.88 billion by 2030. - The report forecasts a 24.1% compound annual growth rate from 2022 to 2030. - The study covers applications, end use and destination segments in Vietnam. - The firm also published a sample request page for the report: Get research report sample pages.

The details: - Express delivery covers shipping by air, water and land, with delivery typically taking 24 to 72 hours depending on distance. - Express shipments carry higher shipping prices than standard transport. - The market serves B2B, B2C and C2C models. - Typical shipments include letters, documents, merchandise, consumer goods and other non-palletized goods. - Many providers offer packaging, labeling, billing, payment collection, return and exchange services. - Service providers are adding grading and assortment, online parcel tracking, mobile apps, e-mail alerts and SMS alerts. - A purchase options page is available here: Procure complete research report now. - The report says the COVID-19 outbreak slowed express delivery activity globally through flight cancellations, travel bans and quarantines. - The pandemic reduced letters and document parcels while increasing e-commerce parcels as consumers shifted to shopping from home. - B2B express delivery weakened during the pandemic, while B2C expanded on the back of online retail and e-commerce growth. - Many customers are willing to pay extra for same-day express delivery. - Logistics automation and robotics are emerging in same-day delivery operations. - The report identifies the e-commerce platform segment as the top revenue contributor. - The domestic segment leads in shipment volume. - The B2B segment is expected to post notable growth during the forecast period. - Leading market players named in the report include GHN, BEST Express Vietnam, GHTK, J&T Express Vietnam, Kerry Express Vietnam, Nasco Logistics JSC, Nhat Tin Logistics, Nin Sing Logistics Company Limited, Swift247, Viettel Post and VNPost.

Between the lines: - The report points to a market moving from traditional parcel delivery toward e-commerce-heavy, technology-enabled logistics. - Infrastructure gaps and higher operating costs remain the main constraints on growth. - International trade growth and last-mile delivery upgrades could widen the addressable market for providers that can scale quickly.

What’s next: - Express delivery providers are likely to keep investing in automation, robotics, tracking tools and mobile customer updates. - Demand for same-day and last-mile services should remain a key growth driver if e-commerce momentum continues. - The report suggests domestic delivery and e-commerce platforms will stay central to market revenue and volume growth.

The bottom line: - Vietnam’s express delivery market is on a steep growth path, but winning that expansion will depend on speed, technology and efficient last-mile execution.