China driving global express development

Industry looks to tech innovation to accelerate growth in delivery market

China remained the world's largest express delivery market in 2024, accounting for 65 percent of global parcel volume, according to the Global Express Development Report (2025) released on Tuesday in Zhejiang province.

The report, unveiled at the 6th Express Delivery Industry Conference in Tonglu, Zhejiang, shows China has extended its leadership for an 11th consecutive year, reinforcing its role as the primary engine of global parcel market expansion.

The report found that global express and parcel services handled 267.9 billion items in 2024, up 17.49 percent year-on-year, while industry revenue grew 14.05 percent to 4.61 trillion yuan ($648 billion).