eCommerce: Top 5 Shipping Providers
Top 5 Shipping Providers Offered by Canadian Online Stores 2023
Which shipping provider dominates the Canadian eCommerce market? Uncover the latest insights from our 2023 data analysis.
Article by Patrick Nowak | June 12, 2024Top 5 Shipping Providers Offered by Canadian Online Stores 2023
Which Companies Lead the Canadian eCommerce Shipping Market in 2023?
In the Canadian eCommerce market of 2023, a clear hierarchy emerges among shipping providers, highlighting the competitive landscape within the country. Canada Post, the national postal service, dominates with a remarkable market penetration of 76.7%, showcasing its pivotal role in facilitating eCommerce logistics and parcel deliveries. Following in a distant second is FedEx, with a penetration rate of 31.5%, establishing itself as a significant player but lagging far behind the industry leader. UPS (United Parcel Service) closely trails FedEx, holding a penetration of 29.9%, indicating intense competition between these global logistics giants for market share. Purolator and Canpar secure their positions in the market with penetration rates of 20.9% and 8.8% respectively, showcasing a diverse range of shipping options available to Canadian online stores. This data underscores the importance of shipping providers in the Canadian eCommerce sector, with Canada Post firmly entrenched as the dominant force shaping the logistics landscape.
Main Facts: Dominant companies in the Canadian eCommerce Shipping 2023
- Canada Post Dominates Canadian eCommerce Shipping: With an impressive penetration of 76.7%, Canada Post secures a significant lead in the Canadian market in 2023.
- FedEx and UPS Follow: FedEx and UPS occupy the second and third positions with penetration rates of 31.5% and 29.9% respectively, showcasing a notable presence in the Canadian eCommerce shipping industry.
- Purolator and Canpar Round Up the Top 5: Purolator and Canpar hold the fourth and fifth positions with penetration rates of 20.9% and 8.8% respectively, contributing to the diverse landscape of shipping providers in the Canadian market.
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