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The Hong Kong postal and courier services market is thriving, driven by e-commerce growth and international trade. In 2022, the market size reached HK$40 billion, with an annual growth rate of 5%. This trend is expected to continue, fueled by the government's support for logistics and innovation in the sector.
The Hong Kong government procures a significant amount of postal and courier services, offering lucrative opportunities for businesses. In 2022, the government spent HK$1.5 billion on these services, with a projected increase to HK$2 billion by 2025. Key areas of procurement include mail delivery, express services, and logistics support.
Major Products and Services Procured
Mail delivery: Including domestic and international, bulk mail, and registered mail.
Express services: Time-sensitive deliveries, door-to-door service, and international express.
Logistics support: Warehousing, packaging, and distribution services.
Specialized services: E-commerce fulfillment, reverse logistics, and cold chain transportation.
Top Procurement Authorities
Government Logistics Department (GLD): Responsible for overall logistics strategy and procurement of services for government departments.
Hong Kong Post: Provides postal services and participates in government tenders for specific services.
Other government departments: Procurement for their specific needs, such as the Department of Health and the Education Bureau.
The winners of Hong Kong government's postal and courier services procurement contracts are a mix of local and international companies. Leading players include:
SF Express: Large Chinese company with strong regional presence.
DHL: Global logistics leader with extensive international network.
Kerry Logistics: Asian logistics provider with expertise in e-commerce and technology.
Hongkong Post: The city's national postal service, offering competitive rates and reliable delivery.
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