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서울, 대한민국 - FedEx, a leading global courier company, has announced the expansion of its international e-commerce delivery service, FedEx International Connect Plus (FICP), in South Korea. This expansion aims to support domestic e-commerce businesses by providing a stable and efficient logistics network for accessing global markets.
The newly expanded FICP now includes regions beyond its existing service areas in Asia-Pacific such as Korea, China, Hong Kong, and Japan. It will now cover the United States and Europe as well. This aligns with FedEx's strategy to promote growth in cross-border e-commerce markets from Asia to the US and Europe. The global cross-border e-commerce market is expected to grow significantly from $785 billion in 2021 to $7.938 trillion by 2030.
South Korea is emerging as a key market for cross-border e-commerce due to the global popularity of K-beauty products. According to Statistics Korea, online direct sales abroad totaled KRW 419.1 billion in Q3 2024, with cosmetics, fashion-related products, and K-albums being major items. By expanding FICP services, FedEx plans to offer more effective international shipping solutions for domestic e-commerce companies targeting these customers. Deliveries typically reach the US and Europe within two to three business days.
