Industry Analysis & Industry Trends
The International Express Service industry in China has less than 20 years of history. The industry has experienced substantial growth in the past 10 years mainly due to the improved economic environment, rising income levels and improving infrastructure. In the past few years, e-commerce growth in China has boosted the industry's performance. In the five years to 2014, revenue for the industry has been growing at an annualized rate of 14.7% to $5.5 billion.
As international express business operations require a high level of capital investment and advanced technology and systems, the industry is dominated by large foreign enterprises such as DHL, Federal Express and UPS. There are about 460 enterprises operating in the industry, but the top four contribute 84.0% of total revenue.... purchase to read more
Industry Report - Industry Analysis Chapter
The International Express Service industry in China has grown steadily in the five years through 2014, at an annualized rate of 14.7%. The industry's development was mainly driven by China's rapid urbanization, rising income levels, improving transportation infrastructure, and the increasing popularity of online shopping (IBISWorld industry report 6220). In 2013, the recovering US economy led to rising international trade volumes in China, and industry revenue growth of 32.7%.
In 2005, wholly foreign-owned companies with advanced technology and systems were allowed into the industry, speeding up its development. China's economic development has also supported the industry's rise... purchase to read more