Industry Analysis & Industry Trends
Despite poor economic conditions and falling demand, the Couriers and Local Delivery Services industry maintained profitability throughout the five years to 2014. Since UPS and FedEx, two major players, dominate the industry, margins declined but were not severely impacted. In the five years to 2019, the industry is expected to continue its solid growth, with steady increases in consumer spending and the number of businesses, all of which will contribute to moderate revenue growth. Additionally, the rise of ecommerce and decline of the brick and mortar store will benefit industry operators... purchase to read more
Industry Report - Industry Analysis Chapter
This industry is comprised of large couriers and smaller local delivery companies, each with distinct operating conditions. Large couriers use a network of air and surface transportation systems to provide delivery services nationwide, while local messengers only provide delivery services within a single urban area. Both segments provide services for a diversified customer base in an effort to shield demand from a downturn in any one specific market.
Over the five years to 2014, IBISWorld expects revenue for the Couriers and Local Delivery Services industry to increase at an average annual rate of 3.0% to $93.5 billion... purchase to read more