Industry Analysis & Industry Trends
Over the past five years, many developments in the e-commerce and online retailing space have driven growth in the Couriers and Local Delivery Services industry. In the coming years, the industry is expected to build on momentum from the previous five-year period. Drivers of demand for industry services, such as consumer spending and corporate profit, will help fuel revenue growth going forward. Additionally, the rise of e-commerce and decline of the brick-and-mortar stores will benefit industry operators... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The US Couriers and Local Delivery Services industry is in the mature phase of its life cycle. The industry's contribution to the economy, as measured by industry value added (IVA), is forecast to grow at an average annual rate of 3.3% over the 10 years through 2021. The US economy as measured by GDP is expected to increase at an average annual rate of 2.3% over the same period. An industry whose IVA trends in line with that of the overall economy is typically classified as an industry in a mature phase.
The industry's primary services, package and document delivery, have stayed the same for most of the industries existence. The industry has become more efficient and added services such as package tracking to its business, but overall the business model has stayed the same... purchase to read more