Industry Analysis & Industry Trends
The Global Courier and Delivery Services industry has experienced relatively stagnant growth in the past five years. During this time, the industry's revenue is estimated to grow at an annualized rate of just 0.1% to reach $188.5 billion, largely weighed down by the global recession. Revenue collapsed in 2009 and remained weak in 2010, as the global economic downturn diminished demand for courier services. Although Global business conditions have stabilized since, debt concerns in Europe and North America continue to dampen consumer and business sentiment. Keeping the industry afloat over the period has primarily been higher business activity in emerging economies and demand for time-sensitive goods. Revenue has also been aided by the growing number of individuals with internet access... read more
Industry Products
The Global Courier and Delivery Services industry is an integral part of the global economy, providing transportation for goods, materials and documents among businesses and corporations. Couriers pick up and deliver documents and packages that need local, regional or national delivery. Couriers also assist in their clients' administrative process by providing electronic billing, reference billing, track and trace, national and regional invoicing. The major players in this industry maintain an extensive network of drop-off boxes and staffed drop-off centers, in addition to providing on-site package pick-ups. The surface transportation courier segment is the largest, followed by domestic airfreight, international airfreight and mail services... read more