Industry Analysis & Industry Trends
Over the past five years, the Global Courier and Delivery Services industry recovered from low levels caused by the global economic slowdown. The global economic downturn caused global consumer spending and the total value of world trade to decline in 2009, as the largest economies in the world from the United States to Europe, went into recession. Consequently, demand for the transportation of packages and parcels diminished, causing industry revenue to plummet in 2009. Nevertheless, IBISWorld forecasts that revenue for the Global Courier and Delivery Services industry will grow... read more
Starting a New Business
The industry has moderate barriers to entry. Barriers are higher for global integrators (in the international express market) but lower for entrants into niche or domestic express markets. As an extreme example, anyone with a vehicle and communication equipment such as a mobile phone can operate a business. These types of participants do exist and service market niches. However, they suffer from a lack of bargaining power and are usually price takers. On the other hand, large nationwide and international operations require significant capital to set up operations.
There are minimal regulations and licensing requirements preventing companies from entering the industry... read more