Industry Analysis & Industry Trends
Although companies are increasingly outsourcing order fulfillment services to industry firms to concentrate on core business functions, the industry has suffered in the wake of lower trade volumes, slow growth in disposable income and decreased demand from retail trade in the past five years. Declines have been mitigated, however, by rising internet usage and online shopping, which spur demand for industry services. Recovery is anticipated in the next five years as the industry benefits from the strengthening US economy and greater inventory from American manufacturers, wholesalers and retailers.... purchase to read more
Industry Report - Industry Locations Chapter
The industry is generally spread according to the distribution of the US population. Industry operators are also located close to downstream users, such as manufacturers, retailers and wholesalers. Industry activity is concentrated in two of the most populous regions of the United States: the Southeast and West regions. The Southeast, which accounts for an estimated 25.7% of establishments, has the largest share of the US population. According to the latest available US Census data, an estimated 25.4% of Americans live in the Southeast region. Being close to end-users allows for reduced shipping costs.
The West accounts for an estimated 17.6% of establishments and 17.0% of the US population... purchase to read more