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Couriers & Local Delivery Services in the US - Industry Market Research Report

Couriers & Local Delivery Services in the US - Industry Market Research Report

  • June 2018
  • 40 pages
  • ID: 198458

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Quick delivery: Rising as consumer spending and corporate profit will boost industry revenue

Abstract

Couriers & Local Delivery Services in the US
Although the markets for each segment in the Couriers and Local Delivery Services industry differ, demand for each segment tends to fluctuate in line with consumer spending, corporate profit and the number of businesses, all of which have increased over the five years to 2018. As a result, IBISWorld expects industry revenue to grow in 2018. Over the past five years, many developments in the e-commerce and online retailing space have driven growth in this industry. Additionally, seasonal holiday spending has risen due to improved economic conditions, increasing revenue for this industry. The Courier and Local Delivery Services industry is expected to build on momentum from the past five years moving forward. Factors that historically help boost demand for industry services, such as consumer spending and corporate profit, are expected to rise and help fuel revenue growth over the next five years to 2023.

This report combines two separate industries, namely Couriers and Local Messengers and Delivery Services. Couriers are establishments that primarily engage in delivery services between urban centers using a network of air and surface transportation systems. In contrast, local messengers provide delivery services within a single urban area and are excluded from courier networks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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