Despite poor economic conditions and falling demand, the Couriers & Local Delivery Services industry maintained profitability throughout the recession. Since UPS and FedEx, two major players, dominate the industry, margins declined but were not severely impacted. Additionally, in the five years to 2019, the industry is expected to continue its solid growth, with steady increases in consumer spending and the number of businesses, all of which will contribute to moderate revenue growth.
This report combines two separate industries, namely Couriers (NAICS 49211) and Local Messengers and Delivery Services (NAICS 49221). 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.