Couriers & Local Delivery Services in Canada
While downstream demand for Couriers and Local Delivery Services industry primarily stems from manufacturers and retailers that require couriers to transport commercial goods over relatively long distances, demand for local delivery services is typically derived from local businesses and individual consumers. Demand for these services is generally cyclical, and industry revenue has experienced constrained growth over the past five years as improving consumer conditions have been offset by declining demand for document delivery services and plummeting fuel prices. The industry is projected to experience strong growth over the next five years, with growth in consumer spending and Canadian trade activity bolstering demand for industry courier services.
This report combines two separate industries: Couriers (NAICS 49211) and Local Messengers and Delivery Services (NAICS 49221). Couriers are establishments that primarily engage in delivery services between urban centres 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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