Couriers & Local Delivery Services in Canada
Demand for industry 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. Overall, industry revenue is estimated to increase over the five years to 2018. 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. At the same time, a projected upswing in the price of crude oil will enable operators to generate revenue through fuel surcharges, though this development will also cause industry profit margins to contract. Moreover, industry revenue will continue to suffer from declining demand for document transportation services as businesses and consumers continue to rely on electronic forms of communication.
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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