Couriers & Local Delivery Services in Canada - Industry Market Research Report
Description
Couriers & Local Delivery Services in Canada
The industry consists of two distinct segments, which include large couriers and small-scale delivery companies. These segments cater to a wide variety of consumers, with demand for each segment differing based on the services offered. For instance, while downstream demand for courier services 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 niche businesses and individual consumers. Demand for these services is generally cyclical, however, and the pandemic and the associated prioritization of delivery spurred demand for industry services in 2020. Overall, industry revenue is estimated to grow at a CAGR of 3.5% to $18.7 billion in 2023, despite falling 2.8% in 2023 alone as profit settles in at 11.4%.
This report combines two separate industries: the Couriers industry and the Local Messengers and Delivery Services industry. 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.
The industry consists of two distinct segments, which include large couriers and small-scale delivery companies. These segments cater to a wide variety of consumers, with demand for each segment differing based on the services offered. For instance, while downstream demand for courier services 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 niche businesses and individual consumers. Demand for these services is generally cyclical, however, and the pandemic and the associated prioritization of delivery spurred demand for industry services in 2020. Overall, industry revenue is estimated to grow at a CAGR of 3.5% to $18.7 billion in 2023, despite falling 2.8% in 2023 alone as profit settles in at 11.4%.
This report combines two separate industries: the Couriers industry and the Local Messengers and Delivery Services industry. 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.
Table of Contents
40 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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