Global Courier & Delivery Services
Over the past five years, the Global Courier and Delivery Services industry recovered from low levels caused by the global economic slowdown. The global economic downturn caused global consumer spending and the total value of world trade to decline in 2009, as the largest economies in the world from the United States to Europe, went into recession. Consequently, demand for the transportation of packages and parcels diminished, causing industry revenue to plummet in 2009. Nevertheless, IBISWorld forecasts that revenue for the Global Courier and Delivery Services industry will grow. This is because demand for high-end, time-sensitive goods is set to increase as a result of an uptick in consumer spending, and many manufacturers will use air transportation to ensure that their products reach customers on time. The development of global e-commerce and manufacturing trends such as just-in-time delivery, which requires materials to be shipped within strict timeframes, will also contribute to this growth.
Operators in this industry primarily provide air, surface or combined express courier delivery services of parcels, documents and packages for business customers. Industry operators generally provide services between metropolitan areas or urban centers and form a network that includes local pick-up and delivery to serve customers’ needs. This industry excludes services provided by national postal services and commercial airlines.
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.
Associated British Foods PLC
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