Packing & Shipping Service Franchises in the US - Industry Market Research Report
Description
Packing & Shipping Service Franchises in the US - Industry Market Research Report
Packing & Shipping Service Franchises
Although the Packing and Shipping Service Franchises industry has experienced a decline in its traditional mailbox services as electronic communication has increased, e-commerce has conversely boosted demand for packaging and shipping from small businesses that have increasingly begun to sell their products to faraway customers. Additionally, although competition in business services has been on the rise, leading to a net drop in the number of franchises, strong national brands have helped grow average sales for remaining franchisees. As a result, industry revenue has increased over the five years to 2018. Over the five years to 2023, industry revenue is expected to continue growing, albeit at a slower rate. Successful franchises will need to branch out into value-adding services that draw small businesses into their stores, as businesses and consumers will continue to seek more economical options to ship domestic and international packages.
Establishments in this industry provide parcel packing and shipping, mailbox rental, other mail services and office support services. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude nonfranchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share.
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.
Packing & Shipping Service Franchises
Although the Packing and Shipping Service Franchises industry has experienced a decline in its traditional mailbox services as electronic communication has increased, e-commerce has conversely boosted demand for packaging and shipping from small businesses that have increasingly begun to sell their products to faraway customers. Additionally, although competition in business services has been on the rise, leading to a net drop in the number of franchises, strong national brands have helped grow average sales for remaining franchisees. As a result, industry revenue has increased over the five years to 2018. Over the five years to 2023, industry revenue is expected to continue growing, albeit at a slower rate. Successful franchises will need to branch out into value-adding services that draw small businesses into their stores, as businesses and consumers will continue to seek more economical options to ship domestic and international packages.
Establishments in this industry provide parcel packing and shipping, mailbox rental, other mail services and office support services. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude nonfranchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share.
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
41 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
Pricing
Currency Rates
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