Express Delivery Market in Brazil 2016-2020
About Express Delivery Market in Brazil
Express delivery is the accelerated delivery of items that are non-palletized and weigh less than 110 pounds, such as parcels, documents, and letters, to different types of customers, such as business customers, retail customers, and government agencies. Express deliveries are usually made within two or three days, depending on customer requirements. These services are offered by CEP (courier express parcel) vendors that provide various value-added services to customers to further enhance the delivery process, such as online tracking of parcels and couriers. The primary business of the express industry is to provide value-added, door-to-door transport and next-day or time-definite shipments.
Technavio’s analysts forecast the express delivery market in Brazil to grow at a CAGR of 3.63% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the express delivery market in Brazil for the period 2016-2020. To calculate the market size, the report covers revenue generated by express delivery service providers.
The market is divided into the following segments based on customer type:
Technavio Announces the Publication of its Research Report – Express Delivery Market in Brazil 2016-2020
Technavio recognizes the following companies as the key players in the Express Delivery Market in Brazil: DHL, FedEx, TNT Express, and UPS.
Other Prominent Vendors in the market are: Atlas Transportes eLogística, Brasspress, Brazil Express Delivery Service Inc., Direclog, Jadlog, Jamef, SF Express, and Total Express.
Commenting on the report, an analyst from Technavio’s team said: “Express delivery service providers are focusing on mergers and acquisitions to expand their customer bases and product and service portfolios. This helps them to establish a strong position in Brazil and globally. Express delivery service providers are integrating IT into their service offerings to improve their quality. This will boost the demand for express delivery services during the forecast period.”
According to the report, the growing e-commerce trade in Brazil has increased the demand for express delivery services in the region. Over the past few years, there has been a rapid increase in online shopping activities in Brazil. This has led to the entry of many express delivery providers to meet customer demands. Increased cross-border trade among countries also boosts the demand for express delivery services.
Further, the report states that vendors are facing certain issues that hinder their profit margins in this market. The market is fragmented with many small and medium-sized vendors with similar service offerings. This forces vendors to differentiate their services in terms of price, leading to reduced profit margins.
DHL, FedEx, TNT Express, UPS, Atlas Transportes eLogística, Brasspress, Brazil Express Delivery Service Inc., Direclog, Jadlog, Jamef, SF Express, Total Express.