Enjoy complimentary customisation on priority with our Enterprise License!
Research analysis on the express delivery market in North America identifies that the growth of the e-commerce industry will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 6% by 2021. The e-commerce industry has witnessed substantial growth across the world during the last few years. The growth in the e-commerce industry is likely to drive the growth of the express delivery market in North America by raising the concentration of competition among the vendors. North America is the leading region in B2C e-commerce sales. It accounts for around 33% of the total e-commerce purchases across the world. The increase in growth of online retail is due to the high internet penetration in North America. The high internet penetration in the region is driving the demand for the e-commerce industry, which in turn, is propelling the need for express delivery services for faster delivery.
The growth of value-added services in express delivery is one of the latest trends that will contribute to the growth of this market in North America. Vendors in the express delivery services market in North America are increasingly focusing on providing distinct types of services, such as grading and assortment of products, packaging, online tracking of parcels, mobile applications, e-mail, and SMS alerts. This focus of vendors towards providing such value-added services will subsequently drive the growth of the express delivery market in North America.
The express delivery market in North America is highly competitive and the key vendors hold the maximum market shares. The key differentiating elements or services, which differentiate vendors in this market are the value-added services offered by the service providers. The vendors compete based on price, reliability, delivery speed, and supply chain capacity. They are also trying to attain and sustain competitive advantage by providing value-added services to expand their product portfolio.
The leading vendors in the market are -
The other prominent vendors in the market are American Expediting, Apple Express, Aramex, Deliv, Estafeta USA, King and Mexico Express, NAPAREX, Purolator, TFI International, and Tucson- Mexico Express.
During 2016, the B2B end-user segment accounted for the major shares of the express delivery market in North America. The provision of serivces such as exchange of documents, business letters, and exchange of goods and the increased dependence of the pharmaceutical and healthcare industries, will contribute to the growth of this industry segment in the coming years.
Growth drivers, challenges, and upcoming trends: Increase in mergers and acquisitions
Vendors are choosing the merger and acquisition strategy to increase their market presence in North America and across the globe. They are also expanding their product portfolio to achieve economies of scale in various business processes. To establish a strong business network and regional connectivity, vendors prefer to acquire smaller companies in the region. Moreover, the region is also witnessing several mergers and acquisitions. For instance, United Parcel Service completed the acquisition of Marken in 2016, the only patient-centric company supply chain organization dedicated to the life sciences and pharmaceutical industries.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the express delivery market in North America. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Technavio also offers customization on reports based on specific client requirement.
The express delivery market in North America is an upcoming report by Technavio which is an essential part of the transportation and logistics portfolio under the fast-growing subdivision like transportation and distribution. This report aims at assessing the major trends and market drivers that influence the growth of the transportation and distribution industry.
Our market research analysis includes primary and secondary research techniques like telephone and online surveys, vendor briefings, webinars, and podcasts, and industry journals and publications to help clients develop active growth strategies and keep pace with the regularly changing market landscape. Furthermore, Vendors like DHL, FedEx, and UPS are covered under this upcoming industry research report on the express delivery market in North America.
The upcoming industry report also offers insights into fast-growing segments within the transportation and logistics industry, including sectors like logistics and packaging. Additionally, this report also presents insights into the varying competitive landscape to give clients a realistic picture of the future direction of the industry.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Key leading countries
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.