Enjoy complimentary customisation on priority with our Enterprise License!
Brazil - express delivery market size is estimated to grow at a CAGR of 4.61% between 2022 and 2027. The market size is forecast to increase by USD 1,635.85 million. The growth of the market depends on several factors such as the growth of the e-commerce market, the adoption of new technologies in express delivery services, and the FTAs spurring the growth of the express delivery market in Brazil.
This Brazil express delivery market report extensively covers market segmentation by service type (time-definite and same-day), and customer type (B2B and B2C). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
To learn more about this report, View Report Sample
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
One of the key factors driving the Brazil express delivery market growth is the growth of the e-commerce market. There is a significant shift towards online shopping by customers which fuelling the e-commerce market across the globe. Some of the main advantages of the e-commerce platform include ease of buying, easy access to alternatives, and home delivery services, which make the lives of customers easy and convenient.
Moreover, there is significant growth in the e-commerce market in Brazil. Besides the quality of the products offered by the e-commerce platforms, there is an increasing demand for improved delivery services among customers which has led to express delivery service providers adopting new methods to enhance resource planning and last-mile delivery operations. Hence, such factors are positively impacting the Brazil express delivery market. therefore, it is expected to drive the Brazil express delivery market growth during the forecast period.
A key factor shaping Brazil express delivery market growth is the consolidation within the express delivery market. There is an increasing participation of M&A by several market players in the Brazil express delivery market to increase their foothold and expand their service portfolio. Some of the key advantages of M&A include achieving economies of scale in various business processes, establishing a global presence by acquiring smaller firms from various regions, and helping companies open new growth opportunities.
For example, Deutsche Post DHL Group acquired UK Mail, one of the largest mail and parcel service providers in the UK in order to strengthen its European cross-border parcel network. Additionally, it has enabled the Group to successfully implement its expertise in e-commerce and parcel delivery services in the UK mail customer base and logistics network. Hence, such M&A are expected to positively impact the market which in turn will drive the Brazil express delivery market growth during the forecast period.
Stringent government regulations on imports in Brazil are one of the key challenges hindering the Brazil express delivery market growth. Some of the prominent express delivery vendors operating in Brazil, including UPS and FedEx, are headquartered in the US. There is an increasing preference by Brazilian consumers to buy online from foreign sellers due to high import duties. In addition, there is a significant ICMS charge imposed by the government on the movement of goods and services on online imports, which is 18%, to ensure equal treatment of both national and global products.
Moreover, the airline industry plays a major role in the Brazil express delivery market as it offers faster delivery services than other modes of transportation. However, there is a restriction imposed by the Brazilian government on foreign investments such that a maximum of a maximum of 20% in domestic airline companies. Hence, such factors are negatively impacting the market which in turn is expected to hinder the Brazil express delivery market growth during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Brazil Express Delivery Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Aramex International LLC: The company offers express delivery services such as priority express, export express, domestic express and import express.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The time-definite segment is estimated to witness significant growth during the forecast period. One of the main factors that is significantly fuelling the growth of this segment is the growing demand for on-demand delivery. Time-definite delivery service can be referred to as delivery service with a stipulated time, place, and day. In this service, the shipping of the parcel is time-sensitive or time-critical. The shipping of the parcel is time-sensitive or time-critical in this service.
Get a glance at the market contribution of various segments Request Free PDF Sample
The time-definite segment was the largest segment and was valued at USD 4,647.24 million in 2017. Some of the global prominent market players that offer varied time-definite delivery services in Latin America include DHL Group and FedEx. For example, FedEx offers FedEx International Priority service around the world, with delivery within 1-3 business days and package weight up to 150 lbs. Additionally, there is an increasing implementation of innovative options such as click-and-collect parcel lockers to ensure time-definite delivery service which creates a win-win for both the market players and the customers. Therefore such services are positively impacting the growth of this segment. The increasing preference for express delivery by consumers is that these market players deliver parcels faster at relatively low logistics costs. Hence, such factors are expected to fuel the growth of this segment which, in turn, will drive the Brazil express delivery market growth during the forecast period.
Customer Type Segment Analysis
Based on customer type, the segment is classified into B2B and B2C. Business-to-business (B2B) can be referred to as commercial transactions where companies procure products for their manufacturing processes. The B2B segment of the express delivery market in Brazil encompasses business-oriented transactions and is fuelled by the growth of the e-commerce market and Internet penetration. Some of the prominent market players in the B2B segment in Brazil's express delivery services market include Correios and JadLog. Additionally, there is an increasing investment by several foreign companies in Brazil express delivery services market to expand their business in Latin America. Hence, such factors are fuelling the growth of this segment which in turn will drive the Brazil express delivery market growth during the forecast period
The Brazil express delivery market report forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Brazil Express Delivery Market Scope |
|
Report Coverage |
Details |
Page number |
130 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.61% |
Market growth 2023-2027 |
USD 1,635.85 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.24 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aramex International LLC, Braspress Transportes Urgentes Ltda., Correios, Courier Brasil Express, Deutsche Post AG, DPD Deutschland GmbH, Eurosender Sarl, Excess Baggage Airports Ltd., FedEx Corp., Jamef, Nippon Express Holdings Inc., Nippon Yusen Kabushiki Kaisha, Parcel ABC Ltd., Pronto Express Distribution Inc., Purolator Inc., SF Express Co. Ltd., Shipping Brazil, United Parcel Service Inc., United States Postal Service, and ZIM Integrated Shipping Services Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
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.