Moving Services Market in the US by Type and End-user - Forecast and Analysis 2022-2026
- Published: Mar 2022
- Pages: 120
- SKU: IRTNTR45281
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The moving services market share in the US is expected to increase by USD 1.95 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 2.04%.
This moving services market in the US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers moving services market segmentation in the US by end-user (residential, corporate, military and government, and others) and type (full-service moving and partial service moving). The moving services market in the US report also offers information on several market vendors, including AGS Worldwide Movers, ArcBest Corp., Armstrong Relocation and Companies, Arpin Van Lines, Atlas World Group Inc., Beltmann Relocation Group, Coleman World Group, UniGroup CA , U-Pack, and Wheaton World Wide Moving among others.
What will the Moving Services Market Size in the US be During the Forecast Period?
Download the Free Report Sample to Unlock the Moving Services Market Size in the US for the Forecast Period and Other Important Statistics
Moving Services Market in the US: Key Drivers, Trends, and Challenges
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growth in real estate agency is notably driving the moving services market growth in the US, although factors such as high costs involved with relocation services may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the moving services industry in the US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Moving Services Market Driver in the US
The growth in real estate agency is one of the key drivers supporting the moving services market growth in the US. Through affordable housing loans, buyers are investing in houses, which will increase the real estate market in the US. Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. This, in turn, will drive the market for relocation services. Operators in the sector, apart from offering transportation and packaging services, offer mortgage services, wherein home buyers are offered a wide range of loan programs and have the option to compare finances. Thus, with the growth in the housing industry in the US and the value-added services provided by relocation operators, the moving industry market size is expected to grow during the forecast period.
Key Moving Services Market Trend in the US
The implementation of CRM and engagement analytics in moving industries is one of the key moving services market trends that is contributing to the market growth. Moving companies and relocation services offer a wide range of amenities, which often leads to confusion among clients. To have proper client interaction and to increase visibility online, companies need to integrate engagement analytics and customer relationship management (CRM) to increase client interactions. This will help in boosting the company's growth. For instance, QuickMove Technologies, a relocation company, has installed CRM, which aids in better customer engagement and helps complete moving operations. Such implementations will propel the market growth during the forecast period.
Key Moving Services Market Challenge in the US
The high costs involved with relocation services is one of the factors hindering the moving services market growth in the US. The cost estimated by clients for interstate movement is around $800-$900, and the cost of moving between states is around $4,000-$4,800. However, the average cost for moving interstate for both corporate and residential services is between $1,150 and $2,500, and the cost to move between states comes around $5,300-$6,000, which is approximately 35% more than the estimated cost. In addition, as the number of services requested increases, the cost also rises. This is a huge challenge faced by the moving services market. Such challenges will impede the market growth during the forecast period.
This moving services market in the US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the moving services market in the US as a part of the global air freight and logistics market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the moving services market in the US during the forecast period.
Who are the Major Moving Services Market Vendors in the US?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- AGS Worldwide Movers
- ArcBest Corp.
- Armstrong Relocation and Companies
- Arpin Van Lines
- Atlas World Group Inc.
- Beltmann Relocation Group
- Coleman World Group
- UniGroup CA
- Wheaton World Wide Moving
This statistical study of the moving services market in the US encompasses successful business strategies deployed by the key vendors. The moving services market in the US is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Product Insights and News
AGS Worldwide Movers - The company offers various moving services which can be further categorized into household moving, commercial moving, international moving, corporate relocation, government and military moving, and specialized moving services.
ArcBest Corp. - The company offers various moving services such as household moving, commercial moving, international moving, corporate relocation, government and military moving, and specialized moving services.
Armstrong Relocation and Companies - The company offers various moving services such as household moving, commercial moving, international moving, corporate relocation, government and military moving, and specialized moving services.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The moving services market in the US forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Moving Services Market in the US Value Chain Analysis
Our report provides extensive information on the value chain analysis for the moving services market in the US, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the air freight and logistics market includes the following core components:
- Freight forwarder
- Air freight carrier
- Handling agents
- Industry innovation
The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.
What are the Revenue-generating End-user Segments in the Moving Services Market in the US?
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The moving services market share growth in the US by the residential segment will be significant during the forecast period. Residential relocation either requires full-service moving or partial-service moving, depending on the distance traveled and the number of goods that are being transported. In addition, like employee relocation services, residential relocation services also offer housing assistance and real estate assistance. Here, vendors help sell the house at affordable prices, provide schooling and education assistance, and brief clients on the basic facilities and amenities available in the new location. Such services offered by vendors through the residential segment will drive the moving services market in the US during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the moving services market in the US size and actionable market insights on post COVID-19 impact on each segment.
Moving Services Market Scope in the US
Growth momentum & CAGR
Accelerate at a CAGR of 2.04%
Market growth 2022-2026
$ 1.95 billion
YoY growth (%)
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
AGS Worldwide Movers, ArcBest Corp., Armstrong Relocation and Companies, Arpin Van Lines, Atlas World Group Inc., Beltmann Relocation Group, Coleman World Group, UniGroup CA , U-Pack, and Wheaton World Wide Moving
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, Market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
What are the Key Data Covered in this Moving Services Market in the US Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive moving services market growth in the US during the next five years
- Precise estimation of the moving services market size in the US and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the moving services industry in the US
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of moving services market vendors in the US
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1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2: Market Characteristics
2.3 Value chain analysis
Exhibit 02: Value chain analysis : Air Freight and Logistics
2.3.2 Freight forwarder
2.3.3 Air freight carrier
2.3.4 Handling agents
2.3.6 Industry innovation
3. Market Sizing
3.1 Market definition
Exhibit 03: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 04: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 05: US - Market size and forecast 2021 - 2026 ($ billion)
Exhibit 06: US market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 07: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Exhibit 08: Market condition - Five forces 2021
5 Market Segmentation by End-user
5.1 Market segments
The segments covered in this chapter are:
- Military and government
Exhibit 09: End-user - Market share 2021-2026 (%)
5.2 Comparison by End-user
Exhibit 10: Comparison by End-user
5.3 Residential - Market size and forecast 2021-2026
Exhibit 11: Residential - Market size and forecast 2021-2026 ($ billion)
Exhibit 12: Residential - Year-over-year growth 2021-2026 (%)
5.4 Corporate - Market size and forecast 2021-2026
Exhibit 13: Corporate - Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Corporate - Year-over-year growth 2021-2026 (%)
5.5 Military and government - Market size and forecast 2021-2026
Exhibit 15: Military and government - Market size and forecast 2021-2026 ($ billion)
Exhibit 16: Military and government - Year-over-year growth 2021-2026 (%)
5.6 Others - Market size and forecast 2021-2026
Exhibit 17: Others - Market size and forecast 2021-2026 ($ billion)
Exhibit 18: Others - Year-over-year growth 2021-2026 (%)
5.7 Market opportunity by End-user
Exhibit 19: Market opportunity by End-user
6 Market Segmentation by Type
6.1 Market segments
The segments covered in this chapter are:
- Full-service moving
- Partial-service moving
Exhibit 20: Type - Market share 2021-2026 (%)
6.2 Comparison by Type
Exhibit 21: Comparison by Type
6.3 Full-service moving - Market size and forecast 2021-2026
Exhibit 22: Full-service moving - Market size and forecast 2021-2026 ($ billion)
Exhibit 23: Full-service moving - Year-over-year growth 2021-2026 (%)
6.4 Partial-service moving - Market size and forecast 2021-2026
Exhibit 24: Partial-service moving - Market size and forecast 2021-2026 ($ billion)
Exhibit 25: Partial-service moving - Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by Type
Exhibit 26: Market opportunity by Type
7 Customer landscape
Exhibit 27: Customer landscape
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growth in real estate market
8.1.2 Rise in overseas employment and immigration
8.1.3 Increase in corporate relocation
8.2 Market challenges
8.2.1 High costs involved with relocation services
8.2.2 Damage during transit and improper packaging of goods
8.2.3 Difficulty in employee housing for expatriate
Exhibit 28: Impact of drivers and challenges
8.3 Market trends
8.3.1 Implementation of CRM and engagement analytics in moving industries
8.3.2 Increase in short-term assignments
8.3.3 Niche service offerings by moving companies
9. Vendor Landscape
9.1 Competitive scenario
9.2 Vendor landscape
Exhibit 29: Vendor Landscape
9.3 Landscape disruption
Exhibit 30: Landscape disruption
9.4 Industry risks
Exhibit 31: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 32: Vendors covered
10.2 Market positioning of vendors
Exhibit 33: Market positioning of vendors
10.3 AGS Worldwide Movers
Exhibit 34: AGS Worldwide Movers - Overview
Exhibit 35: AGS Worldwide Movers - Product and service
Exhibit 36: AGS Worldwide Movers - Key offerings
10.4 ArcBest Corp.
Exhibit 37: ArcBest Corp. - Overview
Exhibit 38: ArcBest Corp. - Business segments
Exhibit 39: ArcBest Corp. - Key offerings
Exhibit 40: ArcBest Corp. - Segment focus
10.5 Armstrong Relocation and Companies
Exhibit 41: Armstrong Relocation and Companies - Overview
Exhibit 42: Armstrong Relocation and Companies - Product and service
Exhibit 43: Armstrong Relocation and Companies - Key offerings
10.6 Arpin Van Lines
Exhibit 44: Arpin Van Lines - Overview
Exhibit 45: Arpin Van Lines - Product and service
Exhibit 46: Arpin Van Lines - Key offerings
10.7 Atlas World Group Inc.
Exhibit 47: Atlas World Group Inc. - Overview
Exhibit 48: Atlas World Group Inc. - Product and service
Exhibit 49: Atlas World Group Inc. - Key offerings
10.8 Beltmann Relocation Group
Exhibit 50: Beltmann Relocation Group - Overview
Exhibit 51: Beltmann Relocation Group - Product and service
Exhibit 52: Beltmann Relocation Group - Key offerings
10.9 Coleman World Group
Exhibit 53: Coleman World Group - Overview
Exhibit 54: Coleman World Group - Product and service
Exhibit 55: Coleman World Group - Key offerings
10.10 UniGroup CA
Exhibit 56: UniGroup CA - Overview
Exhibit 57: UniGroup CA - Product and service
Exhibit 58: UniGroup CA - Key news
Exhibit 59: UniGroup CA - Key offerings
10.11 USA Family Moving
Exhibit 60: USA Family Moving - Overview
Exhibit 61: USA Family Moving - Product and service
Exhibit 62: USA Family Moving - Key offerings
10.12 Wheaton World Wide Moving
Exhibit 63: Wheaton World Wide Moving - Overview
Exhibit 64: Wheaton World Wide Moving - Product and service
Exhibit 65: Wheaton World Wide Moving - Key offerings
11.1 Scope of the report
11.1.1 ????Market definition
11.1.3 ????Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 66: ?Currency conversion rates for US$?
11.3 Research Methodology
Exhibit 67: ?Research Methodology
Exhibit 68: ??Validation techniques employed for market sizing?
Exhibit 69: ??Information sources
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Rest of North America
- growth in real estate agency
- Implementation of CRM and engagement analytics in moving industries
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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