This market research report presents a comprehensive segmentation of the express delivery market in Brazil by customer type (B2B and B2C) and by service type (same day and time-definite). The report also provides a detailed analysis of the leading companies in this market, including DHL, FedEx, TNT Express, and UPS.
Technavio has released a new market research report on the express delivery market in Brazil, which is expected to grow at a CAGR of more than 3% by 2020. With the increase in e-commerce trade and rapid economic growth in the country, the revenue generated from domestic shipments and B2C e-commerce trade will witness a significant increase. E-commerce retailers are one of the major end-users of express delivery services because of the growing e-commerce trade in Brazil.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“The recent rise in international cross-border trade will fuel the opportunities for market growth during the estimated period. The express delivery market in Brazil has witnessed an increase in international trade, which includes the exchange of business letters and documents. This increase in international trade has compelled vendors to expand their geographical presence to cater to the needs of their customers. The expansion of the vendors’ geographical presence will lead to the steady growth of the express delivery market in Brazil during the forecast period,” says Sharan Raj, Lead Analyst, Transportation & Logistics, Technavio Research
The same-day delivery services segment will be the largest market segment during the forecast period and will account for more than 52% of the total market share by 2020. Same-day delivery services include the delivery of documents, merchandise, and parcels to different types of the customer such as government agencies, retail customers, and business customers. The rapid growth of the e-commerce market in Brazil will bolster the need for same-day delivery services during the forecast period.
The leading vendors in the express delivery market in Brazil are DHL, FedEx, TNT Express, and UPS. The market is highly fragmented due to the presence of many small- and large-scale local and international suppliers. Though there are many small vendors in this market, the key differentiating element is the value-added services provided by express delivery service providers. Services such as same-day delivery and next day delivery before 9 AM are the most popular services offered by vendors.
A more detailed analysis is available in the Technavio report, Express Delivery Market in Brazil 2016-2020.
We can customize reports by other regions and specific segments upon request.
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