The key vendors in the Express Delivery Market in China 2015-2019 are Deutsche Post DHL, FedEx Corp., TNT Express NV and United Parcel Service (UPS) Inc.
London, 07 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Express Delivery Market in China 2015-2019. An increase in M&A will enable companies to expand their customer base, and product and service portfolio. Vendors in the market are opting for the M&A route to boost their global presence and expand their product portfolio as well as achieve economies of scale in various business processes. The Express Delivery market in China is expected to grow at a CAGR of 27.06 percent during the forecast period of 2014-2019.
The market share is likely to increase in terms of revenue from domestic shipments and growing B2C e-commerce trade. Vendors in the Express Delivery market are providing more express and same-day delivery services by improving the efficiency of their logistics, thus enhancing their SCM activities.
“Express delivery service providers are adopting IT-enabled services such as GPS tracking, online tracking, communication services, and automatic updating of records,” says Faisal Ghaus, Vice President of TechNavio Research.
“The adoption of these services in the Express Delivery market in China will increase profitability for the business as these services will make business processes faster and more accurate.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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