The Express Delivery Market in Brazil is being driven by Growth of e-commerce market
The Express Delivery Market in Brazil is expected to grow at a CAGR of 4.36% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1604.5 million. In the dynamic express delivery market of Brazil, strategic mergers and acquisitions (M&A) have emerged as a preferred growth strategy for vendors. These deals enable firms to broaden their service offerings, establish a global presence, and seize new business opportunities. By acquiring smaller players from various regions, companies can achieve economies of scale in various business processes, expanding their customer base and portfolio of services, products, and solutions. For instance, the recent acquisition by the Group fortified its European cross-border parcel network, enhancing its competitive edge in the industry.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
133 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.36% |
Market growth 2024-2028 |
USD 1604.5 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
4.11 |
Key countries |
Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Express Delivery Market in Brazil has experienced significant growth in recent years, driven by the development of international trade, online shopping, and the retail sector. This market caters to the delivery of non-palletized goods, including merchandise, documents, letters, and parcels, via land, water, and air transport. With the rise of e-commerce, express delivery services have become essential for retail customers, enabling them to receive their purchases promptly. Smart technology and sensors play a crucial role in ensuring efficient and reliable delivery, providing real-time tracking and monitoring of shipments. The express delivery market in Brazil serves various industries, including primary industries, utilities, construction, manufacturing, and international and domestic trade. The market's scope extends beyond merchandise, with the delivery of documents and letters also a significant contributor to its growth. Postal management companies and express delivery services have invested heavily in technology and infrastructure to meet the increasing demand for fast and reliable delivery services. The market's future looks promising, with continued growth expected as online shopping and international trade continue to thrive in Brazil.
The air freight and logistics market encompasses the revenue generated by corporations offering air cargo transportation, courier services, and logistics solutions, which involve package and mail delivery, as well as customs brokerage. According to Technavio's market analysis, the global air freight and logistics market size is determined by the earnings of air freight and logistics service providers. This market includes the monitoring of goods in transit until their delivery, ensuring efficient and timely transportation. Key growth drivers for the global air freight and logistics market include the surge in cross-border e-commerce activities, where consumers purchase products from foreign sources, leading to a significant increase in demand for expedited delivery services. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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