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. This approach allows companies to broaden their market presence, expand their service offerings, and achieve economies of scale in various business processes. By acquiring smaller firms from diverse regions, firms establish a global footprint, unlocking new growth opportunities and adding significant value to the combined entity. Moreover, M&A enables the expansion of customer bases and portfolios of services, products, and solutions, ultimately strengthening the acquiring company's competitive position in the global market. For instance, the recent acquisition by the Group fortified its European cross-border parcel network, underlining the strategic importance of M&A in the express delivery sector.
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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 focuses on enhancing delivery network capacity through smart logistics solutions, delivery van routing, and transport network analysis. Package handling equipment and delivery consolidation centers ensure efficient package handling, while delivery exception management and shipping label printing streamline the delivery process. Delivery performance metrics, such as on-time delivery rate and customer satisfaction score, are closely monitored. Delivery resource allocation, delivery time optimization, and route planning software help optimize operations. Logistic network modeling, delivery workflow automation, and delivery data analytics enable supply chain optimization. E-commerce order routing and fulfillment center automation improve efficiency, while delivery area segmentation, delivery risk management, and delivery service quality ensure reliable and timely deliveries.
The Express Delivery Market in Brazil is a significant segment of the larger global Air Freight and Logistics Market. This market encompasses revenue generated by companies offering last-mile delivery solutions, delivery route optimization, package tracking systems, and innovative technologies like delivery drones. The market's growth is driven by the surge in e-commerce logistics, particularly cross-border transactions. As consumers increasingly opt for swift and reliable delivery services, key market trends include advanced tracking systems and optimized delivery routes to enhance customer satisfaction. Technavio's market analysis indicates that the global Air Freight and Logistics Market, which includes these express delivery services, is expected to grow substantially due to the rising e-commerce activities across borders.. 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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