Technavio market research analysts forecast the express delivery market in Brazil to grow at a CAGR of close to 4% during the period 2018-2022, according to their latest report.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180505005012/en/
Technavio has published a new market research report on the express delivery market in Brazil from 2018-2022. (Graphic: Business Wire)
In this report, Technavio highlights the growing market expansion of players as one of the key emerging trends in the express delivery market in Brazil. Players in the global express delivery market are adopting the mergers and acquisitions (M&A) strategy to boost their presence across Latin American countries. They are also expanding their product portfolio to achieve economies of scale in various business processes. Established players are acquiring small companies to create a strong business network and regional connectivity. Growing M&A activities by vendors and expansion of their business portfolios in Latin American countries will drive the express delivery market in Brazil.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy2 reports and get the third for FREEView all Technavio's current offers
In this report, Technavio analysts highlight the growth of e-commerce market as a key factor contributing to the growth of the express delivery market in Brazil
Growth of e-commerce market
E-commerce is a fast-growing market and has a significant impact on retail as well as distribution channels. The shift toward online shopping by customers appears to be permanent because of the several benefits that it offers to customers, including ease of buying, easy access to alternatives, and home delivery services, which make the life of consumers easy. The increasing use of the Internet and mobile devices is also propelling the growth of the e-commerce market worldwide.
According to a senior analyst at Technavio for logistics, "In Latin America, Brazil is the largest economy and the fifth-largest country in the world in terms of area and population. Brazil witnesses a high volume of e-commerce transactions as it is the fourth-largest Internet market with more than 100 million Internet users in 2017. The e-commerce market in Brazil is witnessing high growth, despite the adverse economic conditions. In 2017, the electronics and household appliances occupied a major share in the Brazilian e-commerce market. The growing e-commerce market in Brazil presents substantial growth opportunities for companies based in other countries. The growing e-commerce and retail sectors are expected to increase the competition in the express delivery market in Brazil."
Looking for more information on this market? Request a free sample report
Technavio's sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Express delivery market in Brazil segmentation analysis
This market research report segments the express delivery market in Brazil into the following customer types, including B2B and B2C and service type, including time-definite and same-day.
Of the two major customer types, the B2B held the largest market share in 2017, accounting for nearly 58% of the market. The market share for this customer type is expected to decrease by 2022. The fastest growing customer type is B2C, which will account for nearly 43% of the total market share by 2022.
Of the two major service types, the time-definite held the largest market share in 2017, accounting for nearly 86% of the market. The market share for this service type is expected to decrease by 2022. The fastest growing service type is same-day, which will account for nearly 15% of the total market share by 2022.
| Save big with Technavio this May! Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all non-alcoholic beverages reports for the entire month. OR Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period. |
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180505005012/en/
Contacts:
Technavio Research
Jesse Maida
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com
