The Couriers industry is less susceptible to economic cycles than other industries
Los Angeles, CA (PRWEB) January 21, 2012
The Couriers industry is a relatively new business segment in China. In its modern form, it has existed for fewer than 20 years. Due to an increasingly dynamic domestic economy and improved transport infrastructure, this industry experienced impressive growth in the past decade, according to IBISWorld, America's largest publisher of industry research.
In the five years to 2011, industry revenue is expected to increase at annualized rate of 26%. Much stronger industry growth than the overall economy indicates that the industry is in the growth stage of its life cycle. There are more than 3,900 enterprises operating in the industry, employing over 383,000 workers with a payroll of over $1.24 billion. The Couriers industry in China is less susceptible to economic cycles than some other industries.
The Couriers industry in China will benefit from bright and steady future growth in China's economy, and the development of more niche markets. Demand growth from e-commerce activities is expected to be particularly strong.
As the industry grows and matures, growth is forecast to slow down slightly. Increased industry competition across China's urban and rural markets will result in stagnant pricing levels. However, due to continued strong demand for the industry's services and the largely underdeveloped markets in China's western regions, this industry is still expected to produce relatively strong growth during the next five years. From 2011 to 2016, industry revenue is expected to increase at the annualized growth rate of 18.9% to total $29.53 billion in 2016.
For more information, including profit levels, market shares, product segmentation and more, purchase IBISWorld’s full report on the Couriers industry in China for $825 at ibisworld.com.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
Couriers in China – Key Report Topics
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on 200 Chinese industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.