Industry Analysis & Industry Trends
In the past five years, the level of interest in the Courier Pick-up and Delivery Services industry's standard door-to-door delivery services has grown. Retail markets have grown in importance to the industry, which was traditionally focused more on businesses than consumers. Retailers, especially online retailers, rely on industry services to get their goods to customers. With the domestic Retail Trade division's adoption of online retailing lagging behind overseas markets, much of this growth in demand has come from international e-commerce sites. Australians have spent up big on online shopping in the past five years, with online spending in Australia alone increasing at a compound annual rate of 26.0%... purchase to read more
Industry Report - Starting a New Business Chapter
The industry is characterised by low barriers to entry. In theory, anyone with a vehicle and communication equipment such as a mobile phone can operate a business. Major players subcontract work to such operators. Extremely small operators suffer from a lack of bargaining power and are usually price-takers.
The highly competitive nature of the business is a barrier to entry for profitable operations. The critical mass in this industry is about five to 10 vehicles. For participants to expand beyond this point, a significant investment in technology and radio equipment is necessary. Considerable investment in technology is needed to automate systems and provide clients with up to date information about their consignments... purchase to read more