《Express in Europe.pdf》由会员分享，可在线阅读，更多相关《Express in Europe.pdf（36页珍藏版）》请在三一文库上搜索。
1、 Datamonitor USA 245 Fifth Avenue 4th Floor New York, NY 10016 USA t: +1 212 686 7400 f: +1 212 686 2626 e: Datamonitor Europe 119 Farringdon Road London EC1R 3DA United Kingdom t: +44 20 7551 9000 f: +44 20 7675 7500 e: Datamonitor Middle East and North Africa Datamonitor PO Box 24893 Dubai, UAE
2、 t: +49 69 9754 4517 f: +49 69 9754 4900 e: datamonitormena Datamonitor Asia Pacific Level 46, 2 Park Street Sydney, NSW 2000 Australia t: +61 2 8705 6900 f: +61 2 8705 6901 e: Europe - Express 0201 - 2331 - 2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 1 I
3、NDUSTRY PROFILE Express in Europe Reference Code: 0201-2331 Publication Date: November 2011 EXECUTIVE SUMMARY Europe - Express 0201 - 2331 - 2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 2 EXECUTIVE SUMMARY Market value The European express market shrank by 1
4、2.9% in 2010 to reach a value of $201 billion. Market value forecast In 2015, the European express market is forecast to have a value of $271.3 billion, an increase of 35% since 2010. Market segmentation I Time definite is the largest segment of the express market in Europe, accounting for 33.6% of
5、the markets total value. Market segmentation II Germany accounts for 6.9% of the European express market value. Market rivalry The European market is dominated by leading players such as DHL, TNT, and FedEx, who make for formidable incumbents to new entrants. CONTENTS Europe - Express 0201 - 2331 -
6、2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 3 TABLE OF CONTENTS EXECUTIVE SUMMARY 2 MARKET OVERVIEW 7 Market definition 7 Research highlights 8 Market analysis 9 MARKET VALUE 10 MARKET SEGMENTATION I 11 MARKET SEGMENTATION II 12 FIVE FORCES ANALYSIS 13 Summ
7、ary 13 Buyer power 14 Supplier power 15 New entrants 16 Substitutes 17 Rivalry 18 LEADING COMPANIES 19 Deutsche Post DHL 19 FedEx Corporation 23 PostNL N.V. (formerly TNT N.V.) 28 MARKET FORECASTS 32 Market value forecast 32 APPENDIX 33 Methodology 33 Industry associations 34 Related Datamonitor res
8、earch 34 Disclaimer 35 ABOUT DATAMONITOR 36 Premium Reports 36 CONTENTS Europe - Express 0201 - 2331 - 2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 4 Summary Reports 36 Datamonitor consulting 36 CONTENTS Europe - Express 0201 - 2331 - 2010 Datamonitor. This
9、profile is a licensed product and is not to be photocopied Page 5 LIST OF TABLES Table 1: Europe express market value: $ billion, 200610 10 Table 2: Europe express market segmentation I:% share, by value, 2010 11 Table 3: Europe express market segmentation II: % share, by value, 2010 12 Table 4: Deu
10、tsche Post DHL: key facts 19 Table 5: Deutsche Post DHL: key financials ($) 21 Table 6: Deutsche Post DHL: key financials () 21 Table 7: Deutsche Post DHL: key financial ratios 21 Table 8: FedEx Corporation: key facts 23 Table 9: FedEx Corporation: key financials ($) 25 Table 10: FedEx Corporation:
11、key financial ratios 26 Table 11: PostNL N.V. (formerly TNT N.V.): key facts 28 Table 12: PostNL N.V. (formerly TNT N.V.): key financials ($) 29 Table 13: PostNL N.V. (formerly TNT N.V.): key financials () 29 Table 14: PostNL N.V. (formerly TNT N.V.): key financial ratios 30 Table 15: Europe express
12、 market value forecast: $ billion, 201015 32 CONTENTS Europe - Express 0201 - 2331 - 2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 6 LIST OF FIGURES Figure 1: Europe express market value: $ billion, 200610 10 Figure 2: Europe express market segmentation I:% s
13、hare, by value, 2010 11 Figure 3: Europe express market segmentation II: % share, by value, 2010 12 Figure 4: Forces driving competition in the express market in Europe, 2010 13 Figure 5: Drivers of buyer power in the express market in Europe, 2010 14 Figure 6: Drivers of supplier power in the expre
14、ss market in Europe, 2010 15 Figure 7: Factors influencing the likelihood of new entrants in the express market in Europe, 2010 16 Figure 8: Factors influencing the threat of substitutes in the express market in Europe, 2010 17 Figure 9: Drivers of degree of rivalry in the express market in Europe,
15、2010 18 Figure 10: Deutsche Post DHL: revenues however, backward integration is a possibility with a number of businesses setting up in-house logistics departments. Overall, buyer power is moderate in the express logistics market. FIVE FORCES ANALYSIS Europe - Express 0201 - 2331 - 2010 Datamonitor.
16、 This profile is a licensed product and is not to be photocopied Page 15 Supplier power Figure 6: Drivers of supplier power in the express market in Europe, 2010 Source: Datamonitor D A T A M O N I T O R There are a small number of large suppliers that provide trucks and other transportation vehicle
17、s to the express market. Market players can own and operate their own fleets of trucks (and also planes and other vehicles), either purchased outright or leased. Specialized transportation companies have already integrated forwards to some extent, strengthening their position as suppliers, even if t
18、hey do not offer the door-to-door service of a fully-fledged express logistics player. At the same time, logistics companies are very unlikely to integrate backwards into many supplier markets (truck manufacturing, for example). Infrastructure providers, such as airport or marine port companies, are
19、 also vital suppliers in this market. Fuel is a significant cost, and the industry is fairly labour-intensive. Overall, supplier power is moderate. FIVE FORCES ANALYSIS Europe - Express 0201 - 2331 - 2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 16 New entran
20、ts Figure 7: Factors influencing the likelihood of new entrants in the express market in Europe, 2010 Source: Datamonitor D A T A M O N I T O R New entrants into this market would need to contend with strong, widely recognized, reputable brands, which have been built by leading players. It may initi
21、ally be difficult to attract buyers away from existing, well-established players. Large incumbents may benefit from economies of network size, in which fixed costs do not rise as rapidly as revenue due to the fact, additional locations are served. Large competitors also benefit from economies of sca
22、le and are able to invest in new technologies. It helps to improve competitiveness in the long-term, while new entrants may not have the resources to be able to do this. For example, in 2008 UPS completed a new hub in Tamworth, UK. This replaced three smaller facilities, and the company claims impro
23、ved efficiencies as a result. Smaller companies unable to make capital expenditures on this scale would miss out on the efficiencies. Regulation relevant to this market includes environmental legislation on truck engine emissions, and the EU Working Time (Road Transport) Directive, which limits the
24、hours that truck drivers are allowed to work. Overall, there is a moderate threat from new entrants. FIVE FORCES ANALYSIS Europe - Express 0201 - 2331 - 2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 17 Substitutes Figure 8: Factors influencing the threat of s
25、ubstitutes in the express market in Europe, 2010 Source: Datamonitor D A T A M O N I T O R The main substitutes threatening players operating in the express logistics market include buyers backward integrating into in-house logistics. Switching costs for buyers are high: they include the cost of sou
26、rcing and staffing a new road transport fleet (or expanding an existing one), together with the administrative costs of organizing air and marine transportation. National postal services can also be another threat to express logistics, particularly to the C2C segment, as utilizing standard parcel po
27、st can be cheaper and more convenient for individual customers. Overall, the threat from substitutes is considered to be moderate. FIVE FORCES ANALYSIS Europe - Express 0201 - 2331 - 2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 18 Rivalry Figure 9: Drivers o
28、f degree of rivalry in the express market in Europe, 2010 Source: Datamonitor D A T A M O N I T O R The European express logistics market is dominated by large, international players such as DHL, TNT and FedEx. There is very little differentiation in the services offered by the leading players, and
29、as it is rare for such players to diversify beyond their core transportation service offerings, consequently the market is highly important to their revenues. However those that can implement some level of differentiation are at an advantage in this competitive market. DHL has implemented freight co
30、nsolidation in some markets, whereby a warehouse sits outside the retail area it serves and acts as a consolidation and distribution point for different products intended for a range of retail outlets. It receives multiple deliveries bound for shops and consolidates them into a single load on one ve
31、hicle thus limiting urban congestion. Exit barriers can be high when market players divest fairly specialized assets, thus increasing market rivalry. In express logistics, any decision to exit the market would take into account factors such as: vehicle fleets are relatively non-specialized, but may
32、depreciate in value with time, the sunk costs of developing specialized IT systems, sorting and distribution hubs, and so on. Overall, there is a moderate degree of rivalry between players in the express logistics market. LEADING COMPANIES Europe - Express 0201 - 2331 - 2010 Datamonitor. This profil
33、e is a licensed product and is not to be photocopied Page 19 LEADING COMPANIES Deutsche Post DHL Table 4: Deutsche Post DHL: key facts Head office: Charles-de-Gaulle-Str. 20, Bonn 53113, DEU Telephone: 49 228 182 0 Fax: 49 228 182 7099 Website: www.dp- Financial year-end: December Ticker: DPW Stock
34、exchange: Frankfurt Source: company website D A T A M O N I T O R Deutsche Post DHL (or the company) is the leading postal and logistics group. The companys integrated DHL and Deutsche Post brands offer comprehensive services in international express, air and ocean freight, road and rail transportat
35、ion and contract logistics. The company is Germanys only universal provider of postal services and delivers mail and parcel in Germany and the world. It also offers dialogue marketing and press distribution services as well as corporate communications solutions. The company operates through four div
36、isions: global forwarding, freight; mail; supply chain; and express. The global forwarding/freight division is engaged in the transportation of goods by rail, road, air and sea in more than 150 countries. It is the worlds largest provider of air and ocean freight services and one of the leading over
37、land freight forwarders in Europe and the Middle East. The division manages the flow of goods and information across a customers global supply chain, connecting suppliers, carriers, customs brokers and end-users through a seamless supply of distribution services. The global forwarding/freight divisi
38、on also provides trade fair, exhibition and event logistics. It offers customized full-service solutions for exhibitors, international trade fair organizers, event management and staging companies as well as event agencies. This division operates through two business units: global forwarding and fre
39、ight. In FY2010, the company forwarded 4,435 thousand tones through air freight and 2,772 thousand TEUs (twenty-foot equivalent units) through ocean freight. The mail division is engaged in the transport and delivery of written communications. It provides special services such as cash-on-delivery an
40、d registered mail. This division operates through 82 mail centers, processing an average of around 70 million items per working day, and 33 parcel centers, handling a volume of more than 2.6 million parcels per working day within Germany. LEADING COMPANIES Europe - Express 0201 - 2331 - 2010 Datamon
41、itor. This profile is a licensed product and is not to be photocopied Page 20 The network spans about 20,000 retail outlets and points of sale, more than 2,500 Packstations and around 1,000 Paketboxes, located in approximately 1,600 towns and cities across Germany. In addition, it serves business cu
42、stomers in key domestic mail markets, including the US, the Netherlands, the UK and Spain. This division is subdivided into five business units: mail communication, dialogue marketing, press services, value-added services, parcel Germany and global mail. In FY2010, the division handled about 7,826 m
43、illion letters, including 6,566 business customer letters and 1,260 private customer letters. The supply chain division specializes in contract logistics and provides warehousing and ground-based transport services as well as sector-based value-added services along the entire supply chain. The divis
44、ion also offers end-to-end solutions for corporate information and communications management. It operates warehouses, provide packaging services and manage transportation networks. This division operates through two business units: supply chain and Williams Lea. The express division offers national
45、and international courier, express and parcel (CEP) services to corporate and private customers under the DHL brand. It operates a network of about 32,300 service points in more than 220 countries and territories. This division operates large network of intercontinental transport and cross-border tr
46、ansport. The company offers standard products solutions to its customers. The express division provides specialized services such as special pick-up and delivery services, information services, customs clearance services, transport of dangerous goods, payment/billing, insurance and packaging service
47、s. The express division comprises the Express Europe, Express Americas, Express Asia Pacific and Express EEMEA (Eastern Europe, the Middle East and Africa) business units. Key Metrics The company recorded revenues of $68,198 million in the fiscal year ending December 2010, an increase of 11.4% compa
48、red to fiscal 2009. Its net income was $3,366 million in fiscal 2010, compared to a net income of $880 million in the preceding year. LEADING COMPANIES Europe - Express 0201 - 2331 - 2010 Datamonitor. This profile is a licensed product and is not to be photocopied Page 21 Table 5: Deutsche Post DHL:
49、 key financials ($) $ million 2006 2007 2008 2009 2010 Revenues 80,204.8 71,591.5 72,162.5 61,203.1 68,197.6 Net income (loss) 3,023.0 2,481.2 (2,621.6) 879.6 3,366.1 Total assets 288,387.6 311,925.1 311,864.1 46,017.9 50,025.2 Total liabilities 269,905.2 293,565.9 293,565.9 12,872.2 14,524.2 Employees 461,222 470,123 511,292 436,651 421,274 Source: company filings D A T A M O N I T O R Table 6: Deutsche Post DHL: key financials () million