eCommerce: Top 5 Shipping Providers
Top 5 Shipping Providers Offered by Brazilian Online Stores 2023
Which shipping providers dominate the Brazilian eCommerce market in 2023? Uncover the top players in our latest analysis.
Article by Patrick Nowak | June 12, 2024Top 5 Shipping Providers Offered by Brazilian Online Stores 2023
Which Shipping Provider Dominates the Brazilian eCommerce Market in 2023?
In the Brazilian eCommerce landscape of 2023, the dominance of shipping providers is clearly evident, with Correios, the state-run postal service, holding a staggering market penetration of 92.6%. This significant market share underscores Correios' crucial role as the primary logistics and parcel delivery service in Brazil. In stark contrast, jadlog, a private courier service, lags far behind with a mere 10.3% penetration rate, emphasizing the formidable position of Correios in the market. Total Express and Motoboy, with penetration rates of 4.8% and 4.5% respectively, represent smaller players catering to specific delivery needs such as express and local services. Surprisingly, FedEx, a well-known global player, holds a modest penetration rate of just 3.5%, highlighting the challenges faced by international providers in competing with established domestic services in Brazil. The data indicates a landscape where Correios reigns supreme, shaping the eCommerce shipping sector in Brazil.
Main Facts: Dominant companies in the Brazilian eCommerce Shipping 2023
- Correios Dominates Brazilian eCommerce Shipping Market: With a penetration rate of 92.6%, Correios holds a substantial lead over other providers in the Brazilian eCommerce shipping market in 2023.
- Jadlog Holds Second Place: Jadlog secures the second position with a penetration rate of 10.3%, showcasing a significant gap between it and the market leader, Correios.
- Total Express, Motoboy, and FedEx as Minor Players: Total Express, Motoboy, and FedEx maintain minor roles in the Brazilian eCommerce shipping market with penetration rates of 4.8%, 4.5%, and 3.5% respectively, highlighting their struggle to compete with the dominant presence of Correios.
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