Global Moving Services Market Overview:
Moving Services provide assistance to people and businesses in moving their goods from one place to another. There considerable growth in the number of employees traveling abroad where the need for the moving services is vital. The moving services also help selling an existing home, costs incurred house hunting, temporary housing if necessary and all travel costs by the employee and family to the new location. Due to the factors such as adequate overseas employment and emigration of the United States citizens abroad the market is expected to grow over the coming years. Some of the key players profiled in the study are Atlas Van Lines (United States), Arpin Van Lines (United States), Bekins Van Lines, Inc. (United States), Mayflower Transit, LLC (United States), United Van Lines (United States), Wheaton World Wide Moving (United States), U-Pack (India), Armstrong Relocation (United States), Beltmann Group Incorporated (United States), Coleman American Moving Services (United States), Corrigan Moving Systems (United States), Daryl Flood Relocation & Logistics (United States), Ford Storage and Moving Company (United States), Fidelity Moving and Storage (United States), Mergenthaler Transfer and Storage Co. (United States), New World Van Lines (United States), Palmer Moving & Storage (United States), Tri Star Freight System (United States), Planes Moving and Storage (United States) and JK Moving & Storage, Inc. (United States).
On the basis of geography, the market of Moving Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Packing Services will boost the Moving Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in the Number of Renters Globally
- Increase in the Employment Relocation rate
- Implementation of CRM and Engagement Analytics in Moving Industries
- High Costs Involved with Relocation Services
- Increasing Emigration of the Citizens Abroad
- Hassle Free Shifting to New Places
Major Market Developments:
In February 2019, Wheaton Van Lines acquired Stevens Worldwide Van Lines. This acquisition will expand the capacity and capabilities of the four brands under the Wheaton group umbrella.
In October 2019, JK Moving Services forged a stronger partnership with Yembo. This partnership enables JK customers to use Yembo’s AI-driven software to conduct virtual surveys of goods using a mobile phone.
In Moving Services Market, it has been observed that most of the companies are upgrading or introducing innovative services. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
New Entrants/Investors, Analysts and Strategic Business Planners, Moving Services Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Users
Major Objectives Focused through this Study
To define, describe, and forecast the Global Moving Services market on the basis of product [Corporate, Residential and Military and Government] , application [Commercial and Personal], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Moving Services market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Moving Services industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Moving Services market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.